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Welcome to Bet Sages Gambling News Section, featuring the latest breaking
gambling industry news courtesy of InfoPowa News. This is your one stop source for
all and any of the latest developments concerning leisure based wagering
activities on the internet.
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| 12 JANUARY 2007 : HEADLINES |
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Mahjong features in series of agreements with leading organisations
The Taiwan-based Gigamedia group, which took over the Grand Virtual turnkey provider some time ago, has been active in a series of important Asian deals over the past month, starting with a cash-wager Mahjong licensing agreement with the major Gibraltar-based Internet gambling group, Carmen Media.
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Lawyer forbidden by BetonSports to appear
The US government case against besieged betting group BetonSports took a serious turn last Friday when Jeffrey Demerath, an attorney representing the company, did not pitch up at the arraignment hearing where BoS was to face charges under US gambling laws.
The apparent disregard for the authority of the court could open the UK gambling group to criminal sanctions.
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Non appearance for arraignment strongly criticised
Betonsports Plc, the British Internet sports book, should be cited for contempt of court after failing to appear for a scheduled arraignment in St. Louis federal court on January 5, federal prosecutors said this week.
Bloombergs business news reports that the London-based company was indicted last summer for violating U.S. interstate wire gambling laws and racketeering offences. Last week (see previous InfoPowa reports), Jeffrey Demerath, an attorney for the once-publicly traded company, told U.S. District Judge Carol Jackson in St. Louis that his clients had instructed him not to appear to answer the charges.
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With almost 11 000 respondents around the world, university study will be interesting to say the least
After months of work around the world, what is arguably the biggest survey yet of online player attitudes and opinions is due to be presented at the International Casino Exhibition in London at a media conference scheduled for the 23 January.
The Global Online Gambler Report was devised by leading gambling research teams at Nottingham Trent University supported by the University of Nevada (Las Vegas), and features views gleaned from the US, UK, Asia, Canada, Germany and Sweden.
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Zero36 system can bar venues where gambling is illegal
The impact of legality issues on mobile gambling businesses is an area of concern for all operators, and mobile technology firm Zero36, claimed this week that it has a patent pending solution to the problem.
The company, which is understood to operate a mobile casino in the Palace group, powered by Microgaming and Wisebox, has filed a patent for its location-based filtering system technology which enables access to mobile casino games in locations where gambling is legal.
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Turnkey provider has weathered the UIEGA storm well, says respected investment writer
The respected investment writer for the popular Motley Fool site, Tim Hanson gave turnkey provider Cryptologic a gold star this week for weathering American legislative storms successfully.
Three months ago, investors were fleeing CryptoLogic, the author writes. Congress had just passed the "Unlawful Internet Gambling Enforcement Act of 2006" - outlawing Internet gambling financial transactions in the United States.
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22 year old grad student has a $1.5 million boost for his banking
Starting at a chip count disadvantage at a final table of six in the Poker Stars.com Caribbean Adventure this week, a 22 year old math graduate student from New Jersey with plenty of guts and audacity trounced the competition to win the $1.5 million first prize and a World Poker Tour bracelet.
Ryan Daut, and for that matter others at the table started the final game of the tournament well behind another amateur player, Isaac Haxton, who had $9.2 million in chips at his disposal. But the mathematics whizz, who was initially unsure that he could meet the challenge with his own $2.3 million chip count, showed both skill and courage to come out tops.
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AAMS auction had big-gun buyers for Italian betting permits
Interactive Gaming News carried details on the latest awards of Italian betting licenses this week, showing that major global betting groups are keen to enter the newly liberated gambling market.
It is estimated that the Italian sports betting market is currently worth around Euro 2 billion and the horseracing betting market Euro 2.1 billion. The total betting and gaming market is estimated to be worth Euro 28 billion.
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New Irish Poker Champ takes home Euro 114 000
The new Irish Poker Champion is John Clancy, who beat 300 other determined poker players this week in Dublin to take home the Euro 114 000 winner's check, a little down from expectations following a deal late in the deciding game to split the pot among the last three players.
