SEARCH BETSAGE...
32Red Online Casino - Recommended Online Gambling Casino Experience
GAMBLING NEWS : The Latest Online Gambling Industry News Provided By InfoPowa News
Welcome to Bet Sage's Online 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 all aspects of the Online Gambling Industry. InfoPowa News headed up by senior partner Brian Cullingworth are recognised as one of the leading and most respected independent gambling news services in the online gambling industry.
 
23 NOVEMBER 2007 : HEADLINES Add to My Yahoo! Add BetSage Gambling News Headlines to My MSN Add to Google BetSage Gambling News - RSS Feed BetSage Gambling News - News Now  
 

Rakeback violations cited for exclusion move
When online poker provider Playtech recently warned its iPoker network sites against rakeback deals (see previous InfoPowa report) it meant business, it appears. This week the network announced the removal of Maestro Poker "....due to rakeback violations, which are against the iPoker network policy."  more...
   

Oregon Congressman joins the IGREA pro-regulation ranks
HR 2046, the Internet Regulation and Enforcement Bill legislative proposal initiated by Representative Barney Frank which seeks to regulate and license online gambling in the United States has another co-sponsor - the 41st American politician to register his support.

Oregan Representative Earl Blumenauer signed up to support the Bill this week. He has a highly credible career in politics going back to 1972 when he served his first term in the Oregon House of Representatives, and was admitted to the US House of Representatives in 1996.  more...
   

Offer would be like throwing out the baby with the bathwater says Stanleybet boss
Stanleybet International's managing director has nailed his colours to the mast in regard to French offers to partially open up its heavily monopolised gambling market, calling on European Commissioner Charlie McCreevy to reject France's opening gambit of liberalising its pool-betting market while keeping its fixed-odds market closed.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

Social costs of young gamblers currently being considered
Asian media are reporting that the government of the Far Eastern gambling mecca Macau is considering raising the casino entrance and working age from 18 to 21. The motivation for such a change is to ease public criticism of the booming regional industry.

Chief Executive Edmund Ho Hau-wah announced the move this week, saying that it was impossible to let gambling expand infinitely, "....otherwise social costs will mount". Casino workers currently under the age of 21 will not face redundancy if the new rule is imposed, as a three-year grace period is envisaged.  more...
   

Massive potential in legalising online gambling, study finds
A tax revenue analysis conducted by independent accounting firm Price WaterhouseCoopers estimates that the regulation and taxation of Internet gambling could generate between $3.1 billion to $15.2 billion in federal revenues over its first five years, and between $8.7 billion to $42.8 billion over its first ten years.  more...
   

Agency did not consult with Congress over withdrawal of WTO obligations
Eight Washington lawmakers, including the influential chairmen of two important committees have criticised the US Trade Representative at the World Trade Organisation over the handling of the online gambling dispute, pointing out that the unilateral withdrawal of GAT obligations which was a consequence of losing the WTO argument over Internet gambling with Antigua could cost the United States billions of dollars in compensation.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

European Union trade commissioner reports back
After his whirlwind visit to Washington last week to press claims against the United States over its withdrawal of World Trade Organisation online gambling obligations (see previous InfoPowa reports) EU Trade Commisioner Peter Mandelson was back in Brussels and reporting back to the European Parliament yesterday (Tuesday).  more...
   

G2E showcases a new generation of slot themes
The thousands of delegates attending this year's Global Gaming Expo in Las Vegas have been treated to a new generation of slot machine themes, with at least one unusual subject.

Among the brand new slots on display are movie and television themed Sopranos, Star Wars and Indiana Jones. James Gandolfini, who portrayed Tony Soprano in the HBO show, was there to cut the ceremonial tape and unveil the brand new game themed on his award winning mobster show.  more...
   

Britain's new anti-smoking and gambling regulations blamed
More UK bingo fans could find their way online as land bingo sites feel the pressure of new anti-smoking and gambling regulations.

