Manne wrote:
The US state of New Hampshire has come up with a sneaky way to offer online gambling by taking advantage of what might be called a ‘loophole’ in American gambling laws. The current rules about online gambling in the US come from a law called the Unlawful Internet Gambling Enforcement Act (UIGEA) which officially came into full effect on June 01. The UIGEA explicitly forbids American banking institutions from helping players move money to and from online gambling sites in an attempt to make it difficult to for Americans to gamble on the internet.
In a very clever move, the state of New Hampshire has come up with a way around the problem. A new system called PlayNowNH, which is meant to launch on July 01, gets around the UIGEA payment processing ban by selling players physical lottery tickets that let them play games on the internet.
Each PlayNowNH ticket one will contain a special code that gives the purchaser credit at a dedicated online gambling site. Winners must then return to the point of purchase to collect any prizes they win. This system avoids the problem of moving money to and from online gambling accounts since the actual purchasing and prize collection are done physically and in person.
Tickets will come in a variety of denominations, up to a max of $100. A variety of games will be available at the time of launch, including baseball, super slots, New Hampshire Poker and speed bingo.
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2008/12/20
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The awards saw the groups recognized for their contribution to the industry in a wide number of categories, with names such as Playtech, Net Entertainment and Microgaming taking some of the awards.
Playtech managed to grab three titles: In the Poker Network of the Year category through its iPoker network, as Poker Software Supplier of the Year and through its Virtue Fusion Alderney brand for Bingo Supplier of the Year. Microgaming also took a multiple award as RNG Casino Supplier of the Year and through its Spin 3 licensee as Mobile Supplier of the Year.
This was the inaugural EGR business to business awards ceremony, held on the first night of the EGR Live two day conference and exhibition at Old Billingsgate Market, London.
:dirol