The U.S Attorney General is kindly reminded of state rights pertaining to internet gambling.

In reply to a note send last week by new partners, Congressmen Harry Reid and Jon Kyl to the United States Attorney General, Eric Holder requested that the Department of Justice (DoJ) refute the efforts by various states to legalize intrastate online gambling.

Holder claims gambling over the Internet breaches federal law. In reply to Holder’s verbal attack on internet gambling New Jersey Sen. Ray Lesniak reminded the Attorney General of the states’ rights by imposing legislation on activities within individual states.

The two politicians’ effort to pave the way for federally approved legislation in future, Sen. Lesniak in his letter insisted that New Jersey “…must not be influenced in any way from exercising its rights under state constitution and as well as federal law.”

He also said that under the 2006 Unlawful Internet Gambling Enforcement …

QuickTender is synonymous with UseMyWallet, an internet payments solutions provider that services the United States market.

Black Friday impact negatively on QuickTender since the Department of Justice (DoJ) indicted Chargestream Ltd., one of the payment processors used by QuickTender. At the time QuickTender notified all its American clients that the cash due them would be paid in euros, in spite of QuickTender assuring its players many wondered if they were going to receive their cash.

Internet casinos is happy to report to our U.S players that QuickTender has made good on its word and started paying out some players. On June 23rd the payment solutions provider notified its clients via e-mail concerning repayments. Players who wager at internet casinos who want to access their funds must wait until the 15th of August.

The good news so far is that players with bank accounts from the UK, U.S and Canada reported …

Renowned problem gambling expert Howard J. Shaffer of Harvard University and his colleague Ryan Martin recently published his latest research paper titled “Disordered Gambling: Etiology, Trajectory and Clinical Considerations” in the Annual Review of Clinical Psychology.

Shaffer’s research indicated that problem gambling has declined somewhat and that internet gambling does exacerbate problem gambling. The Chicago Tribune who interviewed Shaffer reported his study on problem gambling in greater detail.

Land-based gambling has increased significantly over the last three decades. The frequency of problem gambling has dropped from 0.7% to 0.6%. Shaffer told the Chicago Tribune that a large proportion of Americans see gambling as a controllable and enjoyable pastime. He also lambasted the view propagated by anti internet gambling politicians and lobbyists that internet gambling poses a far greater risk of creating problem gamblers. Shaffer said, “People gambling on the internet change from gambling more to less in weeks. We never …

When a new player applies for membership at an egaming site a verification process is required. The reason for this is to ascertain whether the player says who he/she is and where he/she lives.

The verification process is not only in the best interest of the player but also in the best interest of the operator. It’s a mandatory process that needs to be followed by the regulatory authority that issues the license. When player identity is verified it ensures that the player does not apply for a second account at the casino. In some cases it even weeds-out players who try and use stolen credit cards.

PlayerVerify.com employs the latest iron clad security measures that facilitates the interaction between player and internet casino electronically. Mark Dalton a representative of PlayerVerify.com briefly explains how the process works. The verification process entails the following. A player’s credentials such as a driver’s …

An unknown group of investors and the representatives of Full Tilt Poker have been locked in exclusive discussions to sell the world’s second largest internet poker brand. At this point in time the mystery bidders are only interested in buying FTP’s UK and Irish companies and European-facing licenses, an insider told Cassaon-casino.

Only four days remain before the Alderney Gambling Control Commission (AGCC) chairs a public hearing to decide Full Tilt’s fate in London.  The potential transaction had “nothing to do with stateside activities” and that the possible buyers remain in discussions to buy a segment of the besieged brand.

“The purchase includes the family of companies in the UK and Ireland (counting in marketing and technology company Pocket Kings in Dublin) and the Alderney licenses,” the source said. It’s still unclear whether the purchase will include FTP’s French license which was suspended also last month.

Attorneys from the London-based …

Washington DC Council member doubts whether the internet gambling law will profit the district.

Tommy Wells a democrat council member may have a significant impact on the legalization of internet gambling in Washington DC if he decides to revoke it.

On the 19 July he was rather apprehensive and couldn’t understand the way internet gambling has become law even when it formed part of the budget. Wells said he is not against it per se, all he wants to know is how it will benefit the district. He said, “It is not good government. It’s not an open book.” On a more positive note Council Chairman, Kwame Brown took away Wells’ chairmanship of the transportation committee, this reduced his influence significantly.

Jack Evans who is the chairman of the Washington DC council’s finance and revenue committee, said that had a meeting with Wells and that he is against internet gambling …

The Network Services License is a new type of B2B license the Isle of Man internet gambling jurisdiction has decided to implement.

This new level of license available under the present Online Gambling Regulation Act 2001 (OGRA) is offered in recognition of the business-to-business associations that many gambling vendors are using, and it provides Isle of Man-based internet casinos the opportunity to attract potential players from across the globe.

Many experts are of the opinion that this new business model has the potential to attract many businesses into the Isle of Man and to increase its current businesses and to foster sound relationships with companies from around the world.

The price of the new license comes with a hefty price tag and will cost new operators GBP 50,000 per year plus GBP 5,000 for foreign customers. Retained profit duty will be paid at a maximum rate of 1.5 percent.

The Isle …

Apart from poker, Playtech had an overall increase in its revenue stream across all its verticals.

In its recent trading update for the three months ended on the 30th of June the AIM-listed company disclosed the following a recent publication. Year-on year its total revenues increased by 19% (not including France), and 7% overall, to €39.6m, internet casino profits increased by 7% (24% not including France) to €27.3m.

Unfortunately the same could not be said for poker, where the 3 % quarter-on-quarter decline recorded in Q1 an additional 12% quarter-on-quarter loss was recorded recently resulting in a 32% year-on-year drop counting in the French market and 24% without.

When it comes to poker Playtech aims to up the ante after the introduction of new cash games in the Italian market, its iPoker network forged a close-knit working relationship with Ongame by offering cash and tournament poker now that the Communitaria …

The UK government notified the British media that it’s contemplating a secondary licensing system. It targets foreign-based internet casinos that aims to advertise in the British market.

Justine Greening, Economic Secretary to the Treasury had the following to say: “In the best interest of all parties involved I’ll scrutinize the case from all angles when it comes to the implementation of a new tax law that’s not in conflict with John Penrose’s (gambling minister) proposal and taxing internet casinos based on player location as opposed to supplier location”.

In addition she said that an investigation is under way that will take into account the implications of other countries’ rules and that will ensure that UK internet casinos don’t pay double tax.

Based on analysts’ findings this might impact negatively on larger foreign based internet casinos such as William Hill, Ladbrokes and Betfair, since they’ll have to fork out GBP30 million …

The Ontario Lottery and Gaming Corp. announced that a new mechanism is in place that identifies and blocks problem or self-excluded gamblers from further gambling.

The technological innovation takes a photograph of punters in land-based casinos in the province by means of a new facial recognition system that pays special attention to players who have a history of problem gambling.

The moment a punter enters the casino his/her face is automatically scanned by cameras situated at the casino’s lobby. Therefore problem gamblers who willingly requested to be included in the self-exclusion list will be stopped by security personnel from placing bets at the casino.

This new system is now up-and-running at 19 of the province’s 27 casinos. According to Paul Pellizzari who is the director of policy and social responsibility for OLG, it is a comprehensive improvement if one has to compare it to the old method of having security …