Will the Bill Make it Through Congress?

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It is a common fact already that problem gambling is one of the issues in the US gaining lots of attention. Hot debates have finally lead to banning internet gambling sites, however, there was very little discussion about how to help gamblers find appropriate treatment and how to prevent problem gambling in general.

The Comprehensive Problem Gambling Act introduced into Congress by Frank Wolf, Lee Terry and Jim Moran and supported by US National Council on Problem Gambling is the first, but very important step in looking for the ways to fund problem gambling education, therapy and treatment measures.

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.

SuperiorCasino.com Expects More Progressive Jackpot Winners

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June 23, 2009 became a lucky day for the player “Karen K”, an online casino player from Michigan. The player won almost $49,000 thanks to the virtual slots site SuperiorCasino.com and its Rival Gaming-powered three reel one pay-line Strike Gold progressive jackpot game.

The player wagered the maximum bet of $2 and received three golden symbols after the pin across the reels in the payline.

SuperiorCasino.com awarded the first jackpot of $819,000 last year, and very soon two more jackpots are expected to be payed out.

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.

Sports Betting Companies can Adopt Best Practice Charters

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Online gambling in France is expected to be soon regulated. Meanwhile, the online media group known as “Geste” has released 2 charters seeking to give European online gambling operators a standard by which to follow, thus making sure the French online gambling industry is viewed as socially responsible and legitimate.

In the following years to come, lots of people will be watching France’s online gambling industry, whether the regulation fails or not in the country.

One of the countries that has got a similar experience is the UK. Since the UK Gambling Act of 2005 calling for an increase in land-based betting destinations has been passed, they have noticed an increased number of problem gamblers and gambling debts. The UK is in a good shape, and at the moment it is looking for the better ways to treat problem gambling.

As for France and its gambling regulation to be, many people like thos from Geste are doing their best to make the online sector a favorable environment for both consumers and businesses.

Take a Break and Keep Winning

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Online player “Christoher T” is known to have walked away with $200,090 at CasinoIntertops.com only two weeks after launching.

The winner started with $300 and played five-reel and 25 pay-line T-Rex slot until he had more than $70,000. After a short break he started playing this slot again and won 200,090.

The new casino, operating on RealTime Gaming’s platform, features over 300 instant-play and downloadable games including three and five-reel slots, multi-hand video poker, three-card rummy, blackjack, roulette, keno and lots more. The current jackpot at the site is more than 4 million dollars.

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.