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JERSEY TO JOIN ONLINE GAMBLING LICENSING JURISDICTIONS

Posted 2/17/11 : Convincing majority vote for Channel Island to start a regulatory system
 
Politicians on the Channel Island of Jersey, already a burgeoning financial services centre, have voted overwhelmingly to introduce an online gambling licensing regime.
 
Although concerns were raised by one deputy about gambling addiction, the proposal was passed with 38 votes in favour, four against and one abstention.
 
However, further complications that may delay further development by at least a month have since arisen due to the Economic Affairs chairman's insistence on closer scrutiny and an assessment of the proposals. Deputy Mike Higgins said this week that his panel needed more time to assess the proposed regulations.
 
The island government's Economic Development Minister criticised Deputy Higgins' decision to delay the process, saying it would paint Jersey in a very negative light.
 
Senator Maclean said a number of businesses were currently applying for licenses, along with international brand names looking to re-locate to Jersey, and that the new e-gaming business represented income and jobs for the island at a time when they are desperately needed.
 
The Senator said that Higgins' department had been given several months to analyse the legislation, especially after an in-principle debate took place last April.
 
MacLean went on to point out that e-gambling had already created economic diversity in neighbouring Channel Islands like Guernsey and Alderney, where according to independent analysis by KPMG, e-gambling contributed GBP7 million in 2007 for Guernsey coffers, which grew to GBP50 million by 2009, and that future growth was estimated at a further 40 percent.
 
Discussions regarding a licensing and regulatory regime in Jersey have been ongoing since 2006  amid estimates that such a move could generate some GBP 50 million for the island.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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