Scott Bryant took second place and Euro 75 000, and the number 3 slot was filled by Ciaran Burke (Euro 55 000)
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Scary edge to latest releases from Canada
Top gambling software developer and turnkey provider Cryptologic, working through its subsidiary Wagerlogic launched sixteen new games offering a variety of gaming styles and themes this week, offering unlimited action, stunning animation and substantial jackpots - but this time with a frightening edge.
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Major Scandinavian site brushes up its bingo
Canadian bingo software developer Parlay Entertainment Inc. and the well established Scandinavian online gambling website Expekt.com have teamed up to provide the latter's more than one million registered players with a choice of bingo games to complement sports betting, poker and casino games that are already available.
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Pinnacle reluctantly pulls the plug....
Online sports betters were taken unpleasantly by surprise this week by the news that after almost eight years of US operations, Pinnacle Sports has fallen victim to the Unlawful Internet Gambling Enforcement Act and has decided to exit the American market.
Splashed across the landing page of the popular sportsbook today (Thursday) was the following message:
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Online gambling executive detained for two hours
The CEO of the Victor Chandler Group, Michael Carlton was briefly detained by officials whilst on a visit to Israel, according to media reports surfacing as we went to press.
Details were sketchy, but it is understood that the officials questioned Carlton for almost two hours before allowing him to go, with the official euphemism that he had been "cooperating with the authorities." Given Carlton's professional position and the fact that the V-C group has been doing very well in Israel in opposition to state-controlled gambling services, it is not too much of a stretch to conclude that the *discussion* centred on Israel's gambling industry.
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Five 3 day, action packed qualifying festivals in store for Brit players
The title certainly has a ring to it: "The Great British Poker Champion," an accolade that will be earned in a series of events that has all the makings of a grand poker spectacle at venues around the British Isles - and it's sponsored by one of the big UK betting groups, Gala Casinos.
Taking the championship on tour is the Great British Poker Tour, with five qualifying festivals that will take place throughout the UK the year, with the first event scheduled for the Gala Maybury Casino in Edinburgh between February 21 and 25.
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Major prizes in this year's Online Poker Series
The high popularity Full Tilt Online Poker Series is to be held again this year...and the already substantial multi-million dollar prizepool is to be further boosted to an impressive $3.6 million, according to a company spokesman.
The new series will commence on February 9 with a prizepool that tops previous series which offered $1 million on the series' first outing, increased last year to $2.5 million. The guaranteed prizepool includes a $1.5 million No-Limit Hold'em main event, with other games featured in the tournaments such as No-Limit Hold'em, H.O.R.S.E, Omaha Hi-Lo and Pot-Limit Hold'em.
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Skill game contests follow the poker model
The U.S. horse racing business, exempt from UIGEA online gaming transaction bans thanks to Senators Frist and Kyl, seemed enthusiastic about a new YouBet Internet gaming-for-reward site launched this week and branded KingContest.com.
The Thoroughbred Times reported on the new site, commenting that it was designed to attract Internet gaming enthusiasts, persuading them to register as contestants who pay to enter skill-based contests and compete to win cash prizes.
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Potential for London case to be a landmark in gambling law
The Times reports that UK poker players will be closely watching developments in a trial that started this week in London under the 1968 Gambling Act.
The accused is Derek Kelly (46) chairman of the Gutshot Private Members' Club in Clerkenwell, Central London, and the charges arise two poker games with allegations of financial charges levied by Kelly as a reward for organising the events.
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Put down a quid, pull out GBP 258 000 on one hand of poker!
Warehouse worker Anne Taylor (48) earns GBP 200 a week at a plant in the Yorkshire industrial city of Leeds, UK but after a stunning poker win at Napoleons Casino in the midlands city this week she may be moving up.
The skilled....and lucky poker player walked away from a game with GBP 258 982 after one hand and 15 minutes, competing for a pot which has built up over three years and was offered to the first player dealt a royal flush.
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Owner charged with laying bets against his own pony
Another Betfair horse racing scandal seemed to be brewing this week as The Scotsman reported on a charges laid against horse owners by the Horse Racing Regulatory Authority in the UK.
Anthony Ramsden and Robert Owen, two non-registered owners, have been charged by the HRA in issues arising from their ownership of a horse called Mickmacmagoole.
