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iGaming News Page 944

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The Big Game and the Big Picture
7 February 2000
This story started out as a look at how the mainstream media generally ignores online gambling until the big games come around, like last week's Super Bowl. It's considered the biggest one-day betting event of the year, whether customers are betting virtually or with a Vegas bookie. The real story, however, is how well online sportsbooks are doing in comparison to their bricks-and-mortar counterparts.»
Enough is Enough, Says NY Comptroller
7 February 2000
The state of New York hasn't taken too kindly to Internet gambling. Consider the 21 offshore sportsbooks stung in '98, the ruling against World Interactive Gaming Corp. in '99 and the numerous prohibitory bills introduced in both the House and the Senate, and the preceding fact becomes a colossal understatement. But wait, there's more. New York State Comptroller H. Carl McCall issued a 60-page report Friday calling for a moratorium on the expansion of gambling in the Empire State. Naturally, Internet gambling was among his biggest concerns.»
Dealing with Insecurity
6 February 2000
Internet experts recently detected a Web security hole that works across virtually all Web servers and browsers. Dubbed "cross-site scripting", the glaring hole has brought together the federally funded Computer Emergency Response Team (CERT) Coordination Center at Carnegie Mellon University, as well as numerous Web server and browser vendors, in an effort to quickly disperse information and solve the problem.»
The Most Common Mistakes Found in Business Plans
6 February 2000
Is your company's business plan all that it needs to be? There are loads of sub-par plans out there for which a number of consistent shortcomings can be blamed. Most of the common pitfalls can be easily avoided. Daniel M. McGilvery of the Business Planning Institute explains how.»
U.S. v. Meghrouni, Shaver and Hoss Ltd., Inc.
4 February 2000
Beginning in 1995 and continuing through at least Spring 1998, in the Eastern District of Missouri, the Central District of California, the Middle District of Florida, the Northern District of Georgia, the District of Nevada, the Cayman Islands, Antigua, the Netherlands Antilles, the Turks and Caicos Islands, the Republic of Ireland, the Isle of Man, and elsewhere...»
Nature of the Offenses
4 February 2000
The defendants, independently, understand that the offenses charged in the Information to which they are pleading guilty have the following elements:»
MGM Grand's Lanni Joins Youbet.com
4 February 2000
The gap between traditional and interactive gaming in the United States has widened in recent months thanks to investigations of American Wagering Inc. and Youbet.com as well as a warning from the Nevada Gaming Control Board to slot machine manufacturer International Game Technology. It was only a matter of time, however, before someone came along to lay down another bridge.»
Nambling Notes - Feb. 4, 2000
4 February 2000
In this week's Nambling Notes: the Public Sector Gaming Study Commission hashes out a draft report, Online Gaming Systems attempts penetration Down Under, darkness continues to fall on the age of credit betting, Hong Kong mulls Net betting policy, the taxation debate stays hot in the U.K. and more.»
Global Net Wins Rights to Venezuela Lottery
4 February 2000
Global Net (Barbados) Inc., a subsidiary of Global Net Entertainment Corp., has signed a letter of intent with WorldWide Satellite of Venezuela, to jointly own and operate the Venezuelan national lottery.»
U.K. Bookmakers' Committee Pleads for a Tax Break
3 February 2000
On January 28, the United Kingdom's Bookmakers' Committee of the Horseracing Betting Levy Board issued an urgent call for reduction of the U.K. betting duty.. The Committee, which represents the entire U.K. bookmaking industry, recommends lowering the duty to 3 percent from the current rate of 6.75 percent and has sent the Treasury reports commissioned from Europe Economics and independent consultancies MMD Ltd.»
Tools of the Trade - Feb. 3, 2000
3 February 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.»
U.S. Attorney Press Release
3 February 2000
Capping an initial phase of federal undercover and financial investigations into offshore sports bookmakers whose activities violate federal tax and anti-racketeering laws, Audrey Fleissig, U.S. Attorney for the Eastern District of Missouri, announced today that two California individuals and a Nevada corporation have just pleaded guilty in the U.S. District Court for the Eastern District of Missouri to multiple federal felonies, agreed to forfeit millions of dollars in assets, and agreed to pay millions of dollars in back taxes, interest and penalties.»
