Column: FIFA presidency no laughing matter as would-be candidate becomes frontman for gambling

10 will pit two Asian online bookmakers against each other. “There’s more passion, more pleasure and more pain.”

Ginola has zero chance of unseating Sepp Blatter. In pocketing 250,000 pounds (335,000 euros; US$375,000) from bookmaker Paddy Power for this stunt, Ginola became the latest Trojan horse in the gambling and gaming industry’s creeping and creepy embrace of football.

Sport “matters more when there’s money on it,” it says. What ever happened to sport for sport’s sake, for the buzz of competition, not a bet? How quaint. This was about making a splash. It reads like a plug for Fifty Shades of Grey.

That is the message that football, more than most other sports, is mainlining into our homes, helped by names like Ginola and teams lending their cachet, stadiums, jerseys and m88th players to the industry that had cash to splash when the 2008 financial crisis hobbled other sponsors.

But the targets were our wallets and spending habits, not our hearts. In the UK, which liberalized gambling advertising in 2007, adults’ exposure to gambling commercials on television soared five-fold in eight years to 2012, regulator Ofcom found. The increase was three-fold for children aged 4-15.

Sports and gambling have, of course, long gone together, feeding off each other’s success and growth. “It’s great for Paddy Power. But I mean you’re talking about one of the biggest, powerfulest jobs in football and all you’re getting to hear about is Paddy Power.”

Asking your kids to make tea during half-time breaks won’t shield them from the bombardment, not with gambling ads flashing throughout matches on pitch-side light-boards. Hull against Aston Villa on Feb. It won’t happen; FIFA’s ethics rules should see to that. Write to him at jleicester@ap.org or follow him at http://twitter.com/johnleicester

. Tuning in for results of football betting pools, which offered big jackpots for small stakes, was a Saturday afternoon ritual for many 20th Century English families.

We’re talking here about David Ginola. After Thursday’s passing of the entry deadline, “Team Ginola” should fade away.

Imagine, for a moment, a Paddy Power-financed FIFA president. FIFA’s election and ethics rules will almost certainly keep him off the May ballot. Bet some more.

John Leicester is an international sports columnist for The Associated Press.

And that isn’t funny at all.

Twaddle takes a very dim view of Ginola’s Paddy Power-backed grab for FIFA.

But that’s not the point here. But the mere thought of the gambling industry even attempting to place a stooge at the very top of football makes the prospect of another Blatter term seem perhaps not quite so bad.

“I’m here today to talk about love” were the Frenchman’s seductive opening words at his campaign launch in London this month.

“It’s eyeballs we’re after,” 12Bet executive Rory Anderson, quoted in the Daily Mail, said when the online bookmaker became the name on Hull City’s shirt for this Premier League season.

PARIS –  Don’t laugh. Bet again. So silky as a player for Newcastle and Tottenham; so ridiculous now with his car-crash campaign for the FIFA presidency.

And how about this blurb from Sky Bet, title sponsor since 2013 of England’s three divisions below the Premier League. There’s nothing funny about the gambling industry’s latest wheeze to sink its teeth even deeper into football and its fans.

Whoa. That much was clear from the Paddy Power branding.

“It’s an absolute disgrace,” he said in a phone interview. Villa’s shirt sponsor is dafabet, a name that works better in Chinese, where “dafa” means “big wealth.” Stoke and Burnley players are billboards for Bet365 and Fun88 (another name that plays on the Chinese word to get rich).

Bet. That was before online bookmakers offered odds on anything and everything, from match results and goals scored to which team will win the coin toss or take the first corner, and before their relentless advertising.

One of those is Kevin Twaddle, a former player for Motherwell and other Scottish clubs who told his story in the biography, “Life On The Line: How to Lose a Million and So Much More.” He no longer gambles and has delivered talks to other players about the risks.

___

All this in a sport grappling with the increasing danger of gambling-related match-fixing and with ample examples of gambling-addicted players who frittered away their wealth.

“It just makes like a mockery of football.”

