It has been reported that la Francais de Jeux, France’s former gambling monopoly, has seen a huge increase in its online sportsbetting profits. In 2010, FDJ made €91 million from online gambling, more than doubling its 2009 profits of €43 million, which was a 61% increase over 2008’s profits. The French online gambling legislation…
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In Canada, each province sets their own rules for casinos but the federal government is the main branch of government that handles the rules for the monies that pass through each casino. Enforcement of these rules seems to be less regulated in British Columbia than any other province. In fact, when it comes to enforcement…
Read moreWhile there are many people who enjoy the benefits of online gambling on a regular basis without any ill effects, there are people who are prone to suffer the consequences of having a gambling problem. When you're an American interested in online gambling it's good to know and have a little bit of background about…
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When the UIGEA was enacted in 2006, major financial institutions complied with the rules that prohibited the transfer of funds from American citizens to online gambling operators. Credit card companies like VISA and MasterCard were also affected by the online gambling ban, but they continue to fight for the legalization of the activity. Because…
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According to a federal watchdog that monitors money laundering, British Columbia casinos processed $23.8 million in suspicious transactions. This is nearly 50% more than last year’s reported $15 million. The Starlight Casino and the River Rock Casino both reported an increasing in large cash transactions that totaled millions of dollars. A set of suspicious transactions…
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The Hard Rock Hotel and Casino in Las Vegas has agreed to an amicable to pay a $650,000 penalty for participating in drug trafficking with hotel guests. The hotel also is accused of allowing people access to private bathrooms for sex and drug use. The complaint was voiced by gambling regulators in Nevada, after…
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Cyprus’ attempts at the regulation of gambling that would prohibit a variety of online gambling games including online poker has run into a major roadblock and therefore has been delayed by at least three months. While there are no casinos in Cyprus, local officials there have said that the online casinos that are prevalent…
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Today, there is a reality TV show that follows the life of just about every type of person: housewives, bakers, polygamists and more. Now, the poker world is making its way to the small screen with a new series called Young Guns. The show will document the lives of four professional poker players living…
Read moreA new discussion paper about the future of online gambling in Ireland has been released. It provides an overview of the options that are available to the Department of Justice and Law Reform, but suggests that the regulation of Ireland’s online gambling industry may be a difficult process. According to the report, the vast…
Read moreEntertainment betting has become one of the most popular activities at online betting sites, allowing punters from around the world can place bets on their favourite reality television shows. The same safeguards that are in place to fight match fixing in sports betting are also imposed in entertainment betting, but a recent scandal has seen…
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