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EVEREST'S DREAM TEAM SELECTED

EVEREST'S DREAM TEAM SELECTED Online poker site will sponsor each player with a $100 000 packageUp-and-coming Everest Poker.com has selected ten top players for its "Live the Dream" sponsorship package following two days of interviews, hundreds of poker hands and hours of deliberation by an expert panel of poker celebrities at the Palais Auersperg in Vienna. The final list of players will represent Everest Poker at all the major events in world poker for the next year, and will be ... Read more
 

GOOD PROSPECTS IN FRANCE?

  GOOD PROSPECTS IN FRANCE?Media reports that a breakthrough may be possible for online gamblingCould the French monopolistic approach to gambling be on the verge of positive change? The French press seemed to think so this week in reporting that the Sarkozy administration plans to liberalise the French online gambling scene by implementing a more open and competitive regulatory regime.France has already been in detailed talks with European Commission officials about its protectionist policies (see previous InfoPowa reports), and has ... Read more
 

DUTCH GET POKER CHANNEL

DUTCH GET POKER CHANNEL 500 000 additional subscribers from the NetherlandsGood news for Dutch poker fans is that the Poker Channel has launched the sole dedicated poker channel in the Netherlands using the UPC digital platform and on KPN. UPC expects to acquire some half a million additional subscribers through the partnership and the growing popularity of the Poker Channel, which has expanded into 12 major European markets in as many months (see previous InfoPowa report). Most recent launches include ... Read more
 

Online Gaming News Weekly Review

UIGEA - A BURDEN WITHOUT BENEFIT Competitive Enterprise Institute critical of attempt to use financial institutions to cripple online gamblingThe Competitive Enterprise Institute in the United States has come out strongly against the use of financial institutions to cripple online gambling in the United States following a study of the Unlawful Internet Gambling Enforcement Act.  The act remains mired in a lack of clear regulations following widespread criticism of its impractcality.Following a study of the implications of requiring the US ... Read more
 

NON-COMPLIANT EU NATIONS COULD BE HEADED TO ECJ

  NON-COMPLIANT EU NATIONS COULD BE HEADED TO ECJEU's compliance commissioner sounds a warning noteThe European Union's no-nonsense compliance commissioner, Charlie McCreevy sounded a warning note at a European Policy Centre meeting in Brussels this week, asserting that it is "inevitable" that some of the cases his staff is currently working on in connection with EU member states and their gambling laws will go to the European Court of Justice."We have a lot of countries where we are at various ... Read more
 

CASINO ACTION LATEST - LIQUIDATOR'S WEBSITE

  CASINO ACTION LATEST - LIQUIDATOR'S WEBSITEPoker players now have a destination for their claims in Tusk debaclePlayers at Casino Action poker websites, which were not taken over in the rescue operation by Casino Rewards (see previous InfoPowa reports) now have an online venue where claims against the Tusk Corporation which owned Casino Action can be lodged.Tusk has gone into liquidation, with the Brisbane based liquidator Sims Partners overseeing the process according to an update press release from Microgaming this ... Read more
 

GTECH ACQUIRES MAJORITY HOLDING IN ST MINVER PARENT

GTECH ACQUIRES MAJORITY HOLDING IN ST MINVER PARENT Euro 28 million paid for successful white label company in show of confidence in the industryGTECH Corporation, a subsidiary of Lottomatica S.p.A. has agreed to acquire 90 percent of Gibraltar-based St Enodoc Holdings Limited and its subsidiaries, including St Minver Limited, a highly successful provider of end-to-end white label gaming services. GTECH will pay Euro 28 million for the 90 percent equity stake on a cash and debt free basis at closing, ... Read more
 

UIGEA LAW TOO AMBIGUOUS TO WORK SAY HEARING WITNESSES

  UIGEA LAW TOO AMBIGUOUS TO WORK SAY HEARING WITNESSESWidespread media coverage for Congressional hearings on Washington's problem lawThe US and international media gave extensive coverage to April 2nd's Congressional hearings on the hopelessly bogged down Unlawful Internet Gambling Enforcement Act regulations, with the consensus across a wide cross section of witnesses appearing to be that the law was just too ambiguous to work, and could have a serious adverse impact on e-commerce.In opening the discussions, “Proposed UIGEA Regulations: Burden ... Read more
 

POKER IS MORE SKILL THAN LUCK SAYS ACADEMIC STUDY

POKER IS MORE SKILL THAN LUCK SAYS ACADEMIC STUDY Doctoral research provides empirical proof that skill is the main deciderThe skill vs. luck debate regarding the game of poker was revived again this week by a report in Science Daily detailing the results of studies at the Case Western Reserve University in Cleveland which apparently showed that skill is the deciding difference when it comes to winning. Michael DeDonno, a doctoral student at the university carried out two poker-related studies ... Read more
 

AUSSIE STATE WILL WORK WITH BETFAIR

AUSSIE STATE WILL WORK WITH BETFAIR NSW approach in stark contrast to confrontational attitude taken by Western AustraliaContrasting attitudes toward the betting exchange concept pioneered by Betfair and expanding rapidly in Australia were showcased this week when the New South Wales government welcomed the opportunity to work with the company instead of litigating against it as was the case with Western Australia.The WA government lost their case last week (see previous InfoPowa report) and now the authorities in New South ... Read more
 
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