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MAJOR NEW CANUCK POKER TOURNAMENT

MAJOR NEW CANUCK POKER TOURNAMENT Poker goes coast to coast in the Great White North  A major new big buy-in land poker tournament for Canada is shaping up in the World Poker Tour's just announced Coast to Coast Poker Championship, which will feature high stakes poker action in an East vs. West competition at the River Rock Casino Resort in Richmond, B.C, on May 5-13. The British Columbia Lottery Corporation and WPT organisers anticipate that with Canada's track record for producing top ... Read more
 

NEW BRANDING FOR HARRAH'S

NEW BRANDING FOR HARRAH'S New name will better aid group's expamsion plans internationally One of the most well known brands in the global gambling business will soon take a backseat to a new identity following an announcement this week by Harrah's Entertainment, which says its board of directors has decided to change the casino company's name to Caesars Entertainment Corporation. Harrah's chairman and chief executive Gary Loveman said the change will boost the company's international name recognition and reputation as a luxury brand. The ... Read more
 

GOVERNMENT CREDIT CARDS ABUSED

GOVERNMENT CREDIT CARDS ABUSED Millions of dollars of unauthorised spending by federal employees included Internet gambling action The US Government Accountability Office's latest report discloses some startling cases of government credit card abuse by federal employees, reports Associated Press.  Federal employees charged millions of dollars for Internet gambling and dating, tailor-made suits, lingerie, lavish dinners and other questionable expenses to their government credit cards over a 15-month period, congressional auditors say.  The report examined spending controls across the federal government following reports ... Read more
 

SOUTH AFRICA: ONLINE GAMBLING REGULATION DELAYED AGAIN

SOUTH AFRICA: ONLINE GAMBLING REGULATION DELAYED AGAIN Regulation hangs in the balance as political arguments continue The much-delayed regulation of online gambling in South Africa has been held up once again, this time by a debate over online gambling advertising which must be resolved before amendments to the National Gambling Amendment Bill can go forward in Parliament. The advertising issue is rooted in an amendment to the Bill made by the the National Council of Provinces (NCOP) which included an outright prohibition on ... Read more
 

POKER POPULAR IN GERMANY

POKER POPULAR IN  GERMANY Up to 290 000 poker fans enjoy the game Deutsche Welle reports that the game of poker is enjoying growing popularity in Germany, with between 200 000 and 290 000 Germans regularly playing on the Internet. In 2006, it was estimated that players spent around Euro 1 million gambling online. The publication explains that in Germany, it's only legal to gamble for money in casinos, leaving the booming Internet market in a grey area. If it involves money, online ... Read more
 

GAMBLING'S THE NUMBER 1 CANADIAN ENTERTAINMENT

GAMBLING'S THE NUMBER 1 CANADIAN ENTERTAINMENT Canadian Gaming Association claims gambling is "Canada's largest and most financially significant entertainment industry." Gambling is Canadian's favourite entertainment, according to a report by the Canadian Gaming Association released this week which claims that the pastime is: "Canada's largest and most financially significant entertainment industry."  It accounts for 267 000 full-time jobs and contributes Cdn$15.3-billion a year to the economy. The industry group's latest report is based on 2006 data and reveals that 57 percent of gambling ... Read more
 

U.S. MARKET WITHDRAWAL EXPENSIVE FOR 888.COM

U.S. MARKET WITHDRAWAL EXPENSIVE FOR 888.COM 2007 numbers show a 54 percent drop in profits The cost of voluntarily withdrawing from the US market in the wake of the UIGEA was again illustrated this week when Gibraltar-based Internet gambling group 888.com released its financials for the full year 2007.  The second-largest U.K. online gambling company said profit fell 54 percent in 2007 after the crackdown on financial transactions with online gambling companies forced its exit from the lucrative US market.  Net income dropped to ... Read more
 

ANTIGUA VS. U.S. DISPUTE CONTINUES

ANTIGUA VS. U.S. DISPUTE CONTINUES Antiguans set to reject settlement offer from the US in WTO dispute It may have been offered after the World Trade Organisation deadline (see previous InfoPowa reports), but it appears that the United States has at last proposed a settlement in its protracted WTO dispute with the Antigua and Barbuda government. The Antigua Sun newspaper is currently reporting that the Caribbean island government is soon to make a statement "...that a proposal for the resolution of the trade dispute ... Read more
 

HR 2046 WORRYING ONLINE GAMBLING OPPONENTS

HR 2046 WORRYING ONLINE GAMBLING OPPONENTS Washington DC publication critical of anti-UIGEA hearings and IGREA The growing number of co-sponsors for Congressman Barney Frank's Internet Gambling Regulation and Enforcement Act, together with the recent Congressional hearings that exposed the impracticalities of the Unlawful Internet Gambling and Enforcement Act that it seeks to overturn received coverage in the Washington DC publication "Townhall" this week. In an article written by Paul M. Weyrich of the Free Congress Research and Education Foundation, the publication described gambling ... Read more
 

GIG'S DEAL WITH SPORTINGBET RENEWED

GIG'S DEAL WITH SPORTINGBET RENEWED Fixed monthly fee arrangement to be extended  Interactive Systems Worldwide, Inc. has announced that its wholly-owned subsidiary, Global Interactive Gaming Limited (GIG), has reached an agreement in principle with Sportingbet plc, to extend its fixed monthly fee arrangement for in-game sport betting services rendered.  The original contractual agreement, which specified a revenue share arrangement between the companies, was amended in May 2007 to provide fixed monthly fees to GIG. Although this expired on November 1, 2007, ... Read more
 
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