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iGaming News Page 912

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I-Gaming Investors Corner (Dec 4 - 8)
11 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.»
Irish Bookmakers Could Be the Next Wave to Go Offshore
11 December 2000
The Irish government, to the dismay of its bookmakers, has failed to get a tax cut on the betting duty required of Irish punters. There's still hope that it will be dropped through the Finance Act, which will be finalized in 2001, but will it come soon enough to keep the countries biggest bookmaker from moving offshore?»
A Closer Look at the Interactive Gambling (Moratorium) Bill 2000
8 December 2000
This week may very well have been the first ring of the Australian online gambling industry's death knell. After nearly a year of debate, pleas and more, the Interactive Gambling (Moratorium) Bill finally received enough votes for passage in both houses of the Australian parliament. For your reading pleasure, Interactive Gaming News has obtained copies of the final version of the bill as well as the explanatory memorandum.»
GCA Offers Self-Exclusion Option for Problem Gamblers
8 December 2000
Problem gamblers who find themselves withdrawing money from ATMs with their credit or debit cards at casinos, only to regret the move later, have a new method in controlling their habits. Global Cash Access (GCA), a supplier of cash access, financial management and customer relationship marketing technologies to the gaming industry, has enhanced its STEP "self-exclusion" option for problem gamblers to ATMs it now operates.»
Costa Rica: On the Verge of a New Era?
8 December 2000
If gaming industry insiders have their way in Costa Rica, online gaming operators will soon have an ally to their cause. A newly formed association of gaming operators has come out in favor of Internet gambling regulations there.»
Nambling Notes - Dec 8, 2000
8 December 2000
In this week's Nambling Notes: continued moratorium fallout in Australia, offshore jurisdictions try to clean up their images, the sale of a gaming software supplier and more.»
Virtgame.com Licenses Technology to eLOT
7 December 2000
One of the leaders in Web-based retailing of services to governmental lotteries is teaming up with a software firm to increase efforts in battling with multi border laws and regulations. Under the agreement, eLOT, Inc. will implement Virtgame.com Corp.'s Macro abrader Control technology into its offerings for state and national lotteries.»
Carnivore Fights Online Crime
7 December 2000
Recently, the FBI rolled out its newest technological weapon in the fight against criminals who use the Internet to commit crimes. It's called Carnivore, and saying that it's controversial is an understatement. »
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.»
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