So we have had a lot of news about the Barney Frank bill that the self named Senator introduced but what is going to happen now. It is a logical bill designed to ensure that the Federal government in the USA reaps more tax dollars that will ultimately benefit citizens of the US.
We think that taking this approach to online gambling is the correct way to go. Rather regulate than prohibit. We do hope that law makers and citizens of the United States decide to rally around the bill that will effectively de rail UIGEA.
Across the pond the European gaming scene continues to grow unabated. As reported by Fenerbahce Bahis the privatisation of the Turkish Lottery fell through due to the bidders OPAP of Greece and Turk Cell of Turkey not meeting the reserve price of the tender. It was priced at over a billion dollars.
The online bingo world sees continued growth on both sides of the Atlantic as land based bingo halls seem to be in the firing line in various states and countries. Land based bingo halls are closing down in a number of countries and bingo operators are pointing to governments and what they feel are unfair taxes being charged.
The world of online casinos sees the launch of another RTG casino in the form of Lucky Red Casino. The Casino is part of the Club World Casino group of casinos so it is therefore a US friendly online casino.