No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Cyprus: Illegal gambling costing the state billions
A combination of illegal land gambling and Internet casino availability is costing the economy of the Mediterranean island of Cyprus Euro 2.5 billion a year, reports the Cyprus Mail. The newspaper was quoting a statement to the House Institutions Committee by Finance Minister Charilaos Stavrakis, who was bombarded with deputies’ questions as to why no law exists that bans or regulates online bets.
Cyprus has become a widely used centre for online gambling e-cash processing companies.
Deputies were informed that membership of the European Union means that Cyprus has to tread carefully around any attempt to interfere with the principle of free movement of goods and services between member nations, and this was complicating the situation. Nevertheless, the government is prepared to seek an exception from the principles as far as betting and gambling is concerned in order to protect the local industry.
In 2004, the Finance Ministry commissioned international consultants to draft a law regulating electronic gambling in general, but the proposal became mired in controversy when allegations surfaced that its authors were linked to gambling interests, and the project was shelved.
The ministry is now making a second attempt, the Cyprus Mail reveals. New legislation is currently being drafted that would give Cyprus an exemption from complying with the EU free movement of services requirement as far as betting and gambling is concerned.
Minister Stavrakis says that the bill, which he describes as a long-shot but intends to fast-track, will have to be approved by the European Commission.
“It pains us to see that Cyprus has become a free-for-all when it comes to illegal gambling,” chairman of the House Institutions Committee Ricos Erotokritou told the newspaper, coming out of yesterday’s session.
Currently, the only tool available to Cypriot police is to catch illegal gambling establishments red-handed, reports the Mail. It is known that many sports clubs and cafes double up as betting places.
Despite stepping up their efforts, police openly admit they are fighting a lost cause as illegal gambling on the island has proliferated.
Police officials told the House committee yesterday that penalties for operating an illegal gambling operation are not a sufficient deterrent—offenders pay a Euro 1 500 fine, but make many times that amount in profits. Often, police told deputies, busted owners of such establishments will call their supplier and order new computers - in plain sight of the police - as their equipment is being seized.
Over the past two years, police raids have confiscated some 5 000 computers. They have also located two servers hosting online gambling games, where an estimated Euro 6 million was wagered.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
William Hill Chairman Not Stepping Down -
There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.
Canadian Lottery Looking at Online Gambling -
The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.
Red Riding Hood Online Slot Launched -
The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.
Super Heroes Slot Launches -
When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.
Playngo in Deal With Betclic Everest Group -
Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.
2016 Italian Poker Tour main event in Malta -
After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.
Betradar in Deal with OPAP -
Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.
2016 888poker Make It Big Tournament -
A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.