Top Online Gambling Stories of 2011
29 December 2011
From losing processors, federal indictments and opinions reversed, it has been and interesting year in online gambling. Here is a list of what we think are the top ten stories of 2012.
10 – eWalletXpress Has Money Seized – Turns out that this was more than a rumor.
9 – eCogra Under New Management – eCogra is no longer owned by online gambling companies.
8 – Online Gambling in New Jersey Vetoed – There were many attempts by states to pass online gambling laws, this one came the closest.
7 – U.S. Goverment Seizes Three Major Online Poker Domains – These Federal indictments starts the last mass exodus out of the U.S. for U.S. facing online poker sites.
6 – QuickTender Payment Processor Discontinues Service – Another one bites the dust.
5 – Nevada Passes Online Gambling Bill – Looks like one state was thinking ahead.
4 – AGA Releases An Online Gambling Code of Conduct – The American Gaming Association reverses its opinion on online gambling and releases a code of conduct.
3 – SubCommittee to Look at Online Gambling in U.S. – U.S. Congress starting to take some action.
2 – Online Gambling Will Miss Barney Frank – A strong supporter will not run for another term.
1 – U.S. Department of Justice Reverses Stance on Online Gambling – Even though it is the most recent news, it stands as the best news of the year.
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