Online Gambling to be Legalized in Poland
29 April 2008
U.S. needs to take heed to these other countries! They have realized how hard it will be to enforce the UIGEA Bill. Wake up America and smell the roses, this is one bill that is almost impossible to enforce.
Jacek Kapica the Deputy Finance Minister stated in April there were plans to legalize online gambling by end of 2008.The previous conservative Law and Justice(PiS) ruled against legalizing online betting a year ago, saying the cost to the state would be tremendous.
According to the analysts any budget revenues from online gambling would be a lot lower than at first suspected, and that the cost of regulating it would be to high.
Kapica said: “We cannot control this process anyway and it is better that the budget at least derives some revenue from it,”
The Polish Press suggested that Poland’s change was influenced by European Court of Justice ruling that said that Italy may not use criminal law to ban foreign online gambling companies from attracting Italian players.
Now if the rest of the world would see it the same way, all of this could be settled quickly and easily!! Shows some countries are smarter than others huh?
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