But gambling advertising wasn’t as in-your-face as now

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Is Betting on Horses With Betting Exchanges a Sensible Thing to Do? Part Two by Cliff Thurston

Having secured your early price of 5/1, you place your bet of ?50 on the horse.. Therefore your total profit is ?150 less ?50, which is ?100.

However you are selecting your horses, betting with betting exchanges is certainly something that you should be doing.

Betting exchanges actually allow you to continue placing bets on horses in a race, even after the race has started. As you can see, there really is no mystique surrounding them and I highly recommend that you give them a go.

Well, it can and does happen. You may have a friend giving you racing tips on the sly (and for free) or you may be using some of the many horse racing systems that are out there.

By betting on horse racing using an exchange, this does not happen. You think the price will shorten come race time, and so you?ve done the right thing and taken the early price. It?s a tactic often used by traders who play the financial markets, but it can be used for betting on horse racing as well, and can guarantee you a profit on a given race.

Reason Four ? Trading Your Bets To Secure Yourself A Profit

However, if your horse loses it race, your lay bet will profit you ?150 (?75 at a price of 2/1) but your ?to win? ทางเข้า m88 bet was not successful and so you will pay out ?50 for this. More so in the local high street bookies, where you may be given the option to have some of the bet at 20/1 and some of the bet at the Starting Price ? which is likely to be far lower come race time.

Some of my members actually place their bets as soon as I advise them in the morning, meaning that they can take the best priced odds available, or indeed as I mentioned in the previous article, by naming their own price to see if it gets matched.

And when I use words like technical and detailed, you?ll be pleased to hear that I do not mean complicated. This is something that is both new and requires nerves of steel, as while the race is still going, the betting market for each horse is constantly changing as each horse jostles for position in the race.

Imagine that you?ve chosen to back a horse at 5/1 in a race. This enables you to take advantage of the often advantageous early prices of horses, long before everyone else starts lumping their cash on, leading to the price coming down.

Reason Two ? No Limit On Betting Stakes

I don?t know about you, but one of the real frustrations I have as a punter is reading the newspaper or hearing on the television of a good early price for a horse, yet when you go on the internet to check, prices are not always available.

Reason One ? Get Prices For Horses 24 Hours A Day

So this concludes part two, the final part of this article series regarding betting on horses using the betting exchanges. Due to the drop in price, you could also decide to lay the horse to lose and place ?75 on that bet.

In part one of this article series, I covered the basics about betting on horses with betting exchanges and showed why they have become so popular with punters.

I also went through three key reasons why you should use betting exchanges, whether you?re using a horse racing tipster service or backing your own judgment of the horses. So let?s crack on and look at these four key elements that could enable you to make more profit from horse racing.

I must admit that this is not something that I myself do, as it is simply too risky for my betting philosophy, however there are plenty that do like the excitement of it, and profit from it.

Guarantee a profit I hear you say, never. Well, let me explain:

Of course, in the longer races, say a two mile hurdle race, there is a little more time to think, but in a five furlong sprint race you do not have much time at all, in fact most races are over in 60 seconds or less!

And so in this article, I will explain some of the more technical and detailed facets of using a betting exchange, that could enable you to profit even more from your horse racing exploits.

How frustrated would you be if you?d received information from your horse racing tipster, about a gem of a horse that was over valued in price and likely to win its race, only to discover that putting a substantial bet on at 20/1 was out of the question?

And of course there is not a bookie in the land that opens there doors at 7am, so that avenue is blocked off as well.

If you?ve ever got to the bookies just as a race is about to start, only to be told by the ?friendly? assistant behind the desk that you?re too late to place your bet, then you?ll like this one.

Is Betting on Horses With Betting Exchanges a Sensible Thing to Do? Part Two

 by: Cliff Thurston

Reason Three ? The Race Has Started, But You Can Still Place Your Bet.

So there you have it, it is possible to guarantee that you make a profit in a race, if you are able to back the horse at one price and lay it at another (lower) price. As race time approaches, you notice that the price of your horse has come in from the 5/1 that you backed it at, to a price of 2/1. This can also be done in reverse too, so you could lay a horse to begin with, and if its price drifts out (increases) then you can guarantee profits by backing the horse at the higher price.

