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According to the Dutch government, Unibet and Dutch firm Oranje Casino are running illegitimate websites in Holland, and consequently they are to be eradicated in the course of a new campaign. There are also other names of firms that are on the list of targets.

To offer gambling services in the Netherlands, the company should get a permit. Now, there is only one company with the permit to offer internet-based services – De Lotto, Holland’s state-run sweepstake. So, it means that other companies break the law.

In February the Netherlands got a final legal warning about the regulation of the casino gaming market.

The decision of the Russian Government to place casino gambling outside of main cities makes casino companies think of expansion and new business initiatives as it is not clear what will happen to their gaming business.

Thus, Ritzio, the largest gaming company in Eastern Europe, is raising money to start its expansion not only in Europe, but also in Latin America. The company needs $500 million to realize their intentions.

Being located out of Cyprus, Ritzio has 160 gaming clubs in Germany and a recently opened slot hall in Serbia.

New CFO of Pearl River Resort

Sunday, May 25th, 2008

Lawrence Kovach is known to have become the new chief financial officer (CFO) of Pearl River Resort – the resort portfolio belonging to the Choctaw Resort Development Enterprise (CRDE), a business enterprise of the Mississippi Band of Choctaw Indians. Kovach is now in charge of the overall fifnacial operations of all the properties in the CRDE portfolio, including the Silver Star Hotel & Casino, Golden Moon Hotel & Casino, Geyser Falls Water Park and Dancing Rabbit Golf Club.

Kovach has 40 years of experience working for the financial and gaming industries. His career started at Price Waterhouse where with the time he became the national director of financial services. Later he worked as the chief operating officer at law firms in Dallas, Columbus and El Paso. During the past seven years he was the primary financial executive for the Confederated Tribes of the Grande Ronde Community and simultaneously Kovach served as an interim CFO for Spirit Mountain Casino as well as CFO for the Grand Ronde Food and Fuel Company, Spirit Mountain Management Consulting, Inc., and Spirit Mountain Development Corporation.

General Paul Harvey, president and chief executive officer for Pearl River Resort said that Kovach would play a great role in the development of Pearl River Resort.

The gambling business in the UK is rather specific. It refers to the fact that all UK online casino and gambling sites need to show they take the problem gambling seriously and provide tools aimed at fighting the problem.

Some companies refer to a problem gambling organization on their site, thus letting users know about their attitude to the problem. But according to the agreement between the Gambling Commission and the UK online casino and gambling industry, online casino and gambling companies are supposed to make contributions to British responsible gambling organizations. Probably because of the fact that the contributions are voluntary, there are so many companies withholding contributions to the fund. As the UK media shows, only 1,000 out of 3,200 online casino and gambling sites have made a donation.

Since so many companies have a problem to uphold this voluntary agreement, the government contemplates to make it compulsory.

Special Offer from PaddyPower.com

Saturday, May 10th, 2008

PaddyPower.com, the Irish online Bookmaker, is accepting bets for the 888.com World Snooker Championship that runs until Monday.

The Bookmaker has announced that a player can win even if a bet does not come off. In other words, “players placing a losing bet on any match that goes to a deciding frame could still receive a free bet up to the
same stake on any other contest at the Crucible Theatre”.

It must be noticed that the offer applies only to single match bets placed online or over the telephone up to a value of $393.

For more details, go to PaddyPower.com.

Reaching success in the long term in texas holdem is not that much difficult, if you perceive the game as a durable as if lasting for a life time trip. This trip will lead you to your main target – the money, but only in that case when you’ll be able to look at each stage as one of the steps towards your final destination.

In your texas holdem trip you are likely to find yourself in poor situation rather often and for some days, weeks or even months, but as long as you win in the long run, you are “beating texas holdem.”

The difference between experienced texas holdem players and beginners is that the latter ones have tendency to look at one hand or one session and make absurd conclusions from it. This is one of the mistakes that affect their play the most.

