Gambling News 18th July, 2011

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SECONDARY LICENSING TAXATION CONFIRMED (Update)

18th July, 2011 at 14:59:58
UK Treasury confirms press reports

Media reports over the weekend that the British government is to consider the tax implications of secondary licensing for offshore betting companies wishing to access the UK market (see previous report) were confirmed Monday by a Treasury official.

Full Story: Secondary Licensing Taxation Confirmed (update) »

GALA CORAL APPOINTS CHIEF EXECUTIVE AFTER YEAR LONG SEARCH

18th July, 2011 at 14:59:58
Retail and remote gambling executive position filled

Andy Hornby (44) has been appointed as the new chief executive of bookmaker Coral's retail and remote gambling division, reports UK newspaper The Guardian.

Full Story: Gala Coral Appoints Chief Executive After Year Long Search »

NEW C.O.O. FOR MR. GREEN ONLINE CASINO

18th July, 2011 at 14:59:58
Norwegian exec will be based in Malta

The Mr. Green online casino's management structure has received a boost by the appointment of Norwegian national Karl Bjerke as chief operating officer, reporting to CEO Mikael Pawlo. Bjerke will be based in Malta, where he will oversee the Swedish operator's continued European roll-out.

Full Story: New C.o.o. For Mr. Green Online Casino »

SVENSKA SPEL CALLS FOR MORE EFFECTIVE REGULATION

18th July, 2011 at 14:59:58
And new CEO for Swedish gaming company

Sweden 's state online and land gambling monopoly Svenska Spel released its half year 2011 results and announced the appointment of a new ceo, this week.

Full Story: Svenska Spel Calls For More Effective Regulation »

EH VENTURES INTERNET CASINO GROUP SHRINKS

18th July, 2011 at 03:22:42
Seven online casinos to close August 1st

The fate of the Vegas Technology-powered pioneering online gambling group EH Ventures is currently the subject of speculation across internet message boards after its.com online casino sites started displaying closure notices this week, advising visitors that the virtual doors would be closed on August 1st.

Full Story: Eh Ventures Internet Casino Group Shrinks »