I?ve deliberately left this one until last, as it is a kind of an underground betting tactic if you like, although it is now growing in popularity. If you place a request to back a horse for a large sum at 20/1 and another punter is willing to lay the bet at that price, then you are able to have your bet placed without any questions being asked

If your horse wins its race, your winning bet will profit you ?250 (?50 at a price of 5/1) but your lay bet was not successful and so you will pay out ?75 for this. Therefore your total profit is ?250 less ?75, which is ?175.

So, how are you guaranteeing a profit by doing this? Well, there are of course only two possible outcomes for the horse that you?ve selected ?it will either win the race or it will not.

With a betting exchange however, you can place a bet whenever you want

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UPDATE 1-Crime gangs launder $140 billion through sports betting

Among solutions, the report recommended a sports betting tax to finance investigations into match-fixing and closer cooperation between betting companies and sporting bodies. (Reporting by Julien Pretot and Keith Weir, Editing by Ed Osmond/Amlan Chakraborty)

A number of soccer leagues have been hit by match-fixing scandals in recent years and three Pakistani cricketers were jailed for a plot to deliberately bowl no balls during a test match against England at Lord’s in 2010.

Several territories were identified as “sports betting havens”, with England topping the list with 114 online betting licences granted, ahead of Malta (86).

Eaton, a former head of security at FIFA, said the changes have made suspect betting patterns harder to spot.

“The problem is getting worse,” Mohammed Hanzab, president of the ICSS, said in his opening speech at the Sorbonne on Thursday.

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“If we do nothing sport will become to be seen as an arena of corruption.”

PARIS, May 15 (Reuters) – Criminals are using betting on sports events to launder $140 billion each year, a report said on Thursday, exposing a lack of effective regulation that allows match-fixing to spread.

(Adds quotes, details)

UPDATE 1-Crime gangs launder $140 billion through sports betting – report

UPDATE 1-Crime gangs launder $140 billion through sports betting – report

Soccer and cricket were identified as the sports most threatened by criminals seeking to rig the gambling market but tennis, basketball, motor racing and badminton were also affected, according to the report, which is based on a two-year research.

According to the report, 53 per cent of the illegal betting comes from Asia, while 49 per cent of the legal market is based in Europe.

“It’s too important to be left to the bite of compromise,” said Eaton.

Technology and live television have transformed the sports betting market in recent years, allowing viewers to bet on a wider range of events and gamble in real time as a match progresses.

“The rapid evolution of the global sports betting market has seen an increased risk of infiltration by organised crime and money laundering,” said Chris Eaton of the Qatar-based International Centre for Sport Security (ICSS).

Thu, May 15 05:17 AM EDT

The report, compiled by the ICSS think-tank and the Sorbonne university in Paris, said that 80 percent of global sports betting was being carried out on illegal markets, placing it beyond the reach of regulators and investigators.

Casino win on Las Vegas Strip pulls statewide numbers down

The agency attributed the drop to a particularly well-visited March 2014, when the CONEXPO trade show and its 129,300 attendees were in Las Vegas.

That’s despite wagers on the NCAA Tournament that broke basketball betting records in Nevada’s sports books. Gamblers bet more on baccarat in March than a year ago — $818.5 million — ending six consecutive months of a decline in volume.

“There are more ways to bet” and more bets to make, he said.

The Nevada Gaming Control Board reported Wednesday that the state’s casinos kept $951 million of what was gambled in March, down 3.2 percent from $982 million in the same month a year ago.

Gambling revenue increased everywhere else in Clark County, including downtown’s Fremont Street, Laughlin, Mesquite and the region’s casinos that appeal to locals. Reno saw its casino win bump up 6.8 percent to $46.5 million in the month.

The Las Vegas Convention and Visitors Authority reported Wednesday that the number of visitors dropped 1.7 percent in March to 3.6 million. Sports fans bet $375.3 million and casinos kept some $27.9 million of it, up 43.9 percent from a year earlier.

