Online Gambling - 2008
31 December 2007
Online Gambling – 2008
Gambling, big news in 2007, once seen as taboo, has become main stream across the world and it will be debated and expanded in the years to follow. We look forward to continue to keep you up to date as the news happens. This is one of the most exciting industries and will be the news to watch worldwide in 2008.
What will happen is yet to be seen. But rest assured, if it happens you will find it here! Our goal is to stay on top of this news and keep you informed as it happens. Let’s hope our Freedom will win out in the end! Stand up and let your voice be heard!! Open the gate in 2008!
14 May 2010Canadian Man Pleads Guilty in U.S. Online Gambling Charge
Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.Read full article
02 June 2010France to Award 30 Licenses for Online Gambling
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders. Though it is now official and France says that licenses will be granted in time for the 2010 World Cup, not everyone is excited about the French market.Read full article
09 June 2010France Issues 11 Licenses For Online Gambling
France acknowledged that 11 companies have been granted license and have been registered to conduct online sports and horse race betting as well as online poker within France. According to Arjel president Jean-Francois Vilotte, the regulator of gaming in France, “There were 35 requests for licenses and we have retained 17 at this stage. None have been formally rejected.Read full article