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Will Springtime in Paris See Open Poker EU-wide?Fri, Nov 16th, 2007 @ 12:00am Norbert Teufelberger, CEO and co-founder of Bwin Interactive Entertainment AG (Bwin), whose Ongame Poker Network includes PokerRoom and EuroPoker, told Reuters this week that he is optimistic about European countries getting onto a path towards liberalizing online gambling by next spring, creating more legal certainty throughout the European Union (EU) nations. "We hope that we will have more visibility in a few months. There won't be a solution yet, but I think one can have a feeling for the direction this is going to take," he said. And he speaks from a unique personal and business perspective- he had first-hand experience what lengths monopolies have taken to protect their turf. France arrested Teufelberger and joint chief exec Manfred Bodner last year while it investigated Bwin's French football sponsorships and promotional activities in France which it claimed violated French gaming laws (click here to read related article).
Nevertheless, Teufelberger believes that European countries including France could be on their way towards liberalizing online gambling by next spring, creating more legal certainty in the business. "There are many signals," says the chief of the Vienna-listed Bwin. "Who would have thought six months ago that France would move politically? There is movement now." Indeed, France has already indicated a turn in that direction (click here to read related article). And if a major nation like France took the lead in opening up its Internet betting market to other EU nations, it could start a landside in liberalizing the EUR 3 billion (USD $4.4 billion) online gambling market in Europe. "There won't be a European Union-wide solution (in spring), but in individual countries," he said. "The UK already has a solution. Our goal is to find one in one or several major countries. If that's going to happen, there will be a landslide," Teufelberger opined. Read Related Articles:
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Sweden Asks ECJ Questions Impacting European Gaming Monopoly Policy Sweden sent five questions to the European Court of Justice (ECJ) on October 8th concerning the rights of government-owned online poker and Internet gambling monopolies to limit foreign competition under EC rules. Though some say Sweden did so to head off an ECJ case, all agree that answers to this 'comprehensive set of questions' will largely impact the future of the European gambling market.
Neteller's New Name: Neovia Financial- Poker Players Take Note In an apparent related effort to distance themselves from past entanglements with the DOJ over internet gambling in the USA, online payment solutions provider Neteller has proposed to change its name to Neovia Financial at its extraordinary general meeting (EGM) on 11 November.
Bulgaria is Bwin's Latest European Online Poker Expansion The Vienna-listed online gambling group Bwin continues to roll out its targeted expansion into European online poker, using the subsidiary Ongame platform to launch a Bulgarian language and full localized website.
Sandman to Gov Beshear: Regulate Online Poker & Internet Gambling Sites Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative, issued a statement that appeals to Kentucky Governor Steve Beshar to stop the court case to seize 141 online gambling domain names (including those for major online poker sites as Bodog, CakePoker, Full Tilt Poker, Ultimate Bet, and PokerStars). Instead, the governor is encouraged to support legislation to regulate and tax Internet Gambling, which would extend the way he now supports state residents' rights to bet on horse racing online and in casinos, and would address concerns regarding minors and problem gamblers.
A Modest Proposal Regarding Poker Is poker a game of skill?
Jimmy McSweeney wins Ladbrokes Irish Poker Festival The Irish Winter Festival in Killarney had a capacity-straining record-setting 832 entrants, but it was Jimmy McSweeney of Cork Ireland who took home the first prize of an even 100,000 Euros.
Judge to Rule Oct 15 on Kentucky Online Poker Domain Seizure After hearing arguments in a Franklin County courtroom yesterday from both sides regarding Kentucky Governor Steve Beshear's directive to seize 141 online gambling domains, including such major online poker sites as Bodog, CakePoker, Full Tilt Poker, Ultimate Bet, and PokerStars, Judge Thomas Wingate stated that he needs one week to review both sides of the case, so he plans to announce his final historic ruling on October 15th.
Free Tuition from Online Poker Tourney Causing Row in Canada The student union at Cape Breton University in the Nova Scotia province of Canada has endorsed an online poker site that offers Canadian students the chance to win free tuition as prizes when they play in weekly online poker tournaments.
Hungarian Csaba Toth Joins Team RedKings as 3rd Pro Poker Member RedKings Poker just announced the signing of new Hungarian Poker talent Csaba Toth to join their live events team, Team RedKings. The team already boasts two highly respected young Scandinavian players: Swedish pro Jesper Hoog and Finnish sensation Toni Ojala. Csaba will be the third professional team member.
Mercier Tops Juanda for European Poker Tour London High Roller Crown The only poker player hotter than WSOPE Main Event winner John Juanda is Jason Mercier. Since capturing the EPT San Remo title in April, Mercier has put together seven cashes and three final tables. His latest final table appearance ended Thursday with a win in the EPT London High Rollers Event, worth GBP 516,000 (~ $1 million USD). |
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