|
PokerPages > Poker News > Poker News
Poker News - Poker News
Search News:
Will Finland Create a State Online Poker Monopoly?Mon, Apr 21st, 2008 @ 12:00am Though gambling in Finland is organized as a national monopoly, online poker has yet to be managed by government agencies; but the idea to do so is being rekindled according to comments from Veikkaus, Finland's national betting agency for lottery and sports betting, managed by the Finnish Ministry of Education. Finland's Gambling market is divided between three governing bodies. In addition to Veikkaus Oy, who manages lottery and sports betting, there is RAY, the Slot Machine Association who operates and oversees casino games, slot machines and table games, as well as Fintoto Oy, who runs pari-mutuel wagering on horses and online games. Following a report in Finnish newspaper Keski-Uusimaa that Finns spend as much as 50 million euros annually on foreign online poker sites, Veikkaus, said they felt they could keep a significant portion of that money within Finland and use it towards public projects. "We could gather the majority of the revenue flowing out," said Ilkka Juva, communications manager for Veikkaus. "Certainly not all of it, but two thirds of 50 million euro could be attainable." Nearby Sweden's state-owned monopoly Svenska Spel could be used by Veikkaus as a business model, should the proposal move forward. The STT news agency said recommendations for the reform of gambling in the country would be made around December. NOT THE FIRST TIME ONLINE POKER IS TARGETED This is not the first time Finnish government officials have eyed the revenues generated by online poker. This past January, Finland's culture and sport minister Stefan Wallin claimed that the government should run an online poker service to bring the revenues earned by foreign operators back to Finland. His proposal was in direct contrast to a proposal that the Ministry of Social Affairs and Health had put forth a week earlier to enable Internet gamblers to claim back their losses by being paid by either the firm providing the online poker services, a credit card company, or the winning player in the game. The move would effectively deter most foreign operators, since they would not wish to operated in a country requiring such refunds, leaving an effective Finnish state online poker monopoly. Read Related Articles:
More Poker News Articles
Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming.
Tiffany Michelle and Maria Ho Hit the Amazing Race Rail After surviving six legs of the Amazing Race by the skin of their teeth, poker pros Tiffany Michelle and Maria Ho were finally eliminated in the CBS reality show's most recently aired episode. Michelle and Ho, the last women standing in the 2008 and 2007 World Series of Poker Main Events, gave reality television fans another chance to watch poker personalities compete away from the felt. Annie Duke garnered quite a following earlier in the year on another reality show competition, NBC's Celebrity Apprentice.
Isaac Baron Dominates Caesars Classic Main Event Isaac "westmenloAA" Baron ran over the final table of the Caesars Palace Classic $5,000 Main Event, amassing a huge chip lead and going home with the $246,928 first prize. It took two long days to narrow the 162-person field to the final ten. A very high percentage of the entrants were recognizable tournament circuit players, and unsurprisingly, the stacked field produced a tough final table lineup.
Tonight- ESPN shows Day Before WSOP Main Event Final Nine are Set- Oct 27 Tonight (Oct. 27) at 9pm ET, ESPN will broadcast highlights of action on the day before the Final Table of the 2009 World Series of Poker (WSOP) Main Event was set. Only 27 players remain when this one-hour show begins.
Frenchman Wins PokerStars EPT Warsaw Poker Tourney At the PokerStars European Poker Tour Warsaw No Limit Texas Hold'em main event that wrapped up yesterday, French businessman Christophe Benzimra finished first taking home 358,644 Euros in prize money, while Italian poker pro Alfio Battisti finished second in the tournament.
Vedes Conquers WPT Festa al Lago Final Table Tommy Vedes is the WPT's newest champion! Vedes outlasted 274 players to win the Festa al Lago title and the $1,218,225 first prize. Freddy Deeb, who began the final table with the chip lead, hoped to win his third WPT title and tie Gus Hansen's record. Instead, Deeb was forced to settle for 4th place, leaving room for a new WPT champ. Click here for in-depth coverage of the action and photos from the final table.
Will Hungarians Get Taxed on Poker Soon? Hungarian lawmakers have plans to tax poker winnings and regulate clubs to generate much-needed revenues during the country's worst economic crisis since the end of communism, reports Germany's Deutsche Weele.
Freddy Deeb Leads World Poker Tour Final Table The WPT Festa al Lago Main Event is down to the final six after five tough days of play. Two-time WPT champion Freddy Deeb brings the chip lead along with the benefit of his under-the-lights experience into Monday's televised final table. Deeb previously won the WPT Season III Aruba Poker Classic and the Season VII Celebrity Invitational. He also owns two World Series bracelets and has amassed over $6 million in tournament winnings. A win on Monday would add $1,218,225 to that total. Click here for photos from the felt and final table chip counts. |
Online Poker »
Poker News »
Blog Coverage
Top News
Moon and Cada Heads-Up, Ivey 7th at WSOP...
PokerStars Launches New UK and Ireland... Peerless Media Agrees to Purchase World... Top Tournaments
|
All Poker and free play poker content ©2009 Advanced Global Applications, LLC. All rights reserved.
If you or someone you know has a gambling problem, visit either: National Council on Problem Gambling or Gamblers Anonymous International Service

