Archive for the 'Casino News' Category

US Continues The Crackdown On European Gambling Companies

Tuesday, March 11th, 2008

The EU opened  an investigation  whether U.S. prosecution policy  of foreign online gambling companies are discriminatory, and stand against the way for action at the WTO.Following European online gambling companies  complains   that the U.S. Department of Justice singled out foreign online gambling companies.

“The U.S. has the right to address legitimate public policy concerns relating to Internet gambling, but discrimination against EU companies cannot be part of the policy mix,”  said in a statement. the EU Trade Commissioner Peter M.
The Commission annaounced  it would investigate  complaints over the next  months and will conclude decision  whether to launch WTO proceedings against the US.

The US  came into clash against   the EU  countries and other countries outside the EU after it neglected its  commitments to opening up its gambling market no US  companies and then introduced legal measures in 2006 to cut off that access totally

U.S. Justice Department spokesman refused to comment on the WTO decision

EU companies complain the United States allows  U.S. companies offering Internet  betting to continue operating, in the same time it banns non us online gambling companies

“Our basic approach is that we don’t want discrimination between operation nationality in this area,” the EU Ambassador to the United States John Bruton said in an interview with Reuters reporters in Washington.

As part of a U.S. crackdown on Internet gambling, two founders of payments processor Neteller were arrested last year and BetOnSports also pleaded guilty to U.S. racketeering charges and agreed to cooperate in a case against the company’s founder and other co-defendants.

Clive Hawkswood, chief executive of Europe’s Remote Gambling Association, welcomed Monday’s announcement by the Commission and said companies hurt by the U.S. market closure were suffering a “double whammy” of being prosecuted while U.S. rivals were not.

“By any analysis, the U.S. policy is fundamentally unfair, and we are delighted that the Commission shares our concern and alarm,” he stated

“The U.S. simply needs to end its discriminatory prosecution of EU companies, and their shareholders, who have after all been out of the U.S. market for almost two years now.”

Gambler Sued The Online Casino:”Why Did You Let Me to Gamble?”

Tuesday, February 19th, 2008

Compulsory gambler sued today reparation in the sum million British Pounds from an online casino in UK, as amount of the losses that accumulated since he requested from the online gambling company to prevent from him to gamble.

Grahm Kilbr a Dog Tame age 28, requests a from company William Hill to prevent him from gambling at their site because because he is not responsibe for his gambling addiction . ” the company exploited the problem of the gambling from which he suffers order to earn as much as possible “, said his lawyers, in the court in London.

“The economic implications and the personal implications of from the losses due to to failure of William Hill online casino to adopt reasonable measures in order to prevent from him to gamble there were destructive as likely “, added the Lawer. Klbrt, that dwells in the southeast England, claim because that he requested a director 2006 from the company to prevent upon him to gamble, but this it’s possible her him in the time and place later to open a new account. Between his losses, 347 thousand British Pounds that lost all at once when betting that United States will credit in the tournament of the golf.

The lawyer of Kelbert said that the company of the defendant ” claims because of their right to work as they worked without contact to the implications of the personality on the gamblers inasmuch as that speaking on a mature person “. This in spite of that clear from visibility and data that they by themselves demonstrated that they were aware properly so that the complainant Himr on money of cash in the way is not controlled and destructive ”

It is interesting that Mr Kelbert is also charged with illigal holding of drugs and weapons……..

We in CasinoFocus.Net urge you to read the responisble gambling section before you play in online casinos

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Online Casinos Lose Trust Seals

Monday, February 18th, 2008

Online casinos and Online Gaming Regulation and Assurance (eCOGRA) society has suspended its certifications for six online casino sites in the Casino Action group of companies.

London-based eCOGRA released announcement that its Compliance and Advisory Services staff had recently conducted an on-site review of operations at the sites as part of a normal certification renewal process and found failures in compliance with its regulation and standards.

