gambling

On Friday 11th May, the U.S. attorney for Utah announced charges against various individuals and companies involved in the processing of payments for online gambling operations.

The United States last week decided to withdraw from one of its WTO commitments after it finally lost its battle with Antigua and Barbuda over on-line gambling. The decision has evoked a storm of outrage and concern.

The Tour de France bicycle race has once again been hit by controversy. But this time it is not over drugs but gambling.

Withdrawing from the US markets in January 2007, following the arrests of the Canadian founders NETeller left behind two thirds of its business.

Friday marks the end of the two month deadline that came with the stage two ‘reasoned opinion’ issued by the European Commission on March 21st 2007.

Applications for operating licences flooded in to the Gambling Commission during the final week before the continuation rights deadline on 27 April.

Online gambling Company PartyGaming has reportedly subscribed to a large affiliate fraud-monitoring contract with Envisional.

Reports are circulating that the troubled online gambling firm BetonSports, is ready to plead guilty to a range of racketeering and wire fraud charges against the company in a plea agreement with the US Department of Justice.

PAPUA NEW GUINEA’s parliament recently passed a gaming law allowing the operation of casinos, as well as Internet gambling in the Pacific nation

Representative Barney Frank, the Democratic chairman of the House Financial Services Committee, has come through as he claimed he would, and introduced legislation that would allow online gambling in the U.S.