Monday, 20 July 2026

iGaming News Page 903

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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.»
Online Gambling: Something Worth Chatting About?
16 April 2001
Ezina, a Massachusetts-based, NASDAQ-traded company, has evolved from its origins as a video-conferencing software supplier and developer into a voice-enabled Web-based chat service and its hoping that the online gambling industry can help it change the way the Internet is used by consumers.»
Playboy Gets (Even More) Racy
16 April 2001
Playboy Enterprises, one of the most widely recognized brands in the world, continues to position itself within the online gaming industry. Coming off the heels of an announcement in February that it was launching an online sportsbook, www.PlayboySportsBook.com, the company's Playboy.com subsidiary announced today it will launch an online pari-mutuel wagering site in the third quarter of this year.»
AB 296 Moved out of Committee by Unanimous Vote
16 April 2001
Today saw the Nevada Assembly, through AB 2906, step closer toward legalizing Internet casino gambling within the borders of the United States. The state Assembly Judiciary Committee this afternoon spent nearly an hour discussing two amendments to the bill before unanimously voting to accept both.»
I-Gaming Investors Corner (Apr 9 - 13)
16 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.»
Progress in Isle of Man
13 April 2001
Another step toward the legalization of online casinos in Isle of Man has been taken. The Manx government sent the Online Gambling Regulation Bill for royal ascent after it completed passage through both the House of Keys and the Legislative Council. Officials expect the bill to be enacted by June or July of this year.»
BUZZTIME Thrives in the Wireless Gaming Market
13 April 2001
Getting customers to give up a few minutes of their busy lives can be quite a challenge for interactive entertainment companies. BUZZTIME, an interactive TV and wireless game developer has attempted to surmount this problem by offering its products to Sprint PCS mobile phone users.»
Employee Surfing Strategies
12 April 2001
In the last five years, Internet access at the office went from rare to ubiquitous. With it came new problems for corporate managers to manage--such as employees using the corporate network to visit adult websites, download pirated software and waste corporate bandwidth and time to recreationally surf.»
Nevada Assembly Committee Postpones Net Betting Work Session
12 April 2001
The Nevada Assembly Judiciary Committee yesterday postponed action on AB296, a bill that would enable Nevada casinos to offer Internet gambling services. The bill was originally scheduled for discussion during yesterday's "work session," but was unexpectedly dropped from the schedule.»
The 'Wirelezz' Solution
12 April 2001
Stepping up to the wireless plate isn't easy for most gambling site operators. There are a few barriers to reaching large quantities of mobile consumers in one fell swoop, namely the lack of any consistent standard among carriers and mobile phone manufacturers around the world. That's where Bwirelezz steps in with its Bwirelezz Mobile Application Platform (BMAP).»
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