A New Hub for Net Betting Prosecutions?
3 February 2000
While World Sports Exchange's Jay Cohen awaits his February 14 trial for allegedly violating the Federal Interstate Wire Act in the Southern District of New York in 1998, a second case has opened--and shut--in the Eastern District of Missouri. The proprietors of Paradise Casino, an Internet and telephone sportbook, pleaded guilty on January 26 in a St. Louis federal court to charges of violating the Wire Wager Act, money laundering and endeavoring to impair or obstruct the IRS Administration of the Internal Revenue Code. According to the prosecutor, Assistant U.S Attorney Mike Fagan, the case could be the first of many to be heard in St. Louis.»
IGC Introduces New Staffing Line-Up
2 February 2000
The Interactive Gaming Council (IGC), the leading association representing the online gambling industry, today announced two appointments that will lead the Internet gaming industry through a new phase of expansion.»
A Closer Look at Cybersquatting
2 February 2000
A recent dispute between a number of Las Vegas casinos and the operator of an online hotel reservation service has once again thrust the recently passed Anti-Cybersquatting Protection Act into the spotlight. IGN's Vicky Nolan examines the variables of this case as well as a few other cybersquatting lawsuits in an article that seeks to unscramble the pandemonium in U.S. courts following the law's passage.»
The IGN Data Hub - Feb 2, 2000
2 February 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.»
Online Gambling Regulations for Tasmania
1 February 2000
Now that online gambling has received the official green light in Tasmania, the Tasmanian Gaming Commission has made available licensing application forms for potential licensees. We managed to get our hands on them, and that means you've managed to get your hands on them too, that is, if you're an IGN subscriber.»
MDI Entertainment Bets on a Lottery Exemption
1 February 2000
Will Internet lotteries be legal in the United States? While the question has yet to be answered by Congress, the word from Washington is that prohibitive legislation will probably include a loophole that would permit them. MDI Entertainment, which just dropped load of money to buy The Lottery Channel, is betting on such a loophole.»
A Smarter Smart Card?
31 January 2000
A smart card system currently being developed will enable punters to place bets using remote devices such as personal computers, cellular phones and palm organizers. The system is called Kaosc, which stands for "killer applications on smart cards" and is being developed with the gambling industry in mind.»
Net Jurisdiction
31 January 2000
It seems like a simple enough question: "If my company has a website, and a dispute arises from something having to do with that website, in what courts may my company be expected to defend itself if it's sued?"»
An IGN Q & A: Michael Jackson
30 January 2000
Poker.com came onto the scene last summer as a burgeoning gambling software supplier with a lot of promise. Six months later, the company is well on its way to fulfilling that promise. Thanks to two successfully implemented software licensing schemes, a solid marketing plan and a highly trafficked online portal, CEO Michael Jackson projects they'll be the largest software provider on the Internet within the next four or five months.»
Nambling Notes - Jan. 30, 2000
30 January 2000
In this week's Nambling Notes: More controversy in Queensland, an opportunity for webmasters courtesty of Casino.com, Poker.com remains of the move and NASA gets in the mood for giving.»
Denver Group to Offer Worldwide Lottery
27 January 2000
A Denver-based corporation called International Financial Group Holdings, Inc. (IFGH) has received permission by the government of St. Kitts-Nevis to develop an international lottery. The company is currently engaged in obtaining the necessary hardware, software and business licenses.»
William Hill Offshore Launches
27 January 2000
British bookmaker William Hill yesterday launched its new offshore telephone account betting service by giving away free mobile phones to the first 10,000 people to place bets with the new service. And the bookmaking firm's customers will pay a mandatory deduction of just three percent to cover administrative charges, rather than the current standard nine percent betting tax in English betting shops or over the telephone. »
The IGN Data Hub - Jan 27, 2000
27 January 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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