Online Casino blog

Ladbrokes Fights European Monopoly

November 30, 2006

The British bookmaker has filed legal actions against several European countries, including Norway, Finland, The Netherlands and Germany, since it is not permitted to run its business in the aforementioned states. At the beginning of this month the Supreme Court denied Ladbrokes the right to operate on the Danish gambling market, arguing that the gaming monopoly is allowed so long as it is meant to prevent gambling addiction. Ladbrokes representatives state that European countries keep state monopolies because the governments do not want to lose such a huge source of revenue and that gambling addiction is not by far among the state officials’ major concerns. Whereas countries such as Spain and Italy are beginning to open the path for foreign online gambling operators, some states refuse to allow foreign providers to enter their Internet gaming markets.

Tags: ladbrokes, fights, european, monopoly

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Growing Number of UK Casinos

November 30, 2006

The UK Gambling Commission has announced that it approved all 29 casino applications it had analyzed in the past months. Many casino owners have rushed to apply since the 2007 gambling legislation will restrict the number of new casinos to 17. The second step for these casinos is to be allowed to function by local authorities; it seems that the British local authorities have approved only 40 per cent of the applications they handled this year. At present there are around 140 land-based casinos in Britain and the number is expected to reach 190; analysts say that the growing number of casinos could lead to oversupply and fear that many of the new casinos may not last on the gambling market.

Tags: growing, number, of, uk, casinos

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No Online Qualifiers for the 2007 WSOP

November 30, 2006

Harrah Entertainment, the company that organizes the World Series of Poker every year, has announced that it will not accept registrations from online poker rooms. Many players who qualified through Internet poker tournaments at online poker rooms will no longer take part in the 2007 because they cannot afford to pay the $10,000 entry fee by themselves. Consequently, the number of participants is expected to be much smaller than in 2006, when it reached a record of 9,000 players. It is too soon to estimate how many poker enthusiasts will participate in the most exciting international poker tournament of the year, which is scheduled to begin on June 1, 2007.

Tags: no, online, qualifiers, for, the, 2007, wsop

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