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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 David Carruthers, Ex CEO of BoS Prepares For BattleRead Full ArticleThere’s a great article at Covers.com that discusses the battle David Carruthers, ex CEO of BetOnSports, is preparing for in a US court of law. Games and Casino reported earlier this week that Carruthers had sent a letter to BoS advisors and politicians asking the UK for help. “…Carruthers is the former CEO of U.K.-based sportsbook, BetonSports.com.
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Gambling News David Carruthers, BoS Ex-Boss, Asks UK For HelpRead Full ArticleJust in from eGaming Review are reports that “David Carruthers, ex-chief executive of BetonSports, has sent a letter asking for individuals at the company’s former advisers to lobby the UK government, the EU and UK and European Members of Parliament on his behalf as part of his attempts to use the recent WTO decision as part of his defence.
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Gambling News New Google Program Compiles Psych Profile of Online PlayersRead Full ArticleGoogle has submitted a patent request (US and Europe) for a new program that compiles psych profiles of online ‘gamers’. The thought behind the program is that a player’s in-game behavior provides insight into that player’s personality type. Traits like honest or dishonest, passive or aggressive and includes their personal preferences.
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Gambling News Bwin Betting On Czech Gamling IncreasingRead Full ArticleCzech Business carried an interview with Bwin Interactive regarding the Czech government’s stance on online gaming and Bwin’s successful European operations. “Foreign online gambling companies are betting they’re onto a Czech business jackpot because government officials will never be able to stop their Internet activities run from abroad.
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Gambling News Former Senator Calls For Regulation Of Online PokerRead Full ArticlePoker Players Alliance recently hired Alphonse D’Amato to act as their spokesman for the PPA. In an article by former Senator D’Amato and carried by the Boston Herald, he discusses government’s biggest blunders, self-serving politicians and outrageous legislation; all of which apply to the UIGEA. “Perhaps the biggest government blunders in U.S.
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Gambling News Petition To Repeal UIGEA Has A New GoalRead Full ArticleCasinoGamblingWeb announced recently they have a new goal.
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Gambling News DOJ Indicts 4 Companies, 7 People in Latest Online Gambling CrunchRead Full ArticleThe news out of Las Vegas, according to the Las Vegas Sun, is that charges have been brought against 7 people and 4 companies who stand accused of processing payments for illegal internet gambling. According to the indictment, the 7 defendants live in Las Vegas and 2 of the 4 companies are based out of Salt Lake City.
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Gambling News Chinese Govt Raids Online Casino, $519 Million In Bets ConfiscatedRead Full ArticleShanghai Daily reported the investigation and arrest of an online casino in which 5 shareholders of the company and 11 senior members were arrested.
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Gambling News E-Gold Founders Indicted for Abetting Fraud and Child PornographyRead Full ArticleCo founders of another payment processor, E-Gold, were indicted last week for allegedly ‘allowing the service to be used by criminals engaged in financial scams and child pornography’ according to the Washington Post who reported on the indictments The indictment names the company’s co-founders — Douglas L. Jackson, of Satellite Beach, Fla., and Barry K. Downey, of Woodbine, Md., as well as Reid A. Jackson, of Melbourne, Fla.
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Gambling News UK Companies Plan Grass Roots Campaign In US for Internet GamblingRead Full ArticleUC Group and Baker Tilly believe they have the software and technology to perfectly compliment Rep. Barney Franks new legislation for internet gambling. Their product allows the user to pinpoint the age and location of bettors and detect compulsive gambling and money laundering. The software is already operating in systems around the world according to a company spokesman. the Hill reports that the 2 companies teamed up to launch the “Safe and Secure Internet Gambling Initiative”.
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Gambling News Politicians Silent On US Refusal To Comply With WTO Online Gambling RulingRead Full ArticleOn Friday, April 4, 2007, the US announced its decision to ‘modify’ the commitment made in 1993 to open U.S. markets to “recreational services.” and clarify that gambling services are not included. This unprecedented action would remove any WTO jurisdiction to online gaming and nullify Antigua’s recent WTO court victory.Response to this newest US decision, good or bad, has been reported from several countries outside the US but there has been no comments from the US political arena.
