Gambling News
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Tiny Antigua Grabs The US By Its Illegal, Online Dice
THE REGISTER By Burke Hansen in San Francisco Tuesday 21st November 2006 Has the time actually come for Congress to read its own legislation? In the wee hours before Congressmen could head off for their election year recess, they managed to churn out a mound of unread anti-gambling legislation. In their haste to vacate, the lawmakers added fuel to a smoldering trade dispute between the tiny island paradise of Antigua and the superpower to the north. -
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ANTIGUA AMBASSADOR THINKS NEW US CONGRESS MAY PROVIDE HOPE FOR ONLINE GAMING
THE ANTIGUA SUN Monday November 20 2006 As speculation about how the upcoming change in the make-up of the US Congress and House of Representatives may impact on Antigua & Barbudaâs economic interests, at least one senior diplomat is holding out hope that some changes might come about on key issues.
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EXPERTS WARN IT MAY BE YEARS BEFORE CONGRESS ADDRESSES ONLINE GAMBLING REGULATION
LAS VEGAS SUN By Liz Benston November 19, 2006 While the gaming industry is heralding the appointment of casino-friendly Democrats to key positions of power in Washington, experts warn that it could take many years before Congress will be willing to consider regulating online gambling. âIf it comes up again, theyâre going to say, âWeâve already dealt with that issue,â â said David Stewart, a Washington attorney who advises the American Gaming Association.
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GAMBLERS STILL HOLD A GRUDGE AGAINST ONLINE GAMBLING BAN
LAS VEGAS SUN By Liz Benston November 19, 2006 Passing bills in the dead of night without a lick of debate was business as usual in President Bushâs Republican-controlled Congress.
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PARTYGAMING'S DIXIT PLUMMETS DOWN FORBES LIST OF RICHEST INDIANS
MONEYCONTROL (www.moneycontrol.com) 2006-11-18 11:29 The Forbes list of richest Indians is out and Indiaâs top 10 have seen their net worth skyrocket almost 60 % in a year reports CNBC-TV18. The top 10 Indian billionaires have added USD 64 billion to their net worth in a year. Lakshmi Mittal, who is also the worldâs third richest man, has been crowned the richest Indian once again this year.
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CASINO EXECUTIVES SPEAK OUT ON INTERNET GAMBLING BAN
YAHOO NEWS By RYAN NAKASHIMA, Associated Press Writer Thu Nov 16, 12:37 AM ET LAS VEGAS â Casino executives and a poker lobby group said that they hope a change in power brought by the midterm elections will help them overturn an Internet gambling ban rushed through Congress while Republicans were still in control. MGM Mirage Inc. chief executive Terry Lanni said Wednesday that the measure is âridiculousâ because it was signed into law Oct.
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30 CHARGED IN NEW YORK WITH OPERATING AN ILLEGAL ONLINE GAMBLING OPERATION / ONLINE BOOKMAKING
PC WORLD Grant Gross, IDG News Service 16/11/2006 06:48:17 Twenty-seven people and three corporations face charges related to operating an illegal online gambling operation in indictments announced Wednesday by the Queens District Attorneyâs Office and the New York City Police Department. The defendants operated a âhighly sophisticatedâ gambling operation that booked more than US$3.3 billion in wagers over 28 months, the law enforcement authorities said.
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GAMBLING SITE WEB REQUESTS UP IN SPITE OF US LEGISLATOIN
BUSINESS WIRE LONDON & SAN MATEO, Calif.â(BUSINESS WIRE)âScanSafe, the leading global provider of Web Security-as-a-Service, today released its latest Global Threat Report on Web and instant messaging (IM), spyware and Web viruses.
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TECH ADVANCES AND INTERNATIONAL EXPANSION HERALDED AT G2E
November 16, 2006 08:49 AM Eastern Time BUSINESS WIREPanelists Reaffirm Their Commitment to Responsible GamingGlobal Gaming Expo 2006 LAS VEGASâ(BUSINESS WIRE)âTechnological advancements and the international expansion of gaming dominated the discussion at Wednesdayâs G2E keynote panel as international industry leaders gave their insights on what will define the next generation of global gaming. Moderated by American Gaming Association (AGA) President and CEO Frank J.
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POWER PLAY: PLAYTECH TO PURCHASE RIVAL FIRM TRIBECA
REUTERS UK Mon Nov 13, 2006 9:58 AM GMT31 By Pete Harrison LONDON (Reuters) â Gambling software maker Playtech (PTEC.L: Quote, Profile, Research) agreed to buy rival Tribeca for $75 million (39 million pounds) on Monday to create a company twice the size of its nearest competitor.
