The Financial Times reports that US States pushing for online gambling legalisation are intent on linking with foreign countries to develop a global market of regulated gambling jurisdictions, on the back of the Nevada Gaming Commission’s award of a licence to Gibraltar-based 888 Holdings last week. “Compacts with foreign countries” are a common thread in …
The accusation that online gambling websites are fertile grounds for money laundering operations is frequently made by anti-internet gambling supporters, politicians and self-interested national regulators trying to justify exclusive regulatory regimes, but European experts this week again refuted the idea. The poker information site Flushdraw reports that according to the publication Gaminglaw.eu the issue was …
The US state of Kentucky, which earned itself international notoriety by trying to seize the global domains of 141 online gambling sites several years ago clearly has a different view of internet wagering when it comes to its state lottery revenues. The local broadcaster WAVE3 reported over the weekend that on Friday the Kentucky Lottery …
The US government is applying money laundering regulations to virtual currencies amid growing concern that new forms of cash bought on the Internet are being used to fund illicit activities, reports the Wall Street Journal. Last Monday the U.S. Treasury’s Financial Crimes Enforcement Network released its first “guidance” on the subject. The Journal says that …
Despite operating in a more liberal and competitive market, the former Danish state gambling monopoly Danske Spil has given a good account of itself in 2012, reporting profit of DK 1.8 billion – a 13.8 percent increase over the previous year. Most of the revenues generated came from the Lotteri Spil side of the business, …
In what is presumably a protective precursor to the country regulating and licensing online gambling to certain operators, the Colombian land gambling regulator Coljuegos has warned “illegal’ online operators to steer clear of the country, and urged locals to report any incidents of internet gambling they encounter. Issuing the warning and dire threats of punitive …
Probably carried along by outrage at the recent online gambling scandal in the state, and the consequent resignation of its lieutenant governor, the Florida House of Representatives has wasted no time in approving a new law which is substantially more specific and restrictive regarding internet cafe ‘sweepstakes’ style online gambling. Barely a week after the …
Cantor Gaming has announced the release of two new games to its Cantor Mobile Casino portfolio this week. “Slottery” and “Mobile Millions” are new casino games made available to patrons of Colusa Casino Resort (“Colusa”) in California. Colusa patrons can play both games on their mobile devices by downloading Cantor Gaming’s Cantor Mobile Casino™ application. …
London-based development studio Revolver Gaming has released “Cash Cow Farm”, a 45-line 5 x 5 reel feature-rich slot game themed on farm life with iconography covering fruit, vegetables and up-tempo livestock. Featuring bonus games Mooo-lah! which is triggered by herding three or more cows for a bonus milking game, and Pigchinko triggered by filling a …
SG Gaming, the recently formed division of Scientific Games Corporation, has extended its land-based relationship with Gala Coral into the online environment. The interactive element will enable the two groups to work towards providing players with multiple ways to access SG Gaming content across a range of channels. SG Gaming’s content will be deployed on …
German-based gambling firm Tipp24 SE intends relocating its registered office from Germany to the United Kingdom as part of its strategic realignment. Subject to approval from Tipp24 SE shareholders, the move will allow the company to develop its international business in the UK and North America from the future base in the UK, where the …
Reuters reports the imminent re-launch of social gaming giant Zynga’s online gaming website within the next week. The launch will allow users to play Zynga games for the first time without having to first sign-in to social network Facebook. The move follows an amendment to the special relationship previously held between Facebook and Zynga since …
William Hill has launched its redesigned flagship race and sportsbook at the Plaza Hotel and Casino in downtown Las Vegas. The state of the art space includes 75 TV screens and 12 display boards amongst other comforts. Officiated by former Las Vegas Mayor Oscar Goodman, the Sportsbook enables punters to sign up for its new …
bwin.party digital entertainment’ s Party Casino.com reports a huge jackpot payout of $7 525 851.86. The lucky punter, a 46-year old amateur poker player was attempting to qualify for the Montreal World Poker Tour event on the website. On a whim he decided to have a quick flutter throwing just $3 at the Melon Madness …
Hopes that the Italian regulator AAMS will permit online betting exchange action in that dedicated market were boosted this week by the news that Italian finance minister Vittorio Grilli has indicated he has no problem with the concept. According to Agipronews, on Thursday minister Grilli signed a ministerial decree regulating P2P or exchange betting, which …
In an interview on the public service broadcaster NJTVonline this week, the chief operating officer of New Jersey’s Atlantic Club land casino, Michael Frawley, talked about the application by Pokerstars parent The Rational Group to buy the troubled Atlantic City operation, giving an insight into the considerable investment that the Isle of Man online poker …
Online gambling group 32Red has agreed to a premature end to its five year sponsorship agreement with the Swansea City football club to allow the club to negotiate with new potential parties interested in further developing its Liberty Stadium. Both parties stressed that the decision to end the sponsorship was mutual and amicable, and in …
Last year the independent odds comparison site Oddschecker, using betting data across all of the prestigious Cheltenham Festival horse races, showed that Gibraltar-based bookmaker Stan James offered the best overall prices across the four days of competition…and now the well-established bookmaker has done it again by becoming Best Raceday Value Bookmaker at the 2013 Cheltenham …
For reasons that are not immediately clear, the chief executive of Italian gaming giant SNAI, Stefano Bortoli and the board of directors has agreed that he depart the company after only 18 months in the hot seat. The agreement, which surfaced in a press release from the company last week, provides for Bortoli to make …
Online gambling operator 32Red has for the third consecutive year posted a positive set of full year results to the end of December 2012. Key highlights for the company included: * Third consecutive year of record revenues * Encouraging start to trading in Italian market * Increased investment in marketing results in 41,918 new casino …
The South West England and Gibraltar member of the European Parliament, Ashley Fox (43), has vaulting ambitions for Gibraltar’s online gambling regulations, which he says could form the basis for a harmonised European regulatory regime – an increasingly urgent need as more nations introduce individual systems. Fox’s proposal could have merit; he points to the …
Our readers may recall the case last year in which the then sportsbook director of Cantor Gaming, Michael Colbert, and others fell afoul of New York enforcement authorities investigating alleged online sports book gambling-related offences that named online sportsbook operator Pinnacle Sports. The charges have yet to be heard in court (due April 17) but …
The Canadian enforcement authorities continued their activities against the Costa Rica-based Platinum Sportsbook this week with a third round of raids and arrests in Canada that saw Michael Kriaris (39) of Toronto and 43-year-old Augustino Valenzisi of Vaughan detained, and warrants issued for the apprehension of three other men. The action Wednesday by the Combined …
The Greek gambling monopoly OPAP, in which the cash-strapped government has a significant interest and intends to privatise, was the subject of a new proposal for the European Commission’s consideration by government’s Gaming Monitoring Committee on Wednesday, according to a report in the online newspaper ekathimerini.com. The reaction of the Commission, as well as that …