Online Casino and Gambling News: November 2010

Northern Mariana Islands debates online gambling licensing

The Commonwealth of the Northern Mariana Islands, an Asian nation in the Pacific Ocean could become the latest internet gambling licensing jurisdiction. This week House Bill 17-129 authored by Rep. Joseph M. Palacios and broadly proposing the introduction of an internet gambling regulatory and licensing regime, passed through the House of Representatives with a positive vote of ten to nine.

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SSIGI urges U.S. players to lobby their political representatives

As this year's US Congress enters its pre-closing "lame duck session" this week, the pro-online gambling legalisation action group Safe and Secure Internet Gambling Initiative has been drawing attention to the budgetary benefits of making internet gambling legal in the United States.

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Paddy Power releases positive trading update

Online and land gambling group, Paddy Power has released an update covering the period 1 July to 15 November 2010, revealing a positive set of key performance indicators and attracting media coverage to its plans to increase its number of employees.

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Media Corp reports 700% rise in gross profit

The UK-based online gambling and media company, Media Corp has unveiled an impressive set of full year results to September 30, 2010, showcasing a 700% rise in gross profits.

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Australian federal court rules against Betfair

Online betting exchange Betfair has suffered a setback in Australia following a Federal court ruling that the company should subsidise Racing NSW. Characterised as a "product fee based on gross revenue", the New South Wales Government ordered the levy earlier this year and to date some A$120 million has been paid to the racing body although held independently pending the outcome of Betfair litigation against the law.

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New Zealand High Court finds against .net advertising

A ruling by a New Zealand court earlier this year that the use of the .net marketing strategy did not contravene gambling laws has been overturned by the New Zealand High Court this week.

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Motley Fool tips positive future for U.S. online gambling

The respected investment publication Motley Fool published a positive article on internet gambling this week, pointing out that with US states struggling to stretch their budgets, many lawmakers appear to be more positive about legalising online gambling.

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Gambling industry execs describe USA as 'behind the times' on internet gambling

One of America's most important, and mainly land gambling expos, G2E is running this week in Las Vegas and industry execs interviewed at the show have expressed the view that the US is behind the times when it comes to online developments, due mainly to political interference.

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Q3 game releases include iPhone and Android apps

New online gambling games in the third quarter of 2010 have been noticeably augmented by a range of iPhone and Android apps launched by leading industry companies.

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Peter Eastgate auctions 2008 WSOP bracelet for UNICEF charity

Danish online poker player, Peter Eastgate (23), who back in 2008 was the youngest winner of the WSOP Main Event is putting his winners jewellery up for sale on e-Bay. Eastgate's justification for selling off the coveted winners bracelet along with prize watches stems from a desire to assist children's charities via UNICEF.

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