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Danish Online Regulation Nears

5/21/10 - Those canny Danes…in bowing to European Commission pressure to open up the online poker market, legislators have made sure their state monopoly Danske Spil gets a good start when online poker licensing comes into effect.
New Danish online gambling laws will on paper see the start of a more competitive online poker market on July 1st 2010, when online poker operators wishing to offer their services in Denmark will require a licence.
From Danska Spil’s perspective, this is where the clever bit kicks in - these licenses won't be available to foreign sites until January 1, 2011; giving state monopoly Danske Spil – which is of course already licensed - a clear and unopposed run in the market for six months.
The government has been quick to warn off any operator who may try to preempt the Danske Spil licensing advantage, claims the regional magazine “Ace”, which reports that government spokesmen have hinted that ISP-blocking action may be taken to ensure that Danish players don't participate in games on sites that are not in possession of a Danish licence.
Danish player message boards are now starting to carry suggestions that those playing on unlicensed sites at present may find it wise to keep funds on account to a minimum in case government clampdowns after July 1st make withdrawals a problem. The consensus appears to be that attempts are being made to get as many Danes as possible onto the state site whilst it has the market to itself.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

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.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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.

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