Gambling News
Want to know what is going on in the gambling industry? We got the leading edge, delivering inside stories on land based and online casinos. Be in the know with local and international news that are making headlines.
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Gambling News
eCOGRA INTRODUCES NEW SERVICES ONLINE OPERATOR INTEREST SURGES
eCOGRA’s new services prove to be popular safeguards ONLINE OPERATOR INTEREST SURGES AS ECOGRA INTRODUCES NEW SERVICES The independent player protection and standards body eCOGRA (eCommerce and Online Gaming Regulation and Assurance) has experienced a surge of interest in its expanding range of professional services, says Chief Executive Officer Andrew Beveridge following a decision earlier this year to accept online gaming and betting operators that do not necessarily use the software o... -
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Gambling News
USA Warned to Resolve case with WTO
Will the US listen? They are being warned!!A leading trade policy expert has called on the US to quickly resolve its trade agreement violation case with the World Trade Organisation (WTO) as any delay could damage the WTO’s credibility and force the US to pay billions in compensation.The WTO ruled in March that the US unfairly prohibits foreign Internet gambling operators from accessing their market while, at the same time, allowing domestic companies to legally accept online bets.
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NETELLER IN THE PROCESS OF RETURNING FUNDS TO USA
NETELLER has proven itself to be an honest company for many years, As they continue their honesty to give back the USA funds. Remember they are swarmed with emails, so be patient as they return the funds. American bettors woke up to the start of a great day, as internet gambling payment processor NETeller officially begins the process of returning $94 million to its US clients.
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Gambling News
NETELLER Returning USA FUNDS
Please read carefully and follow the steps to assure you get your funds returned quickly. Today, NETELLER announced that it is out of negotiations and will soon begin to implement a plan for the distribution of $94 million in US funds. The distribution process will begin by July 30, 2007. Customers will receive an e-mail when distribution is available. The two most important things to note are: 1) Beware of scams and 2) requests will only be accepted until January 26, 2008.
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Gambling News
Second Life’s Creator “Linden Labs” bans all forms of gambling
San Francisco, CA, Linen Labs, the creator of Second Life announced it has banned gambling in the virtual world. Players in Second Life break plenty of physical laws, flying and teleporting around their virtual world and crafting made-to-order bodies and buildings. Federal laws, however, aren’t so flexible. Following an FBI investigation, Linden Labs has banned all forms of gambling from Second Life, according to a posting on the company’s blog.
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America's High-Stakes Response to the WTO Internet Gambling Dispute
POLICY FORUM Wednesday, July 25, 2007 A very important meeting was held, Yesterday, July 25, 2007, in Washington from the Cato Institute. This meeting is on live video. To watch it simply click the link below. Then click on “Watch the Event in Real Video. Click WATCH to see the actual Cato meeting. The dispute between the United States and the Caribbean island nation of Antigua and Barbuda over U.S.
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Gambling News
Neteller tells the extent of United States Damage
Neteller tells the extent of United States Damage And Plans to return US customers’ Funds Neteller has revealed the full extent of damage done when it was forced to withdraw from the US. As of March 2007 a loss for three months totaled $14 million, after a reconstructing cost of $12 million along with other expenses when the company posted a pre-tax loss.
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Gambling News
NETELLER Distribution Plan to be Implemented To USA
Neteller reached a settlement with US Attorney’s Office, as posted in our last article: 20/07: NETELLER reaches a settlement with US Attorney’s Office (Read more about the Neteller settlement here.) Neteller announced on June 4th, that the Company agreed to plan for the distrubtion of funds to its United States customers.
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Beware of evil affiliate!
If you have a website, go to google and type in inurl: yoursite.com -site:yoursite.com to find similair hijacks. This is part of the search for G&C: Google Search The person owning all these sites is stealing all the traffic and page rank from G&C. This is the person in question: Breederscupraces.com: Private Registration Host: 1&1 Internet, Inc.
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Gambling News
NETELLER reaches a settlement with US Attorney’s Office
Neteller announced that it has reached a Deferred Prosecution Agreement (DPA) with the United States Attorney’s Office of the Southern District of New York (USAO).Neteller has agreed to pay a $136 million dollar penalty to the United States. The deal also includes 18 months of monitoring by the United States government..
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Gambling News
ONLINE GAMBLING NEWS: OECS Trade Ministers show Solidarity with Antiqua and Barbuda’s US Internet Gaming Challenges:
July 17, 2007 Following a statement by the OECS (Organization of Eastern Caribbean States) trade ministers on Antiqua and Barbuda’s ongoing dispute with the United States on Internet Gaming. This statement is among the conclusions of the OECS ministers of trade meeting in St.
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ONLINE GAMBLING NEWS: iMEGA/ UIGEA has a hearing scheduled for September 4, 2007
As we all wait patiently to see the outcome of iMEGA’s hearing they are going strong. In the state of New Jersey a Federal Judge assigned a hearing date for the lawsuit against US Attorney General, Alberto Gonzales. The lawsuit seeks to have a new online gambling law, as well as the UIGEA overturned. Judge Mary L. Cooper will hear the case. The target of the iMEGA is to ask the court to declare the UIGEA unconstitutional and unenforceable.
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UIGEA FAILED TO MEET THE DATE TO ENFORCE THE BILL
Today marked the end of the UIGEA’s 270 day deadline to enter into action the regulations of the bill. It failed to do so. Here are some comments by one of G&C’s sources in high places: “As of 5pm est.
