Last month the government of Spain had released a draft proposal for regulation and licensing of online sports betting and other online gambling products. Though the online betting sites had welcomed the move to legalize online sports betting, they had severely criticized the proposal to tax online sports betting on turnover instead of net income….
Most Recent Posts On Our Betting Blog
Betting Exchanges Legal in New Jersey
February 1st, 2011 by Jessica
Governor Chris Christie of the American state of New Jersey has signed the bill allowing betting exchanges to operate in the state for horse racing. New Jersey will become the first state in the United States to have legalized betting exchanges. Betting exchanges are popular in Europe, where they were pioneered by the online betting…
Changes in UK Online Betting Laws
January 19th, 2011 by Jessica
The UK government is actively considering a change in its online betting laws by amending the Gambling Act. The proposal will require all online betting sites wanting to advertise in the UK to obtain a license from the UK Gambling Commission and pay the applicable charges. This has been reported in the Daily Mail and…
Spain Sports Betting Taxation Proposal Challenged
January 14th, 2011 by Jessica
One by one, countries in Europe are accepting that they will have to legalize and regulate online sports betting. Spain is one of the countries that had prepared a proposal for this late last year. It hopes to obtain European Commission approval and also Spanish parliament approval before the end of 2011. However, the draft…
DoJ Opposes New Jersey Sports Betting Bill
January 1st, 2011 by Jessica
In December 2010 the legislature of the state of New Jersey had approved a bill allowing its residents to engage in online sports betting. At that time experts had pointed out that the United States Department of Justice (DoJ) has imposed a federal ban on sports betting and New Jersey would have to work its…
New Jersey Sports Betting Bill Passes
December 17th, 2010 by Jessica
The Senate and the Assembly of the state of New Jersey have passed the much discussed Sports Betting bill. The bill was sponsored by Democrat state Senator Raymond Lesniak. The bill seeks to establish an online betting exchange for sports betting in the state’s casinos and racetracks. Once the betting exchange becomes operational it is…
Officials Seek to Clarify Canadian Gaming Laws at Summit
April 30th, 2010 by Alicia
The Canadian Gaming Summit, which is currently in progress, appears to focus on the subject of online gaming, instead of its usual topics of industrial developments and land-based technologies. Gaming professional have grabbed this opportunity to speak about the online gaming laws in Canada and their opinions about online gaming. President of the Interactive Gaming…
Casino Groups Eager to Enter American Online Gaming Market
April 30th, 2010 by Alicia
Two prominent casino groups have revealed that they are ready to enter the American Internet gambling market as soon as it is legalized. Harrah’s, the world’s largest casino group, has already established an online presence in the UK. The other is PartyGaming, a prominent online gaming concern, which had once established its presence in the…
Are Indians Allowed To Use Offshore Betting Sites?
April 30th, 2010 by Alicia
The Indian Premier League (IPL) matches have encouraged plenty of betting. Although betting is illegal in India, it does not stop people from betting at offshore punting sites such as Paddy Power and William Hill. Rupert Adams, a William Hill spokesperson confirmed that the company receives bets from Indian punters, adding that the company expects…