Autor Tópico: Noticias do dia em Inglês 9/10/2008  (Lida 744 vezes)

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Bruno Coutinho

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em: 09 de Outubro de 2008, 17:17
Formoapuestas Fecha na Argentina

Argentine online betting operator Formoapuestas has confirmed to eGaming Review it has been forced out of business by the sudden withdrawal of its licence by issuing authority Loteria Nacional.

Managing director Ignacio Aguero said the Loteria was yet to provide an explanation of its decision to revoke the licence with 12 of its 15-year term still remaining.

However, the news coincides with the Buenos Aires provincial government indicating it may be preparing a clampdown on online gaming, as its lower house debates a bill which would effectively outlaw all forms of remote gambling.

If introduced, the measures would require telecommunications providers to block access to all gambling sites and impose penalties on network providers and operators receiving bets from within the province.

The Loteria’s decision to issue a cessation order had taken everyone at the company by surprise, said Aguero. “This usually happens to companies that operate in grey areas. Formoapuestas has been working hard for years to comply with their rules and operate in a transparent and open way, so it was a great surprise to us,” he explained.

Aguero said he was now overseeing the winding down of the company’s operations, including negotiating its exit from a recently-signed agreement with Microgaming to provide Formoapuestas with a casino offering.

The operator has launched a legal challenge to the Loteria’s decision, but Aguero said that the likelihood of the process taking a minimum of two or three years to reach a conclusion had left the company with no option other than to cease trading with immediate effect.

Online payment solutions provider Neteller will change its name to Neovia Financial at its extraordinary general meeting on 11 November. The company said the new name was a strategically important evolution for the group that will enable it to put the events related to the US internet gambling ban firmly behind it. The renaming is the culmination of a year-long rebranding and refocusing process undertaken by the group, which will keep its three main product brands: Neteller, Netbanx and Net+.

Betfair will introduce in-running betting to Australian horseracing this Saturday, starting with six group races at the Caulfield Guineas race meeting. Commenting on the launch, Betfair Australia’s chief executive Anthony Klok said: “The in-running product will be a boon for the racing industry. We’ve been looking forward to offering this product to Australian punters on our local product for some time. Evidence from the UK suggests it’s a favourite with the punters and ultimately a great driver of interest in horseracing.”

An online ad campaign by Partouche Betting featuring Eric Cantona has been banned by the Advertising Standards Authority (ASA) for suggesting gambling was an escape from personal problems, the Guardian reported yesterday. The ads, which poked fun at England’s failure to qualify for the Euro 2008 football tournament, used images of Cantona dressed as a medieval king with the straplines “Bet to forget” and “Click or regret”, which linked to a website featuring a number of films where Cantona told punters: “Europe kicked you out of the Euro, who cares?” Partouche said the ads were meant to be a “light-hearted” comment on England's disappointment and that the campaign was only meant to be seen in the context of Euro 2008.


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