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iGaming News Page 879

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Q & A: Peter Kjaer, DrHo.com
8 November 2001
Asia's leading online gaming company, DrHo.com, is in the middle of a transition period with its parent company. In 1961 Dr. Ho and its founder, Stanley Ho, won a monopoly for casino gaming in the Portuguese territory of Macau. The deal expires on Dec. 19 when Macau is turned over to the Chinese government. Although competition will be introduced, DrHo.com still finds itself in a good position.»
Sports Books Cash in on Melbourne Cup
8 November 2001
All the slips have been counted and the results are in. The real winners of this week's Melbourne Cup--Australia's richest horse race--were online sports books.»
FATF Takes on Terrorists' Finances
7 November 2001
Like many governmental bodies, the Financial Action Task Force on Money Laundering recently introduced measures aimed at stopping terrorist financing.»
The IGN Data Hub - Nov 7, 2001
7 November 2001
In our zealous attempt to provide relief for potential information overload, we have condensed several industry-related surveys and research findings into a more digestible form for your reading pleasure.»
On Track - Nov 7, 2001
7 November 2001
Theories abound regarding the future of the horse racing industry. No one is sure what will be the key for the sport of kings to survive in a tightening market for the entertainment dollar. The industry no doubt is in an important time, and many companies and tracks are aligning themselves with interactive companies. To help keep you up to date with all the happenings in the horse racing industry, IGN provides its monthly look at racing's news and events.»
Desktop Conference: Planning for a Sale
6 November 2001
Buying or selling a business can be enough of a challenge. But add the overlay the legal murkiness of an interactive gambling business, and the complexities multiply. The latest edition to IGN's Desktop Conference series features a conversation with Pat O'Brien, a Florida attorney who has been involved in the recent sale of several online sports books. He offers his thoughts on the various issues of concern to both buyers and sellers and how to prepare for an eventual sale. This audio interview is available in RealAudio format exclusively to IGN subscribers.

Click here to listen.»

PAF Loses Court Case
6 November 2001
The Finnish court in Mariehamn, the capital of the autonomous Åland Islands, ruled today that PAF is not allowed to market its online betting in mainland Finland.»
UK Betting Duty Causing Controversy in Ireland
6 November 2001
Now that the United Kingdom's betting tax has been recycled into a tax on betting turnover, Irish bookmakers are saying they need a similar tax rate in order to stay competitive.»
Netcetera - Nov 6, 2001
6 November 2001
As a leader in an Internet-driven industry, you've got to stay informed about the latest products, technologies and services available to thriving e-businesses. Every week IGN publishes a new medley of blips and blurbs of important Internet and technology-related worldwide news, products, services and events that could help you strengthen your e-business.»
Investors Corner (Oct 29-Nov 2)
5 November 2001
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.»
Chartwell Adopts Biometric Technology
5 November 2001
Through an announced partnership with Inroad Solutions Inc., Canada-based Chartwell Technology Inc. today became the first major online gaming software supplier to integrate biometric technology into its platform.»
Ohio Charity Sells Instant Bingo Tickets Online
5 November 2001
Seeking new ways to raise funds for its effort to build good ballparks and run top-notch leagues, the Firestone Park Athletic Association is breaking new ground in the United States.»
The Mysteries of Interactive Gambling Unrave
2 November 2001
The dynamics of the Internet gambling market have finally been defined. Twenty-eight percent of gamblers who use the Internet gamble online for real money, while another 47 percent participate in "free-play" gambling-style games. A new benchmark study reveals this data as well as answers to an array of questions asked for years about online gambling consumers.»
House Amends Oxley/LaFalce I-Gaming Bil
2 November 2001
The Financial Services Committee of the U.S. House of Representatives on Wednesday marked up H.R. 556, the Unlawful Internet Gambling Funding Prohibition Act. The bill passed the committee by a vote of 34 to 18.»
A Closer Look at the Goodlatte Bil
2 November 2001
Rep. Robert Goodlatte, R-Virg., yesterday introduced the "Combating Illegal Gambling Reform and Modernization Act" a new bill that would update the 1961 Interstate Wire Act to make Internet illegal. IGN has obtained a copy of the bill.»
Underage Gambling: A Bad Bet
2 November 2001
Gambling has been around about 8000 years, give or take a few millennia, and has historically generated obvious and important economic benefits. The game Keno, for example, originated in China where it was operated as a national lottery. Legend tells us that it was responsible for financing the building of the Great Wall, one of the wonders of the world.»
Nambling Notes - Nov. 2, 2001
2 November 2001
This week in Nambling Notes: PBL delivers the lowdown on Crown Online; a well established software supplier inks a deal with a major land-based casino operator; Sportingbet.com addresses Sept. 11 and pending New Jersey lawsuits; Park Place makes a key personnel move in anticipation of increasing its Internet presence; and more.»
fluxx.com Spins Off B2B Gaming Company
1 November 2001
Is it better to concentrate on business-to-consumer services or business-to-business services? One I-gaming software company mulled that question last year and ended up deciding to do both.»
Goodlatte Introduces Anti-Gaming Bil
1 November 2001
Bob Goodlatte, R-Va., is once again at the forefront of legislative efforts to permanently ban gambling on the Internet.»
Q & A: Robert Goodlatte
1 November 2001
Hoping to finally clear up the gray area surrounding online gaming in America, U.S. Rep. Robert Goodlatte, R-Va, today introduced his "Combating Illegal Gambling Reform and Modernization Act," a bill that will likely be sent to committee by week's end. Hours after announcing his newest legislative plan to broaden the scope of the Federal Wire Act to include Internet gambling and other technologies of the modern era, Rep. Goodlatte spoke briefly with IGN.»
A Legislative History of the Prohibition Movement on Capitol Hil
1 November 2001
The recent movement in Washington to prohibit Internet gambling is the latest of several. Following is a timeline of prohibition bills introduced in the past six years.»
From Sports Leagues to Sports Books
31 October 2001
In any business, gaining an edge on the competition can be the difference between surviving and dominating an industry. That adage rings loud and clear in the online gaming business as more and more companies enter a sector that's been able to weather the economic storm. SportingArena saw the writing on the wall earlier this year and decided to adapt itself to not only compete, but pave the way for the online sports betting world.»
Goodlatte Returns
31 October 2001
Officials with U.S. Rep. Robert Goodlatte's, R-Va., office confirmed published reports today that the congressman will be introducing a new bill on Thursday aimed at banning Internet gaming.»
Leach Bill Resurfaces as Expected
31 October 2001
After putting thoughts of I-gaming aside to fast-track anti-money laundering legislation two weeks ago, a U.S. House of Representatives committee this morning approved a bill that would ban payment for Internet gambling.»
The IGN Data Hub - Oct 31, 2001
31 October 2001
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.»
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