Row over tax on the punters

Posted under Uncategorized by admin on Sunday 9 August 2009 at 5:02 pm

Sales agents at the giant Greek government betting monopoly OPAP have suspended a strike against a new government tax on punters’ winnings, reports the Reuters news agency.

The row that triggered the walkout and caused a decline in the OPAP share price stems from a law passed last week which initially appeared to amount to a 10 percent betting tax on the gross winnings of punters in an attempt by legislators to raise Euros 1.9 billion towards narrowing the Greek budget deficit.

However, government sources subsequently assured the striking employees that the tax is only on the net winnings of players, prompting their return to work.

OPAP’s sales agents run about 5 300 retail outlets selling lottery cards and sports betting games across Greece.


12.2 percent drop in casino revenues reported

Posted under Uncategorized by admin on Sunday 9 August 2009 at 5:02 pm

Land casino revenues on the offshore gambling centre of Macau fell 12.2 percent in the second quarter 2009 to MOP$25.62 billion, compared with Q2 2008, and were down 2.4 percent on Q1 of 2009, the island’s Gaming Inspection and Coordination Bureau reported.

Analysts attributed the continued decline to visa restrictions introduced by the Chinese government and the global financial crisis.

Since the middle of 2008, Beijing has tightened restrictions on visits to Macau in an apparent attempt to stop civil servants from gambling and curb money laundering.

In the first half 2009 ended June 30, Macau’s casino gambling revenue fell 12.5 percent to MOP$51.87 billion, from MOP$59.26 billion a year earlier.

The number of casino gambling tables rose to 4 390 at the end of June, from 3 998 at the end of March, the regulator said.

Since 2002 the regulator has issued six major casino licenses to operators that include former monopoly holder SJM Holdings owned by Dr. Stanley Ho, Las Vegas Sands Corp., Wynn Resorts Ltd., Melco Crown Entertainment Ltd., MGM Grand Paradise SA and Galaxy Entertainment Group Ltd.


US bingo game generates millions for Israeli settlements, but may cause a political storm

Posted under Uncategorized by admin on Sunday 9 August 2009 at 5:01 pm

The Guardian newspaper in the UK reports that a charity bingo hall in a suburb of Los Angeles in the United States has generated millions of dollars for Jewish settlements in disputed territory in the Middle East through regular nightly sessions over the past 20 years.

The Hawaiian Gardens charity sessions pay the winner in each game $500, but some of the profits from the enterprise fund Jewish settlements on Palestinian-claimed land in some of the most sensitive areas of occupied East Jerusalem, particularly the Muslim quarter of the old city, and West Bank towns such as Hebron, The Guardian reports.

The bingo operation is apparently owned by an American doctor and millionaire, Irving Moskowitz, claims Haim Dov Beliak, a rabbi serving Hawaiian Gardens and one of the Jewish religious leaders in California who have campaigned to block the flow of funds to the settlers.

“The money Moskowitz puts in to the settlements has changed the game. Moskowitz has helped build a hardcore of the settler movement that may number 50-70 000,” Beliak told The Guardian.

“He’s not paying for all of it but he puts the money up front for the vanguards that get things off the ground. That ties Israel’s hands. That ties the hands of the Obama administration. If the administration wants to be serious about stopping the settlers it has to begin in Hawaiian Gardens.”

The newspaper reports that Moskowitz is an 80-year-old retired doctor and millionaire who built a fortune buying and selling hospitals. In 1988 he also bought the faltering bingo hall in Hawaiian Gardens which, under California law, can only be run as a not-for-profit operation, so Moskowitz brought it under the wing of a charitable foundation he had established in his own name.

The foundation bills the bingo operation as of great benefit to the local community through donations to a number of groups, such as the Hawaiian Gardens food bank, as well as scholarships. It has also given money for disaster relief in Central America, Kosovo and parts of the US.

But tax returns show that the bulk of the donations go to what the foundation describes as “charitable support” to an array of organisations in Israel.

“The loss of many of Dr Moskowitz’s relatives during the Holocaust strengthened his conviction that Israel must be maintained as a safe haven for Jewish people from all over the world. In Israel, the Foundation supports a wide array of religious, educational, cultural and emergency services organisations,” the foundation says on its website.

Beliak calculates that the foundation has given Jewish settlers well over GBP 100 million, beginning with the construction 20 years ago of 133 houses on land allegedly confiscated from Palestinians by the Israeli government.

