Bullet Business

Norbert Teufelberger, Co-CEO of bwin, has stated that the “lack in regulation and insistence on preserving the anachronistic monopolies” do not reflect an up-to-date approach in fraud control but actually accomplish the exact opposite: the emergence of an uncontrollable black market.

GTECH G2, leading igaming software and gaming management system provider, will host a breakfast debate on the Harmonization of European iGaming Law in London 2nd December. Representatives from Alderney, France and Italy will present opposing views on the harmonization of igaming law across Europe vs individual State controlled igaming policies.

The Paris Court of Appeal has upheld the ban on Unibet offering wagers on matches played at the French Open.

Some of Europe’s leading gambling operators have all signed up to the 4th Annual Legal Gaming in Europe Conference to discuss the gambling industries biggest obstacle to growth – regulation.

The event is proving to be very timely as gambling regulation is still hot on the agenda for operators.

Betonsports chief David Carruthers has dropped his guilty plea to racketeering charges just days before he was to be sentenced in the US.

The French government has reportedly effectively outlawed the online betting exchange Betfair after passing an amendment to new gambling laws.

Describing the development as a “surprise last-minute amendment”, The Guardian reported that betting exchanges such as Betfair that allow punters to lay as well as place bets were excluded from the legislation.

It is being highlighted that the legality of gambling in South Carolina is back in spotlight.

According to a report filed by SC Now, several gamblers have been arrested following a series of raids across the state. For instance, in one of the raids, two people were arrested in Greenville County because of what deputies call an “illegal poker operation.”