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600 information-packed pages on the North American gambling scene from Casino City Press
Michael Corfman's Casino City Press has just released the information packed second annual edition of "Casino City's North American Gaming Almanac and CD."
The Almanac contains almost 600 pages on the North American gaming market, including the 2005 gaming revenue figures for the U.S. and Canada, with market profiles for each state and province, including state-by-state comparisons, property rankings, and nearly 1 000 charts and tables.
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Full year profits should live up to expectations
Releasing a trading update this week, the British betting group William Hill predicted that full-year profits should be in line with expectations.
Shares in the company rose following the announcement and a comment from chief executive David Harding that he was confident about prospects for the current year as the company prepares to step up its overseas expansion.
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But no mention of online sector in latest reports
The former Soviet republic of the Ukraine is considering a regulatory policy for gambling, according to media reports from the area. The reports are not clear on whether such a policy would embrace online gambling, however.
Reports are that the Finance Ministry has decided "...to seriously tackle and regulate the situation on the lottery and gambling market," which appears to be in legal limbo. The report reveals that in the first quarter of this year the Ministry means to submit legislation on lottery and gaming regulation in Ukraine.
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Popular Striking 7s now available for mobile gambling, too
Mobile gamblers using the Slotland Mobile platform will this week have an added game choice as the company rolls out a mobile version of its popular Striking 7s video poker game.
Slotland was an early adapter in mobile gambling, launching its offering in 2005, with a regular games expansion program.
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And you thought Fairground Holdings and Evan Hoff was out of the business....
A report on an Internet news site this week posed an intriguing question: Is Fairground Holdings and its erstwhile CEO Evan Hoff really out of the business?
The report went like this:
Through Zero36 we now have exposure to the rapidly growing mobile-gaming sector, with a partner who is focused exclusively on mobile gaming, said Evan Hoff, Chief Executive of Fairground Gaming Holdings plc, the owner of Spin Palace."
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The world's largest and most spectacular poker championship kicks off June 1st this year
Some welcome tweaks to the 2006 World Series of Poker schedule were apparent when the official program for the 2007 event was released this week by Harrah's Entertainment, along with the anticipated wide selection of games in 55 major events over 7 weeks, and a useful range of buy-ins.
June 1st is the start of this year's extravaganza in Las Vegas, with the $5 000 Mixed Hold 'Em Limit and No Limit event sharing the spotlight with the Casino Employees competition.
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IBM presents its latest consumer initiative
Computer giant IBM is attracting visitors to its exhibit at the International Consumer Electronics Show with a bold consumer initiative entitled "Second Life" - a subscription-based, 3-D fantasy world devoted to capitalism, described as a 21st century version of Monopoly that generates real money for successful players. More than 2.4 million people worldwide have Second Life avatars.
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The tireless Negreanu has another commercial winner
The energetic poker ace Daniel Negreanu has a new product out this week as his first book "Hold'em Wisdom for All Players" appears on bookshop shelves, claiming to present buyers with 50 strategy tips for winning in poker.
Pre-publicity from Cardoza Publishing, which is releasing the strategy guide, promises that Negreanu's wit and poker skill will translate into great reading as well as increased cash and tournament wins for players.
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UltimateBet launches new sponsorship
Fridays on the Web have a new attraction for pokerheads from this week on with the introduction of UltimateBet's latest promotional project, offering a $12 000 seat sponsorship to the World Series of Poker every week as a tournament prize.
The $200+$15 satellites have already commenced, and will run weekly until June 15. Satellites start at 9:30 p.m. and the winner each week gets a $12 000 WSOP prize package that includes the $10 000 buy-in for the Main Event and $2 000 for travel and accommodation.
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He may have sold up to Party Gaming, but this Internet entrepreneur is still investing
Israeli Internet marketing entrepreneur Noam Lanir recently baled out of the online gambling sector by selling his Empire Online group to Party Gaming for almost $38 million, but he clearly still has confidence in the company's future, reports The Times, disclosing that the thirty-something executive is still buying up shares.
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Sportingbet's poker arm offering a Cdn$50 000 prize
Promotional material from Sportingbet's poker arm, Paradise Poker.com this week heralds the launch of a search for the top Canadian poker player, with a main prize of Cdn$50 000.
