Ladbrokes has acquired their Scandinavian online gambling partner SponsioLtd. in a deal potentially worth £40 million. Sponsio is an online gamblingcompany with a presence in Sweden, Norway, Denmark and Finland and willplace Ladbrokes in a strong position within the Nordic region. Ladbrokes,who signed a partnership deal with the company back in 2001, have paid £36million […]
Monthly Archives: January 2007
Furthering their investigation into the online gaming industry, the USDepartment of Justice (DOJ) has demanded evidence from companies in Londonthat have had dealings with online gambling companies. Among those caught upin the inquiry include HSBC, JP Morgan, Investec and Deutsche Bank. It hasalso been revealed that subpoenas were sent out to at least 16 banks […]
Survey of UK consumers finds broad public support and little opposition togovernment plans to license and regulate online gambling as part of newCasino Act.Results show consumers find licensing and regulation of gambling sites arekey in inspiring consumer confidence and trust. 22nd January 2007 –Controversial government plans to license and regulate online gambling havestrong public support […]
Over the years attempts to legalize casino gambling has repeatedly beenblocked in the Texas Legislature, so casinos across the border have welcomedTexas gamblers. Gambling interests are making a renewed push for casinos andthey’re betting on the 2007 Texas legislature to make it happen. Take ashort drive up to Durant, Oklahoma and you’ll find that an […]
The Justice Department has issued subpoenas to at least four Wall Streetinvestment banks as part of a widening investigation into themultibillion-dollar online gambling industry, according to people briefed onthe investigation. The subpoenas were issued to firms that had underwrittenthe initial public offerings of some of the most popular online gamblingsites that operate abroad. The banks […]
A SHAKE-UP of gambling laws could increase problem gambling, the governmentminister in charge of the issue has conceded. The Gambling Act, which waspassed last year, relaxes some restrictions on the industry. For the firsttime, Las Vegas-style `supercasinos’ will be allowed in Britain. A decisionon the site of the first is due in the next week. […]
TWO FORMER NETELLER executives who were just passing through the UnitedStates on a flight transfer have been arrested by the FBI.Stephen Lawrence and John Lefebvre, who are British and have not broken anyUK law, were arrested in connection with what the FBI claims was launderingbillions of dollars of Internet gambling proceeds. According toCardplayer.com, NETELLER allows […]
Lord Faulkner of Worcester has asked Her Majesty’s Government: Whatdiscussions they have had with the Gambling Commission about requiringbetting organisations to conclude information-sharing agreements with sportsgoverning bodies as a licence condition for accepting bets on those sports.Lord Davies of Oldham: My Lords, discussions have taken place over a rangeof issues relating to sports and the […]
Private companies seeking to operate the Hoosier Lottery couldn’t rely onexpanded gambling to increase profits under a bill filed yesterday. Thatmight dampen enthusiasm among companies interested in Gov. Mitch Daniels’plan to lease the lottery to a private operator and use the proceeds tocreate scholarships and boost spending on higher education, one gamblingconsultant said. A ban […]
Casino gambling legislation is a means by which criminal elements in Guyanacan conceal their various activities including extra-judicial killings and anumber of other illegal activities. PNCR-IG Leader and Opposition LeaderRobert Corbin levelled this charge when he addressed persons gathered atParliament Buildings yesterday following a protest march co-sponsored by hisparty. He told persons there that casino […]
Though payment processor Neteller PLC is the latest and largest such companyto pull out of the lucrative but illegal U.S. online gambling market,industry observers said other e-wallet sites would come forward to take itsplace. The arrest of its founders Monday on U.S. soil on money launderingcharges and the company’s delicate position as a publicly traded […]
Back in the early 1960s, no states ran lotteries, only one — Nevada —allowed casinos and Indian tribes had yet to discover bingo or glitzy casinohalls. Today, 42 states operate lotteries, 37 have commercial, Indian orracetrack casinos and only two — Utah and Hawaii — don’t allow any form ofgambling. The gaming industry is a […]
Neteller was by far the most popular online gambling payment method, butthere are many excellent online payment methods now that Neteller hasdecided to no longer facilitates gambling transactions…The followingonline gambling payment methods will be accessible from the cashier functionin most online casinos, poker rooms and sports books. They are allalternatives to Neteller for US-based players. […]
After losing a pile of money at an Atlantic City casino in July 2004, afrustrated gambler drove directly to the Casino Control Commissionheadquarters and put his name on a list of people banned from the city’scasinos. It’s a decision he immediately regretted – even more so when helearned that in this case, what happens in […]