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iGaming News Page 895

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NCAA Legislation: Intensity Seen in Bet Ban Debate
27 April 2001
The intensity of the debate over whether college sports betting should be banned in Nevada displayed itself before a packed congressional hearing Thursday.»
Nambling Notes - Apr 27, 2001
27 April 2001
In this week's Nambling Notes: The U.S. Second Circuit Court of Appeals sets a date for oral arguments in the Jay Cohen appeal case, Harrah's adds to its success by gobbling players through its latest purchase, Gaming Internet plc inks a content deal with Sky Channel Pty Limited of Australia, an online gambling operation is shut down in China, Microgaming releases a modular software package and more.»
Electronic Evidence Never Dies
26 April 2001
If you've ever been involved in any type of litigation, you know that finding evidence to support your position is one of the keys to victory. As a tech lawyer, I sometimes am asked by other lawyers to look at non-tech cases and offer advice on electronic evidence. Electronic evidence can make or break a case--often in surprising ways.»
Tools of the Trade - Apr 26, 2001
26 April 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.»
Proposed Betting Ban Set for Congressional Hearing
25 April 2001
The bitter battle between the NCAA and the gambling industry moves back to center stage Thursday in Congress where a parade of witnesses will debate before a committee headed by Sen. John McCain, R-Ariz., whether betting on college sports at Nevada casinos should be banned.»
A Closer Look at Virgin Islands Legislation
25 April 2001
Last week IGN reported on a bill that would bring Internet gambling to the U.S. Virgin Islands. Legislators there debated long and hard over Bill No. 24-0046, before deciding that a few changes were needed. Arguments over suggested changes to the bill will be heard May 7 when the Senate Committee for Economic Development, Agriculture and Consumer Protection reconvenes. Changes will likely include work on the regulatory structure, taxation issues and the issuance of a "Master Franchiser" license.»
The IGN Data Hub - Apr 25, 2001
25 April 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.»
flutter.com Appeases the Pony Punters
24 April 2001
For many Britons, betting on horse racing is more than a harmless pastime; it's practically an avocation. Thus, with so many punters interested in betting specifically on the horses, flutter.com, a leading person-to-person betting site, needed to come up with a better way to serve its customers' needs. Last week, they introduced their new racing exchange platform with no fanfare and lots of success.»
Cyber Ramblings - Apr 24, 2001
24 April 2001
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. Mergers and cutbacks are prevailing themes of this week's list. Plus, a pair of Russian hackers are nailed in a major fraud case and a large U.S. automobile manufacturer is suing over a domain name dispute.»
I-Gaming Investors Corner (Apr 16 - 20)
23 April 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.»
Q & A: Robert Fell, Youbet.com
23 April 2001
Wounded by a bear market, increased competition and the continually hazy legal climate in the U.S., Youbet.com has certainly seen better times. Nevertheless the company continues to move forward in hopes of achieving a profitable business. The intranet race wagering service provider has launched a new Web-based betting platform in hopes of increasing its subscribers by the end of the year. But, the company’s future may be known sooner rather than later. Hanging above operations in the quarter is the threat of being de-listed by Nasdaq. To save itself, Youbet.com must be traded at over $1 for over 10 days before the end of May. Given the fact that the stock was at $0.44 on Monday, the future on the Nasdaq doesn’t bode well for the California-based company.»
Clarification on the Application of the Permanent Establishment Definition in E-commerce
20 April 2001
The Organization for Economic Co-operation and Development recently issued a clarification on its "Commentary on the OECD Model Tax Convention." The model, adopted by the Committee on Fiscal Affairs in December, concerns the application of the current definition of permanent establishment in the context of e-commerce. It follows two previous drafts that were released for comments by Working Party No. 1 in October 1999 and March 2000. Of special note are the OECD guidelines regarding e-commerce, server location and taxation as referred to in Curacao.»
Antigua Considers New Regs for Internet Gambling
20 April 2001
A frequent argument voiced by Internet gambling opponents is that online betting is impossible to regulate. Officials on the Caribbean island of Antigua, a haven of offshore gambling on the Worldwide Web, beg to differ.»
Nambling Notes - Apr 20, 2001
20 April 2001
In this week’s Nambling Notes: California takes another step toward prohibition; authorities in Denmark crack down on e-gambling; a new player enters the battle over media rights to U.K. horse racing; an Australian sportsbook ponders relocation; and more.»
Michigan to Racing: 'Nope, Not Here'
20 April 2001
Authorities in Michigan have told three race betting firms to immediately discontinue accepting wagers via telephone and over the Internet from Michigan bettors. The warnings were sent by the attorney general's office as well as the office of the racing commissioner. On the receiving end were Youbet.com, Ladbroke at the Meadows and Ladbroke's parent company, Magna Entertainment Corporation (operators of Call-A-Bet).»
Mixed Signals in Oregon
19 April 2001
Anyone who tries to get a pulse on how the state of Oregon feels about online gaming will get mixed signals.»
UK Gambling Interests Express Concerns over New Policies
19 April 2001
Yet another battle is brewing between the various groups affiliated with British betting and racing. Bookmakers are concerned about a number of issues, including proposals to abolish the Horserace Betting Levy Board (HBLB) and sell the Tote (Horserace Totalisator Board). As a result, the Bookmakers' Committee, which represents a number of betting groups, outlined the betting industry's concerns and some suggestions to ameliorate these problems in a 27-page commentary to the Home Office.»
Tools of the Trade - Apr 19, 2001
19 April 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.»
I-Gaming to Continue in Åland Islands
18 April 2001
Thanks to a court decision last week, Internet gambling is "on" again for the Åland Islands off the southwest coast of Finland.»
Virgin Islands Legislation on Hold for Now
18 April 2001
A U.S. Virgin Islands senate committee today decided to hold back proposed interactive gambling legislation until changes to the proposed policy are made.»
Companion Bill in Nevada Outlines Fees
18 April 2001
While the Nevada state assembly has been working on its Internet gambling legislation, equally important work has been done on a related bill, AB 578, that would lay out the interactive gaming licensing and fee structure, along with taxation rates.»
The IGN Data Hub - Apr 18, 2001
18 April 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.»
America's First Taste of Wireless Off-Track Betting
17 April 2001
US Off-Track has become the first America-based firm to offer Wireless Application Platform (WAP) betting. WAP betting allows punters to place bets and monitor their bets and races via a Personal Digital Assistant device such as a Palm Pilot or a WAP-enabled mobile phone.»
St. Thomas Goes for It
17 April 2001
A rush job to enact Internet gambling legislation in the U.S. Virgin Islands is under way this week. Titled the "Virgin Islands Internet Gaming and Internet Gambling Act," Bill No. 24-0046 would introduce licensing for Internet gaming and Internet gambling in the U.S. territory. The legislation would also permit an Internet lottery to be set up on the island. Senators Alamando "Rocky" Liburd and Vargrave A. Richards introduced the bill March 27.»
Cyber Ramblings - Apr 17, 2001
17 April 2001
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. Yahoo made our list twice this week, with the naming a new CEO and an announcement it will start charging for what was once a free service. Philips Electronics brings us our Job Cuts of the week while a new audit has found the U.S. government not living up to laws it passed.»
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