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.
online gambling legalisation in Greece is imminent
Investment publication says online gambling legalisation in Greece is imminent
The investment publication Seeking Alpha carried a detailed article on the Greek gambling monopoly OPAP this week, delving into its history and the challenges of the Greek economy, tax and regulatory changes that will see the introduction of a more enlightened approach to online gambling.
The article notes that although OPAP controls 50 percent of the market in Greece and Cyprus, the remaining fifty percent comes from presently illegal internet gambling, a substantial reservoir of business that if legalised could considerably enhance OPAP’s profitability.
“It is estimated that illegal, online gaming in Greece generates revenue amounts comparable to OPAP’s top line numbers,” the article points out. “This means that currently OPAP only controls half of the market share despite having a legal monopoly, however this may soon change in OPAP’s favor.
“The Greek government has indicated that it plans to tackle this issue and is set to allow legalised forms of online gambling within Greece so that OPAP can compete with the illegal operators.
“The Greek government has begun discussions regarding how to combat illegal online gaming and whether portions of online gaming should be legalised.
“The next step in these discussions was a resumption of legislative discussions on September 12, 2010 [as of September 16th we are not aware of a public update]. The Finance Ministry estimates that illegal online games revenue is about Euro 4 billion (approximately $5 billion US Dollars).”
Seeking Alpha goes on to suggest that the Greek gaming market will expand to legalise online gambling, and that OPAP will capture most if not all of this market because of its exclusive gaming contract with the Greek government, including a right of first refusal on all gaming in the nation.
OPAP’s average 10-year Return on Equity is roughly 100 percent and the organisation employ’s almost no debt. Earnings have increased a total of 30 percent from 2005 through 2009, while OPAP’s price declined 65 percent.
The Greek government owns 34 percent of OPAP’s shares, one of the reasons why OPAP pays out almost all of its earnings (80 percent) to shareholders via dividends. The group earned an average of Euro 572,000,000 over the last 5 years.
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 :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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.