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iGaming News Page 886

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Second House Panel Looks at Issuing Banks, Lottery Exemptions
25 July 2001
While the testimony of three U.S. legislators grabbed most of the spotlight at yesterday's U.S. House hearing on Internet gambling, a second panel, composed of witnesses from the private sector, focused on some additional key issues.»
US Policymakers Examine Options for Prohibition
25 July 2001
A contingency of U.S. legislators agree that online gambling should be banned on the federal level--and quickly--but just how to approach doing so remains undecided. Policymakers discussed the issue at length yesterday during a House subcommittee hearing.»
New Referral Program Could Turn Gamblers into Casino Owners
25 July 2001
An online casino's new referral program has raised some legal questions. One of the industry's top legal experts says the plan is legally OK, but that players may be opening themselves up to additional liability in the case of a civil lawsuit.»
The IGN Data Hub - July 25, 2001
25 July 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.»
A Closer Look at HR 2579
24 July 2001
On the heels of today's House hearings on Internet gambling, IGN is making available a copy of one of the bills under discussion, the Internet Gambling Payments Prohibition Act (HR 2579). The legislation was introduced before the House by Rep. John LaFalce, R-Iowa, July 20 and referred to the Financial Services and Judiciary committees. The purpose of the bill is to prevent the use of certain bank instruments for Internet gambling, and other purposes.»
Cyber Ramblings - July 24, 2001
24 July 2001
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. Attorney General John Ashcroft has increased the focus on cybercrimes while hackers try and bring down the White House website. In other news this week, a hacker is busted after giving a lecture to fellow hackers; Kmart takes over Bluelight.com and a site that was meant to bring about good in the world has closes its operation.»
US House Again Examines Internet Gambling
24 July 2001
Three of the Internet gambling industry's biggest opponents took center stage on Capitol Hill Tuesday to testify at a hearing before a subcommittee of the House Financial Services Committee regarding Internet gambling.»
US Law Roundup - 24 July 2001
24 July 2001
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 hot news this week on the U.S. law front comes from the Virgin Islands, where progress has been made in the territorial government's pursuit of interactive gambling legislation. A second California bill, instead of prohibiting Internet betting, would permit betting on the ponies via electronic means. On the federal front, meanwhile, a new LaFalce bill has been introduced to ban most payment methods for Internet gambling activities; another bill seeks to hand the federal government complete authority over regulating e-commerce activity, thereby negating all state-level efforts to control Internet gambling.»
Nevada Gaming Commission Meeting Agenda
23 July 2001
Last week the Nevada Gaming Commission formalized the agenda for an information seminar on Internet gambling to be held July 31 and August 1. Following is the agenda as released by the Commission.»
What Does the Future Hold for Online Gambling in the Caribbean?
23 July 2001
Change is in the air for the Caribbean's online gambling jurisdictions. While most nations in the area are just tiny islands miles from their nearest neighbors, the majority of e-gaming companies call one or more of the islands home. This can be an asset and a liability, as Caribbean governments face persecution from far larger governments that consider Internet gambling to be an unregulated and illegal activity.»
ENIC Sells I-Gaming Arm
23 July 2001
A little more than a year after purchasing ukbetting.com and its online bookmaking system, the English investment firm of ENIC is selling its stake in the company to Eric Semel and his ukbetting plc, a company that was formed with the intention of buying the online subsidiary.»
I-Gaming Investors Corner (July 16-20)
23 July 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.»
Round Two
23 July 2001
For the second time in a two-week period U.S. House a subcommittee will examine Internet gambling. The House Financial Services Subcommittee on Financial Institutions, chaired by Rep. Spencer Bachus (AL), will hear testimony on Internet gambling legislation Tuesday at 10 a.m.»
Nevada Gaming Commission Irons out Details of Upcoming Meetings
20 July 2001
Demand for a conference that could set the groundwork for how the Nevada Gaming Commission regulates online casinos has been overwhelming to the chairman of the commission.»
Nambling Notes - July 20, 2001
20 July 2001
In this week's Nambling Notes: Another online gambling prohibition bill hits surfaces in the U.S. House, the British Horseracing Board comes out against a recent report on the U.K. gambling policy, The Go Racing consortium embarks upon an £8 million per year marketing blitz, EGET signs a deal with a European national lottery, Stanley Ho's monopoly in Macau is broken up and more.»
Hefty Penalty for Using Unlicensed Software
19 July 2001
How many computers do you have in your office running Word? How many licenses do you have for Word? If the answer to the first question is "many" and the answer to the second question is "not as many," or if you simply don't know the answers, you need to immediately clean up your act. If you don't, you risk hefty monetary penalties.»
GET, IGCA Form I-Gaming Venture to Focus on US Markets
19 July 2001
Seeing an opening in the developing market of Nevada, a traditional bricks-and-mortar company has entered into a partnership with an experienced Internet gaming firm to form an alliance that both parties hope will given them a leg up on the competition.»
Tools of the Trade - July 19, 2001
19 July 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. 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.»
Hong Kong Reviews Gambling Policy
19 July 2001
Hong Kong's government is dealing with an issue that's familiar to several other nations of late: the legalization of certain types of gambling activities.»
US Virgin Islands Passes 'Landmark Legislation'
19 July 2001
The U.S. Virgin Islands became the second U.S. state or territory this summer to give the legislative green light to Internet gambling when the Senate overwhelmingly passed a bill giving the OK to Online casinos.»
Alderney to License Online Casinos
18 July 2001
According to information on the Alderney Gambling Control Commission's website, the island's government "has resolved that legislation be prepared to permit Internet Gaming in Alderney."»
US House Hearing on Internet Gambling, July 12
18 July 2001
The U.S. House Subcommittee on Oversight and Investigation held a hearing last week to gather opinions on Internet gambling from a variety of sources within the gaming and financial industries. For your reading pleasure, IGN has compiled the testimony of all 10 witnesses.»
Great Britain Lifts Financial Advisory on Antigua
18 July 2001
The dominos continue to fall from the Financial Action Task Force's (FATF) recent report on non-complying territories and nations, but this time the news is of a positive sort.»
The IGN Data Hub – July 18, 2001
18 July 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.»
Virgin Islands Bill Moved out of Committee
17 July 2001
A major step was taken on Monday in getting online gaming legalized in the U.S. Virgin Islands.»
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