The Full Tilt Poker Series (FTOPS) is believed to generate a $17 million prize pool across the 27 scheduled events varying in some way. Each season the tourney starts with qualifiers and offers seats for the main event. Most of the events are for high rollers and skilled players. The buy-ins range from $100 up to $2,500. This time the buy-in comes to $500 which is rather decent. In any way, high buy-ins help yield a prize pool a chunk of which both pros and amateurs have a chance to take home. For more information, please, visit the Full Tilt site.
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The European Court of Justice has finally started supporting the efforts of the European Commission in forcing countries to open their doors to foreign gambling companies. At the moment Spain is hot on the list of the countries breaking EU gambling laws. The disagreement has risen as a result of tax breaks given only to the players winning from Spanish gambling companies, whereas players who gamble and win at offshore online casino sites are to pay taxes on their winnings. In spite of the fact that Spain is working with relatively open gambling laws now, it still giving clear preference to Spanish based companies. The taxation policy in Spain is, by no means, protective, however, it is not in compliance with the EU laws.
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Greece is still refusing to comply with the European Commission's request to readjust policies and regulations and end the existing online gambling state monopoly. The Greek government explains it as a necessary measure to protect Greek citizens from addiction. In reality, it is all about the money. By blocking foreign online casinos and land betting companies, Greece keeps state control over the gambling money in the country. It is obvious that the state monopoly is not less dangerous than the foreign gambling companies, but state monopoly works for the state budget only, while foreign online casinos site benefit the whole of the EU Economy. Of course, there are some countries where the state monopoly can be justified, but how to define the country's genuine interest?
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Lotto-Quebec is starting to offer online casino games in September. Quebec's government accepted the company's submison and as a resisult will get about $50 million in revenue over the next three years. To say more, this number is not final, it can be even larger, depending on how much of the Internet gaming market the lottery will occupy. Taking into consideration problem gambling, Lotto-Quebec will limit players on their weekly risk total, allow self-exclusion and have strict age monitoring.
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Mastercard is reported to have blocked transactions between US gamblers and foreign offshore companies. To say more, Mastercard is the first of the major processing companies to announce the blocks. The reason why the 2006 UIGEA as not worked yet is because there ave been no enforcement policies in place to stop the US gamblers from using their US bank accounts to fund their player accounts. Mastercard's approach to the situation doesn't seem to be positive at all what makes internet gambling industry a frontline issue in the US now.
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A Spanish player, known as Jose M, was playing four different slots at CasinoTropez to win 800,527 dollars. Jose M triggered 11 separate jackpots on CasinoTropez’s site over a very short period of time. Jose M turned out to be really lucky to win that big, as the slots he was playing are not linked, and it was pure chance that allowed him to make history at CasinoTropez. The player has become one of the top ten winning players in the history of the site.
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Players at Online Casino JackpotCity.co.uk can get an exclusive access to private free roll slot tournaments via a recently launched Face book program called Friends with Benefits. Players who have joined the Friends with Benefits group will be regularly updated on new opportunities, while those who invite other players to join the group will get even more advantages. Now, members of the group are offered a chance to participate in the next $1,500 Friends with Benefits tournament with a free entry. To make every player satisfied, the online casino promises that its prizes will vary with the time.
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Online gambling market in Eastern Europe presents a huge potential for the gambling industry. Increased levels of broadband access and rapid development Eastern Europe seem to be more and more attractive for the European gambling companies. Thus, Spin3 which developed very solid products for the growing mobile online casino gambling industry, has made a firm commitment to move into Eastern Europe. Now, having partnered with Rocket spin, the company can launch new and specifically centered Eastern European centered games.
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The UK paper, the Mail on Sunday, featured a security breach at Ladbrokes. The media storm is created by a person whose name is not known, however he goes by the name "Daniel". So, Daniel who is believed to have previously worked for Ladbrokes and been able to access player's information through a security breach, claims to have the information of over 10,000 Ladbrokes account holders up for sale. The information in question contains much more than the name and address of gamblers. It also includes account numbers, gambling history data and other personal details. To say more, Daniel claims he still has access to the rest of the company's 4.5 million registered players, and that sounds like a fiasco for Ladbrokes. It is known that at the moment Ladbrokes is working with police to investigate the situation and prevent similar situations in future.
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