Stepping on heels of online gambling

The European Commission once again warned Germany and Sweden over the gambling restrictions, menacing to sue Germany over online gaming ban that came into force January 1^st, 2008 and Sweden - over poker restriction. Last year the European Court of Justice made two landmarks rulings against Italian gaming restrictions. In March European Supreme judges used criminal laws to hold back foreign companies including Stanley Leisure Plc of the UK and in September the licensing system of the country was declared as illegal.

In addition, Commission opened series of legal challenges in response to complaints by betting companies and industry groups such as European Gaming and Betting Association, representing PartyGaming Plc and other web operators.

Meanwhile, in Vegas, heart of the American gaming industry has experienced payment processing problems due to the abundance of Neteller and MyCitadell eCommerce on the American market. During the Super Bowl game the lack of the decent processors able to handle the flood of transaction (customer deposits) equivalent to waged $100 million crashed existing payment processors  in three hours. Let us note that American banks carry responsibility for policing online gambling activity enforced by Unlawful Internet Gambling Enforcement Act and waged a campaign against web payment processors. The new based partnership of online processors moved to Caribbean and Central America with Asian, Middle Eastern and Russian processing companies brought an additional insecurity and high risks.

As it has been announced by Gambling911.com: "We may have to revert back to the days of issuing payouts only two assigned days during the week. It became a complete nightmare!"

Natalia, reporter of Ecommerce Journal