A german hacker has been sent to prison for 2 years and 10 months for a DDOS extortion scam
against online gambling sites that coincided with the World Cup in 2010. The hacker threatened
to bring down certain gambling sites at a time when these sites generate a significant volume
of betting on the World Cup games. The german citizen was ordered to pay damages of over
$500,000 after being convicted of running a scam against six prominent online betting sites.

Three of the targeted online betting sites paid a combined total of roughly 5,000 euros, which
pales in comparison to the $500,000 in damages that the hacker must now pay to the government. This is the first legal case against a hacker that has threatened a DDOS attack against online gambling sites. Hackers continue to disrupt government sites within the United States and other popular web sites but they haven’t gone after any other online gambling sites.

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Post tags: arrested, ddos attack, extortion, gambling, gambling extortion, gambling online, german, hacker, jailed, online gambling

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Their was a unanimous passing of the Danish online gambling law through parliament recently, but the new gambling law has hit a speed bump with local gambling operators already filing a complaint due to tax issues within the law. This new law would tax online gambling in
Denmark at 20%. This is a crushing tax for any gambling operator because their are so many operators that pay less than 3% tax on gaming revenue from known tax havens.

While online gambling operators would need to pay 20% tax, it’s much less than land-based casinos that continue to pay 45%-70% tax to the government. The land-based operators want the same rate that will be given to online operators.

The law was scheduled to go into affect at the beginning of 2011, but this tax issue may create problems and put a delay on it’s implementation. Their are also issues with the government enabling ISPs to block online gambling sites that aren’t licensed by the Danish government. This would amount to censorship of the Internet and European Union has asked that it be removed.

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Post tags: danish, denmark, gambling, gambling law, gambling online, internet gambling, online gambling, speed bump

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