Playing texas holdem you should continuously ask yourself whether your play is profitable in the long run. So, don’t get stuck on your actual outcome, just look at it objectively.

Always keep in mind a golden rule of expected value – only making bets that show a positive expectation.
Searching for the best moves (with the highest expectation) at any give moment is that what you should always try to do as online texas holdem player. Such strategy provides you with great results in the long term.

Sometimes even this wonderful tactics may not work, as you know there is pretty much luck involved in texas holdem. Having made the best move, you still may lose. However, persistence and consistency will help you to overcome bad plays.

In conclusion, once again forget about the short term and mobilize all your mind forces on making the best decision at any given time. Your efforts will be rewarded in the long run.

The EC has finally responded to the Italian Economy Ministry’s submission of the draft online gambling law. Disapproval or doubts have been expressed regarding three key areas: the cost of license, the requirement for operators to connect their systems to the government central database, and the requirement for operators to have reached a certain level of betting turnover in the past to be eligible to request a license.

The cost of entry totals to €300,000 and it is criticized for being unrelated to the actual cost of providing authorization.

The requirement for operators to connect their systems to the government central database is also criticized for the fact that the technical systems are non-standard and the required development is really expensive. The Commission asks the Italian authorities to “allow the use of alternative systems that are less onerous but still allow for an efficient and adequate control on the part of the State Monopoly” and avoid the present system’s “excessive complexity”.

What concerns the third point the EU wants no limits on the number of operators allowed to request on-line licenses in the territory.

In Commission’s opinion, the authorities must ensure that operator’s website won’t be blocked by Italian ISPs once a company has received the license.

Escape the Gambling Addiction

Sunday, May 4th, 2008

More and more people become dependant on gambling. What attracts them is hope and even the minimal chance to win big money. Potentially, everyone is a winner, but in reality very few hit huge money. So, there are always those who have lost everything, those who hardly understand that winning is fully up to chance, though there are games with a skill based element to them like poker.

But slot machines and other fully chance-based gambling games present a bigger problem. Thus, slot machines by paying out small winnings to the players keep them at the game and at the same time give hope that the next win will be definitely big. Players should take into consideration that it does not matter how long a player sits at a slot machine. The chance to hit the jackpot every time they spin the wheel is the same.

When gambling, one should also remember hereditary tendencies toward addiction and some psychological factors.

Clients of the Betsson internet gambling company will soon be able to enjoy a new online casino gambling site powered by Playtech. Thanks to that partnership a full suite of online casino games will be offered for the company’s player base.

Betsson is a widespread and very popular internet gambling company in Europe. It offers responsible gambling practices and, what is acute nowadays; it funds problem gambling research studies.

The CEO at Betsson, Thomas Kalita, commented on the new deal with Playtech, “We are pleased to add yet another quality product to our broad offering. Playtech’s proven track record as a software supplier, supported by its wide range of languages is of great value to Betsson, especially when expanding into new territories.”

End of French Gambling Monopoly?

Friday, May 2nd, 2008

The problem of legalizing online gambling market in France may soon be solved, as this question is under consideration in the French government.

What is going on now is that the gambling market has been monopolized by the French lottery Francaise des Jeux and PMU (pari-mutuel horse betting monopoly). They offer online betting and scratchcards. Other internet games involving money are illegal. As a result, some heads of foreign online gambling operators have been arrested in France for violating French gambling laws.

The November report into how the online gambling market might be opened up in France is being studied by Prime Minister Francois Fillon’s office. The regulation of the gambling market in France may come as a result of “issuing licenses limiting online betting to sporting events, including betting on card games, or licensing all games except lotteries”.

It must be noted that France has already received a warning from the European Commission saying that “the restrictions of the sports betting market are not compatible with existing EU law and that the measures…to restrict the free movement of sports betting services have not been shown to be necessary, proportionate and non-discriminatory”.


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