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UKRAINE GAMBLING BAN IS IMPLEMENTED
Following the recent backdown over the presidential veto by President Viktor Kuschenko of the Ukraine, the gambling ban has been imposed with immediate effect in the Ukraine, reports Ukra News. And the ban includes online gambling.
The text of the law was published in the Holos Ukrainy (Voice of Ukraine) newspaper, on June 25, enforcing the vote of the Verkhovna Rada despite President Kuschenko's appeals for a more considered approach, and his unsuccessful attempt to exercise his veto to effect this.
The law defines gambling as the activity or organisation of gambling games for profit in terrestrial casinos, via slot machines, at bookmaker’s offices, and in virtual casinos. It also covers any game requiring betting, allowing rewards for wins, and which fully or partially depends on the element of chance.
Exceptions include: Lotteries, art contests, billiards, and certain other games such as pickup reward machines that depend on player dexterity or those for charitable causes.
The law makes provision for punitive measures against offenders and the confiscation of gambling equipment
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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