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iGaming News Page 948

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Queensland Auditor-General Delivers Gocorp Report
30 September 1999
Chaos has been prevalent in Queensland since the government's integrity came under fire this summer amid a scandal involving conflicting interests in the issuance of an online gambling license to Gocorp. Reports by the Criminal Justice Commission and Auditor-General could serve as building blocks toward restoring order. IGN has obtained a copy of the Auditor-General's report.»
Go Time for GIC and Post Time Sports
30 September 1999
The redundantly redundantly named GIC Global Intertainment Corporation revealed Wednesday that it has taken Post Time Sports, Ltd. to court for reneging an agreement, signed April 28, in which GIC was to acquire Post Time.»
eConnect Will Test ATM-Based Wagering System in November
30 September 1999
E-commerce solutions provider eConnect is targeting November as a test date for a hardware device that will allow computer users to deposit funds into their betting accounts by swiping an ATM card.»
Fla. Firm Attempts to One-Up SS
30 September 1999
A Florida-based transaction security provider is claiming that the Secure Socket Layer (SSL) protocol is susceptible to criminal attacks that could cost investors and companies millions of dollars. The firm, Digital Bond, also claims that it has developed superior technology.»
A Big Year for ADS
29 September 1999
A recent study by The Strategis Group predicts that the usage of a ADSL in North America as a standard for Internet data transmission in 1999 will exceed the usage in 1998 by 900 percent.»
Kay James Saving the Nation
29 September 1999
Some people wrongly downplay gambling as a minor issue amid other American troubles like crime and homelessness. So says Kay Coles James, who headed the National Gambling Impact Study Commission for the past two years.»
Should Missouri Courts Have Jurisdiction over Idaho Businesses?
28 September 1999
Judges in the United States have apparently made up their minds that online wagering occurs on the computers of the players instead of the servers where the games originate. Last week, a U.S. district court judge decided that the case in which Missouri Attorney General Jay Nixon is trying to prevent an online lottery based in Idaho from accepting bets from customers in Missouri will be heard in a Missouri court.»
San Diego Law Firm Accidentally Sues its Own Client
28 September 1999
The San Diego law firm Milberg Weiss Bershad Hynes & Lerach LLP, one of America's fiercest practitioners of class-action lawsuits, was breaking some serious ground when it filed charges against Nintendo of America and two other companies for offering illegal gambling to children. That is, until it learned it was suing its own client.»
Global Entertainment Will Tell You Where to Bet
27 September 1999
Global Entertainment Holdings/Equities Inc. announced Thursday the acquisition of San Francisco-based Prevail Online Inc., an Internet products and services company focusing on the Internet gaming and wagering industry. Prevail Online is best known for its highly successful gambling portal site, "Where to Bet."»
China's Getting More Wired by the Minute
27 September 1999
A recent survey conducted by the Chinese edition of Fortune Magazine reveals once again that the Internet is going to be huge in China, and more sooner than later. Not only are the percentages of people who use the Internet steadily growing, but those don't use it have indicated that they plan to in the future.»
Missouri Wins Net Battle
25 September 1999
A federal judge has sided with Missouri officials who want to stop Idaho's Coeur d'Alene Indian tribe from offering gambling over the Internet.»
Amendment to Kyl Surfaces
25 September 1999
New Jersey Sen. Robert Torricelli, with the support of a number of New Jersey racing interests, has introduced an amendment to the Internet Gambling Prohibition Act of 1999 (S.692), commonly known as the Kyl bill.»
ICrystal Encounters Online 'Love Connection'
24 September 1999
A few weeks removed from the birth of a new identity, ICrystal Inc. continues to break ground. Shortly after changing its name from Softnet Industries Inc. to ICrystal Inc. in August, the company announced the purchase of Metrobingo Inc. This week, it signed a couple of licensees. »
Omicron Stays Aggressive
24 September 1999
Omicron Technologies, Inc. and its gaming licensing subsidiary, MaXuM Entertainment Ltd. announced this week the signing of four Internet casino licensing agreements totaling $1.2 million in initial licensing fees. Ongoing royalty revenue will be 25 percent to 35 percent of the gross revenues generated from each Internet Casino. The company's master plan is to sublicense over 50 Internet casinos within the next six months. Its projected revenues from the sub-licensees is more than $30 million per year.»
Nambling Notes - Sept. 24, 1999
24 September 1999
News is falling from the sky like rain and the editorial department at IGN is running around with buckets collected a tidbits, blips and blurbs for your reading pleasure. Here are a few morsels of industry news to keep that ferocious appetite satisfied.»
Nielsen//NetRatings to Track Internet Audiences
23 September 1999
ACNielsen Corporation and NetRatings, Inc. are setting out to establish a worldwide industry standard for tracking Internet audiences, activity and advertising.»
MIT Has Answers
23 September 1999
The Kahnawake Mohawk Nation of Quebec unveiled plans last week for establishing itself as a tax-free Internet gambling licensing jurisdiction. This week, Interactive Gaming News takes a closer look at the company providing Internet services and at the facilities available to licensees.»
Troubles Continue for Starnet
23 September 1999
The nightmare summer for Starnet Communications International Inc. continues to linger. The company announced Monday that it has served former licensee Claude Levy with a defamation lawsuit. Today it announced that it has failed block a judge's decision to freeze two of the company's bank accounts.»
Could Net Betting Save the NHL?
22 September 1999
ESPN Reported over the weekend that the National Hockey League (NHL) might look to gambling revenues as a solution to the financial woes of its six Canadian franchises.»
New York Decision Stems Beyond Online Gambling
21 September 1999
The repercussions of July's New York Supreme Court decision against World Interactive Gaming Corp. (WIGC) could end up being more serious than originally feared. According to a recent report by KPMG, the ruling could stand as a precedent for the taxing of e-commerce transactions.»
New Jersey Conference to Explore Compulsive Gambling Issues
21 September 1999
More than 150 professionals specializing in the treatment and prevention of addicted gamblers will gather September 23-24 to discuss compulsive gambling--including evidence indicating many of those with gambling disorders also have substance abuse problems. »
A European Endeavor for Starnet
21 September 1999
Amid its legal woes of late, Starnet Communications switched to the offensive Monday, announcing that it has successfully served former licensee Claude Levy with a defamation law suit in Belgium for what the company calls "patently false, malicious statements" published by the defendant. »
Youbet.com Signs AXCIS
20 September 1999
Online interactive wagering pioneer Youbet.com, Inc. announced it has formed a strategic relationship with AXCIS Information Network, Inc. for the distribution of harness racing information to users of Youbet.com's online horse racing network.»
California Authorities Pay WWW Casinos a Visit
20 September 1999
The Summer of raids has taken yet another victim. This time around the police came knocking on the doors of the World Wide Web Casinos Inc. offices in Garden Grove, California.»
New Mexico AG Successfully Stomps Net Raffle
20 September 1999
New Mexico Attorney General Patricia Madrid is claiming victory over a company that was selling tickets for a charitable raffle over the Internet. Interactive Gaming News has obtained a copy of the official statement issued by Madrid's office.»
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