Gambling News
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BANKS BREATHE SIGH OF RELIEF - ONLINE GAMBLING BAN POSSIBLY NOT AS BURDENSOME AS FEARED ON FINANCIAL INSTITUTIONS
CHRON.COM Oct. 2, 2006, 1:33PM Banks See Protections in Gambling Bill By GREG EDWARDS Dow Jones Newswires © 2006 The Associated Press ST. LOUIS â The Internet gambling legislation passed late last week by the U.S. Congress, which led to a major sell-off of Britain-based online gambling stocks Monday, remains a concern to the U.S. -
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BUSH EXPECTED TO SIGN SAFE PORT ACT WITH BAN ON ONLINE GAMBLING RIDER THIS WEEK
Yahoo News Mon Oct 2, 10:21 AM ET WASHINGTON (AFP) â US President George W. Bush this week is expected to sign a bill making it harder to place bets on the Internet, a practice which already is illegal in the United States. Bush was expected to act quickly after Congress approved the Unlawful Internet Gambling Enforcement Act making it illegal for financial institutions and credit card companies to process payments to settle Internet bets.
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OPTIMAL GROUP STATES US LAW AS RELATES TO FIREPAY WILL HAVE SIGNIFICANT IMPACT
CNW GROUP Optimal Group Makes Announcement Regarding U.S. Legislative Impact upon its FireOne Group plc Subsidiary MONTREAL, October 2 /CNW/ â Optimal Group Inc. (NASDAQ:OPMR) today made the following announcement regarding the adoption by the United States Congress of the Unlawful Internet Gambling Enforcement Act of 2006. On September 30, 2006, the United States Congress passed the Unlawful Internet Gambling Enforcement Act of 2006.
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GAMBLING SHARES SLUMP, GAMING COMPANIES TO FOLD US OPERATIONS
DOW JONES / MARKET WATCH Gambling shares slump after U.S. act approved PartyGaming, 888 Holdings prepare to fold U.S. operations By Simon Kennedy, MarketWatch Last Update: 6:58 AM ET Oct 2, 2006 LONDON (MarketWatch) â Shares in U.K.-listed online gambling companies including PartyGaming and 888 Holdings plummeted Monday after the U.S. Congress unexpectedly passed an act that could cripple the industry by cutting off its revenue flows.
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CRYPTOLOGIC WILL NOT TAKE WAGERS FROM US BASED PLAYERS
U.S. Internet Gaming Legislation Validates CryptoLogicâs Global Strategy Licensees will no longer take U.S. bets; after five years of planning, software provider well-positioned with revenue and customers based in worldâs most attractive e-gaming marketsTORONTO, ONTARIO â (MARKET WIRE) â October 02, 2006 â ALL FIGURES IN $USCryptoLogic Inc.
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PartyGaming To Suspend All US Money Accounts
PartyGaming Press Release 2 October 2006 PartyGaming Plc United States legislation On 30 September 2006, the United States Congress passed The Safe Port Act. That measure also contained certain provisions known as the âUnlawful Internet Gambling Enforcement Act of 2006â that will affect the processing of payments between US customers and online gaming companies, including PartyGaming, that are publicly traded and licensed and regulated in respected jurisdictions.
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NETELLER CONTINUES TO OPERATE ITS BUSINESS AS USUAL
NETELLER MEMBER UPDATE US Member Update: 1st October 2006 On Friday 29 September 2006, the US Congress passed legislation which includes certain provisions to prohibit unlawful internet gambling through the restriction of payments to such sites.
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US Congress approves Internet gambling ban bill
REUTERS Updates with final approval of House) By Peter Kaplan WASHINGTON, Sept 30 (Reuters) â Most forms of Internet gambling would be banned under a bill that received final U.S. congressional approval early Saturday. The House of Representatives and Senate approved the measure and sent it to President George W.
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Poker Players Alliance: Congress Ignores Public Sentiment, Approves Internet Poker Prohibition
Saturday September 30, 2:52 pm ETWASHINGTON, Sept. 30 /PRNewswire/ â In a Congressional back room deal, opponents of Internet gambling have added language to port security legislation that would prohibit online wagering. The port security bill with the Internet gambling prohibition language included was approved by the U.S. House and Senate late on Friday evening and will be sent to the President to be signed into law.âThis last minute deal reeks of political gamesmanship.
