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iGaming News Page 934

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News from the Interactive Racing Front
23 May 2000
The Association of Racing Commissioners International announced at its meeting in Puerto Rico 10 days ago that it was forming an Internet/Off-Shore Betting Task Force. Meanwhile, Youbet.com amid its efforts to have its anti-competition legislation, isn't faring well on the market.»
New Gambling Software by Gambling Software
22 May 2000
Among several companies that specialize in Java-based Internet casino games, GamblingSoftware.com Inc. claims to be the first to successfully use the technology for a multi-player game. The company introduced its multi-player Pai Gow game, along with two new single-player games, May 10-12 at the Global Interactive Gaming Summit & Expo in Montreal.»
I-Gaming Investors Corner (May 15-19)
22 May 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.»
Defiant Aussie States Issue More Licenses
22 May 2000
With a federal moratorium on the issuing of new interactive gaming licenses looming in Australia, a few of the states and territories seem to be eager to hand out as many as possible while they still can. In particular, Tasmania and the Australian Capital Territories have issued several licenses in the past two weeks.»
Moratorium Down Under Creates a Battle of Words
22 May 2000
While no civil war has been declared in Australia... yet... the federal government has received defiant responses from most of the state and territorial governments regarding the proposed move to ban Internet gambling licenses from being issued.»
I-Gaming Companies Do it Backwards
19 May 2000
Looking for capital in all the wrong places? Obtaining financial resources to fund improvements or growth can be troublesome. Perhaps it's time to consider going public. Admittedly, it's not an easy step to take, and deciding how to accomplish it is equally difficult. The first assessment to make is whether to go the route of an initial public offering or via a reverse merger. For interactive gaming companies, the trend has been to get there via reverse merger.»
Nambling Notes - May 19, 2000
19 May 2000
In this week's Nambling Notes: The Net betting issue heats up on Capitol Hill, Enic makes a key acquisition, Jay Cohen receives a new sentencing date, Massachusetts continues to mull account wagering, more marriages between land-based and online operators, new gaming advancements for WAPs and more.»
Banks Sued Over Net Bet Debt
19 May 2000
MasterCard International Inc., American Express Co., and banks such as Chase Manhattan Corp. and MBNA America Bank, have engaged in illegal bookmaking operations by allowing customers to amass credit card debts at illegal on-line casinos, a series of lawsuits allege.»
Just When You Thought It Couldn't Get Any More Chaotic...
19 May 2000
Australian states and territories, with the exception of Western Australia and New South Wales, have chosen not to acknowledge a federally imposed moratorium on the issuing of Internet gaming licenses. So, the federal government has consequently introduced legislation to ban the issuing of new licenses during the next twelve months.»
Tools of the Trade - May 18, 2000
18 May 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.»
Success in Montreal
18 May 2000
We didn't think we could outdo "Vancouver 1999," but the 2000 Global Interactive Gaming Summit, held last week in Montreal, was even bigger and better. The prevailing theme for the week, although not necessarily by design, was the refreshingly amicable coexistence between the virtual and real-world gaming industries. In case you couldn't make it, here's a rundown of what you missed...»
SafeDebit - A Solution to the E-Gaming E-Commerce Conundrum?
17 May 2000
Last week's Global Interactive Gaming Summit in Montreal revealed that some exciting new customer payment methods are in the works, and they might replace credit cards. In particular, Steve Fein with Signature Card Services, a firm that provides merchant credit card processing services for e-cash merchants, is promoting an easily used PIN-based ATM/debit card system that works in real-time. Barring unforeseen events, the system should be available for use within 90 days. »
British Board Mulls the Future of Gaming in the U.K.
17 May 2000
Britain's Gambling Review Body is asking for written comments regarding the future of gambling in the U.K. The panel is studying both the current state of the gambling industry and likely developments over the next ten years, and will make recommendations on the nature and extent of regulation for gambling in the U.K.»
The IGN Data Hub - May 17, 2000
17 May 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.»
Poker.com Signs Bingo Deal with dot com Entertainment
16 May 2000
dot com Entertainment Group has announced the signing of a licensing deal with Poker.com subsidiary Casino Marketing S.A. of Costa Rica to develop and implement a turn-key Internet bingo system as well as a comprehensive support and maintenance pack for Poker.com licensees. Under the arrangement, Poker.com will add dot com's bingo software to its current Internet casino software technology, which it sublicenses to third party operators. »
New Jersey Opens the Forbidden Door
16 May 2000
For years, Nevada has had a stronghold on the American gaming market, and for years, New Jersey has searched for a way to grab a bigger piece of the pie. Could Internet gaming be the answer? A congressional committee will seek to answer this question at a hearing scheduled for later this month.»
MGM Grand Opens Fire on Alleged Cybersquatters
16 May 2000
Hotel/casino giant MGM Grand Inc. is aggressively seeking cybersquatting relief. The company has filed several suits in U.S. District Court against individuals and/or companies that reportedly own 26 infringing domain names in violation of the Anti-Cybersquatting Consumer Protection Act.»
Maine Says No to Account Wagering
15 May 2000
Maine Governor Angus King recently vetoed a bill that would have legalized telephone account wagering on harness races in the state of Maine. Whether the bill would have cleared the way for Internet wagering as well is questionable, however, such a debate is moot in light of the fact that legislators have sustained the veto. Still, we know you love to read legislative documents, so we've corralled a few just for you.»
HR 4419 IH
15 May 2000
To prevent the use of certain bank instruments for Internet gambling, and for other purposes.»
Details on HR 4419 IH
15 May 2000
U.S. representatives James Leach, John LaFalce and Richard Baker last week introduced a bill that serves as a companion to Rep. Goodlatte's Internet Gambling Prohibition Act. The new bill, HR 4419 IH (the Internet Gambling Funding Prohibition Act), prohibits the use of credit cards, debit cards, checks, bank drafts or electronic transfers to place bets, collect winnings or conduct gambling activities on the Internet.»
I-Gaming Investors Corner (May 8-12)
15 May 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.»
Make Way for Dr. Ho
15 May 2000
Macau casino mogul Stanley Ho has revealed plans of breaking into the online gaming business via a software deal with Canadian Internet company Eyeball.com. The partnership will develop an online casino that will allow players to communicate with real dealers via Eyeball.com's online face-to-face platform. The site, expected to launch this summer under an Antigua gaming license, will target punters in Asia and North America.»
An Analysis of HR 4419
15 May 2000
A Bill to prevent the use of certain bank instruments for Internet gambling, and for other purposes»
New Threats in Congress
12 May 2000
Another roadblock to Internet wagering was tossed into the hopper yesterday in Washington when congressmen James Leach of Iowa, John LaFalce of New York and Richard Baker of Louisiana introduced a bill to prohibit the use of credit cards, debit cards, checks, bank drafts or electronic transfers to place bets, collect winnings or conduct gambling activities on the Internet.»
AGS to Facilitate Online Sports Betting in Vietnam
12 May 2000
Applied Gaming Solutions (AGS) of Canada and Song Be Lottery Company (SBLC), the representative government authority for the 20southern lottery companies of Vietnam, have reached an agreement that could lead to a Vietnam-based government operated sportsbook.»
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