The UK Gambling Commission has compiled and published a regulatory document entitled The Prevention of Money Laundering and Combating the Financing of Terrorism. The publication follows extensive consultation that has been ongoing since October and sets out how remote and non-remote casinos must comply with the Proceeds of Crime Act and Money Laundering Regulations, which came into effect in December.

Brussels (Reuters) – The European Commission dealt a blow to European online gaming companies on Monday when it accepted a U.S. offer of openings in other sectors to compensate for closing the U.S. gambling market to foreign firms. European companies such as PartyGaming and bwin Interactive Entertainment had hoped the European Union executive might shun a settlement and fight on instead to restore their ability to operate in the world’s biggest market.

The Control Commission of the Superior Auditory of the Federation of the House of Legislators will ask the Court to discard the controversy promoted by the Department of Interior (Segob), which will prevent to audit in the same way in which casino licenses were granted. PRI and PRD legislators which take part on such legislative instance regretted that last week a constitutional controversy was held in order to avoid the Superior Auditory of the Federation to hold a Special Development Auditory.

Atlantic City – In a stunning development, the New Jersey Casino Control Commission today denied a license renewal for the troubled Tropicana Casino & Resort, saying that a trustee would operate the Boardwalk facility immediately until a buyer was found. It was only the second time a license renewal has been denied in the 29-year history of legalized gambling in Atlantic City. The Tropicana’s attorney, Paul O’Gara, said the casino owner, Columbia-Sussex Corp., would appeal the decision, as soon as tomorrow morning, in state court.

Harrah’s Entertainment announced it received approval from the Missouri Gaming Commission for the proposed acquisition of Harrah’s by affiliates of Apollo Management, L.P. and TPG Capital. The transaction remains subject to approval by other jurisdictions in which Harrah’s subsidiaries operate and other conditions to closing set forth in the agreement and plan of merger entered into on December 19, 2006.

Harrah’s Entertainment announced it received approval from the Indiana Gaming Commission for the proposed acquisition of Harrah’s by affiliates of Apollo Management, L.P. and TPG Capital. The transaction remains subject to approval by other jurisdictions in which Harrah’s subsidiaries operate and other conditions to closing set forth in the agreement and plan of merger entered into on December 19, 2006.

Las Vegas (AP) – Station Casinos has cleared its final hurdle to going private. The Las Vegas-based company’s USD 5.4 billion buyout has won approval from the National Indian Gaming Commission, according to regulatory filings submitted Friday. The Indian commission’s approval clears the way for the $ 90 per share buyout to close early next week, possibly by Tuesday, the filing said. Station agreed in February to a buyout offer by an investor group that includes members of the company’s founding family.

Harrah’s Entertainment announced it received approval from the New Jersey Casino Control Commission for the proposed acquisition of Harrah’s by affiliates of Apollo Management, L.P. and TPG Capital. New Jersey casino regulators on Wednesday approved the proposed USD 31 billion acquisition of Harrah’s Entertainment by two private equity firms. The transaction remains subject to approval by 10 other states’ regulators in jurisdictions in which Harrah’s subsidiaries operate and other conditions to closing set forth in the agreement and plan of merger entered into on December 19, 2006.

Sports bodies fighting the betting industry over ways of protecting the integrity of sport received backing from the government yesterday. Problems in sport have been highlighted by the case of Kieren Fallon, the former champion jockey, who is currently on trial charged with attempting to defraud customers of a betting exchange. Tennis has also been hit by scandal and Betfair, the online betting company, voided all bets on a recent match after noticing suspicious betting patterns.

Gaming is big business the world over and Jamaica is no exception. As the industry grew here, thegovernment recognized a need for regulation, and so in 1975, it created the Betting, Gaming and Lotteries Commission. In an interview with JIS News, Executive Director of the Commission, Derek Peart explains that the purpose of the Commission is to regulate the gaming industry. „The Commission has the responsibility of regulating them, licensing or approval being given and also to ensure that only persons who are licensed or receive approvals are able to participate.

France is preparing to bow to pressure from Brussels and agree to a partial liberalisation of its state-run betting monopolies. In a sign that it is backing away from a confrontation with the European Commission, Paris has said that it is willing to legalise internet gambling on horse racing and football. The move would give companies such as Sportingbet, the London-listed online bookmaker, a toehold in the EUR 25 billion (GBP 17.4 billion) annual Gallic gambling market.

The European Commission will set itself on collision course with France, Sweden and Greece today when it orders them to end lucrative state-run sports betting monopolies. Paris and Stockholm will be given a final chance to change their legislation or face court action, while Athens will receive an initial warning. Sweden has hinted at a willingness to compromise with Brussels, but the French say that they will defend state gambling operators against competition from the internet.