Archive for June, 2007

European Union Strikes at France and Sweden over Online-Gambling Access

Friday, June 29th, 2007

Poker News:

The European Union has issued a ‘reasoned decision’ against France and Sweden for those countries’ insistence on maintaining state-run gambling operations that discriminate against privately-owned, Internet-based companies based in other EU countries. Measures such as France’s exclusion of the Unibet-sponsored cycling team under national laws banning foreign gambling run counter to the EU’s free-trade directives, an important component in the EU’s other struggles, such as recent filing of a compensation claim against the United States in the ongoing World Trade Organization dispute with Antigua & Barbuda. (more…)

Israeli Court Rules Against Online Gambling

Tuesday, June 26th, 2007

Online Casino News:

A District Court in Tel Aviv has upheld a lower court ruling stating that companies operating gambling websites targeting Israelis are breaking the law, even if the sites are run and registered abroad. (more…)

Gambling revenue to surge to $144 billion

Thursday, June 21st, 2007

A report released today by PricewaterhouseCoopers LLP estimates that the global gambling industry is set to be worth as much as $144 billion in 2011 following an annual compounded growth rate of 7.2 per cent. (more…)