The action in this first-ever exclusively Canadian poker tournament started this week with daily freerolls at Paradise Poker.com and concludes with an online main event on April 15, 2007.
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Reasons unknown, but high profile turnkey provider will not be in London
One of the most regular and high profile gambling software exhibitors at industry events, RealTime Gaming has cancelled its appearance at London's ICEi show according to show organisers ATE. No reason was given for the withdrawal.
Apparently the company made its decision not to exhibit this week.
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RealTime Gaming pulls out of International Casino Exhibition weeks before opening
Our InfoPowa report earlier today that turnkey provider RealTime Gaming has withdrawn from the International Casino Exhibition in London later this month has been officially confirmed by the organisers, Clarion ATE.
A spokesman for the exhibition said:
"Clarion ATE can confirm that RTG will not be exhibiting at ICEi 2007 but any contractual arrangements between RTG and Clarion ATE will not be disclosed to third parties.
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Two questions on legislating against online behavior: Can we do it? Should we do it?
Web security expert Dan Nadir, vice president of product strategy for ScanSafe Inc. of California had some interesting things to say about the Unlawful Internet Gambling Enforcement Act this week in an interview with GCN. ScanSafe is a Web security firm that monitors 6 billion page requests for its customers each month.
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Zeturf judgement by a French court will not be enforced
A Maltese court of appeal has refused to enforce a judgment by a French court in a case brought by the French horse racing operator Pari Mutuel Urbain (PMU) against the Malta-based online bookmaker Zeturf.
The original judgment by the French tribunal in July 2005, upheld by the Paris court of appeal in January 2006, had ordered Zeturf to cease taking bets on horse races held in France, reports e-Gaming Review.
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Cook to run European operations for Canadian company
Steve Cook, formerly European m.d. for Tribeca Tables prior to its takeover by Playtech late last year, has been appointed to a similar position by the Canadian online bingo software developer Parlay Entertainment.
Steve brings 14 years of gaming experience to Parlay, along with great talent and skills both in sales and in business leadership in the high-tech gaming industry," said Peter Trinz, Senior Vice President at Parlay. "Drawing on his background, Steve will be central to setting up the companys European infrastructure whilst at the same time providing support for sales, marketing, operations and business strategy."
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Compliance with KYC guidelines and underage gambler risk reduced for public company
British identity and geo-location software developer GB Group as signed up Betbrokers for its age and identity verification product, helping the recently AIM London listed betting brokerage to reduce the risk of accepting underage Internet gamblers.
Making the announcement, Betbrokers CEO Wayne Lochner emphasised the necessity for gambling companies such as his to invest in the best identity and age verification technology available. "As the worlds first independent betting brokerage, and a recent entrant to the AIM, its vital that we set a gold standard for bringing on new players," he said.
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Could the aggressive attitude of the state monopolised French gambling industry have something to do with this?
France has been removed as a venue for the European Poker Tour, the organisers announced this week without giving any reasons. Inevitably, speculation was immediate that the change of plan for the poker spectacle was motivated by the truculent attitude of the French gambling industry to any threat to its monpolistic structure.
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Gubernatorial enmity causing Gambling Board tension
Former Nevada governor Kenny Guinn and his successor Jim Gibbons are at loggerheads over appointments to the Nevada Gaming Control Board, reports the Las Vegas Sun this week.
Apparently there is tension between the two following conflicting nominations for important posts on the Board.
The Sun reports that both Guinn and Gibbons were each elected with significant backing from the casino industry, and both understand the critical importance of the state's highly regarded gaming regulatory system.
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Good opportunities from Spanish marketing liberalisation
Ladbrokes has announced that it has entered a joint venture in Spain with that country's leading slot machine company Cirsa Slot.
The British gambling group said the joint venture would soon apply for some of the new five-year betting licences being offered in Madrid, which started opening up its gambling market last month.
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But only for "recreational activity"
A longtime ban on poker playing in the state of South Carolina will soon be under the legislative microscope if state Representative Wallace Scarborough of Charleston has his way.
