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iGaming News Page 921

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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. »
Tools of the Trade - Aug 24, 2000
24 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.»
Here Comes the Future
23 August 2000
When the Nevada Gaming Commission announced plans for the April 13 Internet Gaming Informational Seminar, the question of the hour was whether Las Vegas casinos were Internet bound. The daylong meeting proved there was a lot of interest among Las Vegas operators, who turned up in droves to learn about the ins-and-outs of Internet betting. So, perhaps it's not very surprising that MGM Mirage announced today that it's teaming with Silicon Gaming, Inc. to develop an online gaming community that could set the stage for Nevada's first licensed online casino.»
The Latest Scoop on Starnet
23 August 2000
It was a busy week, in terms of court activity, for Starnet Communications International. Charges of illegal porn distribution are out of the picture, but the battle over whether the company conducted illegal gambling operations will likely continue for at least six more months.»
The IGN Data Hub - Aug 23, 2000
23 August 2000
In our zealous attempt to provide relief for potential information overload, condensed several industry-related surveys and research findings into a more digestible form for your reading pleasure.»
Online Profiling
22 August 2000
"Online profiling" is a phrase that conjures up images of Big Brother tracking your online movements for some ambiguous, but nefarious purpose. If you're an e-business, online profiling may lead you to the promised land (profits). It lets you build a database of your customers' habits and hobbies by keeping track of where your customers go online after they leave your website.»
Cyber Ramblings - Aug 22, 2000
22 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 landmark domain name dispute ruling, e-signature legislation in Gemany, new guidelines for credit card transactions and more.»
Kyleria Epidemic Spreads to Australia
21 August 2000
The march toward prohibition continues in Australia as legislation has been introduced before Parliament to enforce a moratorium on the issuing of new interactive gaming licenses. The legislation, known as the Interactive Gambling (Moratorium) Bill 2000, calls for a 12-month freeze on licensing while the government conducts its own extensive study into the feasibility and consequences of banning interactive gambling.»
I-Gaming Investors Corner (Aug 14-18)
21 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 Privacy Update
18 August 2000
Let's take a quick multiple-choice test. What can a private company do with personal information that it receives about you over the Internet? You get to choose one potential answer: (a) It must keep the information secret; (b) It may, only under certain circumstances, release the information to anyone who asks for it; or (c) The company can do whatever it wants with your personal information.»
Nambling Notes - Aug 18, 2000
18 August 2000
In this week's Nambling Notes: Canadan authorities drop investigation into illegal distribution of porn by Starnet, another roadblock for online gambling in the Philippines, a new jurisdiction in Central America is soon to arrive, several gaming software companies sign new licensees and more.»
America Gaming Up, Up, Up
17 August 2000
Consumer spending on legal gambling rose 6 percent in 1999, evidence that the nation's appetite for games of skill and chance may be nearing the saturation point, according to Eugene Christiansen's annual survey for International Gaming & Wagering Business magazine.»
Certification by SafeBet
17 August 2000
SafeBet, an independent Internet casino testing laboratory, boasts thorough checks to make sure online casinos are fair and safe for punters. The organization was founded in 1998 by a group of software developers who, according to General Manager Sherry Nisen, had a simple question: "Is online gambling fair?"»
Tools of the Trade - Aug 17, 2000
17 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.»
Australia Inches Closer to a Ban
16 August 2000
As the U.S. House of Representatives spends the month of August preparing for the 2000 elections, policy makers in Australia are busy trying to stop Internet gambling. Reports indicate that legislation could be introduced to parliament as early as tomorrow.»
Lasseters Comments on Federal Action
16 August 2000
A moratorium on the issuing of Internet gambling licenses in Australia would wipe out competition for Lasseters Online, the country's first government-licensed online casino. Nevertheless, its principals recognize the ultimate threat of an all-out ban and have been very vocal in its opposition to the adoption of such a moratorium. The company today submitted made a submission to the federal government study into banning interactive gaming, and IGN has made it available in its entirely for your reading pleasure. »
Coral Eurobet Introduces MATCH Technology
16 August 2000
On August 13, Coral Eurobet launched its self-proclaimed world's first interactive, real-time, person-to-person football betting site at www.play2match.com. »
The IGN Data Hub - Aug 16, 2000
16 August 2000
In our zealous attempt to provide relief for potential information overload, condensed several industry-related surveys and research findings into a more digestible form for your reading pleasure.»
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