Gambling News Archive

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European Commission Sends EE.UU. To The C.j.e.u. For Failure To Comply With Eu Laws On Internet Gambling

Eleven states referred to the European Court of Justice for non-compliance with EU law It's taken some time to for it to act, but on Thursday the European Commission referred eleven EU member states to the European Court of Justice for various and persistent contraventions of EU law, some in cases involving online betting and poker services. The move represents something of a breakthrough because, in the case of Sweden which features prominently on the list, this is the first

By Casinomeister Oct 17, 2014

Former Full Tilt Poker Chief Pleads Guilty

But Bitar's failing health will keep him out of prison The at one time high profile and high riding former chief executive of Full Tilt Poker during its spectacular failure several years ago, Raymond Bitar (41) (see previous InfoPowa reports) pleaded guilty on Monday to contravening US anti-online gambling laws, but will not go to jail due to ill health. Bitar is suffering from severe heart failure, reports the Reuters news agency, quoting Assistant U.S. Attorney Arlo Devlin-Brown at a

By Casinomeister Oct 17, 2014

Gamcrowd's First Online Gambling Startups Launched

Betify and Fenway Games pitching for investment from multiple backers in return for equity The online crowd-funding website GamCrowd.com has launched the first start-ups, Betify and Fenway Games, on its equity platform. Betify is a mobile app that allows users to set or receive challenges from their friends and win rewards, such as tech products and vouchers or trips and experiences, if their challenge becomes popular in the community. The network can be exploited by businesses wanting to target new

By Casinomeister Oct 17, 2014

Gibraltar Betting And Gaming Comments On Lost Court Case

Calls for EU framework for online gambling regulation Possibly still smarting from its defeat in litigation against Britain's new point-of-consumption online gambling regulatory legislation (see previous InfoPowa reports), the Gibraltar Betting & Gaming Association issued a statement Friday calling for a European Union regulatory framework for online gambling. "We remain concerned the UK regulator will find it difficult to hold companies to account in jurisdictions outside of the EU where it has no legal powers and common legal framework or

By Casinomeister Oct 17, 2014

Imperus To Acquire Social Games Developer

DiWip deal is worth up to $100 million Social networking and gaming company Imperus Technologies Corporation (formerly ISIS Lab) has negotiated the purchase of the entire share capital of the four-year-old Israeli-based social games developer DiWip for a consideration of up to $100 million. The company's management team and staff will be retained as part of the agreement. Founders Mark Kantzuker and Yaniv Gamzo will resign from their director positions once the transaction has been closed, but will continue in

By Casinomeister Oct 17, 2014

Indian Gambling Software Developer Arrested

Police allege that accused sold his betting software to several bookies Police in Pune, India have arrested a 33-year-old man for developing and selling gambling software to bookmakers for use in online gambling. The Indian Times reports that Ekanksh Rajendrakumar Jain has been released on bail by Magistrate S.S. Patel pending his trial. The police were tipped off by a member of the public regarding Jain's illegal activities, and mounted a raid on his residence in which they seized cash,

By Casinomeister Oct 17, 2014

Indian Province Awards Online Gambling Licence

Future Gaming Solutions gets the green light in Sikkim The sparsely populated province of Sikkim - the only Indian provincial government with an online gambling licensing scheme - has issued an online gambling licence to Future Gaming Solutions India Pvt Ltd, allowing the company to offer internet sports betting, online casino, bingo and poker services to Sikkim residents. Formerly a lottery-oriented company, Future Gaming is expected to start operations in this channel, with two more license awards reportedly imminent. Online

By Casinomeister Oct 17, 2014

Industry Awaits Implementation Of Singapore Online Gambling Ban

Proposed restrictions are broad With Singapore's Remote Gambling Act now approved by lawmakers, the industry awaits the implementation of the wide-ranging prohibitions on mobile and online gambling, which are expected to be rigorously enforced. The new law criminalises all remote gambling activity not approved by government, and impacts every sector involved in remote gaming activity, including operators, agents, brokers, service providers, advertising networks, payment processors, financial institutions, ISPs and even players - the only legislation other than that in the

By Casinomeister Oct 17, 2014

Irish Online Gambling Tax Imminent At Last?

After three years of political manoeuvring, it looks as if implementation is about to take place The politicians in Ireland have been haggling over the imposition of an online gambling tax on operators for the past three years, but it appears that implementation is imminent, reports the Irish Examiner newspaper. Irish Finance Minister Michael Noonan says that tax revenue of around Euro 25 million will be garnered by the new tax on online gambling transactions which targets foreign-based bookmakers that

By Casinomeister Oct 17, 2014

Latest Wsop Apac Results

Plenty of action and big name surprises Events 6, 7 and 8 of the World Series of Poker Asia Pacific poker tour wrapped up at the Crown Melborne in Australia this week. The new Event 6: $1,650 buy-in 8-Game Dealer's Choice saw young Australian, Rory Young, beat poker veteran Sam Khouiss in heads-up taking the $42,720 top prize and his first WSOP gold bracelet. "I'm feeling pretty happy right now!" Young said after the win. "I mean, I'm very surprised

By Casinomeister Oct 17, 2014

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