The state lawmaker wants to revamp South Carolina's gambling laws to legalise in-house poker games, and is busy drafting legislation to permit the games as long as they are done under the heading of "recreational activity."
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89.4 percent of stockholders accept acquisition deal
BSkyB's GBP 96 million acquisition offer for 365 Media has received steadily increasing acceptance from shareholders, with the would-be buyer reporting this week that 89.4 percent of stockholders were now in favour of the deal.
BSkyB offered 68p a share for the company last month (see previous InfoPowa report), amounting to a GBP 96 million cash offer. Initially, only 30 percent of shareholders backed the acquisition. Acceptance of the offer expires on January 19th.
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With the London show only weeks away, exhibitors are previewing their products
The International Casino Exhibition at Earl's Court in London, UK takes place between 23 and 25 January and exhibitors are already enticing industry execs with previews of interesting products.
StreamTech Gaming will be putting casinos in the picture - literally - with what spokesmen describe as a significant breakthrough in land-based remote casino gaming technology as the company unveils its signature Live Gaming Platform. StreamTech claims that its embedded and proprietary streaming IPTV technology delivers crystal clear live video and audio, enabling casino owners to extend the excitement of their gaming tables to the worldwide player, live via the Internet or directly to kiosks in multi-location environments.
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New records by leading online poker tournament sites
With the holiday season over, poker players turned out in force again for the regular weekend online poker tournaments, illustrating once again that the global online poker sector continues to thrive.
Leading site Poker Stars.com generated a massive $1 425 800 prizepool with 7 129 registered players raring to chase after the Sunday Guaranteed Million following the seasonal break. With a first prize projected at just over $200 000, and enough cash in the kitty to put over a thousand entrants on the money list, there was plenty of excitement as the tournament got underway.
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990 players for weekend tournament
The Costa Rican-based betting group Bodog is rapidly carving itself a place in the big Sunday online poker tournaments offered by top Internet poker sites, and this weekend attracted a field of 990 contestants for its $100 000 Guaranteed tournament.
With a buy-in of $100+$9 and a guaranteed prizepool of at least $100 000 the tournament offered a viable alternative to many players looking for Sunday evenind action.
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Following in the master's footsteps
The Pokerstars.com Moneymaker Millionaire poker extravaganza culminated in the final table over the weekend, held at the Atlantis Resort and Casino in the Bahamas, where the Chris Moneymaker legend of an unknown player beating formidable opposition was extended by another unfamiliar player who became a major winner.
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Internet gambling among targets for controversial new legislation
The Turkish newspaper Yeni Safak reported this week that a controversial law, Penal Code Article 301, is to be applied vigorously by Turkish authorities against *Internet crimes* that include online gambling.
The legislation is apparently targeted on "indecent broadcasting and online gambling", and the Information Technology Security Agency will have the task of blocking broadcasts and offending sites as defined by the Turkish Penal Code.
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U.S. dormant account fees....
U.S. players had insult added to injury last week when emails from Party Poker started arriving informing them that the company was charging them a $5 a month dormant account fee.
Given the situation in the United States, where Party Gaming unilaterally and rather hastily withdrew from the market as a result of the Frist legislation that became the Unlawful Internet Gambling Enforcement Act, this seems more than a little unjust.
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Maltese operator in mind for Parbet in deal to increase player liquidity in Scandinavian markets
Turnkey provider Cryptologic branched out to the poker room acquisition business this week, announcing that it has agreed to purchase the Scandinavian poker room Parbet.com for Euro 9 million.
The purchase agreement includes all rights to the Parbet brand name, associated domain names such as Parbet.com, customer lists, databases and players' cash on deposit. Under the agreement, subsidiary WagerLogic will pay Euro 9 million for the brand and assets, and potentially additional amounts up to a maximum amount of Euro 4 million, contingent on improved performance of the assets over a six-month earn-out period.
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347 000 busts involving over a million players
The Chinese publication Xinghua reports that China's police busted a total of 347 000 gambling cases involving more than a million people last year and retrieved 3.56 billion yuan (445 million U.S. dollars) of betting money, according to a Ministry of Public Security statement this week.
Police departments had specially targeted illegal private lotteries, gambling at overseas casinos, online betting and gambling cases involving Party cadres, said an official with the ministry.
