As it was announced around two weeks ago, the maximum stake limit allowed for every game round in Greece has increased significantly. Till now players could make a maximum stake of two Euro per game round. This amount will be increased tenfold with immediate effect. But what is the reason for this sudden increase of the stake limit from 2 to 20 Euro?
Once again there are bad news for the casino operator Crown Resorts. The Gambling Authority of the Australian Federal State of Victoria has imposed a two -digit-million fine on the company because of illegal financial transactions. But what is the company which is based in Melbourne in Australia being accused of?
Several years ago Japan had decided to give permission for several casino resorts in the country. In the beginning there was huge interest from the side of international gambling companies – nearly every large gambling firm was interested in getting a licence. However, till now no fully-fledged casino resort based on the model of Las Vegas has opened in Japan. Were Japan ‘s casino plans doomed to fail from the beginning?
Just a few days ago the casino Maximus in Schaan opened the sixth casino in Liechtenstein. Thus the gambling sector in the country has changed completely within a few years. Since 1949 there had been a nationwide ban on gambling, which was then lifted in 2010 through the Gambling Act. But what is the reason for the sudden and massive increase in the number of casinos in Liechtenstein?
The burden which problematic gambling puts on the economy is enormous. Several hundred million Euro are necessary year after year to help those involved. Besides this, one must consider the personal fortune of each individual gambling addict. A recently published study concluded that the costs arising from gambling addiction in Norway are around half as high as the gross player income of all legal gambling providers.
In the US Federal State of California an eighty-year-old nun had to answer in court for stealing around 800,000 US-Dollar from school funds. The old woman who had got the money wrongfully had lost the same money in gambling among other things. But must the elderly accused now go to court for her actions?
A few weeks ago, the House of Representatives in Brazil has agreed to legalise many gambling games. This means that very soon gambling games as slot machines, bingo and even some online gambling games could be legal in the largest country in South America. But why is Brazil now deciding in favour of legalising gambling?
A new draft law about the gambling regulations in the country was published in Belgium a few weeks ago. Among other things, this refers to increasing the minimum age required to be able to gamble to 21 years. Besides this, there should be a bonus ban. But what are the chances, that the requested measures are also implemented?
In a recent statement, the boss of the Dutch Gambling Authority called upon the social conscience of the online casinos. Only recently there was a contribution on the Dutch TV which revealed the loopholes of the current player protection measures. Many gambling operators exhaust the legally valid limits – to the anger of the gambling custodians.
Credit checks in Great Britain will lead to better protection of the players from the dangers of gambling. Everyone should only be able to gamble away the money that he or she can verify that he or she has left. As it resulted from a recent survey of a TV-station, many British gamblers are however criticising the planned procedure.
In no other city in the world are there as many slot machines as in the desert metropole Las Vegas. Since some time there is here also an additional “slot machine“ of a special kind. The participants can win real cars in this huge slot machine. But how does this slot machine function and how popular is it?
A young man from the Irish city of Dublin has in several cases defrauded his employer as well as his customers of large sums of money. Besides this he also transferred unauthorised deposit payments to his bank accounts. But why did it take nearly two years for the deception to be discovered?
As the British newspaper The Guardian reported around two weeks ago, parliamentarians, among others those of the ruling Tory-party, have worked for the gambling association Betting and Gaming Council (BGC). To be more precise, it seems that gambling adverts featuring British parliamentarians’ seem to have been created and published. But what is the consequence of this behaviour for politicians?
The Canadian Fiscal Court must presently address the question and decide at which point professional gambling will be considered a job. The current case is about three Poker Professionals who were asked by the responsible tax authorities to pay taxes amounting to around 2,6 million Euro. But what is the reason for this enormous tax claim and what does the law in Germany say?
As it was announced a few days ago, the Parliament of the Balearic Islands, plans a ban on credit card payments for gambling. This means that in the future cash will be necessary to play at a gambling hall or casino in Mallorca. But for which reason will credit cards be banned for gambling?