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Argentina Government working on plans to allow online gambling
The Latin American country of Argentina was the source of good news midweek as the Dow Jones news agency reported that plans are afoot to legalise and regulate online gambling.
Presidential Cabinet Chief Anibal Fernandez told Dow Jones Buenos Aires: "We're working so that this will become law within two or three months," adding that it could take longer and possibly up to two years.
Fernandez said that the move was targeted on combating illegal gambling that is already in existence. His comments come on the heels of speculation that the government would use online gambling taxes to make a contribution to the fiscus and help finance recently acquired rights to broadcast soccer matches.
Fernandez neither denied nor confirmed that gambling could be used to finance soccer. "That's another subject," he said in comments to reporters on the sidelines of a Council of the Americas conference.
The progressive Argentinian approach is in stark contrast to reports earlier this week that Brazilian politicians plan to outlaw online gambling, deploying UIGEA-style tactics and ISP blocks.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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