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Christopher A. Krafcik Gaming Guru - Page 39Uncertain Future for Holland Casino's Internet Ambitions12 February 2008
Last week, state-licensed casino operator Holland Casino had its plans to launch an online offering delayed, as the Dutch Senate postponed a vote on a proposal to extend the operator an online license. The issue has remained before the Senate -- the country's legislative terminus -- for over a year, but ... (read more)
Parlay M&A: No Agreement Yet, CEO Says8 February 2008
Parlay Entertainment, the late-January recipient of two competitive bid approaches, said today negotiations with the two suitors are ongoing but that no deal has been reached yet.
In a brief interview with IGN, Parlay Chief Executive Scott White said the company has received two expressions of interest, ... (read more)
New Infringement Procedures for Sweden and Germany31 January 2008
Gambling-related legal action continues in Europe as Sweden and Germany both heard from the European Commission today.
Very broadly, Brussels is looking to determine whether national legislation in both member states is compatible with certain Articles of the European Community Treaty, namely Article 49, ... (read more)
Study Shows US Regulatory Regime Could Generate Billions31 January 2008
Internet gambling in the United States: regulated and taxed. A big-bucks proposition? One study says it could be.
Recently, PricewaterhouseCoopers (PWC) was retained by law firm Alston & Bird, counsel to UC Group, to estimate the federal revenue effect of two bills currently before Congress: Rep. ... (read more)
Garber Sees Industry M&A beyond the DOJ30 January 2008
As ever the subject of discussion, the U.S. Justice Department's negotiations with London-listed PartyGaming remained a salient issue today among investors, analysts and the media as the group unveiled KPIs for the fourth quarter.
"We feel that discussions are going well, we feel that they will end ... (read more)
Israeli Police Bust Play2Bet.com29 January 2008
The Israel Police National Serious and International Crimes Unit has arrested at least seven men with alleged connections to Play2Bet.com, a Web site the Israeli press has called an "illegal online gambling ring."
According to Globes, the Israeli police allege that the Play2Bet business generated hundreds of millions of shekels -- Israeli currency -- which were later laundered. ... (read more)
Q & A: Evelyn Heffermeh28 January 2008
The latest decision in the criminal case involving former Mr. Bookmaker Chief Executive Didier Dewyn could bode well for cross-border commercial operators in Europe. IGN spoke with Evelyn Heffermehl, a lawyer with the Brussels branch of Ulys, about the decision and what it could bring by way of impact to the foundations of French gambling law. ... (read more)
Q & A: Wes Himes25 January 2008
You've probably heard rumblings that the French government is examining the possibility of online gambling regulation. You've probably also caught wind of a mid-March "resolution" between the European Commission and the Sarkozy administration.
But what's actually happening?
IGN spoke with Wes ... (read more)
Rambling Notes - Jan. 24, 200824 January 2008
With the industry having converged on London this week, the Nambling Notes department would like to present a featurette -- wait, is that a word? -- covering some of the more recent and noteworthy direct quotes offered to us as well as our editorial brethren, the Media At Large.
The I-gaming industry ... (read more)
Not Just Yet23 January 2008
Nevada policymakers won't be unrolling the red carpet for Internet gambling anytime soon, it seems, after a recent study revealed Nevadans just weren't that interested in the activity.
In fact, of the 1,000 Nevadans polled by telephone, only 3.7 percent report having gambled online . . . in the last five years. ... (read more)
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