The Spanish state would stop collecting 650 million euros a year due to the lack of regulation in online games, according to the Spanish Association of Internet Bettors (AEDAPI), named by Regulatory Affairs director of bwin group, Karin Klein, in Gaming Executive Summit 2008, a congress held in Madrid on July 9-10. In the event, one of the main international platforms of debate of the gambling sector, both for operators and regulators...

Toronto - Online gamblers play more frequently and aggressively than those who take their chances in casinos according to a study from the University of Western Ontario that suggests new regulations to govern Internet gambling. Gamblers are using websites run by offshore companies in "leaps and bounds" but if there were regulations to oversee Canadian gambling operations there could also be safeguards to reduce problem gambling...

With the four decrees and the guidelines that came into force, the casino business will have to be submitted to new regulations, a situation that keeps the sector worried. The regulation promoted by the government authorities considers the application of a casino regulation that comprises the authorization, installation and operation of this type of business. The regulations also have the aim to discourage the investment in this type of business.

After the creation of the American Association of Gambling Regulators, in the latest Monterrey event, the head of Febrabingo, Carlos Eduardo Canto, talked in exclusive to Yogonet.com about how this new association might help to the regulation of the sector in Brazil and what is the current situation on the sector. Which is the current situation of Brazilian bingos?

Entertainment group, SkyCity, is refusing to spend significant amounts on its Adelaide Casino. In a letter to shareholders, SkyCity chief executive Nigel Morrison said it was hard for the casino to perform on a par with other venues because of a constraining regulatory environment. He said there was little point investing unless work could be done with the South Australian Government to improve the casino's business model.

A government-appointed committee has recommended the licensing of casinos and gaming, and the establishment of an independent regulator for these businesses. Minister for Justice Dermot Ahern yesterday published the report of the committee appointed by former minister for justice Michael McDowell to look at the regulation of casinos and gambling. The report recommends that casinos, which currently operate as clubs...

Casino owners will undergo in-depth criminal and financial background checks before being granted a licence under new proposals revealed today. A new report recommended business dealings and tax history must also be scrutinised in a bid to combat money laundering in the gaming trade. The government appointed casino committee said that if gaming laws are updated...

In South Korea, lawmakers are considering plans from the Ministry of Culture, Sports and Tourism that would regulate online gambling by further limiting the amount of cash transactions a person could place over the Internet each month. According to The Korea Times, regulators are proposing the limits in order to curb online gambling, which has hit all-time highs in the Asian nation.

The fragmented and diverse gambling regulatory regime in the Philippines could be the subject of consolidation and change following the introduction of House bill AB4192 by the representative for Quezon, Danilo Suarez last week. It is not yet clear whether this bill will also embrace online gambling licensing, although the general wording suggests this may be the case. Suarez proposes the creation of a National Gaming Commission...

In the Ukraine, the Ministry of Finance has begun a public consultation process on its proposals for the regulation of casinos and gambling advertising and has set a deadline for responses of July 9. According to numerous media reports, the government’s propositions would require operators to have at least USD 1.5 million in capital before opening a casino and lay out exactly what games may be played in the Eastern European nation.

The second talk held in the first day of ey!08 Encuentro Yogonet Panama, was “Online Connection, The model for Panama?”. In this opportunity, Karen Sierra-Hughes (GLI) and Dario Piccirilli (University of La Plata, Argentina) commented their knowledge to the public present. To start the talk, Karen Sierra-Hughes brought an overview on GLI functions, in which he commented that the lab performs tests since 1989 in more than 400 jurisdictions worldwide, with services available 24 hours and more than 400 employees in 11 labs worldwide.

Macao - The Chinese government is tightening regulations on the construction of new casinos in Macao, as well as restricting the movement of Chinese nationals to that area, fearing the booming casino industry may undermine Macao's economy and social infrastructure. A 48-year-old man who runs a restaurant in downtown Macao complained about the negative impact on his business caused by the buoyant casino industry.