Beliak helped launch the Coalition for Justice in Hawaiian Gardens & Jerusalem to stop the flow of money from the bingo hall to the settlements. Its investigations of tax records show that the Moskowitz Foundation’s donations include grants to Beit Hadassah, a militant Jewish settlement in the heart of the West Bank city of Hebron. The foundation has also given more than GBP 3.5 million to Ateret Cohanim, a right wing group that houses Jews in the Muslim quarter of Jerusalem’s old city.

Now Moskowitz is building a much bigger bingo hall in Hawaiian Gardens which will increase the flow of cash. But there may be a political storm to weather, too.

The Guardian reports that Rabbi Beliak is particularly angered that the fundraising takes place without interference from the American authorities. In contrast, he says, Muslim charities which raise money to help Palestinians have been targeted for investigation and shut down.

“After 2001 there was a whole discourse about how supposedly Muslims [in America] used these charitable donations to support violence,” says Beliak. “There was never ever in the US anything substantially that made that case. But here they did have a case where somebody was using money to support settlers, money that fosters extremism and violence, and they completely ignored it.”


WSOP used as an “economic jolt” example

Posted under Uncategorized by admin on Sunday 9 August 2009 at 5:01 pm

The state of Delaware, which recently refused to be intimidated by the big US sports leagues and passed legislation to permit sports lotteries to help it through tough ecomomic times, was the scene for a further demand for gambling legalisation at the weekend. And online poker featured prominently in the call.

The Delco Times editorialised that the legalisation and regulation of poker, and in particular online poker, could generate valuable revenues for the state, and it used the recent World Series of Poker tournament in Las Vegas as an example of the potential impact of a more enlightened approach.

“In Las Vegas earlier this month, 6 494 poker players were willing to ante up $10 000 each as they rolled into the Rio Casino & Hotel to play in the Main Event of the World Series of Poker,” the editorial observes.

“That is nearly $65 million devoted to one poker tournament, and that was the tip of the iceberg. There were 56 other events of various sizes and buy-ins during the 2½-month event. More than $173 million in prize money was handed out, with millions more going to the house, millions more spent on hotel rooms and meals, millions more doled to dealers hired specifically for poker’s version of Lollapalooza …

“When you consider the money won, revenue earned and paychecks cut, the WSOP is a shining example of how a leisure activity can provide an economic jolt.

“While poker’s boom in popularity this decade has led to the expansion of poker rooms in casinos, by far the place where the game has enjoyed its largest growth and introduced itself to hundreds of thousands of new players is through online sites,” the editorial points out.

“You would think that the federal government might want to ride the rise of poker’s popularity and reap the benefits of the money online players are willing to put up to test their skills. That, however, isn’t the case,” it reports, before going on to give a summary of the restrictive attitudes adopted by the US Congress, and highlighting the fact that despite these, “…..thousands of Americans still play online, while the offshore companies that run Full Tilt, Absolute Poker and other sites use loopholes to work around the law.”

The writer emphasises the skill vs. chance differences between poker and “skill-free” gaming like slots, pointing out that poker players can and do have long-term success because it is a game where strategy, deception and opponent analysis are beneficial skills.

“There have been far bigger issues on the docket for President Obama’s administration while it wrangles with the recession, but every day it puts off this [legalisation of online poker] matter is another day a source of federal income is being shrugged off. What makes online poker’s ban more puzzling is that there is very little resistance from the other side. All signs are that legalization would get through Congress with little trouble, and that President Obama would sign it gladly,” the editorial concludes, acknowledging Congressman Barney Frank’s HR 2267 and Congressman Jim McDermott’s HR 2268 current proposals for legalisation.


Familiar anti-gambling names Kyl and Hatch active again

Posted under Uncategorized by admin on Sunday 9 August 2009 at 5:01 pm

According to a report from the Associated Press news agency, anti-gambling Republican Senators from Arizona and Utah have involved themselves in the affairs of Delaware state, which recently passed legislation to permit sports betting (see previous InfoPowa reports).

Senators Jon Kyl and Orrin Hatch have apparently written to US Attorney General Eric Holder urging him to investigate the legality of the new Delaware law. Senator Kyl’s close questioning of Holder on his position on gambling was noted during the AG’s nomination hearings earlier this year.

