iGaming News Page 909

NSW TAB Announces Plans for Online Fixed-Odds Wagering
7 December 2000
While some online gambling companies in Australia have been sent reeling with the news that a 12-month moratorium on online passed the senate, one operator in the island continent is busy promoting its expanded services.»
Tools of the Trade - Dec 7, 2000
7 December 2000
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.»
A Change of Heart for the AGA?
7 December 2000
In light of the fact that America's terrestrial casinos appear to be warming up to Internet gambling, many wonder whether the casino industry's trade association, the American Gaming Association, will soon withdraw its support of the Internet Gambling Prohibition Act. The association met yesterday, and although an agenda was not announced, a few members indicated that Net betting would be on the agenda. »
Race and Sports Wagering Amendment Does the Trick
6 December 2000
The Australian moratorium was finally passed yesterday in the Senate by a 33-26 vote. A bid in October ended in a tie vote, however, significant changes to the bill were successful in swaying enough votes to get it done. Proponents of the policy looked to Green Senator Bob Brown to throw his support their way. The turning factor in winning his support was an amendment clearing the way for sports wagering in Victoria and Tasmania. IGN has obtained a copy of the amendment debates, as well as the amendment itself, for your reading pleasure.»
Goodlatte Commends Australian Senate, Looks ahead to 2001
6 December 2000
While gaming interests in Australia assemble the necessary weaponry for doing battle with the federal government over this moratorium thing, one has to wonder what kind of effect, if any, the development will have on policy making in the U.S. According to a spokesperson for Rep. Bob Goodlatte, the sponsor of the Internet Gambling Prohibition Act, it certainly can't hurt his cause.»
Australian Operators Respond to Moratorium Bil
6 December 2000
Yesterday's passing of the Australian Internet gambling moratorium has left the entire online gaming community Down Under shaken and angry. Once considered a legal activity, operating a licensed interactive casino has now been outlawed for many, say the Australian online casino operators caught in its snare. The yearlong moratorium, which is retrospective back to May 19 is likely to affect at least six online casino operators that launched sites after that date, as well as numerous other companies that have invested substantial funds obtaining a license and building future e-casinos.»
Hong Kong Faces Prohibition Bil
6 December 2000
One of the hottest markets Net betting operators are targeting is in Asia, where a growing Internet gambling audience exists. Thanks to new legislation being considered by the Hong Kong Legislative Council, betting on an Internet site could result in stiff fines and even imprisonment.»
The IGN Data Hub - Dec 6, 2000
6 December 2000
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.»
Effort to Ban Online Gaming Down Under Rears Its Head. . . Again
5 December 2000
As the Australian parliament counts down the last few days of its current sitting, a frenzied effort to get the Internet gambling moratorium bill passed ensues. The results of this week's efforts could be imperative to both the moratorium's future as well as that of interactive gambling.»
Cyber Ramblings - Dec 5, 2000
5 December 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week news that the British Home Office is wanting to add changes to the newly adapted RIP has created a stir and Sega and Motorola are teaming up. Domain names, sex.com and wembleystadium.net, were both in court battles along with plenty of other news.»
Twenty-first Century Technologies Expand the Horizons of Interactive Gambling
5 December 2000
The arrival of the Internet has added new dimensions to gambling never dreamed of before the 1990s. Thanks to the World Wide Web, anyone with an Internet connection has virtually instant access to at least 1,400 websites that offer real-money gambling. That figure doesn't include the latest virtual gambling opportunities that even newer technologies are providing via WAP (wireless application protocol) and iTV (interactive television).»
Update: Australian Senate Passes Moratorium Bil
5 December 2000
Opponents of legalized Internet gambling in Australia yesterday got what U.S. Rep. Bob Goodlatte and his supporters have sought unsuccessfully for months: a second chance. And they made the best of it.»
Should We Tax the Internet?
4 December 2000
Should access to information on the Internet be taxed? Should e-commerce be taxed? If so, then how? Before taxing the Internet, policymakers need to take a close look at the impact taxes would have on the new economy.

