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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.

Bulgaria Online Gambling Tax Rate May Be Cut In Half - Tuesday May 15, 2012 : Bulgaria's punitive online gambling tax regime may be in for a rethink, with sources indicating that on June 1st the tax rate will be halved. Doubles Revenue - Tuesday May 15, 2012 :Despite posting a net loss, which it attributes to increased investments in marketing, the company posted a 64 percent rise in revenue compared to the same period last year, progressively moving towards a return to profitability.

POLITICIANS DOING WELL OUT OF ONLINE GAMBLING ISSUES - Tuesday May 15, 2012 : The LA Times carried an interesting article on political action committee and lobbying donations this week, focusing on attempts to influence and support the legalisation of online poker in California.

SINGAPORE REPORTS PROBLEM GAMBLING NUMBERS - Tuesday May 15, 2012 : Answering a parliamentary request for information this week, Singapore Minister for Health Gan Kim Yong said that an estimated 1.4 percent of Singapore punters are possible pathological gamblers, well within international norms.

Underage Gambling Concern For Vegas Online Gambling - Tuesday May 15, 2012 : Nevada’s Gaming Policy Advisory Committee, revitalised earlier this year by Governor Brian Sandoval as online poker legalisation moves progressed met for the second time Monday to listen to security experts on ways to keep the underaged and cheaters away from internet gaming sites, reports CBS.

777 Dragon Casino boasts high payouts in March 2012 - Monday May 14, 2012 : 777 Dragon Online Casino has recently reported that they paid out 101.41% in March 2012.

JAPANESE FIRM IN TAKEOVER BID FOR BUONGIORNO - Monday May 14, 2012 : Buongiorno S.p.A., the parent company of Italian and French internet gaming brand Winga, is the target of a takeover bid by Japanese mobile services firm NTT Docomo Inc. via its German subsidiary Docomo Deutschland GmbH.

Loch Ness Loot SLot Now Live on RTG Casinos - Monday May 14, 2012 : The game features animated, cartoonish iconography that include treasure - the scatter symbol and Nessie - a substitute for all symbols including scattered Treasures.

New Jersey State residents oppose legalised online gambling - Monday May 14, 2012 : Despite referendum results to the contrary, a recent Fairleigh Dickinson University PublicMind Poll found that 58 percent of New Jersey State residents oppose legalised online gambling, while 31 percent are in favour.

US CONFERENCE TO TACKLE EGAMING - Monday May 14, 2012 : Internet gambling and sports betting will again be a hot topic at a US conference this week when delegates gather for the East Coast Gaming Congress on Wednesday and Thursday in Atlantic City.

British industry in general has not fared wel - Monday May 14, 2012 : The independent research organisation IBIS World has released its latest updated study of the general gambling industry in the United Kingdom, concluding that it is in a much better place than 10 years ago, but that it has not fared well during the past five years.

MALAYSIAN COPS HUNTING DOWN ONLINE GAMBLING OPERATORS - Monday May 14, 2012 : In the latest development in the Malaysian federal police's fight against illegal online gambling, the specialised CyberSecurity and Multimedia Investigation Division of the Commercial Crimes Investigations Department has been tasked with tracking an unspecified number of online gambling sites offering a wide array of bets.

Julian Gardner Wins Scoop $1,000 buy-in Pot-Limit Omaha 6-Max - Monday May 14, 2012 : Gardner's slight chip lead on his opponents, along with a good turn of the cards in the final hand, enabled him to claim the main prize, leaving Mercier and Galfond with $114,606.67 apiece.

Yahoo CEO Scott Thompson Is GONE - Monday May 14, 2012 : The furore around the qualifications of Yahoo's latest chief executive, Scott Thompson , is thought to be behind his departure from the company over the weekend after only five months in office, although Yahoo did not give reasons.

SPANISH INTERNET GAMBLING TAX SHOCK - Monday May 14, 2012 : Just weeks before the first Spanish online gambling licenses are due to be issued, the Spanish authorities have sprung an unpleasant and possibly game-changing surprise on potential licensees, demanding that applicants pay backdated tax for the last four years.

twoplustwo poker forum Back Up - Monday May 14, 2012 : Two weeks after going off offline following a hacker attack, the popular twoplustwo poker forum was back in business over the weekend.

Irish Gambling Initial taxes will raise Euro 50 - Saturday May 12, 2012 : Ireland's politicians are gearing up to pass a bill before the summer recess of parliament that will impose a tax of 1 percent of turnover on internet gambling companies handling Irish bets, and more on betting exchanges reports the Irish Examiner.

New Jersey Gambling Bill Vote on May 31 - Saturday May 12, 2012 : New Jersey state Senator Ray Lesniak has announced that the Senate version of his bill seeking to legalise intrastate online gambling controlled from Atlantic City land casinos will be put before the Senate for a vote on May 31.

TITAN POKER STOPS NEW SPANISH SIGN-UPS - Saturday May 12, 2012 : Several online poker affiliate sites are reporting that they have been advised by Titan Poker that its brands are no longer accepting Spanish new player sign-ups.

Nutblocker Closes - Saturday May 12, 2012 : After some eighteen months of operations the poker educational website and magazine has called it a day, citing innumerous technical difficulties.

GALA CORAL SOLD FOR GBP 205 MILL - Saturday May 12, 2012 : Rank Group plc execs and their counterparts at Gala Coral have quickly reached agreement on the acquisition of the latter gambling group for GBP205 million, after returning to the negotiating table earlier this week .

TIPP24 EXECUTIVE APPOINTMENTS FOR LOTTO24 - Friday may 11, 2012 : Tipp24SE's strategy to spin off the future Lotto24 AG has taken another step forward with the appointment of Petra von Strombeck and Magnus von Zitzewitz to the executive board of the new company.

INTERWETTEN ADDS F1 CIRCUIT SPONSORSHIP - Friday, May 11, 2012 : Other Interwetten sponsorships include the World Series by Renault, the successful Interwetten Paddock Grand Prix Team, which races in the Moto2 class, FC Sevilla in Spain and five clubs in Italy's Serie A.

Fortuna Group announced its first quarter 2012 results - Friday, May 11, 2012 : Central-European fixed-odds betting operator Fortuna Entertainment Group announced its first quarter 2012 results delivering double-digit growth in its Gross Win figures and strong performance from its online business.

Sportech PLC released an upbeat trading update Friday - Friday, May 11, 2012 : Retail betting venues and telephone betting business shows good progress reporting betting handle up 4.5 percent on last year, which the company boasts is double the industry average.

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