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IRELAND TO LIBERALISE GAMBLING LAWS ?
It looks as if Ireland may be joining the European trend to a more liberal but regulated approach to all forms of gambling, following a statement Friday by the Minister of Justice Dermot Ahern.
The Irish Times reports that Ahern has signalled his intention to liberalise the State's gambling laws by legalising casinos and creating a new regulatory authority for all forms of gaming.
Ahern told The Irish Times that existing laws on gambling were "past their sell-by date", but added that no changes would be made until cross-party agreement was reached and the public had been consulted on the issue. Most parties had agreed to the proposal to set up a cross-party committee on gambling but talks were continuing, he said.
Under the 1956 Gaming and Lotteries Act, [land] casinos are illegal, but there are up to 50 private members' clubs offering roulette, blackjack and other casino-type games around the country. Asked if he intended to close these clubs down, the Minister replied: "We are past the day when we can outlaw them. What we need to do is regulate them in a way that is fair."
Ahern promised to publish in the near future the report of the inter-departmental Casino Regulatory Committee established by his predecessor (see previous InfoPowa reports). It is believed that this document recommends legalisation of moderately sized venues under strict regulatory controls with solid protection for players and vulnerable individuals.
It is also understood that the McDowell report is strongly against allowing fixed odds betting terminals in bookmakers' premises or pubs but may consider allowing them on licensed gaming premises.
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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.
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.
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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