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.
IS GREECE ON A COLLISION COURSE WITH THE E.C. OVER ONLINE GAMBLING?
Sunday July 31,2011 : Finance minister's comments highlight an apparent disregard for the European Union's enforcement arm
One of the critical elements in the resolution of Greece's perilous financial situation is the fate of state gambling monopoly OPAP and the legalisation of online gambling that could enhance its value. Both are essential components in the nation's undertakings to the EU and IMF to meet its debt obligations by selling off state assets.
However, developments in Greek politics this month have increased confusion over how the government intends to dig itself out of the worst financial crisis in its history.
Regarding online gambling, the Greek legislative proposals did not meet with the full approval of the European Commission and can therefore safely be regarded as not compliant with EU law. The Greeks have apparently decided to push ahead with their proposal despite this, risking infringement proceedings and a possible trip to the European Court of Justice; the bill is now being driven through parliament, wrapped in a must-pass financial bill.
In terms of the Greek proposal, licensed operators would have to set up a subsidiary based in Greece, locate gambling servers in the country, and process transactions exclusively through Greek banks – all measures “that appear to restrict the freedom to provide services” within the EU, according to the EC opinion.
Earlier this week the Greek finance minister, Evangelos Venizelos, caused a stir by suggesting that the cash-strapped government may not sell its full 34 percent stake in gaming monopoly OPAP by the fourth quarter this year as promised.
"We have not pledged to sell OPAP; we have pledged that we will have revenues from OPAP (to reduce) the public debt," Venizelos told the Greek parliament. "The cabinet will appraise what is the best way to raise the revenues targeted."
Venizelos said a draft gaming law will considerably strengthen OPAP and the premium that goes with appointing the management of the company, which the government currently does through its controlling stake.
"This premium is very large," Venizelos told lawmakers. "OPAP's value is not only its shares but also the value of exercising its management," he added.
He revealed that the government additionally expects to raise about Euro 400 million from extending OPAP's licence, which currently expires in 2020.
Unlike most of the assets earmarked for sale in Greece's privatisation plan, OPAP is debt-free and profitable. The state's 34 percent stake has a market value of about Euro 1.17 billion.
The sale of a 34 percent stake in OPAP to a strategic investor that would also take over management is projected to raise at least Euro 1.2 billion, and the sale of the online gaming licenses could realise a further Euro 500 million, the finance ministry estimates.
Venizelos said that his country stood by its EU/IMF privatisation targets.
"We have a clear target to present Euro 1.7 billion from privatisations by the end of September and Euro 5 billion by the end of the year. If we don't come up with this we won't be credible and put the financial support package at risk," he said.
As part of measures to boost OPAP's value, Venizelos said that it will receive an exclusive licence to operate all the 35,000 video lotto machines (VLTs) to be set up in the country as part of gaming liberalisation.
OPAP will operate 16,500 of these machines itself and sub-contract the rest to between four and 10 other operators, he said.
However, this measure has itself come under attack by critics, who suggest that the move is intended to discourage international gaming operators from entering the Greek market, thereby allowing local interest groups to gain an unfair advantage in dividing it up, in conflict with the main goal of raising the most cash to address the country's crippling debt burden.
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Betsoft Gaming In Deal With SuprNation -
Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.
Ladbrokes New SPonsor of The Hennessy Gold Cup -
The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.
Ladbrokes Appoints Annemarie Durbin -
Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.
Olympus Slot Pays $210k Jackpot to USA Player -
“I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”
Divine Fortune SLot Launches -
NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.
2 Huge Wins at Bovada Casino -
Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.
China Internet Clean Up Campaigns -
The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:
AOPA to campaign for poker to be left alone -
The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.
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.