But overall, the state continued to suffer at the hands of baccarat, the high-stakes card game that can be the difference between a good and not-so-good month for casinos, especially those on the Las Vegas Strip.

March Madness could only do so much.

Sports betting has been on a steady climb, breaking the record for total bet for five consecutive years, Lawton said.

Statewide, casino winnings have fallen 2 percent for the fiscal year so far, from almost $8.5 billion in 2014 to just over $8.3 billion in 2015 since July.

Those casinos won $68.1 million from the table game in March, a 33 percent drop from the same month a year earlier. For seven of the last eight months, baccarat’s results have been worse than the previous year.

On the Las Vegas Strip, which handles the mammoth portion of the state’s gambling business, overall casino winnings slipped 9.6 percent from a year ago to $507 million..

The state collected $79 million in fees in April based on the March win figures, down 5.6 percent.

Gaming Control Board analyst Michael Lawton said there was at least one bit of good fortune in the numbers

CNN.com – The business of gambling

lottery sales topped $45 billion dollars.

Online gambling sites, he said, “show the power of the Internet to both create and carry a gaming trend.”

“I think the acceptance level and the professionalism that was brought to it, those things combined, I think, have grown the business to be as we see it today,” he said.

“There are always going to be workarounds,” he said. Cable television channels and local bars are full of “Texas Hold ‘Em” poker.

By Marsha Walton

CNN

“Internet gambling has become a substantial phenomenon in the gaming industry space,” said Las Vegas attorney Anthony Cabot, a specialist in gaming law.

“We never want anyone to come thinking they are going to win to pay their house payment or their lighting bill. That means more temptation for problem gamblers. NIGA , a nonprofit group, was formed in 1985 to deal with gaming and business issues facing 184 Indian Nations.

“I don’t think anyone predicted the appeal and the popularity it has grown to,” O’Donnell said. “Legislators will have a hard time ever stopping online gaming. Now nearly 4 million people a year visit their no-alcohol casino, according to Cherokee Chief Michell Hicks

story.gambling.jpg

Commercial casinos in the United States generated nearly $29 billion in gross revenue last year.

“We have approximately 13,000 members; each member is receiving approximately $7,000 per year from the casino profits,” said Hicks, the current chief.

Polls by the Gallup Organization show state lotteries are the most popular form of gambling among Americans. Gaming is helping us out of that mentality and now we’re helping ourselves and that’s exciting,” said Dugan.

But the laws on this form of gambling in the United States are still somewhat murky.

Before the casino, Dugan said, many in the region worked for six months when tourists visited the Great Smoky Mountain National Park, but had to rely on some form of welfare during the winter. It tears at your spirit. news, politics, entertainment, health, crime, tech and more.

Most people do gamble without any problems, he said, and some simple guidelines like setting a dollar limit, setting a time limit and not drinking alcohol or taking drugs while gambling can help keep the activity under control.

The other portion of the profits goes to education, health care, housing and infrastructure projects.

To comply with guidelines set by the National Indian Gaming Association, Indian gaming has to benefit tribal members. “But even then, as we made that decision, we didn’t know if it would last.”

Tribal gaming

But when the foundering seaside resort of Atlantic City, New Jersey, opened its first casinos in 1978, the city also opened a new chapter for the betting public.

According to the industry group the American Gaming Association, 11 states now have commercial casinos, 28 states have Indian casinos and 40 states and the District of Columbia have lotteries. About half of U.S. A trek to Nevada was the only way to get the excitement and ambience of a casino without leaving the country..

A gambling future

In 1931, Nevada legalized gambling in an effort to jumpstart the economy during the Great Depression. And as manufacturing and textile plants in the area closed or moved overseas, the economic picture was not a healthy one for the tribe or anyone else in the region. Some casinos make the Gamblers Anonymous hotline number available to people who ask and can direct those with a gambling problem to help.

