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iGaming News Page 922

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The Nightmare Continues for MonetizeMedia
9 October 2000
Although all money, computers and original documents seized during a June raid have been returned, the Texas Attorney General's office has turned over the investigation of MonetizeMedia.com to the U.S. Justice Department. On Friday a Texas judge signed an unopposed motion, which allowed for the return of the all seized items. Attorney General John Cornyn, however, has kept a copy of documents and materials from the company's hard drives. MonetizeMedia has been targeted for investigation following allegations that it was illegally involved in Internet gambling.»
Offshore under Fire - The Antiguan Experience
6 October 2000
Gary D. Collins, a legal consultant to the International Financial Sector Regulatory Authority and the Chairman of Antigua's the Betting and Gaming Committee as well as a consultant to the Prime Minister of Antigua, has submitted the following editorial outlining Antigua's position amid global commerce. . .»
Stanley Expands Its Reach
6 October 2000
Upscale British gaming operator Stanley Leisure has launched its newest online bookmaking site operating out of the U.K. The site, stanleybet.co.uk, joins the company's other online gambling operations, including stanleybet.com, a bookmaking site licensed in Malta, and Dominican licensed online casinos stanleyacropolis.com, avaloncasinos.com, and the upcoming crockfordscasinos.com.»
Nambling Notes - Oct 6, 2000
6 October 2000
In this week's Nambling Notes: Another week for Rep. Goodlatte, an update on Jay Cohen's pending appeal, a new suite of table poker software, continued chaos for the U.K. National Lottery, another plea for lowering the British betting tax and more.»
One-Size-Fits-All Approach to Tech Contracts Will Fail
5 October 2000
Horribly written contracts for tech deals cross my desk every day. They are lawsuits waiting to happen.»
Transcripts from Moratorium Discussions
5 October 2000
Whether an Internet gambling moratorium will become law is the big question for Australian Net betting operators. In early September, the Environment, Communication, Information Technology and The Arts Committee for the Australian Senate issued a report supporting the proposed moratorium. Before making that decision, the committee received 30 written submissions and heard testimony from 23 witnesses during a public hearing on August 25. IGN has obtained a copy of the testimony given to the committee for your reading pleasure.»
Tools of the Trade - Oct 5, 2000
5 October 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 Ideas for a New Century
4 October 2000
As the U.S. House of Representatives again considers whether Internet gambling should be banned, several groups on both sides of the issue are clamoring to add their views. According to "New Ideas for A New Century," recently published by The Century Foundation, online gambling promotes addiction through easy accessibility and presents potential for criminal abuse. In the brief, the group calls for the federal government to enforce a ban on Internet gambling within the United States.»
The IGN Data Hub - Oct 4, 2000
4 October 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.»
eBay to Goodlatte: 'Watch Your Language!'
4 October 2000
Who knew that execs from eBay, proprietors of the world's biggest and best known Internet auction, were worried about Internet gambling prohibition? While the connection may be indirect, the company's efforts regarding the connection could set back Rep. Bob Goodlatte's in his hard-fought battle to get his Internet Gambling Prohibition Act passed in the House.»
A Wagering Perspective on the Sydney Games
3 October 2000
A world joined together for a brief moment of peace and glory is how many people see the Olympics. Historically, the start of the Olympic games signaled a brief respite from war while athletes competed in a different kind of battle. Olympic athletes were honored and respected, and the games became a source of unification and national pride. While the Olympic ideal has been battered and bruised over the years, one thing has remained steadfast: The Olympics have always been a hot ticket for punters.»
The Dogs Are Coming
3 October 2000
betinternet.com plc (betinternet), the Isle of Man-based international online and telephone betting service provider, this morning announced the forming of the Euro Off-Track Limited Partnership, a 50/50 partnership with Greyhound Channel, Inc. (GCI) that will enable punters from outside the U.S. to bet directly into U.S. totes, which will offer live broadcasts of U.S. greyhound and thoroughbred horse racing from more than 30 tracks. GCI already provides live greyhound racing content to The Racing Network and an Internet tote service. »
Cyber Ramblings - Oct 3, 2000
3 October 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week's batch covers new Internet controls by the Chinese government (including a policy for Internet gambling), the proposal of a new TLD, a new group is formed to fight online credit card fraud, plus more.»
