An increasing number of Danes are dropping the national gaming monopoly Danske Spil in favour of net-based betting, gaming and poker. As a result, the government is proposing a liberalisation of the Danish gaming rules to give foreign bookmakers access to compete with Danske Spil, according to a release from the Tax Ministry. The national…
U.S. Rep. Jim McDermott say a tax on online gambling could generate $8 billion to $42 billion in revenue in its first 10 years. The figures come from an analysis prepared by Pricewaterhouse-Coopers that McDermott provided to all members of Congress. The Seattle Democrat introduced the Internet Gambling Regulation and Tax Enforcement Act. McDermott says…
Jockey Kent Desormeaux, who finished second twice before at the Belmont Stakes, wins the 2009 Belmont Stakes riding Summer Bird. The other bird, Mine That Bird, hung back for most of the race and then made an early move – maybe a bit too early – to push for the lead but ended up taking…
The current gambling trade dispute over whether internet gambling should be banned or regulated between the U.S. and Europe has been commented on by the British government. The dispute has been ongoing since Antiguas World Trade Organisation win over America earlier this year, which opened the opportunity for Europe to demand trade concessions on an…
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After six months of negotiations, WagerLogic Limited and Marvel Entertainment has finally reached an agreement as announced by CryptoLogic Limited. WagerLogic Limited is a subsidiary of Cryptologic, currently one of the biggest names in the game development industry. How the dispute started The disputes started after questions on whether WagerLogic has the exclusive right to…
