UK Update: Point of consumption regulation

iGaming Business – The London law firm Jeffrey Green Russell has allowed iGaming Business to publish its latest industry update concerning developments in the UK’s move to regulate and license remote gambling on a point of consumption basis. The information below assumes a degree of knowledge regarding the ongoing process and while the Bill is directed at remote gambling and is of particular interest to that sector, there are associated changes taking place to the Licence Conditions and Codes of Practice attaching to ALL UK licenses, which those already licensed here also need to be aware of. The Gambling Commission…

Social casino games succeed in mobile gaming

Tech Crunch – Though they receive much less attention than other apps, social casino games are one of the top-grossing categories in mobile gaming, says a new report by Distimo. The report used data from Distimo AppIQ to see how much revenue different publishers are making in the iOS App Store and Google Play. Even though they don’t get the attention of Supercell, King, GungHo, and the other highest-grossing game publishers, social casino game makers still have a significant presence among the top 100 grossing apps in the iOS App Store and Google Play. Distimo found that in the iOS…

Notorious moments in sports gambling

NBC – Sports fans can be very forgiving. Just look at the Chicago Cubs, who fill Wrigley Field every year despite last winning the World Series 106 years ago. When athletes bet on sporting events, however, all of that changes. Otherwise compassionate fans who would be willing to look the other way in most cases have been known to permanently turn their backs on athletes who bet, or who get in on gambling schemes that can affect the outcome of a game. Why is this? Michael Vick operated an illegal dogfighting ring, but that didn’t stop him from signing a…

Online gaming augments players’ social lives

Science Daily – New research finds that online social behavior isn’t replacing offline social behavior in the gaming community. Instead, online gaming is expanding players’ social lives. The study was done by researchers at North Carolina State University, York University and the University of Ontario Institute of Technology. “Gamers aren’t the antisocial basement-dwellers we see in pop culture stereotypes, they’re highly social people,” says Dr. Nick Taylor, an assistant professor of communication at NC State and lead author of a paper on the study. “This won’t be a surprise to the gaming community, but it’s worth telling everyone else. Loners…

Regulation of online poker deals in IRS on winnings

Las Vegas Review Journal – Nearly a year after the launch of real money online poker in Nevada, there’s a new wave of players who must pay taxes on Web poker winnings from 2013. In the years before regulated online gambling, offshore sites that skirted the law to attract U.S. players may not have cooperated with the Internal Revenue Service. But the legislation passed in Nevada and two other states means that the IRS has the means to easily trace online winnings. Nevada’s first regulated real money site, UltimatePoker.com, launched in April 2013, and WSOP.com followed later in the year….

SkillOnNet to launch 14 new online slot games

iGaming Business – Online casino software provider SkillOnNet has announced that it is to launch 14 new online slot games during April. The launch, which will be the firm’s largest ever schedule of new slot games in a single month, will include a mixture of in-house titles and branded gamed from WMS Interactive after the two companies recently agreed a partnership, as reported by iGaming Business. The new games will be released over a four-week period and will be backed up by extensive localised marketing campaigns by all SkillOnNet licensees. In addition, new online casino Slotsmagic.com, which recently went live…

Nearly £1billion gambled on FOBTs in Sussex

The Argus – Sussex gamblers are estimated to have wagered nearly £1 billion on virtual gaming machines dubbed the ‘crack cocaine of gambling’ last year. The controversial high-stake betting shop machines, on which punters can spend £100 every 20 seconds on games like virtual roulette, have been described as dangerously addictive and accounted for around half of all highstreet bookmakers’ profits last year. Nearly £280 million was gambled on the machines in Brighton and Hove alone in 2013, according to figures from the Campaign for Fairer Gambling. Of that, nearly £10 million was lost by punters and across the county…

If the EU States were Casino Games, Who Would be Blackjack?

Blackjack Champ – If some of the EU member states were casino games, who’d get to be blackjack and who’d be a slot machine? Gambling is enjoyed for the most part throughout the entire EU, with only minor restrictions applying in certain member states. Recently, there has been the suggestion that new legislation and regulations could come into place in the very near future, which will provide a ‘blanket’ set of rules on the matter for all countries. This would be beneficial to providers of internet and mobile casinos, which have been subjected to the most restrictions; such as not…