EUROPE - The fight for access to Germany’s gambling market has intensified after Betfair complained to the European Commission against draft legislation that is supposed to open up the gaming sector in Europe’s largest economy. Liberalisation plans drawn up by most of Germany’s regional governments do not go far enough and still aim to shelter local [...]
Posts Tagged ‘gambling industry’
Betfair attacks German gambling shake-up
Thursday, December 1st, 2011Corruption in Mexico casinos takes a toll in the US and internationally
Monday, November 28th, 2011US - Hard times have been a constant for most members of the Chippewa Indian tribe known as the Lac Vieux Desert Band. Nestled in a wooded corner of Michigan’s Upper Peninsula, the tribe owns a modest casino, a hotel and a golf course. But the complex is far off the beaten path for tourists [...]
Smart money on ‘corruption’ in Massachusetts
Monday, November 28th, 2011US - If you thought legalizing casino gambling was a political free-for-all, just wait for the soon-to-be-formed Gaming Commission to start licensing the three resort-style casinos and one slots parlor, a Vegas-based gaming expert told the Herald. “There’s so much money here, the potential for corruption is high,” said David G. Schwartz, director of the [...]
$100m lost on ACT pokies as club tries to pass off $5.2 million venue price as a “community contribution”.
Thursday, November 17th, 2011AUSTRALIA - Canberra’s pokies losses reached a four-year high of more than $100million in 2010-2011 while the capital’s gambling barons were slashing their donations to good causes by more than 11 per cent. And one club bought itself a new gambling venue with associated commercial property and then tried to write-off the $5.2 million purchase [...]
No pre-commitment to the truth in pro-pokie campaign
Tuesday, November 15th, 2011AUSTRALIA - The Australian Greens’ $1 maximum bet policy for poker machines has certainly set the hares running. Charles Livingstone rationally and calmly demolishes and exposes Clubs Australia’s mendacity. ABC The Drum.
Pakistan cricketers guilty of match fixing in “darkest day in test cricket history”
Tuesday, November 1st, 2011UK - Pakistan cricketers Salman Butt and Mohammad Asif were found guilty overnight of fixing parts of a Test against England in a case that has thrown the credibility of the international game into doubt. Salman Butt and Mohammad Asif could face jail sentences of up to seven years for the plot to rig events in [...]
Ladbrokes shares slip drastically after purchase aborted
Monday, October 10th, 2011INTERNATIONAL – Shares in Ladbrokes slipped close to an all-time low after the bookmaker aborted its latest effort to patch up its struggling online business by abandoning acquisition talks with SportingbetLadbrokes had been in talks with Sportingbet since June. The target’s business in Turkey, where unlicensed gambling websites are illegal, was seen as a stumbling [...]
Xenaphon jumps on industry leak…. plus more on “pokiegate”
Monday, October 10th, 2011AUSTRALIA - Charles Livingstone gives an excellent and comprehensive round-up of the current state-of-play in Australia as the govenrment tries to radically reform their gambling laws against a vigorous industry campaign. ABC News. Sentator Nick Xenaphon speaks about leaked Clubs Australia report in a radio interview. The apparently unintended release of estimates from the industry suggests that [...]
Lawmakers escape into gambling fantasyland
Sunday, October 9th, 2011US - A Tallahassee court cleared the way Thursday for legislators to expand gambling in South Florida without a referendum vote Miami Herald. Florida is on the cusp of becoming the Disney World of gambling. Uh, make that gaming — sounds a little more Disney-like. Daytona Beach News Journal.
Poker Inc. to Uncle Sam: Shut Up and Deal
Sunday, October 9th, 2011US - Jesus Ferguson and Howard Lederer (“the Professor”) did not invent online poker. They just took it to new heights — and, according to the authorities, new depths — as their company, Full Tilt Poker, became a gambling palace of the Web. Long piece gving a good overview in the New York Times