And according to the American Gaming Association, online gambling, with more than 2000 Web sites, has grown from zero in 1995 to a more than $6 billion industry today. It’s a game that appeals to those who are very competitive, like being on the edge, the risk, the strategy.”

Cabot said even if there is state or federal legislation aimed at restricting or controlling online wagering, it will continue to grow.

But over the past quarter century, both tribal gaming and communities seeking economic improvement, such as Atlantic City, New Jersey, and Biloxi, Mississippi, have changed casino visits in the United States from relatively rare excursions to a more common leisure activity for the middle class.

But some researchers say the proliferation of casinos, lotteries and racetracks can add to the difficulties faced by problem gamblers.

Dugan, a former special education teacher and superintendent of schools, says the tribe thought long and hard before deciding to partner with Harrah’s Entertainment to open a casino. And we want them to manage their budgets to do that,” she said.

A casino opened by the Eastern Band of the Cherokee Nation in North Carolina in 1995 changed everything from jobs to education to health care for the tribe. In fact, it will probably be impossible to stop online gaming.”

“Internet gambling on horse racing is legal; sports wagering on the Internet is probably illegal; and the rest of it: There’s no federal law that addresses it,” said Cabot.

CHEROKEE, North Carolina (CNN) — Until the late 1970s, playing the blackjack tables or the slot machines were not regular pastimes for middle America. That’s the wrong reason to play,” said Dugan, who is now director of external relations and career development for Harrah’s Cherokee Casino.

“It offered us a means of economic development that might be lasting,” said Dugan, who was chief from 1995 to 1999. news, politics, entertainment, health, crime, tech and more.

“By and large, it’s a form of recreational entertainment for folks to spend their discretionary income. It’s one of the many, many entertainment choices they have out there today,” said Thomas O’Donnell, executive director of Harrah’s Cherokee Casino in Cherokee, North Carolina.

Most Americans now live within a three- to four-hour drive of a gambling site. The 445 commercial casinos in the United States generated nearly $29 billion in gross revenue last year. And that’s not good for a people to have to depend on someone else. And the improvements are dramatic, says former Chief Joyce Dugan.

Casinos generate billions of dollars in revenue each year

In the case of the Cherokees, the tribe decided that half the casino profits would go directly to tribe members each year; the other half would go to tribal coffers for projects that would benefit the entire community.

“We found that people who live within 10 miles of a casino had twice the probability of being a problem gambler than people who do not live within 10 miles,” he said.

The gambling industry continues to grow, taking on forms other than brick and mortar casinos. (Top 25 Business stories)

Welte conducted a national gambling study in 2000, which found that fewer than 5 percent of Americans are “problem gamblers.”

“We were poor, almost totally dependent on the federal government for subsistence. adults report buying a lottery ticket in the course of a year. (Listen to some community members’ opinions)

When the U.S. In 1963, New Hampshire legalized a twice-yearly state lottery.. Supreme Court issued a ruling on tribal gambling in 1987, few people speculated on what a dramatic impact it would have on the economic future of many Native Americans, or what a draw the slot machines and blackjack tables would have on middle America.

CNN.com gives you the latest stories and video from the around the world, with in-depth coverage of U.S. “A lot of that has to do with the sophistication and the science and the marketing. And this is what Indian tribes have gone through throughout the history of this country. In 2003, according to the North American Association of State and Provincial Lotteries, U.S. And that is expected to grow to more than $16 billion by 2009.

“We want them to come and have an experience like they would going to a movie or to a ball game.

“Availability helps people get into trouble,” said John Welte, senior research scientist at the Institute on Addictions at the State University of New York at Buffalo.

CNN.com gives you the latest stories and video from the around the world, with in-depth coverage of U.S

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2

Golden Nugget Casino Suing Gamblers Who Won $1.5 Million From Unshuffled Deck

31.

No evidence of a scheme was found. Convinced they were watching a “sophisticated swindling and cheating scheme,” they refused to cash in the remaining $1 million in chips.

“All of the players were Asian [and] none of their chips were honored,” Dash said. He was then held in a room without access to food, water or an interpreter, according to allegations in the countersuit, which identifies no particular assailant.

