Gambling News
Ireland Will Impose Tax on Internet Gambling
Ireland says it will start taxing Internet gambling establishments operating overseas and catering to Irish citizens.
"This will have the additional benefit of facilitating the extension of the tax regime for the betting industry to all those providing online and telephone betting and so underpin funding for the racing industry," said Brian Cowen, Irish Head of Government.
Ireland claims that this step is needed in order to secure funding for the racing industry.
Busted Exec Has Poker Ties
The owner of an American radio network that aired the country's first nationally broadcast radio show about poker has been arrested on fraud-related charges.
According to media reports, Michael Metter of Greenwich, Connecticut, USA, was arrested last week by the FBI and charged with obstruction of justice and conspiracy to commit securities fraud--both felonies--in connection with activities surrounding another company, Spongetech Delivery Systems Inc., of which Metter is CEO.
Pappas on UIGEA: “We Haven’t Had Much Success Legislatively”
With June 1 looming, the Poker Players Alliance (PPA) has been busy trying to understand what will become of current online poker prohibition in regard to its enforcement.
Distracted Kindergarten Kids Become Gamblers
TORONTO (Reuters) - Children rated as impulsive by their kindergarten teachers appear more likely to begin gambling behaviors like playing cards or placing bets before they hit middle school, Canad
Aristocrat Australian European Murder Connection
In the latest of a string of casino and gaming industry crimes including murder, Media Man and Gambling911 send in the blood hounds to sniff out the truth...
Aussies With Gambling Problems To Run Drugs
It's an all too familiar theme to the pages of Gambling911, but the strong connection between casinos, gambling and crime continues.
Betfair Pulls Out of France
With new online gambling laws in place and the European Union seemingly ineffective in getting France to follow set EU policy on i-Gaming, Betfair has pulled out of the French market.
Betfair has announced its intention to stop accepting bets from France and is considering whether or not to make an application for a licence to operate under the new regime, IntergameOnline.com reports.
According to Betfair, there is little clarity on how the online gambling sector will operate in France.
Crown Casino Client Ferrari Stolen With Virgin Valet
Down under in Melbourne, Australia, one casino punter was feeling extremely lucky, pouncing on an opportunity to steal (not win) a Ferrari F430, when a casino valet handed him the keys.
Feds Investigate Las Vegas Online Poker Business Deals
What started off as a Washington State investigation has now turned into a full US federal probe.
Ladbrokes CEO Promises Turnaround
Ladbrokes new CEO Richard Glynn has promised a swift turnaround for his company following news of a 6 percent drop in net revenue. Glynn joined the company in last month.
"In recent times the strength of our brand has diminished. In online and offline areas, we feel the need for Ladbrokes to regain its primacy," CEO Richard Glynn told the Wall Street Journal "We will be looking at every area of the business. We will be leaving no stone unturned," Mr. Glynn said, without elaborating.
Australian Pokies Deal Triggers AFL Clubs Feud
Australia is passionate about footy (AFL and NRL), gambling and one may argue, vice, witness the ongoing success of TV smash hit 'Underbelly' and 'Sin City' expo.
Little wonder then when you throw into the ring a pokies auction, sweet deals for AFL clubs, politics, mates rates, historic bad blood and a touch of vice, you have on hell of a fight that's likely to the last man standing after 12 rounds. We learn some clubs have hit the jackpot on the decade in off-field plays. Media Man and Gambling911 down under crash tackle ringside with this report...
Daniel Tzvetkoff Answers Money Laundering Charges
Australian online gambling payment processor Daniel Tzvetkoff is scheduled to appear in court for the first time Friday where he will answer money laundering charges according to the
Bwin Takes Hit With Online Poker
The popular Austrian betting firm Bwin reports it witnessed a 17 percent drop in revenues from its online poker room (called Bwin Poker). Bwin is part of the Ongame network, which itself has seen
EveryMatrix Partners With Cake Poker
In a deal that will create a strong new alliance in online gaming, Malta based sports betting white label service EveryMatrix has partnered with the
Tax Hearing on Internet Gambling Announced
House Ways and Means Chairman Sandy Levin (D-Mich.) on Wednesday announced his committee would host a hearing on tax proposals related to legislation to legalize Internet gambling.
iGaming Super Show Last Call
Limited Space Left - Register for the Speed Networking Club We have had a great response to the Speed Networking Club.
Elena Kagan: Here Comes The Poker Judge
Poker just got a shot in the arm in the USA.
Bookies Want AFL Footballers to Learn Insider Trading
As the evolution of the Aussie Rules football continues, on and off field scandals to boot, the players become more business and sports betting savvy.
John Stossel: Leave the Gamblers Alone
(TownHall.com) Some of us like to gamble.
World Exclusive: Ken Weitzner Will Revealed
Weitzner's will leaves estate to stepsons
Tzvetkoff Might Get Lucky After All
Daniel Tzvetkoff might have been the only man smiling today over the guilty plea entered by fellow online poker payment processor Douglas Rennick. That's because Tzvetkoff is essentially accused
Online Gambling Processor Douglas Rennick Pleads Guilty
A Canadian man indicted last year for processing payments for the world's two biggest online poker rooms has plead guilty.
Douglas Rennick, 35, of Alberta, entered his guilty plea today (May 11, 2010) in federal court in New York. Michael Pancer, a lawyer for Rennick, said in court that his client agreed to forfeit $17.1 million and could face a prison term of six to 12 months when sentenced Sept. 15.
Rennick was charged with laundering nearly $350 million in funds for PokerStars and Full Tilt Poker over a two year period from 2007 to 2009.
Paddy Power Receives 400 Complaints Filed With ASA
Irish bookmaker Paddy Power is no stranger to the ire of the Advertising Standards Authority (ASA). But this time the cat may have used up its nine lives...literally.
Aussie Daniel Tzvetkoff Jail Hopping in US
(AAP) - Former Australian internet high-flyer Daniel Tzvetkoff is enduring a cross-country tour of America's prisons.
Smartphones More Dangerous and Expensive Than Gambling
Technology has opened up all kinds of exciting possibilities for punters, sports lovers, news hounds, big business, and just about everyone else, however, technology can both make and cost us all a
Microgaming Announces Joint Venture with 888 Holdings
Microgaming, the world's largest provider of online gaming software, has announced a joint venture with 888 Holdings plc which, subject to the necessary licence approvals, will deliver a French Pok
Online Gambling Exec Stabbed Wife To Death
The CEO and founder of an online gambling social network is accused of murdering his estranged wife after reading a text sent by her lover.
Billionaire Calvin Ayre “Vanity” Comic Book Voted Worst Ever
Leading up to the Toronto Comic Arts Festival 2010, held this past weekend, illustrator Evan Munday offered up his opinions on the best and worst comic book series.
Steve Wynn Splits With Girlfriend Andrea Hissom
On the heels of what many believe will be the most expensive divorce ever, hotel developer magnate Steve Wynn h
