Gambling News 28th June, 2012

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IT'S NOT JUST ILLEGAL OPERATORS THAT WILL COME UNDER THE EC MICROSCOPE (Update)

28th June, 2012 at 08:03:00
European Commission chief says EU Member States will also be reminded of their obligations... and EC enforcement measures

European Commission head Michel Barnier's address to the European Parliament Wednesday (see previous report) contained more than just the threat of action against illegal operators...there was a stark warning for non-compliant national regulatory regimes as well.

Full Story: It's Not Just Illegal Operators That Will Come Under The Ec Microscope (update) »

LADBROKES SHARES DIP 7 PERCENT ON POOR INTERNET GAMBLING RESULTS

28th June, 2012 at 03:47:17
Gambling group warns that first half profits will fall drastically

Citywire reported Thursday that shares in the UK's second-biggest bookmaker, Ladbrokes, tumbled 7 percent after the company warned that first half profits from its internet business will fall to around half the level of a year ago because of delays in upgrading its technology and a poor margin on bets.

Full Story: Ladbrokes Shares Dip 7 Percent On Poor Internet Gambling Results »

DELAWARE SENATORS VOTE ONLINE GAMBLING BILL THROUGH (Update)

28th June, 2012 at 03:06:51
A major milestone in US legalisation

Delaware's state senators finally pulled together Wednesday to pass HB333, and once Gov. Jack Markell signs the bill into law, the state will become the most advanced so far in the fight to legalise online gambling in the United States.

Full Story: Delaware Senators Vote Online Gambling Bill Through (update) »

ONLINE GAMBLING ANTI-FRAUD FIRM PUBLISHES A HELPFUL WHITE PAPER

28th June, 2012 at 03:06:51
Iovation's free suggestions designed to protect mobile channels from cyber-thieves

Industry anti-fraud company Iovation has recognised the growing importance of the mobile channel to online gambling operators with the publication of a free white paper offering tips on how to counter new and existing threats from the cyber-underworld.

Full Story: Online Gambling Anti-fraud Firm Publishes A Helpful White Paper »

CAMPOS GETS THREE MONTHS JAIL (Update)

28th June, 2012 at 03:06:51
Judge emphasises that he was "extremely lenient" in sentence on Black Friday indictee

John Campos, the former Utah banker named in the Black Friday indictments against US online poker sites, should count himself fortunate to have been punished by only a three month jail sentence, US District Judge Lewis Kaplan said Wednesday, characterising the sentence he handed down as "extremely lenient".

Full Story: Campos Gets Three Months Jail (update) »

EUROPEAN COMMISSION TO PUBLISH ONLINE GAMBLING ACTION PLAN (Update)

28th June, 2012 at 03:06:51
EC chief Michel Barnier will detail moves to stop unregulated internet gambling

The European Commission, the enforcement arm of the European Union, is to publish an action plan later this year, detailing moves to stop unregulated internet gambling, the Bloomberg business news agency reports.

Full Story: European Commission To Publish Online Gambling Action Plan (update) »