SCHLESWIG-HOLSTEIN PLOUGHS LONE FURROW


The northern German state of Schleswig-Holstein has passed new legislation for the regulation of online gambling


The northern German state of Schleswig-Holstein has passed new legislation for the regulation of online gambling that will permit licensed operators to offer exchange and sportsbetting as well as poker and casino games with the exception of roulette, blackjack and baccarat.

Instead of joining with Germany's remaining 15 states in April and amending the current governing State Lottery Treaty, Schleswig-Holstein decided to submit draft regulations of its own for consideration by the European Union, which were subsequently ruled to be compliant.

The new legislation is due to come into force from January with licenses valid from March and see Schleswig-Holstein implement a 20 percent gross profits tax rather than the 16.66 percent revenue tax favoured by its fellow states. In addition, the regulations place no limit on the number of operators awarded licences and states that all online products should be permitted while implementing a strict consumer protection mechanism.

According to a report from the Reuters news service, both bwin.party Digital Entertainment and Betfair revealed that they have plans to apply for licences from Schleswig-Holstein with both seeing a rise in their share prices as a result.

"The resolution passed today is an important and groundbreaking step on the way to an open and regulated gambling market in Germany," read a statement from bwin.party Digital Entertainment.

For its part, Betfair declared that it hoped Schleswig-Holstein's example was followed by the remaining German states.

"We are now hopeful that the other 15 German states will make the regulated amendments to their proposed State Lottery Treaty in order to bring it into line with European Union law," read a statement from Betfair.
 
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BERAUD STEPS DOWN AT BETCLIC EVEREST


THE BETCLIC EVEREST Group has announced that Nicolas Beraud has stepped down as its Chief Executive Officer


THE BETCLIC EVEREST Group has announced that Nicolas Beraud has stepped down as its Chief Executive Officer after almost 18 months in charge and will be replaced by Ignicio Martos from travel agency website Opodo.

Beraud has led BetClic Everest since March 20io and helped the Paris-based firm to develop its range of sportsbetting and online gaming offerings.

"I will remember what a pleasure it has been in the last six years to experience an adventure that was so out of the ordinary in the company of enthusiastic and innovative staff and in a sector where everything was yet to be created," said Beraud. "I am grateful to the board of directors for its trust in me."

For his part, Martos has worked as Chief Executive Officer for Opodo since 2006 and is scheduled to begin his new job (at the time of press) on October 1.

"I chose to join BetClic Everest Group because I am now convinced that in the context of the market in Europe opening up this sector has major potential to be attractive and to grow," said Martos.

"The Internet has already revolutionised our way of life and our behaviour as consumers and there is a genuine opportunity to be taken to expand the range of leisure products and satisfy the passions of Internet users both for sport and poker."
 
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MASSACHUSETTS STATES ONLINE AGENDA


An amendment to the eastern state of Massachusetts' new proposed gambling regulations that could see Internet poker has passed the first of the legislative process


An amendment to the eastern state of Massachusetts' new proposed gambling regulations that could see Internet poker has passed the first of the legislative process.

The amendment was introduced by Massachusetts State Representative, Dan Winslow. and would see the newly created Massachusetts Gaming Commission asked to prepare model legislation and regulations by July 1 "so that poker games have integrity and consist of games of skill and not games of chance".

Winslow's amendment was approved by the Massachusetts House of Representatives and is now scheduled to be debated by the Massachusetts Senate before going up for a vote.

Under Winslow's proposal, Massachusetts would license up to five operators to offer games of online poker to its citizens for five years. Rake would be set at ten percent, which compares favourably with the 25 percent being sought by land-based casino and slot machine operators, while the state would receive 70 percent of the profits.

The amendment also contains a provision that prohibits lawmakers from being employed by casino operators. "The gambling legislation has great potential to create jobs at casinos and for construction," said the Republican.

"Internet poker has great potential for creating high-tech jobs, developing the software and also the regulatory software to ensure the integrity ! games."
 
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