September 28, 2009 (CAP Newswire) — Video game consoles have become remarkably inexpensive recently, with gaming companies getting more competitive as the consumer electronics market weakens along with the general economy. But according to highly respected market research firm Ernst & Young’s U.K. branch, online gambling may be the one part of the gaming market that has a bright future.
NeoGames Partners announces new TV commercial for Hopa.com in the UKNeoGames Partners, the affiliate program for NeoGamesâ€™ world leading online scratch card brands, Scratch2Cash and Hopa.com, has announced that they are launching their very first major TV campaign in the UK throughout August. The channels the commercial will run on are Channel 4 and Channel Five between the hours of 11am and 5pm every day. For the first two weeks in August, the Greater London area will be showing the commercial, whilst the North of England will be advertising throughout the month.
Gambling Law Expert Tells Poker News Daily that UIGEA Regulations Will Not Have “Any Effect At All”
July 30, 2009 (CAP Newswire) — In an interview published at Poker News Daily, Nelson Rose, a noted gambling law professor who often speaks out on the regulations against online gaming, told the publication that, whether or not the law goes into fuller effect this December as planned, the UIGEA regulations are likely to have minimal impact on the poker industry at large.
â€œI think thereâ€™s a good chance that HR 2266 will pass,â€ Rose said, referring to the legislation currently in Congress that seeks to overturn most of the UIGEA’s stipulations. â€œNobody likes the regulations of the UIGEA, but itâ€™s of such little interest to members of Congress right now.”
However, Rose went on to discuss why it might not matter that much. â€œThe whole focus has changed,â€ he said. â€œInstead of looking at individual transactions, financial institutions are now told not to. Basically, the whole program focuses on due diligence on new accounts. If youâ€™re crazy enough to set up a bank account with an American bank, theyâ€™ll ask if youâ€™re involved in illegal internet gambling. Banks are specifically told not to look at individual transactions, so it doesnâ€™t really do much except impose an extra level of regulation and cost onto the banks. The payment processors have already figured out ways around it.â€
â€œThe UIGEA is a piece of garbage, but the regulators did the best they could do with it,â€ Rose continued. â€œItâ€™s a requirement that banks spend money for nothing and thatâ€™s not what the government should be doing right now.â€
Nathan – CasinoAffiliatePrograms.com Staff
Posted:Â 07/23/2009 10:35:02 AM PDT
Updated:Â 07/23/2009 02:12:18 PM PDT
LAS VEGASâ€”A software designer who alleged Nevada Gov. Jim Gibbons took bribes from a Reno-based defense contractor is accused of failing to repay $1 million in casino debts to a Las Vegas Strip casino.
So we have to ask what is the status of the Unlawful Internet Gambling Enforcement Act thrown on the port security bill in 2006?Â Well we have to say nothing really.Â Barney frank is of course still pushing to remove it and go to a regulatory role with online gambling, but it doesn’t have the backing required yet.Â
BRUNNER CERTIFIES SUFFICIENT NUMBER OF SIGNATURES TO QUALIFY CASINO ISSUE FOR BALLOT
COLUMBUS, Ohio – Secretary of State Jennifer Brunnerâ€™s office on Tuesday determined that proponents of the most recent casino gambling statewide petition submitted enough signatures found valid by the state’s boards of elections to qualify the issue for the November 2009 election ballot.
Well we have been on a break for a while but with all the gambling news its time to get rolling again!Â How many people have tries their hand at online gambling?Â It sure seems to be a very large number as its reported to be over a 12 BILLION dollar a year enterprise.Â I have checked out quite a few online casinos and of course guides.Â One you need to see is Allfreechips.com (Allfreechips Casino Guide) .Â Not only can you get reviews from the staff there they also allow user reviews.Â I find this great as users usually will give you real world results.
Well after years of failed gambling voting in Ohio Issue six this November is the newest to surface.Â Issue 6 run by a small time group of Indian Casino promoters is attempting to slip one in there.Â They have many loopholes in the proposed amendment to the Ohio Constitution that will allow real casino based gambling once and for all.Â They state Millions will go directly to each county of the state evenly and everyone will be happy keeping Ohio’s dollars inside the state but what they do not tell you is this is not forever.Â A major loophole in issue 6 is that it states, all casinos in Ohio will have to pay the exact same tax rate.Â Does not sound to bad as millions are supposed to flow from just the first casino right?Â Looking further, if these boys bring an Indian based casino into Ohio later the effective tax rate for all casinos will be 0 (ZERO)Â (NOTHING)!!Â as you can not tax a Native American or a business (Casino) run by them.Â At least the government did something right for these folks that took care of our land before we stepped in.Â
So, as much as I want a casino or two in Ohio, I will be voting NO on issue 6 as I firmly believe a casino will be great for the state, but it must be done correctly or its just a giant vacuum for Ohio’s cash.
DUBLIN, Ireland (AP) – The race is over as far as Ireland’s biggest bookmaker is concerned.
Paddy Power PLC says it is so sure Barack Obama will win the U.S. presidential election next month that it paid off Thursday on all bets it had taken backing the Democratic candidate. It said it shelled out more than euro1 million, about $1.35 million.
“We declare this race well and truly over and congratulate all those who backed Obamaâ€”your winnings await you,” the company said in a statement.
Paddy Power has a long tradition of winning free publicity by paying off early, particularly on political contestsâ€”and it also has a recent record of getting the result spectacularly wrong.
In June, the company paid out early in favor of people who bet Irish voters would approve the European Union’s latest treaty in a referendum. The next day, a “no” result sent shock waves across the 27-nation EU, and cost Powers a hefty sum since it ended up paying off both sides of the bet.
The same thing would happen to Powers if it guessed wrong about the U.S. election. The pro-Obama bettors would keep the winnings paid out Thursday, while John McCain backers would cash in, too.
Powers said the biggest winner among the Obama bettors was someone who gambled euro100,000 and got back a total of euro150,000.
The most visionary bettor, though, was the “punter” who put down euro50 on Obama in 2005. At the time, Obama was listed at 50-to-1, so the bettor got euro2,550.
Despite calling the contest, the Dublin-based bookmaker said it is still taking new bets on the race. A John McCain victory Nov. 4 on a bet placed Thursday would pay off euro5 for every euro1 bet. By contrast, each euro1 bet on Obama would net just 11 euro cents.
Well we still have a chance to get our question onto the the debate for tonight, I urege you all to write a question to get the stance on Internet freedoms, Blocking URL’s and stance on the UIGEA NOW — m hurry up
Use the link to submit your question.