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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.

SOUTH KOREAN GAMING MARKET A PEARL - Online gaming market could reach $1.7 billion by 2009

Pacific Net Settles Bond Holders Dispute - The Asian online and mobile gaming technology provider PacificNet Inc., has reached a settlement in its litigative dispute with bondholders in a Delaware federal bankruptcy court, where the plaintiffs had sought Chapter 11 relief.

AUSTRIAN BETTING ON THE INCREASE - Research firm says overall revenues have increased 10 percent. Austrians spend an average of Euro 240 per person a year on gambling, increasingly at online gaming sites, the study found

BWIN'S BID TO SUSPEND ONLINE GAMBLING BAN FAILS - Cologne Court refuses to suspend German bans, but Bwin vows to continue the fight. Online gambling group Bwin had a disappointing result this week in its bid to get the German states' ban on Internet gambling suspended pending a federal court ruling on the issue.

RGA REJECTS PROBLEM GAMBLING CLAIMS - RGA members are punching above their weight in donations. A report on problem gambling in the UK newspaper The Observer has members of the Remote Gaming Association up in arms.

PROPOSED DUTCH TAX RATE ALMOST 41 PERCENT - But Dutch Senate says that taxation doesn't imply approval.The mechanics of implementing the suggested and rather draconian 40.85 percent tax are still to be finalised, but it will be based on revenues generated and will include winnings by online gamblers.

New Slot From backgammon Master - Backgammon, which claims its own in-house gambling software development team, has launched a new video slot branded AstroPay with the goal of giving its players a complete casino experience by adding to its Blackjack, Poker and Backgammon games and tournaments.

New Microgaming Casino - The newest online casino to appear on the market this week is powered by the Isle of Man based Internet gambling software and games provider Microgaming and carries Malta LGA licensing.

WMS CAN CLAIM MORE CASH FROM PARTY GAMING - Appeal court decision makes a claim of $287 million possible. Gibraltar-based online gambling group Party Gaming could be facing a multi million dollar trademark infringement damages claim from WMS Gaming following a US Court of Appeals ruling this week.

SPIN3 LAUNCHES FIRST iPHONE REAL MONEY CASINO - Three casino faves custom made to support iPhone and iPod Touch handsets.

Real Money Dominos - From family entertainment to online skill game for cash. GamesGrid, a subsidiary of the UK skill games provider GameAccount has added Domino Duel, a real-money, peer-to-peer online version of dominoes, to its range of skill games.

CONTROVERSIAL PREMIUM CHARGES FROM BETFAIR - But less than 0.5 percent of clients will be impacted, says betting exchange.

I-GAMING TAX BILL CLEARS DUTCH SENATE - Dutch politicians appear to widely favour the bill, mainly because it helps to ensure that: "illegal online gaming is not given advantage over gaming in the real world", a reference to the Holland Casino in which the state is principal shareholder.

NAM LE TAKES APPT HIGH ROLLERS EVENT - $474 358 payday for American-Vietnamese poker pro.Nine survivors of a tough two day competition in the Asia Pacific Poker Tour High Rollers tournament started an 11 hour final table battle for supremacy this week, seeking to unseat a dominant chip leader in David Steike

PokerStars WCOOP event 6 features major six figure payouts - Event 6 - the $530 buy-in NLHE online tournament at the WCOOP attracted a massive entry of 7 351 players for Sunday afternoon's start, all chasing a guaranteed $3 million prize pool which had swelled to $3 675 500 by the time the last registration was completed.

USDBET GOES UNDER - Futurebet operation believed to have owed appears to have finally bitten the dust, with visitors to the website redirected to the portal for some weeks and an unknown number of players still awaiting payment.

TOP POKER PLAYERS SIGN WITH ASIAN LOGIC - APT Macau a fertile recruiting ground for London listed company. London-listed Asian Logic, announced this week that JC Tran, Quinn Do and Nam Le have signed up to represent the APT on the world poker market.

DoylesRoom 50 Seat guaranteed This Saturday 9/13/08 - Play your cards right and your $22+2 buyin could take you to the premier poker event of the season. The Main Event Super Saturday $250,000 Guaranteed Tournament

Bwin Turkish License - The Reuters news agency reports that Vienna listed online gambling group Bwin Interactive Entertainment has flagged a Euro 2.25 million ($3.22 million) hit after a project to obtain a sports betting licence in Turkey failed.

New LadBroks management - The executive committee of UK online and land gambling group Ladbrokes’ has reallocated management responsibilities, with the md of remote betting and gaming, John O'Reilly, taking on additional responsibilities.

New Chairman For VC Gaming - The European gaming operator Gaming VC has appointed Lee Feldman as non-executive chairman, in place of Adrian Smith. Feldman was previously a non-executive director of Gaming VC.

Alain Roy Wins Cannes Poker Tournament - In a tough four day tournament characterised by long hours at the felt, Frenchman Alain Roy was victorious in the Partouche Poker Tour Cannes Main Event, over the weekend

New Neteller partnership - Groups ink five year online co-branded payment wallet and joint marketing agreement.

1.5 MILLION SIGNUPS FOR PUREPLAY - $4 million in cash prizes disbursed by US-legal poker site. PurePlay is also attracting players with its $10 000 Classic Tournaments and continuous opportunities to win cash with no risk, no buy-ins and no deposits.

BETFAIR SHRUGS OFF TOUGH TIMES - New CEO says company is on track to meet predicted 30 percent sales growth

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