Europe
Europe News, European News
The End Is Near For Online Gambling In Cyprus
Cyprus, a one-time hot spot for online gambling businesses, is close to banning the industry.
PokerStars Pulls Out of Washington State, Sportingbet Won’t Do France
Two online gambling firms in the news a lot last week, PokerStars and Sportingbet, announced they are pulling out of or otherewise not returning to certain markets.
German Gambling Laws Violate EU Rules
A European Union high court ruled that Germany’s betting restrictions contravened EU law.
The European Court of Justice declared that the rules for the German state betting monopolies were not “consistent and systemic enough” to uphold the argument that restrictions served to protect the public from gambling addiction, the Financial Times of London reported on Wednesday.
In its ruling, the court said the German monopoly advertised extensively to lure customers, undercutting the argument of the states that their monopolies limited addiction.
Betsson Loses Battle With Sweden: Fights Over Svenska Spel Monopoly
The Swedish online gambling firm Betsson has lost a legal battle with the government of Sweden related to its monopoly Svenska Spel.
PartyPoker Beats Full Tilt Poker….In France
With France opening its market to online poker sites, PokerScout.com is now separating the French domains in its monitoring of “real cash” players rankings.
No Online Poker Cash Games in Italy Until Winter
The market in Italy is about to open up for online poker players but it may be a couple more months until cash players can take advantage.
The review of the draft decree by the European Commission and the other EU Member States will last three months up to 15 October 2010, and, if it is not challenged during this period, the draft decree will be approved shortly after this date, according to eGaming Review Magazine.
Cyprus Government Moves to End Online Gambling
By George Psyllides, Cyprus Mail
France Online Poker Rooms Show Great Potential
Who would have known that online poker in France was so popular, especially being that, up until recently, it was pretty much illegal.
Europe, U.S. All Mull Over Legalized Online Gambling: Markup Delayed
Full Tilt Poker, PKR Land Online Poker Licenses in France
Full Tilt Poker and PKR are the latest online poker ventures to obtain licenses in France. That nation granted nine new licenses on Monday.Cyprus: Mixed Signals Over Future of Online Gambling
By Elias Hazou, Cyprus Mail
PokerStars Granted France License
PokerStars has announced the launch of PokerStars.fr, a French-only version of the world's largest online poker site, after being granted the licence number 0006-PO-2010-06-25 from the Autorit
France Issues Eleven Online Betting Licenses
PARIS (Reuters) - Eleven companies have been licensed and registered by the French government to conduct online betting on sports and horse races, as well as poker, the local regulatory authority s
ECJ Out of Touch With Modern Consumer Says Right2Bet
RIGHT2BET has condemned yesterday's ECJ ruling in the Ladbrokes and Betfair cases against the Dutch Government and the country's monopoly operator, De Lotto.
EU Court Says Countries Can Ban Online Gambling
(Reuters) - EU countries can ban online gambling if their aim is to combat fraud, Europe's highest court said on Thursday, dealing a blow to the multi-billion euro online betting industry seeking t
European Court Rules on Dutch Gambling Policy
Brussels, 3 June 2010: Today, the European Court of Justice (ECJ) rendered two preliminary rulings (1) addressing key questions relating to the compliance of the Dutch legislation
Greece Told To Get Off Euro: Odds Still Available
British economists have urged Greece to default on its €300 billion (£255 billion) debt in order to save the nation's economy. Greece is essentially being told to drop the euro.
The Centre for Economics and Business Research (CEBR), a London-based consultancy, has warned Greek ministers they will be unable to escape their debt trap without devaluing their own currency to boost exports, according to a Times Online report.
Should Greece choose to do so, experts believe other nations could quickly follow.
Spain in Pain
Spain's credit rating was cut as government efforts to reduce debt would weigh down economic growth.
Greeks First to Leave Euro?
Paddy Power are taking bets on which country will be first to jump ship on the beleaguered Euro.
Ireland Will Impose Tax on Internet Gambling
Ireland says it will start taxing Internet gambling establishments operating overseas and catering to Irish citizens.
"This will have the additional benefit of facilitating the extension of the tax regime for the betting industry to all those providing online and telephone betting and so underpin funding for the racing industry," said Brian Cowen, Irish Head of Government.
Ireland claims that this step is needed in order to secure funding for the racing industry.
Betfair Pulls Out of France
With new online gambling laws in place and the European Union seemingly ineffective in getting France to follow set EU policy on i-Gaming, Betfair has pulled out of the French market.
Betfair has announced its intention to stop accepting bets from France and is considering whether or not to make an application for a licence to operate under the new regime, IntergameOnline.com reports.
According to Betfair, there is little clarity on how the online gambling sector will operate in France.
Online Gambling Law in France Approved
A NEW law legalising online gambling in France has finally been approved by parliament after a series of delays.
Times of Malta: New Online Gambling Records Expected
This year was likely to be another record year in terms of investment and injection from the igaming industry, Finance Minister Tonio Fenech said this morning.
Poker Named a Sport in Lithuania: Let’s All Move There
With so many European nations and the United States crowing about the legalization of poker, especially online, it is refreshing to see that one country has taken a step forward in declaring poker
EU Court Advice Concerns Local Gambling Businesses
GIBRALTER CHRONICLE
Gibraltar Government is being urged by the gaming industry to consider a more proactive stance, possibly intervention in court action, following a recent opinion expressed by the European Court of Justice Advocate General, Paulo Mengozzi, that mutual recognition of national licences for games of chance is not viable as European Union law now stands, it has emerged.
No Consensus in EU Yet on Remote Gaming Industry
Times of Malta
Ivan Camilleri, Brussels
EU Court Advisers at Odds Over Gambling Restrictions
By MIKE GORDON and CAROLYN HENSON
wsj.com