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Gambling News Antigua Feels 'Deep Disappointment' Over US Actions To Nullify WTO RulingRead Full ArticleAntigua today expressed ‘Deep Disappointment’ over the announcement by Deputy U.S. Trade Representative John K. Veroneau who said “U.S. federal and state laws have banned interstate gambling for decades, therefore it would be nonsensical for the U.S. to make a commitment to open up interstate gambling for foreign providers when it was unlawful for U.S.
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Gambling News Rep. Berkley Introduces Bill Into Congress Calling For One Year Study Of Online GamblingRead Full ArticleMore activity this week as Rep. Shelly Berkley (D-NV) yesterday introduced a bill calling for a one year study of online wagering to be conducted by the National Academy of Sciences. Las Vegas Review-Journal reported that Rep. Berkley wants to repeal the UIGEA which was rammed down lawmakers throats last year during the last minutes of session and signed into law October 13th as part of an unrelated bill.
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Gambling News New Mexico Governor Favors Repeal of UIGEARead Full ArticleWhile on a campaign stop in Nevada this week Bill Richardson, Democratic presidential hopeful, said he favors repealing last year’s congressional ban on internet gambling. According to Yahoo! a reporter talked to Mr Richardson regarding his stance and relayed the following information: “I’m against shutting it down,” Richardson said in an interview with The Associated Press.
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Gambling News Internet Gambling Giant 888's Hard Work Reflects Increased ProfitsRead Full ArticleFinanceWeek reported yesterday that “While online gambling firm Party Gaming has warned that its performance is likely to be way below expectations as it struggles to come to terms with the loss of the US market, rival company 888 has enjoyed increased profits.
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Gambling News US Sports Leauges Say No To Govt Involvement in Pro Sports but Yes To Govt Ban On Personal RightsRead Full ArticleThe sports organizations in the US, represented by lobbyists from Covington & Burling, sent a letter to the offices of Financial Services Committee members a few days ago expressing their displeasure over the possible legalization of any online sports gambling, according to a report in The Hill “A coalition of major amateur and professional sports leagues is urging members of the House Financial Services Committee to oppose legislation unveiled by Chairman Barney Frank (D-Mass.
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Gambling News The Word According To Senator Kyl - UIGEARead Full ArticleSenator Jon Kyl authored an article carried in the National Ledger Monday regarding the repeal of the UIGEA or to be exact, why the attempt to repeal the UIGEA should and would fail. The article opens with “Last week, Arizona authorities raided four illegal online gambling rings, centered in Phoenix but operating in three states, seizing millions of dollars in cash, cars, and property.
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Gambling News UK Online Casino Operators Not Involved In US Gambling LegislationRead Full ArticleeGaming Review Refusing to support or even offer encouragement for the recently proposed online gambling legislation in the US, the Remote Gaming Association (RGA) has admitted the organization and its members were not interested in becoming “heavily involved” in the recent lobbying effort according to eGaming Review In response to accusations from sources in the US that lobbying efforts for the legislation introduced by Barney Frank were not being supported by the RGA.
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Gambling News The US Could Lose To the WTO and Antigua In It's Stand Against Online GamblingRead Full ArticleFinancial Post Part of the Canada.com Network Sallie James, Financial Post Thursday, April 26, 2007 ‘On March 30, a World Trade Organization tribunal handed down a potentially significant finding against U.S. restrictions on Internet gambling.
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Gambling News 40 Million Users Gambling Online and Could Quadruple By 2020Read Full ArticleSilicon Republic Online gambling set to quadruple by 2020 26.04.2007 – Online gambling to date has netted 40 million users worldwide and looks set to quadruple by 2020, according to Irish research company iReach.
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Gambling News Representative Barney Frank Introduces The IGREARead Full ArticleApril 26, 2007 Breaking News – Representative Barney Frank today introduced the Internet Gambling Regulation and Enforcement Act of 2007. This act would create an exemption to the ban on online gambling for properly licensed operators, allowing Americans to lawfully bet online as reported by Gambling911The IGREA establishes a federal regulatory and enforcement framework to license companies allowing them to accept bets and wagers online from individuals in the U.S.
