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iGaming News Page 914

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I-Gaming Investors Corner (Nov 13 - 17)
20 November 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.»
Financial Institutions Deliver a Crushing Blow to the Net Betting Biz
17 November 2000
It was quietly one of the worst weeks ever experienced by the Internet gambling industry. While operators happily iced champagne for what they believe to be the pending death of Rep. Goodlatte's prohibition bill, a few very important financial institutions jumped in to break up the party and deliver three crippling shots below the belt. An unnamed source from one of the industry's biggest payment processing companies filled us in on some of the ugly details.»
ICANN Announces Magnificent Seven
17 November 2000
The old adage that you can please some of the people some of the time but you can't please all the people all the time rang loud and clear this week in Marina Del Ray, Calif. The city was the site of hearings by the Internet's domain name governing body, the International Corporation for Assigned Names and Numbers (ICANN), and while some progress was made, not everyone was happy with the results. It was announced yesterday that ICANN approved seven new top-level domains (TLDs), which are the suffixes attached to Web addresses.»
Nambling Notes - Nov 17, 2000
17 November 2000
In this week's Nambling Notes: The Netherlands okays online casinos, change is on the horizon for Irish bookmaking policy, a new potential buyer courts Ladbrokes and more.»
Staying out of Trouble Online
16 November 2000
The end of the last century brought us Internet access in the workplace. While it's clearly a great tool in the office, it can cause problems too. Here are some tips for keeping your business out of trouble online.»
VegasOne, for Now, Remains Vegas 'None'
16 November 2000
Less than a month after being introduced to the public, a plan that would have seen the city of Las Vegas enter a partnership with an online casino has been put on hold.»
Tools of the Trade - Nov 16, 2000
16 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.»
New Jersey Assemblyman Looks to Pioneer a New Era
15 November 2000
Last week we learned that New Jersey Assemblyman Tony Impreveduto is drafting a bill that would permit land-based Atlantic City casinos to open Internet casinos. But what exactly is Impreveduto's thinking?»
WIPO Faces Task of Assigning Order to Chaos
15 November 2000
More and more cases of website domain name controversies are popping up these days, and the United Nations has set up a system to deal with the global situation. The World Intellectual Property Organization (WIPO), one of a handful of arbitrators licensed by the United Nations, has been busy in recent months settling such disputes across the world. »
Internet Gambling Regulations for St. Kitts
15 November 2000
In December 1999, the government of St. Christopher (more commonly known as St. Kitts) and Nevis enacted its Betting and Gaming (Control) Act, 1999. The new law permits the licensing and operation of physical gaming, Internet gaming, horse or greyhound betting and sportsbook betting services. The St. Christopher and Nevis Gaming Board was also established by the legislation.»
The IGN Data Hub - Nov 15, 2000
15 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.»
WIGC Settles with FTC
14 November 2000
The Federal Trade Commission (FTC) and the operators of World Interactive Gaming Corp. (WIGC) have reached a settlement regarding charges that the company used deceptive claims when selling shares in the company.»
Crypto Seeks to Emulate Land-Based Casino Experience
14 November 2000
After signing a handful of impressive software licensing deals with land-based gaming companies heading to the Web, Toronto-based CryptoLogic Inc. has found a way to incorporate both the bricks-and-mortars and virtual world into their new version 4.0 software. »
Cyber Ramblings - Nov 14, 2000
14 November 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week we touch on new developments in Australia and England as well as a push in Europe to help protect Internet consumers. Also this week: plans to connect cell phones to GPS systems has raised some concerns among consumers.»
Philippine House Impeaches Estrada
13 November 2000
The future for gambling in the Philippines got much more cloudy today as a pair of scandals--one involving an underground lottery game, the other involving bribes paid to cover it up--has led to the impeachment of President Joseph Estrada. »
I-Gaming Investors Corner (Nov 6-10)
13 November 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.»
UK Sharpens the Tax Axe
12 November 2000
The U.K. national budget announcement isn't due until March 2001, but bookmakers there are quietly cheering news that, as part of his budget announcement, Chancellor Gordon Brown may axe the betting duty charged on British punters' wagers. »
A Busy Week for Youbet.com
10 November 2000
After maintaining a relatively low profile of late, closed-loop pari-mutuel wagering service provider Youbet.com Inc. made several announcements this week and is showing signs of rebounding from a rough year that was highlighted by a costly $1.3 million lawsuit. »
Credit Card Companies Implement Tough Policies
10 November 2000
Thanks to some new policy changes by both MasterCard and Visa, payment transactions between online casinos and their customers have become more difficult. Most damaging are the changes announced by MasterCard (effective immediately) regarding requirements for acquiring and processing remote gambling transactions. »
Nambling Notes - Nov 10, 2000
10 November 2000
In this week's Nambling Notes: another spread betting group goes cyber, a new poker room software developer emerges, the Hong Kong Jockey Club readies to launch its online race betting service, Ladbrokes introduces not-so-duty-free Internet betting, more delays for the U.K. National Lottery and more.»
UK Mulls 'Stealth Tax' for Bookmaking
9 November 2000
Once again, British bookmakers are waiting for Chancellor Gordon Brown's next budget announcement to learn his directives regarding betting duty. As part of his upcoming budget announcement, Brown is expected to propose changes to the Finance Bill that would crack down on the many companies offering tax-free betting by telephone and the Internet. A report on betting duty by the Commons public account committee warned that as much as £100 million in betting duty revenue could be lost if changes aren't made to its collection method. »
Apps on Tap
9 November 2000
I need to get my company off the expensive software upgrade rollercoaster. How do I do it?" The answer may be that you find the right application service provider (ASP). »
ACA Stages Attempt to Stave off Prohibition Down Under
9 November 2000
While the future of the moratorium bill in Australia remains unclear, the territorial governments and the gambling industry are teaming up to offer what could be a legitimate compromise that could essentially kill a move to ban online gambling. The Australian Casino Association (ACA) has drafted a new code of practice for online gambling and is circulating the draft throughout Australia for regulators' input. »
Tools of the Trade - Nov 9, 2000
9 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.»
A Firsthand Look at Treaty Four Regulations
8 November 2000
IGN recently reported on a group of First Nations' people in Canada that is setting up an interactive gaming jurisdiction from its treaty lands. Despite the fact that the Saskatchewan government says the File Hills bands (more accurately known as the Treaty Four bands) lack the authority to operate or license gambling on their own behalf, they're ready to move forward, and we've obtained their regulations for your reading pleasure.»
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