European nations are attempting to regulate internet gambling in the hope of enticing more tax revenues as opposed to any incentives from the European Commission (EC). Countries situated within the EU are still grappling to implement proper legislation that would safeguard their interests pertaining to the internet casino industry. It’s imperative that new casino legislation proposed by countries be approved by the EU first in contrast to others which botched the test.

The lasts victim’s draft law Romania has been vetted by the EC and disappointingly not accepted.  In its initial statement the EC has delineated certain statements within the original proposal and notified the Romanian casino vendor that it’s proposal was in contravention with EU (European Law) law. Topping the list are the requests from other applicants, which are already in possession of licenses from other EU jurisdictions that will be formed in Romania as well as their servers …

Revenues at Sportingbet has increased exponentially by 27% to £207.5m this year, this is mainly ascribed to a highly successful Soccer World Cup performance and the perpetual growth of its in-play offering.

Full-year pre-tax profit has dropped by 67% to £7.1m from £21.9m.  The Group had to pay the US Department of Justice $33M as per their settlement agreement the previous month, leading to activities tied into the Unlawful Internet Gambling Enforcement Act in late 2006.

During the World Cup a whopping £50m had been stacked on the operator’s sportsbook,  according to the latest information the group increased by 65% at a margin of 11.7%, the vendor is extremely satisfied with results yielded to date”.  In-play has grown significantly this year to 61% as opposed to last year’s revenue figure in European sports of 56%.

Jim Wilkinson financial director of Sportingbet in an exclusive interview with egaming review said: “That they …

Regardless of the September European Court of Justice (ECJ) findings in Germany and Austria favour online casino operators. It still doesn’t give most European operators the peace of mind they so desperately need.

Articles 56 and 49 stipulates the Freedom to trade and the freedom of establishment rights of the Treaty on the Functioning of the European Union applicable to gambling, in contrast to this it’s lost its momentum and there is a lot of ill-favoured political undercurrents on the go.

The UK who’s been hailed as a staunch advocate for the free gambling market has indicated the chances are slim that it would introduce a local licensing system that will enable foreign operators to enter the UK market. However, there is still light at the end of the tunnel referring to the German and Austrian cases and the EJC’s assessment that there could not be an inconsistent approach which …

Cities across the US are slowly recuperating from the recession that still grips the US. Regretably it’s not the case in America’s gambling capital and economists describe it as the worst economic stranglehold in Nevada since the start of casinos in the 1940’s.

Although Las Vegas’ city officials are optimistic that gambling revenues will increase again as the nation’s economy recovers, most economists don’t share the same view. Market experts reckon if the city is to “weather the storm” it will have to dig deep and come up with really groundbreaking innovative solutions especially within the construction industry, since it constitutes the backbone of the city and the state as a whole.

In order to move forward certain key issues have to be addressed first such as the current unemployment rate in the state. As it is the unemployment figure in Nevada stands at 14.4 percent and is the highest …

The official release states that “The Bible Online” game is based on scenarios from the Bible.

The Bible Online is the brainchild of a large community, its ideas and suggestions were incorporated into its final release during the beta – THE BIBLE ONLINE.  Players will enjoy the game’s simple interface and depth as well as the thematic background.

The official languages presented in this game are English and German.  The designers of the game are planning to translate the game into various other languages as well, this will be done at no cost at all and the service of the game will be conducted in Europe and Israel.

About The Bible Online:

The First Chapter of The Bible Online: Featuring the Heroes is a MMO browser game depicting elements of RTS and RPG.  The Game will enable players as leaders of their tribes to construct their own villages, resource management …

An internal investigation launched by the Stars and Stripes discovered that an alarmingly “large proportion” of the news media’s Pacific employees are guilty of spending copious amount of time on internet casino and pornographic sites, this has been confirmed by senior management in the organization.

The violation of internet use during the past month escalated to such an extent that Pacific bureau managers had to jump in and monitor their employees’ internet usage closely.

General Manager of Pacific Stars and Stripes John Panasiewicz is not prepared to divulge how many of the Company’s approximately 200 Pacific workers are current suspects of violating the company’s internet usage policy.  It is said that a large proportion of the staff are guilty and this has been a point of concern for Pacific Stars and Stripes.

The amount is higher than I suspected,” Panasiewicz mentioned.

The suspects at this point in time are U.S. …

The most familiar names in the egaming industry have raised more than £270,000 for Great Ormond Street Hospital at its inception raising the Stakes charity poker dinner and auction in London at Les Ambassadeurs Club the previous night.

Richard Glynn Ladbroke’s new chief executive was master of ceremony alongside Pageant Media founder Charlie Kerr and various other major heavy players in the casino industry such as PartyGaming, PKR, Microgaming, OpenBet, Evolution Gaming and Gamesys.  Actress Barbara Windsor and Italian cookery author Antonio Carluccio were among the celebrity guests.

The initiative aims to raise an initial £500,000 for a new high dependency bay in the Hospital’s Cardiac Critical Care Unit which will provide life-saving care for young patients.

The event entailed a champagne reception and a three-course dinner, the auction was held after dinner in the Red Room at Les Ambassadeurs Club which raised funds for charity.  The Auction also included …

It seems like the online gambling industry is going from bad to worse in the United States.

Another major setback has hit the US casino industry yet again. Pokerstars decided not to accept accept cash players from Washington State.   Reason being last week’s Supreme Court verdict upheld its decision to disallow internet gambling.

The company’s first move is to withdraw all its activities from the US market since the implementation of the UIGEA in 2006. PokerStars maintained that they have always operated within the ambit of the law and that its activities in the US are above board in retrospect no state or federal law has specifically outlawed its offering.   This message was sent in an e-mail to Washington State’s citizens and was viewed by Poker News Daily.

PokerStars said: “We have operated legally in Washington based on legal advice we feel that the state could not constitutionally …

An egaming summit will be hosted at the Isle of Man on November 23 by KPMG.  The reason for this event is to bring professionals together in their respective spheres to contemplate the islands potential and its place in the internet casino industry.

The summit would be hosted at the Mount Murray Hotel.  Only key stakeholders and decision makers are invited, discussions would be held on how to properly market the Isle of Man as the “safest destination to play”.

The event would be opened by master of ceremonies Allan Bell MHK who’s the Minister of the Department of Economic Development.  The early morning schedule will see discussions held on issues that can influence the gaming sector as a whole, while placing special emphasis on businesses licenses of internet casino companies operating from the Isle of Man.

The Isle of Man’s Government’s Gambling Supervision Commission and Department of Economic Development …

Although not confirmed as yet, there have been some concerns voiced on internet gambling forums about the possible implementation of a sterner control measure pertaining to electronic payments and transfers.

Current banking and financial organisations are compelled to notify the United States Federal government should any international electronic transfer exceed the amount of $10,000.   The Obama administration is going one step further and has implemented a policy that will clamp down on all foreign electronic funds transfers, from and to the United States.

Citizens in the US are outraged about this new policy and feel it’s an invasion of privacy, the government’s justification of this new policy is to stop terrorist from financing possible attacks on US soil and money laundering.  This is one of the main reasons why the Bush government enforced the UIGEA in 2006 attached to the Safe Port Bill.

The question everybody is asking now, how will this …