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iGaming News Page 865

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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.»
Change on the Horizon in Alderney
8 April 2002
IGN has learned that Alderney of the British Channel Islands may be about to open its doors to more online gambling operations, including online casinos.»
Market Briefs (April 1-5)
8 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.»
Responsible Gaming for the Interactive Gaming Industry: How to Begin
5 April 2002
An effective way to begin to address responsible gaming is by having confidence that responsible gaming programs and services are not bad for your business.»
Nambling Notes - April 5, 2002
5 April 2002
In this week's Nambling Notes: CryptoLogic lays off 12 people, Mandalay Bay wins trademark infringement suit and MGM Mirage enters into one, North Korea launches an online lottery site and much more.»
Kahnawake Seeks Help Sorting out Sunny Group Situation
5 April 2002
Hoping to reach an end to what has turned into an ugly disagreement, the Kahnawake Gaming Commission is calling on a neutral body to investigate and evaluate a feud between casino operator Sunny Group Casinos and its former software supplier, Microgaming Systems.»
Sunny Group's Post-Microgaming Life Begins
4 April 2002
Tensions remain high between I-gaming software provider Microgaming Systems and virtual casino operator Sunny Group, but both sides appear to be going their separate ways after the termination of their partnership and ensuing public quarrel.»
Invisible Trademarks?
4 April 2002
Let's say you want to buy a Chevrolet. Looking for information, you go to your favorite search engine and type in "Chevrolet." If Websites for other car brands popped to the top of your search results, you might wonder how that happened. The answer would probably be "metatags."»
ukbetting.com Taps Mobile Market through Orange
4 April 2002
British mobile phone company Orange and ukbetting.com launched a fixed-odds sports wagering service available to Orange customers today.»
Count The Venetian In
3 April 2002
In May of 1999, Sheldon Adelson forever changed the way hotels and casinos were built on the Strip in Las Vegas. Nearly three years later, the owner of The Venetian, and the mega-resort's parent company Las Vegas Sands Inc., may be getting ready to jump into the Internet gaming marketplace.»
Golden Palace to Handle Operations for Aspinalls
3 April 2002
Aspinalls will hand the keys to its Internet casino operation to Golden Palace, the U.K.-based casino operator said late Tuesday.»
I-Lottery Update - April 2002
3 April 2002
As one of the world's most popular forms of gambling, lotteries have successfully made the shift to the interactive arena. Once a month, IGN's I-Lottery Update delivers an international roundup of the latest news from this burgeoning sector of the industry.»
The IGN Data Hub - April 3, 2002
3 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.»
Mandalay Pulls out of AGA
2 April 2002
Unable to reach a compromise on how to approach Internet gambling and a host of other issues, officials with Mandalay Resort Group has withdrawn its membership to the American Gaming Association, the American casino industry's top lobbying group»
Spotlight: FraudNet
2 April 2002
A recent report out of Europe found that one-fifth of all online fraud is conducted through the channels of Internet gaming.»
Quova Signs WagerWorks
2 April 2002
WagerWorks is the latest Internet gambling company to join ranks with Quova, a geolocation service provider.»
Religious Group Lands Mother of All Henna Deals
1 April 2002
A representative from America's top family values group leaked to the press this morning that the group will soon initiate an anti-Internet gambling media campaign through which it will "beat the Internet casinos at their own game." According to numerous press reports, the group has struck a deal with one of the fighters in the upcoming WBC heavyweight championship bout in Memphis. The unnamed fighter will dawn a henna tattoo with a "harsh message about online gambling." The representative didn't say whether it was current champion Lennox Lewis or the challenger, Mike Tyson, who will display the message tattooed across his back, although an insider indicated it would be Tyson. The contents of the message were not revealed, although the representative said the tattoo would "definitely steer a lot of people away from the demons residing in online casinos."»
A Renaissance for Horse Racing in Canada
1 April 2002
In the 1970s, horse racing was truly the sport of kings in North America. The standard of living was relatively high for most residents, and consequently there was a significant amount of disposable income to be spent on entertainment and gambling.»
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