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GAMBLING ADVERTISING TO BE RESTRICTED IN THE UKRAINE

GAMBLING ADVERTISING TO BE RESTRICTED IN THE UKRAINE Proposals open to discussion until July 9 Official notifications on the Ministry of Finance for the Ukraine website this week indicate an imminent clamp down on gambling advertising and casino registration in the Eastern European country. The Ministry has opened for public discussion a proposal to better control gambling in the Ukraine, with a deadline for responses of July 9.  The government proposal defines minimum share capital for the registration of casinos in local currency ... Read more
 

WORLD'S STRICTEST GAMBLING RULES?

WORLD'S STRICTEST GAMBLING RULES? Norway tightens the screws again Norway's Minister of Culture and Churches, Trond Griske has introduced new regulations on gambling machines that will limit how much a player can bet per game, how long they can play and how much they can lose per day or month, making the country's gambling laws some of the strictest on the planet. The government claims it is concerned about increasing reports of compulsive gambling in Norway, and last year completely banned ordinary one-armed ... Read more
 

ONLINE GAMING NEWS WEEKLY REVIEW - 06/13

[B]EU OFFICIALS TO INTERVIEW U.S. POLITICIANS [/B]UIGEA probe moves another step forward European Union officials involved in the probe into the protectionist policies in online gambling of the United States are to interview senior members of the Bush Administration in July. The European Commission had previously sent questionnaires to several House and Senate committees and U.S. agencies (see previous InfoPowa reports) seeking information on the Unlawful Internet Gambling Enforcement Act, which is at the centre of the enquiry and prohibits financial ... Read more
 

FINDING THE LEGAL LOOPHOLE

FINDING THE LOOPHOLE 26 year old entrepreneur claims a way to get around US legal constraints Webpreneur Victor Palmer (26) from College Station, Texas claims he has a business model that enables his Centsports.com website to circumvent US online gambling constraints, and it's interesting enough to have attracted the reportage of Forbes business magazine. Forbes summarises his model as: "Give people money and let them place any bet they'd like. If they win, they get to keep the spoils; if they lose, give ... Read more
 

EUROPEAN POKER TOUR PROGRAM RELEASED BY POKERSTARS

EPT PROGRAM RELEASED BY POKERSTARS French action is back in nine stop schedule The 5th Pokerstars European Poker Tour will this year start in Barcelona in September and end in May 2009 with a Grand Final in Monte Carlo, according to the schedule released by the company this week.  And the good news is that a French stop has been reintroduced to the nine stop program. "The new EPT season includes all the events which have made the past four seasons such a ... Read more
 

REPUBLICAN OR DEMOCRAT - WHICH IS BEST FOR ONLINE GAMBLING?

REPUBLICAN OR DEMOCRAT - WHICH IS BEST FOR ONLINE GAMBLING? Internet gambling companies may get a fairer shake from Obama With Barack Obama now the uncontested presidential candidate for the Democrats, speculation is turning toward whether he would be a better proposition for the online gambling industry in the USA than his opponent, Republican John McCain. The Sports Memo.com website carried an interesting article on the subject this week, considering the track records of both men, and pointing out that McCain has opposed ... Read more
 

EU OFFICIALS TO INTERVIEW U.S. POLITICIANS

EU OFFICIALS TO INTERVIEW U.S. POLITICIANS  UIGEA probe moves another step forward European Union officials involved in the probe into the protectionist policies in online gambling of the United States are to interview senior members of the Bush Administration in July. The European Commission had previously sent questionnaires to several House and Senate committees and U.S. agencies (see previous InfoPowa reports) seeking information on the Unlawful Internet Gambling Enforcement Act, which is at the centre of the enquiry and prohibits financial transactions ... Read more
 

FRAUD RAMPANT ON THE WEB

FRAUD RAMPANT ON THE WEB A million fraud attacks stopped in Q1 of 2008...and that's by just one company! The fraud protection and device reputation authority Iovation reported the startling news this week that it has been instrumental in its customers killing more than a million online fraud attempts in the first half of 2008.   The company has processed more than one billion device reputation queries this year, and reported that in the first quarter of 2008 alone it helped customers block over ... Read more
 

RESPONSIBLE GAMBLING ALERT

RESPONSIBLE GAMBLING ALERT Online operators would do well to watch a developing class action in Canada Online gambling operators could regard a developing class action in Toronto, Canada as a wake-up call when it comes to enforcing responsible gambling provisions.  The class action is against land casinos, but the implications for online operators are clear. Thousands of problem gamblers in the Canadian city have launched a $3.5 billion class action lawsuit, saying they were allowed into land casinos operated by the Ontario provincial government ... Read more
 

MAJOR ONLINE GAMBLING TRIAL STARTS IN CHINA

MAJOR ONLINE GAMBLING TRIAL STARTS IN CHINA Twenty accuseds and over a billion in wagers alleged in Internet gambling ring case The Chinese media are reporting on what is alleged to be the country's biggest online gambling bust this week as the trial of 20 gambling ring employees commences in the Kunming Intermediate People's Court in Yunnan Province. Wagers totalling 8.68 billion yuan (around $1.24 billion) were allegedly taken from a player base of 5 198 by the ring between August 2006 and ... Read more
 
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