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iGaming News Page 919

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I-Gaming Investors Corner (Sep 18-22)
25 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 the previous week into a nifty little package just for you.»
The Return of Camelot
22 September 2000
The U.K. National Lottery Commission's decision to reject Camelot's bid for the National Lottery license has caused yet another uproar. The British High Court today announced that Camelot's bid for the seven-year lottery license had been unfairly dropped in favor of The People's Lottery consortium, which is fronted by Virgin's Sir Richard Branson. In addition, the Commission's application for permission to appeal the decision was denied.»
Lasseters Continues to Thrive Despite Imposing Ban
22 September 2000
With the Australian federal government considering a ban on Internet gambling, Net betting businesses Down Under haven't had much encouraging news to report. Lasseters online casino presented an exception to the trend of gloominess this week, however, when it reported news of a successful year.»
ILC Seeks to Stop Net Lottery
22 September 2000
The operators of a Prince Edward Island-based Internet lottery called The Earth Fund continue to prepare for the new site's launch, despite legal action taken by the Interprovincial Lottery Corporation (ILC). Last week the ILC, an association of Canadian provincial lotteries, asked an Ontario court to declare that the Internet lottery's operation violated Canada's gaming laws.»
Nambling Notes - Sep 22, 2000
22 September 2000
In this week's Nambling Notes: Goodlatte takes his last stab, a new player rewards program from IGW, Gaming Internet sets to launch a greyhound betting site, Lasseters threatens to move and sue, eBet scarfs a spread betting service, Richard Branson takes another step toward world domination and more.»
A New Authority in Gaming: The Antiguan Initiative
21 September 2000
The country of Antigua's betting and gaming regulations adhere to a law that was enacted in 1963. It's a drastically different world 27 years later, and gaming regulators there are now seeking to amend the legislation to bring it up to date. The Antiguan Parliament will soon take up a bill that calls for a new body specifically regulating gaming in the country. Policies regarding virtual sports wagering and casino gambling will be among those affected by the new regulations. Gary Collins, chairman of the Betting and Gaming Committee of Antigua and Barbuda, explains.»
Tools of the Trade - Sep 21, 2000
21 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.»
Consider Letters of Intent Carefully
21 September 2000
Letters of Intent are always non-binding documents. My clients are always telling me this. Apparently, it's what their Uncle Charlie told them. I have nothing against Uncle Charlie, but he's wrong. A Letter of Intent (LOI) could be the beginning of the end.»
A Closer Look at Starnet's New Games
20 September 2000
Research has shown that most online gamblers have a 56K Internet connection and usually use a 4.0 or higher version browser software. Keeping these little details in mind helped Starnet Communications International software designers put together their latest offering, Beyond2000. The new software package is being released in phases, with the Java-based casino games, multi-player bingo games and Internet lottery games issued first.»
Net Bettors Search for Fallen Star
20 September 2000
Does anyone out there know what happened to SportsBetOnline.com? The online sportsbook has been taken down and customers who want their money back are complaining that the operators are unreachable.»
The IGN Data Hub - Sept 20, 2000
20 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.»
New 'Idea Market' Enters the Gray Area Between Trading and Betting
19 September 2000
The operator of a new "dot org" startup is developing an intriguing betting site that would give scientists an opportunity to bet on idea futures. You're no doubt wondering what an "idea market" is, and we've got the answer. "A market in science claims would offer a very powerful social benefit. By quantifying the current consensus on difficult questions of science, technology, and policy, it would give scientists, reporters, and lawmakers very useful information. The market would, in other words, generate a positive externality," explains the founder of Simon Market, Tom Bell.»
Cyber Ramblings - Sep 19
19 September 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week's batch covers changes in the way search engines rank sites, evidence that the U.S. federal government doesn't practice what it preaches on privacy, a new customer protection system by American Express and a possible privacy loophole in Microsoft IE 5.»
No Vote on 'The Internet Gambling Prohibition Act'
19 September 2000
On the surface, it's been a rather uneventful week for the Internet Gambling Prohibition Act. There's not a lot of action on the floor, but the bills' sponsors, Rep. Goodlatte and Senator Kyl, have been making quite a bit of noise among Republican leadership. Meanwhile, as the dynamic duo gear for their final stretch, some very interesting commentary has trickled from the media ranks. The following article comes courtesy of CNS News...»
Banning Web Gambling Will Take More Than Luck
18 September 2000
IPI Center for Technology Freedom Director Bartlett D. Cleland submitted the following opinion piece for publishing in BridgeNews. There are no Earth-shattering revelations here, but his statement is well put and certainly worth a look.»
Consolidated Balance Sheet for Starnet
18 September 2000
Consolidated Balance Sheets
As at July 31, 2000 and April 30, 2000
(in thousands of US dollars)»
I-Gaming Investors Corner (Sep 11-15)
18 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 the previous week into a nifty little package just for you.»
Cash Infusion to Fuel Next Generation Entertainment's Growth
15 September 2000
A $6 million cash infusion into Next Generation Entertainment, a leading game and content design studio, will allow the eight-month-old Australian start-up to expand product development and fuel its drive into new markets.»
Nambling Notes - Sep 15, 2000
15 September 2000
In this week's Nambling Notes: Sen. Kyl and Rep. Goodlatte make a final appeal to the American public, a House committee passes the NCAA betting ban, Total Entertainment Inc. launches a historical ad campaign, Hackers attack an online casino and more.»
Starnet's Ellis Resigns
14 September 2000
Starnet Communications International yesterday announced the resignation of Meldon Ellis, who served as both company president and CEO. Chairman of the Board Fred Hazell will temporarily assume the roles while the company looks for a new CEO.»
Tools of the Trade - Sep 14, 2000
14 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.»
Details on the July 12 Motion against WIGC
14 September 2000
World Interactive Gaming Corporation (WIGC), an online casino operator based in New York was recently ordered by Attorney General Eliot Spitzer to pay $1.8 million in restitution to defrauded investors, plus a further $4.5 million in penalties. Since then, IGN has obtained a copy of the motion filed July 12.»
Starnet Contributes to the Coming Out Party
13 September 2000
Another bricks-and-mortar casino has jumped into the "clicks-and-mortar" betting world. Yesterday, Starnet Communications International announced a deal to bring Casino Riviera, a land-based casino in Antigua owned by U.K. bookmaker Victor Chandler, to the virtual world, making it Starnet's first land-based casino licensee.»
The IGN Data Hub - Sept 13, 2000
13 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.»
Gamblers', Finance Companies' Fate Rests with Federal Judge
13 September 2000
A gambler's fate often rests with a turn of a card or a roll of the dice. But a group of online gamblers-and the credit card companies they're suing to avoid paying off their losses-await the tap of a judge's gavel to decide their destinies.»
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