The letter from the duo also asks the AG to defend a federal anti-sports betting law that New Jersey politicians are currently challenging in the courts.

Both the new Delaware sportsbetting law and the New Jersey challenge “…threaten to greatly expand sports gambling and undermine the integrity of our national pastimes,” wrote Sens. Orrin Hatch of Utah and Jon Kyl of Arizona in a letter dated Monday.

At issue in both cases is the 1992 Professional and Amateur Sports Protection Act, which banned sports gambling but grandfathered four states: Delaware, Nevada, Montana and Oregon.

Delaware Governor Jack Markell, who proposed sports betting to help solve a shortfall, signed legislation authorizing it this year. State officials hope to have the sports lottery in place for this year’s NFL regular season in September.

Hatch and Kyl, both longtime gambling opponents, say that although Delaware is grandfathered from the ‘92 law, its plan to allow single-game betting would violate the legislation because such betting was never available in any state. Delaware Lottery Director Wayne Lemons confirmed Tuesday that the state’s brief 1970s sports lottery did not offer such bets.

The senators wrote that the 1992 law authorises the Justice Department to intervene to prevent a state from expanding sports betting beyond what was offered before the law took effect.

“It is our hope that the Department of Justice will monitor closely the situation in Delaware to ensure the state’s compliance with federal law,” the two Senators wrote in their correspondence with Holder.

The NFL opposes the sports lottery, and Markell spokesman Joe Rogalsky told Associated Press: “Along with their litigation threats, we suspect this letter is part of the NFL’s continued effort to stop Delaware from moving forward with its sports lottery. Delaware is committed to operating the sports lottery in compliance with federal law and the Delaware Constitution, which is why the governor asked for and received a Delaware Supreme Court advisory opinion allowing us to move forward.”

Meanwhile, in neighboring New Jersey, politicians fear that Delaware’s sports betting threatens the Garden State’s casino and horse racing industries. In March, New Jersey Democratic State Senator Ray Lesniak, along with an online gambling association and others, filed a lawsuit against the Justice Department challenging the 1992 law.

This month, New Jersey Governor Jon Corzine formally joined the lawsuit, filing a motion in the case arguing that the ban puts New Jersey at an economic disadvantage because it is denied a revenue stream allowed to the four grandfathered states. Corzine has called the law “fundamentally unfair.”

In the latest developments on New Jersey, the Department of Justice has opposed Governor Corzine’s move to join the Lesniak action as a plaintiff, arguing that the governor lacks the standing or interest to intervene.

“The Constitutional claims that the Governor seeks to advance do not belong to him, they belong to the state of New Jersey,” the DOJ argues in its Brief in Opposition, which goes on to claim that the governor lacks a “congnisable interest.”


848 the magic number for Loper Gate Limited

Posted under Uncategorized by admin on Sunday 9 August 2009 at 5:00 pm

Dragonfish, the b2b division of online gambling group 888.com, has signed a new customer that will see its online casino and poker platform operating in the Balkans.

Cyprus-based Loper Gate Limited has ordered an online casino and poker operation powered by Dragonfish’s Total Gaming Solution, working towards a Euro 1.5 million launch date in the near future.

Branded play848.com, casino848.com and poker 848.com, the new operations will be marketed vigorously by Loper in a campaign spanning broadcast, online, outdoor media and public relations.

Loper Gate has significant Balkan market experience in its core area of advertising and media, and has secured strategic partnerships with major advertising agencies and media houses in Greece, Cyprus and Serbia. It continues to penetrate the advertising market through the development of state-of-the-art technologies and collaboration with established media partners.

This local market expertise, coupled with Dragonfish’s tranche of games, technology and CRM, provides a very strong platform from which to enter the growing Balkan market, a companyspokesman said this week.

Gabi Campos, Managing Director of Dragonfish, said: “Loper Gate is fast becoming a powerful media player in the Balkans market and has the marketing strength to ensure play848.com becomes a leading online gaming destination.”

“We would like to thank the Dragonfish team for the perfect cooperation we had during the creation of Play848.com,” said Loper director Helen G. Parouti. “Within very limited timeframes they delivered us a flawlessly designed platform for casino848.com and poker848. We are very impressed by their professionalism and expertise, which was displayed by their immediate response to any observation or correction we asked. We believe we made the best choice in this cooperation as their experience in this area will establish casino848.com and poker848.com in the first places of the Balkan market.”