Eremian is alleged to operate a well established internet sports betting site from Antigua, using a bank account in the United States that was managed by his sister and facilitated the movement of funds to the value of over $7 million.
Global online gaming operator, StanJames.com, announced a major five-year sponsorship agreement with The Jockey Club this week that will result in one of the showpiece events at Cheltenham Festival becoming the Stan James Champion Hurdle.
The Dutch newspaper Telegraaf revved up online gamblers and observers alike this week with a speculative report that a change of government could be bringing about a revision of hitherto monopolistic and negative policies on internet gambling.
Interim results released this week by the UK online and land gambling group Rank plc show that the group’s interactive division has generated revenues double those of the parent group.
Confirmation of rumours that have been circulating for months came this week with the release of a prospectus on Betfair’s flotation of 10 percent of its stock on the London exchange.
After seven years of operations, the e-cash processor ePassporte is closing shop “due to a lack of revenue and circumstances beyond our control.”
Three years on from the draconian Russian decrees that banished gambling to remote areas of the country, regional politicians are still arguing over the location and development of land casinos in the designated areas.
The marketing and management firm which operates online gambling group GR88.com, IAM Corp., has announced the acquisition of the international college and university marketing organisation Lifeofsports.com for an undisclosed amount.
The first draft of a proposed bill to regulate online gambling in Romania has fallen foul of the European Commission, which has issued a detailed opinion expressing reservations about the compatibility of the proposal with European Union law.
Prima Networks Limited, an online poker firm associated with and powered by Microgaming has issued a statement on a new alliance with the Italian company Stravinci targeted on the Italian market, following the launch of the AAMS-certified Italian Poker Network (IPN).
Having developed a social player base of 200 000 people through Facebook and Twitter, the internet social gaming network Yazino.com has launched into the wider market as a stand-alone internet casino site, offering play-for-fun games of blackjack, roulette, Texas Hold’em and slots.
The Bodog brand franchise has followed its announcement of a sponsorship deal with ice hockey team the Edmonton Oilers with an advisory that it has inked an advertising agreement through Bodog.net with the Major League Soccer club LA Galaxy – perhaps best known in Europe for David Beckham’s involvement.
Industry observers are speculating that Tipp24.com’s return to the German lottery brokerage market is rooted in indications that the market may be liberalised in the future following anti-monopolistic rulings by the European Court of Justice recently.
A dispute with a neighbouring mayor has brought forth some interesting facts and figures on the British enclave of Gibraltar, a financial services and online gambling jurisdiction at the entrance to the Mediterranean, and adjacent to Spain.
A dispute with a neighbouring mayor has brought forth some interesting facts and figures on the British enclave of Gibraltar, a financial services and online gambling jurisdiction at the entrance to the Mediterranean, and adjacent to Spain.
The Interactive Media Entertainment and Gaming Association (iMEGA) has announced that it is contesting a motion made by the US Department of Justice that seeks to dismiss iMEGA’s challenge to the Federal law prohibiting the expansion of state-regulated sports betting.
The Macau gambling market continued its seemingly unstoppable rise in September 2010, recording revenues of 15.3 billion patacas (around $1.9 billion) – 39.8 percent up on the corresponding period last year, reports the Macau Gaming Inspection and Coordination Bureau.
The popular UK soccer portal Goal.com has announced that it has signed a partnership agreement with online gambling group Sportingbet.com which will provide users with a “richer, more comprehensive online betting experience.”
The online player community marveled this week at a new development in the long-running saga of the Jackpot Poker progressive jackpot at Casino Club.com.
The New York Times kept the legalisation of online gambling front-and-centre over the weekend with a generally positive article on the current state of play in the United States.
The much anticipated public flotation of ten percent of internet gambling group Betfair will take an important step forward with the issue this week of the prospectus, setting out the number of shares that will be made available and at what price.
The police in Montreal, Quebec have busted a major online sports betting ring, with ten persons pleading guilty this week on charges of illegal bookmaking.
The recent surge in the popularity of UK online gambling reported by the Nielsen monitoring organisation was explained by an executive of the Remote Gambling Association in a media interview this week.
UK online gambling group Sportingbet.com has announced that it is not at present planning to enter the French market, and has accordingly abandoned its b2b plans with French newspapers Le Monde and L’Express. The company has also shut down its small 4 person physical presence in France.