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iGaming News Page 917

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California Says No to Prohibition, Yes to Account Wagering
7 September 2000
The California sun is shining brightly on Internet gambling. State legislators recently voted on two measures that would affect the industry, and both turned up roses.»
Tools of the Trade - Sept 7, 2000
7 September 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 be help you strengthen your e-business.»
Cybertips -- A Domain Name Scam
6 September 2000
It starts with an ominous notice in the mail. It's an "Urgent Notice" telling you that someone is about to register a domain name that's identical to yours. It comes to people who've registered the "com" version of a name, but not the "net" or "org" versions. »
The IGN Data Hub - Sept 6, 2000
6 September 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.»
Aussie Senate Releases Report On Moratorium
5 September 2000
It's out and it's not positive. The Australian Senate Committee Report on Moratorium Bill was released yesterday, and the committee's conclusion is that the Interactive Gambling (Moratorium) Bill should proceed. The report also includes a minority report from the ALP Senators (the Labor party) who say a ban on interactive gambling is not technically feasible or necessary. Their stance was echoed in a dissenting report from Australian Democrats, also included in the Committee's report.»
GTECH Gets Stung
5 September 2000
The past few months have been unkind to lottery firm GTECH. Last month, the National Lottery Commission dropped Camelot's bid to run the National Lottery, mainly due to concerns over its technical supplier, GTECH. The company followed that news with an announcement last week of a series of changes to both its business structure and focus after taking a thorough value assessment of its operations. Those changes included staff reductions, office closings, and numerous efforts to reduce costs. Further bad news followed. »
Cyber Ramblings - Sept 5, 2000
5 September 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week's batch covers a coalition developing cross-service chat technology, AOL goes wireless, plus more.»
I-Gaming Investors Corner (Aug 28-Sept 1)
4 September 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.»
Foreign Domains
1 September 2000
In the beginning, there was dot-com, and it was good. It was so blissfully simple. If you were a company setting up shop on the Net, you had but one choice for a generic top level domains (gTLD), the almighty ".com." »
Nambling Notes - Sept 1, 2000
1 September 2000
In this week's Nambling Notes: Starnet launches the first phase of Beyond2000; MDI Entertainment and The Lottery Channel decide against merger; fluxx.com AG is in a deal to develop interactive wagering services in South Korea; eight new members were elected to the Interactive Gaming Council Board of Directors and more.»
Harrah's Buys Stake in Iwin.com
1 September 2000
That loud whooshing sound you're hearing comes from the Las Vegas casino executives rushing to develop Internet play-for-free sites. When MGM Mirage announced plans August 23 for a new free-play online gaming site that would be used to eventually offer real-money wagering when and where legal, it was a sure bet that other casinos would follow suit. The next Las Vegas entrant for free-play Internet games and gambling is Harrah's Entertainment, which yesterday announced the purchase of a minority stake in iwin.com, a leading online games-for-prizes and lottery company.»
A New, Improved Moratorium?
31 August 2000
Australian Democrats Deputy Leader Senator Natasha Stott Despoja has informed the handful of online gambling license holders in Australia who've spent the last few days packing their bags for the likes of Vanuatu, Kahnawake and Malta that they might want to put their relocation plans on hold because the Democrats are throwing their support behind the industry.»
WWWagering Submits Views to Aussie Government
31 August 2000
While the debate over a 12-month moratorium on new interactive gaming licenses in Australia gains momentum, the federal government has been accepting submissions for its own examination of the topic. One such submission came from World Wide Wagering & Gaming Consultants, which IGN has obtained.»
Tools of the Trade - Aug 31, 2000
31 August 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 be help you strengthen your e-business.»
Cohen Appeals Sentence
30 August 2000
Jay Cohen, sentenced in a New York federal court August 9 for conspiracy and violating the Wire Act, is fighting the judge's decision. Cohen was sentenced to 21 months in prison and fined $5000, despite the government's push for stiffer penalties. »
The IGN Data Hub - Aug 30, 2000
30 August 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.»
Australia Chews on 'Plan B'
30 August 2000
You can toss the planned track(s) for this week's On-Line Gaming Forum in Melbourne out the window; the prevailing issue, regardless of the specified topics, has been the Australian federal government's retroactive 12-month moratorium on the issuing of new online gambling licenses. The centerpiece of the yesterday's debate was a mid-afternoon announcement that the Internet Industry Association was trying to bring a compromise calling for a three-month moratorium brought to the table.»
NY vs. WIGC
29 August 2000
The operators of World Interactive Gaming Corporation (WIGC) were recently ordered by the New York State Supreme Court to pay $1.8 million in restitution to defrauded investors, plus a further $4.5 million in penalties. For your reading pleasure, Interactive Gaming News has obtained a copy of the decision.»
Cyber Ramblings - Aug 29, 2000
29 August 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week's batch covers a new service to speed Net content delivery, a proposal to develop digital IDs for credit cards, and a complaint filed against online porn operators for allegedly bilking customers of millions of dollars, plus more.»
Eremian Kicked Off Antigua
29 August 2000
There's new trouble in paradise. Bobby Eremian, the managing director of Antiguan sportsbook Sports Offshore, was asked by the island government to leave. On August 17, authorities there placed the bookmaker onto a plane headed for Puerto Rico. Once there, American officials arrested Eremian for an outstanding 1995 warrant that charged him with violating Title 18, Sections 1955 and 1956 of federal codes, for allegedly operating an illegal gambling business and money laundering. It's believed that neither charge relates to his online gambling business. »
Professor Gambles, Loses Money and Job
28 August 2000
A Florida Atlantic University professor resigned after using university credit cards to rack up $7000 in gambling charges. According to published reports, Associate Professor Donald Baird admitted to unauthorized use of the cards after the FAU accounting department flagged the charges, which initiated an investigation by school officials. »
I-Gaming Investors Corner (Aug 21-25)
28 August 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 the previous week into a nifty little package just for you.»
A Closer Look at HR 5020
25 August 2000
The last day of the legislative season in July saw the introduction of a U.S. House bill proposing to prohibit Internet gambling by extending the Wire Wager Act. In a few weeks, Congress will re-convene and the new bill, HR 5020, may be among the first pieces of legislation to be considered. It came onto the scene rather quietly, and many among the interactive gambling industry were too busy celebrating Congress's failure to pass the Goodlatte bill to worry about the new threat. As the recommencing of the session lurks around the corner, sobriety is setting in, and many are beginning to wonder what 5020 is all about.»
Nambling Notes - Aug 25, 2000
25 August 2000
In this week's Nambling Notes: Camelot fights to stay in the running for the U.K. National Lottery, bookmakers take a hit on Euro 2000, the taxation dilemma strikes Ireland, Internet gambling prohibition reaches the final stretch in the Calif. Senate, free-play sites conquer the ratings and more.»
Neither Bid Wins UK Lottery Rights
24 August 2000
Richard Branson's "The People's Lottery" appears to be a lock for landing seven year operational rights to the world's largest lottery, the U.K. National Lottery. The National Lottery Commission announced yesterday that it has failed to reach a decision on whether it will be the current operator, Camelot, or The People's Lottery, although Camelot has been dropped from consideration. The People's Lottery application didn't meet statutory criteria, but the group has been given a month to work out the kinks. »
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