Sportsbook Review.com gives an iGaming News video update for Friday, February 22nd, 2013. Topics covered today include New Jersey Governor Chris Christie being expected to sign a bill permitting internet wagering next week, a former Full Tilt Poker board member's financial settlement with the United States Department of Justice, and more.
Sportingbet's shareholders have signed off on the joint deal between British bookmaker William Hill and GVC Holdings to take control over a number of the operator's markets. Following completion of the deal, William Hill will take on Sportingbet's Australian business and Spanish facing brand Miapuesta. GVC Holdings will take over other South American markets.
SBR reported in December that Playtech was squabbling with WillHill over this deal, as the company holds a 29% stake in William Hill Online. However, WillHill disputed this by stating "Playtech have no rights to a business that is not part of William Hill Online and therefore this has absolutely no effect on any valuation of William Hill Online.".
Playtech has yet to publicly comment on the Sportingbet shareholder approval.
NJ Gov. Christie to sign iGaming Bill next week
New Jersey Governor Chris Christie could sign a bill into law permitting internet gambling as early as next Tuesday. Christie conditionally vetoed the bill earlier this month, making several requests for changes including higher taxes on winnings, problem gambling support, and requiring state officials to disclose affiliations with gaming companies. New Jersey lawmakers have stated that they've no problem with the Governor's Christies and will vote on the amendments Tuesday the 26th.
For those who think the Governor may be waffling again after outright vetoing similar legislation in 2011, he has already declared that he will in fact sign the bill into law if not the same day as the changes are made, potentially the next day"depending on how my day is going".
Full Tilt Poker financial settlement
Former Full Tilt Poker board member Chris Ferguson has agreed to a provisional settlement with the US Department of Justice. Ferguson must fork over 2.35 million dollars for his role in helping the company process gaming transactions from US residents, in violation of the Unlawful Internet Gambling Enforcement Act of 2006. Ferguson would face no additional charges. The settlement still must be approved by federal judge Kimba Wood.
Amaya Strikes deal with Belgian operator
The Amaya Gaming Group has struck a deal with Belgian casino operator Groupe Circus to power Casino777.be with its full line-up of casino games. The deal will see Amaya license its games to the operator for a period of three years.
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