The European Free Trade Association court ruled that Norway could be in breach of European internal-market rules by blocking UK bookmaker Ladbrokes from setting up gambling operations.
The final decision will rest with an Oslo court, but EFTA’s decision, which ruled that the Norwegian government had completely denied private operators access to the market and therefore [...]

Online gambling software provider CryptoLogic has moved its corporate headquarters in Dublin, Ireland from its current location in Toronto, Canada and is expected to complete the change of address in early June.
The €77 million a year group will be incorporated in the channel island of Guernsey for tax purposes and are following the trend of [...]

The Japanese government has announced its plans to legalize casino gambling next year and is currently drafting the legislation.
Seiko Noda of the ruling Liberal Democratic said that they hoped to pass the bill by the end of the next ordinary Diet session in June 2008.
The party is hoping that casinos will boost tourism, as it [...]

Online gaming firm, BetOnSports, submitted a guilty plea to a federal court in Missouri to charges of money laundering and racketeering. Its founder, Gary Kaplan recently denied the same charges. The London-based company will now faces fines of up to $500,000 (£251,880), plus billions of pounds in forfeitures and the return of money held on behalf of US account holders.

Betfair backs new venture Virgin Bets
Virgin Games is launching a branded betting service, Virgin Bets in a bid to capitalise on the burgeoning on gambling sector and on the growing public interest in entertainment and novelty bets.
The new venture has been launched with bookmakers Betfair and will be supported by an online campaign.
Virgin Bets will [...]

A bill regulating state asset management, which could lead to the privatisation of Hungary’s state-owned lottery company Szerencsejáték, is going before the Hungarian parliament today.

This has caused experts to warn that the government may not be able to find the support it needs to win a majority vote on the sale of the gaming company if the bill passes.

BetonSports founder, Gary Kaplan, has pleaded not guilty to charges of racketeering and wire fraud at the US District Court in St Louis, Missouri. The charges claim that Kaplan neglected to pay federal wagering excise taxes on over $3.3 billion in bets generated from the United States, with the court seeking a penalty of $4.5 billion from Kaplan and his co-defendants, as well as a number of properties.

By: Irena Fuková, 14. 05. 2007
The Czech Republic’s big betting businesses have taken to offering simulated and incomplete online services as they struggle not to lose too much revenue to foreign competitors who simply ignore the domestic gambling regulation that Czech firms must abide by.
“For the moment, we offer online betting in a virtual form, [...]

Entertainment group Paramount Pictures announced that it will build a $1 billion theme park in South Korea, marking its first such venture outside the US. The Hollywood film and entertainment company will partner with Daewoo Motor Sales Corp on the project, scheduled for opening in 2009 and completion in 2014.

UK-listed online gambling software provider Playtech reported a first quarter profit increase of $2.4 million, to $19.8 million, compared with the 2006 fourth quarter results. Despite the surge in profits, the gaming company’s year-on-year revenue sunk f