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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LA Times Urges US To Repeal Online Gambling Ban
Los Angeles Times Sunday, April 8, 2007 ANTIGUA AND BARBUDA, former British colonies on the eastern edge of the Caribbean Sea, are smaller than Los Angeles and less populous than Burbank. Yet they may be able to force the world’s most powerful government to change its gambling laws. Not since 1960 has it been legal under federal law to place or take bets on sports using interstate or international phone lines. -
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EC Requests Member States To Amend Gambling Laws
CZECH BUSINESS By: Judit Zegnál, 02. 04.
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Gambling Lobbies Spend Millions Annually
USA TODAY By Diana Marrero, Gannett News Service WASHINGTON — Casinos, Indian tribes and other groups spent millions lobbying Congress last year as lawmakers considered bills to ban wagering online and off Indian reservations… The $25 million the gaming industry spent on lobbying in 2006 was a slight increase over the previous year’s total, but down from the $28.
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WTO Official Ruling: US Internet Gambling Ban Illegal
BloombergBy Warren Giles March 30 (Bloomberg) — The U.S. ban on offshore Internet gambling payments is illegal, the World Trade Organization said today, upholding a previous decision that allowed for possible sanctions… Antigua and Barbuda, a Caribbean nation of 80,000 people, has challenged Bush administration efforts to close the estimated $12 billion global business to U.S. residents, who account for half of the market. The U.S.
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Online Gambling Prohibition Results in Offshore Gambling Boom
Information Week By Alice LaPlante March 29, 2007 04:00 AM Far from slowing its growth, a government crackdown on online gambling has sent many sites offshore, and many others underground. But it’s a good bet that Internet poker will remain a booming industry. “…But not everyone was so easily spooked. A large numbers of online gambling companies chose to keep their casinos open. Although now operating illegally according to U.S.
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Walmart Provides Poker Players An Alternative To Unsafe Payment Processors
The Register Thursday 29th March 2007 House of Cards The online payment processing industry took it in the chops again this week, as the Electronic Clearinghouse, Inc (ECHO) settled with the US government over allegations that it profited from online gaming transactions by supplying Neteller with payment processing services prior to the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) last October.
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UK House of Lords Deals Joker To Online Gaming Plans
Telegraph By Harry Wallop Last Updated: 1:22am BST 30/03/2007 The casino industry never had a particularly high opinion of the Government but, after the events of the past 10 days, Labour ministers are being viewed with as much relish as a card-counter at a blackjack table. “The UK is the laughing stock of the world, it really is,” said one senior casino executive.
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Deal With DOJ Means No Charges Against ECH Payment Processor
REUTERS March 28, 2007 U.S. prosecutors said on Wednesday they had reached an agreement to not file charges against payment processor Electronic Clearing House Inc. (ECHO.O: Quote, Profile , Research), saying the company is cooperating with the government’s probe into Internet gambling. The company was involved in the transfer of money on behalf of online payment services known as “e-wallets,” which mostly handled illegal transactions with online gambling Web sites, the U.S.
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Online Gambling Shoots Down ECHO / Intuit Deal
DIGITAL TRANSACTIONS (March 27, 2007) Merchant processor Electronic Clearing House Inc. and accounting-software giant Intuit Inc. on Tuesday announced that their planned $142 million merger is off. ECHO chairman and chief executive Joel M.
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Sportingbet to Move Online Gambling Operation to Channel Islands
Ledger-Enquirer Wed, Mar. 28, 2007 Associated Press LONDON – Online gambling company Sportingbet PLC, forced to quit the U.S. after lawmakers effectively made the business illegal, said Wednesday it will transfer the group’s operations to the Channel Islands. The company said it is making the move offshore because there remains uncertainty surrounding the precise operational requirements of the 2005 U.K. Gambling Act.
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Neteller Halts Service to Canadian and Turkish Online Gambling Market
GamingIntelligenceGroup March 26, 2007 NETeller Plc, the British online money transfer business, today announced that it was withdrawing its payment services to online gaming sites for Canadian and Turkish customers. The move is in response to recent regulatory developments surrounding online gaming in Canada and Turkey, which have significantly increased the risk to the Groups ongoing business in those markets.
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EU Tells Germany To Rethink Plans To Ban Online Gambling
REUTERS Fri Mar 23, 2007 12:54 PM BST20 By Huw Jones BRUSSELS, March 23 (Reuters) – German regions have been told by the European Commission to rethink plans to ban online gambling or face possible legal action, an official at the EU’s executive arm said on Friday. It is the latest clash between Brussels and European Union countries over the betting industry, which is restricted to state-owned monopolies in some EU member countries.
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15% RTG Tax Hurts UK Aspiration To Lead In Online Gambling
eGamingReview reported the Remote Gaming Association (RGA) has expressed disappointment at the 15% rate which the UK chancellor Gordon Brown has set for the new remote gaming tax. The remote gaming tax rate has been set at the same rate as gross profits tax payable by UK-based bookmakers. John Coates, RGA chairman, said the 15% rate means the UK government has “effectively turned its back on the industry”.
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Neteller Funds Seized By DOJ May Be Released Within Next 75 Days
REUTERS UK Wed Mar 21, 2007 9:40 AM BST137 LONDON, March 21 (Reuters) – British payment processor NETeller (NLR.L: Quote, Profile , Research) said on Wednesday it expected to announce a plan to distribute funds seized by U.S. prosecutors to its U.S. customers within the next 75 days. NETeller quit the United States in January, abandoning 65 percent of its business, after authorities there arrested its two founders in a crackdown on online gaming. A month later, NETeller said U.S.