This week the major London-listed bingo company Top Ten Bingo posted a slump in pre-tax profits of GBP 465 000, from GBP 846 000 in the same period last year to GBP 381 000 for the six months to September 30. The land bingo operator is the third largest in the UK with 38 bingo clubs and cited the smoking ban and the UK's new gambling legislation tax regime as factors, warning that 'difficult' market conditions would persist through the second half.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

State monopoly's charity donation impacts bottom line
The Greek government's state gambling monopoly OPAP showed its charitable side this year with a donation of Euro 25 million to victims of the wild fires that ravaged the countryside this summer.

The donation is revealed in the company's latest third quarter results which reported a 12 percent fall net profits to Euro 112.1 million, which it attributed to the one-off donation to victims of the recent wild fires.  more...
   

Licensing jurisdiction issues progress report
The Kahnawake Gaming Commission, which licenses Absolute Poker.com has issued a progress report on its investigations into the hole card cheating debacle at the online poker site (see previous InfoPowa bulletins), indicating that a report could be presented to the Commission by December 7.

Under the heading: "Absolute Poker active and ongoing investigation" the Commission revealed this week that Gaming Associates, a test and audit firm brought in for the investigation is currently finalising its report.  more...
   

Profit and players up, but investors didn't like the net loss number
Vienna-listed online gambling group Bwin turned in its third quarter results last week, showing a core profit and resurgent growth in players, but the stock dropped 15 percent on a net loss number that possibly worried investors, reports Reuters.

Trading in the stock went as low as Euro 22.12 making it one of the top losers on Austria's ATX index.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

Gibraltar-based gambling firm to present 4 days of action in British Columbia
The Gibraltar-based online gambling group Mansion has announced that it is the presenting sponsor for the 3rd Annual B.C. Poker Championships, to be held at the River Rock Casino Resort in British Columbia, between November 18 and 25, 2007.

The company's logo will be prominently displayed on the Main Event Final Table felt during the B.C. Poker Championships, which will be filmed and post-edited into an action-packed two-hour highlights package.  more...
   

New Jersey man admits to promoting gambling
An online sports betting sting operation had a sequel this week when William Motto (52) was sentenced to four months in the Camden County Jail as part of a probationary sentence for promoting gambling. He was additionally ordered to pay a $5 000 fine by Superior Court Judge Thomas A. Brown Jr.

Motto admitted in his guilty plea that he had participated in an online gambling site set up by Vincent Filipelli, a Cherry Hill man indicted this month on gambling and weapons charges (see previous InfoPowa report).  more...
   

4371 player sign up, hungry for main event top prize
The sixth edition of the Full Tilt Online Poker Series charged on over the weekend, with the centre of attraction the Main Event, for which the online poker site had guaranteed a $2 million prize pool.

However, the guarantee was overtaken by the large entry field of 4 371 players, each of whom was worth $535 in terms of the buy-in and admin fee. The prize pool just topped $2 185 000, providing a main event winner's prize of $385 937 and change, together with a generous money bubble.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

Total prize pool was well over $9 125 000 guarantees
Full Tilt Poker management will be celebrating another successful series this week following the conclusion of the 15 events and one Main Event that made FTOPS 6 a winner.

The epic generated a total prize pool of $11 168 000, well over the $9.125 million in guarantees which Full Tilt posted, giving the thousands of players who participated plenty of monetary motivation to win.  more...
   

Poker rooms say there is no real-time exposure of hole cards on their sites
Despite the paucity of progress reportage from Absolute Poker on investigations into the tournament cheating scandal that has engulfed the company for the past three months, it continues to be the subject of intense player discussion and media coverage.

After first denying that there was a problem when the player community exposed the cheating, Absolute Poker later admitted that a flaw in its software had enabled a company consultant to view other players' hole cards and win up to $800 000 unfairly. The company's Kahnawake licensing jurisdiction, which has ownership connections to the firm, ordered an investigation into the incident by Gaming Associates, which is ongoing.  more...
   

Full site translation and Spanish Support Centre now available to Latin players
The burgeoning online gambling industry in Spain has attracted the attention of the Golden Star Lounge group, which has announced that its online casino Golden Riviera Casino.com is now available to Spanish players, with a full site translation and a Spanish language Support Centre

Players from Espana will be able to download a full choice of over 200 quality online games powered by Microgaming on the site in their own language.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

Begawin uses three different operational systems
Spanish players are the principal target of a new English-Spanish language site launched by the LGA-licensed company Begawin Malta Limited this week, which uses three different technology providers for its online casino, sportsbook and mobile offering.

