Legal  & Regulatory news sponsored by Sportradar

The Australian government said Wednesday that it does not support the liberalisation of online gambling, including online poker, despite the recommendation of the Productivity Commission in its final report on gambling. The government said however that it will examine the regulatory approach taken by other countries with a similar stance such as the United States and its controversial UIGEA.

French Finance Minister Francois Baroin is facing criticism from lawmakers in the National Assembly for failing to back his strong words with action to fight illegal online gambling providers who continue to operate in the country, with online poker giant PokerStars singled out for particular attention.

Australia's Federal Court has awarded Paddy Power's Sportsbet more than AUD$2m after ruling that the refunding of race fees charged by Racing NSW to the state's largest betting operator, TAB Limited, discriminated against interstate bookmakers such as Sportsbet, licensed in the Northern Territory.

The remote gaming licensing jurisdiction of Kahnawake is continuing efforts to align itself with well regulated international licensing regimes, announcing Thursday a unique inter-jurisdictional recognition agreement with the white-listed Financial Services Regulatory Commission for Antigua and Barbuda.

The government of the German state of Schleswig-Holstein has unveiled its proposal for a replacement to the current State Treaty on Gaming which expires in December 2011, proposing a lifting of marketing restrictions and the licensing and regulation of online gaming.

An entertainment industry coalition of Hollywood studios has urged the U.S Congress to finalise a ban on futures trading on film revenues after the Commodity Futures Trading Commission (CFTC) this week approved the proposed futures contracts for the new Trend Exchange which allows for betting on motion picture box-office numbers.

Residents of the U.S. State of Rhode Island are to have a say in allowing state-controlled casino gambling at slot parlours in a referendum this November following the passage of legislation Friday before the General Assembly.

New Jersey lawmakers have called for a gaming summit involving politicians, industry leaders and policy experts to help craft a constitutional amendment that would include comprehensive solutions for maximising revenues from sports betting and internet gaming in order to reverse the fortunes of the state's dwindling gaming industry.

Denmark's state-controlled gaming operator Danske Spil has revoked the five year contract awarded to PartyGaming plc in January for the supply of an online casino and poker platform following a challenge by rival platform provider Playtech.

After more than two years of debate, the Austrian National Assembly approved new gaming legislation Wednesday, despite strong criticism by some lawmakers of its failure to adequately address the issue of player protection or to regulate online gaming.

France has taken a step towards ending its 471-year old gaming monopoly today after regulatory authority ARJEL issued seventeen online gaming licences to eleven different operators including FDJ, PMU, bwin, BetClic and Everest Gaming.

GIQ Magazine Digital Edition