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Frank Promises Details On Repeal Of Online Gambling Ban
REUTERS WASHINGTON (Reuters) – Rep. Barney Frank said on Thursday he will give details in the coming weeks on possible legislation to repeal a ban imposed last year on online gambling. In an interview, the chairman of the House of Representatives Financial Services Committee said he is in no hurry and plans to consult with others on the matter. “I’m not ready to give you more details, but I will be by next week or so. We’ll talk more about it later.
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Barney Frank Works On Legislation To Repeal Unlawful Internet Gambling Enforcement Act
eGaming Review The office of US Congressman Barney Frank, who is chairman of the House financial services committee, has confirmed that he is currently working on legislation to repeal the Unlawful Internet Gambling Enforcement Act. The news item appeared this afternoon on the Financial Times website and has been confirmed to eGaming Review by Frank’s press department.
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Speculation On Dropped Charges For Neteller Founders Fuels Online Gaming Stock Rise
UK online gambling stock rose earlier this month amid speculation that US Congressman Barney Frank was going to introduce legislation calling for a review of UIGEA.
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Online Gambling Sites Work Around UIGEA
San Francisco Chronicle Tom Somach, Special to The Chronicle Monday, March 12, 2007 Thinking of going online and wagering on a few games in the upcoming NCAA basketball tournament? Uncle Sam doesn’t want you to, but he’s having trouble stopping anyone. The government’s latest effort to get Americans to stop gambling via the Internet has been largely ineffective, according to the online gambling industry.
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China Adds Online Gaming To National Security Risk List
THE REGISTER By Burke Hansen in San Francisco → More by this author Monday 12th March 2007 House of Cards-Although the Chinese government recently announced a purifying moratorium on internet cafes – the same week the Communist Youth League penned a contract with leading gaming developer Playtech to provide software for large scale internet-based gambling tournaments – the cadres in Beijing know that internet cafes are only an embodiment of something much larger and more threat...
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Man Gets Probation For Running Sports Gambling Operation
Fon du Lac Reporter By Amie Jo Schaenzer A Ripon business owner who told a judge he didn’t make any money off a sports gambling operation he ran has been placed on probation for one year and ordered to perform 100 hours of community service. During a plea and sentencing hearing Friday for Dan D.
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Canada Warns Alberta Cree Band To Halt Online Gambling Plans
Canada.com Tuesday, March 06, 2007 EDMONTON (CP) – Alberta’s top cop is warning a Cree band to halt plans to set up an Internet gambling haven on their reserve near Edmonton. Solicitor General Fred Lindsay also says he’s become aware that the Mohawks, who run illegal gambling operations in Quebec, have been advising the Alexander First Nation.
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China Vows To Crush Online Gambling For Harmony's Sake
THE REGISTER Anti-obsession controls already in place By Burke Hansen in San Francisco Wednesday 28th February 2007 Due to its proximity to mainland China, gambling development in Macau has exploded – recently even surpassing Las Vegas’ legendary Strip in revenue terms – and international players, such as Ladbrokes, have been positioning themselves to expand into the mainland itself when the time is right. It could be a long wait.
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Former 888 CEO To Show At Interview With French Authorities
eGaming Review eGaming Review has learned that John Anderson will attend the interview with the French authorities on March 13. 888 said in a statement this morning that its non-executive director and former chief executive had been asked to attend the interview with the French gaming authorities. The company added that the French market represented “an immaterial percentage of its business” and that it would continue to consult its legal advisers in relation to this matter.
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Double Standards of US Politicians In Action
There’s been a lot of talk recently through radio, articles and blogs regarding the double standard being used by the United States, most apparent lately in the area of gambling. As online gambling enthusiasts, we’ve seen US politicians assume the role of parent and pass judgment and legislation against the sins of online gambling and punished us by restricting the use of our own money in our own homes.
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APCW Has A Way to Heal All Ills For VA With Online Gambling
On February 16, 2007 the APCW announced a working partnership with the Veterans of Foreign Wars Webcom Network for the purposes of identifying and exploring the possibilities of using the charitable online gaming model as a means to bring online gaming back to America while at the same time creating a dedicated revenue stream for the Veterans Administration.
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Fact or Fiction - Is Congressman Barney Frank Going To Challenge UIGEA?
You know how rumors operate. Someone says something which is repeated by someone else and passed to another who in turn tells someone else.
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Poker Players Alliance Works To Change Unfair Gaming Laws
Lincoln News Messenger (www.lincolnnewsmessenger.com) By: William W. Grey, Fresno Wednesday, February 21, 2007 5:41 PM PST During the midnight hours as the Senate was preparing to adjourn for the elections, the Port Security Act was passed. Senator Bill Frist attached the Unlawful Internet Gambling enforcement Act (UIGEA) to Port Security Act.
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INTERNET WAGERING MAY BE KEY TO SPORTS GAMBLING'S FUTURE
EDMONTON JOURNAL Curtis Stock, Journal Sports Writer Published: Wednesday, February 21, 2007 EDMONTON — When it comes to betting on sports, it seems the gambling industry has left no stone unturned. There are government-sanctioned Sport Select kiosks in virtually every corner store, casinos in every corner of the city and chances to bet on just about any horse race in the world at Edmonton Northlands.
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Online Gambling Service Now Offered At Flybe
MARKETING WEEK 15-Feb-07 Flybe, the low cost airline, is providing its customers with a new on-line gambling service as part of its strategy to boost its ancillary services. The service will allow visitors to the Flybe website to play games such a roulette and poker through the site. The service, which is a partnership with Finnish gaming operator PAF Group, launches this week. As part of the deal, PAF will provide the gaming licence and access to the online games.
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VFW WebCOM And APCW Plan For US Vets Future
The Association of Players, Casinos and Webmasters (APCW) has been seeking viable ways to bring online gaming back to America in a legal and regulated format for the past several months.
