Online Casino and Gambling News: December 2008

Jackpot Pinatas progressive jackpot passes the million mark

Online gamblers have another million dollar jackpot on offer following this week's Real Time Gaming announcement that its Jackpot Pinatas progressive jackpot has moved over the million dollar level.

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Burglar caught gambling with stolen collector coins

Reports from Redding, northern California tell of a local burglar who was not the sharpest knife in the drawer, having tried to gamble at two casinos using rare coins he had stolen in a burglary.

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Net Entertainment approved for NASDAQ Stockholm listing

Another significant step in the corporate development of online gambling software provider Net Entertainment has occurred with the Stockholm Stock Exchange listing committee approving the company for listing on the NASDAQ OMX Stockholm.

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Kentucky-style seizure of two gambling domains by German politician

Mainly German reports over the weekend raise the alarming prospect that the Internet is under further assault - this time from German authorities. A major furore still rages over the recent attempt by the state of Kentucky in the United States to confiscate global online gambling domain names, and if the current reports from Germany are true, it would appear that another Net neutrality dispute is about to surface.

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BBC angers bookies with plans to halve racing coverage

The British Broadcasting Corporation is at the centre of a growing dispute with British bookies over its proposed halving of UK racing coverage from 29 days in 2008 to only 14 in 2010, reports The Guardian newspaper.

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European Commission challenge to Gibraltar gambling tax defeated

The long-running European Commission's challenge to the benevolent corporate tax regime in Gibraltar has been resolved by a European Union court in favour of the tiny Mediterranean nation. The many online gambling companies based in Gibraltar have been keeping an eye on the case, which originated in 2002, due to its potential influence on the economic viability of operating in the country.

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Casino de Monaco wins WIPO arbitrated domain case

The owners of the world famous land gambling brands Casino de Monte Carlo and Casino de Monaco, La Société des Bains de Mer et du cercle des étrangers à Monaco, has won a branding case against Australian online casino company Around Pacific, resulting in an order that the domain name Casino-Monaco-Gold.com be transferred to the plaintiff.

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Ladbrokes publicly lashes Swedish monopoly recommendations

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Rank PLC blames smoking bans and gambling laws for fall in sales

The UK publicly listed gambling group Rank plc reported a quiet 15 weeks leading up to December 12 2008, and blamed a 7 percent decline in sales on public smoking bans and new gambling laws in Britain.

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New Jersey set to allow Internet horse race betting

Remote "on premises" betting is gaining in popularity and spreading beyond its high profile use in Las Vegas land casinos, with New Jersey the latest state to approve the concept as it attempts to increase revenues for the troubled racing industry.

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