iSoftBet and Bally Partner for Online Gambling in Europe

The recent announcement from Bally Technologies that it will be moving into online gambling in Europe via a deal signed with casino supplier iSoftBet will give the punter even more quality choices. Bally which is headquartered in Las Vegas Nevada has recently begun to expand its corporate footprint. Bally recently opened a new European sales and service hub in Amsterdam. It also operates two research and development centers in Chennai and Bangalore, India, employing approximately 900 people. The Bally iSoftBet deal, will enable it to utilize iSoftBet’s position in the market to provide online gamblers in Europe with the best…

Court Rejects U.S. Tax Practice on Foreign Gamblers

Foreign gamblers cannot be taxed on every winning bet they make in U.S. casinos when they end up losing money overall, a federal appeals court ruled on Tuesday, rejecting current Internal Revenue Service policy. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the IRS must treat foreign gamblers the same way it taxes U.S. bettors when they visit a casino. “After a night of gambling, it’s no fun to walk out of the casino a loser,” wrote Judge Brett Kavanaugh for a unanimous three-judge panel. “But it’s even worse when the IRS, on your way…

Zynga unveils real-money gambling games

From iGaming Business Social gaming services provider Zynga is set to unveil its new real-money gambling games today at an event in Barcelona, Spain. According to Venturebeat.com, the launch is the latest move from Zynga as part of its strategic growth strategy to expand into social networking website Facebook and the mobile gaming games market. Sean Ryan, head of game partnerships at Facebook, will launch the new Facebook titles for Zynga at today’s event. The games include ZyngaPlusPoker and ZyngaPlusCasino; gambling versions of Zynga’s social games produced in partnership with British real-money online gambling company Bwin.party. Both games will be…

Paddy Power to debut Facebook real-money sportsbetting

From iGaming Business Irish bookmaker Paddy Power is to become the first company to trial real-money sportsbetting on social networking website Facebook. Paddy Power In-Play, an in-house developed product, is being trialled as a Facebook application for UK desktop customers; a market the social network has selected for the initial launch of real-money gambling on the platform. The app will bring social engagement to online betting, allowing customers to bet on a range of sports through the website while also giving them the opportunity to engage with other users. Player participation will be subject to strict age verification checks. Peter…

Mobile Gambling to Become Legal Across Europe

It is inevitable that new types of mobile gambling games will become legal across the European Union, according to Intralot’s head of information security, Dr Christos Dimitriadis. Intralot creates lottery systems and terminals and provides additional services to lottery companies. It currently does not have dealings with UK National Lottery operator Camelot, but it has a presence in 55 other countries across the world. Speaking to Computing at ISACA Insights World Congress 2013 in Berlin, Dimitriadis explained that the company would be able to explore new business opportunities if mobile gaming became legal across the EU. “The business model of…

Belgian Gaming Commission ‘blacklists’ four more

From iGaming Business Four more Internet domains have been added to the ‘blacklist’ of betting websites banned in Belgium. The Belgian Gaming Commission has added Betsafe, InterCasino, 1bet2bet and Casino Belgie to a list that, according to reports in the country, now includes 76 domains. Under recently introduced rules in the country, only land-based operators can apply for online gambling licences in Belgium. However, reports have indicated that the websites are still open to users in the country and are yet to be blocked. “People who use the websites could be fined but that is not our primary goal,” Commission…