iGaming News Page 933

Raising Venture Capita
9 March 2000
Venture capital--it's the Holy Grail in the dot com world. This week, we begin what will be an increasing focus on helping you find money to make your business go.»
Tools of the Trade - Mar. 9, 2000
9 March 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 Thursday, IGN publishes a new medley of blips and blurbs about e-business solutions that could be useful to you.»
U.S. House Hearing - March 9, 2000
9 March 2000
It was a big day in Washington for Internet gambling. The House of Representatives heard testimony on Rep. Bob Goodlatte's Internet gambling prohibition bill, a companion piece to Sen. Jon Kyl's act which has already passed in the Senate. In coming days, Interactive Gaming news will post written versions of the testimonies. The first two installments are here and available for your reading pleasure.»
Canadian Pair Charged in U.S.
8 March 2000
A pair of Canadians whose company gambled on hitting it rich in the lottery business have been charged with stealing $32 million (U.S.) from an American bank. »
Virginia Judge Gives U.S. Jurisdiction over Entire World
8 March 2000
I reported last Friday that United States law, contrary to the beliefs of many U.S. justice and legislative officials, does not apply to the rest of the world when it comes to adjudicating Internet matters. A judge in Virginia, however, disagrees. Through a ruling on a cybersquatting lawsuit, District Court Judge (for the Eastern District of Virginia) Albert Byan has opened a can of worms--worms with very sharp teeth.»
The Race Betting Revolution Is Coming
8 March 2000
TrackPower Inc. is joining Penn National Gaming and eBet Limited to establish an integrated broadcasting, telephone and online pari-mutuel wagering company. Upon its completion, Penn National and eBet will each own approximately 26.5 percent of TrackPower.»
The IGN Data Hub - Mar 8, 2000
8 March 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.»
A Good Lot of Testifiers
7 March 2000
You probably knew that the House of Representatives is scheduled to hear testimony this week on Rep. Bob Goodlatte's Internet gambling prohibition act, but did you know who's slotted to testify? Following is a list of those who will speak on March 9...»
Global Net Announces Bingo Dea
7 March 2000
Global Net Entertainment has entered a joint venture agreement with Noram Gaming and Entertainment Co. to build and manage traditional, television and online Internet bingo operations internationally. The two companies plan to initially co-develop the first traditional bingo operation in the Kingdom of Cambodia using Global's present joint venture license agreement with the Royal Group, and then pursue ventures in other nations. Global already is developing a national online and Internet lottery in Cambodia.»
Are Your Customers Laundering Money?
7 March 2000
How often do Net betting customers use your gaming site to launder money? Many Internet gambling opponents would have you believe that it happens frequently, but does it?»
A Breakdown of the VC Decision
6 March 2000
Gerald Gouriet explains why the Court of Appeal overturned the Victor Chandler ruling and what it means to the European online gaming industry.»
SF2273
6 March 2000
A bill for an act relating to Internet gambling; requiring study of costs and benefits.»
HF3876
6 March 2000
A bill for an act relating to Internet gambling; requiring study of costs and benefits.»
Minnesota Progress Report
6 March 2000
While the rest of the U.S. strives toward banning online gambling, the state of Minnesota is taking a different approach. You may recall a bill calling for study of Internet gambling as a potential resource for the state was introduced in the Senate in May of 1999. Last month, a companion bill was introduced in the house.»
Another Day, Another Round
6 March 2000
What the heck is happening in the U.K.? Rumor has it that the government is considering legislation that would prevent its citizens from betting with offshore betting sites. Typically, British punters bet offshore to avoid paying the 6.75 percent betting duty that's tacked onto wagers in Britain.»
A New British Lottery Is on the Horizon
6 March 2000
eLot Inc. and Global Technologies Ltd. (GTL) have partnered to introduce a new charitable lottery--the UK Charity Lottery--to the $12 billion U.K. lottery industry. Additionally, eLot and GTL signed a strategic agreement to facilitate and develop e-commerce sales and technologies of lottery and other governmental authorized gaming related products.»
Contracting via the Click
3 March 2000
The Uniform Computer Information Transaction Act (UCITA) is a 350-page proposed new law. It's an industry-driven attempt to make it easier for software companies to license and sell their software. Basically, it's traditional commercial law with a digital twist.»
Nambling Notes - Mar. 3, 2000
3 March 2000
This week's Nambling Notes: Crypto readies for Nasdaq trading, judgement is a mirage for AWI, fallout from the Victor Chandler decision, Totalbet stays onshore, a new online dog betting service, Coral prepares to float and more.»
Is Tote on Course for Privatization?
3 March 2000
British government officials are making big waves for the U.K. betting industry. Plenty of news has rocked the industry's boat this week--none more than the High Court's decision against offshore bookmaker Victor Chandler. Yesterday, the Home Office announced that the Tote, the state owned pari-mutuel betting service, will likely be sold to a trust put together by the racing industry. Additionally, the Home Office said that the Horserace Betting Levy Board and the levy system should be abolished.»
IGC Releases Statement on Cohen Verdict
2 March 2000
The Interactive Gaming Council issued the following statement regarding the Monday's verdict in the Jay Cohen trial.»
Louisiana Opinion Number 99-301
2 March 2000
Dear Mr. Jones:
This office is in receipt of your request for an opinion regarding the broadcasting of casino table games.
»
Letter to the Louisiana AG
2 March 2000
Dear Attorney General Ieyoub,
I am in receipt of your opinion letter to Ouachita Parish Parish District Attorney Jerry Jones dated 2/11/00.
»
Louisiana AG: 'I Don't Think So'
2 March 2000
IGN reported yesterday that an Antigua-based company, Mardi Gras Holding Group, Inc, has launched a campaign advocating the legalization of online gambling in the United States. The company solicited the opinion of Louisiana Attorney General Ieyoub regarding its plan to broadcast live casino games over the Internet and received one February 11.»
Tools of the Trade - Mar. 2, 2000
2 March 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 will publish a new medley of blips and blurbs about e-business solutions that could be useful to you.»
Another Piece of the Puzzle for Next Generation
2 March 2000
Next Generation Gaming has taken the next step on its path to being recognized worldwide as an independent design studio specialising in games for online casinos by inking a deal with venture capital firm Entertainment Media Ventures.»