Gambling News 14th July, 2011

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LITTLE INFO IN UK GAMBLING REFORM ANNOUNCEMENT (Update)

14th July, 2011 at 12:14:56
But future restrictions on advertising confirmed

As reported in InfoPowa bulletins Wednesday, the British government's Department of Culture, Media and Sports announced today that sweeping changes affecting the online gambling industry will be implemented in the future.

Full Story: Little Info In Uk Gambling Reform Announcement (update) »

POPCAPS TO BE ACQUIRED BY ELECTRONIC ARTS

14th July, 2011 at 12:14:56
$750 million deal, with another $550 million depending on performance

The Seattle-based developer of online games for mobile phones, tablets, PCs and social network sites, PopCap Games, is to be acquired by gaming software giant Electronic Arts for $650 million in cash and $100 million in shares of EA common stock, with a further $550 million payable depending on agreed performance targets being met.

Full Story: Popcaps To Be Acquired By Electronic Arts »

FIRST MOVES IN U.K. 'SECONDARY LICENSING'?

14th July, 2011 at 04:03:46
Government announcement imminent.

The British media are reporting that a parliamentary announcement yesterday (Wednesday) by a government minister heralds the imposition of the much debated 'secondary licensing' regime, designed to enable British-licensed online gambling firms to better compete against offshore operators who access the UK market, but pay lower taxes in their jurisdictions.

Full Story: First Moves In U.k. 'secondary Licensing'? »

EUROPEAN COMMISSION DUE TO RULE ON GERMAN ONLINE GAMBLING SOON (Update)

14th July, 2011 at 04:03:46
Next week could see more clarity on the Commission's view of Germany's new Treaty

European media and sources report that the European Commission will clarify its position on the proposed 'liberalisation' of the German online gambling market as soon as Monday July 18.

Full Story: European Commission Due To Rule On German Online Gambling Soon (update) »

A POSITIVE POLITICAL APPROACH TO U.K. GAMBLING

14th July, 2011 at 04:03:46
Labour Party's shadow secretary of state for DCMS addresses BISL gathering

The UK's Shadow Secretary of State for Culture, Media and Sport, Ivan Lewis MP, outlined a largely positive attitude towards the gambling industry when he addressed the recent Business In Sport & Leisure (BISL) members meeting.

Full Story: A Positive Political Approach To U.k. Gambling »