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REMOTE GAMING ASSOCIATION APPLAUDS E.U. PARLIAMENT VOTE

Tuesday  November 15, 2011 :  Vote on internet gambling regulation marks a distinct change of posture
 
The Remote Gaming Association, which represents many of the UK's leading online gambling companies, has joined other representative bodies in applauding Tuesday’s EU Parliament vote on internet gambling.
 
The Association said in a statement that the resolution demonstrates a clear shift in understanding and support for the European licensed online gambling sector.
 
"In particular, it presses the European Commission to ensure compliance with EU law and to pursue infringement proceedings against Member States that unjustifiably restrict access to their gambling markets," the statement notes, approving in particular support for:
 
* The provision of well-regulated online gambling services;
 
* Cooperation between national gambling regulators;
 
* The need to avoid unnecessary licensing duplication and administrative burdens;
 
* Notes that licensed betting operators help protect the integrity of sport;
 
* That more progress should be made on addressing infringement cases; and
 
* That the Commission should take action against violations of the EU Treaties.
 
“The European Parliament’s resolution demonstrates a marked change in approach," said the RGA's chief executive, Clive Hawkswood. "It now wants to regulate rather than prohibit, and it is pressing the Commission to act against Member States which unjustifiably restrict access to their gambling markets.
 
"The resolution is clear, reminding the Commission ‘of its duty to act swiftly upon receipt of complaints about violations of the freedoms enshrined in the Treaties.’ The licensed private remote gambling sector is in full support of those remarks,” he added.
 
Hawkswood drew attention to the efforts of the licensed private remote gambling sector, which has already been working to deliver European-wide standards, as promoted by the European Parliament’s resolution, most notably through the Responsible Remote Gambling Measures agreed with the EU recognised European Committee for Standardisation.
 
“The Parliament’s resolution insists that licensing procedures must be transparent and non-discriminatory, and avoid unnecessary duplication of requirements and controls carried out in Member States," says Hawkswood.
 
"There is no evidence that introducing a well-regulated licensing regime with multiple operators presents any more concerns than a monopoly. It is clear that Member States are increasingly coming to that conclusion.”
 
The RGA is not entirely happy with the vote, noting that it is disappointed that it includes a reference to a property right for sports event organisers from betting.
 
"This follows increasing lobbying by wealthy sporting bodies to unjustifiably manufacture new income from betting products in addition to the large amount of commercial income they already receive from the gambling sector," the RGA observes.
 
Hawkswood cautions against too much optimism, noting that fundamentally the EP vote is a non-legislative process.
 
"The next steps in relation to the Parliament’s resolution and the Commission’s deliberations regarding its Green Paper exercise are unclear. In the meantime, we will continue to work with receptive and forward thinking Member States and to press the Commission to enforce EU law,” he said.

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Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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