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Gambling News Germany to Liberalise Sportsbetting MarketRead Full ArticleGaming Intelligence Group 20 April 2007 The budget and financial speakers of the Christian Democratic Union and the Christian Social Union agreed this week at a meeting in Stuttgart to propose abolishing the state monopoly on sports betting, and to allow the lottery market to continue unchanged under the terms of the 2004 State Treaty. The terms of a liberalised sports betting market are to be drawn up in a separate State Treaty.
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Gambling News Chinese Political Prisoner Sues Yahoo! For Providing InfoRead Full ArticleTimes Online - Rhys Blakely A Chinese political prisoner sued Yahoo! in a US federal court, accusing the internet company of helping the Chinese government torture him by providing information that led to his arrest. The suit, filed under the Alien Tort Claims Act and the Torture Victims Protection Act, is believed to be the first of its kind made against an American internet company.
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Gambling News Congressman Frank Feels Support Against Online Gambling Ban GrowingRead Full ArticleLas Vegas Review-Journal By TONY BATT Apr. 19, 2007 WASHINGTON — Although there may not be much support in Congress for Internet gambling, Rep. Barney Frank says resistance is growing against a ban passed late last year. “I think a lot of members of Congress voted for that (ban) without having given it a lot of attention,” Frank said Wednesday. “And I think that there is growing opposition to it,” he said.
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Gambling News South Africa Works To Control Online Gambling By LegalizationRead Full ArticleAn article in The Herald (www.theherald.co.za) discussed the legalization of online gambling in South Africa. According to the article, the attitude of the South African government is ‘if you can’t beat them join them… or at least regulate them’ . ‘Them’ in this case is the online gambling industry. After watching the U.S.
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Gambling News YouTeller Launch Postponed After Legal Problems With NetellerRead Full ArticleNewswireToday London, United Kingdom, 04/19/2007 London-based technology company not interested in NETeller takeover. After facing legal problems with NETeller Plc. Seed Capital Ltd. decided to delay the launch of their new payment processor YouTeller.com. “It is in everyone’s interest that YouTeller will not be confused with NETeller,” said Seed Capital spokesman Florian Schweitzer.
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Gambling News Neteller Co-Founders Date With DOJ Recheduled For May 16, 2007Read Full ArticleJohn Lefebvre and Stephen Lawrence, co-founders of Neteller and reluctant guests of the state of New York for the last 3 months have agreed to yet another continuance with the US DOJ. Judge Moss granted the continuance in the interests of Justice and the case has been rescheduled for May 16, 2007. Lefebvre and Lawrence were arrested on January 15, 2007 Founders Of Neteller Arrested On Both Coasts Of U.S.
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Gambling News Online Gambling Ban Criminalizes America's Favorite PastimeRead Full ArticleBloomberg By Ann Woolner April 13 (Bloomberg) — As friends whom I shall not name gathered Saturday night at an undisclosed location, I looked around the table and realized it was surrounded by criminals. The evidence was everywhere. The cards, the poker chips, the bowl of money that served as the bank showed these solid citizens to be lawbreakers.
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Gambling News Internet Gambling Campaign Launched To Repeal UIGEARead Full ArticleCasino Gambling Web has started a campaign labeled ‘Outcry’ which includes phone calls, letters and emails to members of congress denouncing UIGEA and asking for repeal of the unpopular legislation. According to their website “Congressman Barney Frank has said he will strongly support a repeal of what he calls ‘the stupidest law’ in the history of the United States if the public outcry for a repeal is loud enough.
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Gambling News Congressman Frank Will Introduce Bill In Next 2 Weeks To Repeal Internet Gambling BanRead Full ArticleREUTERS Thu Apr 12, 2007 11:34AM EDT By Huw Jones BRUSSELS (Reuters) – A bill to end a ban imposed last year on online gambling in the United States will be presented within two weeks but will likely need time to garner support, U.S. Rep. Barney Frank said on Thursday. Internet gambling in the United States was effectively banned last October when President George W.