Online Casino and Gambling News: October 2009

French National Assembly to consider gambling liberalisation laws

This is a key week for French gambling as the National Assembly gathers between 7th and 9th October 2009 to consider the draft law designed to liberalise the French gambling market in 2010.

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Lucky punter snares $1.4m Aztec Riches slot jackpot

The news that an American online player had hit a major jackpot at an RTG-powered casino had the message boards buzzing last week, and more details are now to hand. The big win - $1,427,499 - took place on the Aztech Riches progressive slot at Club USA Casino. Understandably the player prefers to remain anonymous and was identified only as "Cindy".

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Ladbrokes acquisition of 888.com rumours quashed

One of European online gambling's perennial chestnuts - that 888.com is about to be acquired by Ladbrokes - surfaced again Tuesday, sending ripples of interest through the London markets. As in previous incidents, there appeared to be little substance, with unidentified sources denying that such a move was in progress.

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Russian operators outsmart government to work around gambling bans

Moscow authorities are expressing concern about the rise of "surrogate" gambling technologies such as lottery machines and online gambling three months after an almost total ban on gambling in Russia, reports the Associated Press news agency.

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Microgaming's October games released

Precious metals, ice age adventures and a high kicking kung-fu monkey all feature in the latest game releases from the Isle of Man online gambling software provider Microgaming, along with an interesting new prestige poker game in the firm's acclaimed Gold Series.

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Debt for equity deal at Gala Casinos moves a step closer

Speculation back in June this year that UK online and land gambling group group Gala Coral was considering a equity-for-debt deal to clear its £2.5 billion debt burden appeared to be closer to confirmation this week as the Sunday Times reported that negotiations were nearing finality.

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Bet365 to stream Ukraine vs England world cup qualifier free

Online sportsbook Bet365 has scored something of a high-tech coup, securing the rights to broadcast the Ukraine vs. England World Cup football qualifier on 10 October over the Internet, the first time that a match involving England will be so published and to the exclusion of television.

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IOC sets up new anti-betting system for Olympics

Further moves to remove temptation and prevent corruption in international sports were announced this week by the International Olympic Committee, which is setting up a new system to watch for corrupt betting practices linked to Olympic competitions.

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Hungary moves closer to regulation of poker

The respected Wall Street Journal reports that political and legislative moves are afoot in Hungary to legalise and tax online and land poker, with plans to initially raise some €1 million in tax revenues from live poker alone.

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Barney Franks's HR2267 bill reaches 60 co-sponsors

After several weeks of holding at 58 co-sponsors, Congressman Barney Frank's HR2267 proposal to legalise online gambling in the United States moved forward with the sponsorship of two more members of Congress this week, bringing total and bipartisan support to sixty.

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