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The following gambling news is updated multiple times per day. We try to keep you updated on the latest gambling news, including poker news, casino news, brick and mortar news, sports gambling news and industry news. If you have an event or are a company with a press release submit it to us for publication. Contact us at email.

GIBRALTAR TAX CHALLENGE DEFEATED - The Luxembourg court's ruling entrenches Gibraltar's decision to levy a competitive tax rate of only 15 percent of profits on offshore companies which have established domicile in the British territory.

US gambling industry has a rough road to ride - The respected Fitch Ratings agency in the United States has predicted that the gambling industry can expect a tough economic environment through to 2010, reports Business Wire.

David Chino Rheem Wins Doyle Brunson 5 Diamond Classic - 1,538,730 reasons for playing a major live tourney. Rheem and 496 others anted up a buy-in of $15 000 for the pleasure and experience of playing in the 6 day tournament, which was held at the Bellagio in Las Vegas this week.

Ladbrokes lambastes Swedish monopoly recommendations - UK gambling group Ladbrokes let the Swedes know how it feels about the recent recommendations on monopoly reform in no uncertain terms this week, putting out a strongly worded statement on the issue.

14 Gambling Arrests in Texas - In May this year Texas authorities raided a Corpus Christi amusement centre, starting a chain of events that ended with the arrest on illegal gambling charges of 14 executives employed by the Dallas-based Aces Wired Inc and the confiscation of 90 'gambling machines' known as 8-liners, and some $175 000 in cash.

Case No. D2008-1616 at the WIPO Arbitration and Mediation Center - The owners of the world famous land gambling brands Casino de Monte Carlo and Casino de Monaco, La Société des Bains de Mer et du cercle des étrangers à Monaco, has won a branding case against Australian online casino company Around Pacific, resulting in an order that the domain name be transferred to the plaintiff.

David Rheem Joins The Poker Pack - Two Members of Successful Asian Poker Tour Backed Team Make Final Table at the WPT Five Diamond

London Ice Exhibit - The e-gaming industry has worked tirelessly over the last decade to ensure it conducts itself with the integrity and transparency absolutely vital to player protection

PPA COMMENTS ON DIKSHIT SETTLEMENT - Reminder that DoJ's interpretation of the Wire Act is questionable. The PPA notes that this deal was a personal decision on the part of Dikshit in which he admitted breaking US federal law (the 1961 Wire Act) through his involvement in an online gambling website that facilitated casino gambling by American players.

Bodog 12 Days Of Christmas Promotion - Bodog Poker is getting into the holiday spirit by giving players daily chances to get a little something extra in their stockings during the "12 Days of Poker". The 45-tournament series runs from December 21st to January 1st and will see Bodog Poker add over $100,000 to prize pools of these scheduled tournaments.

Uk Land based casino's quiet - Smoking bans and new gambling laws blamed for fall in sales.

NEW JERSEY TO ALLOW REMOTE HORSERACE BETTING - Remote "on premises" betting is gaining in popularity and spreading beyond its high profile use in Las Vegas land casinos, with New Jersey the latest state to approve the concept as it attempts to increase revenues for the troubled racing industry.

Zosoz What went wrong - Just what went wrong at new online poker subscription site.

BETFAIR APPOINTS NEW I.T. CHIEF - In May this year, online gambling group Betfair's top IT man, Rory Devine, handed in his notice, triggering an extensive search for a replacement which ended this week with the announcement that former Vodafone manager Tony McAlister is to replace him.

PINNACLE SPORTS HALTS U.S. HORSE RACING SERVICE - No reason given. American horse racing fans were disappointed this week to find the following discontinuation of service notice on the Pinnacle website:

MFUSE CLINCHES MOBILE DEALS WITH MAJOR GROUP - Gala, Eurobet and Coral online subsidiaries will get mobile sportsbetting facilities early 2009

MOGUL'S PLEA RESURRECTS UNFAIR U.S. LAW ARGUMENTS - Imprisoned execs, discriminatory laws and official intimidation seem to be the order the day with the DoJ.

Velocity grants GameLogic $3 Million - US-based gambling software provider GameLogic has received a cash boost through a $3 million loan from speciality financing company Velocity. GameLogic is best known for its 'PlayAway' concept which avoids clashes with US laws on Internet gaming by combining land and Internet action. 21 land casinos in 15 states are participants in the PlayAway system.

USA online Gambling Market Keeps Growing - Latest Media Metrix numbers show that even under adverse conditions, Americans like to gamble online

Swedish Inquiry on Gambling - The Swedish recommendations released earlier this week suggested some modification to the monopolistic structure which restricts gambling to the state owned Svenska Spel, but confined this to licensing sports betting products to private operators by 2011

CHRISTMAS SLOTS FROM MICROGAMING - Antique airplanes, Christmas decorations and a trip to the Wild West feature in latest game releases.

Lottery Ticket Sellers Winning More Then They Should - Atlantic Lotto clears ticket sellers on allegation of winning more than they should. A study published in April 2007 had found storeowners were winning large prizes 10 times more often than statistically probable.

SNOOKER SCANDAL TRIGGERS POLITICAL ACTION - UK Parliamentary committee to review suspect sport betting. The review will take evidence from sporting bodies and bookmakers, including the controversy surrounding a first-round match in the UK snooker championships in Telford, when betting was suspended by leading bookmakers after a run of suspicious bets on Stephen Maguire beating Jamie Burnett 9-3.

GBP2 million problem gambler loses new bid to sue bookie - Graham Calvert, a 29-year-old greyhound trainer and admitted compulsive gambler in the UK, made the headlines last year with his attempt to claim GBP 2 million from gambling group William Hill plc, alleging a lack of care in stopping him from teleph one gambling

AUSSIE SPORTSBET SECTOR WILL GROW - Latest study shows sportsbetting growth but less casino and lottery action. IBISWorld industry analyst Angela Kidson told the newspaper that the Aussie racing industry had experienced a loss of 9.3 percent in revenue over the 2007/08 financial year.

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