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iGaming News Page 931

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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.»
Brown Indictment
19 June 2000
During calendar year 1997, in the Northern District of California, County of Santa Clara, and elsewhere, the defendant DAVID BROWN, did willfully attempt to...»
Details on the Handa-Lopez Indictments
19 June 2000
Sixteen months of investigation, highlighted by a police raid in May 1999, has resulted in two indictments against Handa Lopez, Inc. (HLI) and two of the company's executives, David Brown of California and Raymond Clark of British Columbia. IGN has obtained copies of the two indictments.»
I-Gaming Investors Corner (June 12-16)
19 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.»
Complaint Against AWI Could Be Resolved by Late July
18 June 2000
It's business as usual at the moment for American Wagering, Inc., a Nevada-licensed sportsbook operator that has found itself under a tremendous amount of pressure of late. Aside from facing the prospect of U.S. Congress legislating sports wagering companies into the ground , the company still awaits a hearing in which the Nevada Gaming Commission would rule on a complaint filed against the company by the Gaming Control Board in December 1999. »
The Latest from the House
16 June 2000
The Telecommunications, Trade and Consumer Protection Subcommittee of the House Commerce Committee met at 11 a.m. yesterday to discuss H.R. 3125, the Internet Gambling Prohibition Act. Overall, the hearing seemed to raise far more questions that it answered. A lot of issues clearly need to be resolved before the bill goes to the House for a vote.»
Credit Cards and RICO
16 June 2000
Attorney Paul Hugel and Professor Joe Kelly recently co-authored a paper covering the the various Internet gambling credit card cases. Kelly presented the paper last week at the 11th International Conference on Gambling and Risk-Taking in Las Vegas. You can also view the article online at Interactive Gaming News.»
Nambling Notes - Jun 16, 2000
16 June 2000
In this week's Nambling Notes: The House readies for testimony on the Internet Gambling Funding Prohibition Act, A big-time booboo for William Hill, more success for Casino on Net, a new venture for Victor Chandler and more.»
California Court Indicts Brown, Clark, Handa Lopez
16 June 2000
While politicians in Washington D.C. battle over the Internet Gambling Prohibition Act, another kind of legal drama is being played out in California. The ongoing investigation into the alleged illegal betting activity of the individuals who ran gaming software firm Handa Lopez, nearly 13 months after their Sunnyvale offices were raided, came to head yesterday when a two-count indictment against the two individuals as well as the company was filed in a San Jose Federal Court. Named in the indictment are Handa Lopez David Brown and Raymond Clark.»
McAllister Resigns
15 June 2000
Gyneth McAllister, the Antigua Director of Offshore Gaming, told IGN today that she has officially resigned her position effective June 16, 2000. During her tenure, McAllister saw Antigua become the largest interactive gaming licensing jurisdiction, issuing more than 80 virtual casino or sportsbook licenses. A spokesperson for Prime Minister Lester Bird's office, however, indicated that the PM hasn't yet received her resignation.»
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