Online casino software provider Playtech has announced that the deal it signed late last week with an Asia-facing licensee is to run for three years and could be worth up to five millions dollars during its first year.
The Chief Executive of the Remote Gaming Association has applauded statements made last week by the Trade Commissioner for the European Union, Peter Mandelson, regarding America’s policies on online gambling.
Canada’s Kahnawake Gaming Commission has issued a progress report on its investigations into AbsolutePoker.com’s hole card cheating debacle and indicated that a report could be presented as early as next week.
The Trade Commissioner for the European Union, Peter Mandelson, has stated that the United States should regulate online gambling rather than compensate those affected after returning from his trip to Washington, DC.
According to numerous press reports this week, Norway’s Minister of Culture and Church Affairs is pressing ahead with plans to constrain online gambling by halting payment systems to online gambling companies.
The Managing Director for Liverpool-based Stanleybet International has called on European Commissioner Charlie McCreevy to reject France's opening offer to liberalise its pools-betting market while keeping its fixed-odds market closed.
The Swedish National Institute of Public Health has published the details of its one-year study into the effects of online poker that classed 27 percent of the country’s Internet poker players as potential problem gamblers.
An executive for Austria’s Bwin Interactive Entertainment has announced that he is optimistic about growing liberalisation in the European Union and that legal certainty could be achieved as early as next spring.
In America, Barney Frank’s proposed Internet Regulation and Enforcement Act (IGREA) has received an additional vote of confidence with another Member of Congress announcing that he will co-sponsor the legislation.
Vienna-listed online gambling group Bwin has announced its results for the third quarter, which showed a core profit and resurgent growth in players but also revealed a net loss that saw its stock drop by 15 percent.
The Associated Press stated that Gary Loveman, Chief Executive Officer for Harrah’s, revealed that the Las Vegas-based gambling corporation is taking a close look at entering the European online poker market.