Although the new site also features games in English, the company says it plans to focus its marketing activities on the Spanish market.  more...
   

27 percent of online poker players at Svenska Spel could be at risk
Readers will recall a brief pre-publicity report carried by InfoPowa earlier this year on a study by the Swedish National Institute of Public Health carried out on the orders of the Swedish government to assess the social impact of Svenska Spel's venture into online poker.

This week IGN reports the release of more detailed figures from the survey, which involved a significant sample of 16 500 respondents over a one year period, and flagged the danger of 27 percent of online poker players becoming problem gamblers. The figure is in stark contrast to the corresponding statistic for non-poker online players of 2.1 percent.  more...
   

Legislative amendments bring payment processors under gambling laws
It appears from Norwegian media reports on recent legislative activity that Culture and Church minister Trond Griske is pressing ahead with his plans to constrain online gambling in the Scandinavian country by dislocating payment systems to online gambling companies.

Last month, InfoPowa commented on Griske's reported plans to introduce a Norwegian version of the notorious U.S. Unlawful Internet Gambling Enforcement Act (UIGEA) but the minister has apparently chosen instead to amend existing gambling legislation so that payment processors fall within it.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

Online poker pioneer has significant experience
The online gambling group Betfair has appointed online poker industry veteran Bruce Stubbs as Director of Poker with immediate effect.

Stubbs joins Betfair Poker having been part of the online poker phenomenon since its infancy and was previously Marketing Director at Paradise Poker.

His most recent role was as Project Manager on Betfair�s behalf for the World Series of Poker Europe presented by Betfair.com, where he played an key role in the tournament�s success. More recently, he has been involved in behind-the-scenes activity in securing Betfair Poker�s high profile sponsorship of 19 year-old Norwegian poker prodigy Annette Obrestad.  more...
   

Greater liquidity in pooled activity
Major UK online gambling group Sportingbet is combining its existing Backgammon players with the GameAccount Network to take advantage of the critical mass of player liquidity provided by other respected online sportsbook, casino and poker operators.

"This move combines all our Backgammon players in one place. GameAccount offers browser-based Backgammon software with a particular strength in cash games, tournaments and localisation for European markets," says Paul Roberts, group director of products at Sportingbet plc.  more...
   

Review of gambling tax laws could herald a legalised online gambling environment
The Bulgarians could be considering a more pragmatic approach to online gambling following a review into the taxation of gambling generally in the Eastern European nation.

Reporting on the review, the country's major newspaper 'Trud' claimed that hundreds of millions of leva (2 Bulgarian leva = Euro 1) �leak� through online gambling sites. Apparently Bulgarian legislators have been mulling the issue for over a year, considering measures that would regulate and tax betting over the Internet, at the same time allowing the Bulgarian sports totalisator to start new types of [online] games as well as secure its future development through partnerships with private companies.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

Collaborative fraud management gets a boost
The giant UK online and land gambling group William Hill plc has boosted the data collecting capability of anti-fraud database Ethoca by signing up for its networking services.

"Our e-commerce and fraud management system is already one of the best - and it just got better," said Steven Reid, Group Director, Interactive Businesses at William Hill. "By using Ethoca's service we can securely and effectively co-operate with other companies to beat fraud. Collaborating with other companies to fight fraud is right for our business and our customers."  more...
   

University Poker Championships gets into gear in Britain and North America
Life of Sports Inc. launched its successful University Poker Championship in the United Kingdom and throughout North America this week, partnering with Cake Poker.com in the United Kingdom and with Poker Stars.com in North America for the weekly free roll tournament format.

In Britain, the University Poker Championship (UPC) is open to any college or university student resident in the country. Participants will be competing for a grand prize that includes free tuition for one year and a seat at the 2008 World Series of Poker Main Event in Las Vegas in July 2008. The WSOP prize package is estimated at approximately US$12 000.  more...
   

