Online Casino and Gambling News: January 2011

Maryland poker e-processor pleads guilty

Another e-cash processor appeared in a Baltimore, Maryland court this week, pleading guilty to a single count of money laundering. Californian Martin Loftus, emulating other processors caught up in federal enforcement actions aimed at stopping the payment of winnings to US players by offshore online poker operators, agreed to assist and cooperate with New York and Maryland federal investigators as part of his plea deal.

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Irish tax man pounces on remote gambling

The threat to include online gambling companies - referred to as 'remote' gambling entities - in the Irish tax net materialised as the week ended, with the cash-strapped Irish government publishing its proposals.

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Danish online gambling market open for business by mid-2011?

The much-delayed opening up of the Danish online gambling market will take place by the Autumn of 2011, a meeting of industry managers was told this week by Danish tax minister (Skatteminister), Troels Lund Poulsen.

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Kansas: illegal internet sportsbetting operators sentenced to prison

The Kansas City Star reports that Michael J. Lombardo (52) and William Cammisano Jr. (64) who were charged last year for their roles in an internet sports-betting operation have been sentenced to one year and one day in Federal prison.

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Vegas Technology casinos unveil Arctic Queen and Wataa slots

Online gaming software provider Vegas Technology has released two new online slots titled Arctic Queen and Wataa.

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Trademark victory for 32 Red over William Hill

Online gaming operator 32Red has confirmed that the High Court of Justice of England & Wales has delivered its judgment in the company's trade mark dispute against William Hill, the owners of 32Vegas online casino.

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French competition authority and E.C. flag distortions in market

The European Gaming and Betting Association, which includes most of Europe's leading online gambling groups among its members, has highlighted recent official opinions from the French Competition Authority and the European Commission regarding the liberalised French internet gambling market.

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Tipp24 exceeds 2010 earnings forecasts

Tipp24 SE reports that its preliminary figures for the fiscal year 2010 have exceeded its own forecasts and that record earnings were posted. In August 2010, Tipp24 downgraded its consolidated revenue forecast from €100 million to €90 million and its EBIT forecast from €40 million to €20 million.

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Imega reports on Kentucky domain case developments

Online gambling trade association iMEGA reports that lawyers representing both sides of the Kentucky Internet domain name fight filed briefs this week in Franklin County Circuit Court, Kentucky.

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Microgaming to launch mobile poker product by March

The new Microgaming mobile poker product is sure to attract attention at the ICEi expo next week following the Isle of Man gambling software company's announcement that the offering will be available for real money play in the first quarter of 2011.

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