Togel Singapore

Sportingbet Moves Togel Singapore Operation Offshore

 

 

UK-based online gambling firm Sportingbet has announced that it is moving the group’s operations to the Channel Islands, largely because of uncertainty over the operational requirements due in September’s Gambling Act 2005.

 

A statement from the company said that the board had chosen the Channel Islands because of the more defined regulatory environment, and that it will have left the UK by 1 September.

Sportingbet, which has been forced to reorganise the structure of its business since the US introduced the Unlawful Gaming Enforcement Act last year, added that it expected to incur a £13.5 million charge as a result of the move.

 

In related news Bwin management dismissed a report by Austrian daily WirtschaftsBlatt, which claimed that Sportingbet could become a core shareholder in Bwin, as “pure speculation.”

 

A spokesperson for the Austrian online gaming firm did confirm that talks over the proposed purchase of Sportingbet were still progressing.

 

Sportingbet, Neteller Sign Agreement With US

 

Online gaming firm Sportingbet is said to have reached an ‘amicable solution’ with Louisiana’s district attorney. A statement from the firm said that all related warrants issued by state police had been cancelled with immediate effect, adding that the St Landry District Attorney now considered the matter closed.

 

Last September, the Louisiana State Police issued a warrant for Sportingbet’s then-chairman Peter Dicks on charges of “gambling by computer.” Dicks was set free by the US authorities later in the month.

 

In further news, online payment …

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