Nambling Notes - Sept. 10, 2003

10 September 2003

Law Suits -- AVN.com reports that PSW Billing has threatened to sue Visa, Visa International, MasterCard, Inc., and MasterCard International on the grounds that the companies' chargeback policies and retroactive fines against certain adult businesses are deceptive and unfair. One of PSW's chief complaints is that even though the credit card companies admit that about 85 percent of chargebacks are "friendly fraud," they still charge adult businesses $100 chargeback fees retroactively on these transactions…. After having lost an Appeals Court decision to Holland's De Lotto regarding the provision of cross-border gambling services, Ladbrokes expects a parallel "test of merits" case to be decided in November, according to the Racing Post… U.K.-based Wembley plc has been indicted by a U.S. court for allegedly conspiring to pay lawfirm McKinnon & Harwood up to $4.5m over six years to influence public officials. Wembley's CEO, Nigel Potter and Nick Bucci, the head of subsidiary Lincoln Park, have also been indicted and will step down from their positions to concentrate on the court proceedings. Share prices in Wembley dropped today by 14 percent.

Adults Only -- Peak Entertainment 's software has become the first online casino to receive a rating from The Entertainment Software Rating Board (ESRB). ESRB ratings are a standard rating system for console and PC video games. The rating Peak received is "Adults Only," precisely what it wanted.

Do's and Don'ts -- Now that American football season is underway, BetonSports.com has offered a list of do's and don'ts for online bettors. It recommends researching a site before you placing a bet, setting wager limits and sticking to them and asking questions. It also advises against borrowing money to gamble and against gambling as a source of income.

Gridlock -- A recent study by Web performance firm CatchFire Systems indicates that 90 percent of online consumers in the United Kingdom have at least once abandoned online shopping because an e-commerce web application failed. Seventy percent of the transactions were worth £200 or more.

Tele Ban II -- The U.K. Jockey Club in has proposed alterations to its policy that prohibits jockeys from making mobile phone calls in changing rooms. According to the new rules, jockeys may use their own phones without restrictions up to half an hour before racing, but from that time on jockeys must make calls and check messages from a designated phone zone. The jockeys, who were appalled by the restrictions implemented last week, have asked for more time to consider the new policy.