Following the closure of the New York City Off-Track Betting (NYCOTB) Corporation, an emergency measure was approved by the New York State Racing and Wagering Board to allow advanced deposit wagering accounts to be processed over the internet. The move is said to have been instituted to “safeguard the integrity of the pari-mutuel wagering system”.
The European Commission launched a formal investigation Tuesday into whether Denmark’s proposed low tax regime for online gambling sites gives internet operators an unfair advantage over bricks and mortar casinos, reports the Dow Jones news agency.
Skill and casino games software developer, GameAccount Network, announced that it is making its proprietary Internet Gaming System (IGS) available to third party content developers ahead of the Italian Government’s decree to regulate cash play casino and slots in 2011, a market that analysts estimated at up to Euro 20 billion annually.
Online gambling group Betfair has unveiled half-year results to the end of October 2010 showing an upward trend in key performance indicators.
Media reporting from the state of New Jersey late Monday confirmed that Senator Ray Lesniak’s S490 proposal to legalise online gambling has been temporarily delayed by late tweaks to its financial provisions.
Australian broadcaster ABC’s current affairs program The World Today tackled the contentious subject of the Australian government’s ban on internet gambling this week, revealing that that there has been little enforcement and highlighting government’s refusal to accept the recommendation of the Productivity Commission that the pastime be legalised and regulated.
Sports betting firm Centrebet has extended its relationship with the Australian NRL’s Manly Sea Eagles. The AUD$ 1 million sponsorship deal will see Centrebet’s logo on the back of the maroon and white jersey of the Manly Sea Eagles for the next two seasons, with an option for a third year.
The growing competitiveness in the Live Dealer sector was again highlighted this week when newly-formed, Alderney-licenced Live Casino software company, Entwine, who claim to have over 33 licensees, announced the launch of its 2nd Live Dealer studio setting.
Server-based gaming firm, Inspired Gaming Group (Inspired), recently acquired and refinanced by private equity firm Vitruvian Partners, announced the appointment of Mark Irvine as Managing Director of its newly-formed online division.
GameAccount Network, a skill and casino games specialist, has announced the opening of its proprietary Internet Gaming System (“IGS”) to third party content developers. The move comes ahead of the Italian government’s anticipated decree to regulate cash play casino and slots in 2011, a market analysts estimate at up to Euro 20 billion annually.
Unconfirmed reports surfacing in the New Jersey media suggest that Senator Ray Lesniak’s bid to take his internet gambling legislation to the Assembly floor Monday could have been temporarily delayed, although political observers appeared to remain confident that the measure will ultimately pass.
The need for additional revenues flowing from legalised intrastate online gambling in New Jersey has again been highlighted by a continuing decline in Atlantic City land casino revenues.
he continued progress of Senator Ray Lesniak’s bill legalising online gambling in the state of New Jersey continues to generate excitement that the industry may be about to witness a major breakthrough…a US legalisation initiative at state level that may be followed by other state governments.
The UK Gambling Commission’s confidential intelligence line designed to allow gamblers, licensed operators and sports people alike to ‘tip-off’ the authorities on questionable gambling practices has apparently been effective during its first quarter of operation.
It appears from reports in the Australian press that relationships between online betting exchange Betfair and Racing New South Wales have declined, with the racing body taking umbrage at comments allegedly made by Betfair’s Australian chief, Andrew Twaits, following litigation earlier this year.
The European Gaming and Betting Association (EGBA), a major trade association for leading internet gambling groups in Europe, notes that EU ministers have acknowledged for the first time that a purely national approach is insufficient to deal with online gambling. A spokesman for the association opines that the this paves the way for increased cooperation …
The latest (October) performance statistics for land casinos in Nevada, released Thursday, have given the industry cause for cautious optimism according to widespread US media reports.
Senator Ray Lesniak’s bill proposing the intrastate legalisation of online gambling in New Jersey moves another step forward this week with the news that it was among a dozen bills passed late Thursday by the state House of Assembly’s Regulatory Oversight and Gaming Committee. The bill has already survived several committees and a Senate vote.
The legislative scene on internet gambling legalisation in California has been revitalised this week with a fresh attempt by the Morongo Band of Indians and its associates to legalise online poker and now a fresh attempt by Senator Rod Wright, who launched his SB45 proposal late Wednesday.
The British government’s latest attempt to sell off the state-owned Tote came in for criticism by the chief executive of the UK Jockey Club, Simon Bazalgette, this week.
Online gambling content provider Mirada Gaming is trading again, having had its October AIM suspension lifted. The suspension was imposed after the company delayed the release of its annual results due to audit glitches .
The European Gaming and Betting Association (EGBA) has filed a complaint with the Council of State in France asking for clarification of the nation’s sports ownership right.
According to reports in the Moscow News this week, Russian online gamblers can expect bad news in the near future as the politicians draft new laws banning online gambling, with provisions for punitive measures against anyone caught indulging in the pastime.
Heavy snow, freezing temperatures and disrupted road and rail commuter traffic have all been features of the early and unexpectedly bitter UK winter his year, with many seeking entertainment at home in preference to venturing out into the inclement weather.