Malta Objects Greek Gambling Law
Based on Malta’s objections Brussels decided to postpone the go-ahead and implementation of regulated internet gambling in Greece.
Malta’s government representative made its intentions known to the European Commission with regard to regulated internet gambling: certain aspects of the draft Greek law are unacceptable since they do not value the EU’s core principles of legislation. When Cassaon-casino tried to gain more insight into this matter with regard to Malta’s objections the spokesman refused further comment.
“Greece informed the EU concerning its draft legislation through the union’s Technical Regulations Information System (TRIS) and Malta rendered its opinion and feedback on the draft legislation,” the spokesman told Internet casinos. A representative of the European Commission said that Malta is the only member state to object so far, however, the Commission also informed the Greek authorities about this warning.
“As it stands a few aspects of the draft law does not take into …
Betfair Snatches Bwin Party Executive
Matt Robinson bwin.party’s central marketing director has been made an offer by Betfair he can’t refuse. Robinson’s new position in Betfair will be exchange’s emerging markets director. A position specifically created for the knowledgeable gaming executive.
Robinson, a former employee of PartyGaming, worked for the company for two years. He’ll start his new position effectively in September where he will report to Niall Wass chief commercial officer. In a recent interview, Betfair said that Robinson will spearhead product management, marketing, brand management, sales and various other segments within the company.
Wass had the following to say on Robinson’s appointment: “The role we’ve created for Robinson is indicative of Betfair’s international aspirations. Matt has a pivotal role to play within the commercial function since we aim to expand Betfair into new countries and jurisdictions across the globe.”
Since its flotation on the London stock exchange last November Betfair’s shares dropped by …
EC Green Paper Reaches Deadline
Operators still interested in a uniform and a pragmatic online gambling regulatory system across the European Union were notified the previous week that the closing date for the consultative interval as set forth in the European Commission’s Green Paper will only last another month.
At the European Gambling Policy Conference in Brussels EU politician Jürgen Creutzmann said that Europe-wide control of the internet gambling industry is the only resolution to the present fragmented market: “The market as it is, is in dire straits and the current system does not offer a viable solution,” he said.
A more standardized approach is needed, since the current market does not promote harmony between its Member States and the European Union’s system leads to unnecessary costs, fraud and unlicensed gambling. According to the European Gaming and Betting Association, a trade body that represents most of Europe’s largest gambling sites caused a single industry to fragment …
Microgaming Innovative Casino Games
In its latest press release Microgaming said that it intends to introduce exiting new casino games to all its internet casinos for the month of July.
Microgaming’s new casino games will be innovative offering players something unique. Players will be able to play these new games through the various Microgaming Flash platforms and QuickFire. QuickFire is Microgaming’s latest initiative enabling internet casinos to access a selection of its games without having to lease the entire software package. We’re still in the dark whether or not the games could be played on Microgaming’s Download platform.
Hexaline is one of Microgaming’s latest casino games. According to Microgaming’s press release it’s “an ‘alternative slot’ style game where players must complete a colored chain of bordering hexagons from left to right on the honeycomb grid”. Once payouts are made the winning blocks are replaced with arbitrary new blocks. Players will receive new payouts should …
Washington DC Gaming Proposals
Irvin B. Nathan says the bill is okay and lawful.
This past Wednesday’s hearing the Washington DC Council’s Committee on Finance and Revenue, the DAG (District’s Attorney General) Irvin B.
Nathan stated that legalizing intrastate internet gambling in Washington DC is perfectly legal and in agreement with the state’s federal laws, therefore it remains on track for its launch date on September the 8th. Councillor Brown defended the measure as well, he said: “Perhaps some people have not seen the budget,” adding that additional income would be generated for the District.
Committee chairman Jack Evans had his reservations by including this legalizing measure in a budget bill, he said, “To be honest we were not even aware of its inclusion,” and also added, “The bill was supposed to be included into a supplemental budget in December 2010, devoid of any hearing or prior notice.” Given that the District could be …
Full Tilt Procures Investment
Full Tilt has decided to sell a large percentage of its stake to anonymous European investors just two days after its operating licenses were suspended by the Alderney Gambling Control Commission (AGCC).
