iGaming News Page 705

More Details on the Neteller Bust
16 January 2007
Two former directors, and founding shareholding, of payment processing firm Neteller Plc were detained on Monday in the United States.»
Sportingbet on Losing End of Domain Dispute
16 January 2007
U.K.-based online operator Sportingbet last week lost a long-standing domain name dispute with a Canadian company seeking to register Sportingbet.net and Sportingbets.biz, reported IT and e-commerce legal news source Out-law.com.»
Nambling Notes - 16 January 2007
16 January 2007
Today: Neteller announces a trading update scheduled for this week, Interpol seeks the whereabouts of BoS founder Gary Kaplan and more.»
Former Neteller Execs Charged With Money Laundering
16 January 2007
The United States Attorney for the Southern District of New York, Michael J. Garcia, has charged former Neteller directors Stephen Lawrence and John Lefebvre with conspiracy and money laundering in connection with illegal gambling.»
On Track - January
15 January 2007
A monthly review of events, business news and other happenings in the racing industry, particularly in the interactive space.»
Eye on Europe - Jan. 15, 2007
15 January 2007
IGN's weekly update covering important gaming developments in European jurisdictions.»
Ladbrokes, 888 Getting Closer
15 January 2007
London-listed Ladbrokes' courtship of Gibraltar-based operator 888 may be nearing its conclusion, with a £440 million ($864.5 million) deal specially designed to circumvent U.S. legal action rumored to be in the works.»
Carlton on His Time with Israeli Authorities: No Big Dea
15 January 2007
Victor Chandler International (VCI) chief executive Michael Carlton spent several hours answering questions of Israeli authorities on Wednesday leaving the Internet gambling industry wondering if Israel has joined the crackdown on Internet gambling.»
UK Court to Rule on Classifying Poker
15 January 2007
Snaresbrook Crown Court in East London is expected to decide this week whether poker is a game of skill, chance or a combination of both, reports Reuters.com.»
Developing: Former Neteller Execs the Target of the Next US Bust?
15 January 2007
Various sources are reporting that two of the founding members of online gambling payment provider Neteller have been detained by U.S. authorities. The identities of the detained individuals were not disclosed, and it has been suggested that neither of them currently have an active role with the company. IGN will report further on this developing story as details become available.»
Market Briefs - Jan. 8-12, 2007
15 January 2007
IGN's weekly roundup of financial news in the I-gaming industry.»
Nambling Notes - Jan. 15, 2007
15 January 2007
Today: FireOne shareholders accept Optimal Group's acquisition offer, England-based businesses are losing £300 million annually at the hands of I-gamblers and more.»
Weekly Nambling Notes
13 January 2007
A review of news briefs for the week of Jan. 8-12, 2007.»
BoS Defendants Seek Dismissa
12 January 2007
The defendants in the criminal case against online sports betting firm BetonSports (BoS) have filed several pre-trial motions to dismiss the case on grounds ranging from ethnic discrimination to the U. S. government's lack of compliance with an international treaty.»
Champagne Feeling in Malta
12 January 2007
The Maltese court of appeal's refusal on Tuesday to enforce a judgment by a French court in a case instituted by French GIE Pari Mutuel Urbain (PMU) against Malta-based betting operation Zeturf has given advocates for an open gambling market in Europe cause for optimism.»
PartyGaming's Bhargava Cashes in for £50 Million
12 January 2007
Former PartyGaming marketing director Vikrant Bhargava on Thursday cashed in 160 million shares worth an estimated £50 million (US$97.8 million), which comprised just over half of his remaining 7 percent stake in the company.»
Nambling Notes - Jan. 12
12 January 2007
Today: BoS pleads "not guilty" in U.S. federal court, Ladbrokes' e-gaming managing director seeks greener pastures and more.»
BoS Directors Could Face Contempt Charges
11 January 2007
Assistant U.S. Attorney Michael Fagan on Tuesday filed a motion for order to show cause after indicted sports betting company BetonSports failed to appear in federal court on Friday.»
Pinnacle Withdraws from US Market
11 January 2007
Online gambling company PinnacleSports.com today announced its voluntary withdrawal from the U.S. market.»
NCLGS Set to Discuss I-Gaming
11 January 2007
The National Council of Legislators from Gaming States (NCLGS) will gather this weekend in Duck Key, Florida, to discuss and debate the impact of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA), which effectively bans I-gaming in the United States.»
Nambling Notes - Jan. 11, 2007
11 January 2007
Today: Victor Chandler's CEO is apprehended in Israel, Parlay appoints a new European managing director and more.»
Nambling Notes - Jan. 10, 2007
10 January 2007
Today: William Hill expects to meet its 2006 profits-related expectations, Lottomatica joins the bidding war for the U.K. National Lottery license and more.»
Lottomatica Eyes US Privatizations
9 January 2007
Fresh off winning 1,600-plus gambling licenses as well as acquiring Internet and interactive channels, Lottomatica S.p.A is eying U.S. lottery properties.»
Nambling Notes - Jan. 9, 2007
9 January 2007
Today: CryptoLogic purchases Parbet, Paradise commences the search for the King of Canada and more.»
Proposed NY I-Gaming Restrictions Could Affect Service Providers
8 January 2007
Legislation to be introduced this week in the New York State Senate aims to limit involvement in many gambling activities in the state, and language referring to Internet gambling could have serious implications on businesses providing services to I-gaming operators.»