Gambling news - page 938

German sports betting licence delays

16 Nov 2013

The already contentious issue of who gets the miserly 20 online sports betting licenses from the German authorities appears to be going from bad to worse, with the latest reports indicating that those operators waiting impatiently to be given the nod may have even longer to hang about. The issue has been dragging on ever …

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U.S. federal tax structure proposed for online gambling

16 Nov 2013

Remember Rep. Jim McDermott and his Internet Gambling Regulation and Tax Enforcement Act several years ago designed to complement one of Rep. Barney Frank’s many attempts to achieve federal legalisation of online gambling? Frank has retired, but McDermott is still in Congress slugging away with an updated and renamed bill – Internet Gambling Regulation and …

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Payment complications for U.S. online gambling

15 Nov 2013

Just as sanity appeared to have returned to the American online gambling industry with state-by-state legalisation in Delaware, Nevada and New Jersey, complications have arisen from the financial transactions perspective, reports the Bloombergs business news agency. In an article titled “Web Gaming Curbed as PayPal to Bank of America Refuse Bets”, the agency reports that …

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Dutch police arrest 4 for laundering online gambling profits

15 Nov 2013

The National Prosecution Office in Holland announced Thursday the arrest of four men by Dutch police on charges of large-scale money laundering of profits allegedly derived from illegal online gambling operations. The arrested men come from different towns in the Netherlands, although the scope of the police action indicates cross-border activity, with prosecutors claiming to …

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The power of Chinese gambling

15 Nov 2013

Chinese lottery statistics released this week by the Ministry of Finance again illustrate the staggering potential of the Chinese gambling market, reporting sales that reached 251.64 billion yuan (41.29 billion U.S. dollars) in the first 10 months of 2013, up 19.2 percent year on year. The news agency Xinhua reports that during this period, welfare …

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Polish progress on monopolising online gambling

15 Nov 2013

The international online gambling industry will watch with interest the reaction of the European Commission to Poland’s draft gambling law amendments, which were submitted to the Commission this week for comment following several months of consideration and drafting . The controversial proposals put forward by the Polish government amend the 2009 gambling legislation to fully …

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New Jersey internet gambling extension bill progresses

15 Nov 2013

In the New Jersey legislature a bill designed to make Atlantic City an online gambling hub has successfully passed out of the Senate State Government, Wagering, Tourism and Historic Preservation Committee. The measure makes provision for online gambling hardware such as servers to be set up outside the confines of licensed New Jersey land casinos, …

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Austrian gambling law consistency criticised

14 Nov 2013

Advocate General Sharpston of the European Court of Justice has published an opinion critical of Austrian law consistency in the Pfleger case, reconfirming existing case law that national gambling legislation should be consistent and proportionate, and that it is up to the Member State to provide the necessary evidence to this effect. The Pfleger case …

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Brit M.P. wants more relaxed gambling laws

14 Nov 2013

James Duddridge, MP for Rochford and Southend East in the UK, incurred the wrath of anti-gambling action group Campaign for Fairer Gambling this week when he suggested in parliament that land casinos be permitted to offer online gambling services in terms of the new reforms to British gambling laws. The reaction from the anti-gambling lobby …

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Bulgaria lawmakers seeking amendments to gambling law

14 Nov 2013

It appears that the operator criticism of Bulgaria’s punitive online gambling tax regime may have hit home with parliamentarians in the Eastern European nation; the Sofia Globe reports that a bill seeking to amend the country’s gambling law has been introduced to parliament and is sponsored by 11 MPs. The lawmakers want to ensure that …

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Gameaccount going after an IPO

14 Nov 2013

After weeks of industry speculation the UK online gambling software company GameAccount Network has confirmed in a statement that it is to list on London’s Alternative Investment Market (AIM). The company hopes to raise around GBP 15 million in its IPO, scheduled for completion later this (November) month. When we went to press there had …

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Pennsylvania online gambling still on the cards?

