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CANADIAN FEDERAL OR PROVINCIAL GOVERNMENTS COULD HAVE SHARED IN KAHNAWAKE SUCCESS

CANADIAN FEDERAL OR PROVINCIAL GOVERNMENTS COULD HAVE SHARED IN KAHNAWAKE SUCCESS Mohawks offered governments a partnership role The Gazette newspaper in Montreal continues to unearth online gambling gems in its ongoing coverage of the Canadian Gaming Summit currently taking place in that city. The latest concerns an offer by the Mohawks to include the Ottawa or Quebec governments in its successful foray into Internet gambling back in 1999. The newspaper reports that former Kahnawake Grand Chief Joe Norton told a standing-room only session ... Read more
 

MOMENTUM GATHERS FOR FIRST EVER 'INTERNATIONAL MINIMUM STANDARDS' ON RESPONSIBLE GAMBLING

 MOMENTUM GATHERS FOR FIRST EVER 'INTERNATIONAL MINIMUM STANDARDS' ON RESPONSIBLE GAMBLING eCOGRA teams with other leading industry bodies in new Code of Conduct  Following its introduction at the European Interactive Gaming Expo in October, the InternationalResponsible Gambling Code of Conduct continues to gather pace as it receives support from key industrybodies such as the European Gaming and Betting Association (EGBA) eCOGRA and the Interactive Gaming Council(IGC) who have contributed to the Code’s development.  Online gambling is a dynamic and innovative sector, enjoyed ... Read more
 

ANTI-UIGEA BILL HAS ALREADY ATTRACTED TEN CO-SPONSORS

ANTI-UIGEA BILL HAS ALREADY ATTRACTED TEN CO-SPONSORS Introduced on April 10, HR 5767 seeks to stop federal officials from implementing any supporting regulations Introduced to the House by Congressmen Barney Frank and Ron Paul only on April 10, a bill seeking to halt the implementation of the notorious Unlawful Internet Gambling Enforcement Act has already attracted 10 co-sponsors, with more thought about to sign up. HR 5767 targets the Treasury Department and U.S. Federal Reserve, enjoining them from continuing work on the regulations ... Read more
 

BETONSPORTS FOUNDER REMAINS IN JAIL

BETONSPORTS FOUNDER REMAINS IN JAIL And almost two years on, ex-CEO Carruthers still awaits trial on federal online gambling related charges David Carruthers, the ex-CEO of BetonSports plc still languishing under house arrest in St. Louis, is not the only one awaiting trial on federal charges related to the operations of the now defunct online gambling group - the founder of the company, Gary Kaplan, remains in custody, too following his arrest and extradition from Dominica some ten months ago. This week, the New York ... Read more
 

YOUNG CANADIAN ADULTS PREFER TECHNOLOGY DRIVEN GAMBLING

YOUNG CANADIAN ADULTS PREFER TECHNOLOGY DRIVEN GAMBLING Under 35 year olds doing more online gambling A report in the Montreal Gazette, based in the closest Canadian city to the Kahnawake First Nation enclave which licences and hosts many online gambling companies, reports that young adult Canadians under age 35 are probably gambling more on technology driven games, whilst older generations are in general gambling less. The newspaper was quoting an expert paper by pollster Allan Gregg, who told the 2008 Canadian Gaming Summit ... Read more
 

NETELLER CONCLUDES CALGARY PROPERTY SALE

NETELLER CONCLUDES CALGARY PROPERTY SALE Revised closing date is end June 2008 The Isle of Man based e-cash processor Neteller plc has signed a revised agreement for the sale of its Calgary property to Leben Investment Corporation. The revision means that closing will now occur end June 2008,  allowing Neteller to receive two further non-refundable stage payments in addition to the non-refundable deposit of CAD$ 1.3 million received to date. NT Services Building Corp. acts for the parent group in the negotiations, signing ... Read more
 

MORE PLAYERS AND GOOD REVENUES FOR BETSSON

MORE PLAYERS AND GOOD REVENUES FOR BETSSON Swedish online gambling company delivers sterling Q1 results With player acquisitions up 20 percent and revenues in Q1 2008 rising 54 percent, it's no wonder that the management at the Swedish Betsson online gambling group are confident for the year ahead.  The company released its Quarter 1 2008 results this week, showcasing revenues of SEK 228.8 million, up 54 percent on the SEK 148 million recorded in the same perios last year. Pre-tax profits rose ... Read more
 

FRENCH TENNIS COMPLAINT DISMISSED

FRENCH TENNIS COMPLAINT DISMISSED Online gambling companies prevail in litigation over FFT attempt to stop betting The European Gaming and Betting Association has welcomed a decision by a Belgian court in Liege against a French Tennis Association complaint which sought to prevent online gambling groups such as Bwin, Ladbrokes and Betfair from taking bets on the Roland Garros French Open and Paris Masters 2008. In three rulings issued this week in cases brought forward by the French Tennis Federation (FFT) in Belgium against EU licensed ... Read more
 

NEW SLOTRIS AT SLOTLAND

NEW SLOTRIS AT SLOTLAND If you like Tetris, this one may appeal to you... Slotland has announced the launch of an intriguing new game this week - a Tetris-like online slot machine that is two games in one, both inspired by the popular game of falling-blocks considered by some to be the best video game ever.  The wheels on Slotland's new Slotris online slot machine spin the familiar multi-coloured cubes and the same squares fall into place on the grid of the ... Read more
 

ANOTHER QUEEN'S AWARD FOR BETFAIR

ANOTHER QUEEN'S AWARD FOR BETFAIR Betting exchange concept recognised as a major and innovative success Online gambling group Betfair has again been recognised by a Queen's Award for Enterprise - the second in its eight year corporate history. Five years ago the company achieved the award in the Innovation category for creating the first successful betting exchange, a new concept that meant a better deal for customers and greater protections within the betting industry.  Since then, Betfair has grown substantially from a company ... Read more
 
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