ABCNews.com was unable to reach Gemaco for comment.

The Golden Nugget in Atlantic City, N.J., filed suit against the gamblers and playing card company Gemaco after 14 players collectively won $1,536,700 in 41 winning hands.

In a lawsuit filed in New Jersey Superior Court, the casino cited gambling regulations that state gaming odds must be fair for both sides.

A New Jersey casino has sued a group of gamblers who won $1.5 million after they allegedly realized the eight decks of cards used in a game of mini baccarat were not preshuffled.

After the win, Dash said, one of his clients was assaulted when he answered the door of his hotel room.

Three of the gamblers filed a countersuit against the casino alleging they were discriminated against because of their Chinese heritage.

The Golden Nugget called the claims “completely false.”. As the same sequence of cards kept appearing April 30, the players increased their bets from $10 to $5,000, the casino alleged.

“[We] would never discriminate against anyone, including the Asian community,” the casino said in a statement. by passing money to fellow gamblers in order to place bets in excess of posted betting limits,” the casino said in a statement.

Benjamin Dash, attorney for the gamblers, said his clients, who did not know each other, were “playing the game lawfully.”

The man was pinned against a wall and his belongings were searched, Dash said. “In New Jersey, a chip is evidence of a debt.”

“The gamblers unlawfully took advantage of the Golden Nugget when they caught onto the pattern and … “In fact, the Golden Nugget designed and built an Asian gaming area and restaurant to specifically attract Asian guests to the casino.”

The case will be heard Aug. On May 1, the Golden Nugget said it learned by “direct admission” from Gemaco’s CEO that the decks used in the baccarat game were unshuffled, despite being touted as preshuffled, certified decks.

The Golden Nugget is seeking a return of the $558,900 it paid out to several of the players and the nearly $1 million worth of chips.

After paying out a portion of the winnings, the casino managers became suspicious

I can do Rubik’s Cube in two mins-Ding might take a bit longer! SNOOKER All the drama from the Crucible; Says juggling British qualifier MICHAEL WASLEY.

But Wasley is likely to be found relaxed in his dressing room before the clash, solving puzzles or indulging his new passion for juggling.

“I learnt to juggle recently and I am up to four balls rather than three now.

“I like to set myself little challenges away from snooker or before playing to keep my brain busy.

He said: “I dream every night that I win the World Championship in the run-up to the tournament.

The 24-year-old from Gloucester makes his Crucible debut today at the Dafabet World Championship in Sheffield.

“My attitude on the re-spotted black was that if I had any shot I would go for it, and maybe I’d fluke it if I missed.”

Wasley said: “I used to be able to do the Rubik’s Cube in well under two minutes although I haven’t done it for a year maybe.

World No.75 Wasley (above) could hardly have qualified in more dramatic fashion, beating mentor Rob Milkins 10-9 on a re-spotted black with the scores locked at 64-64 in the decider.

“I have been to watch before.

COPYRIGHT 2014 MGN LTD

No portion of this article can be reproduced without the express written permission from the copyright holder.

Byline: Hector Nunns

MICHAEL WASLEY knows cracking Ding Junhui will be a far tougher test than the Rubik’s Cube.

Busy

“The final qualifier was the biggest match of my career and couldn’t have gone any closer against a good friend – and this is bigger again.

IN-FORM: Ding

World No.2 Ding has won a record-equalling five rankling titles this season – and can break Stephen Hendry’s record with a first win at the blue-riband tournament. If it is your time to win, then that is your time.”

“And maybe I will be doing that in the dressing room to keep my mind off the match – although to be honest I have got plenty to think about with Ding.

“You can forget the moves and I might be a bit out of shape, so I’d better get practising before the Crucible.

Ding has only been past the last 16 twice in seven attempts at the Crucible – getting to one semifinal.

“I am out there to win even against such a good opponent, and it is just going to be special playing there for the first time.

And for his pains he was handed almost the toughest draw imaginable, paired with the 27-yearold from China.. All rights reserved.

