Albania to stop online gambling abroad

October 25, 2013

Albania will close access to all Internet betting sites abroad in an effort to stop the outflow of money from one of the poorest countries in Europe.

Prime Minister Edi Rama on Friday said the government would prepare legislation to block gambling on websites based abroad, where Albanians spent 500-700 million euros ($690-965 million) a year, according to calculations from domestic and international experts.

No figure of the spent on domestic gambling was given.

Rama took power after his leftist Socialist Party-led coalition achieved a landslide victory in the June parliamentary election, and since then officials have checked some 1,300 casinos and betting shops from cities to remote villages, closing down many of them and suing their owners for operating illegally or .

Explore further: Why are consumers more likely to participate in online gaming than gambling?

Related Stories

Gibraltar betting on US online gaming

October 8, 2013

The tiny British territory of Gibraltar is bidding to snap up a giant slice of the nascent US online gaming market as states gradually begin to relax a ban on Internet betting.

Christie again vetoes NJ's Internet gambling law

February 7, 2013

(AP)—Gov. Chris Christie has vetoed a bill that would have made New Jersey the third state to legalize gambling over the Internet, but he says he will support such a law if it were put on a 10-year trial period.

How you name it matters: 'Gambling' vs. 'gaming'

October 16, 2013

(Phys.org) —Is online betting fun entertainment or a seedy fraud? Your opinion likely depends on whether you label it "gambling" or "gaming," reports a new Cornell study that shows how industry labels help shape consumer ...

Recommended for you

Samsung to disable Note 7 phones in recall effort

December 9, 2016

Samsung announced Friday it would disable its Galaxy Note 7 smartphones in the US market to force remaining owners to stop using the devices, which were recalled for safety reasons.

Swiss unveil stratospheric solar plane

December 7, 2016

Just months after two Swiss pilots completed a historic round-the-world trip in a Sun-powered plane, another Swiss adventurer on Wednesday unveiled a solar plane aimed at reaching the stratosphere.

Solar panels repay their energy 'debt': study

December 6, 2016

The climate-friendly electricity generated by solar panels in the past 40 years has all but cancelled out the polluting energy used to produce them, a study said Tuesday.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.