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Did PaddyPower Break UK Sanctions With Kim Jong
Tuesday January 14 ,2014 : BIRTHDAY GIFT DID NOT BREAK U.N. SANCTIONS, SAYS GAMBLING FIRM
All we did was give North Korean dictator a whiskey set, says Paddy Power.
Courting controversy to generate publicity is one thing, but breaking international political and business sanctions is quite another, and is a point worth considering by online gambling marketers following media reports in the UK media this week.
The issue surfaced after reports that online and land gambling group Paddy Power had partly sponsored a basketball-diplomacy initiative by Dennis Rodman, a former American NBA star who is friendly with Kim Jong Un, the dictator of reclusive and human rights-challenged North Korea.
Paddy Power subsequently dropped the sponsorship, but not before it had generated loads of international publicity around its association with the North Korean leader.
That, and reports of birthday gifts to Kim Jong Un of Irish crystal, whiskey and other luxuries, prompted the Associated Press news agency to question whether, in its quest for coverage, the gambling company and its basketball frontman had broken UN sanctions imposed on North Korea for its alleged arms-grade nuclear ambitions.
UK news reports over the weekend claimed that Paddy Power has issued a statement to South Korean news outlets, clarifying that it had in December sent a bottle of Irish whiskey, a decanter and two glasses for Kim Jong Un's 31st birthday - presumably via Rodman - but that this hardly constituted a breach of UN sanctions.
Other reports indicated that Paddy was more generous than that, and had provided around six thousand pound's worth of classy clob as well...still hardly a major international sanctions breach!
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Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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