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Bradley Vallerius Gaming Guru - Page 13  Crackdown in Israe21 December 2005
Israeli police initiated an investigation into illegal online gambling advertisements on Monday by raiding the offices of Walla!, one of Israel's largest and most popular Web sites.
The computer crime department of the Israeli Police's National Fraud Unit acted under orders from Attorney General Menahem ... (read more)
The Future of Hedging16 December 2005
The influence of betting exchanges on British horse racing could bring about a change to the model of race betting that has existed in the United Kingdom for several decades.
Britain's on-course bookmakers have traditionally shortened prices by laying horses to lose in the on-course the ring, thereby limiting their potential losses. ... (read more)
Implications of the Dutch Breda Ruling15 December 2005
The Netherlands Administrative Court of Breda rendered a monumental decision on Dec. 2 in a case that could have a tremendous impact on future gambling-related court rulings and policy decisions in the country. The court ruled that the defendants of the case--the Dutch Minister of Justice and Dutch Minister ... (read more)
EC, Netherlands Clash on Gambling Policy12 December 2005
European Commission Vice President Gunter Verheugen recently sent a letter to the Dutch government concerning its plan to award Holland Casino a three-year license to exclusively operate games of chance over the Internet. Verheugen's letter warns the Netherlands against proceeding with its proposed monopoly ... (read more)
Academic Study Could Shape EC Gambling Policy8 December 2005
The Swiss Institute of Comparative Law (SICL) is currently undertaking a study of gambling services in Europe that could soon become an important factor in shaping how the European Commission (EC) approaches cross border gambling. The study entails an in-depth analysis of the economics of gambling in the ... (read more)
Empire Files Case Against PartyGaming in Gibraltar6 December 2005
Empire Online today filed the anticipated legal proceedings against PartyGaming in Gibraltar's High Court. Empire seeks substantial damages-- reportedly several hundred million dollars—as well as injunctive relief that could effectively reinstate a prior business contract between the two companies.
The ... (read more)
Party Looks Strong, but Challenges Lie Ahead5 December 2005
PartyGaming, the world's largest online poker company, has regained its float price of 116p after a tumultuous two-month period in which its shares dropped more than 100p to 71p before slowly rising again.
PartyGaming's share price began to slip after the company announced in September that revenue growth was slowing. ... (read more)
Helping to Fill the Research Void1 December 2005
A recently launched private, non-profit organization has set out to fund research projects that deal with issues pertaining specifically to online gambling.
The Amsterdam-based Global Remote and E-Gambling Research Institute (GREGRI) seeks to assist new remote gambling-related research projects with ... (read more)
Betfair Ready to Move forward Following Approval in Tasmania29 November 2005
Tasmania's Legislative Council voted unanimously on Nov. 24 to pass the Gaming Control Amendment (Betting Exchange) Bill, effectively making Tasmania Australia's first state to adopt a regulatory framework for betting exchanges. The passage of the law represents the final hurdle for British betting exchange Betfair, which has been lobbying for months to pass the legislation. ... (read more)
Heightened Awareness25 November 2005
Although the U.S. Department of Justice insists that online gambling is illegal, an estimated 12.5 million Americans gamble over the Internet, representing about 80 percent of global online gambling traffic. The American public has been generally uninformed about the peculiar legal status of online gambling ... (read more)
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