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Congress welcomes back Prohibition - Internet Gambling Bill Passes
EYE ON GAMBLING â EOG written September 30, 2006 Many local bookmakers such as âBenny the Bulletâ were seen partying and rejoicing in Central Park, New York late last night and into the early morning hours today.
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William Hill Stops All Bets From US Customers
IRISH EXAMINER (www.irishexaminer.com) 27/09/2006 â 3:10:39 PM British bookmaker William Hill said today it had stopped taking casino and poker bets from US customers amid confusion over internet gambling laws there. Online sports betting contravenes the 1961 Wire Act in America, which bans the placing of bets on sporting events via the telephone line in the states.
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MORE WARRANTS FOR ONLINE GAMBLING'S SPORTINGBET STAFF
SCOTSMAN.COM LONDON (Reuters) â Louisiana is determined to stop Internet gambling companies from taking bets in the southern U.S. state and has issued four arrest warrants for staff at Sportingbet , a police officer told the Financial Times. Captain Joe Lentini, head of the casino section of Louisianaâs Police Gaming Enforcement division, said in an interview published on Wednesday the warrants included one for Peter Dicks, former chairman of the UK-listed company.
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INVESTORS LOSE BILLIONS ON ONLINE GAMBLING
FINANCIAL NEWS Tara Loader Wilkinson 25 Sep 2006 Regulatory crackdown and arrests in the US have hit pipeline of gaming flotations Investors in online poker should know they can lose their shirts on one bad hand. But they might not have expected such a sustained run of bad cards that has seen the value of online gaming companies collapse by 51% from this yearâs highs.
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German crackdown raises the stakes for internet gambling
THE BUSINESS By Eric Culp In Frankfurt And Pierre Tran In Paris 24 September 2006 German crackdown raises the stakes for internet gambling BRITISH executives of online gambling companies could be arrested on criminal charges in Germany if they set foot in the country.
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A DEEPER LOOK INTO ONLINE GAMBLING BILL PASSED IN WASHINGTON STATE
An article from the blog MakeYouGoHmm.com May 27, 2006 On June 7 online gambling becomes felony in Washington state gaming, politics â by TDavid @ 9:30 pm The hypocritical stench surrounding the online gambling law forthcoming in Washington state includes campaign donations from none other than Indian casinos for State Senator Margarita Prentice (pictured below, Sen. Prentice homepage). Her term ends January 2009.
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US lawmakers seek online gambling bill compromise
REUTERS By Peter Kaplan WASHINGTON, Sept 21 (Reuters) â Congressional leaders are trying to forge a compromise that would allow them to push through legislation banning most forms of Internet gambling, aides said on Thursday. Top House and Senate lawmakers have been trying to break a logjam that has stalled the Internet gambling legislation by attaching it to any one of a number of must-pass spending bills before the end of the year, aides said.
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RIVERBELLE ONLINE CASINO RATED #1
River Belle Online Casino Wins First Place in Best Online Casino for Progressive Slots GIBRALTER, September 18, 2006 â Itâs not easy to win the coveted and highly respected awards handed out to online gaming sites in the annual âStrictly Slotsâ magazine readerâs poll, but River Belle Online Casino (http://www.riverbelle.com) has managed to do it four times this year.
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Playtech Licenses Advanced Multimedia Technology
Monday September 18, 3:14 am ET NICOSIA, Cyprus, September 18 /PRNewswire-FirstCall/ â Playtech (Cyprus) Ltd., the international designer, developer and licensor of software for the gambling industry, a subsidiary company of Playtech Ltd (LSE: PTEC â News), listed on AIM, announced today the signing of a license agreement with 1st Technology LLC. The license agreement is in relation to 1st Technologyâs core multimedia patents applied to advanced online gaming products.
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PUBLIC VS PRIVATE IN ONLINE GAMBLING CLASH
INTâL HERALD TRIBUNE By Eric Pfanner International Herald Tribune Published: September 18, 2006 LONDON The detention of the heads of an Austrian online gambling company by French authorities has raised the stakes in a Europe-wide battle between lucrative state-sponsored betting monopolies and their upstart rivals on the Internet, raising eyebrows at the European Commission in Brussels.
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FRIST TARGETS INTERNET GAMBLING
ABC NEWS/POLITICS September 17th, 2006 Senate Majority Leader Frist Seeks to Add Internet Gambling Ban to Defense Bill, Sources Say By NANCY ZUCKERBROD WASHINGTON Sep 13, 2006 (AP)â Senate Majority Leader Bill Frist is trying use a bill authorizing U.S.
