Britain's MI5 track activity on gambling websites

Staffers for Britain’s MI5 intelligence agency have formed a new version of Gambler’s Anonymous – assembling a team of spies trained to track Islamic terrorists who are using gambling websites to launder large sums of money that ends up funding al-Qaida groups around the world, according to a report from Joseph Farah’s G2 Bulletin. The…

Online Gambling Economic Benefits

Business World Online reported today that Internet gaming companies saw nice profits in 2008, as the news site used the Philippines as an example of what is taking place in countries friendly to online gambling. According to the article, Pacific Online Systems Corporation, the online lottery operator owned by the Philippines government, posted a forty-eight…

Casino cheater admits to $1M scam

A member of a sophisticated card-cheating ring admitted that he swindled casinos in California and Canada out of some $1 million by bribing card dealers and using card-counting devices, the U.S. attorney’s office said. Tai Khiem Tran, 47, pleaded guilty to conspiring to participate in a racketeering enterprise that was based in San Diego. Prosecutors…

France open up Online Gambling

France will open up online gambling to private competition from next year, the government said on Thursday, bowing to European Commission pressure to end the monopolies enjoyed by state operators but not going far enough to satisfy the industry. Unveiling long-awaited plans for an online gambling bill that will be submitted to the cabinet at…

Taiwan a winner with casino legislation

Taiwan’s lawmakers passed a bill that allowed casinos to be opened for the first time. They reached the sensible conclusion that casinos, if carefully planned, could boost the nation’s tourism industry while delivering substantial economic benefits. The legislation, which completed its first reading in 1997, will allow Taiwan’s offshore islands to build casinos on the…