14 Nov 2013

Earlier this year several online gambling legalisation initiatives in Pennsylvania – notably one from Representative Tina Davis – were stifled at committee level, but there is still hope that a measure will pass in the new year, according to a report on the information site Online Poker Report. Quoting unidentified sources “close to the process”, …

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New Jersey regulator clarifies online gambling rules

14 Nov 2013

In response to enquiries from operators gearing up for the opening of the New Jersey online gambling market, David Rebuck, the director of the state’s Division of Gaming Enforcement, issued an advisory guideline Wednesday, which can be viewed in its entirety here: http://www.nj.gov/oag/ge/docs/Bulletins/internetmarketingprograms.pdf The subject of bonuses, frequently an area of tension between operators and …

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Megazebra debuts Diamons Slots

13 Nov 2013

European social games developer MegaZebra has launched a new casino-style social offering for Facebook titled “Diamond Slots”. According to Inside Social Games, Diamond Slots is in soft-launch phase on Facebook with a hard launch expected by the end of the year. The game offers a twist on traditional slot games as players work to gain …

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Betfair, Skrill and Aristotle provided transactional waivers for New Jersey

13 Nov 2013

Online betting and gaming operator Betfair is the latest to receive a transactional waiver from the New Jersey Division of Gaming Enforcement in anticipation of the launch of internet gambling on November 26, 2013. Ahead of the launch date, New Jersey will conduct a five-day trial period beginning November 21, 2013 . During this trial, …

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AGCC and LGA sing MOU

13 Nov 2013

An agreement between the Alderney Gaming Control Commission and Malta’s Lotteries and Gaming Authority is the latest in jurisdictional collaboration. The two authorities have reportedly been in discussion for some time and the resultant MoU was driven by the advent of new technology and the changing business world. While the usual exchange of information fall …

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Scientific games executive shuffle

13 Nov 2013

Michael Conforti, who currently serves as Senior Vice President, International Business Development for Scientific Games will transition into the role of President, Asia-Pacific by December 31, 2013 following the retirement of Michael Chambrello, chief executive officer – Asia Pacific Region. Conforti has been closely involved with Scientific Games’ Asia-Pacific business since 2008.

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Bally to take Chilean casino online

13 Nov 2013

Latin American casino operator and leading entertainment network Enjoy S.A. has entered into a partnership with Bally Technologies for the provision of an online platform for its Uruguay-based casino Conrad Punte del Este Resort & Casino. “The global trend shows that online gambling is a fundamental part of the Entertainment category. Moreover, today the Internet …

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Another set of disappointing results from bwin.party

13 Nov 2013

bwin.party Digital Entertainment’s third quarter 2013 report failed to impress Wednesday with the company posting a 21 percent decline in revenue.  The result was attributed to the Greek ISP block to its product, softer margins in sports betting, a decline in the poker market and its move from volume to value strategy. Third quarter 2013 …

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William Hill hire Echo Entertainment CTO

13 Nov 2013

IT industry veteran Rob James will leave his position of chief technology officer at Echo Entertainment to assume the role of director of IT at William Hill. In his new position, James will be involved in reshaping William Hill’s IT services following the company’s expansion in the Australian market with its recent acquisitions of Sportingbet, …

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Lottomatica launch Net Ent games

13 Nov 2013

Net Entertainment has announced the commercial launch into the Italian market of a selection of its online casino games for mobile and PC game titles on Lottomatica. “We are delighted to have gone live with Lottomatica, allowing them to cross-sell our top online casino game titles through Lottomatica.it and Totosi.it channels” said Björn Krantz, Chief …

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Dutch online gambling regulator in talks with advertising firms

13 Nov 2013

The Dutch Kansspelautoriteit (Gaming Authority) is trying a softer approach on preventing unlicensed gambling operators from accessing Dutch residents when legalisation comes into force early in 2014, commencing a program of negotiation with media outlets in the Netherlands in a bid to persuade them to eschew advertising from illegal operators. The regulator has a somewhat …

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Fertitia Interactive confident on New Jersey launch

13 Nov 2013

The third quarter reportage of Station Casinos, parent group of online gambling companies Fertitta Interactive and Ultimate Gaming, emphasises the impending launch of online gambling in New Jersey, assuring investors that Ultimate and its New Jersey partner Trump Taj Mahal Associates LLC are ready to go. The report notes: “Fertitta Interactive’s subsidiary, Ultimate Gaming, continues …

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More casino-style game choice for Facebookers

13 Nov 2013

Facebook slots fans have another social slots destination with the launch of “Slot Machines” from Singapore-headquartered developer I Got Games. The game previously launched on mobile features interactive bonus games, auto-spin, exclusive bonuses for Star members and weekly tournaments. Slot Machines boasts “gorgeous graphics, immersive and exciting game play, and dozens of interactive bonus games …

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