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Lyceum Media, iGaming Business and Gambling Online Magazine have arranged an Executive Update on the evening of Thursday December 4th, 2003 at Imperial College for interactive gambling industry insiders summarizing last week’s announcement by the Department of Culture Media and Sport (DCMS) on UK Online Gambling Reform mentioned in the Queen’s Speech earlier today. The Executive Update will also outline the recent decision from the European Court of Justice on the Gambelli Case, affecting the rights of online gambling enterprises to compete within the EU.

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The World Poker Tour (WPT) was founded for the purpose of taking a widespread recreational game, poker, and turning it into a legitimate televised sport. The mission statement of the WPT is: “to establish poker as a significant televised main-stream sport broadcasting top poker tournaments around the world under the premier brand of The World Poker Tour.” The WPT will set new standards in poker programming. They will establish a signature look and feel, designed to make poker exciting (including using mini-cameras to show the players down cards). In addition to being treated to excitement and drama, the viewers will become educated about poker. They will be able to visualize situations, recognize tough decisions players will face, and wonder what they would do under intense pressure with the world watching.

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The lawyer is said to have lost $1.1 million on gambling at the local Christchurch casino, where the total amount he wagered has reached $10.7 million. Most money was taken from individual clients of his law firm. The only upside to this story is that the lawyer's guilty plea will make it more easy for the Solicitor's Fidelity Guarantee Fund to deal with the claims that have been made by the affected clients.

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