The online casinos sites : MusicHallCasino.com, ChallengeCasino.com, iBigCasino.com, NostalgiaCasino.com, UKCasinoClub.com and GoldenReefCasino.com, failed to in the wide-ranging requirements and tests governing all aspects of an accredited company’s operations and had their accreditations suspended.
eCOGRA provides player assurance and online casino regulation by ensuring that eCOGRA approved online casinos deliver an honest and professional service. . Companies that have achieved accreditation are entitled to bear the organisation’s Safe and Fair seal, indicating to players that the operational systems and games on their sites are continuously monitored to consistently high standards.
This is the second occasion since eCOGRA has existed that it has ever pulled its accreditation. The only precedent was the suspension of the Jackpot Factory group following accusations of underhand search engine optimisation activities that led to a $25,000 fine before the group was reinstated.

eCOGRA stated that management of these online casinos had been noticed of its actions and invitation to appeal against its judgment.

In addition, annaounced regarding ArcticPoker.com online poker site seal has expired since the site has failed in providing access for its testing datas.

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Macao Casinos Suffers of Illigal Gambling Industry

Sunday, February 17th, 2008

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Online Casinos Offer Special Promtions For Christmas

Thursday, December 20th, 2007

 

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All major Online Casinos compete on the players attention with special promotions and Offers for holiday season!

The online casinos industry seems to be in the middle of promtion fever which is getting more extreme as chritmas is coming. there is not an online casino which is willing to uppear as not generouse in christmas time. so the online casino player has left only to choose between many bonus and gratis offers that are being sent to t here mail box here some examples of thos bonuses.

Online Casino Tropez offers great bonus for christmas

Online Casino Eruopa on the othe hand promises also some intersting offers

and Online Casino Rio seems to keep up this line with some oustanding welcom bonuses.

so make sure you wont miss those oppertunity and run to harvest your online casino bonus.

Online Casino Fortuna new-opening for German market

Wednesday, October 24th, 2007

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Online Casino Fortuna new-opening for German market

[24.10.2007]

The online gamble has company, Fortuna, a late poker and Casino side with the title, Fortuna Royale, reopens which for the German market was developed. The Fortuna Corporation has her/its/their license in Curacao and develops and among other things licenses service software for the online mobile-radio industry.

It became called Fortuna Royale about itself about development and the construction of the new project for the German to concern it a new management team to it recently diverts.

The president of Fortuna, Rich-wheel Raffay, said: “The online gamble Geschft Fortuna blooms and has plans to become a big fish in the $18 billion industry. After many Research in the area and how we should tackle the market the best, we are our business willing in keys markets to market they in which is liked gamble industry and grows.”

 

AOL, Yahoo Online Gambling Partnerships a Sign of the Future

Monday, October 22nd, 2007

 

September 26, 2007 at 4:23 PM EDT

BRUSSELS — European online gaming companies that have been shut out of U.S. markets urged the European Union on Wednesday to demand as much as $100-billion in compensation in the hope that Washington might yet be pressed into reversing its ban.

The tiny Caribbean island of Antigua, which built up an online gambling industry before the U.S. ban, successfully challenged U.S. online betting restrictions at the World Trade Organization and the United States lost its appeal this year.

Now Antigua, the EU and other countries are trying to negotiate compensation deals with Washington.

The United States is offering concessions in other areas of trade to offset the online gambling restrictions.

Lawyers for European online gaming firms — which are among the biggest in the world — said the EU should press for as much as $100-billion in compensation, given the plunge in the market value of listed firms when Washington shut off the world’s biggest market last year and the value of business lost since then.

The move wiped $7-billion off the value of the industry, which includes PartyGaming, Bwin, Sporting Bet and 888.com.

“One major question is how strong the EU will be in pushing the U.S. for all the concessions available to it,” said Craig Pouncey, a trade lawyer with law firm Herbert Smith.

Antigua wants compensation of $3.4-billion — a figure the United States says is far too high — and the EU should demand at least 20 or 30 times that amount given the size of its online gaming industry, said Raul Herrera from law firm Arnold & Porter.

An EU industry representative said the United States should allow European countries back into the market.

“They have got themselves into a terrible mess and there is an easy way out for them,” Clive Hawkswood, head of the Remote Gambling Association, told a news conference in Brussels.

He said regulation would ease what the United States says are its concerns about money-laundering and consumer protection.

Washington this year invoked a rarely used right under WTO rules to retroactively exclude gambling from its promise to open up its services market.

