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Sunday, 9 August 2026
iGaming News Page 927
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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.
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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)
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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Contempt Charges against Texas AG Are Thrown out of Court
12 September 2000
Contempt charges against Texas state Attorney General John Cornyn and two members of his staff were overturned Friday by the 1st Court of Appeals. The charges stem from an ongoing investigation of MonetizeMedia.com, whose offices were raided in late June during an investigation of the company's business dealings with Internet gambling sites.
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The 'Norms' of IT Contracting
12 September 2000
The world of computers and information technology (IT) has developed some unusual norms in warranties and allocating risk. In other industries, they might seem absurd, but not in IT. As long as you understand the significance of the way IT contracts are done, you can come to a fair deal.
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Cyber Ramblings - Sep 12, 2000
12 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 voice e-mail service, troubles for Net advertising-reliant firms, high-tech refrigerators, interactive TV, e-commerce for mobile phones and hand-held planners, Australia's network investments, secure debit cards and an Internet standards roundtable.
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Taking the Audit Trai
11 September 2000
Although Internet gambling keeps growing, some issues that scare away even more customers are yet to be resolved. The customers' main concerns:
Are Net gambling sites safe? Honest? Reliable? Are the odds fair?
To address such apprehensions, gaming site operators need to reassure players that their sites are legitimate, that the play is honest and that payouts are handled in a timely manner. Among the ways an online gaming site can establish credibility is by having its software tested or audited.
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I-Gaming Investors Corner (Sep 4-8)
11 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.
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Future of UK Lottery Remains a Mystery
8 September 2000
Camelot and The People's Lottery, the two finalists for rights to run the U.K. National Lottery, can both attest to the believe that "getting there is half the battle." A number of problems have hindered the two companies in their continued fight to win the coveted licensing rights.
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Clout in Washington
8 September 2000
It's a long way from Civics 101 to reality in how this country is governed, but fortunately there is a daily refresher course: the United States Congress. Yesterday was a prime example. The majority leader of the Senate, Trent Lott, tried to schedule a debate on the lingering legislation to ban Las Vegas from betting on college sports. Supported by the NCAA and the two principal backers of such legislation, senators Sam Brownback of Kansas and John McCain of Arizona, Lott proposed two hours of debate starting on Sept. 26.
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Nambling Notes - Sep 8, 2000
8 September 2000
In this week's Nambling Notes: The future for Harrah's in the online gambling business looks pretty darn good, a new promoter for Larry Holmes, Starnet foresees an end to the war with LV Casinos in the near future, speculation on World Cup 2002 wagering and more.
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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.
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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.
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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.
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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.
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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.
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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.
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