Online Casino and Gambling News: July 2009

Frank gambling bill support surges past 50 sponsors

Congressman Barney Frank's proposed legislation to regulate and license online gambling in the United States has reached the 50 co-sponsor mark.

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Neteller launches cheaper money transfer service

Online processor Neovia Financial plc has launched a new Neteller Money Transfer service, that lets friends and family send and receive money instantly and securely around the world through a user-friendly interface.

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RBS explores possibility of Gala Coral break-up

Royal Bank of Scotland - itself in receipt of UK government financial assistance - has reportedly been sounding out leading investors in the Gala Coral land and online gambling group on selling off an unspecified part of the £2.7 billion debt-burdened group to ease its situation, reported the Observer newspaper this week.

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Cryptologic to supply slots to Totesport

Online gambling software developer Cryptologic Limited has inked a multi-year deal with Totesport, the UK's state-owned and fourth largest bookmaker, for the supply of at least six of its most popular slot games for inclusion on Totesport's website.

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Rome Casino bingo Slot win of almost $117,000

Rome Casino reports that online player CynthiaB of Florida in the United States was playing the Bingo Slot to kill time before heading out to the movies when she wagered on a single spin of the reels to hit a remarkable return of $116,728.

The player has plans for a dream vacation, but most of her windfall will be invested for the future.

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Fernando Chui elected chief executive of Macau

From December 2009 the gambling island of Macau off the shores of China will be under the control of a new chief executive, reports Associated Press. The former Chinese Culture Minister, Fernando Chui (52), has been selected as the man to lead the island out of its tough times in a five year tenure of office.

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Saturn Casino and Bingo predatory T&Cs warning

Many players were scratching their heads this week over an unusual T&C at an online bingo and casino gaming venue: it calls for a 15x playthrough requirement before any withdrawal is allowed - whether the player has taken a bonus or not!

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Casino Red warning - land premises closed and deserted

The £5 million land version of online casino, poker, sportsbetting and mobile operation CasinoRed.com appears to be in dire financial straits only eight months after it opened its doors in Huddersfield, UK.

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Finders of winning lottery ticket found guilty of theft

The cliche "finders keepers, losers weepers" was firmly rejected this week as a Swindon, UK couple admitted to theft and fraud in a criminal court. The couple found a lottery ticket on the floor of a supermarket in April this year, noted that the buyer had not endorsed it with an identifying mark or name, and cashed it in, going on a spending spree with their £30,000 windfall.

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National sports bodies sue Delaware over gambling liberalisation

Hitting the headlines in the United States Friday afternoon was the news that four major pro sports leagues and the NCAA have launched litigation against the state of Delaware in a bid to block a new law liberalising sports betting in the state.

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