The UltimateBet Online Poker Championship

November 30, 2006

 The online poker Championship organized by UltimateBet will comprise ten events and is scheduled to start on Friday, December 1. The ten poker tournaments will include No Limit Hold’em, Pot Limit Omaha High, Pot Limit Omaha High With Rebuys, Limit Hold’em, Limit Omaha 8 or Better and Elimination Blackjack. The Main Event will take place on Sunday, December 10 and is a $1,000,000 Guarantee.One of the participants will be given the opportunity to play against one of the most successful poker professionals in the world, Phil Hellmuth. In order to qualify for one of these tournaments, you simply have to register and take part in one of the Ultimate Bet satellites.

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New Independent Director at eCOGRA

November 30, 2006

Bill Henbrey, a recently retired chartered accountant, is the new independent director of eCOGRA (eCommerce and Online Gambling Regulation and Assurance). Henbrey has more than 30 years of experience in the gaming industry and the non-profit gaming organization will considerably benefit from his expertise. Committed to protecting online gamblers throughout the world, eCOGRA continuously monitors all the Internet gaming providers and tries to make sure that the sites that bear the “Play it safe” seal comply with their strict requirements.

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Bowmans, The latest To Exit the US market

November 30, 2006

 The Internet gambling and wagering operator, Bowmans.com, announced yesterday that it would no longer accept US players, transferring all its existing customers to Antigua-based Bodog, one of the world’s largest entertainment companies. US players with an account at Bowmans can rest assured, since their bets and deposits will be honored by Bodog.com. Customers who prefer not to gamble at Bodog are given the possibility to withdraw their accounts without charge.Bowmans.com has a large base of Canadian and British customers and Bowmans executives are confident that their business will not be very affected by their exiting the US market.

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Attempt To Support Online Gambling

November 30, 2006

 The European Betting Association, in collaboration with Bwin, is planning to launch several awareness campaigns meant to support online gambling. The first targeted country is Germany and the move precedes the legislative discussions of the 16 German Landers who will meet in December in order to debate the contents of the new gambling legislation which will be signed into law next year. These campaigns aim at convincing European governments to give up gambling monopolies and to no longer impose gambling restrictions for foreign operators.

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The UK Gambling Commission at Work

November 30, 2006

The British Gambling Commission has issued the “License Conditions and Codes of Practice” in which it presents all the requirements that Internet operators have to meet in order to be granted a UK gambling license. All gaming operators that want to run a business in the UK will have to obtain a license from the Gambling Commission. The main objectives of this regulatory body are to prevent crime, to ensure a fair and open gambling environment and to protect children and other vulnerable categories. The code does not include information about the taxes that UK-based operators will have to pay to the British government.

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