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BETONSPORTS BANNED PERMANENTLY FROM THE U.S.
CNN MONEY BetOnSports ban separate from tax suit against company executives. November 10 2006: 4:29 PM EST ST. LOUIS (Reuters) â BETonSPORTS Plc and government prosecutors agreed Thursday on a court order permanently restraining the indicted online gaming company from taking bets in the United States, according to a release from a U.S. Attorney Catherine L.
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UK EMBRACES ONLINE GAMBLING WHILE US ISOLATES
POKER NEWS November 09, 2006 Haley Hintze In an article written by Haley Hintze at POKER NEWS, comparisons were made between the governments of Great Britain and the United StatesâŠ. âA virtual line in the sand drawn by United Kingdom officials responsible for the oversight of Britainâs legalized online gaming industry is likely to further isolate the United States in its efforts to legislate online gaming out of existence. As reported in The Register, the U.K.
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REPORT ON EU GAMBLING STUDY: THE CASE FOR CHANGE!
EU BUSINESS The European Betting Association and the Remote Gambling Association welcome the final publication by the European Commission on 12th October 2006 of the Study of Gambling Services in the Internal Market of the European Union commissioned in November 2004 to the Swiss Institute of Comparative Law. This Study sheds significant light on the gambling market of the EU.
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GAMBLING INDUSTRY RESHUFFLES ITS CARDS
iGAMING BUSINESS08-11-06 London, UK (Press Release) 7 November 2006 â Gaming companies have switched their focus from the huge US market to concentrate more on Europe and Asia; speculation is mounting regarding mergers between 888 and PartyGaming and /or Ladbrokes; London casinos are becoming important strategic asset for foreign gaming companies; new legislation in Britain next year will clear the way for super casinos and an influx of online gaming businesses and Ryan air have reportedl...
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BETonSPORTS AND U.S. MAKE DEAL
REUTERS UK BETonSPORTS, U.S. reach stop-business agreement Mon Nov 6, 2006 5:10 PM GMT137 ST. LOUIS (Reuters) â BETonSPORTS Plc (BSS.L: Quote, Profile, Research) and government prosecutors have agreed on a court order permanently restraining the indicted online gaming company from taking bets in the United States, lawyers on both sides told a U.S. court in St.
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eCOGRA OFFERS REGULATORY EXPERIENCE TO UK
Monday 6 November 2006 LONDON, November 6 /PRNewswire/ â eCOGRA (eCommerce and Online Gaming Regulation and Assurance) www.ecogra.org, the online gambling industryâs independent player protection and standards authority, has offered to lend its regulatory experience to the UK Department of Culture, Media and Sport. This follows on from its recent summit on internet gambling.
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ONLINE GAMBLING FIRMS SEE NO ADVANTAGES IN OPERATING OUT OF UK
EDITORâS OPThe talk around town, London Town that is, is that the British governmentâs attempts to get online gambling firms to base their operations in and pay tax to the UK is not going to fly . The Observer reported that John Healey, Treasury Minister for the UK was addressing tourism industry leaders last week. During his speech, he said the government is having problems fixing a tax rate to persuade online gambling firms to pay tax in the UK.
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ARIZONA BATTLE FOR CONGRESS HEATS UP
LOS ANGELES TIMES By Molly Hennessy-Fiske and Janet Hook, Times Staff Writers November 3, 2006 BILLINGS, MONT. â Heading into the last days of the fight for control of Congress, both political parties moved Thursday to expand the battlefield, trying to revive campaigns that had been seen as lost causes. President Bush traveled to Montana to campaign for beleaguered GOP Sen.
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MGM AND LADBROKES IN TAKEOVER TALKS WITH INTERNET GAMBLING SITES
THE BUSINESS By : Simon Goodley And Ben Marlow 02/11/2006 Americaâs MGM Mirage and Britainâs Ladbrokes, two of the worldâs largest gambling groups, have started exploratory takeover talks with internet rivals decimated by recent US Congress legislation banning online gambling.
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INTERNET GAMBLING BILL A POSSIBLE PROBLEM FOR GOP ON NOV 7
FOX NEWS Friday, November 03, 2006 NEW YORK â A Republican-sponsored effort to clamp down on Internet gambling may turn out to be a bad bet for the GOP. The Unlawful Internet Gambling Enforcement Act, which President Bush signed into law Oct.
