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Novomatic Forced to Pay Millions to Gambling Addict

For most gaming companies, protecting gambling addicts from accessing and/or abusing their products is a very important aspect of their business. Ethical gaming operators are pretty scrupulous when it comes to enforcing rules like self-exclusion but even the most scrupulous companies still run afoul of civil law when it comes to this end of their…

Austria to Gambling Sites: Hand Back 30 Years Worth of Winnings

A recent proposal from the Austrian government sounds like something out of a problem gambler’s dream and a gambling operator’s nightmare; hand back the last 30 years worth of winnings. It’s all part of an effort by Austrian Finance Minister Hartwig Löger to protect the Austrian government’s own gaming interests from international competition. Löger’s out-of-the-box…

PokerStars.fr Exits Austrian Online Gambling Market

PokerStars.fr is bidding, "Adieu" to its Austrian based players. The move comes in the wake of a new value added tax (VAT) that's set to shave an additional 20% off the company's take. News of PokerStars.fr's Austrian exit broke earlier this week, but the decision to leave has been brewing since 2007. That's when new…

Austria Charges Bwin.Party Execs with Bribery

Austrian officials have charged two Bwin.Party executives with bribery in relation to the company's failed 2007 bid to obtain a Turkish sports betting license. Norbert Teufelberger and Manfred Bodner were both charged with money laundering, breach of trust and corruption. The charges were laid against Teufelberger and Bodner were presented back on January 12, but…