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BERMUDA OPPOSITION WARY OF U.S. ANGER
Reports earlier this week in the Bermuda newspaper The Royal Gazette that the government is considering setting up buisiness as an online gambling jurisdiction have been followed by warning signals from the Bermuda official opposition party concerned that US reaction may be unfavourable to Bermuda's financial services industry.
Shadow Finance Minister Bob Richards cautioned that embracing Internet gambling would be like "waving a red flag to a bull" to anti-gaming authorities in the United States.
Richards said that such a move risks angering American officials who have tried to stamp out Internet gambling and have already clashed with Antigua and Barbuda over its position as an online gambling centre.
He told The Royal Gazette that he believes any perceived link between Internet gambling and money laundering could also jeopardise Bermuda's reputation as a clean host for international business.
"We don't want to go down the same road Antigua went down," he said. "The risk is it would be like waving a red flag in the face of a bull, and the US is not the kind of bull you want to be charging at you."
He said online gambling could make money laundering more difficult to stop as cash is transferred online from one account to another.
"We are trying our very best to keep our reputation pristine as far as money laundering is concerned," the Shadow Minister said. "We are quite frankly inconveniencing people a great deal with this anti-money laundering stuff. The purpose is to keep Bermuda's reputation clean.
"We have an international business sector here that Bermuda is dependent on. Doing something like this could put this in jeopardy — just by putting this in the wrong place at the wrong time."
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Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
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The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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