Gambling news - page 1195

Lesniak argues for legalisation

20 Dec 2010

Ray Lesniak, the feisty New Jersey state senator who has been shaking up the world of US online gambling legalisation, took public issue with sports betting discriminatory laws in an op-ed article for the Asbury Park Press this weekend.

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Gibraltar taxes on internet gambling operators to rise tenfol

20 Dec 2010

The bad news for Gibraltar-domiciled online gambling operators over the weekend was that the government intends lifting their tax rate from 1 percent to 10 percent from next year.

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Blue Square defends complaint

19 Dec 2010

The current row over suspicious betting patterns surrounding the issuing of a red card to Motherwell Football Club’s Steve Jennings resurfaced over the weekend with UK Media reporting that Blue Square.com is justifying its report to the authorities after being criticised in the media and has advised the Scottish Premier League that there is extra …

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Ladbrokes takeover approach on 888

19 Dec 2010

Frequent speculation in the M&A sector this year was that Ladbrokes would make a bid for online gambling group 888 and this is apparently about to occur with the UK publication – The Telegraph reporting over the weekend that the former is making a GBP 240 million takeover attempt but the betting firm may not …

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UK gambling industry statistics

18 Dec 2010

The UK Gambling Commission has published its industry statistics for 2009/10.

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West Virginia not yet ready for legalisation

18 Dec 2010

With possible intrastate online gambling legalisation bills under consideration in New Jersey, California and Florida, there was speculation in West Virginia this week that the growing competitive pressure that could develop may cause a rethink on the state’s present antipathy to internet gambling.

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Key New Jersey bill to go before committee thursday

18 Dec 2010

Senator Ray Lesniak’s S490 bill seeking to legalise intrastate online gambling will go before the Budget Appropriations Committees in the New Jersey legislature on Thursday this week to formalise minor changes in the financial provisions before the bill goes to the Assembly floor and a hopefully positive vote.

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OPAP privatisation more urgent

18 Dec 2010

Although the privatisation sale of the Greek state gambling monopoly OPAP has been on the cards for some time, the parlous state of the Greek economy may provide more momentum to get the deal done and the cash into state coffers.

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Tax net closes on Cyprus-based online gambling operators

18 Dec 2010

Internet gambling operators who chose Cyprus as a convenient and tax-efficient base may have to reassess their position following developments this week in which the local constabulary announced that it had handed over information on internet gaming companies to the Inland Revenue Department.

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Social blackjack

17 Dec 2010

The creators of BlackJack eXtreme, the concept of playing blackjack on the poker table, have added the MySpace social network to their list of distribution and playing channels, which already includes Facebook.

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Should the Tote be sold?

17 Dec 2010

The often fractious relationship between the British bookie industry and the horseracing fraternity again surfaced this week amid reports that many racing supporters are unhappy that the Tote has been placed back on the ‘for sale’ block by the British government.

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BetonSports accussed sentenced to home probation

17 Dec 2010

Norman Steinberg, described by the St. Louis press as a “key player” in the historic prosecution of the erstwhile BetonSports online gambling group some years ago came home to the US briefly this week to plead guilty to conspiracy in the illegal online gambling affair.

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GVC Holdings update

17 Dec 2010

Recently re-domiciled on the Isle of Man and listed on London’s AIM market, internet gambling group GVC Holdings plc released a trading update for the period 1 October 2010 to 15 December this week, including within it an update on the group’s long-running litigation against Boss Media.

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Online casino lifts Party Gaming trade update

17 Dec 2010

Party Gaming plc, one of the industry’s strongest companies, released its pre-close trading update Friday, reporting a strong performance in casino mitigated by a softer seasonal performance in poker and bingo

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Kansas defendants sentenced in illegal online gambling case

17 Dec 2010

Bettors were provided with a toll-free number and two website addresses through which wagers were placed using account numbers and passwords, reports the Kansas City Star.  A Costa Rican company managed the phone number and the web server.

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Light sentence handed down to Dikshit

17 Dec 2010

our readers will recall the case two years ago of Anurag Dikshit (39), one of the founders of online gambling giant, Party Gaming plc.

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Online betting firm reports concerns over unusual betting patterns

17 Dec 2010

High profile corruption in sports is in the news at the moment, with suspected irregular betting activity around a red card issued to Motherwell midfielder Steve Jennings.

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Ukraine draft bans online gambling

17 Dec 2010

Over a year ago the government of the Ukraine followed Russia’s draconian example and banished gambling, passing the Law On Prohibition of Gambling Business in Ukraine in June 2009.

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Internet gambling on the agenda for presidential meeting

17 Dec 2010

US President Barak Obama met with tribal leaders from across the nation at the White House Thursday to discuss a variety of First Nation issues, amoing them internet gambling, reports the San Diego Union Tribune. The pow-wow was the second held by the present administration.

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French court delivers split verdict in trademark case

17 Dec 2010

A ruling was handed down by the Paris Court of First Instance in a trademark infringement case this week between French former state-regulated monopoly, Pari Mutuel Urbain (PMU) and online gambling operator, Unibet and the jurisdiction of Antigua.

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Patent protectionism

17 Dec 2010

The chief of the Pennsylvania Lottery voiced a decidedly protectionist protest this week against efforts by Nevada Senator Harry Reid to pass federal law legalising online gambling.

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Washington ban has a wider impact

17 Dec 2010

Media in Seattle picked up on a Part Time Poker story this week regarding the extension of the tough Washington State ban on internet poker beyond the state’s borders, thanks to geo-locating technology.

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German states to keep lottery monopoly

17 Dec 2010

Online gambling companies and the European Commission have been wrestling with the 16 states of Germany for years in attempts to liberalise the nation’s market in line with more progressive countries in Europe.  The problem is that the states, all signatories to a treaty keeping competition out, have no intention of relinquishing their lucrative monopoly …

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Isle of Man e-gaming summit a success

17 Dec 2010

Executives from some of the online gambling industry’s most influential and successful companies based on the Isle of Man gathered at an e-gaming summit hosted by top international professional business services provider KPMG last month.

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