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Gambling predictions, 2008
It seems that it is very hard to make predictions on gambling, this year even more difficult than the other years, and online gambling much more difficult than the classical gambling.
008 will be a very good year for the land casinos. Las Vegas has some big problems that will allow to other entertainment centers to compete successfully with the Sin City.
After several years of standby, Atlantic City will know in 2008 a new development period by building new casinos and improving the old ones.
But Macau will be the star of this year, with the most new projects for casinos, hotels and entertainment resorts. Cotai Strip will be the new center of the gambling world.
The Europeans will have their own Las Vegas too, soon. Gran Scala in Spain is a very ambitious project. This year we will see if it is a certitude for the next years, or just a chimera.
And, to not forget Russia! Russia made no major step till now, but it is very close to invest a lot of money. And, what about the Arabian gambling? Do you bet on the development of a very powerful casino entertainment center in Dubai? The partnership with MGM Mirage is just the beginning. I know about the Islamic rules, but I bet on it.
For me, a big surprise for this year is Harrah’s Entertainment. No big new projects and, at the end of the last year, the bomb (in fact, expected since a year ago): new owners for the casino and hotel resort chain of the world’s largest provider of branded casino entertainment. The surprise is even bigger taking into consideration the successful act of online gambling ban (see UIGEA). So, my prediction is that MGM Mirage will become soon #1 in the casino entertainment industry.
As for online gambling, very bad news, unfortunately. After UIGEA in US, Canada intends to ban the online gambling too, Germany already announced the interdiction for online gambling as well as for advertising the web/based gambling. There are signs that Italy will be soon with Germany on the same part of the barricade and, from the East European countries, Romania has a draft law to ban online gambling and any other related activity since two years ago, so it is possible to discuss it very soon. In this situation, and after the agreement with US, the European Commission it is possible to change its rules about online gambling even this year. I see UK the only country of the European Union that will allow the online gambling in the near future.
It is very interesting how United States, after deciding to ban the online gambling, and by means of the media, it is very close to change the mentality and principles of the whole world about online gambling. Most of the people considered online gambling a way of entertainment as any other, two years ago. Now, the same people are very convicted that they always was against online gambling and online casinos.
A special situation for online poker. If the online poker associations from US will earn the battle to allow this game on Internet (and it is a very powerful lobby for this), all the other countries, including Germany and Canada, will say that they never banned the online poker and will make an exception from the rules. But this will not happen, anyway, this year.
But we will see a spectacular increase of the skill games.
In fact, in the United States the future of the online gambling will be decided during and after the elections stated for this year, 2008. So, when you will vote, take into consideration your own option for online gambling, too.
(These predictions are based on my own experience, do not include any other considerations, I do not claim to be in accordance with the future events, I am not implied in the gambling industry except as a publisher, and I do not advice you to use it)
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Tags: 2008, associations, Atlantic City, ban, Canada, Casinos, Dubai, East European countries, elections, entertainment, European Commission, European Union, gambling, Germany, Gran Scala, Harrah’s Entertainment, hotels, Las Vegas, Macau, MGM Mirage, Online Gambling, online poker, Predictions, resorts, Romania, Russia, Sin City, skill games, Spain, UIGEA, UK, United States, US
Germany will ban online gambling starting with January 1st, 2008
Germany will ban any form of Web-based gambling or brokering of games over the Internet, beginning with January 1st, 2008, including the advertising of gaming over the Internet and on television.
Germany ratified an accord that preserves the country’s state monopoly for lotteries and most forms of betting. The new online-betting laws, which expire at the end of 2011, have drawn criticism from Internet betting companies and lottery brokers.
At least 13 of Germany’s 16 states have submitted the ratification documents, Eric Braum, a spokesman for the Hesse government, which monitors the process, said in an interview today, in accordance with Bloomberg. “That’s the required majority and we expect to have all the rest coming in by New Year’s Eve.”
The new laws are very similar to the laws in the U.S. The states may order Internet service providers to block websites of illegal betting operations and banks to stop money transfers to them. Illegal gaming includes placing a bet from German territory over the Internet with a company based outside Germany.
The operators claim the ban is contrary to law. Tipp24 said that “doesn’t see its business model jeopardized” because it expects the new rules to be overturned in court. The company regards the regulations “as clearly contrary to law and will sue for its rights if necessary,” Tipp24 said in a statement Dec. 19.
The European Commission called on Germany to reconsider the total ban on online betting, saying the step was disproportional. In April, Germany rejected that demand, arguing the rules are needed to protect citizens from the dangers of gambling, but the EC can sue EU member states to force them to comply with EU law.
Tags: , 2008, accord, Advertising, ban, banks, betting, brokering, European Commission, games, gaming, Germany, illegal, Internet, Internet service providers, January 1st, laws, lotteries, monopoly, Online Gambling, television
$21m annually for Antigua and Barbuda in its dispute with US for online gambling
The World Trade Organization, on 21 December 2007, issued the arbitration report regarding Antigua and Barbuda’s complaint against “United States — Measures affecting the cross-border supply of gambling and betting services” (DS285), especially UIGEA, awarded Antigua and Barbuda an annual $21 million compensation claim against the US and also approved of Antigua’s right to suspend its recognition of US copyright and trademark laws to an amount that does not exceed the value of its claim. Neither country can appeal today’s decision.
On 24 May 2006 started its complaint against US for online gambling. China, the European Union and Japan reserved their third party rights.
On 21 June 2007, Antigua and Barbuda requested authorization to suspend the application to the United States of concessions and related obligatins of Antigua and Barbuda under the GATS and the TRIPS Agreement.
