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EC ASSURES MALTA ON OPEN BORDERS FOR ONLINE GAMBLING

The importance of Malta as an European online gambling jurisdiction was underlined this week when the head of the European Commission's Internal Market and Services division, Charlie McCreevy visited the Mediterranean island's Malta Gaming Authority and praised its officials for their professionalism.
 
More imporantly, perhaps, the Commissioner assured the Authority that he is determined to enforce EU law to ensure open borders for the online gaming industry.
 
McCreevy and his division has been a tireless advocate for the end to state monopolies and a fair and non-discriminatory gambling industry that allows the free movement of services between EU member nations.  He has issued warnings to 10 member states to either change their monopolistic gambling policies or face prosecution before the European Court of Justice, and his efforts appear at last to be bearing fruit with significantly positive moves from some governments.
 
The European Court of Justice has classified online gaming as a service which falls within the principles of freedom of movement of services, something which McCreevy has repeatedly emphasised. 
 
Malta is home to a flourishing online gambling industry, currently employing around 1 500 people.
 
McCreevy briefed officials on progress being made by the EC, saying that some countries were making changes by lifting restrictions, and he was determined that others should follow suit.
 
The island government's Finance Minister, Tonio Fenech, agreed with the Commissioner's position and said that the principle of the open market applied to online gaming.
 
"Some member states are raising moral issues, but this is clearly a protectionist approach to allow monopolies and limit competition," Fenech said, adding that Malta is insisting that the Commission proceed with infringement proceedings against the countries involved.

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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.

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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.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

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.

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