U.S. banks balk at online gambling transactions

Press of Atlantic City – As New Jersey launches its first Internet gambling trials today, regulators are acknowledging there will be banks and credit card companies refusing to permit the transactions – at least for now. “Clearly, we’re going to have struggles for some folks who are going to not be able to have their accounts funded through traditional means with their own bank,” New Jersey Division of Gaming Enforcement Director David Rebuck said. “They’ll do it through alternate means, or they’ll find other banking institutions that will allow them to. It’s going to be a growing process.” A five-day…

New Jersey online gambling test starts

iGaming Business – David Rebuck, the director of New Jersey’s Division of Gaming Enforcement, has pledged that new standards in monitoring online gambling will be set as the state launches a five-day trial later today ahead of a full launch next week. According to ABC News, invited players in the state will test the real-money online gambling systems of New Jersey casinos. The test period will allow regulators to monitor technology that has been designed to establish if all gamblers are within the state’s borders and aged 21 or over. Players will also test out electronic payment technology as well…

New Jersey Senator Expected to Announce International iGaming Bill

Online Poker Report – The preparation and anticipation for New Jersey’s soft-launch scheduled for 6PM on Thursday may have somehow been trumped on Wednesday. State senator and online gambling advocate Raymond Lesniak is expected to introduce yet another online gaming bill in New Jersey. Lesniak has revealed the basics of his bill. US players would not be able to take part in international player pools under his proposal. Lesniak will make his announcement at 10:30 AM on Thursday, some eight hours before New Jersey’s online gambling industry goes live with its soft launch. According EGR North America, Lesniak will seek to…

European Commission increases pressure on Sweden & others

The European Commission has launched infringement proceedings against a number of European Union member states, with Sweden firmly in the firing line and Belgium, Cyprus, Czech Republic, Lithuania, Poland and Romania also under increased scrutiny. The commission has told Sweden to comply with EU rules on the free movement of services with regard to the regulation and supervision of its gambling monopoly after having already issued a “reasoned opinion” in 2007. “In two separate proceedings the European Commission has requested Sweden to ensure compliance of its national rules establishing exclusive rights for the provision of online betting services and for…

Betclic Everest CEO calls on France to regulate online casinos

iGaming Business – Isabelle Andres, chief executive of France’s leading private operator Betclic Everest Group, has called on the country’s authorities to regulate online casinos as a way of generating tax revenues and control a market that has been operating openly and unregulated since France introduced regulation of its igaming sector in 2010. In an interview with iGaming Business, Andres recognised that any effort to regulate online casinos in France would be “a long term effort but there is something which I find hard to believe politicians and parliamentarians have not thought about: when it comes to protecting consumers, the…

Hasbro and EA team up for Monopoly Bingo and Monopoly Slots

iGaming Business – Leading casual games provider Electronic Arts (EA) has teamed up with toy and board game company Hasbro to launch Monopoly Bingo and Monopoly Slots for mobile and tablet devices. The Monopoly-themed bingo game gives players the chance to enjoy traditional Monopoly game play within a bingo environment. Featuring ‘Chance’ mini-game rewards and ‘Lucky Number’ bonuses, the title allows players to collect virtual rewards with each win, such as Monopoly properties, tokens, and house and hotel upgrades. In addition, the Monopoly Bingo Fall Feast room is now open for a limited time and comes complete with exclusive collection…