The Institute for Policy Innovation's Center for Technology Freedom attempts to addresses the issue in the following report, published in March 2000.»

I-Gaming Investors Corner: Nov 27 - Dec 1
4 December 2000
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 previous week into a nifty little package just for you.»
North American I-Gaming Index on the Decline
1 December 2000
The RivTrend Global I-Gaming Stock Index has dropped sharply since October 16, particularly because of the decline of four companies listed on the North America Index. Investment analyst John Dutton of Investrend Research explains.»
Internet Gaming: a US View
1 December 2000
One of the biggest questions looming over the online gaming biz remains the status of prohibition attempts by the U.S. federal government. During the past few years there have been several attempts to prohibit the activity, most notably through the efforts of Senator Jon Kyl and Rep. Bob Goodlatte. At the same time, there have been a number of legal cases impacting both the prohibition efforts and gaming site operators. Law professor Joseph Kelly, well-known for his in-depth studies of Internet gambling, takes a look at the most recent events in a paper, entitled "Internet Gaming: a US View," which he presented this week during the Fourth Annual International Symposium on Internet Gambling Law and Management. »
A Desktop Conference with Peter Dean
1 December 2000
A steady flow of British gaming groups is finding its way to various offshore locations where the companies are setting up virtual casinos. Those companies would just as soon keep their Internet businesses in Great Britain, but the United Kingdom has no regulatory system in place. That could change next summer when the U.K. Gambling Review Body makes its recommendations for changing the country's antiquated gambling policies. Seated among the 10-person panel is Gaming Board Chairman Peter Dean, and IGN was fortunate enough to catch up with him last week for his and the Board's views on the prospect of Internet casino gambling in the U.K. The discussion, between Dean and IGN Publisher Sue Schneider, is available as part of IGN's popular Desktop Conference series. For a limited time, both subscribers and non-subscribers can access the conference for free.
Click here to listen.»
Nambling Notes - Dec 1, 2000
1 December 2000
In this week's Nambling Notes: Kerry Packer aims to protect online gamblers from blowing their life's savings, BlueSquare introduces interactive TV betting, Virtgame.com signs its first licensee, the Irish government readies introduce a competitive offshore wagering taxation infrastructure and more.»
How in the Heck Do You Valuate an Online Gambling Site?
30 November 2000
The decision to sell an online casino or sportsbook is a tough one to make. Simply knowing where to begin can be confusing for a business owner. Many factors have to be considered, such as what's included in the sale, how to find a buyer and/or even at what price to sell the site.»
Benefits Lure Top-Notch Employees
30 November 2000
Trying to get a tech startup going is clearly a bit tougher today than a year ago. Investors actually expect a startup to show a profit. (Can you imagine anything so unreasonable?) »
Tools of the Trade - Nov 30, 2000
30 November 2000
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.»
Aussie Moratorium Likely to Be Reintroduced
29 November 2000
Despite signs that efforts to ban online gaming in Australia were weakening, the move is closer to reality than many had thought just weeks ago.»
The IGN Data Hub – Nov 29, 2000
29 November 2000
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.»
Cyber Ramblings - Nov 28, 2000
28 November 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This we touch on the Internet troubles caused when a cable under the sea was cut near Singapore; a groundbreaking ruling in the Pennsylvania court system for advocates for free speech on the Internet and a major company gets hit hard with a fine from the German government for its production of CD burners. »
Indictment Filed Against Atiyeh Brothers
28 November 2000
Pennsylvania States Attorney Michael Stiles just unsealed indictments filed on November 9 against Dennis Atiyeh for allegedly operating an illegal gambling business in that state, and against Atiyeh and his brother Joseph for allegedly engaging in conspiracy to launder money and money laundering. The charges in the indictment include reference to the alleged use of funds from Dennis Atiyeh's online sportsbook English Sports Betting, based in Montego Bay, Jamaica, to pay gamblers from the brothers' Pennsylvania gambling business.»