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RGA endorses Internet Gambling Initiative:
RGA-Remote Gambling Association has announced an endorsing of the Safe and Secure Internet Gambling Initiative (SSIGI). Working to promote legalizing and regulating online gambling in the USA. In May of 2007 the SSIGI was created by two U.K. based companies in order to help strengthen the bill bought forward by Rep. Barney Frank.
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GAMBLING NEWS
The law may be changed where Americans were stopped from playing online. The reasons why, read below: Will the UIGEA be reversed, changed, or revised? Read below to find out our up to date details. You might be shocked at the major companies that are supporting Barney Frank and the bills presented to make this turn around. Rep. Barney Frank, D-Mass, introduced a new bill to reform the UIGEA. The bill is IGREA- Internet Gambling Regulation and Enforcement Act.
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Neteller co-founder Stephen Lawrence pleads guilty
Stephen Lawrence, who founded Neteller together with John David Lafebvre, pleaded guilty today to charges of criminal conspiracy. Neteller processed billions of Dollars related to internet gambling. In a court room in Manhattan , NY, Stephen Lawrence said that he acknowledged that facilitating bets with offshore bookies was illegal. He agreed to be partially accountable for the 100 Million Dollars the government wants from people who were involved in the operation.
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Barney Frank Gains more Co-Sponsors for his Internet Gambling Bill HR-2046
Congressman Barney Frank is still out there for the American people, by gaining sponsors to his proposed bill to bring back legalization of online gambling.
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Covers and USA Today have Joined Forces
All of the online sports gambling and betting that are run by large companies is sweeping the nation these days, of which we bet more companies are sure to follow, what happened to the common American’s rights to online gambling on any site in their own homes? This article should spark your interests. Sports-book ads in USA Today.com may shock many people with this statement posted on their website; “USA Today.com and Covers.
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Betcha’s Bold Platform stands on the Edge of Gambling
Betcha is a platform for peer to peer betting where they allow users to bet on four markets; News, Business & Finance, Arts & Entertainment and Sports. The founder, Nick Jenkins, is like many founders with a brilliant idea, and may be a little crazy to think that Betcha has no worries about two related things; it is based in Seattle, WA and all debts are on the honor system. Nick Jenkins says that Betcha is a third way to gamble and an EBay site for bets.
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Gambling News
The EU’s First Steps towards Supporting Sports-Betting Services
The European Commission is opening the door for sports-betting in countries close to home. We are hoping for the ripple effect to hit the US, where the online players can get back to a relaxing game in their own homes. Sweden and France have a request from the European Commission to amend their laws, following replies to letters of formal notice.
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A UIGEA Injunction Hearing, Court Date is Coming Soon
Hold off on those life boats for now.
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iMEGA Suit Challenges Unlawful Internet Gambling Enforcement Act (UIGEA)
The cases brought forth against the UIGEA are making more waves around the world as each week slips by. It may be time to break out the life-boats on the high seas of internet gambling until this storm blows by or internet gamblers are saved by an unseen force. With its suit challenging the UIGEA, iMEGA has made a splash in the US Circuit Court vs. Alberto Gonzales.
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Gambling News
The WTO Online Gambling Case has Seven Compensation Claims against the U.S.
From one to three, three to four and now seven countries with claims to file for compensations because there is a disagreement for online gambling, how many more countries will step forward for their claim? Only time will tell. In the ongoing WTO online gambling case between the U.S.
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Internet Gambling Talks between President Bush and Antigua’s Prime Minister
We can only hope that the talks between the US President and Antigua’s Prime Minister will only come out peacefully in the end, where the ban on US online gambling may eventually be lifted.
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PartyGaming Cashing In; could become an Attractive Acquisition Target
You heard it right, the chief executive at PartyGaming, Mitch Garber, as part of his planned series of share sales, has cashed in options worth more than £1.7m towards gifting the company’s employee trust a raft of shares to be awarded to employees. Party’s recent discussions with the US authorities, from an analyst’s note that was issued, could pave the way for the company to be snapped up by a US gaming or Internet giant.
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Gambling News
Japan and India Join in Filing WTO Complaint against U.S.
The waters are getting choppy between the East, West and the Caribbean against the U.S. banning Internet gambling to U.S. players and their U.S. funds going to other countries. Geneva-The Caribbean nation of Antigua and Barbuda, yesterday said; that for the United States’ failure to comply with a World Trade Organization ruling that it’s Internet gambling restrictions are illegal, the U.S. should face commercial sanctions worth more than 3 billion U.S.
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EU Joins Antigua in Complaint against UIGEA
How much will it take before the ban is lifted on U.S.
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Neteller Hopes To Announce Further Progress by July 13th
Well the expected announcement from Neteller regarding the release of funds from US accounts arrived and the expected details of prompt money distribution did not.
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Testimony Given To House Committee - "Online Gambling Can Be Regulated In The US"
Representative Barney Frank delivers as promised, taking the subject of online gambling to the House Committee on Financial Services last week.
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Online Gambling Arrests Impact Industry
The GIGSE or Global Interactive Gaming Summit & Expo as its formally known, is usually the online gaming industry’s biggest event, last year drawing 1800 attendees. Then came the arrests of online gambling executives while in the US and the attendance at this year’s GIGSE drew about half that amount.
