Daily news

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    The European Commission has warned German regions to think about revising plans to ban online gambling or face possible legal action, an official at the EU's executive arm said last week. 

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    Cypriots parted with over £28 million in bets on online gambling in 2006, according to figures recently compiled by credit card company JCC, prompting the Cypriot government to take steps towards controlling the growth of the industry. 

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    High profile payment processor NETeller has announced today that it will no longer deal with transfers for online gambling sites for Canadian or Turkish residents due to regulatory risks. 

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    CasinoAffiliatePrograms.com (CAP), an annual networking event for the online gaming affiliate industry, has announced that registration is open for the 2007 CAP Spring Break event at the Atlantis Resort, Paradise Island Bahamas June 8-11, 2007. 

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    The announcement is set to mark the start of a process to redistribute frozen funds to its former customers. Signed on March 20 the agreement will outline terms and a timeline under which NETeller organise the distribution of funds to its US customer

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    iGaming Business and CasinoAffiliatePrograms.com are trumping last years CAP London event with plans for a unique awards ceremony in 2008. 

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    Chancellor Gordon Brown has announced heavy increases on gaming duty in yesterday’s budget. Many online gambling companies operating from tax havens in Gibraltar, Malta, Alderney and Cyprus, are not expected to return under these conditions. 

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    M&G Investments, fund manager for UK insurance giant Prudential PLC, has invested heavily in Sportingbet. 

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    Online gambling revealed as blight on web security in the workplace 

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    Bruce Elliott is appointed head of business development at leading software provider 

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    Independent Action Group will use people power to challenge disgraced e-wallet 

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    It has been reported that the US Government has delayed the NETeller hearing. Co-founders Stephen Lawrence and John LeFebvre, were arrested on a charge of conspiracy to transfer funds with the intent to promote illegal gambling. 

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    YouTeller.com, a newcomer to the payment processing market, appears to have submitted to pressure by NETeller's legal counsel after it accused the brand of infringing on its registered trademark. 

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    32 Red Online Casino, poker room and sportsbetting company, has undergone a financial restructuring initiative, by renegotiating its banking facility with Royal Bank of Scotland. 

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    The advertising industry is preparing for a welcome £50 million boost to its revenues, as the 2005 Gambling Act comes into force allowing betting shops, casinos and gambling websites to advertise on television. 

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    Phantom Fiber Corporation, the wireless platform software developer specialising in the gaming and entertainment sector, has signed a multi-year agreement with online casino provider Dynamite Idea. 

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    Orbis Technology Ltd, a leading provider of interactive gaming and betting solutions, has announced that Australian casino operator Lasseters Corporation has chosen Orbis OpenBet integrated gaming solution for its online casino at Lasseters.com.au. 

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    Gambling industry watchdogs have unveiled a set of rules designed to avert a surge in problem gambling when advertising restrictions on bookmakers and casinos are lifted later this year. 

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    The company attributes the annual losses of £3.74M to an ‘abnormally’ high number of winning favourites in UK horseracing markets and unfavourable Champions League football results. 

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    Playtech has announced that its Tribeca Tables migration to the iPoker Network has completed ahead of schedule 

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