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The Rank Group issued a statement this week, calling for the government to make important changes in the way the tax system works for UK gambling and betting companies. More specifically, the Rank Group called for the government to make monumental efforts to introduce a flat rate of taxes at 15%, which would replace the current system that has over 7 different tax categories.
Loto Quebec came out strongly against criticism leveled at it regarding the decision to introduce online gambling to the province by fall this year. The state run corporation is hoping to bring in $50 million in revenue by 2013 and is doing all it can to introduce the poker and casino sites this year.
It’s not every day that someone becomes one of the 1000 richest people in the United Kingdom, but that is what happened to a perfectly ordinary man on a perfectly ordinary Saturday morning this week. Nigel Page became £56 million richer literally overnight after he shared the top prize of £112 million in the EuroMillions lottery payout this week. Page, who lives in West Country with his partner and their three children, is absolutely stunned with his victory and has already created a long list of people who he would like to help out as a result of his good fortune.
Virgin Casino, one of the best up and coming online casinos in the market, announced ambitious plans that will put this site on par with some of the biggest players in the industry. The casino, part of the Virgin Games Group, said that it would be unrolling no less than 100 games in the coming year. This should provide players with one of the biggest choices available of top quality games from a diverse number of software platforms.
Norway took one step backwards in approving online gambling by voting in favor of a law that essentially bans the transfer of funds between citizens and online gambling operators. The law, which is due to be implemented in June this year, is directed against credit card companies and online payment processors.
The online gambling industry was excited to learn this week that the leading online casino operator, 888 has released five new games across a number of categories, in a bid to appeal to player diversity. 888 boasts literally millions of customers on its player-base and therefore has to ensure that everyone is kept happy with new and exciting game releases on a regular basis.
There is always a lot of excitement when a new online casino hits the scene, and nothing less can be said about the launch of the new casino from the World Club group of sites. There has been a lot of publicity surrounding the launch of Manhattan Slots casino and by the looks of things, rightfully so.
According to a trading update released by online casino and sportsbook operator, Gaming VC Holdings SA, the company shows a 30 percent year-on-year increase in the average daily revenues for the past three months of 166,000 Euros.
Estonia’s foremost land casino operator, Olympic Entertainment Group, announced the launch of the country’s very first online casino. The site, known as Olympic Online.com, offers players a good range of internet betting games and options in Russian, Estonian and English. Olympic said that there are currently 150 games to choose from.
According to reports in the online gambling industry, the current president of GTech’s G2 online gaming division, Atul Bali will be leaving his post at an as of yet undetermined date.
Following the growing trend of mobile gaming around the world, the Las Vegas Hard Rock Hotel and Casino said that it had entered into a strategic partnership with Cantor Gaming to bring the eDeck mobile gaming device to the casino. Cantor Gaming already supplies its quality eDeck to a number of top casinos in Vegas, including the Palazzo and the Venetian.
Sensing that it is inevitable that online gambling will become a reality in the United States sooner rather than later, three former executives from Mastercards have set up a company to serve as a US subsidiary to the UK based payments processor, the UC Group.
FreeLotto.com, which was charged by New York’s Attorney General Office for sending deceptive and misleading promotional material to customers, has been ordered to pay $1.5 million in penalties and fees. In addition, the PlasmaNet group has to refund all eligible customers over the next six months.
Sega Games, which was formed by the Japanese video gaming group Sega Corporation to launch new online gambling brands, has announced that its two new sites will feature responsible gambling measures to ensure “an enjoyable gaming experience.”
A lucrative new deal with Mazooma games will see Betfair carry some great new games in its Arcade section, according to a joint statement between the two groups. The Managing Director of Mazooma, Tony Oliver said that the group is looking to create sustainable partnerships with leading brands to enable it to maximize its content exposure.