December 27, 2007
As of January 1st, Germany will be banning all forms of online gambling. Out of 16 of the country’s states, 13 of them have submitted documents to approve this law. Eric Braum, a spokeman for Hess governement expects the other 3 states to follow suit by New Years Eve.
In mid-December all 16 of the country’s legislatures voted to approve the new online betting laws which they negotiated after the ruling in 2006 where the Federal Courts stated the former law was unconsitutional. This new law is geared towards the monopoly the current governement has in how thier state lottery is runned.
The legislatures have heard plenty of criticism from Internet betting companies such as Bwin Interactive Entertainment, due to the newly appointed stance the governement is taking on internet gaming within the country. The new guidelines allow the state to order ISP providers to place a complete block on web sites promoting any illegal activity or who are opertating an illegal betting operation. They will also order banks to refuse money transfers to and from customers. Advertsing gaming will no longer be acceptable on the Internet or television, however it can be approached through other forms of media so long as it is an informative piece and not attempting to “lure” players.
The new law clearly outlines the definition of online gambling in germany as;
” Placing a bet from German territory over the Web with a company based outside of Germany”
December 24, 2007
It appears that Playsafe Holdings is under scrutiny for amounts unpaid to customers and licensees. The company who is one of the top developers and owns the ActionPoker.com, Tiger Gaming.com and an affiliate website for Wagerprofits. The original reports stem back from August with players owed money all the way back from April of 2007. Point-Spreads.com first reported that they had recieved complaints from players who were not being paid from the company as promised. Although the company did eventually email the players to tell them that payment would be made, they never recieved it.
Point Spread has been viglantly attempting to collect the money on the player’s behalf and was able to do so with two accounts however at this point in time all communications with Playsafe Holdings have ceased.
Initially back in March of this year Playsafe Holdings AS owed one licensee $16,518.00 in rake alone and poker players of the actual licensee the amount of $55,314.17. They also continued to run the licensee’s poker room after the room was supposed to be closed. The licensee at the time did not know anything of this. Playsafe also stopped sending reports once they closed off all access to the admin panel from the licensee.
Players and affiliates are taking caution at the moment untill further details develop and it is advised that players not use this network until such time as the issues with Playsafe Holdings is resolved.
December 24, 2007
The European Union came to an agreement with the United States last week which resulted in the EU being compensation by the US. The agreement enforced the US to open it’s doors to warehousing, courier services (Fedex) and the testing services to the EU for the ban that was imposed on the online gaming market.
Within 24 hours of the agreed compensation package the US has stated that certain areas of the agreement were not black and white and thus clarrified items as to what they will be offering. The proposed postal services is one of the these areas. Currently the United States Postal Service has already allowed foriegn markets to handle overseas mail for the last 20 years. With this new compensation plan, the EU has only made these services legal and binding and nothing will change from the current status as it is. This means that domestic delivery and storage at ports and airports would remain closed.
An official added that this had “real value” and the EU agreed. “It gives the sector legal certainty. There is real value in binding the commitments,” said the EU trade commissioner, Peter Mandelson.
A USTR official said it was “a rebalancing of legal commitments”. Nao Matsukata continued with “If they have agreed legally binding commitments that must have the approval of Congress as they do not have fast-track authority. I would expect to see congressional leaders taking a look at this,” he said. His firm works for a financial services company with interest in the case.
December 23, 2007
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