Full Tilt Poker back in business, SBR iGaming News
SportsbookReview news anchor Natalie Rydström gives an SBR iGaming News update, reporting on Friday, November 9th, 2012. Today's topics include two German states intent to adopt the controversial German gaming treaty, as well as an update on Full Tilt Poker following PokerStars relaunch of the site.
Hitting the wires today are reports that Germany’s two remaining states intend to join the State’s Gaming Treaty. The North Rhine-Westphalia parliament casted their votes Wednesday. Interior Minister Ralf Jager believes the treaty is a compromise between offering gambling services and dealing with problem gambling.The state treaty will go into effect in North Rhine-Westphalia on December 1st.
North German State Schleswig-Holstein is similarly expected to sign off on the treaty, though there were beliefs to the contrary just four weeks ago. Some question the legitimacy of the Treaty factoring in European law, but it appears there will not be enough momentum in Germany to halt the move toward adopting it. Schleswig-Holstein must now conduct a vote before anything becomes official.
In a report by GamingIntelligence, Wolfgan Kubicki, parliamentary leader of the FDP was quoted likening the decision to taking “an obviously incorrect legal path with eyes wide open”, alluding to coming legal claims from gaming operators who paid for licenses within Schleswig-Holstein, only to potentially have the rug pulled from underneath them.
Full Tilt Poker was relaunched by Poker Stars at 12PM GMT on Wednesday, and was the second most highly trafficked online poker site next to Poker Stars. With Full Tilt now being backed by PokerStars, liquidity is expected to stay high. The site is no longer open to US players following the infamous Black Friday online poker crackdown; though US players are to be paid by the US Government in a claims process. International players were paid in full and are now able to get back in the action.
Gaming software development company Playtech has signed a distribution agreement with High 5 Games, a casino industry games creator. Playtech will distribute at least 10 High 5 games under terms of the deal, which was said to be consummated at the iGaming conference in Barcelona held last month.
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