From Online-Casinos.com It was back in 2006 when the US government made banks and money processing firms responsible for prohibiting any transaction that had anything to do with online poker and internet wagering on US soil. It was the money processors and banks that the Department of Justice first went after to enforce the UIGEA enacted in 2006. U.S. players have had many problems making gambling web site deposits with banks and credit card companies considering them illegal. Neteller was one of the firms that kept offering their financial services to American clients and became a popular source for financial…

From iGaming Business Online and land-based casino games and solutions firm Bally Technologies Incorporated has signed a deal that will see its range of online slots made available to Paddy Power players. The last few months have seen Las Vegas-based Bally Technologies sign similar agreements with operators including Intellectual Property and Software (IPS) Limited and Mr Green while this latest deal will see its range of real-money slots launched via the paddypowergames.com domain. “Partnering with Paddy Power is a great opportunity for Bally Technologies as we continue to expand our reach in the global online gaming business,” said Michael Probert,…

From iGaming Business The European Gaming and Betting Association (EGBA) has hit out at the “sluggish” process of allocating licences for sports betting operators in Germany and called for tougher regulatory controls to be introduced to ensure the terms of the Interstate Treaty of Gambling are enforced. The latest version of the treaty, designed to allow private providers to accept sports wagers as part of a partial liberalisation of the German gambling industry, came into force on July 1, 2012 after the government came under pressure from the European Court of Justice to alter its approach. Under the terms of…

From Online-Casinos.com Estonia is a state in the Baltic region of Northern Europe bordered to the north by the Gulf of Finland to the west by the Baltic Sea, to the south by Latvia, and to the east by Lake Peipus and Russia. Across the Baltic Sea lies Sweden in the west and Finland in the north. Estonia is often described as one of the most wired countries in Europe, and is recognized as a leader in e-government. In 2010, online gambling became legal in Estonia. The main reasons for this were the consequences of the world crisis 2008-2009. The…

From The Fiscal Times States are still betting big on gambling. New York and Massachusetts are eyeing new, flashy resort-style casinos. The owner of one of the largest casinos in the country, Maryland Live! Casino, is among those vying for the final gambling license in Philadelphia and hopes to build a new $425 million casino there. But in nearby Delaware, lawmakers are considering the unusual step of giving $8 million to the state’s three struggling racetrack casinos. Crucial questions face states after years of gambling fever. Can they still enter the gambling fray and claim a hefty chunk of revenue? …

From iGaming Business Betting exchange and online casino operator Betfair has released its preliminary financial results for the twelve months to the end of April showing that total revenues from continuing operations fell by 0.38 percent year-on-year to £387 million. Betfair rejected a preliminary takeover approach from private equity firm CVC Capital Partners Limited in May that was reportedly worth £911.7 million and revealed annual reported earnings before interest, tax, depreciation and amortisation of 51.2 million, which represented a drop of some 39 percent year-on-year. London-based Betfair declared an annual loss from continuing operations of £49.4 million, which is down…