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Bradley Vallerius Gaming Guru - Page 16  A Rock and a Hard Place (for Tax Haven Seekers)10 August 2005
Gibraltar is engaged in a legal battle with the European Commission regarding its right to offer a corporate tax regime that is more favorable to businesses than that of the United Kingdom.
The EC has ruled that a favorable tax regime for Gibraltar, a crown dependency of the United Kingdom, is contrary to E.U. ... (read more)
Casino City Continues to Build Its Case29 July 2005
Casino City's lawyers on Thursday filed their reply brief with the United States Court of Appeals for the Fifth Circuit in the company's declaratory judgment case against the U.S. Department of Justice (DOJ). Shorter than the other briefs filed by both Casino City and the DOJ, this final brief for the ... (read more)
Nambling Notes - July 29, 200529 July 2005
Quoteworthy -- "To the extent that the DOJ criticizes Casino City for not presenting lesser restrictive means as alternatives to the district court, Casino City points out that the record in this case is not yet developed. Moreover, if there is any pertinent omission pertaining to this point, it is that the ... (read more)
Connecticut Questions Legality of Foxwood's Online Game26 July 2005
Foxwoods Casino in Connecticut is in discussions with the state's attorney general and other officers of the state regarding the legality of a new product the casino plans to launch in August.
The new game, called "PlayAway," is an expansion of the casino's existing keno game that allows patrons to ... (read more)
Infringement Procedures on European Commission Agenda20 July 2005
Discussion about whether to launch legal action against seven Member States who have questionable online gambling regulations was on the agenda of a European Commission meeting today, but no official statement has yet been made regarding whether the subject was even broached by the Commissioners. The topic ... (read more)
US Government Responds to Casino City Appea18 July 2005
The U.S. Department of Justice filed its brief last week in response to Casino City's appeal of a district court's dismissal of its declaratory judgment case. The DOJ is attempting to attain the same ruling from the U.S. Court of Appeals for the Fifth Circuit that it did from the U.S. District Court for the ... (read more)
No Love for Ladbrokes in Sweden14 July 2005
British betting giant Ladbrokes, one of the most aggressive bookmakers fighting in foreign courts for the right to operate across Europe, suffered a defeat in Sweden last month when the country's Supreme Administrative Court rejected the company's appeal to acquire a betting license.
The company applied ... (read more)
A Closer Look at Casino City's Appea23 June 2005
Casino City's primary goal in appealing its declaratory judgment case to the U.S. Court of Appeals for the Fifth Circuit is to obtain a ruling that the company does indeed present a First Amendment Issue. In February 2005 the Casino City case was dismissed by the Department of Justice at the district court ... (read more)
PartyGaming Float Still On Schedule21 June 2005
On June 15th Gibraltar-based PartyGaming published its 200-page flotation prospectus, which among other things revealed that the company would seek a market valuation between $8 billion and 9.2 billion (£4.4 billion and £5.1 billion). The valuation is significantly lower than the $10.5 billion (£5.8 billion) figure that the company originally indicated it would seek only a couple weeks ago. ... (read more)
Search Engine Advertisement Case In California Proceeds to Next Phase10 June 2005
A court in San Francisco, California has denied Google, Yahoo! and 11 other search engines a motion to dismiss a class action suit that first surfaced in August 2004. The two plaintiffs in the case claim that they used illegal sponsored ads on the search engine websites to find illegal online casinos to which they then lost thousands of dollars. ... (read more)
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