iGaming News Page 685

Millions Spent on US I-Gaming Lobbying Efforts
24 August 2007
A federal law enacted in 1995 requires lobbyists to disclose activities that could influence members of the executive and legislative branches. Accordingly, several groups last week did just that by reporting their spending habits as they relate to I-gaming issues.»
Nambling Notes - 23 August 2007
23 August 2007
24hPoker announces its third deal of the week, Jaxx UK Ltd. partners with Newcastle United and more.»
Neteller Targets Europe, Asia, Social Networks after US Withdrawa
23 August 2007
London-listed payments processor Neteller said today that it would shift its focus to the European and Asian markets and ride the coattails of the social networking phenomenon, after legal issues forced its well-documented withdrawal from the United States.»
Sweden's Liberal People's Party Calls to End Svenska's Monopoly
22 August 2007
In contravention of current state policy, Sweden's Liberal People's Party has called for the sell-off of state-owned operator Svenska Spel.»
Nambling Notes - 22 August 2007
22 August 2007
Britain's Labor Party receives an indirect contribution from an I-gaming operator, 24hPoker and Epicure Venture are set to merge and more.»
PPA Relocates to US Capital, Shuffles Leadership
22 August 2007
The Poker Players Alliance (PPA) is bracing for major changes in personnel and location in the upcoming weeks.»
South African Regulatory Bill Needs a Second Look, Argues CASA
22 August 2007
On the verge of regulating remote gambling, the Casino Association of South Africa (CASA) today urged for further consultation and research of the draft National Gambling Amendment Bill before considering it for passage.»
McCreevy's Leg Pulled by Dutch Minister
22 August 2007
EU Internal Market Commissioner Charlie McCreevy has taken issue with alleged misinformation provided by the Dutch government regarding the scope of its domestic gambling industry, giving the European Courts another platform off of which to launch infringement proceedings.»
Troubles Continue for IGH
21 August 2007
Interactive Gaming Holdings (IGH), which, last week, suspended trading in its shares on AIM, has this morning announced the indefinite suspension of betting operations pending clarification of its financial position.»
Kaplan Granted Hearing on Potential Release from Pretrial Detention
21 August 2007
It's a long shot, but indicted BetonSports founder Gary Kaplan could be released from jail while he awaits trial.»
Nambling Notes - 21 August 2007
21 August 2007
Dynasty's board director resigns amid reported turmoil within the company's ranks, the extradition hearing for three Betcha.com employees is set for Sept. 5 and more.»
Editorial: EiG - One Year Later
21 August 2007
Last year's European I-gaming Congress and Expo in Barcelona, the biggest I-gaming conference in Europe, was a fantastic show and an absolute success, but it was riddled with anticipation . . . and not the good kind. The unfortunate timing of the impending enactment of the Unlawful Internet Gambling Enforcement Act (UIGEA) was clearly on everyone's minds.»
DOJ Gets Two Additional Weeks to Prepare its Case against iMEGA
20 August 2007
The U.S. government has two additional weeks to answer a complaint filed by the Interactive Media Entertainment and Gaming Association (iMEGA) challenging the constitutionality of the Unlawful Internet Gambling Enforcement Act (UIGEA).»
Chinese Internet Sports-Betting Ring Busted, 28 Sentenced to Prison
20 August 2007
A group of people involved in Shanghai's largest online soccer betting ring have been sentenced to up to 32 months in prison in Pudong New Area People's Court.»
Weekly Nambling Notes
20 August 2007
A review of news briefs from the week of Aug. 13-17, 2007.»
Market Briefs - 13-17 August 2007
20 August 2007
IGN's weekly roundup of financial news in the I-gaming industry.»
Nambling Notes - 20 August 2007
20 August 2007
Betcha.com could be in more trouble with Washington (and Louisiana), Neteller is optimistic about its forthcoming interims and more.»
Eye on Europe - 20 August 2007
20 August 2007
IGN's weekly update covering important gaming developments in European jurisdictions.»
IGH Struggles to Stay Afloat as GCVF Nixes £400,000 Loan Request
17 August 2007
Interactive Gaming Holdings (IGH), the Malta-based operator, has, contrary to Wednesday's announcement, not secured the £400,000 sought from General Capital Venture Finance (GCVF) to fund its working capital requirements.»
Nambling Notes - 17 August 2007
17 August 2007
Unibet is soliciting suitors to run its new ad campaign, ISWI reports a solid second quarter and more.»
Szerencsejáték Bets on the Internet
17 August 2007
Hungarian state lottery operator Szerencsejáték Zrt., a member of the European Lotteries and Toto Associaton, is set to comprehensively revamp its betting product line, offering games played solely via the Internet.»
NETeller buys minority stake in Centricom
16 August 2007
NETeller completed its acquisition of a key stake in Australian payment processor Centricom this week. The $4 million deal gives NETeller a seat on the board and significant foothold in Australia and the Asian Pacific markets.»
Neteller Targets Asia-Pacific Region with Centricom Dea
16 August 2007
Neteller, the recently re-listed payments processor, has acquired a $4 million holding in Centricom Pty Limited (Centricom), a Melbourne-based e-commerce provider, in an effort to strengthen its presence in the Asia-Pacific region.»
Curaçao Hopes New Legislation Will Be Ticket to UK White List
16 August 2007
The Netherlands Antilles government (Curaçao) has said it is confident of its prospects in relation to the U.K. white list, after U.K. culture secretary James Purnell announced last week that the I-gaming jurisdiction had not met with the country's "strict standards" for offering gambling adverts.»
Nambling Notes - 16 August 2007
16 August 2007
I-gaming stocks slump as the global market slips, a potentially interesting legal development surfaces in Germany and more.»