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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
 

UPGRADED BREAK DA BANK AND OTHER NEW GAMES IN LATEST MICROGAMING RELEASES

UPGRADED BREAK DA BANK AND OTHER NEW GAMES IN LATEST MICROGAMING RELEASES A turbo-charged sequel; some Celtic culture and International special agents will keep online gamblers busy in April Responding to high player demand for a sequel to the popular video slot Break Da Bank, online gambling software provider Microgaming has developed a souped-up successor titled BREAK DA BANK AGAIN!  The new game features stunning 3D graphics, digital sound effects and a sleekly expensive looking theme that includes lots of lovely lucre, ... Read more
 

TASMANIA TOTE AND BETFAIR TEAM UP

TASMANIA TOTE AND BETFAIR TEAM UP International distribution for TOTE through Betfair client base The online betting exchange and gambling group Betfair furthered its Australian expansion plans this week with an agency deal with the Tasmanian TOTE which will see Betfair distributing the totaliser's betting products internationally. Betfair business director in the region Andrew Thwaits told Australian media reporters: ''We'll be distributing TOTE Tasmania products to our customers worldwide. "What that means is that Betfair customers will be able to bet directly on ... Read more
 

ONLINE PLAYER WINS A MILLIONAIRE'S PRIZE

ONLINE PLAYER WINS A MILLIONAIRE'S PRIZE After qualifying online at PokerStars, Jason Mercier wins a major tourney Online poker player Jason Mercier fought off a stellar international entry field this weekend to win the $1 340 867 first prize in the PokerStars.com European Poker Tour San Remo Championship after qualifying for the tourney in a PokerStars qualifier satellite. The young American player pretty much dominated play from Day 2 of the event, eventually despatching his last heads up opponent, Anthony Lelouche, in under three ... Read more
 

Holland Casino Loses Vote

The upper house of the Dutch Parliament has defeated a bill that would have seen State-owned monopoly Holland Casino open an online casino on a trial basis. According to the Dutch Senate's website, the bill to open the test online casino at HollandCasino.com was narrowly defeated by a vote of 35 to 37 on Tuesday after the lower house approved the bill in 2006. The verdict suggests Dutch legislators are taking a more cautious approach aware of earlier ... Read more
 
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