201113- ONLINE GAMBLING: COMMISSION ACTS AGAINST GAMBLING LEGISLATION OF SEVERALl MEMBER STATES, Posted on EGBA
20 November 2013. Today the European Commission launched formal infringement proceedings against the online gambling legislation of 6 Member States and issued 2 ‘reasoned opinions’ against Sweden for failing to comply with EU law. This move follows repeated calls from the European Parliament for the Commission to act as the Guardian of the Treaties and significant legal clarifications by the Court of Justice on how the Treaty applies to national gambling legislation. Similar decisions against other Member States are expected to follow. [Read More…]Atlantic City casinos approved for internet bets, By Hilary Russ, on Reuters
(Reuters) – Gamblers across New Jersey will be able to place bets online beginning at midnight after state regulators on Monday approved 13 internet gaming websites run by six Atlantic City casinos. If a five-day test phase has been any indication, demand in the state of nearly 9 million people could be high. The total number of players logging on hit 10,000 during the first three days of 24-hour testing, regulators said. New Jersey is the third U.S. state, but by far the most populous, to roll out online gaming. Officials hope the effort can rescue Atlantic City’s sagging casino revenues.[Read More…]Online gambling in New Jersey signals US expansion, By Dave Lee, Posted on BBC News Technology
Online gambling has been launched in the state of New Jersey, a sign that the US may slowly be opening up to the multibillion-dollar industry. Unlike in many countries, online gambling remains prohibited by the US government because of legislation passed in 1961. Individual states may allow online gambling if it does not cross borders. A test is under way in New Jersey to make sure only people within the state can play. Until now, only two of the country’s 50 states, Nevada and Delaware, allowed online gambling and heavy restrictions are in place. Online gambling companies want federal laws first set in 1961 to be relaxed Geolocation technology, which checks where a person is logging on, is typically used to lock out gamblers from further afield. [Read More…]
UK gaming firms start trading in new US market, By Oliver Smith, Posted on City A.M.
THREE UK gaming companies have been granted regulatory approval to operate online casinos in New Jersey, a gaming market that the state government said could be worth $1.2bn (£740m) a year. 888 Holdings, Bwin.Party and Betfair all began trading yesterday in the newly regulated state after the New Jersey Division of Gaming handed out seven licences for firms to offer online gaming. “There’s speculation that the momentum from online gaming in New Jersey will continue in California next year, Pennsylvania, Illinois and other states may follow as the scale of the opportunity becomes clearer,” Bwin.Party director of corporate communications John Shepard told City A.M. yesterday. [Read More…]European Commission acts against gambling laws of member states, Posted on Malta Today
The European Commission launched formal infringement proceedings against the online gambling legislation of 6 Member States and issued 2 ‘reasoned opinions’ against Sweden for failing to comply with EU law. This move follows repeated calls from the European Parliament for the Commission to act as the Guardian of the Treaties and significant legal clarifications by the Court of Justice on how the Treaty applies to national gambling legislation. Similar decisions against other Member States are expected to follow. [Read More…]Gambling Legislation, Compliance and Online Operators in Wait, by Peter McCullough, Posted on CS Report
Infringement proceedings were launched yesterday by the European Commission against Member States asking for compliance with EU rules. Sweden is topping the list of EU Member States drawing criticism as gambling laws and internet gaming legislation requests of conformity are being requested. [Read More…]Live Industry News
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