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Five land betting companies licensed by Czech authorities
At least two of the five land betting companies licensed to offer Internet gambling by the Czech government, Fortuna and Sazka, are now online and operating according to media reports from the region. The latest to launch is Sazka Tip.cz following the issue of licenses last (December) month to Sazka, Fortuna, Chance, Synot Tip and TipSport, with a start date of January 5th 2009.
The Czech authorities are keeping tight control over online gambling with a regulatory regime which licenses only thoroughly vetted and well established land betting organisations, where Internet gamblers must first appear in person to register and provide proof of identity, age and residence before accessing the online services.
Other regulations include a prohibition on third-party access, a requirement that the servers must be located within the Czech Republic and arrangements for fairness verification of the softwares in use by a recognised testing authority.
Licensed companies are subject to regulation and monitoring in terms of the Gaming Act, and will pay administrative and state supervision fees, with a percentage of the income going to charitable causes.
And licensees must sign an obligation to adhere to the European Responsible Gaming Standards.
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Pokerstars Bahamas Main and High Roller Results -
The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.
High Hopes For Pennsylvania Online Gambling -
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.
NJ Warns No Federal Online Gambling Ban -
New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.
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