Gambling News

  • 22 December 2007

    No Action From the Online Gambling Industry

    No Action From the Online Gambling Industry We witnessed it this week.  European online gambling operators and their shareholders relied exclusively on the European Union to resolve the legal stranglehold placed over the industry by US lawmakers and the Justice Department.  They played their cards and busted.

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  • 22 December 2007

    The Us to Face Sanctions for Online Gaming Ban

    The US to face sanctions for Online Gaming Ban    The small island of Antigua was hoping they could rely on online betting and less on tourism. The World Trade Organization has ruled, US faces $21m (£10.6m) in annual trade sanctions as a result of its online betting ban.  The Islands of Antigua and Barbuda were awarded the right to impose sanctions targeting US services, copyrights and trademarks.

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  • 21 December 2007

    Online Gambling EU Firms Challenge US Ban

    Online Gambling EU Firms Challenge US Ban The European online gaming trade association formed a complaint on Thursday with the European Commission over the U.S. ban on online gambling.The U.S. Department of Justice was accused today by the Remote Gambling Association of discriminating against its members, by enforcing the ban against foreign online gambling companies while allowing U.S. rivals to stay in business.

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  • 20 December 2007

    RGA Disappointed With the WTO

    The RGA was disappointed with the WTO compensation between EU and US. Chief executive of the Remote Gambling Association (RGA) stated his organization was disappointed by the news of an agreement between the EU and the US regarding the withdrawal of gambling services from its WTO commitments. But it will continue lobbying for US to have a regulated system.

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  • 19 December 2007

    Microsoft, Google and Yahoo Pay $31.5 Million

    Microsoft, Google, and Yahoo Pay $31.5 MillionThese Internet Companies, have agreed to pay $31.5 Million to settle federal civil allegations they took illegal gambling ads.They also agreed to stop taking ads and wagering for sports and other online gambling.   An investigation was conducted by Hanaway’s office, with the IRS and the FBI, dates to 2000, she stated that Negotiations have been going on for 12 to 18 months.

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  • 18 December 2007

    Massachusetts Governor may testify at Casino Hearing.

    Massachusetts Governor may testify at Casino Hearing 17 December 2007 As reported by The Republican: “Gov. Deval L. Patrick plans a major push for his bill to legalize casinos, stating that he may testify before a legislative committee next week on the plan.

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  • 18 December 2007

    Deal reached In the EU and U.S. in WTO case

    Deal  for compensation reached In  the EU and U.S. in WTO case 17 December 2007As reported by Reuters: Brussels” The European Commission dealt a blow to European online gaming companies on December 17th,  when it accepted a U.S. offer of openings in other sectors to compensate for closing the U.S. gambling market to foreign firms.

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  • 14 December 2007

    iMEGA Files Objections to UIGEA Regulations with US Treasury

    Deadline for all public commentary on draft regulations closed on Dec. 12th Today, December, 13th 2007, iMEGA announced that it has filed its objections with the Department of Treasury over the agency’s proposed regulations regarding the Unlawful Internet Gaming Enforcement Act (UIGEA).

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  • 06 December 2007

    Internet Gambling Debates Could Soon Be Ended

    Internet Gambling Debates Could Soon Be Ended There have been many efforts to formulate regulations for the UIGEA (Unlawful Internet Gambling Enforcement Act) of 2006, and there continues to be a conflict between the U.S. and other Countries over a trade dispute. The United States government is devising the regulations for the Internet gambling law, which prohibits the use of credit for illegal gambling.

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  • 26 November 2007

    WTO Compensation in the case U.S. versus Antigua and Barbuda Extended

    WTO Compensation in the case U.S. versus Antigua and Barbuda Extended  Recently it became known that the World Trade Organization (WTO) granted an extension deadline until December 14th 2007 for a negotiated settlement between the U.S. and the Caribbean Island of Antigua & Barbuda. This dispute long pending since 2003 is not the only challenge the United States is facing, as further compensation decisions has to be secured to fellow World Trade Organization members.

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