Gambling News 28th February, 2011

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MATCHBOOK.COM SOLD AND BIDS U.S. FAREWELL

28th February, 2011 at 14:01:05
New owners intend expanding into the European and Asian markets

An e-mail to U.S. customers has advised that sports betting exchange, Matchbook.com has been sold to an as yet unidentified party and is no longer accepting wagers from customers in the United States.

Full Story: Matchbook.com Sold And Bids U.s. Farewell »

BETFAIR AUSTRALIA IN DEAL WITH TWO WAY LIMITED

28th February, 2011 at 09:36:18
TV sports betting service with built-in connections to the internet

Australian interactive media and gambling applications company, Two Way Limited announced a three-year agreement with online betting exchange Betfair Australia this week.

Full Story: Betfair Australia In Deal With Two Way Limited »

LEGALIZED ONLINE GAMBLING UNLIKELY IN VIRGINIA

28th February, 2011 at 03:18:12
Is Virginia leaning towards a draconian ban a la Washington State?

Some US states may be taking a more pragmatic approach to the legalisation of online gambling, but it appears that Virginia is not among them.

Full Story: Legalized Online Gambling Unlikely In Virginia »

NEW UK GAMBLING TAXES COULD SERIOUSLY IMPACT OFFSHORE OPERATORS (Update)

28th February, 2011 at 03:18:12
The industry awaits the outcome of UK Minister's consultation

The UK government's decision last year to enquire into the situation where offshore gambling companies operated in the UK market without local taxation or licensing being necessary (see previous reports) is attracting growing interest.

Full Story: New Uk Gambling Taxes Could Seriously Impact Offshore Operators (update) »

SOUTH AFRICA RACING INDUSTRY UNHAPPY WITH NEW TAX

28th February, 2011 at 03:18:12
Warnings that government's latest bite could "kill the fourth-largest sport in the country"

Media reports from South Africa indicate that the horseracing industry has now digested Finance Minister Pravin Gordhan's new tax proposals....and does not like the implications.

Full Story: South Africa Racing Industry Unhappy With New Tax »