Read Our Latest 2007 Featured Weekly Betting News Articles Below:

January, 2007 - The European Betting Association and Remote Gambling Association are both publicly calling out for the European Union to do something once and for all about the state of the European gambling industry, specifically the abuse of power that is taking place within several European Union member states whose gambling monopolies are doing more than just being monopolies. According to a report and study released by the Swiss Institute of Comparative Law, several state-owned or sponsored gambling monopolies traversing the lottery, casino gambling and sports betting sectors are in direct violation of the Treaty of Rome, and are abusing their power to acquire public revenue at the expense of the consumer's themselves. Italy, France and Germany have been at the heart of several complaints in recent times, and now the European Union finds itself once again being pressured to do something about this obvious imbalance in a highly competitive industry that contributes 3% to the Union's Gross Domestic Product. Although this article is from late 2006, it sheds light on a post European gambling industry, whereas now many European states are doing more to permit cross-border casino gambling... Read the full article

February, 2007 - The UK Casino Advisory Panel recently gave its final recommendations to the Secretary of State for Culture, Media and Sport on what the panel feels are the most deserving areas to receive one of seventeen casino licenses under the Gambling Act 2005. One regional casino license was given to Manchester, while sixteen boroughs and cities in Britain equally shared licenses to operate eight large casinos and eight small casinos...Read the entire article

February, 2007 - An Israeli judge ruled that foreign online gambling companies must cease taking bets from Israeli citizens. Although previously overlooked, especially in the case of UK based Victor Chandler, Israeli law protects the state-run gambling monopoly from intrusions by foreign online betting operators. Several companies and online casinos have already backed out of the Israeli market, including River Belle Gaming and Victor Chandler...Read the entire article

February, 2007 - Following the departure of Neteller from the U.S. facing online gambling industry, there has been a void in the eCash processing world. Stepping up to fill the very large shoes of Neteller is a company called YouTeller. It goes to show that no matter how threatening the US Department of Justice is towards offshore online casinos and payment processors, there are plenty of businesses ready to stand up to the bullying tactics...Read the entire article

February, 2007 - The 2006 eCOGRA Global Online Gambler Report is one of the most telling reports to date about just who the average the online casino gambler and poker player really are. Resulting from the largest and most comprehensive global survey of online gamblers, the report shares insightful information about player attitudes, behavior and expectations...Read the entire article

March, 2007 - In what will have a large and positive impact on both the land-based betting industry in Europe, and the online gambling industry as a whole, the European Court of Justice has ruled against the Italian government and their state-run gambling monopoly, stating their attempts to criminally prosecute three individuals for collecting online sports bets on behalf of Stanley Leisure go against community law in the European Union...Read the entire article

March, 2007 - The Fifth Annual Pacific Congress on Interactive Gaming had record-breaking attendance levels this year, thus confirming the growing interest in the developing online gambling sector in Asia. A learning ground for gaming operators who need to adapt to the cultural ways of Asian bettors, PCIG is a major conference for the global gaming industry...Read the entire article

March, 2007 - Several key developments have been taking place lately that are very encouraging for the U.S. facing online gambling industry. Senator Barney Frank is working on legislation to repeal the UIGEA, while Nevada Senators are spearheading a study to determine if regulation is a formidable solution. And all the while, Senator Kyl continues preaching about family values to his close buddy, President George Bush...Read the entire article

March, 2007 - Half-cent slot machines - the first of their breed - are now available at U.S. Connecticut tribal casino resort, Mohegan Sun. One of east coast America's premier casino gambling destinations, Mohegan Sun will be installing twenty more half-cent machines in the near future, and are looking forward to their $740 million expansion that will add on two more casino floors...Read the entire article

April, 2007 - We have to start off the month of April by reporting on the online gambling dispute between the U.S. and the online casino friendly Caribbean island, Antigua and Barbuda. The World Trade Organization courts have ruled in favor of Antigua once again, pointing out that the U.S. has done nothing to revise their carve outs for online off-track betting, or their stance on excluding foreign countries like Antigua from providing the very same services...Read the entire article

April, 2007 - Leisure and Gaming subsidiary, BetShop, who is currently one of the fastest growing online betting operators in Europe, has signed with online gaming software developer, Microgaming, to join their thriving online poker network, which includes the likes of Boyle's, 32 Red and Bet365, Ladbrokes Game Bookers and Intertops to name a few...Read the entire article

April, 2007 - Kansas could become a casino gambling hotspot in the U.S. considering the extensive legislative changes taking shape there. Although casino operators are not scrambling to open shop in Kansas, the proposed tax rate is better than nearby Missouri, which currently has legislation drawn up to end a loss limit, issue more licenses and raise the current levy...Read the entire article

April, 2007 - US House Financial Services Committee Chairman, Barney Frank has made good on his promise to publish legislation countering the Internet Gambling Enforcement Act. The bill is tentatively scheduled for debate by the committee in the month of June. The legislation calls for necessary regulation of the online gambling industry, while giving discretion to individual states to regulate the various sectors of the gaming industry...Read the entire article

May, 2007 - Following the World Trade Organization's ruling that the U.S. has been unlawfully blocking online sports betting services from Antigua and Barbuda, the world leader did the unthinkable. Rather than abiding by the ruling and amending their policies, the U.S. has decided to "re-clarify" their commitments to the GATS (General Agreement on Trade and Services) and explicitly exempt online gambling from the agreed upon services of the WTO treaty...Read the entire article

