Wednesday, 24 June 2026

iGaming News Page 898

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Investrend, River City Group Announce Performance of RivTrend Index
1 May 2001
Despite the persistence of bear markets throughout the world in recent months, I-gaming stocks have held their ground relatively well in 2001. The 15 companies that make up the RivTrend Global I-Gaming Stock IndexTM, as a whole, have done alright since the beginning of the year, particularly because April proved to be a bullish month in the I-gaming sector.»
Antigua Leading Way in Regulating Internet Gambling
30 April 2001
Internet gambling opponents frequently argue that online betting is impossible to regulate. Officials on the Caribbean island of Antigua, a haven of offshore gambling on the World Wide Web, beg to differ.»
Editorial: A Beautiful Day for Oregonian Bettors
30 April 2001
Online casinos take note: Your business may soon be considered legal in Oregon. Find out why.»
IGN Investors Corner (Apr 23-37)
30 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.»
Beijing Company Brings Wireless Lottery Sales to China
30 April 2001
A small Beijing wireless technology application development company is breaking new ground by creating a platform to distribute lottery tickets through wireless phones and has gotten a leg up in a highly competitive market.»
Gocorp Shareholders Approve Lasseters Purchase
28 April 2001
Shareholders of Gocorp Limited have voted in favor of a merger with Lasseters Casino Pty Limited, operator of Australia's first regulated online casino. The resulting company will be called Lasseters Corporation Limited. Thirteen of 15 resolutions presented during the April 24 extraordinary general meeting were passed, but two that would issue 500,000 stock options each to Gocorp Chairman Christopher Cullen and John Walton, a director in the company, failed.»
All Change in Hong Kong. . . Or is it?
27 April 2001
For years, Hong Kong has been subject to a strict legislative regime which allows gambling only on local horse racing and the Mark 6 Lottery through a monopoly operated by the Hong Kong Jockey Club. However, with legislation being reviewed on a number of fronts it appears that things are about to change. The difficulty at present is trying to predict the pace and extent of such changes.»
Nevada Bill Finally Clears Assembly
27 April 2001
History is starting to repeat itself in the western United States.»
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.»
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