Rep. Barney Frank said Wednesday that he intends to put his online gambling regulation bill before members of the House Financial Services Committee in July, despite ongoing opposition at a federal level.
Legal & Regulatory News
Following the publication of online gaming specifications Tuesday in the French Republic's Official Journal, France's PMU wasted little time in submitting its 7,000 page application for an online sports betting licence.
Despite the House of Representatives last month vetoing a controversial bill to expand gambling within the state, New Hampshire's state senate last night passed a revised gambling bill proposed by Senator Lou D'Allesandro.
Stanleybet has launched a compensation claim for €1.5bn against the Italian Government for direct and reputational damages over an eight-year period during which the company's access to the Italian market was continuously challenged by measures of Parliament, the Administration and the Judiciary.
The U.S. House of Representatives Committee on Ways and Means is to meet Wednesday to hear testimony on tax proposals related to legalised internet gambling, as the enforcement deadline for UIGEA regulations looms.
The Government of the Australian State of Victoria is facing criticism following last week's auction of gaming machine entitlements which raised close to AUD$1.0bn for the state, ending Tabcorp and Tatts' control of the Victorian pokies market.
Having expanded its TAB ACTIVE interactive TV wagering service across all three Sky Racing channels following the recent launch of Sky Racing World last week, Australia's Two Way Limited has confirmed the signing of a long-term agreement to launch its TV wagering service in Western Australia.
Online betting exchange Betfair has voiced criticism of France's new online gambling regulations having been forced this week to stop accepting bets from French customers, with the company now considering its future in the market.
Following a request by the Prime Ministers Conference of the 16 federal states of Germany, the German Olympic Sports Federation has recommended that sports betting be legalised and regulated under future legislation, while the Bundesliga has said that an effective regulated market is the best way to combat manipulation of sports.
A number of bills currently before the State Senate, including two approved yesterday by the State Government, Wagering, Tourism and Historic Preservation Committee, could if successful combine to make New Jersey the most coveted U.S. licensing jurisdiction for land-based and online gaming operators alike.
Backing last year's ruling by the Third Circuit Court of Appeals, the US Supreme Court has rejected an appeal by the state of Delaware for the right to offer unlimited sports betting to its residents.