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YUSCHENKO BACKS DOWN ON UKRAINE GAMBLING ISSUE
According to reports in Ukra News the stand-off between Ukraine president Viktor Yuschenko and the opposition political party over the immediate closure of all gambling venues located in residential areas has ended in defeat for the president, who had earlier exercised his right of veto after the Verkhovna Rada voted for the new law on May 15 following a fatal fire in a gaming house.
President Yuschenko, under pressure from commercial gambling companies threatening job losses, had vetoed the new law on June 4, saying that although he agreed with the concept it was an issue that needed further study due to its far-reaching implications and could not be immediately implemented without serious constitutional consequences.
The opposition threatened to override the president's veto on June 11, and this week a presidential spokesman announced that the president had signed the bill into law
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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