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FRIST ANTE'S WITH ONLINE GAMBLING BAN, TIME FOR U.S. TO CALL - PEACEFUL PROTEST IN WASHINGTON
EDITORâS NOTE November 2, 2006 On Friday the 13th of October 2006, President Bush signed into law the Safe Port Act, a bill to tighten port security and make our country a safer place from terrorists. Attached to this bill was the Unlawful Internet Gambling Enforcement Act (UIEGA).
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WTO LAST CHANCE FOR INTERNET GAMBLING IN US
BLOOMBERG (www.bloomberg.com)By Warren Giles Nov. 2 (Bloomberg) â Antigua, the Caribbean island nation accounting for a quarter of online betting, says its effort to overturn a U.S. ban on Internet gambling through the World Trade Organization is a last chance for the industry. WTO arbitrators first backed Antiguaâs claim that the U.S. illegally discriminated against foreign Internet betting companies two years ago. Last month, President George W.
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ONLINE GAMBLING CONFERENCE HOSTED BY GREAT BRITAIN - USA A 'NO SHOW'
DAILY PRESS By JANE WARDELL â AP Business Writer â October 31, 2006, 8:19 AM EST ROYAL ASCOT, England â Officials from more than 30 countries debated ways to regulate the global Internet gaming industry on Tuesday, just weeks after the United States effectively banned online gambling.
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NETELLER PROVISION OF SERVICES TO US CURRENTLY UNDER REVIEW
HEMSCOT Todney Hobson 31/10/06 13:27 Surprisingly strong quarterly figures from the online money transfer business has helped to assuage fears over the impact of anti-gambling legislation in the US. Surprisingly strong quarterly figures from the online money transfer business has helped to assuage fears over the impact of anti-gambling legislation in the US. NETeller signed up 3,218 customers in the third quarter to take the total to nearly 3.19m.
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BUSH THUMBED NOSE AT WTO COMMITMENTS WITH THE SIGNING OF THE UIGEA
EGAMINGPULSE On 13 October President Bush signed the law that triggered the market value meltdown of several internet gambling operators that derived much of their turnover from US punters (the most prominent being Partygaming, 888 Holdings and Sportingbet).
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NELSON ROSE ON THE NEW ANTI INTERNET GAMING LAW
POKER PLAYER by I. Nelson Rose Senator Bill Frist (R.- TN), doesnât want to be President -he wants to be Dictator. Frist, the majority leader of the U.S. Senate, used his position of power to ram through the Unlawful Internet Gambling Enforcement Act of 2006. He didnât even give the members of Congress a chance to read the bill. They were told about it late Friday night, mere minutes before they recessed to campaign for reelection.
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PARTYGAMING AND 888 MERGER IN THE WORKS
THE TIMES The Times Online (www.timesonline.co.uk) Louise Armitstead and Matthew Goodman TWO of the biggest UK-listed online poker operators, Party Gaming and 888 Holdings, have held preliminary talks about a possible merger to create a ÂŁ1.6 billion company. Both firms have been trying to find a way to cope after sales were hit by the introduction of laws banning online gambling in America.
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Gambling Legislation Poses Low Risk To Online Gamblers
THE OREGONIANSunday, October 29, 2006ALEX PULASKI Peter Dumdeangâs voice rose above the TV patter in a bare-walled East Portland apartment, his insistence interrupting two other men who, like him, appeared hypnotized by their laptops. Things were desperate. Down to his last chips Thursday in an Internet poker tourney, Dumdeang needed one of two cards to survive. âCâmon, eight,â he pleaded.
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UK CULTURE SECRETARY SAYS US GAMBLING LAW FLAWED
BBC NEWS The US crackdown on online gambling is a ânew prohibitionâ, which is likely to fuel a rise in fraud and exploitation, the UK culture secretary has said. Offshore sites could become the âmodern equivalent of speakeasiesâ, illegal bars which opened in 1920s America when alcohol was banned, Tessa Jowell added. New US laws forbid firms from taking internet bets, and ban banks and credit card firms from allowing web payments.
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CONGRESS ACTS TO REMOVE GAMBLING OFFLINE. WHY?
LUDWIG VON MISES INSTITUTEBy Mark ThorntonPosted on 10/26/2006 Congress purported to act to protect the values of the American people when it passed the âUnlawful Internet Gambling Enforcement Act.â The result has been a serious blow to a growing industry. Whose values was Congress protecting? It had nothing to do with the American people at large.