“The U.S. [compensation] offer to date is insufficient and we continue to negotiate in order to improve it,” said Peter Power, a spokesman for EU Trade Commissioner Peter Mandelson.

The latest deadline for the United States to agree on compensation is October 22.

“The level of damage is impossible to quantify in a dollar sense,” Power said, when asked about the $100-billion figure. “It is clear the EU industry was damaged … and adequate compensation is now the subject of negotiations.”

The lawyers said the dispute could drag on for years while U.S. casino operators and Internet companies such as Yahoo! and Google are free to do business in Europe

This is one of the first instances known where money laundering through online poker rooms has been documented.

The global jihad landed in Linda Spence’s e-mail inbox during the summer of 2003, in the form of a message urging her to verify her eBay account information, according to a report in the Washington Post. The 35-year-old New Jersey resident clicked on the link included in the message, which took her to a counterfeit eBay site where she entered personal financial information.

Spence’s information wound up in the hands of a man in Britain who investigators say was the brains behind a cell that sought to facilitate bombings in the United States, Europe and the Middle East.

Investigators say Spence’s stolen data made its way via the Internet black market for stolen identities to a 21-year-old biochemistry student, Tariq al-Daour, one of three British residents who pleaded guilty this week to using the Internet to incite murder.

According to the Washington Post, Investigators in the United States and Britain say the three used computer viruses and stolen credit card accounts to set up a network of communication forums and Web sites that hosted such things as tutorials on computer hacking and bomb-making, and videos of beheadings and suicide bombings in Iraq.

Authorities say one of the men, Waseem Mughal, a 24-year-old law student, was found with a computer containing a 26-minute video that included instructions in Arabic for preparing a suicide-bomb vest and a recipe for improvised explosives.

European Online Casinos demand actions from the U.S.-administration

Thursday, October 18th, 2007
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WTO- could run more badly as USTR hopes it itself

The ditch in the WTO-Streit between the United States and several other nations, above all the European union, seems to itself to deepen further according to dieswöchigen statements of the news agency Reuters. So it was reported that the EC-companies could become impatient on the basis of the postponements with the decision over a fair compensation.

Reports of this week that they on the 22. Octobers begun period on the 14. It was extended December, will lead to a cooling of the natures not exactly.

The news agency Reuters reported, in the EC resident companies like the market-leaders PartyGaming, Bwin, Sportingbet and 888.com would have with must look at, as her/its/their stock exchange-values sank into the bottomless in the year 2006 after the dismissal of the American anti-gamble-laws. The “Unlawful internet of Gaming Enforcement Act”, it had been whipped by the congress in October of last year and prohibits the processing of money-movements between online-gamble-suppliers and her/its/their customer since then.

In May of this year, after Washington in the dispute with Antigua had had to pocket a defeat before the world trade-organization (WTO), the USA retreated in an up to now unique action from her/its/their WTO-Verpflichtung, foreign companies, to grant the access on her/its/their gamble-market. As a result, damages-complaints from the other WTO-Mitgliedsstaaten occurred.

Since then, the EC and six further states haggle with the U.S.-authorities over compensations in form of trade-concessions in other industries.

Remarks the U.S.-commercial representative Gretchen Hamel indicated that the negotiations progress. Suppositions of complaints of the EC against height from up to 100 billion dollars was denied by her, however.

However, reports are a sign of growing impatience over online-gamble-businesses, that demand from EC-trade-commissioner Peter Mandelson, that he/it alters the course and the topic has the desired effect on his/its visit in Washington in the U.S.-congress beginning of November.

Naotaka Matuskata, leading strategy-advisor with the U.S.-chancellery Alston & Bird, said that Washington’s compensation-offers would not have any meaning and it would be at the time for the EC to be turned to the U.S.-congress in order to invert the online-gamble-prohibition.

Matsukatas chancellery represents the UC Group, a British company, that processes Onlinebazahlungen, - also for the gamble-sector.

“The EC should find out the present legal possibilities, above all, because itself the USTR-Büro (university-Ted States Trade Representative) so got stuck, Matsukata explained, former USTR-Mitarbeiter the reporters of Reuters during a stay in Brussels.

