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More Details on Future CNBC Gambling Program
12/11/09 - The December 16 CNBC program on illegal gambling (see the InfoPowa report earlier this week) will include the online aspects of gambling and the current US legislative situation, according to a CNBC update published here: http://www.cnbc.com/id/34366018
Although the main thrust of the report seems to be focused on sportsbetting in the USA, the pre-screening blurb includes the following information: "From sports betting to online casinos to high-stakes poker, a high percentage of the betting is placed illegally, according to the soon-to-air report."
The publicity release notes that the program will conclude with the debate over legalising gambling. "It's an argument that is gaining traction in Washington and CNBC speaks with congressmen from both sides of the argument - Congressman Jim McDermott, a Democrat from Washington State and the sponsor of a bill that would regulate and tax online card games and Congressman Bob Goodlatte, a Republican from Virginia and author of "The Unlawful Internet Gambling Enforcement Act."
World Sports Exchange founder Jay Cohen is also interviewed as one of the online offshore pioneers in Internet sportsbetting who returned to the United States to fight the "servers offshore" argument in court and ended up serving a 2 year sentence under the outdated Wire Act of 1962
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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