Online Casino News
Betfair to Float on Stock Exchange
Monday, 31 August 2009 03:39

Betfair, the UK based online gambling group are reportedly considering the launch of a major £1.5 billion floatation on the London stock market within the next few weeks. The founders of the company, Ed Wray and Bertie Black will be involved with a series of meetings with their banking and financial advisor over the next few weeks in order to discuss the many aspects of the deal.

Read more... [Betfair to Float on Stock Exchange]
 
Online Casinos Going Sky High
Monday, 31 August 2009 03:34

While the world is feeling the effects of the global economic crisis and airlines are scrapping many of their less profitable routes to try to save money, one airline has found a novel way to boost its income. Ryanair Holdings PLC, the Irish owned provider of cheap flights across Europe, despite having to follow suit and similarly close some of their routes due to the hefty airport charges they face have decided to offer the facility for its passengers to play online casino games whilst flying on their planes.

Read more... [Online Casinos Going Sky High]
 
US Government Gambling Funds Jubilee
Tuesday, 25 August 2009 01:03

Now that the dust has settled on the latest big court case involving an Internet gambling company and a huge cash settlement, the US government have made the unprecedented offer of returning money to US gamblers who believe they are owed by BetOnSports.com. This follows the agreement reached between the US Justice Department and the company's founder, Gary Kaplan who agreed to pay $43.65 million in fines to the US government.

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Neteller Gets Clean Bill of Health by US Justice Dept
Tuesday, 25 August 2009 01:01

The hugely popular online e-wallet Neteller, which is now a part of the successful e-cash processing company Neovia Financial Plc, has been let off the hook by the US Justice Dept following their court appearance in 2007 over claims of unlicensed money transactions involving US citizens.

Read more... [Neteller Gets Clean Bill of Health by US Justice Dept]
 
Who Needs Online Gambling Regulation?
Monday, 17 August 2009 06:15

The United States are currently under pressure to reform their online gambling laws from two fronts. It is under fire from without as the European Union presses its case with the World Trade Organisation.

Read more... [Who Needs Online Gambling Regulation?]
 
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