Betfair Frets As Cyprus Bans Online Gambling
- Jul 11, 2012
Shares in the world’s largest online betting exchange Betfair have tumbled by 4.5% after Cyprus introduced legislation banning online gambling.
Read More . . .Shares in the world’s largest online betting exchange Betfair have tumbled by 4.5% after Cyprus introduced legislation banning online gambling.
Read More . . .Gambling and betting services platform developer Betable Limited has announced that it has raised an undisclosed amount of additional funding from more than 25 investors including Greylock Discovery Fund, FF Angel, True Ventures and Yuri Milner.
Read More . . .The long-serving Chief Executive Officer for British online and land-based gaming giant William Hill, Ralph Topping, has this week used his personal blog to explain the firm's current stance on social gaming.
Read More . . .Canada's British Columbia Lottery Corporation (BCLC) has gone live with an in-play online sports betting offering at PlayNow.com.
Read More . . .The Cypriot House of Representatives has passed controversial legislation that prohibits online casino games and exchange betting. Sports betting has been regulated with authorities levying a ten percent revenue tax on all operators.
Read More . . .Licensees of online gambling software designer and supplier Playtech Limited operating in the newly regulated Spanish market will soon be able to offer customers a new range of market-specific television games alongside bingo.
Read More . . .It seems that online gambling regulation is back on the active agenda of the European Commission (EC), which is the enforcement arm of the European Union (EU). The EC head, Michel Barnier, stated that the Commission will publish an action plan in autumn this year.
Read More . . .Government is regulating and not promoting gambling in the country, Malacañang said Friday amid plans of foreign and local investors to establish $1-billion casino resort in Manila.
Read More . . .bet365 has become the latest major European online operator to have its dot.com domain added to the Belgian Gaming Commission’s blacklist of sites deemed illegal under Belgian law.
Read More . . .Europe's internal market services commissioner Michel Barnier has warned that some EU countries could face court action over persistent breaches of online gambling rules.
Read More . . .Betting exchange and online casino operator Betfair has signed a landmark commercial agreement with the British Racing authority that will see it contribute a minimum of £40 million to the sport over the next five years.
Read More . . .Nearly 130,000 Australians are playing illegal internet poker games, with US operators raking in $68 million in one year, according to research.
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