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  • Ladbrokes Buys Australian Bookmakers Betstar
    Apr 14 2014

    Ladbrokes Buys Australian Bookmakers Betstar

    The Australian online bookmakers Betstar has been sold to the British bookmakers Ladbrokes in a deal worth £12.4 million. Betstar was founded by Alan Eskander in 2007 and has an annual turnover of around $300 million. It was one of the few remaining Australian-owned operators. Eskander said that he sold Betstar as it was becoming

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  • Casinos May Have to Research High Rollers’ Funds
    Apr 14 2014

    Casinos May Have to Research High Rollers’ Funds

    The US Treasury Department is developing a requirement which would mean US casinos would have to vet where high rollers’ funds are coming from. The move is part of a push to address concerns that criminals are using casinos for money laundering. At present casinos have to report suspicious activity, for example a customer who

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  • Swedish Gambling Monopoly Funds Problem Gambling Research
    Apr 14 2014

    Swedish Gambling Monopoly Funds Problem Gambling Research

    The Swedish gambling monopoly Svenska Spel has said it has taken a “big step towards a healthier gaming market”. The step is the creation of a professorship to study problem gambling. The professorship will be at Lund University’s Faculty of Medicine and it will carry out research into the causes and effects of problem gambling.

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  • UK Gambling Bill Threatens Premier League Sponsorship Deals
    Apr 14 2014

    UK Gambling Bill Threatens Premier League Sponsorship Deals

    The UK’s Gambling Commission’s approach to implementing the Gambling (Licensing and Advertising) Bill would mean an end to the sponsorship of Premier League clubs by Asian gambling firms. The Bill requires a gambling operator based outside of Great Britain to obtain a license from the Gambling Commission if the operators “knows that the facilities [for

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