Gambling News 23rd March, 2013

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FLORIDA LOWERS THE BOOM ON INTERNET CAFE GAMBLING (Update)

23rd March, 2013 at 03:20:07
Overwhelming support in the House for new and more specific law

Probably carried along by outrage at the recent online gambling scandal in the state, and the consequent resignation of its lieutenant governor (see previous reports), the Florida House of Representatives has wasted no time in approving a new law which is substantially more specific and restrictive regarding internet cafe 'sweepstakes' style online gambling.

Full Story: Florida Lowers The Boom On Internet Cafe Gambling (update) »

COLOMBIA MOVING TOWARD ONLINE GAMBLING REGULATION

23rd March, 2013 at 03:20:07
Gambling regulators warn 'illegal' online gambling operators as country moves toward limited legalisation

In what is presumably a protective precursor to the country regulating and licensing online gambling to certain operators, the Colombian land gambling regulator Coljuegos has warned "illegal' online operators to steer clear of the country, and urged locals to report any incidents of internet gambling they encounter.

Full Story: Colombia Moving Toward Online Gambling Regulation »

DANSKE SPIL FY 2012 RESULTS ENCOURAGING

23rd March, 2013 at 03:20:07
Former state gaming monopoly functions well in the more liberal market

Despite operating in a more liberal and competitive market, the former Danish state gambling monopoly Danske Spil has given a good account of itself in 2012, reporting profit of DK 1.8 billion - a 13.8 percent increase over the previous year.

Full Story: Danske Spil Fy 2012 Results Encouraging »

U.S. TO TIGHTEN VIRTUAL CURRENCY CONTROLS

23rd March, 2013 at 03:20:07
Bitcoin likely to be among the companies affected

The US government is applying money laundering regulations to virtual currencies amid growing concern that new forms of cash bought on the Internet are being used to fund illicit activities, reports the Wall Street Journal.

Full Story: U.s. To Tighten Virtual Currency Controls »