Based on the feedback received from the Los Angeles Times the mega poker site concluded a deal with “European-based investors” and the deal “would permit U.S players to recover more than US$150m.”
Internet casinos reported on May the 27th that the indicted operator is seeking the sum of $150m and that they were locked in discussions with various investors outside the financial services sector at the time. The LA Times mentioned that any cash raised would be utilized to resolve the civil suit that has been looming since April over Full Tilt since the indictment of Bitar and co-founder Nelson Burtnick.
Full Tilt recently notified its players via its customer support section that it is negotiating a deal …
Internet Gaming Principles Released By GLI And TST
Gaming Laboratories International (GLI) is the globe’s premier laboratory where casino games are tested. Technical Systems Testing (TST) is one of these GLI Company’s that certifies egaming sites..
GLI and TST recently publicized the world’s very first internet gaming regulatory guidelines-simply termed GLI-19.
President and CEO of GLI James Maida had the following to say, “This heralds an important day in the gaming industry. I can honestly say that GLI-19, GLI and TST have the proper mechanisms in place to guide emerging markets in developing the necessary technical controls and regulations to facilitate their gaming platforms.”
GLI-19 has been used as a yard stick to review all the major internet gambling jurisdictions. The review lasted for more than a year; it entailed detailed consultation with internet gambling regulators, software developers and internet casinos across the globe.
Since GLI and TST are on good terms with all the major players within …
Microgaming Latest Slots Riviera Riches
Microgaming introduced another internet slots titled “Riviera Riches”. This new slot game could be played at the following internet casinos JackpotCity, River Belle and Lucky Nugget.
Riviera Riches has 5 reels, 15 paylines, players can wager a maximum 20 coins per payline. If a maximum bet is placed in the base game the highest jackpot payout is 30,000 coins. Should a player place a bet of $0.50 and hit the top jackpot $15,000 would be paid out.
One thing that comes to mind is the famous French Riviera where the rich and famous spend their holidays. Riviera Riches slot game showcases this wealth across the reels by indicating a well dressed gentleman and lady, the casino, a posh car and then there’s the bourbon to toast an affluent lifestyle! Additional high value card symbols appear on the reels too. The main symbols are the Riviera Riches logo (wild symbol), the …
Neteller Upgrades Website
Neteller the world’s leading eWallet payment solution to egaming sites notified its customers a couple of weeks ago that it’s going to revamp its website. The caption of the message read as follow, “We’re busy upgrading our website to make it more convenient for you to get the most out of your Neteller eWallet, Net+ Prepaid MasterCard and all our other services.
Forming part of this new upgrade, Neteller’s sign-in page has a new look and feel to it.”The message also stated clients will from henceforth be able to sign into their Neteller account much easier than before. The new changes are the suggestions of Neteller users.
Clients proposed that Neteller users must be able to review their customer profile and be able to update their information frequently. Ensuring that all client contact details are updated often enabling Neteller to notify internet casino players about any new Neteller promotions, giveaways …
EGBA Debunks Gambling Myths
The European Gaming and Betting Association (EGBA) as a charitable gambling organization was introduced to the internet gambling world in 2007.
Its primary objective is to create and nurture an environment within Europe’s gambling community where operators can offer quality service to punters from various European countries.
So far EGBA is not very popular with many European governments, reason being many governments intend to monopolize and control internet gambling with an iron fist and EGBA opposes this. Governments postulate that internet gambling is a social vice that must be kept on a very short leash. To counter these viewpoints, EGBA released a “Myth-busting” page that could be perused on its website debunking many of these common myths.
Top of the list against internet gambling is that it exacerbates problem gambling making it easier for persons to place wagers online who can’t afford it. EGBA firstly denied that it made any …