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Archive for May, 2008

France and Finland don’t meet on online poker

Saturday, May 31st, 2008

France and Finland are two countries that openly propagate online poker. However the difference between the two lies in the fact that France has many strict regulations and government monopoly regarding online gambling. On the contrary, Finland is a country where everything is unregulated on matters pertaining to online gambling.

However there has been some news about France thinking about reconsidering their stance in online gambling because of the pressure it is going through from the EU. On the contrary, though Finland does not have any regulations about online poker, the government is now considering the implementation of a possible new tax on this regard.

According to a new report released recently, the Finns had spent over 50 million Euros on online gambling in the last year. It is because of this turnover that the government is considering how beneficial this would be if a slice of the earnings went to the government.

So although online betting is not permitted in France, the European Commission of the EU is now forcing France to conform to the regulations of the EU treaty. The EU is placing more emphasis on the free competition that exists between other member nations.

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Bookies hunt their one million pounds from England star

Friday, May 30th, 2008

1 million pounds is how much a popular footballer from England has in unpaid gambling debts. This player earns around 100,000 a week for playing for a Major Premier League club and has represented the country in international matches at home and abroad.

 

There is at least an English bookie pressing for payments, without any response. This player has been betting so much on football and racehorses that he has splashed out on crucial premier League and Champions League games.

 

Another player is also being chased by rookies for not paying about 100,000 he had lost on horses and football. Their names have been leaked to the Daily Express, with a film provisio that they will not be identified till the bookies get an additional chance to retrieve debts.

 

Most of the large wagers have used international commission agencies for its channeling where at least one wager is more than 30,000 pounds out of their pocket. A spokesman for this operation states that he knows of the footballers’ betting issues; but has a strict policy of not discussing any matters related to their clients.

 

He only states that he is aware of one of the player owing one million pounds to a bookmaker. This matter will most probably be settled by the Tattersalls committee which is famous for settling horse racing disputes.

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