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iGaming News Page 923

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Cyber Ramblings - Jun 27, 2000
27 June 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 development in interactive TV as well as Internet policies in the U.S., China and Russia.»
Michigan Legalizes Online Gambling?
26 June 2000
Whittier Law School Professor of Law I. Nelson Rose argues in a paper presented at an ALI-ABA Conference that the state of Michigan may have inadvertently legalized online gambling. According to Rose, SB 562, a cyber crime bill passed in January, gives operators of licensed gambling facilities the green light to offer their services over the Internet.»
A New Line of Help
26 June 2000
Game Planit Interactive Corp. and E-Commerce Architects, Inc., owner of Problemgambling.com, have jointly developed a new line of responsible gaming products that are now available to online gaming sites. The "Safe@play Partners Program," is a suite of problem gambling services that includes online training modules, real-time assistance and more. Players access the Safe@play Program using a link on partnered gaming sites.»
I-Gaming Investors Corner (June 19-23)
26 June 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. This week, IGN takes a closer look at small cap i-gaming stocks.»
Who Needs Horses?
23 June 2000
Nearly any form of entertainment can be converted to an entirely "virtual" offering over the Internet, and another example of that truth has arrived in the form new of horse racing software by Horsepower Network.Com Inc., a subsidiary of Sungold Entertainment Corp. The company is preparing to debut a new online game that will have bettors to wagering on horse races that lack one very important element: the horses. »
Nambling Notes - Jun 23, 2000
23 June 2000
In this week's Nambling Notes: A new Internet gambling jurisdiction, Lanni leaves YouBet.com, a billion-dollar online lottery, new software for Go Call, the SEC investigates StockGeneration and more.»
Visa Ditches SET
22 June 2000
Visa USA has dumped the difficult-to-implement SET (Secure Electronic Transaction) specification for Internet credit card transactions. Instead, the credit card company will take part in Visa International's newly announced "Secure e-Commerce Initiative" to leverage improvements in technology and best practices to proved greater security and authentication for global e-commerce transactions. Visa USA, however, will implement the initiative differently than the rest of the world. While most Visa merchants will still use SET as part of the new initiative, Visa USA will instead use SSL (Server Socket Layer).»
House Testimony: Gregory A. Baer
22 June 2000
Mr. Chairman, Ranking Member LaFalce, and members of the Committee, thank you for the opportunity to present the Treasury Department's views on H.R. 4419, the Internet Gambling Funding Prohibition Act.»
House Testimony: Kevin DiGregory
22 June 2000
Thank you, Mr. Chairman and Members of the Committee for providing me this opportunity to provide the Department of Justice's views on Internet gambling and H.R. 4419, the "Internet Gambling Funding Prohibition Act." H.R. 4419 would prohibit persons engaged in gambling businesses from accepting payment in virtually any form in connection with Internet gambling. »
House Testimony: Alan Kesner
22 June 2000
In 1996, the National Association of Attorneys General issued its first report on the topic of gambling on the Internet. I chaired that staff working group, and continue to chair the group today. In the mid 1990s, we found less than 25 web sites actually offering real gambling for money over the Internet. The technology utilized at that time for individuals to browse the World Wide Web was in its infancy. The passage of time has made this activity more attractive to consumers. »
House Testimony: Richard Leone
22 June 2000
Chairman Leach, members of the Committee, thank you for the invitation to appear. The comments that I offer today are personal, reflecting my service as a member of the National Gambling Impact Study Commission (NGISC), my experience in government, including a term as State Treasurer of New Jersey, my years in the financial industry, including a period as president of a commodity futures exchange, and my time teaching public finance at Princeton University.»
House Testimony: Daniel Neste
22 June 2000
Thank you for the opportunity to testify on behalf of the National Collegiate Athletic Association (NCAA) and to share with you the problems related to Internet gambling among our nation's college students. The NCAA is a membership organization consisting of nearly 1,000 universities and colleges and is devoted to the regulation and promotion of intercollegiate athletics for over 330,000 male and female student-athletes.»
More from the House
22 June 2000
Two panels presented their views on the Internet Gambling Funding Prohibition Act (HR 4419) Tuesday before the U.S. Committee on Banking and Financial Services. IGN has gathered the witnesses' written testimonies for your reading pleasure.»
Tools of the Trade - June 22
22 June 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.»
Conflict Stirs Again Down Under as Another U.S. Player Takes the Dive
21 June 2000
The parliament for Australia's Norfolk Island yesterday announced the issuing of an online gaming license to uBET.com, a subsidiary of U.S.-based game developer Silicon Gaming Inc. The development isn't sitting well with the federal government.»
A Second Round of Testimony in the House
21 June 2000
The U.S. House Banking Committee held a hearing Tuesday to discuss and debate the Internet Gambling Funding Prohibition Act. Like last week's Commerce Committee hearing on the Goodlatte Bill, many questions remain unanswered.»
The IGN Data Hub - Jun 21, 2000
21 June 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.»
British Horseracing Board Seeks Compensation from William Hil
21 June 2000
William Hill executives might be busy setting up new offices in Antigua for their online bookmaking operations, but a few lingering problems keep calling them back to Britain. The British Horseracing Board (BHB) says that it has begun legal proceedings in March against William Hill for obtaining pre-race data from the BHB's database for use on the bookmaker's Internet betting site.»
Technology Insurance
20 June 2000
Well, the hurricane season is here again. Your business probably has insurance in place for hurricanes, but do you have insurance for a computer disaster, or what we might call a "Technology Twister."»
Cyber Ramblings - Jun 20, 2000
20 June 2000
Every week, Interactive Gaming News churns through a roundup of important Internet and technology-related worldwide news. This week's inaugural batch covers new policies in the U.S., the E.U. and Thailand.»
Putting a Stop to Internet Gambling
20 June 2000
U.S Rep. Bob Goodlatte, sponsor of the Internet Gambling Prohibition Act, wrote the following article, which appeared yesterday in USA Today...»
Land-based Caribbean Casino Builds a Bridge
20 June 2000
Excelsior Casino, a land-based casino in Aruba, has launched a virtual casino offering real-money play, becoming the self-proclaimed first land-based casino from the Western Hemisphere to offer Internet gaming. Excelsior joins the likes of Lasseters and Federal Hotels by adding virtual gaming to its land-based facility. The new site is licensed in Belize and offers players cash, prizes and trips.»
NSW TAB Provides Attractive Innovations for Interactive Bettors
19 June 2000
Australia is home to more gamblers than more most nations, and the country's quench for gambling has long been filled by various state or territorial TABs, such as the one in New South Wales. How popular is gambling in Australia? According to a recent gambling study, eight out of 10 Australians have gambled in the last year.»
Next up for the House: 4419
19 June 2000
The U.S. House hearing on H.R. 4419 (the banking bill introduced by Reps. Leach and LaFalce) is set for 10:00 a.m. tomorrow. The witnesses are as follows...»
Handa-Lopez Indictment
19 June 2000
HANDA-LOPEZ, INC., World Wide Multimedia, Inc, and Scylinx, Corporation, A.V.V. (hereinafter "HANDA-LOPEZ"), were associated businesses with offices located at 457 E. Evelyn Avenue, Suite E, Sunnyvale, California. HANDA-LOPEZ was in the business of operating interstate and international lnternet gambling web sites and sold gambling software from its office in Sunnydale, California. At differing times, HANDA-LOPEZ employed approximately 10 persons.»
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