No Account Betting in California
2 October 2000
The possibility of legalized Internet betting on horse races in California failed with the stroke of a pen. Governor Gray Davis vetoed AB 2760, a bill that would have allowed Internet betting on horseracing in the Golden State, on Saturday. Supporters of the legislation saw Internet betting as an opportunity to recoup losses following the introduction of Indian casinos in California.»
Net Betting Debuts in Argentina
2 October 2000
Toronto-based gaming software developer CryptoLogic Inc. today introduced licensee Casinos del Norte S.A. as the first Internet casino to be licensed and regulated in Argentina. The Argentinean company joins a select few land-based casino operators to operate a virtual casino, including Lasseters, Pigs Peak Casino and a few others.»
I-Gaming Investors Corner (Sep 25-29)
2 October 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.»
No Bet Site for CHRB Chair
1 October 2000
The chairman of the California Horse Racing Board (CHRB) is dropping plans to begin an Internet wagering business because it might be perceived as a conflict of interest, according to a story in the Los Angeles Times. Robert Tourtelot, a Los Angeles attorney and chairman of the CHRB, made the announcement in Pomona at the end of the board's regular monthly meeting.»
Coe Accessed Gambling Websites
29 September 2000
Records show the state attorney had used his office computer to visit the Internet sites despite his denials.
Originally published Sept. 29, 2000 in the St. Petersburg Times. »
The LiveBet Philosophy: Give Customers What They Want
29 September 2000
Building an online betting site can be tricky, especially if the operator has contracted an outside company to build the software and site. The reasons behind these problems vary, as each party in the agreement views the task of creating the end product differently. Ask several operators what they believe are the most important factors and you'll receive a variety of answers, depending upon what they perceive the software should do, as well as what services are expected from the software developer. The developer, meanwhile, has a different view of what the important features are for a gambling software package and how to develop that package for the client. These often opposing viewpoints can lead to friction between the developer and the client. Such problems, however, are less likely for software developer LiveBet Online and its clients. The South African company's approach is to create sports betting software developed to the customers' specifications instead of the developers' idea of how it should operate.»
Nambling Notes - Sep 29, 2000
29 September 2000
In this week's Nambling Notes: Penn National agrees to be a wagering hub for PlayandWin's bingo-style Racingo pari-mutuel betting game, two Australian operators break software licensing deals with GET, a Caribbean lottery begins selling tickets online, two execs from a formerly public online gambling company are convicted of fraud, Littlewoods debuts a charitable lottery and more.»
IGC Unveils 'Seal of Approval' Program
28 September 2000
The Interactive Gaming Council Canada (IGC) has begun live implementation of its new "Seal of Approval" program, which aims to enable operators of gaming websites to verify their commitment to fair, honest and responsible gaming.»
FinCEN Releases E-gaming, E-commerce Findings
28 September 2000
To better understand the relationship between interactive gambling and the various payment systems available, the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of Treasury, has just issued a report, "A Survey of Electronic Cash, Electronic Banking and Internet Gaming."»
Project Scope Creep
28 September 2000
Have you ever had the feeling that your outsourced tech project would never stop growing? Have you ever felt like it'll never be finished? Your project may be suffering from "scope creep." »
Tools of the Trade - Sep 28, 2000
28 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 help you strengthen your e-business.»
eLottery Serves up 8 Million Players
27 September 2000
eLOT, Inc., a company committed to leading American lotteries into the e-commerce market, announced today that its eLottery, Inc. subsidiary will offer state lotteries to access to its proprietary opt-in database of over 8 million players.»
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