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

Jackpot.co.uk:

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…)

Donald Trump Fires Casino President

Wednesday, June 20th, 2007

BodogBEAT:

Donald Trump gave himself the ultimate birthday present, firing his chief executive officer James B. Perry.

During his 61st birthday celebration at Trump Taj Mahal Casino Resort on Saturday night, Donald Trump announced that James Perry has been let go from the executive position and will be replaced by the second in charge Mark Juliano. (more…)

Online Gambling: Internet Gambling Initiative Good Only In Theory

Wednesday, June 13th, 2007

EOG.com:

Washington Senator Jim McDermott’s Safe and Sound Internet Gambling Initiative is all the talk of the online gambling industry. McDermott’s idea of taxing deposits for online gambling to generate billions for government coffers is sure to gain attention on Capitol Hill. If passed it would be an incredible victory for the online industry and its customers, but should we be planning a celebration yet? (more…)

Is the Unlawful Internet Gambling Enforcement Act Unconstitutional?

Wednesday, June 6th, 2007

CappersMall:

Is the Unlawful Internet Gambling Enforcement Act Unconstitutional?

The Interactive Media Entertainment and Gaming Association (IMEGA) filed a lawsuit in United States District Court on Tuesday against the United States Attorney’s Office, The Federal Trade Commission, the Federal Reserve and the Unlawful Internet Gambling Enforcement Act (UIGEA). (more…)