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FRIST GOES ALL IN REGARDING ONLINE GAMBLING BAN
THE WASHINGTON TIMES FRIST SHOWS HIS HAND TODAYâS EDITORIAL September 16, 2006 Senate Majority Leader Bill Frist is trying to force through a restriction on Internet gambling by incorporating it into the FY 2007 defense appropriations bill, according to reports. By attaching a measure intended to ban Internet gambling to a necessary armed services appropriations bill, Mr.
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French State Lottery Going After Gambling Execs
TIMESONLINE (timesonline.co.uk)From Adam Sage in Paris THE French national lottery warned online gaming executives yesterday that they could be arrested if they set foot in France, after the joint chief executives of BWin, of Austria, were detained by French police. The arrest of Manfred Bodner and Norbert Teufelberger as they prepared for a press conference at Monaco football club, which is sponsored by BWin, sent a fresh shudder through the online gaming industry.
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GAMING BOSS QUITS BEFORE COURT APPEARANCE
GUARDIAN UNLIMITED Andrew Clark in New York Friday September 15, 2006 The Guardian The chairman of the gaming firm Sportingbet has severed ties with the company in order to pursue his fight against criminal charges of encouraging illegal online betting in America. Peter Dicks informed Sportingbet of his resignation just minutes before a court appearance in New York yesterday at which a judge gave him permission to return temporarily to Britain.
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STRAIGHTS HAVE NO RANKING IN NEW ONLINE POKER ROOM FOR GAY, LESBIAN, BISEXUAL AND TRANSGENDERED PLAYERS
First Ever Online Poker Room for GLBT â Gay, Lesbian, Bisexual and Transgendered Community Opens New Poker Game Launched For GLBT â No Straights ComeOutPoker.com, the worldâs first online poker site catering exclusively to the Gay Lesbian Bisexual Transgender (GLBT) community, launched its real online poker room today.
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Justice Department defends using 'dated' laws in gambling arrests
THE REGISTER www.theregister.co.uk High Wire Act By OUT-LAW.com Published Thursday 14th September 2006 19:04 GMT The US Department of Justice has admitted that the 1961 Wire Act which it uses to prosecute executives of online gambling companies is âdatedâ.
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Sportingbet Chairman's Arrest Stuns UK Online Gaming Industry
Linux Insider Scotland on Sunday 09/11/06 9:22 AM PT âThe New York State Supreme Court released Sportingbet Chairman Peter Dicks on $50,000 Friday. He is required to turn over his passport and stay in New York City under terms of the release. Shares in Sportingbet fell 38.5 percent in London on Monday, having dropped as much as 43 percent in early tradingâŠ.â âNew York police pulled him in as he disembarked at John F. Kennedy Airport.
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iGaming Business Discusses Sportingbet with US Lawyer
iGAMING BUSINESS12-09-06 iGaming Business has spoken with US lawyer David Schollenberger about the recent arrest of Peter Dicks and the wider implications that the detention will have for online gaming in the United States.
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US needs to declare its hand on online gambling
The Sunday Times John Waples TIMESONLINE September 10, 2006 PETER DICKS, chairman of the online gaming group Sportingbet, had to raise $50,000 on Friday for his bail. He was also forced to surrender his passport. But a lot more rides on the outcome of his Supreme Court hearing this Thursday. That is when Dicks will be told whether he will be extradited to Louisiana to face a charge of soliciting a local citizen to make a sports bet online.
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Peter Dicks Flushed By Louisiana Gambling by Computer Law
BAYOUBUZZ.COM New Orleans, La.âYou can bet that Peter Dicks is flushed as he fights to stay away from extradition to a Louisiana Court. The Louisiana anti-Internet Gambling law was designed to do exactly what it the state is doingâkeep Internet gaming away from Louisiana.
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GAMBLING EXECS NOT SAFE IN US
24.COM | FIN24.COM Gaming chiefs not safe in US 10/09/2006 13:49 St Louis â Gambling industry experts agree: If you operate an offshore gaming website, stay out of the US. Moments after stepping foot on American soil on Thursday, Sportingbet plc Chairperson Peter Dicks became the second British offshore sports betting executive arrested in recent months for illegal online gambling in the US.
