Category Archives: Gambling News

First Move into the Internet Gambling

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The European gambling market seems to be becoming bipolar: on the one hand, the European Commission is in the process of negotiation for an open and free European market and, on the other hand, some Eropean countries are actively operating state monopolies, and Finland is one of them.

A semi-autonomous region of Finland has recently announced the launch of the new internet gambling site allowing both downloadable gambling and browser-based gambling. The site to be launched with the help of Net Entertainment is an extension of the Paf’s land gambling monopoly.

Strong reputation of Net Entertainment has been the main reason for Paf’s decision to partner with the internet gambling group, and the deal is supposed to run for four years. Please, note that internet gambling in Finland has been illegal so far, and this deal shows some changes already.

Norway Strengthens Online Casino Gambling Monopoly

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The new Norwegian regulations designed to strengthen the state monopoly and block financial transactions with foreign internet casinos are due out in August.

The EU Commission and other EU member states have been in negotiations with Norway, but so far, unsuccessfully.

Still, some experts hope that the situations might change, as the EU Commission is supported by the EFTA Surveillance Authority (ESA) and the ESA has already sent a warning notification to the Norwegian government in regards to the implkementation og highly questionable laws.

Will South American Market Open it Doors for Foreign Companies

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At the conference in Chile, the World Bank expressed its support of the online casino gambling industry. If to be exact, the Bank considers that international trade is much better for both global and national economies that protectionist regulations like those implemented in the US, Chile and other countries.

The World Bank would rather see the countries open their markets to foreign competition than encourage state monopolies, as favoring of local products makes an economy less stable in the long run.

So far, there have been no WTO actions implemented against the USA. However, the World Bank let Chile know that the EU and the WTO are about to come down very hard on the US government.

High Time to Change Regulations

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The jurisdiction of Alderney with a strict regylatory regime in place for the licensing of online casinos is considered to be one of the top and most respected ones in the world.

The new licensing framework complying to all of the latest technologies and standards in the internet gambling industry has recently been implemented by the Aldreney Gsmbling Control Commission. The new licensing structure is supposed to design the gambling license around the structure of the gambling company itself.

A lot of changing factors of the online casino gambling industry has been taken into consideration by Alderney’s Gambling Control Commission while creating the new licensing structure with one goal – to provide internet gamblers with ultimate protection.

TV Gambling Develops

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With the years the UK has got the reputation of the country with one of the most liberal land and online casino gambling markets in the world. No wonder, gambling is becoming so popular and attractive for both gambling operators and players there.

With the expansion of land, online and mobile gaming, television has become the next goal toachieve for the gambling industry in the UK. According to the latest regulations in the EU, TV gambling is a form of interactive entertainment. So, TV gambling programs can airway from midnight until six o’clock in the morning.

NetPlayTV is known to be developing TV-based gambling industry. After a recent agreement with Channel Five, the company will enter the nighttime network programming through the exhisting Channel 5 affiliation.

To Block Players from Switzerland and the Netherlands?

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It has become known that the Royal Bank of Scotland will no longer process internet gaming transactions beween Switzerland and the Netherlands. And this fact could not but affected a large number of internet gambling sites operating out of the licensing jurisdiction of Alderney.

The RBS has not stopped all the internet gambling transactions – only those in Switzerland and the Netherlands, the countries with controversial gaming monopolies in the state and specific legislation legalizing only state lottery and sports betting activities.

It is hard to name the number of the affected sites, but all of them will definitely have to find a new bank to perform the internet transactions or block gambling from these two countries.

Scandinavian Online Gambling Industry Changes

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Betsoft Gaming, an innovative software development company, is offering a wide variey of of high quality 3D cinematic slots games on the company’s gaming platform which is being offered at MrGreen, a Scandinavian facing internet gambling site.

Being relatively new at the market, Mr. Green has already managed to impress both the gamig portals and the players with its stable views and persistence.

Being constantly developed, the company is able to produce new slots gaming titles. The latest 8 online slots titles are all part of the Slots3 series of 3D.

The Right Way to Expand

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Lots of online gambling companies operating within one single market are now looking for the ways to expand and appeal to the needs of gamblers internationally. Bet365, a UK based internet gambling group, is one of those. It is reported that the company has got a new licensing deal with GemStone Systems, a management solutions company offering a large IT infrastructure to support backend system which is a part of the Playtech software platform.

The new partnership will definitely stimulate the growth of the number of new online casino gamblers and bettors on the system.

With the Variety of Offers the Revenues Grow

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Tha Asian gambling market has proved to be very popular. Even though some markets are closed to online casinos, lots of sites have managed to find their way into those markets, as the revenue potential of online gambling is really great there.

Being a key player in the Asian online casino gambling and gaming industry, knowing the peculiarities of the Asian market, Enterasia Technology announced its gaming site Fun88.com, licensed by First Cagayan Leisure and resort Corporation in the Philippines, to have launched a live dealer game on the site, the game which is all of the range rght now.

Get Excited This Summer

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Microgaming is reported to have released some new games in addition to a Mega Moolah update, the signature progressive game that has continually broken its record for plying out the largest online jackpot in the history of the online gambling industry.

The new releases include the Your Lacky Day game with a special Hi-Low bonus feature, the Fearless Frederick with some additional innovative bonuses and the Fat Lady Game.