Online Casino and Gambling News: 2010..

Betsson re-opens shopfront after Supreme Court reversal

Only days after an adverse Court decision forced it to close its inaugural venture into land gambling through a betting shop in Stockholm, the Swedish online gambling group Betsson has been able to re-open the facility.

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Study indicates that online gaming can be good for your brain

Studies in Canada last year that showed that senior citizens benefitted mentally from participation in online activities have been complemented by studies in the United States which indicate that the same positive effects apply to students.

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Macau: December casino revenues up 48% on previous year

With 2010 barely days old, the Reuters news agency reports that shares of Macau land casino operators rose this week on reports that gambling revenues in the enclave in December 2009 rose 48% from a year earlier, signalling sustained growth in the world's largest gambling market.

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Belgium continues push for closed online gambling regulation

Despite grumbling from the European Commission on its restrictions of gambling services from other EU nations, it appears that the Belgian government is forging ahead with its plans for Belgian-exclusive online gambling regulation in 2010.

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Trade association urges British Columbia to open online gambling market

Under the Canadian Criminal Code, only provincial governments have the power to conduct Internet gambling, and the British Columbia government is being urged to exercise this authority in a non-exclusive manner to ensure that Canadian punters are presented with only reputable and safe Internet gambling venues.

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UC Group reports 90% decline in annual profit

The UK newspaper The Daily Telegraph reports that pre-tax profits at UC Group fell to £218,221 in 2008, down from £2.42 million a year earlier following a 30% fall in revenues. But prospects for 2010 are looking a little more promising.

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Estonia prepares to become online gambling licensing jurisdiction

2010 will likely see exciting developments in Estonia, a small Baltic nation already respected internationally for its software development capabilities that is reportedly moving into the online gambling regulatory field.

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Mahjong Logic achieves Isle of Man licence

Mahjong Logic, a software developer and real money player-to-player mahjong network, has announced its achievement of Isle of Man online gambling licensing. Mahjong Logic and its management were required to satisfy the white listed European jurisdiction's strict licencing requirements and comply with stringent online gaming standards and player protection rules before being awarded the licence, which took 12 weeks from application to award.

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888.com founder resigns to spend more time with his family

One of the longest established and best known companies in the online gambling industry, 888.com, has announced the departure of one of its founding directors. Non-executive director Shay Ben-Yitzhak, has resigned with immediate effect to spend more time with his family.

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Political moves to scuttle Thai online lottery

The on again, off again, long running Thai government project to take the national lottery online was making local headlines in media like the Bangkok Post and The Nation again this week as Thai prime minister Abhisit Vejjajiva announced yet another review of the delay-plagued project.

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