France nearer to controlled opening of online poker and betting markets

June 19, 2008

French Budget Minister Eric Woerth laid out the guidelines under which France would move towards a controlled opening of its online poker, online betting and gaming markets last Friday, after meeting with European Commissioner for internal market and services Charlie McCreevy the previous Wednesday. Woerth said he would present them in detail to the French government during a cabinet meeting on Wednesday.

The key points Woerth and McCreevy discussed centered on the European Commission’s infringement procedure against France, what methods would be used to implement the opening of the French market and a provisional timeline for these measures to be passed through the French legislature.

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World gambling revenue to top $155B in 2012

June 19, 2008

Forecast: Global gambling revenue to top $155 billion in 2012 with Asia growing fastest region

LAS VEGAS (AP) — Global gambling revenue is estimated to pass $155 billion in 2012 after growing at an annually compounded rate of 6.5 percent per year, according to a PricewaterhouseCoopers LLP report released Wednesday.

Gambling revenue is expected to rise from nearly $114 billion in 2007 because of new casinos and upgrades to existing ones around the world, the report said.

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Bingo habit blamed for grandma’s drug running

June 18, 2008

61-year-old faces up to 12 years in jail after 214 lbs. of pot found in her car

SIERRA VISTA, Ariz. - A grandmother found with a trunkful of marijuana was convicted of drug running in what prosecutors said was an attempt to earn cash for a bingo habit.

State troopers found 10 bundles of pot totaling 214 pounds hidden in Leticia Villareal Garcia’s car trunk last year when they stopped her outside Bisbee, in far southeastern Arizona.

Villareal, 61, told jurors before they convicted her Thursday that her only regular income was a $275 monthly welfare check, but she frequently played bingo and occasionally won thousands of dollars.

Prosecutor Doyle Johnstun said the game was Villareal’s undoing.

“She’s got a bingo problem”

“People who play bingo almost every night of the week end up losing in the long run,” Johnstun told jurors. “The underlying issue is that she’s got a bingo problem, which explains why an otherwise nice person might get sucked into something like this.”

Jurors rejected Villareal’s argument that she’d been tricked into carrying the drugs.

Villareal faces three to 12 years in state prison when she is sentenced Dec. 18.

Source: msnbc.msn.com

Online gambling in Germany on the rise

June 13, 2008

A recent study by Berlin-based research group Forsa has found that gambling online is becoming increasingly popular in Europe particularly in Germany.

The research found that around 2.2 million Germans gamble online on a regular basis, reports Online-Casinos.

Approximately one-fifth of these play poker while almost one-third play the lotto online.

Half a million Germans will bet on sporting events each week. German football league the Bundesliga was found to be the most popular, with 96 per cent betting on its matches.

It is estimated in a recent survey on German betting that the online market will grow from €2.2 billion (£1.74 billion) per year to €5 billion by 2010.

Recent research from the Gambling Commission revealed that 8.7 per cent of UK residents had used remote gambling at least once.

Source: Gambling.co.uk

Online Gambling In The UK

June 9, 2008

Thank goodness for the UK! During a time when many countries are taking away their citizen’s ability to game online the United Kingdom is making it easier. The United Kingdom revised its gambling law from 1968 and now it is so much more open than it used to be. People all over the United Kingdom are happy with the changes because now they can play the casino games that they love where and when they like.

No Hassle Gambling In The United Kingdom

Online casinos are a great place for those that live in the United Kingdom because if you are over 18 you can go to any online gaming website and you can have a good time. It doesn’t matter what you would like to play or what website you are interested in playing, you will not have the experience of being blocked when you try to create an account with an online casino.

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