What is all boils down to is this: PartyGaming has agreed to pay $105M in exchange for the DoJ to not follow up on any “criminal” charges being brought against any of PartyGaming exec’s. As we all know, the DoJ has had their sights set on PartyGaming for quite some time now, and have since the passing of the UIGEA (Unlawful Internet Gambling Enforcement Act) about 2½ years ago. The DoJ used the wire act, a law that was passed in 1961, as the basis of their fight against PartyGaming in regards to their accepting wagers from citizens of the United States.
I have a great feeling that the UIGEA will be repealed next year, and even Forbes is alluding to this, in their statement of “If online gambling is legalized in the U.S. next year, that will put the company in good standing with regulators.” at the end of their opening paragraph in this source’s article.
All in all, this is great news, and just another brick in the wall (yes, I love Pink Floyd) that Barney Frank is building to try and repeal the UIGEA in the very near future. Keep your fingers crossed!
Yggdrasil intends to significantly expand access to its gaming library through a collaboration with well-known online casino and sports betting provider, Betway. According to the agreement, the supplier will provide its portfolio to the operator across various regulated markets, including the United Kingdom, Germany, which recently opened the market to licensed online casinos.
Pragmatic Play, a leading online casino content provider, intends to increase its presence in Italy after recently renewing an agreement with a local operator. The Malta-based provider announced that it has reinforced its collaboration with trustworthy Italian operator, Planetwin365. According to the deal, the developer agreed to supply Italian providers with premium casino content.
Pragmatic Play, the leading online casino provider, is pleased to announce an unprecedented victory in progressive bingo. The lucky player at Princess Casino, received the highest payout on the provider's bingo network of €50,000. This is the biggest recorded bingo win in the history of the brand’s bingo network. This win happened after the provider started its collaboration with Princess Casino and launched its bingo titles on the operator's online platform.