iGaming News Page 884

I-Gaming Investors Corner (Nov 6-10)
13 November 2000
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 previous week into a nifty little package just for you.»
UK Sharpens the Tax Axe
12 November 2000
The U.K. national budget announcement isn't due until March 2001, but bookmakers there are quietly cheering news that, as part of his budget announcement, Chancellor Gordon Brown may axe the betting duty charged on British punters' wagers. »
A Busy Week for Youbet.com
10 November 2000
After maintaining a relatively low profile of late, closed-loop pari-mutuel wagering service provider Youbet.com Inc. made several announcements this week and is showing signs of rebounding from a rough year that was highlighted by a costly $1.3 million lawsuit. »
Credit Card Companies Implement Tough Policies
10 November 2000
Thanks to some new policy changes by both MasterCard and Visa, payment transactions between online casinos and their customers have become more difficult. Most damaging are the changes announced by MasterCard (effective immediately) regarding requirements for acquiring and processing remote gambling transactions. »
Nambling Notes - Nov 10, 2000
10 November 2000
In this week's Nambling Notes: another spread betting group goes cyber, a new poker room software developer emerges, the Hong Kong Jockey Club readies to launch its online race betting service, Ladbrokes introduces not-so-duty-free Internet betting, more delays for the U.K. National Lottery and more.»
UK Mulls 'Stealth Tax' for Bookmaking
9 November 2000
Once again, British bookmakers are waiting for Chancellor Gordon Brown's next budget announcement to learn his directives regarding betting duty. As part of his upcoming budget announcement, Brown is expected to propose changes to the Finance Bill that would crack down on the many companies offering tax-free betting by telephone and the Internet. A report on betting duty by the Commons public account committee warned that as much as £100 million in betting duty revenue could be lost if changes aren't made to its collection method. »
Apps on Tap
9 November 2000
I need to get my company off the expensive software upgrade rollercoaster. How do I do it?" The answer may be that you find the right application service provider (ASP). »
ACA Stages Attempt to Stave off Prohibition Down Under
9 November 2000
While the future of the moratorium bill in Australia remains unclear, the territorial governments and the gambling industry are teaming up to offer what could be a legitimate compromise that could essentially kill a move to ban online gambling. The Australian Casino Association (ACA) has drafted a new code of practice for online gambling and is circulating the draft throughout Australia for regulators' input. »
Tools of the Trade - Nov 9, 2000
9 November 2000
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. Instead of sitting on your lead, broaden the distance between you and the rest of the pack by equipping yourself with the tools necessary to get it done. Every week IGN publishes a new medley of blips and blurbs about products, services and events that could help you strengthen your e-business.»
A Firsthand Look at Treaty Four Regulations
8 November 2000
IGN recently reported on a group of First Nations' people in Canada that is setting up an interactive gaming jurisdiction from its treaty lands. Despite the fact that the Saskatchewan government says the File Hills bands (more accurately known as the Treaty Four bands) lack the authority to operate or license gambling on their own behalf, they're ready to move forward, and we've obtained their regulations for your reading pleasure.»
Tulsa Businessman Hopes to Score with 'Games of Skill'
8 November 2000
Come December a new website for skilled gamers will go live and it could be the start of something big in the United States. Megainternettournaments.com plans to launch its interactive site in the next month and is armed with a unique U.S. patent which the proprietors or hoping will make it a hot spot among online card players and other bettors.»
The IGN Data Hub - Nov 8, 2000
8 November 2000
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.»
Is New Jersey Going for It?
7 November 2000
Although it seems to be a long shot, New Jersey could be the first state to legalize and regulate Internet gambling. Assemblyman Anthony Impreveduto is drafting legislation that would make it legal for citizens to bypass a drive to Atlantic City and enable them to instead enjoy the offerings of a casino from their homes.»
OJC Takes a Step Closer
7 November 2000
Despite appearances to the contrary, sections of Canada are leaning toward the adoption of some forms of Internet gambling. Ontario Jockey Club (OJC) has shown an interest in going virtual, but has shied away under the recognition that current Canadian law makes online gambling illegal. Recent reinterpretations of the law, suggest that perhaps pari-mutuel account wagering over the Internet is indeed legal, and now it looks like OJC is prepared to move forward.»
Cyber Ramblings - Nov 7, 2000
7 November 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week's batch covers Internet censorship movements by the Chinese government, the bringing forth of an international cyber crime treaty and 3G collusion rumors in Europe.»
Kyl Forecasts Defeat
6 November 2000
The future of a bill, which would ban Internet gambling in the United States, has a bleak and unclear future, according to the bill's author, Sen. Jon Kyl.»
I-Gaming Investors Corner (Oct 30 - Nov 3, 2000)
6 November 2000
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 previous week into a nifty little package just for you.»
TotalBet.com Taps into Breeders' Cup Poo
3 November 2000
Thanks to an unprecedented agreement, bettors in the U.K. will be able to join the fray of the Breeders Cup this weekend.»
Nambling Notes - Nov 3, 2000
3 November 2000
In this week's Nambling Notes: Moratorium efforts continue to bubble in Australia; Paddy Power goes on TV; a Japanese bank will sell lottery tickets via the Internet; Las Vegas city officials continue to ponder a licensing deal with Vegasone.com; and much, much more.»
What's the Deal with Fair Disclosure?
2 November 2000
For two weeks now individual investors in the United States have found themselves on a level playing field when trying to acquire information on a potential company or stock. And that is just what the government was hoping for.»
Hacker Kid
2 November 2000
You remember Jonathan James? He made national news a couple of weeks ago. You know, he's that nice 16-year old young man sentenced to juvenile detention for hacking into computers at the Pentagon, NASA, BellSouth, the Miami-Dade school system and many other places. That's pretty funny. Right?»
Tools of the Trade - Nov 2, 2000
2 November 2000
As a leader in an Internet-driven industry, you've got to stay informed about the products, technologies and services available to thriving e-businesses. Instead of sitting on your lead, broaden the distance between you and the rest of the pack by equipping yourself with the tools necessary to get it done. Every week IGN publishes a new medley of blips and blurbs about products, services and events that could be help you strengthen your e-business.»
Is GPS Technology Ready to Take on Virtual Gambling?
2 November 2000
Thanks to the wide range of legislation regarding Internet gaming and wagering around the world, reliable border control technology for blocking bettors in certain locations is in high demand. For example, interactive gaming regulations in jurisdictions like Malta, Belize and a few Australian states and territories prohibit licensees from accepting residents as customers. In response, Virtgame.com and several other companies have been hard at work developing strong, user-friendly border control technology. While Virtgame is close to receiving full approval for its eBorder Control technology from the Nevada Gaming Board, another company is adapting a previously available technology for Internet gaming purposes.»
And this Year's Award for Spookiest Halloween Story Goes To. . .
1 November 2000
Harness Tracks of America! And it's one for the ages. The association's daily newsletter reports that Republican presidential candidate George W. Bush, if elected, may consider a certain senator from Arizona as a potential cabinet member.»
IRS Probes Offshore Accounts
1 November 2000
American taxpayers with MasterCard and American Express accounts held in the Bahamas, the Cayman Islands and Antigua/Barbuda may get checked out by the Internal Revenue Service (IRS) as part of a tax-evasion probe okayed by a U.S. district judge.»