iGaming News Page 719

Poker Pros Sue WPT
24 July 2006
Seven of the world's most notable poker professionals have filed an antitrust lawsuit against World Poker Tour Enterprises (WPTE) over the use of their likeness and their freedom to play in various televised WPT tournaments.»
Market Briefs - July 10-21
24 July 2006
IGN's weekly roundup of financial news in the I-gaming industry.»
Short-Term Prospects not Good for HR 4411 in the Senate
24 July 2006
With the Senate facing a jam-packed schedule for the next week, all indications are that Internet gambling prohibition bill, HR 4411, will not progress to the Senate floor before the recess on Aug. 7.»
Weekly Nambling Notes
22 July 2006
A review of news briefs for the week of July 17-21.»
Nambling Notes - July 21, 2006
21 July 2006
Today: The hearing for BetonSports' David Carruthers is postponed and relocated, Pam Anderson launches an online poker room and more.»
Playtech Comments on Share Price Movement
20 July 2006
The Board of Playtech Ltd notes the recent fall in its share price.»
Editorial: The Craziness of this Gambling Industry
20 July 2006
Just as I finished reading all the news reports on the investigation of BetonSports in the United States, I received information from bwin (formerly BetandWin) concerning its gross gaming revenue margin from sports betting operations of the World Cup Soccer. It was 6.7 percent--well below the range obtained in the previous quarters of between 8 percent and 10 percent. This amazed me because the first results show that the WC in Germany had a turnover of more then twice the turnover for the 2002 tournament.»
Insights: Tax Evasion?
20 July 2006
In the BoS indictment, what's the deal with the charge related to the wagering excise tax?»
BoS Updates - Developments on Numerous Fronts
20 July 2006
The shockwaves sent out by the arrests of 11 individuals involved in the operation Costa Rica-based BetOnSports are being felt all over the world. Catch the latest developments in this ongoing ordeal.»
Nambling Notes - July 20, 2006
20 July 2006
Today: Efforts to fast track an online gambling bill in the Senate hit snags, Bodog.com cancels its marketing conference scheduled for next week, Nigeria's lottery launches a mobile game and more.»
U.S. House of Representatives Passes Internet Gambling Prohibition and Enforcement Act
19 July 2006
On July 11, 2006, the U.S. House of Representatives voted 317-93 to pass the "Internet Gambling Prohibition and Enforcement Act." The Bill, co-sponsored by Reps. Bob Goodlatte, R-Va., and Jim Leach, R...»
Q & A: Martin Arendts
19 July 2006
European gambling's legal battlefield is amassing court cases, particularly in the area of sports betting, and one of the hottest spots has been Germany, where hundreds of cases on sports betting have been heard in the last three years. Making matters particularly interesting are famous verdicts, such as Gambelli (November 2003) and the German Federal Constitutional Court's ruling on March 28, 2006, which have even further complicated a convoluted issue.»
BetonSports.com Suspends Online Wagering Operations
19 July 2006
BetonSports Plc has temporarily shut down its U.S. facing sports betting Web site in accordance with a Department of Justice (DOJ) restraining order. It has also temporarily suspended its U.S. customer service telephone line.»
Bill Analysis: HR 4411
19 July 2006
On July 11, 2006, the U.S. House of Representatives voted 317-93 to pass the Internet Gambling Prohibition and Enforcement Act (HR 4411). The bill is the newly combined works by Bob Goodlatte, R-Va., and Jim Leach, R-Iowa. One observation from the passage of this bill is that good bill drafting was not a prerequisite to passage. The bill is a mess. It is the result of what happens when two Congressmen cannot get past their own agendas and agree on the language of a prohibition bill. Whether Internet gambling should be regulated or prohibited is a policy issue that can be debated. This bill is an abomination of the legislative process. It is everything that could be perceived as what not to do in drafting legislation. It is in short: repetitive, inconsistent, verbose, cryptic, and poorly written.»
Nambling Notes - July 19, 2006
19 July 2006
Today: Betfair prepares to make an offer to Queensland, The new Rank gets focused and more.»
The Top 10s
18 July 2006
Hitwise's Top 10 "Entertainment - Gambling" sites for the week ending July 15. The No. 1 sites:
Australia:TABOnline
Hong Kong: HKJC Football Betting
Singapore: Singapore Pools
United Kingdom: The National Lottery
United States: PartyPoker.com
View the complete lists.»
BoS Court Documents Unveiled
18 July 2006
Following Sunday's busts of numerous individuals involved in BetonSports, including CEO David Carruthers and founder Gary Kaplan, IGN has obtained copies of the indictment and the restraining order against doing further business in the United States.»
BoS Fallout: I-Gaming Stocks Walloped in London
18 July 2006
Almost immediately after the news broke Monday morning that BetonSports (BoS) CEO David Carruthers had been arrested by U.S. officials, online gaming stocks began to plummet, losing a total of nearly £300 million in value before the facts of the arrest had been brought to light.»
Nambling Notes - July 18, 2006
18 July 2006
Today: new mobile products, including casino games in Singapore and WSOP updates, plus more.»
Imperial E-Club Releases New Bingo Site on Playtech Platform
17 July 2006
Playtech reports the successful launch of a new bingo site - Bingoday, owned and operated by Imperial E-Club Ltd.»
Vocal I-Gaming Exec Detained in Dallas
17 July 2006
U.S. Federal agents detained David Carruthers, CEO of online sports betting company BetonSports, at Dallas Fort Worth International Airport Sunday night.»
Clarion Purchases River City Group
17 July 2006
Clarion Events and River City Group, publisher of Interactive Gaming News, are pleased to announce that River City Group has joined the Clarion family of gambling industry events and publications through a purchase.»
Nambling Notes - July 17, 2006
17 July 2006
Today: Chariot's latest bid to save its life, LYCOS has Fun and more.»
More on the BoS Bust: 11 Indicted in Long Running Investigation
17 July 2006
BetonSports CEO David Carruthers, who was detained by FBI agents Sunday night in Dallas, was ordered held in custody today after a brief appearance in federal district court.»
Weekly Nambling Notes
15 July 2006
A review of news briefs for the week of July 12-14.»