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Tag Archives: gambling

Gambling Business Earned 10.116 m GEL for Central Budget Between and January-February

Between January and February of 2007, 17 licenses were issued for gamblingbusiness, contributing 10.116 m GEL as a monthly fee to central budget.According to the Finance Ministry, during the reported period, 13 licenseswere issued for refurbishment of gambling rooms out of which 104 000 m GELwent to the central budget. In the same period, 2 […]

UK gambling stocks marked lower in early trade

UK Gambling shares were market down lower in early trade, following the newsof a large seller of PartyGaming stock, alongside a statement from 888 PLCto the effect that its non-executive director and former Chief ExecutiveOfficer, John Anderson, has been asked to attend an interview with theFrench authorities. Ladbrokes, once seen as a potential bidder for […]

More gambling, less revenue

Just as Louis DeNaples received the go-ahead from the state of Pennsylvaniato open a slots casino at Mount Airy Lodge in the Poconos, word comes outthat an Indian tribe has plans to open a huge casino in the Catskills – notfar away – and those plans are moving forward. The St. Regis Mohawk Tribeplans a […]

UK firm to develop legal gambling

A UK-based betting firm has pledged US$60 million to develop footballgambling as a legitimate industry in Viet Nam if the country makes thepractice legal.The National Sports and Physical Culture Committee plans to submit a draftproposal of the agreement with Ladbrokes to Prime Minister Nguyen Tan Dungfor initial approval in March, said Huynh Vinh Ai, vice […]

Green Party Want Online Gambling Site Banned

Attracting wide New Zealand media comment over the weekend was the news thatthe New Zealand Green political party wants a new online gambling site shutdown because it "threatens the viability of the racing industry." GreenParty member of parliament Sue Bradford is at the heart of the row, claimingthat an online gambling site, Race-O New Zealand, […]

Online Gambling To Get A Leg Up In The UK

Chancellor of the Exchequer Gordon Brown will reveal a plan in his budgetnext month to encourage the online gambling industry, according to publishedreports.He will use the 21 March budget to announce that companies could obtain aBritish licence and still remain based overseas in return for a tax —possibly as low as 2 per cent or […]

China Cracks Down on Internet Gambling, Follows US Lead

Communist China will begin "purifying" the cyber environment, taking a leadfrom US legislators and law enforcement officials. They will begin crackingdown severely on internet gambling activity. "The prevalence of onlinegaming has ruined the online environment and harmed young people's growth,which runs against the policy of building a harmonious society," said acircular jointly issued by the […]

Antigua to the Rescue

Although things have appeared bleak lately for Americans who enjoy onlinegambling, something is about to happen next month which may swing thependulum back towards freedom of choice. Laws passed previously bannednon-US companies from operating in the US gaming market. However, Antiguaand Barbuda had built up a significant Internet gambling industry to replacefalling tourist revenue and […]

NRL to take slice of the action by cutting deals with gambling giants

"we get all of the pain and none of the gain" – is about to be redressed,with two major betting agencies set to sign lucrative deals with the NRL.The NRL is on the verge of completing a long-form agreement with Tabcorp,the merged entity of the NSW and Victorian TABs, to become a sponsor, whileBetfair, a […]

U.K. may try to woo online gambling

He will use the March 21 budget to announce that companies could obtain aBritish license and still remain based overseas in return for atax–possibly as low as 2 percent or 3 percent, the Daily Telegraph saidFriday in an unsourced report. Named a Remote Gaming Duty, the new tax wouldenable gambling firms to avoid paying British […]

Table Gambling Bill Leaps Ahead

The city of Wheeling would receive a projected $1 million annually fromtable gambling profits after changes to legislation made by Senate JudiciaryCommittee members Thursday. "Under the House version, Wheeling's share wouldhave been $180,000," explained state Sen. Andy McKenzie, R-Ohio, a member ofthe Senate Judiciary Committee. The table gambling legislation, House Bill2718, passed the Senate Judiciary […]

Intel personnel, mobile group tapped in fight vs illegal gambling

In the midst of bustling political developments, Police Regional Office(PRO) 6 regional director Chief Supt. Wilfredo Dulay Sr. has launched a taskforce that would undertake a more aggressive campaign against the illegalnumbers game "jueteng" and other forms of illegal gambling in WesternVisayas. The Anti-Illegal Gambling Special Operation Task Force (AIGSOTF)will be headed by Dulay himself. […]

Gordon Brown to lure gambling firms to UK

Gordon Brown, Chancellor of the Exchequer, is reportedly set to announceplans in next month's budget to entice offshore gambling firms to beregulated and licenced in the UK in return for a tax. The new tax, whichwill be called the Remote Gaming Duty, would allow gambling companies to belicenced in the UK but still be based […]

UK budget aims to woo online gambling firms: Paper

British finance minister Gordon Brown will reveal a plan in his budget nextmonth to encourage the online gambling industry, the Daily Telegraphreported on Friday.He will use the March 21 budget to announce that companies could obtain aBritish license and still remain based overseas in return for a tax —possibly as low as 2 percent or […]