Britain to Introduce Gambling Legislation
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Prime Minister Tony Blair's government said Thursday it will introduce legislation deregulating Britain's gambling laws within weeks, a move eagerly awaited by U.S. casino companies hoping to get their slice of the next big market.
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Rundown land surrounding London's  Wembley Stadium will be transformed into a glitzy $600 million  gambling resort in a joint venture between U.S. group Caesars  Entertainment and Britain's Quintain Estates.
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Online gaming group PartyGaming Plc said  on Monday it would stop doing business with U.S. customers if  legislation passed there aimed at preventing gambling over the  Internet was signed into law.
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PLANS for Las Vegas-style casinos and fruit machines with Â£1m jackpots were approved in the Commons, despite a revolt against the government scheme by Labour MPs.
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Emergency legislation is to be introduced to temporarily nationalise the UK's stricken Northern Rock bank.
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The U.S. governmentÂs move to criminalize the processing of online wagers led to a Black Mondy for the online-gambling industry.
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China announces a campaign to stop rampant gambling, especially among government officials.
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IRELANDâS online bookmakers are lining up to grab a share of the $73 billion (â¬56.3 billion) American gambling market following a landmark ruling by the World Trade Organisation (WTO) last week that US legislation prohibiting gambling over the
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The British government faced anger from its legislators yesterday over a new bill to license a wave of casinos with unlimited jackpots, which critics charge could get thousands of Britons hooked on gambling.
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US President George W. Bush this week is expected to sign a bill making it harder to place bets on the Internet, a practice which already is illegal in the United States.
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Under the Wire An attempt to sneak a US bill banning online gambling into law has run into trouble. Supporters of the bill had attempted to attach the bill to a defence bill being passed this week, but the move has been blocked by the Armed Services Committee.â¦
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Online gaming group PartyGaming Plc and rivals Sportingbet and 888 warned on Monday they would be hit by legislation aimed at preventing gambling in the United States over the Internet.
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British finance minister Gordon Brown  will reveal a plan in his budget next month to encourage the  online gambling industry, the Daily Telegraph reported on  Friday.
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Looking to gain a foothold in the potentially lucrative United Kingdom gambling market, Caesars Entertainment says it will construct a Las Vegas-style hotel-casino in London.
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Shares in British online gambling companies, including Sportingbet PLC and PartyGaming PLC, dived Monday after the U.S. Congress passed legislation prohibiting the use of credit cards, checks and electronic fund transfers for online gaming.
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A World Trade Organization panel said Wednesday the US government should drop prohibitions on Americans placing bets in online casinos - a ruling that could open the United States to offshore Internet gambling.
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US casino operators are queuing up for a share of the burgeoning British market, betting on an outbreak of gambling fever after MPs voted to loosen laws governing the industry.