Gambling News 14th November, 2012

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SPAIN BENEFITS FROM ONLINE GAMING TAX

14th November, 2012 at 15:26:45
Tax revenues total Euro 111 Million in four short months

The Spanish General Directorate of the Game released limited stats on the evolution of the newly legislated online gaming market recorded from June to end September 2012.

Full Story: Spain Benefits From Online Gaming Tax »

NEW UAE CYBERLAW DETAILS BAN ON ONLINE GAMBLING

14th November, 2012 at 15:26:45
Imprisonment if caught operating an online gambing website

Techworld reports the issue of a new cyberlaw by the President of the United Arab Emirates that makes provisions for anyone operating gambling activities in the Country.

Full Story: New Uae Cyberlaw Details Ban On Online Gambling »

ECOGRA APPOINTED BET365 REGULATORY AUDIT PARTNER

14th November, 2012 at 05:47:09
Specialist partner in complex regulatory matrix

Di verse regulatory challenges in Europe 's evolving online gambling industry require a specialist partner to ensure compliance on all levels across numerous markets

Full Story: Ecogra Appointed Bet365 Regulatory Audit Partner »

BWIN.PARTY RESPONDS TO BELGIAN DETENTION OF CEO (Update)

14th November, 2012 at 05:47:09
Unrepentant stance on EU law compliance

bwin.party digital entertainment plc has provided an update to the ongoing saga relating to the detention of its co-CEO Norbert Teufelberger in Belgium Tuesday.

Full Story: Bwin.party Responds To Belgian Detention Of Ceo (update) »

CONNECTICUT TO TAKE ANOTHER LOOK AT ONLINE GAMBLING

14th November, 2012 at 05:47:09
Investigative approach as tribal casino revenues decline

Connecticut law maker Rep. Stephen Dargan, co-chairman of the legislative public safety committee overseeing legalised gambling, said in an interview this week with courant.com that his committee needs to reconsider the matter of online gambling as revenues from the two tribal casinos in the State dwindle along with continued State deficits.

Full Story: Connecticut To Take Another Look At Online Gambling »

ZYNGA MAKES EXECUTIVE APPOINTMENTS (Update)

14th November, 2012 at 05:47:09
Reshuffle of existing executives

Social gaming giant Zynga has announced a slew of new appointments within its executive team following a series of high-profile departures earlier this year (see previous reports).

Full Story: Zynga Makes Executive Appointments (update) »

CAESARS PARTNERS WITH LATIN AMERICAN CASINO OPERATOR

14th November, 2012 at 05:47:09
Fast-growth market attracts big gun's interest and forges strategic ties

Las Vegas-based Caesars Entertainment Corporation and South American casino operator Enjoy have entered into a strategic relationship in Latin America.

Full Story: Caesars Partners With Latin American Casino Operator »

TAX ONLINE GAMBLING ACROSS EU SUGGESTS SPECIAL COMMITTEE

14th November, 2012 at 05:47:09
Online gambling "a cheap resource for organised crime"

European Union -wide taxation on online gambling came out of a public hearing arranged by the European Parliament special committee on organised crime, corruption and money laundering whose focus is on the removal of financial control that Mafia organisations are perceived to have over banking institutions in the European Union.

Full Story: Tax Online Gambling Across Eu Suggests Special Committee »

GREEK GAMING AUTHORITY WARNS OFF UNLICENCED OPERATORS

14th November, 2012 at 05:47:09
Hellenic Gaming Commission puts it on the table

Athens-based independent public authority the Hellenic Gaming Commission (HGC) has introduced itself with an advisory notice saying it has resumed its responsibilities to control the provision of online gaming services in the jurisdiction.

Full Story: Greek Gaming Authority Warns Off Unlicenced Operators »

CLICKFUN PARTNERS WITH BETWAY

14th November, 2012 at 05:47:09
Another social gaming casino offering real-money-play to UK residents

European online betting firm Betway has signed a strategic agreement to develop, market and operate a combined social and real-money casino with Online Skill Limited who owns the Clickfun Social Casino.

Full Story: Clickfun Partners With Betway »

STATION CASINOS TO AQUIRE MAJORITY STAKE IN FERTITTA INTERACTIVE

14th November, 2012 at 05:47:09
Well positioned to become leader in online gaming says Company

Las-Vegas situated Station Casinos LLC has entered into an agreement to acquire a majority stake of 51 percent in Fertitta Interactive LLC for an undisclosed consideration.

Full Story: Station Casinos To Aquire Majority Stake In Fertitta Interactive »