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iGaming News Page 902

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MasterCard to Acquire Remaining Shares of Mondex
1 June 2001
Smart card developer Mondex International is about to get gobbled by MasterCard International. During the next few weeks MasterCard, which already owns 51 percent of the London-based firm, is expected to buy shares from the other owners until it gains total ownership of the company.»
Aspiring Bingo Monarch Shoots for the Stars
1 June 2001
Wayne Townsend has a simple goal: "I want to be the king of bingo." To achieve this goal, he's looking to reshape the way online bingo is played around the world. His concept is unique and if it works could give him claim to the reign of bingo that he seeks.»
Nambling Notes - June 1, 2001
1 June 2001
In this week's Nambling Notes: A $2 million advertising campaign for DrHo.com raises questions about Hong Kong's gambling laws, prohibition looms in Oregon, the U.S. casino industry anticipates a bright future with the recent promotion of Nevada Sen. Harry Reid to majority whip, Access Gaming Systems unveils its mobile betting platform, CryptoLogic introduces multiplayer poker software and more.»
The First Amendment and Internet Broadcasting
31 May 2001
Have you heard the one about the company that wants to broadcast Timothy McVeigh's execution over the Internet? If it sounds to you like a perverse and surreal joke, the problem is that it isn't. If you want to know the name of the company, you're not going to find it here. Its obscene publicity stunt isn't going to get its name in print here. I'll just call it the "webcaster."»
US Court Reverses GalaxiWorld Ruling
31 May 2001
The U.S. Court of Appeals for the Second District has reversed a lower court decision that ordered GalaxiWorld.com to pay $22 million for defaulting in a shareholder class-action lawsuit. According to the court's May 10 ruling, federal Judge Robert P. Patterson Jr. of the U.S. District Court for the Southern District of New York abused his discretion in finding the company in default.»
Tools of the Trade - May 31, 2001
31 May 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.»
US Law Roundup - 31 May 2001
31 May 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 California, where the state's efforts to stop Internet gambling have advanced.»
Cohen Awaits Appellate Decision
30 May 2001
World Sports Exchange President Jay Cohen was back in court last week trying to get his conviction overturned. His appeal was heard by a three-judge panel in New York City.»
Discover Says No to Online Gambling
30 May 2001
It took almost a year, but a clear message has been sent to online gambling operators and gamblers in California.»
The IGN Data Hub - May 30, 2001
30 May 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.»
IIA Warns against Banning Internet Gambling in Australia
30 May 2001
The Internet Industry Association of Australia is warning that operators of Internet gambling websites, under the terms of proposed federal prohibition legislation, could end up being wrongly charged with accepting bets from customers in Australia by mistake.»
A New 'Organization and Culture' for Starnet
30 May 2001
Starnet Communications International Inc., one of the pacesetters in the online gaming business, yesterday relocated to the England and changed its name to World Gaming plc.»
North American I-Gaming Stocks on the Rise
29 May 2001
Led by CryptoLogic (NASDAQ: CRYP) and Scientific Games (AMEX: SGM), the North American I-Gaming Index market cap has risen $144 million, or 30 percent, since May 15.»
I-Gaming Investors Corner (May 21-25, 2001)
29 May 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.»
The Untold Costs for Australia
29 May 2001
While most of those who oppose banning online gambling in Australia have concentrated on how the state and territorial governments will lose tax dollars--resulting at the very least in decreased funding for problem gambling services--less attention has been paid to how the ban will cost the country in other ways.»
Dead?
29 May 2001
The creator of a bill that would legalize online gambling in Nevada sent out a warning today to industry insiders, and her message was very clear: "Don't believe everything you read," said Nevada Assemblywoman Merle Berman.»
Cyber Ramblings - May 29, 2001
29 May 2001
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week news that the U.S. government is out pacing traditional retailers with Web sales grabbed headlines while more layoffs in the technology sector were announced. Also this week ICANN is meeting and MSN going hard after AOL customers.»
AB 578 Amendments
26 May 2001
Nevada's Internet gambling bill, AB 578, will be discussed on the state Senate floor this morning, one of the last stops it will make before possibly being passed by the full Senate and sent to the governor. Some debate on the bill is expected as well as perhaps the introduction of another amendment that would increase the gross gaming tax on Internet gaming from 6.25 percent to 10 or 11 percent.»
Prohibition Effort Down Under Enters the Final Stretch
25 May 2001
A permanent ban on Internet gambling appears more and more likely to be passed by the Australian Parliament. Nearly a week after a one-year moratorium on the expansion of online gambling expired, an ongoing Senate inquiry into whether a federal ban would be desirable and/or conceivable has concluded with Democrats failing to come to a consensus on their views.»
AGA Falls Short of Taking a Stance
25 May 2001
The American Gaming Association (AGA) is officially not in favor of legalized Internet gambling. . . . Nor is it against it.»
Nambling Notes - May 25, 2001
25 May 2001
In this week's Nambling Notes: betandwin sets its sights on the Italian sports betting market; discouraging news from the U.K. National Lottery; Coral Eurobet launches its mobile betting service; a William Hill exec denounces the Go Racing deal; the New South Wales TAB seeks to protect its interest in iTV wagering; and more.»
Legislators Consider Amendments to Virgin Islands Bil
24 May 2001
Legislators in the U.S. Virgin Islands have hit a pothole in their dash to legalize Internet gambling.»
Audits Can Evaluate ASP's Security Measures
24 May 2001
As an Internet attorney, I have many clients who outsource some of their company's technology-related tasks to application service providers, or ASPs. Often, their top concern is security--how much of it are they getting from their ASPs, and how do they know that their ASPs are really giving them the best security available?»
Progress in Isle of Man
24 May 2001
Isle of Man Minister for Home Affairs Allan Bell has signed four sets of regulations related to the operation of online gambling services, the next step in permitting Internet casinos to operate from the tiny island. The regulations will now be laid before Tynwald in June, whereupon the legislation and related regulations will be enacted.»
Tools of the Trade - May 24, 2001
24 May 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.»
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