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iGaming News Page 861

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Hong Kong to Crack Down on Offshore Betting
19 April 2002
Hong Kong could have a formal ban on offshore Internet betting by the time the World Cup begins in late May.»
Q&A: Norbert Teufelberger, CEO of betandwin
19 April 2002
Despite increased competition in recent months, executives with betandwin.com are optimistic about their future and are confident about the company's long-term outlook.»
Nambling Notes - April 19, 2002
19 April 2002
This week in Nambling Notes: The U.S. House Judiciary Committee will mark-up Rep. Bob Goodlatte's anti-Internet gambling bill sometime in the next few weeks, the U.S. government's response to Jay Cohen's petition for writ of certiorari from the Supreme Court is delayed one month, more changes in the Youbet.com management line-up and much more.»
Bookmakers Come to Terms with BHB
18 April 2002
British horseracing officials are heralding a recent agreement between the British Horseracing Board and leading bookmakers as progress, but some industry insiders aren't so sure.»
US State Department Assesses Online Gambling
17 April 2002
The United State's government's only published report addressing money laundering claims that interactive gaming is an area of concern.»
Leading British Homepage Debuts Betting Porta
17 April 2002
BTopenworld launched an online betting portal today with a who's who of operators, including ukbetting, Sun International Hotels, Station Casinos, Rank Group and OddsChecker.»
The IGN Data Hub - April 17, 2002
17 April 2002
In our zealous attempt to provide relief for potential information overload, we've condensed several industry-related surveys and research findings into a more digestible form for your reading pleasure.»
On Track - Apri
17 April 2002
Theories abound regarding the future of horse racing. Amid a tightening race for the entertainment dollar, no one's sure what the key to survival will be for the Sport of Kings, although most agree that forms of wagering will play a role. It is no doubt a time of transition for the industry, and pillars of the racing community are aligning themselves with interactive companies. To help keep you up to date with all the happenings in racing, IGN provides "On Track," a monthly wrap-up of important policy and business developments.»
Spotlight: RealCal
16 April 2002
The Broadcast Team has offered its RealCall service to land-based casinos and other industries for more than seven years and is now targeting interactive gaming.»
New Hope for Self Regulation?
16 April 2002
One of the world's leading content rating groups for Web sites is turning to the interactive gaming industry for help in spreading the depths of what could be an effective tool for parents and governments.»
Market Briefs (April 8-12)
15 April 2002
Several dozen publicly held interactive gaming companies are reporting, acquiring, floating, spinning off, merging, de-listing, rising and falling in stock markets all over the world. Every Monday IGN wraps the financial happenings of the Net betting biz from the previous week into a nifty little package just for you.»
Protect Your License - Establishing Strategic Direction
15 April 2002
Up to now my commentary has focused on regulatory issues. It may be both timely and appropriate, with the Global Interactive Gaming Expo and Conference on in Toronto next month, to turn attention toward the business issues. To this end, the next few months will focus on strategic direction, project planning, and related matters.»
Online Gambling and Addiction
12 April 2002
A new report attempts to shed light on the relationship between Internet gambling and the rate of addicted players.»
On Creating and Supporting Effective E-Gaming Web Sites
12 April 2002
The e-gaming business has the dubious distinction of being the biggest online money-spinner after pornography.»
Nambling Notes - April 12, 2002
12 April 2002
This week in Nambling Notes: Brazil gets a new online bingo game, MGM Mirage loses its court battle over alleged trademark infringement, casino win is up in Nevada and much more.»
Internet Gambling Blamed for Suicide
12 April 2002
Debt from compulsive gambling on Internet casinos led a British man to commit suicide in January. This week, U.K. newspapers are reporting that the man's son is asking the area's MP, Jack Staw, to do something to prevent others from facing similar situations.»
Web Site Development Agreements
11 April 2002
It's a nightmare scenario. You're in charge of your company's major Web site redesign project and the site sucks. Even your mother hates it. As you consider where to mail your resume, you might want to consider what you'd do differently next time.»
Q&A: Paul Mathews, WagerWorks
11 April 2002
Within the last year WagerWorks has gone from a relatively unknown software supplier to the interactive gaming industry to one of the sector's major players.»
US Law Roundup - April 2002
10 April 2002
Staying on top of interactive gambling bills as they move through the United States' federal and state legislatures no longer entails hours of research, thanks to this biweekly update on U.S. state and federal legislation. The states were quiet on the subject of Internet gambling during the last month. On the federal front, Rep. James Leach's effort to ban Internet gambling was the subject of a letter from Rep. Michael Oxley to all House of Representatives members. Oxley urged House members to support the bill.»
The IGN Data Hub - April 10, 2002
10 April 2002
In our zealous attempt to provide relief for potential information overload, we've condensed several industry-related surveys and research findings into a more digestible form for your reading pleasure.»
Oxley Seeks Additional Support for Leach Bil
10 April 2002
The chairman of the U.S. House of Representatives Financial Services Committee recently sent a letter to all House members asking them to support a bill that would prohibit illegal Internet gambling in the United States.»
Alderney Issues Online Casino Licenses
10 April 2002
Alderney made its highly anticipated move into the online casino business official today as the island nation's Gambling Control Commission announced the issuing of its first three interactive gaming licenses.»
Is P2P Betting a Hotbed for Money Laundering?
9 April 2002
Tighter banking regulations around the world, stricter credit card policies and a self policing by operators and industry groups have helped minimize money laundering conducted through online gaming channels, but the emergence of person-to-person (P2P) betting has created new challenges amid the ongoing battle.»
Spotlight: 1X Inc.
9 April 2002
Anyone who has studied person-to-person betting won't take long to figure out the key is to a successful business plan in the P2P sector.»
Weakly Interactive
8 April 2002
Forrester Research recently estimated that about 15 percent of the 105 million U.S. television households will have some kind of interactive television service by year end--almost double the percentage last year (The New York Times, April 4, 2002). Forrester's estimate is small comfort to shareholders of Gemstar-TV Guide International, which traded above $90 in the first quarter of 2000 and saw its stock collapse this week, closing at $9.01 on April 2, 2002, down 37 percent on the day. According to The Wall Street Journal (April 3, 2002), analysts downgraded Gemstar because its interactive television program guide "wasn't developing as previously expected"; concerns arising from an SEC filing in which the company disclosed that it hadn't actually received $108 million in revenue from licensing its program guide to Scientific-Atlanta it had booked over the past 29 months and a $210.2 million net loss for the quarter ended Dec. 31, 2001 didn't help. For Gemstar and the universe of companies large and small with stakes in domestic interactive television, however, Forrester's somewhat surprising projection is good news.»
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