Names and Faces -- Youbet.com said today that its CEO, Charles F. Champion, has been elected as chairman of the company's board. Earlier this week, Lawrence R. Lucas resigned his position as director and board chairman.
UK Gaming Bill -- Casino regulation is the focal point of a new set of proposals released yesterday by the U.K. Department of Culture, Media and Sport and the Office of the Deputy Prime Minister. These new proposals, which will form part of the U.K.’s new Gambling Bill, would limit the number of gaming machines in casinos, establish 5000 square feet as the minimum size of new casino, and define the function of regional planning bodies in large casinos. "The licensing regime for casinos must strike a clear balance between bringing gambling further into the mainstream leisure industry and ensuring fairness to participants and the protection of children and the vulnerable,” said Gambling Minister Lord McIntosh, who along with Planning Minister Keith Hill delivered the position statement announcing these latest proposals.