Archive for October, 2014

European Commission Files Suit against Sweden for Online Gambling Policies
October 17th, 2014 By April Bergman

European Commission Files Suit against Sweden for Online Gambling Policies

The European Commission filed legal action against Sweden this past week for breaches of European Union law concerning the free movement of services asit applies to online gambling. According to the commission’s filing, Sweden has disobeyed EU online betting and poker site laws. At present, Sweden restricts its gaming licenses to domestic and state-owned operators. […]

Jai Alai Is Touted As the Fastest Growing Sports Betting Opportunity on the Internet
October 14th, 2014 By April Bergman

Jai Alai Is Touted As the Fastest Growing Sports Betting Opportunity on the Internet

Online sports gambling focuses on many sporting event, but most readers won’t know that jai alai is the fastest-growing sports industry in the league. While the sports of jai alai is not a major force just yet in the United States, it is a popular spectator sport in Spain and certain Latin America countries. The […]

Liberal Democrats Make Video Terminals a Hot-Button Political Issue in the UK
October 12th, 2014 By April Bergman

Liberal Democrats Make Video Terminals a Hot-Button Political Issue in the UK

In order to distinguish themseles from the Conservatives, the Liberal Democrats are backing policies on high stakes gaming machines set forth by the venerable UK newspaper, the Sunday People. Gamblers can lose up to £100 in 20 seconds when playing fixed odds betting terminals, also known as FOBTs. These gaming machines feature game options like […]

Singapore Passes Remote Gambling Bill Which Is among the Most Comprehensive Anywhere
October 10th, 2014 By April Bergman

Singapore Passes Remote Gambling Bill Which Is among the Most Comprehensive Anywhere

Singapore passed a remote gambling bill this week which is one of the most rigid anti-gambling measures in the world. The Remote Gambling Bill was designed to “maintain law and order, and to minimize the potential harm, especially to the young and vulnerable.” Near-Universal Remote Gaming Ban The Remote Gambling Bill is one of the […]

Rio Negro Horse Poisoning Case Shines Light on Illegal Horse Betting Syndicates
October 8th, 2014 By April Bergman

Rio Negro Horse Poisoning Case Shines Light on Illegal Horse Betting Syndicates

In Venezuela, authorities believe an underworld gambling ring poisoned a top racehorse in advance of a key derby. The poisoning nearly killed the thoroughbred and certainly changed the odds in race with million of dollars in (under the table) betting takes place. The crime has shined a light on the international illegal gambling underworld. It […]

Las Vegas Sportsbooks Having a Lucky Streak in the 1st Month of the 2014 NFL Season
October 5th, 2014 By April Bergman

Las Vegas Sportsbooks Having a Lucky Streak in the 1st Month of the 2014 NFL Season

When asked recently how betting on the football season has gone so far this year, oddsmaker Jimmy Vaccaro said, “It’s been the best I’ve seen for quite a while.“So far this season, NFL and NCAA football gamblers have lost a lot more than they’ve won. That is good news for the Las Vegas casinos–better news […]

Bet365 Collects Considerable Revenue from the Chinese Online Gambling Market
October 3rd, 2014 By April Bergman

Bet365 Collects Considerable Revenue from the Chinese Online Gambling Market

According to a report in The Guardian, Bet365 makes a considerable amount of its revenues in China. Bet365 generated £1.28 billion in revenue in 2013, but the exact source of that income is undocumented. After looking at UK Gambling Commission documents, The Guardian estimates that as much as half of Bet365’s revenue comes from markets […]

Steve Wynn Discusses His Winning Bid in Boston and His Need to Work with the Mayor
October 2nd, 2014 By April Bergman

Steve Wynn Discusses His Winning Bid in Boston and His Need to Work with the Mayor

Steve Wynn recently won a 3-year battle to secure the loan Boston-area casino license. Wynn Resorts won with a $1.6 billion bid for a casino in Everett, while a rival partnership between Mohegan Sun and Suffolk Downs lost with a $1.1 billion plan for the city of Revere. Wynn tried to sound a conciliatory, sympathetic […]

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