Online Casino and Gambling News: July 2008

University professor debunks politician's attack on Internet gambling

[inline:sbachus.jpg=Spencer Bachus, caught lying to support his agenda]The recent defeat of Congressman Barney Frank's HR5767 which sought to halt implementation of the controversial UIGEA regulations was due in no small measure to the vociferous attacks on Internet gambling by Spencer Bachus - the Republican representative from Alabama and a longtime foe of the industry.

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888.com's Euro Reels football themed slot proving popular

A new football themed online slot game from the studios of Internet gambling group 888.com appears to have captured the imagination of football fans in the wake of the recent Euro2008 tournament, with good levels of interest being shown.

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WSOP's effect on declining Vegas revenues awaited

The popularity and economic impact of the World Series of Poker is under the microscope as industry analysts wait to assess what effect this year's edition of the world's largest poker tournament may have had on the Vegas Strip in economically troubled times.

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Antigua vs USA negotiations could drag on for months

The recent arrival in Antigua of a six man American negotiating team headed by Deputy US Trade Representative (USTR) Ambassador John Veroneau appears to have done little to bring about a speedy resolution, going by comments from Antigua Finance Minister Dr. Errol Cort as the week closed.

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Warren Cloud casinos rebranding?

The recent death of major RTG operator Warren Cloud was followed by the abrupt closure of most of his at times notorious online casino brands, but a rash of new operations has surfaced in the wake of this noteworthy industry occurrence, and speculation is rife about the ownership.

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USA Today poll shows big online gambling support

One of the interesting by-blows from the widely publicised story this week on Representative Jim McDermott's proposal to raise revenues for training and foster home funding through the legalisation and taxing of online gambling, was a poll conducted by the major U.S. newspaper USA Today.

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Victor Chandler opens live dealer casino games

The veteran UK bookie and online gambling group Victor Chandler has augmented its diverse offering to players by launching a live dealer casino, with the action videostreamed from studios in Latvia.

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Job training and foster care legislation funded by online gambling taxation

In a bold new legislative move in the United States, Rep. Jim McDermott (D-Wash.) has introduced legislation that proposes that a potential $40 billion over the next 10 years be spent on job training for the indigent and educational assistance for foster care youth. The legislation, "Investing in our Human Resources Act of 2008 (H.R. 6501)", would be funded through new revenue generated by regulating and licensing Internet gambling activities.

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Playtech demonstrates solid growth in Q2 trading update

Playtech plc, the London-listed online gambling software provider, released its Q.2 trading update and key performance indicators this week, showing continued growth and an intention to seek further acquisitions and partnerships.

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California online poker bill progress update

The month of August could see a landmark event if a bill before the Senate Appropriations Committee is voted forward. It's next stop would be a full vote on the California Senate floor, and that could lead to legalised online poker within the state of California.

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