• Calls For EU Clampdown On Online Gambling

Europe should introduce new legislation to clampdown on online gambling fraud, according to a top London lawyer. Steven Philippsohn, senior partner in the specialist fraud law firm Philippsohn Crawfords Berwald, says there are lessons to be learnt from a recent botched attempt to outlaw online gambling in Greece. The Greeks are to be congratulated for recognising that on-line fraudsters are setting up gaming sites that take your money but never pay out. 'It is the simplest scam in the world and accounts for 20 pc of all internet fraud, taking millions of pounds from innocent dupes.' Philippsohn is calling for co-ordinated action to tackle the problem with the European Union taking the lead to draw up an EU-wide approach. [...]

> Read the full story here Source : GamblingMagazine.com

• Gambling on internet booming

Research published by the Dutch watchdog on games of chances shows that the turnover from gambling on the internet, increased to Euro 105 million. This is five times as much as the previous year. Around 11,000 people between the age of 15 and 55 years were interviewed. Three percent of the interviewee had gambled on the net. Last year this was one percent.

> Read the full story here Source : Telecom.paper.nl

• Mega Millions Players Win More Than $2.6 Million

MEGA MILLIONS, Oct. 12 /PRNewswire/ -- Friday night's Mega Millions drawing really brought out the winners. When the numbers 09-11-17-26-41 and the Gold Mega Ball Number 29 came up, they instantly turned more than 260,000 tickets into winners. That's because there are nine different ways to win Mega Millions, depending on how many of those numbers a player matches. Mega Millions players won a total of $2,665,821 in Friday's drawing. But no one won the $21 million jackpot. So the jackpot for Tuesday night's drawing grows to an estimated $27 million. [...]

> Read the full story here Source : Yahoo.com

• New Visa Regulations: Problems For Webmasters

As many of you know, Visa USA has issued new regulations that require sites using certain independent processing companies to have a presence in the same country as the processor. This regulation has caused significant confusion for many Webmasters who are citizens of countries other than the United States. Importantly, this article is intended to only address Webmasters residing in such countries, not Webmasters based in the United States. The immediate reaction of many foreign Webmasters to the Visa regulations is to run out and form a business entity in the United States. Once they have the entity in place, the general plan is to then transfer money from the bank account of the entity to their local account. The most popular jurisdiction for using this strategy is Nevada. This strategy, however, carries significant practical and tax risks. [...]

> Read the full story here Source : GamblingMagazine.com

PLAY & ENJOY NOW the most favored online casino by American players! Las Vegas USA Casino offers everything you wish from a Las-Vegas-style online casino - a generous 150% bonus up to $3,000 at welcome, more than 120+ thrilling and fun games with fast and various blackjack tables, huge progressive jackpots and much more - discover today one of THE BEST ONLINE GAMING DESTINATION ACTUALLY!