Changes for U.K. Online Gambling Rules On Track

Online-Casinos.com – The laws of the land are about to change in the United Kingdom regarding online gambling licenses and the taxes collected. The proposed new regulations will require all online gambling companies operating in the United Kingdom’s jurisdiction irrespective of the location of their base of operations will have to obtain a U.K. Gambling Commission license. On top of that detail, there will be a new point of consumption tax of 15% raked from the operator’s profits, and a pledge by the companies outside the U.K. to immediately inform the U.K. Gambling Commission of any suspicious behavior by customers…

iGaming Unlikely in Mississippi for 2014

Poker News – The Executive Director of the Mississippi Gaming Commission, Allen Godfrey, penned a “Gaming Industry Forecast” for Casino Enterprise Management. In it he talks about the recessions, increased regional competition, and of course Internet gaming. Unfortunately for those in the state, Godfrey isn’t optimistic for iGaming’s chances. “While it remains unlikely that Mississippi will copy other states that have legalized some form of Internet gaming, Mississippi will always remain committed to technological innovations that increase efficiencies and lower cost to increase revenue,” Godfrey said. “Now, as 2014 arrives, the Mississippi Gaming Commission remains committed to fairly regulating and…

Zynga takes first real-money poker app to Facebook

iGaming Business – Social gaming company Zynga has launched its Zynga Plus Poker product on social networking website Facebook, according to the Pokernews.com website. The product, which is currently only available to Facebook users in the UK, utilises the network and software of Partypoker, the internet poker brand of online gaming company bwin.party. Zynga announced plans to launch the application on Facebook when it unveiled web and download versions of its ZyngaPlusPoker and ZyngaPlusCasino brands for UK players back in April 2013, as reported by iGaming Business. Zynga, which struck its original deal with Facebook to launch real-money games in…

No Shared Liquidity = French Online Poker Decline

Poker News – Online poker has struggled mightily in France over the past few years, and a recent financial report released by the France’s gambling regulator ARJEL showed that revenues took another significant hit in 2013. This week’s report by the ARJEL revealed that gross gaming revenues from online cash games dipped 13% to €258 million in 2013, with revenues in the fourth quarter of the year down 12% to €65 million. iGamingBusiness reports that stakes for online poker tournaments were up 5%, but it was not enough to make up for the drop in cash game numbers. Many licensed…

Paysafecard continues expansion with Lithuania launch

iGaming Business – Pre-paid payment provider paysafecard has continued to expand its global operations by launching its core product in Lithuania. The specifics of the firm’s paysafecard have been adapted for the local market, with products issued in local currency in various amounts. The 16-digit paysafecard PINs will be available at over 2,000 terminals across the country, with the majority of these located in the cash till area of supermarkets and shopping centres. In addition, paysafecard has also joined forces with local partner Ashburn to support the move into Lithuania. Under the partnership, paysafecards will be distributed through the countrywide…

Nevada’s hesitation on Internet gambling will cost

Vegas Inc – If Nevada is going to be the dominant state for Internet gambling, it’s going to have to make some tough decisions about where it should go from here. Two companies — Station Casinos and Caesars Entertainment — are dealing virtual cards in online poker games under their respective Ultimate Poker and World Series of Poker brands. Others are expected to join the poker party in the weeks ahead. In New Jersey, six casinos began live online poker games last month, and the state has promised to offer other casino games, including blackjack, roulette and slot machines, in…