Mandelson becomes Washington of the 7. until 9. November visit. A speaker said that he/it plans to either speak personally or by telephone with Barney Frank, who occupies the leadership in the Kommittee for finance-services in the house of representatives. Frank fought for a legislation, with which the prohibition of gamble-transactions should be canceled again in the USA. Up to now, however, he/it had problems to get extensive support.

“The European commission still strives for the best possible compensation-agreement for the European suppliers”, speaker said Mandelsons and rejected further commentaries.

Matsukata said, Mandelson could direct the attention to the possibly painful compensations, that could be required from the EC and other countries, as Canada and Japan, in other U.S.-trade-areas, in the congress if the prohibition would not be canceled.

Reuters, whom euroopäischen gamble-companies would have, reported Brussels pushed to requiring a compensation from 100 billion $ before - a number, that was rejected from the Americans as exaggerated.

In the year 2000, Mandelsons had warned Predecessor Pascal Lamy the U.S.-congress of reprisals after it had not succeeded, the U.S.-administration, to persuade to a turning in respecting her/its/their from the WTO as illegally priced export-subsidies. In the end, these laws known as “Foreign Sales Corporation pro-grief” were discarded.

meristar Casinos Announces Schedule for Release of Earnings by Conference Call

Tuesday, September 18th, 2007

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meristar Casinos Announces Schedule for Release of Earnings by Conference Call

LAS VEGAS, Oct. 25 /PRNewswire-FirstCall/ — Ameristar Casinos, (Nachrichten) Inc. plans to release its third quarter 2007 earnings report after the close of market on Monday, November 5, 2007. A conference call discussing the company’s quarterly earnings is scheduled to follow the news release distribution on Monday, November 5, 2007 at 5:15 p.m. Eastern Time.

Conference call participants are requested to dial in at least five minutes early to ensure a prompt start. The telephone number is (888) 694-4728 and the conference ID number is 9363726.

Ameristar’s quarterly earnings conference call will be recorded, and can be replayed from November 5, 2007 at 8:00 p.m. Eastern Time until November 12, 2007 at 3:00 a.m. Eastern Time. To listen to the replay, call (877) 519-4471. The replay access code number is 9363726. Interested parties wanting to listen to the live conference call and view informative slides on the Internet may do so at our web site — http://www.ameristar.com/ — in About Ameristar/Investor Relations under the Quarterly Results Conference Calls section.

About Ameristar

Ameristar Casinos, Inc. is a leading Las Vegas-based gaming and entertainment company known for its premier properties characterized by innovative architecture, state-of-the-art casino floors and superior dining, lodging and entertainment offerings. Ameristar’s focus on the total entertainment experience and the highest quality guest service has earned it a leading market share position in each of the markets in which it operates. Founded in 1954 in Jackpot, Nevada, Ameristar has been a public company since November 1993. The Company has a portfolio of eight casinos in seven markets: Ameristar St. Charles (greater St. Louis); Ameristar Kansas City; Ameristar Council Bluffs (Omaha, Nebraska and southwestern Iowa); Ameristar Vicksburg (Jackson, Mississippi and Monroe, Louisiana); Ameristar Black Hawk (Denver metropolitan area); Cactus Petes and The Horseshu in Jackpot, Nevada (Idaho and the Pacific Northwest); and Resorts East Chicago (Chicagoland area), which was acquired Sept. 18, 2007.

Victor Chandler Online Prepares To Euro 2008

Tuesday, September 18th, 2007

Online casinos group, Victor Chandler, has made agreement with , Reading Room Co, to upgrade and redesing its online sportsetting section.

Reading Room will be renew the company’s main site, VictorChandler.com, to be ready to serve the huge betting expected in the euro 2008

The Ceo of , Victor Chandler online casinos, said, “Reading Room’s creative approach to their pitch combined with an obvious enthusiasm for usable transactional design put them head and shoulders above the competition.”

The new design and features will hopefully will atract new gambler audience who will look to bet on one of the major sports event of 2008 the euro 2008 soccer cup. which attract thousands of new gamblers and millions of Euros of bettings every 2 years this year the euro 2008 will be taking place in Austria and Switzerland.

the group also hope that it can convert sprort bettings customers to their well known online casinos.