Lawmakers and lobbyists were yesterday urging the White House to freeze the implementation of proposed regulations prohibiting online gambling after the banking industry said the rules were ambiguous and unworkable. Barney Frank – the Democratic chairman of the House financial services committee, said he was *deeply disappointed* that the Bush administration was moving forward with so-called […]
Category Archives: News
President-elect Barack Obama and his advisers have established a website at change.gov listing the plans and goals for governing after Obama’s inauguration. Among the ideas featured on the website is a pledge to protect the internet from censorship and government interference. Detailing Obama’s goals and plans, the website says: *A key reason the internet has […]
Judge Richard Kramer from the San Francisco Supreme court declared Yahoo – Google and a number of other sites *immune from liability* when dismissing a lawsuit filed against these sites for displaying advertisements for online gambling. In 2004 – two California residents sued a conglomeration of websites for displaying gaming ads, after one of the plaintiffs allegedly […]
The first National Problem Gambling Clinic to treat gamblers through therapy and financial advice has been opened in Soho in the West End of London. Gamblers will undergo sessions with psychiatrists, psychologists and debt management experts among others. Families will also be offered therapy to cope with the addiction’s impact. (The Clinic will be tested […]
The global gambling industry is now going east and focusing on the Balkan states and Eastern Europe for its further expansion. Especially the Balkan states are increasingly drawing a lot of interest. A market size of Euro 4.5 billion. According to the MECN (Media & Entertainment Consulting Network) survey, about 20%-30% of the operators surveyed […]
President Ma Ying-jeou – has set up a panel for the gambling industry, undertaking the task of collecting and studying related information, so as to speed up the enactment of the legislation for the development of the gambling industry in Taiwan. The panel will contribute to the formation of a solid government policy for the […]
£1,005,000. Jesus M. of Spain received his colossal win at Casino Tropez after playing their exclusive Global Traveler slot machine for just over an hour. The 32 year old from Valdemoro, Madrid was thrilled with his win and, in his recent winner’s interview with Casino Manager Marius Valentin he said that *I was shocked by […]
The White House has, approved a new regulations requiring banks to stop any financial transactions dealing with online gambling. They’ve given banks one year to figure out a way to deal with it – which hopefully gives Obama and the Congress enough time to change the law. The regulations make’s no sense ??? It’s still not […]
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60 Minutes yesterday revealed a large scale cheating scandal that saw more than twenty million dollars unfairly taken from poker players by other poker players. You can watch the whole “60 Minutes” piece HERE The story never goes much into the world of online poker beyond Absolute Poker/Ultimate Bet and the one scandal. When it […]