Alderney permits Togel Hongkong sports bets

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Alderney permits US sports bets E gaming Review Alderney, the prestige European egaming domicile, has taken the landmark decision to allow its operators to accept sports bets from the US. The Alderney Gambling Control Commission voted on 28 February to adopt what it called “a free-market approach towards egambling”.

“[Alderney] will not prevent its licensees from offering gambling to players in other countries, whether it is egaming or ebetting,” an official statement said.

 

Andre Wilsenach, chief executive of the AGCC, said the current egaming environment meant the decision to accept bets from certain jurisdictions should be driven by regulators.

 

“The World Trade Organisation’s ruling in favour of Antigua showed the laws preventing gambling are not always put into place to effect players,” Wilsenach said.

 

“At the end of the day accepting bets from the US, China or wherever is a business decisions and not a regulatory one,” he added.

 

The decision by the AGCC still places the onus on the Togel Hongkong licensee to ensure it complies with legal requirements affecting it.

 

But Wilsenach said the AGCC had no intention of attempting to enforce the laws of other countries.

 

And Nigel Payne, chief executive of Sportingbet, said it was an important step for the online gambling sector.

 

“It is clear first-class jurisdictions such as Alderney have sufficient confidence in their procedures to overcome any issues the US may have, which is encouraging for us all,” Payne said.

 

Alderney’s decision comes hot on the heels of the Isle of Man’s announcement it would allows casino and poker operators to accept bets from the US.

 

But Wilsenach insisted this was not a tit-for-tat decision.

 

“We haven’t reconsidered due to what has happening in other jurisdictions, but because the playing field has changed,” Wilsenach said.

 

The UK government had previously said it would allow its operators to accept bets from the US.

 

But there are still concerns about the potential tax structure under a UK egaming regime, and Alderney is one of several domiciles looking to capitalise on any potential UK exodus.

 

And Payne said Alderney would now be a serious consideration for his firm.

 

“If our servers ended up not in the UK, then Alderney is one of the places I would be very happy to be,” he added.

 

Harrah’s shuts down U.K. gambling Web site

 

Harrah’s Entertainment Inc. has suspended the operations of an online gambling site based in the United Kingdom after posting losses of $9.3 million last year.

 

The move marks the second time a Las Vegas casino giant has tried and failed to tap into the lucrative Internet gambling market.

 

The site, called Lucky Me, was introduced in November 2003 for British bettors and was suspended in October, the company disclosed Tuesday in its annual report to shareholders.

 

The site was discontinued because it was losing money, Harrah’s spokesman David Strow said.

 

Rather than the typical method of gambling for money, the Web site allowed players to access as many games as possible — with new games offered every seven-and-a-half minutes — with a monthly subscription. Gamblers paid from about $17 to $84 per month for access to bingo and other games with cash prizes ranging from $8.50 to $1.7 million.

 

Lucky Me featured an identification process that prohibited bets from U.S. residents as well as from other countries where Internet gambling is prohibited.

 

The site was developed in partnership with Revahertz Networks, a Boston-based, privately-held software game developer that founded Gamesville, a games-for-prizes site that was sold to the Internet search engine Lycos in 1999.

 

Harrah’s in January said it would dissolve a partnership with Gala Group Ltd., a U.K. bingo hall operator, to build casinos in Britain after lawmakers there significantly restricted the number of casinos that can be built under a pending gambling bill. The bill, in its present form, is expected to allow up to eight Las Vegas-style resort casinos.

 

At the time of the Gala deal, Harrah’s and other U.S. operators were optimistic that more casinos would be legalized. But concerns about problem gambling and a proliferation of neighborhood casinos led to a more restrictive gambling bill than had been anticipated.

 

Strow said the gambling bill and legislative concerns didn’t factor into the decision to abandon the Web site.

 

Similarly, MGM Mirage in 2003 shut down a gambling Web site that catered to U.K. and European customers. The site didn’t attract enough bettors because it prohibited bets from U.S. bettors in order to comply with state and federal laws against Internet gambling, MGM Mirage officials said.

 

Many big gambling Web sites operate in a legal gray area because they accept bets from Americans over the objections of the U.S. Department of Justice. These sites tend to be profitable because the United States, which hasn’t prosecuted online bettors, remains the biggest market for Internet gambling.

 

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