Gambling News
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Can Antigua Survive US Attacks On Online Gambling and Offshore Finance
Ronald Maginley, columnist for the Antigua Sun, and spokesman for Antigua Offshore Gaming Association talked about Antigua, Barbuda and the WTO in his column today (the first of two installments) detailing the current battle being fought by Antigua against the US. Most of the information is common knowledge, having been headlined throughout Antigua’s long 4 year battle against the US. -
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Carve Outs In UIGEA Means Racetracks Can Offer Online Gambling To Non-US Citizens
Bob Evans, CEO of Churchill Downs, told a group at their business luncheon that Churchill Downs and the Kentucky Derby could be the ‘new online casinos in the future catering to non-US citizens’.Mr. Evans said his company is allowed to have an online presence because of the exemption for Internet horse wagering put in the UIGEA. He emphasized his company would be allowed to offer casino and gambling games outside of horse racing if they offered them to non-US citizens.
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Frist and Leach On 'World Bank President' List
Paul Wolfowitz, President of World Bank, announced he would resign his position by the end of June, leaving under a dark cloud that stemmed from a controversy regarding a $50,000 pay raise with a guarantee of further raises and promotions that he engineered for Shaha Ali Riza. Ms. Riza is also employed at World Bank and is and has been Wolfowitz’s girlfriend since before his assignment as President.Wolfowitz was appointed President of World Bank by President George W. Bush.
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Online Gambling, David Carruthers and UIGEA - Dominique Speaks Out
During a discussion on the aggressive stance David Carruthers and his legal team has undertaken in response to his arrest in connection with online gambling site BetOnSports, Games and Casino’s own Dominique expressed her views on actions, catalysts and free speech. “We sorely need injured parties like the UK to speak up. David C. has the right idea, he appeals to the various affected British channels. The EU also has a bone to pick with the US regarding this.
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Over $78 Million Neteller, Citadel and FirePay Funds Siezed By DOJ
By now most people with an interest in online gambling know about the arrest of the Neteller founders and the confiscation by the US DOJ of over $55 million of customer funds said to be in transfer through US financial institutions at the time of the arrests.
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David Carruthers, Ex CEO of BoS Prepares For Battle
There’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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David Carruthers, BoS Ex-Boss, Asks UK For Help
Just 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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New Google Program Compiles Psych Profile of Online Players
Google 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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Bwin Betting On Czech Gamling Increasing
Czech 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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Former Senator Calls For Regulation Of Online Poker
Poker 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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Petition To Repeal UIGEA Has A New Goal
CasinoGamblingWeb announced recently they have a new goal.
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DOJ Indicts 4 Companies, 7 People in Latest Online Gambling Crunch
The 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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Chinese Govt Raids Online Casino, $519 Million In Bets Confiscated
Shanghai 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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E-Gold Founders Indicted for Abetting Fraud and Child Pornography
Co 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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UK Companies Plan Grass Roots Campaign In US for Internet Gambling
UC 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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Politicians Silent On US Refusal To Comply With WTO Online Gambling Ruling
On 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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Antigua Feels 'Deep Disappointment' Over US Actions To Nullify WTO Ruling
Antigua 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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Rep. Berkley Introduces Bill Into Congress Calling For One Year Study Of Online Gambling
More 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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New Mexico Governor Favors Repeal of UIGEA
While 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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Internet Gambling Giant 888's Hard Work Reflects Increased Profits
FinanceWeek 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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US Sports Leauges Say No To Govt Involvement in Pro Sports but Yes To Govt Ban On Personal Rights
The 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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The Word According To Senator Kyl - UIGEA
Senator 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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UK Online Casino Operators Not Involved In US Gambling Legislation
eGaming 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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The US Could Lose To the WTO and Antigua In It's Stand Against Online Gambling
Financial 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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40 Million Users Gambling Online and Could Quadruple By 2020
Silicon 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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Representative Barney Frank Introduces The IGREA
April 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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Germany to Liberalise Sportsbetting Market
Gaming 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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Chinese Political Prisoner Sues Yahoo! For Providing Info
Times 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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Congressman Frank Feels Support Against Online Gambling Ban Growing
Las 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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South Africa Works To Control Online Gambling By Legalization
An 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.