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Betting venues were close to police stations, say officials
The New Straits Times reports that four gambling dens were uncovered just 100 metres from a police station during an operation in Sekinchan last weekend.
Barely 48 hours later, a similar operation was discovered....this time just 300 metres away from the Kampung Baru Subang police station.
The Subang premises, masquerading as an Internet cafe, was equipped with 30 computers worth almost RM100 000, installed with gambling software. A team of six men led by Selangor anti-vice, gaming and secret societies deputy chief ASP Nik Roshdi Nik Yahya raided the two-storey corner shophouse at night, but found no-one home other than a Bangladeshi worker, who was arrested.
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Talarius shareholders approve takeover by European Gaming partners Tattersalls and Macquarie Bank
After weeks of wrangling, and an increased offer, the sale of UK betting group Talarius to a partnership of Australian companies Tattersalls and Macquarie Bank has been approved by shareholders.
The British gaming company has accepted an offer of GBP 142.3 million following a revised takeover offer from the joint Australian partners.
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Another 47 permits for betting group's Betshop subsidiary
The latest Leisure and Gaming trading update reveals that the company has acquired an additional 47 Italian gambling licenses through subsidiary Betshop, and reports that the company expects its results for the year ended December 2007 to be in line with expectations.
Company spokesmen said L&G had successfully restructured its operations following the disposal of its US-facing businesses, with Italian-based Betshop driving the groups revenues, and that the company was ...encouraged by the growth opportunities in the Italian market.
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New content and a forum on revamped website
The British poker television channel Pokerzone has launched its new look website, which a spokesman said has taken over six months to redesign, with the goal of inspiring current players, while attracting new users and players into the game.
The site has an original and creative layout and will display new content on an ongoing basis. Other key aspects of the website include a forum for all users inviting them to contact the presenters, join in poker discussions and share tips and suggestions with other poker enthusiasts. The site has an interactive component and has been designed to create a community within the poker world, informing and assisting players to better their game.
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The world's smallest country could be yours.
Reuters reports that "Sealand", a WW2 platform fort in the inhospitable but international waters of the North Sea is up for sale for an undisclosed price.
Owned for the last 40 years by retired army officer Paddy Roy Bates aka "Prince" Roy the structure has 16 spacious rooms and no urban noise problems.
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Year long promotion offers 4 major tournament sponsorship for the last player standing
Another long-running online poker promotion has been launched, put together by 888.com's Pacific Poker.com and Poker News.com.
Titled "Poker For A Year" the twelve month-long online poker league offers over $150 000 in prizes and will culminate with a ten-player Final to be played offline at a secret location - all expenses paid. The winner will be crowned Poker Pro For A Year and will win the "Ultimate Poker Experience" - full sponsorship into four major poker tournaments in 2008.
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Gambling in your scants is just one possibility....
It's always a pleasant change from the norm to come across positive online gambling articles in the media, and one from the Open Press caught our eye this weekend.
Commenting that gambling has been a popular form of entertainment for centuries all over the world, from prestigious palaces to neighborhood joints, the author set out a few of the advantages to playing online as opposed to the traditional brick and mortar venues. Author Michael Green opines that in the US home of the grand gambling capital of the world the online casino is suddenly, and quite unjustly considered the bad boy of gaming, however a closer inspection of the environment and conditions provided by online casinos establishes that the Internet can and does offer a reliable and safe gambling experience if the player chooses his or her venue with care.
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Dates announced for the next EiG
It's one of the key European conferences with an Expo that attracts global visitors every year, and European Interactive Gaming (EIG) is already gearing up for its 2007 season.
The dates have now been announced by the ATE and River City Group Team for this must-attend conference, which will take place October 2nd through 4th, 2007. The good news is that this important event will again be taking place in Barcelona.
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These carpets are really bugging me....
New Zealand News 24 reports that staff at a New Zealand casino are wearing flea collars designed for cats and dogs around their ankles this week.
The unusual apparel is to combat an infestation of the bugs in the carpet, the newspaper The Herald reported at the weekend. Apparently the fleas loved the warmth of the casino's carpet and the heat generated by gaming machines made for ideal breeding grounds.
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