May, 2007 - Nevada House Representative, Shelley Berkley, has successfully gathered up sixty co-sponsors on her bill calling for the National Academy of Sciences to undertake a legitimate and lengthy study of the online gambling industry. The bill has been referred to three vital committees, including the Ways and Means Committee and House Financial Services...Read the entire article

May, 2007 - A heightened standard of monitoring and regulating online casinos has been approved by Gibraltar's Minister of Gambling. Called Total Gaming Transaction Review (TGTR), eCOGRA is responsible for developing the data verification protocols, which now include continuous back-end data monitoring to ensure fair payout percentages and properly functioning Random Number Generators...Read the entire article

May, 2007 - One of the most popular Microgaming casinos to date, Roxy Palace, has announced it will be exiting the U.S. market after a long stint struggling to process payments for U.S. players. The casino has apparently reached a threshold in dealing with player issues and holdups, giving it no other choice but to temporarily exit the U.S. market until further notice. Read the entire article

June, 2007 - The largest cash jackpot to date has been won at InterCasino, on Cryptologic's Millionaire's Club progressive online slot machine. Valued at over 8 million, the jackpot surpassed former top-winning sums by a long shot. Millionaire's Club is one of Cryptologic's newest progressive slot games, and has thus far proven to be very popular with players. Read the entire article

June, 2007 - During the first House Financial Services Committee Hearing on Congressman Barney Frank's Internet Gambling Regulation Enforcement Act, which seeks to counter the UIGEA and open online gambling to regulation by U.S. States, several notable experts testified regarding the safety security and preventive gambling addiction measures of online gambling. Read the entire article

June, 2007 - It's not often in the world of land-based casino gambling that you hear of an environmentally friendly casino. Well, this is precisely what the Mohawk Tribe is setting out to accomplish in the building of their $600 million St. Regis Mohawk Casino in New York. Following principles to obtain LEED's Green Building Certification, Empire Resorts is on the right track to build the first green casino in the Northeast U.S., and the first of its kind. Read the entire article

June, 2007 - A unique study undertaken at Austrian online betting site, Bwin, has shed valuable insight on the behaviours of online bettors. Overseen by faculty of the Harvard Medical Schools Division of Addictions, the study monitored betting behaviours of over 40,000 real money punters over an eight month time period, revealing that only .4% of these monitored exhibited what could be deemed high risk betting behavior...Read the entire article

July, 2007 - Any time a gambling related activity is able to collect nearly half a million dollars for charity, this deserves to be our news of the week. Such was the case at the Ante Up for Africa poker tournament organized by Annie Duke and Don Cheadle. Attended by several well known celebrities and pro players, the tournament was held to raise money for charitable organizations working to end the atrocities in the Sudan region of Darfur....Read the entire article

July, 2007 - Former Neteller co-founder, Stephen Lawrence, has pleaded guilty to conspiracy charges as part of an apparent plea bargain in which Lawrence will pay up part of a $100 million restitution imposed by the United States Attorney's Office. Lawrence still awaits his trial and could face up to five years in prison and $250,000 in additional fines. Read the entire article

July, 2007 - It appears the European Court of Justice is making progress in France, where the French Court, Cour de Cassation, has overturned a previous ruling banning a Maltese online horseracing website from offering bets to French citizens. Citing necessities of regulation if the French government seeks to enforce blockades on betting sites, the ruling moves France one step closer to embracing new gaming legislation. Read the entire article

July, 2007 - This has been a busy and news-breaking month for the U.S. besieged online gambling payment processor, Neteller, who this week settled with the U.S. Attorney's Office to pay $136 million in order to avoid federal charges ($60 million of which has already been confiscated by the U.S. Department of Justice. Read the entire article

July, 2007 - Playtech Software continues to hold its reputation as one of the leading online gambling software developers in the business. The company issued their second quarter financial statement, which shows an amazing 288% increase in poker revenue. Primarily due to their acquisition of Tribeca Tables, Playtech nonetheless has been making all the right strategic choices to keep itself leading the way amongst a increasingly diversified online gaming industry. Read the entire article

August, 2007 - In what could be an enormous breakthrough for the poker industry, it appears that World Poker Tour Enterprises is close to cinching a deal that would bring the famous poker circuit to China. WPT Founder Steve Lipscomb is apparently in Beijing to sign a five-year deal with China Leisure Sports Administrative Center with possible extensions, and all in the face of disapproval from anti-gambling Chinese government officials. Read the entire article

August, 2007 - It may not be allowed in the U.S., but several American based companies are considering the prospects of tapping into the online betting industry abroad. America Online UK, for instance, has announced a partnership with the online bookie JAXX. Read the entire article

August, 2007 - After much anticipation, the long awaited UK online casino whitelist has been published by the Department of Culture, Media and Sport. Only two gaming jurisdictions outside of the European Economic Area were included on the list. Alderney and Isle of Man were given honors, while other jurisdictions like Curacao and Netherlands Antilles were not. Read the entire article.

August, 2007 - The Governor and Attorney General of Ohio have put a huge damper on slots revenue after the two men issued a joint executive order to put nearly 50,000 slot machines out of commission in the State. Even if its not technically deemed a casino style slot machine, if it takes money and looks like a slot machine, then its considered illegal. Read the entire article

September, 2007 - In a quick move to get listed on the UK Casino Whitelist and begin land-based advertising in England, Inter Casino has applied and been approved for an online gambling license through the Maltese Lotteries and Gaming Authority. Additionally, Inter Casino's poker site, Inter Poker, has also been licensed to conduct online gaming activities within the European Union jurisdiction of Malta. Inter Casino is now ready to launch its largest advertising campaign ever.
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