SBR newswoman Natalie Rydström provides a weekly iGaming news update. Schleswig-Holstein operators are in danger of losing their license as the Northern German state is set to return to the controversial gaming treaty. An update is given on a Black Friday conviction, as well as Nevada interactive gaming.
On May 5th, SBR reported on the first three companies to be licenced in Northern German State Schleswig-Holstein: myBet, Betfair and Nordwest Lotto. Three weeks later, operators Bwin, Bet365, BetAtHome and Tipico were also approved with their gaming licenses. These licenses have now been called into question, as the state now intends to return to German’s Interstate Gambling Treaty. Chancellor Angela Merkel’s CDU party suffered defeat in the latest election, handing the reigns over to the SPD party and one Ralf Stegner, SPD Group chairman.
Ralf Stegner had the following to say according to EGR:
“We are beginning to clear the minefield in the German gambling legislation left by our predecessors in Schleswig-Holstein. We will take all the time we need [to change the existing legal framework]. But in the end, Schleswig-Holstein will join the other 15 states under a common gambling law,"
More jail-time for a Black Friday indictee. Ira Rubin has been sentenced to three years behind bars for his role facilitating online poker processing. According to the Washington Post, Judge Lewis Kaplan unleashed a scathing blow on Mr. Rubin, referring to him as an unreformed con man and fraudster. Rubin served a 37-month sentence for a wire fraud conviction in 1995. He has been convicted of violating the Unlawful Internet Gambling Enforcement Act, money laundering and bank fraud. If the hard time wasn’t enough, Rubin has also been ordered to forfeit five million dollars. SBR reported last month that disgraced Full Tilt Poker CEO Ray Bitar turned himself into authorities to face the charges levied against him in Manhattan Federal Court.
Now for some news on legal online poker: in other words, the kind that the state profits off of, Nevada is edging closer to rolling out instra-online poker games. A report by iGaming Business indicated that the Nevada Gaming Policy Committee recommended that there be no more statutory tests before the games go live. Nevada Gaming Control Board Chairman Mark Lipparelli expects real-money internet poker games in as little as 60 to 90 days. So far the three companies licenced to provide interactive gaming in Nevada are Bally Technologies, IGT and Shuffle Master.
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