October 21, 2011
AGCC miscalculations, WHO's Israeli uprising, a troublesome Turkish blockade, and one hot Danish model
Slip off your coat and make your way into my small corner of Pokerati — a newly built alcove in Dan’s diamond-encrusted virtual mansion where I’ll bring you a weekly caché of poker and gambling news that the American-centric poker media may have overlooked. So put down your rodeos and pretend football as we give the poker globe a spin to discover piquant revelations and heart-warming tales of human endeavour from elsewhere around the world.
Dodgy Maths at the AGCC #
The Alderney Gambling Control Commission fell under the terrifying gaze of Subject Poker this week. The Commission’s report on their Full Tilt Poker hearing claimed that US Department of Justice had seized $331 million worth of FT cash. The real figure is closer to $159 million, argues the Subject reporter, with the larger number including money lost over and above Black Friday seizures. Either way, more numbers for Full Tilt and Alderney that don’t add up as they’ve been presented. [Subject Poker]
Mass Walkout at William Hill’s Israeli Office #
British bookmakers William Hill are at panic stations after a large chunk of their customer support staff enacted an impromptu strike last Sunday. The staff were upset at rumoured plans to move the office outside Israel. Will Hill Online deny they have any plans to relocate, but for a while it seemed like the civil unrest might spread, with offices in Bulgaria and the Philippines laying down their telephones in solidarity? [Telegraph.co.uk]
Turkey and Sportingbet Go to War #
Sportingbet have been fluttering their eyelashes at Ladbrokes for the past few weeks in vain hope of encouraging an acquisition. Any deal would’ve been conditional, however, on Sportingbet’s withdrawal from the volatile Turkish market; and although negotiations with Ladbrokes have broken down, Sportingbet were hours away from selling ‘Superbahis.com’ to GVC Holdings PLC. That was until the local government suddenly blocked the website. [The Guardian]
Denmark Unveils Plans to Regulate Online Gambling #
The European Commission are so happy with new Danish gaming regulations that they are recommending them as a model for all other EU nations to follow. But the new rules controversially require lower taxes from online gambling companies than those paid by existing land-based casinos. [Financial Times]
Apparently at Pokerati we’re supposed to take pride in any appearance of not working, so I’m off to the rainswept British coast for a week of holiday, but will be back to let my distinguished American cohorts know what they missed while I was gone and they were sleeping.