Bodog owner claims confiscated domains have lost value
The owner of the Bodog online gambling group fired another broadside at patent litigation opponent First Technologies this week on his blog Calvin Ayre Life.com, taunting 1st Tech's CEO Dr. Scott Lewis on an alleged decline in the Bodog domains he holds by court order.

The two companies are still locked in litigation over 1st Technologies claim that Bodog infringed patents on Internet technology, which led to Nevada and Washington judges awarding a $49 million default judgement against Bodog, and delivered the Bodog domains into the hands of 1st Technologies. Reacting fast, Bodog launched the new brand Bodog Life.com and continued its online gambling and entertainment facilities with minimal interruption.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

Challenge to Washington state online gambling ban bogs down on discovery motion
The strategic use of the discovery provision in American law has resulted in a lawsuit challenging the validity of an online gambling ban in the state of Washington bogging down.

The law suit was launched by Seattle lawyer and Poker Players' Alliance representative Lee Rousso on grounds that the state's law making it a Class C felony to gamble on the Internet fails to comply with the Wire Act passed by the federal government, which has never extended criminal liability to the players.  more...
   

Card Player website for Europe launched
One of the most informed and widely visited online poker information websites has debuted in Europe in addition to serving American players over the years. Card Player Media has announced the launch of its new website, Card Player Europe.com to complement its Card Player Poker Sports magazine.

Company spokesmen claim the new website will be the most comprehensive poker portal in Europe, offering poker fans a host of unique and useful functions, as well as the best in European and World poker news, views, commentary, and features including:  more...
   

Aussie company forecasts good news for investors
The Adelaide Advertiser reports that the Australian wagering and online gambling firm Centrebet International is forecasting a net profit of as much as $13.6 million this financial year and is on the acquisitions trail going forward.

Centrebet chairman Graham Kelly told shareholders the company was confident of achieving a net profit of between $13 million and $13.6 million in fiscal 2008.  more...
   
32Red Online Casino - Recommended Online Gambling Casino Experience

A new but volatile "skill gaming" pastime - could 'Hitman' have a new direction?
Mainly UK websites offering "pay per kill" shoot 'em up video games are the subject of an interesting article today (Thursday) in the British newspaper The Guardian.

Author Alistair Harper writes that over the past 12 months a series of over-18s servers have launched which pay a player for every kill made, while putting a price on every virtual death.  more...
   
PREVIOUS NEWS ARTICLES...  
NOV 2007  2nd Nov 2007  9th Nov 2007 16th Nov 2007    
OCT 2007 5th Oct 2007 12th Oct 2007 19th Oct 2007 22nd Oct 2007 26th Oct 2007
SEPT 2007 7th Sept 2007 14th Sept 2007 21st Sept 2007 28th Sept 2007  
AUG 2007 3rd Aug 2007 10th Aug 2007 17th Aug 2007 24th Aug 2007 31st Aug 2007
JULY 2007 6th July 2007 13th July 2007 20th July 2007 27th July 2007  
JUNE 2007 1st June 2007 8th June 2007 15th June 2007 23rd June 2007 30th June 2007
MAY 2007 4th May 2007 11th May 2007 18th May 2007 25th May 2007  
APRIL  2007 6th April 2007 13th April 2007 20th April 2007 27th April 2007  
MARCH 2007 2nd March 2007 9th March 2007 16th March 2007 23rd March 2007 30th March 2007
FEB 2007 2nd Feb 2007 9th Feb 2007 16th Feb 2007 23rd Feb 2007  
JAN 2007 8th Jan 2007 12th Jan 2007 19th Jan 2007 26th Jan 2007  
DEC 2006 1st Dec 2006 8th Dec 2006 22nd Dec 2006 29th Dec 2006  
NOV 2006 24th Nov 2006        
OCT 2006 2nd Oct 2006        
SEPT 2006 1st Sept 2006 8th Sept 2006      
AUG 2006 6th Aug 2006 12th Aug 2006 18th Aug 2006 25th Aug 2006  
JULY 2006
1st July 2006
11th July 2006 3rd July 2006 27th July 2006  
JUNE 2006 17th June 2006 24th June 2006