Online Casino and Gambling News: December 2010

Light at the end of the tunnel for Las Vegas

The independent professional business services group PricewaterhouseCoopers has issued a report on the land gambling Mecca of Nevada, predicting that the parlous business situation of the state's gambling industry should begin to improve late 2011, eventually returning to pre-recession levels by 2014.

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Kentucky court still undecided on question of standing

The attempt by the State of Kentucky to seize international domains belonging to online gambling companies has been delayed for a further 30 days while the vexed question of legal standing is considered by the court.

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Cyprus online gambling ban delayed for three months

The government of Cyprus, which had hoped to introduce a ban on internet gambling on the Mediterranean island before 2010 ended, has had to push back its plans by three months following delays in the bureaucratic machinery of the European Commission and its feedback from member states and the EU executive.

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Greece to regulate online gambling in line with E.U. law by early 2011

The Greek Government's well known intention to lift bans on online gambling in order to lift revenues seem to be making progress according to a report from Bloomberg.

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£210,865 Cleopatra's Chest progressive jackpot won

Ladbrokes Bingo announced that the £210,865 Progressive Jackpot on the Cleopatra's Chest bingo mini-game was won by a player with the moniker bevs_the_boss on a £1 stake.

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Irish justice minister publishes options for future gambling regulation

The Irish Justice Minister, Dermot Ahern issued a statement today (Wednesday) that a discussion paper on future regulation of gambling has been approved by the Government.

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Danish online gambling monopoly to split into three divisions

The introduction of a more open regulated market in Denmark may have faltered over tax issues raised by land operators, but state gambling monopoly Danske Spil is planning ahead for the advent of the new dispensation.

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Cyprus politician blames Malta and UK for delayed internet gambling ban

The vociferous Democratic Rally Party (DISY) deputy Ionas Nicolaou had some harsh words for Malta and the United Kingdom this week, accusing the two countries of purposely trying to derail Cyprus' attempt to ban online gambling.

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Cyprus police continue with festive season blitz

The police in Cyprus have upped the anti-online gambling pressure in a pre-festive season blitz that has included raids on two online gambling centres on the Mediterranean island.

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888 shares surge 24% as Ladbrokes takeover confirmed

The industry remained abuzz with speculation on the weekend news that Ladbrokes was making a £240 million bid for online gambling software developer 888. At 70p a share, the reported deal represents a premium of some 40%, Reuters reported.

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