Nambling Notes - April 24, 2003

24 April 2003

By Emily D. Swoboda

News from Down Under -- The Australian government's call for submissions regarding its prohibitive Interactive gambling law ended on Tuesday. Built into the law is a clause that requires the government to review the law two years after it was passed. That review is taking place now, and several companies and organizations related to I-gaming have weighed in, including the Interactive Gaming Council. Interactive Gaming News will follow up with a full story next week.

Tidbit from the Channel Islands -- Alderney's Policy and Finance Committee president, Col Peter Walter, said recently that the island has gained considerable revenue from its online gambling licensees this year. He said the revenue is used to cover the cost of regulation and that anything left over is saved in a "rainy day" fund that can be used to fund projects including improving the islands' public property.

Nambling Notes - April 24, 2003 is republished from iGamingNews.com.