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NEW RESTRAINTS ON UK ONLINE GAMBLING IMMINENT

Sunday July 10,2011 : Culture Secretary's review spurred by Black Friday
 
The events of Black Friday in the United States  have probably added momentum to British Culture Secretary Jeremy Hunt's review of UK online gambling, The Guardian newspaper reported over the weekend.
 
Hunt is preparing to radically overhaul online gambling licensing rules, reportedly to ensure that the Exchequer gets his cut through new advertising restrictions on offshore operators, and British players are better protected.
 
A spokesman for the Ministry told The Guardian that the events surrounding Full Tilt Poker highlights "...why the government is looking at reforming how overseas-based operators are regulated," adding that the ministry hopes to make an announcement in the next few weeks.
 
The UK government recently completed a wide-ranging consultation on online gambling. Under current rules offshore companies can advertise and operate without being licensed by the UK Gambling Commission as ministers rely on the strength and integrity of approved overseas regulators, particularly those within the EEC.
 
Full Tilt and its bigger rival PokerStars have spent millions advertising in British media in recent years and are among the most popular sites with UK players.
 
Pokerstars, which is licensed in the Isle of Man, appears to have emerged from the US debacle rather better than its rivals, refunding US players and avoiding scandal.
 
This is in contrast to the other two companies involved in the American enforcement action, Full Tilt and the Cereus network, which have yet to pay players and have been found wanting in useful public communications, losing business and traction in other markets due to (in the case of FTP) suspended licensing.
 
The Guardian approached the Isle of Man to enquire if it applies a "fit and proper" test to licensees, and was told by Steven Brennan, chief executive of the Isle of Man Gambling Supervision Commission: "The GSC thoroughly checks and vets every director and key official of any online gaming company ... It has the authority, and has used it, to turn down any company where it feels the company or the owners could bring the island into disrepute."
 
The Isle of Man appears to have more stringent ring-fencing requirements on player deposits than other jurisidictions.



Gambling News :

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

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 - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - 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.<

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