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Christopher A. Krafcik

Fla. Internet Poker Study Awaits Governor's Signature

7 May 2009
A Florida bill with Internet poker study language attached has passed through the state's Legislature and awaits Governor Charlie Christ's signature. The language -- identical to that in a recent Senate bill, SB 682, which died in session last week -- instructs the state to perform a study and, by Dec. ... (read more)

Frank Delivers New Bills

6 May 2009
Internet gambling's most powerful congressional ally on Wednesday introduced two bills that, respectively, would see I-gaming regulated in the United States and the UIGEA's compliance deadline pushed back. Barney Frank, chairman of the House Financial Services Committee, unveiled both bills this morning ... (read more)

Everest Poker Lagging European Peers, Analysts Say

1 May 2009
Analysts with Roth Capital Partners have trimmed forecasts for GigaMedia Ltd., the online gambling and gaming operator, as the company's poker operation continues to struggle in the highly competitive European market. Todd Eilers, a broker with the California firm, projected in a note Friday that ... (read more)

Frank Expects to Introduce Bill Next Week

28 April 2009
Barney Frank, chairman of the House Financial Services Committee, said he intends to introduce a bill next week that would legalize and regulate Internet gambling in the United States. "We'll be introducing it next week and I plan to move on it," Reuters reported Mr. Frank as saying during a financial ... (read more)

Danish Market Set for Partial Liberalization

22 April 2009
The Danish Ministry of Taxation announced Tuesday that the country's hitherto monopolistic gambling market will be partially liberalized. A press release on the ministry's Web site indicated that under forthcoming legal reform, licenses will be made available for online poker, casino games and sports ... (read more)

Gaming VC in 'Final Stages' of South American Acquisition Talks

22 April 2009
On its full-yearly results this week, Gaming VC Holdings S.A., the Germany-facing online operator, said it could acquire a South American sports betting and gaming business. "We're in the final stages of negotiation -- it may go through, it may not -- but we're obviously hopeful that it will," the company's chief executive, Kenneth J. ... (read more)

Calif. Poker Bill Unveiled

22 April 2009
IGamingNews has obtained a copy of a highly anticipated bill -- the California Online Poker Law Enforcement Compliance and Consumer Protection Act -- that would see online poker regulated on an intrastate basis in the Golden State. The bill was submitted to the California Legislative Analyst earlier this ... (read more)

Danish Monopoly Broken | A Lawyer's Analysis

22 April 2009
Henrik Norsk Hoffman, an attorney with the law firm Lett in Denmark, answered questions by telephone Wednesday about the Danish Ministry of Taxation's announcement this week that sectors of the country's monopolistic gambling market will be liberalized. What do we know so far about the tax ministry's ... (read more)

Canadian Lottery Operator Seeking New Betting Platform

21 April 2009
The Atlantic Lottery Corporation of Canada has announced plans to beef up its online betting platform, though, for now, the company is keeping a tight lid on how its existing offering will be modified. The ALC, as the company is better known, is owned by the Atlantic provinces it serves: Newfoundland and Labrador, New Brunswick, Nova Scotia and Prince Edward Island. ... (read more)

Party Declines Comment on Giga Sale Tale

20 April 2009
Poker Consolidation at a Glance Microgaming-Playwize: December 2008 Absolute-UltimateBet: November 2008 CryptoLogic-Gtech: November 2008 William Hill-Playtech: October 2008 Ladbrokes-Microgaming: August 2008 After GigaMedia Ltd. announced it was in talks over a possible merger or sale late ... (read more)

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Christopher A. Krafcik
Christopher A. Krafcik