The Arbitrator determines that the annual level of nullification or impairment of benefits accuing to Antigua in this case is US$21 million and that Antigua has followed the principles and procedures of Article 22.3 of the DSU in determining that it is not practicable or effective to suspend concessions or other obligations under the GATS and that the circumstances were serious enough. Accordingly, the Arbitrator determines that Antigua may request authorization from the DSB, to suspend the obligations under the TRIPS Agreement mentioned in paragraph 5.6 above, at a level not exceeding US$21 million annually.
Antigua and Barbuda’s request was for $3.4 billion annually.
A statement from the Office of the US Trade Representative said, “Antigua’s claim was patently excessive. The United States is pleased that the figure arrived at by the arbitrator is over 100 times lower than Antigua’s claim. Because the United States is already taking steps to bring itself into compliance by clarifying its WTO commitments with respect to Internet gambling, the Arbitrator’s award issued today is not paramount.”
Antigua ‘s lawyer Mark Mendel said that “$21 million a year in intellectual property rights suspension going forward indefinitely is not such a bad asset to have”.
Earlier this week, the US settled related claims with the European Union, Canada, and Japan. The US is still in talks with Macau, Costa Rica, and India.
Antigua’s revenue loss, adjustment for competition
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The European Union, Japan, and Canada have reached a settlement with the U.S. regarding its protectionist online gambling policy through UIGEA, although US tolerates some forms of online gambling, such as state lotteries and horse racing. Remote Gambling Association made today a complaint under the EU Trade Barriers Regulation seeks to stop discriminatory practices against European operators. The complaint says is against the United States (US) for discrimination based on violations of World Trade Organisation (WTO) rules. “We have been left with no choice but to pursue all legal avenues available to challenge the US Department of Justice for its discriminatory enforcement activities against European online gaming operators,” said Clive Hawkswood, the Chief Executive of the Remote Gambling Association. The DOJ has repeatedly stated that all forms of online gambling are illegal, yet it continues to enforce this view only in connection with non-US businesses. In October 2006, the US enacted a new law (the “Unlawful Internet Gambling Enforcement Act”, or UIGEA) which effectively criminalised online gaming provided by foreign operators while providing exemptions for protected domestic suppliers. “How would US investors and businessmen feel if they invested in a business in the United Kingdom based on international law commitments, and then suddenly the U.K. not only passed new laws forcing them to shut down their business, but then tried to throw them in jail for past activities while still allowing their domestic competitors to continue on doing the same thing?” Hawkswood asked.“That’s what is happening to our industry in the US,” he added. Through the members of RGA there are 888, Bet 365, Skybet, Betfair, Sportingbet, Microgaming, Totesport, CryptoLogic, PartyGaming, Eurogaming, Playtech, and many other very known companies. The fight for online gaming industry just started. Do you bet on US, or the EU companies? All the three companies have agreed to pay a total of $31.5m (£15.7m) to settle claims that they accepted online ads promoting illegal gambling, during the last ten years. Microsoft has to pay $21m, part of it as a charitable donation to support exploited children ($4.5m to the International Center for Missing and Exploited Children (ICMEC) to establish a fund to assist ICMEC with its national and international mission), and another part, $9m, for an ad campaign against the online gambling Yahoo to pay $3m and to fund an $4.5m ad campaign against the online gambling. Google has to pay $3m. All the three companies say that they stopped the online gambling advertising some years ago. In accordance with the News Release, “These sums add to the over $40 million in forfeitures and back taxes this office has already recovered in recent years from operators of these remote-control illegal gambling enterprises,” said Hanaway. “Honest taxpayers and gambling industry personnel who do follow the law suffer from those who promote illegal online behavior.” “Illegal internet gaming operations continue to be areas of IRS compliance concern,” stated James D. Vickery, Special Agent in Charge, IRS-Criminal Investigation. “CI will continue to play an enforcement role in the illegal gaming industry and to support regulatory and legislative initiatives aimed at eliminating an environment conducive to illegal gambling.” Unfortunately for the online casinos and poker rooms, the agreement (signed in Geneva) is not to change UIGEA, but to compensate EU for this ban. United States will compensate European Union especially in the domain of the trade, and mail services. In accordance with Business Week, “This compensation cannot be quantified up to the euro,” the EU mission to the WTO said in an e-mailed statement. “Nonetheless, it is clear that new trade opportunities are created for EU service suppliers in important sectors in the U.S.” US will also provide access to research and development in the natural sciences, social sciences and humanities, and will help the European companies offering technical testing and analysis services. “We are pleased to confirm that the United States has reached agreement … with Canada, the EU and Japan” Gretchen Hamel, a spokeswoman for the U.S. Trade Representative’s office said in a statement. “The agreement involves commitments to maintain our liberalized markets for warehousing services, technical testing services, research and development services and postal services relating to outbound international letters”. (Reuters) EU officials declared that EU will continue to believe that it is better to regulate than to prohibit online gambling. “While the US is free to decide how to best respond to legitimate public policy concerns relating to internet gambling, discrimination against EU or other foreign companies should be avoided,” said Peter Power, EU trade spokesman. Peter Mandelson, EU trade commissioner, said last month that he would be pressing for “substantial” compensation. European gaming companies have claimed losses of an estimated $4bn a year from the US move. Clive Hawkswood, of the Remote Gambling Association, said he was “disappointed but not surprised” at the EU settlement. The sector’s best hope was for the EU to take its claim against the US to arbitration, given the number of European-based online gambling companies affected by the US clampdown. (Financial Times) US is still in discussions for compensation with India, Antigua and Barbuda ($3.4bn in trade sanctions against the US), Macau and Costa Rica. Web Design & Development Follow me on Twitter & Facebook Casino-Online.com (Gambling portal) |