CAPTION(S):

“And I do believe in fate. I saw the much-missed Paul Hunter many years ago, and my good friend Judd Trump in 2006.

Copyright 2014 Gale, Cengage Learning

Mr Green Litigates Austrian Online Casino Tax

In 2011, a legislation was introduced in Austria that required online casino operators to pay a 40% tax on their gross game win. The company objected to it on several grounds. This is why, as mentioned above, the company decided to file its objections to the Austrian Administrative Court and to submit a complaint to the European Commission.

Earlier today, gambling operator Mr Green Co announced that it had commenced an appeals process concerning its financial responsibility in Austria. is based in Malta and operates under a Malta gaming license granted by the country’s gaming regulator. pointed out in a statement released earlier today that in accordance with the International Financial Reporting Standards, it had already provided the amount of SEK108 million for the self-assessment period from January 2011 to August 2014 against its financial results for the fourth quarter of 2014.

Moreover, holding a license from the Malta Gaming Authority, Mr Green Ltd. In other words, SEK108 million are expected to be paid in 2015 and 2016.

The legal proceedings had been instituted by the operator’s online casino subsidiary Mr Green Ltd.

Per Norman, Chief Executive Officer of Mr Green Co, said that his company objects to the entirety of the tax liability and hopes that its complaint will be paid due attention.

Mr Green Ltd. argued that it should be subjected only to Maltese regulations. The tax authority has been submitted a formerly communicated plan. According to the casino operator, the legislation failed to comply with the Austrian constitutional legislation and several EU directives.

Mr Green Co and its subsidiary’s dispute with the Austrian government dates back to 2011. initiated court proceedings against the Austrian tax regulator back in October 2014, when the company said that it would carefully examine the impact the new tax would have on its cash flow and earnings.

Mr Green Ltd. The country’s government asserted that the tax was applicable to both local licensees and licensees based in other jurisdictions.. The company had presented an appeal to the Austrian Administrative Court and had also filed a complaint to the European Commission, so as for its dispute with the country to be eventually brought to an end.

Mr Green Ltd. and its advisors have appealed the legislation in question and more particularly the liability to pay the entire tax. Mr Green Ltd

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U.S. judge blocks New Jersey sports betting law

That law would allow sports betting at state-licensed casinos and racetracks.

Voters approved the idea of legal sports betting in 2011, and the following year, Christie signed a bill doing just that. states.

Last month, Christie attempted to revive the state’s push for sports betting by signing a law that partially repealed New Jersey’s ban on wagering in the state.

The sports leagues took the state back to court on Oct. District Judge Michael Shipp wrote that the law, signed last month by Republican Governor Chris Christie, violated a federal statute that bans sports betting in nearly all U.S. 20, saying the new effort also violated the federal sports gambling ban and they would suffer irreparable harm if it took effect.

Writing in the New York Times last week, National Basketball Association Commissioner Adam Silver urged the U.S. Congress to pass legislation letting states regulate sports betting.

“The economic impact sports wagering can have on (New Jersey) is far too important,” he added.

New Jersey officials have hoped that legalized sports wagering would generate more revenue for Atlantic City’s gambling industry, which has lost customers to a spate of new casinos opening in nearby states.

“The court has determined that the 2014 Law is invalid.”

(Reporting by Curtis Skinner in San Francisco; Editing by Clarence Fernandez)

Judge Shipp issued a temporary restraining order days later, blocking the bill, before granting a permanent injunction in Friday’s opinion.

New Jersey Senate president Stephen Sweeney said in a statement on Twitter after the ruling that he would continue, “pursuing every legal option available.”

“This (law) necessarily results in sports wagering with the state’s imprimatur, which goes against the very goal of (the Professional and Amateur Sports Protection Act),” Shipp wrote.

(Reuters) – A U.S. federal judge on Friday blocked a New Jersey law that would have allowed legal betting on sporting events at some places in the state.

In a 31-page opinion, U.S. But the NBA, NFL and other sports leagues successfully sued, saying the measure violated the federal ban.