Industry news
These indictments have recently ended the run of Full Tilt Poker, as well severely hurt other online gambling websites, like Absolute Poker and PokerStars. In the last week of June, the Australian Department of Gaming, Racing and Liquor stated that numerous flaws have been found in Australia’s Interactive Gambling Act. The laws in this act prohibit gambling online with real money. However, it is not necessarily illegal for Australian citizens to enjoy playing on these websites. This creates a big...
The chancellor, George Osborne, will fire the starting gun on the Treasury's new tax grab of offshore gambling profits by making a statement to the House of Commons.The move, squeezed into the House's schedule on Monday, just before the start of the summer recess, follows a statement on the same topic last week by the heritage minister, John Penrose. He announced that every betting company offering wagers to British punters will have to obtain a UK licence – news that...
According to Wells, a provision which was slipped into the budget bill late last year by At-large Councilman Michael Brown, failed to get a full public hearing.Wells will attempt to repeal the controversial provision after the City Council returns from its summer break.While there have been concerns that online gambling will be supported by people who can least afford to play, D.C. Lottery officials claim the intention is to target tourists amateurs. They also believe online gamblers will have above-average...
Right now, Singapore is the darling of Asia’s gambling scene. Two casinos opened in the conservative city-state last year, which are now the thriving centerpieces of a pair of glitzy resorts. Both have delivered bumper profits and will enjoy a protected duopoly until 2017. The success has been so great, that Singapore is likely to steamroll Las Vegas and become the world’s second-largest gambling hub — after fellow Asian casino center Macau — as early as this year. But pursuing...
The document toughens penalties for illegal gambling organization and arrangement, including via the Internet or mobile communications. In addition, the law will help ensure uniformity of law enforcement and judicial practices in combating these types of offenses. The bill will supplement the Criminal Code of the Russian Federation and the Code of the Russian Federation on Administrative Offences with new articles on criminal and administrative responsibility of the perpetrators involved in the illegal gambling business outside of specialized gambling...