December 1, 2008 (InfoPowa News) -- A long-running Irish civil dispute over shares in a lotto syndicate is currently playing out in the courts, and may serve as a warning to the many informal syndicates that share decisions should be documented and reviewed regularly. The case dates from 2000 and involves a pub syndicate of five…
December 1, 2008 (InfoPowa News) -- Australia's federal government continued to take flak this week in the growing row over its attempts to muzzle the Internet by selective ISP and enforcement actions against sites it deems unacceptable, which include online gambling. ABC television carried an attack on the Rudd government's moves from Green Party leader Bob…
December 1, 2008 (InfoPowa News) -- Paul Leggett, the COO of Tokwiro Enterprises, was busy last week briefing employees on the 60 Minutes television expose of the Absolute Poker and UltimateBet scandals and the online poker industry in general. In a memo to employees, Leggett did not sound optimistic, writing that he had "every reason…
December 1, 2008 (InfoPowa News) -- One of the most frequently rolled out justifications for state gambling monopolies -- that these are good for sports funding -- has been put under the comparative spotlight by a new survey commissioned by the European Gaming and Betting Association and published this week. The study, conducted by independent U.K.…
December 1, 2008 (InfoPowa News) -- The feisty move by Swedish online gambling company Betsson to challenge Swedish monopolistic practice by opening a land betting shop in Stockholm continues to generate headlines. Last week the company announced that it had decided to appeal against the County Administrative Court's ruling regarding the betting shop to the…
December 1, 2008 (InfoPowa News) -- Mangas Capital Gaming, which owns 75 percent of the U.K. online betting firm Betclick, will be half owned by Monaco hotel and land casino group Société des Bains de Mer soon, following a deal involving €100 million in investment that will enable Mangas to make further European online gambling…
December 1, 2008 (InfoPowa News) -- Online gambling group Sportingbet's belt-tightening has started to deliver results, with a brighter first quarter report that shows a pretax profit of £4.9 million, net gaming revenue growth up 28 percent to £38.9 million, and sports betting net gaming revenue growth of 34 percent. Operating profit was up by 45…
December 1, 2008 (InfoPowa News) -- The liberalization of the Spanish gambling market continues to develop, with online gambling licensing and regulation taking center stage in the Castilla y León region this week. During the opening of the Castilla y León Gaming Congress in Coreses, Spain, the Justice and Home Affairs Councillor Alfonso Fernadez Manueco confirmed…
December 1, 2008 (InfoPowa News) -- Rumors last month that the World Poker Tour was about to remove the Borgata Poker Open from its schedule of 2009 events have been confirmed by the company. The Borgata Poker Open was slated to begin at the end of January, but is now no longer on the WPT Season…
December 1, 2008 (InfoPowa News) -- Today is crunch day for the possible introduction of casino gambling on the island of Jamaica. Local radio reports are that the much-debated decision on whether to press ahead with land casino plans as an added tourist attraction will be made at Monday's Cabinet meeting. Finance Minister Audley Shaw has…
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