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General Gambling News (5 articles)
May 5th is Kentucky Derby Day
Get out your big hats and dress to impress because this Saturday, May 5th is one of the events horse racing fans have been waiting all year for. It’s Kentucky Derby day! Churchill Downs will conduct the 138th running of the Kentucky Derby this weekend and the word is out on the favorites. Bodemeister is the number one choice with 4-1 odds...
Major Police Action in Malaysia Breaks Big Betting Ring
137 people arrested Another massive anti-online gambling bust has been conducted on April 5 in Malaysia, where the police broke a football betting ring exploiting top British matches. On the occasion, 137 people were arrested. Most of them originated from China and Taiwan...
Update: Sportingbet plc Pays Final $6 Million to US Government
Clean slate in the US achieved An announcement came this week from the Sportingbet plc international internet gambling group that it has made its third and final payment of $6 million to the Office of the United States Attorney for the Southern District of New York, which...
PMU Faces Competition Complaint
Betclic files the claim against former monopoly A report came this week that online gaming company Betclic has filed a claim of unfair competition against Pari Mutuel Urbaine (PMU) with the French Competition Authority. The trigger for this complaint lies in the fac...
Update: IOC Closes Deal with ARJEL
Two organizations to join forces against illegal sports betting A report arrived this week that the International Olympic Committee (IOC) and French online gaming regulator ARJEL decided to join forces and close a partnership after their meeting in Lausanne last week. T...
Betfair Appoints New Director of Public Affairs
Former Microsoft exec joins online betting group This week’s news from online betting group Betfair involve an announcement of the appointment of a new director of public affairs, Matt Lambert, who will be taking up his responsibilities at the begi...
Update: Joaonline Gets ARJEL Approval
Bigger offering for French operator This week’s news from the French online gaming market involve reports that France's third largest casino group JOAGROUPE's has received online gambling regulator ARJEL’s approval for its online subsidiary JOAONLINE to operate online horse race betting and online fixed odds sports betting. This e...
Update: German Heads of State to Discuss DOSB proposal
Current Gambling Treaty will expire in late 2011, new dual model proposed to trial for two years German Olympic Sports Federation, Deutsche Olympische Sportbund (DOSB), The German Football League (DFL) and the Sports Aid Foundation have submitted for consideration to...
Tax impact warning from Paddy Power
Irish tax risk may force gambling group to rethink an investment in 750 new jobs The online and land gambling group Paddy Power, which released a strong set of results this week , has warned the Irish government that new tax proposals could trigger a reconsideration of its...
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