Posts Tagged ‘Gambling Frauds’
Ongame Network Gets Tough
Online gaming firm Bwin Interactive Entertainment AG has announced that it has decided to exclude Malta-based virtual casino and poker room NextPoker.com from its Ongame Network. The Vienna-based firm revealed that it took the action 'due to repeated violations of the rakeback policy’ and ‘in order to further clarify its intentions and [...]
60 Minutes Report Delayed
Rumours have begun circulating that the American television investigative news programme 60 Minutes will not be airing its long-anticipated story on the Ultimate Bet and Absolute Poker cheating scandals this Sunday. According to numerous reports, the hour-long programme will now air on November 9, during the final table competition at this [...]
UK Industry Could Be Made To Pay
In the UK, the gambling industry has been warned by Government Ministers that it has less than a month to establish a voluntary system to fund the Responsibility in Gambling Trust (RIGT) or it will be forced to pay a statutory levy. According to The Financial Times, the Government will begin drafting legislation to fund the problem gambling [...]
India To Change Money Laundering Laws
In India, the Minister of State for Finance has tabled a bill in Parliament that would amend the nation’s Prevention of Money Laundering Act 2002 and require money transfer providers to abide by mandatory reporting obligations. If successful, Pawan Kumar Bansal’s bill would also see payment gateways such as Visa and MasterCard along with [...]
BetUK.com Criticised By ASA
Gibraltar-based sportsbook BetUK.com has fallen foul of the UK’s Advertising Standards Authority (ASA) over an e-mail campaign in the summer that promoted a Euro 2008-themed full match bonus. Owned by online casino operator Sportingbet, BetUK.com was marketing its Euro 2008 Deposit Bonus and promised a full match windfall for players making a [...]
