Thursday, 4 June 2026

iGaming News Page 957

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NGISC Criticism from Oz
1 July 1999
The operators of Alice Springs-based Lasseters online casino, the first excursion of a land-based casino into the virtual gaming industry, had a few words to say last week about the recently issued National Gambling Impact Study Commission report. Looking beyond the obvious faults in the NGISC's recommendations for domestic policy, Lasseters pointed out the existence of another minute overlooked detail: The rest of the freakin' world.»
Interactive Horse Betting Tidbits
1 July 1999
Everyone agrees that the interactive pari-mutuel industry will become enormous in coming months, but how it all will shake out is still anyone's guess. If you're trying to stay on top of things, be sure not to blink, because new pieces of the puzzle are falling in place faster than you can say "Kyl bill exemption." This week, You Bet, TrackPower, TVG and Starnet are all on the move.»
Streaming Media Ads Could Be the Ticket
30 June 1999
A recent study by Arbitron NewMedia and Northstar Interactive indicates that the rate at which streaming media audiences interact with online information and advertising is surprisingly high.»
Another Player Enters the Mix
30 June 1999
Planet City Corp, an Arizona-based software developer, became the latest publicly traded company to enter the online gambling industry when it announced the launching of its Internet gaming division Tuesday. The first offering from the new sector is Planet City Casino, which is expected to go live in the next week or two.»
A Seminar on the Legal Aspects of Y2K
30 June 1999
Mark Grossman, an attorney specializing in Internet law and a regular contributor to Interactive Gaming News, will be teaching a two-day seminar on the law surrounding the Y2K computer problem July 19-20 in Toronto. The focus: "If you've got the technical side nailed, now's the time to focus on the legal."»
TVG to Debut July 14
30 June 1999
Television Games Network has announced it will launch its interactive racing channel July 14, with 12 hours of live racing and 12 hours of other features including polo, steeplechases, hunters and jumpers, merchandising and "anything to celebrate the horse."»
How Much Does Youbet.com Weigh?
30 June 1999
We soon may find out. A new 12-week study by Christiansen/Cummings Associates will determine how online wagering affects local horse racing markets, using data from Youbet.com and the Maryland Jockey Club.»
E-Casino Becomes E-Vegas
29 June 1999
E-Casino Gaming Corporation, a Costa Rica-based Internet gaming business, is finalizing the plans to change its name to E-Vegas.com, Inc.TM.»
Department of Justice Criticizes Kyl Bil
28 June 1999
The U.S. Department of Justice has been highly critical of Arizona Senator Jon Kyl's Internet Gambling Prohibition Act. Upon the bill's escape from the Judiciary Committee earlier this month, acting Assistant Attorney General Jon. P. Jennings outlined the department's concerns in a letter to Judiciary Committee Chairman Orrin G. Hatch.»
CyberTip: A Review of Timeslips
28 June 1999
If your profession relies upon careful entering of time and activities (lawyers and accountants are two obvious examples), you should consider using Timeslips (Version 9, Level 2), a software product by Sage U.S., Inc.»
TVG Launch Party
27 June 1999
The National Digital Television Center (NDTC) in West Los Angeles was the site for Friday's launch party and media briefing for the TV Games Network. The plan is to have the channel operating in Kentucky by July 1. »
IGC Moves Forward with Risk Management Database
27 June 1999
Riptide Technologies Inc., a Vancouver-based technology company, has been selected by the Interactive Gaming Council (IGC) to develop the interactive gaming industry's first industry-wide comprehensive transaction risk management database service. The service will be available to Internet gambling operators and others by the Fall of 1999.»
AIE Introduces Closed-Loop Betting System
25 June 1999
Atlantic International Entertainment, Ltd. (AIE) has taken a big step toward preparing itself for life beyond Internet prohibition in the U.S. The veteran online gaming software developer, soon to be known as Online Gaming Systems Ltd., just introduced a closed-loop(hole) betting network in an effort to provide interactive wagering that is legal in the U.S.»
Commission Probes Taxation
25 June 1999
The Internet cannot remain tax-free forever, the majority of the members of the Advisory Commission on Electronic Commerce decided Tuesday. The U.S. congressional Internet tax study panel was appointed to recommend a future tax policy for the Internet by April 2000. A three-year moratorium has already been imposed on new federal, state and local e-commerce taxes, which expires in October 2001.»
Singapore Strives to Facilitate E-Commerce
25 June 1999
The Associated Press reported Wednesday that Singapore is setting up a new institute to teach students e-commerce technical and management skills. The school is scheduled to open early next year.»
Credit Cards Online
24 June 1999
Electronic commerce or, as many call it, e-commerce, is here and growing rapidly. Buying goods and services over the Internet is something more people are doing for the first time everyday. In most cases, the preferred method of payment is the credit card. The problem, which is in some ways is more perceived than real, is credit card fraud.»
NJ Bill Heads to Full Senate
24 June 1999
In New Jersey, a bill to allow telephone account wagering and a limited number of off-track betting sites passed out of a Senate committee yesterday and will likely be taken up by the full Senate on Thursday, the last scheduled day of the legislative session.»
Prize Central Cashes in on Blackjack.com
23 June 1999
Blackjack.com is the latest gaming related domain name to sell for big bucks. Its previous owner, Prize Central Networks, sold it to an unannounced "Canadian investment firm" for $460,000.»
Some Additional NGISC Tidbits
23 June 1999
It was well known for months that the National Gambling Impact Study Commission was strongly in favor of prohibiting Internet gambling and with these sentiments came the assumption that the Commission supported the Kyl bill. During Friday's press conference upon the release of the final report, however, a few things were said that would indicate otherwise.»
AIE Announces Third Deal with ImperiaMedia
22 June 1999
Atlantic International Entertainment, Ltd. (AIE)has announced the third license its Internet Casino Extension (ICE) gaming software to Caribbean-based ImperiaMedia, Ltd. Revenue projected from the alliance exceeds $300,000 in up-front cash and royalty payments over the term of the agreement. The casino is expected to go live in July.»
The Ten Most Important Events In Gaming Law
22 June 1999
Years ending in zeros have magic powers. They make us do strange things. Like draw up lists. Of course, we do this whenever New Years draws near. But, the turning of a decade seems to have extra significance. So, we begin making our lists even earlier in the year.»
Kyl's Offensive
21 June 1999
Armed with the newly released final report of the National Gambling Impact Study Commission, Jon Kyl, Arizona's answer to Chicken Little, is on the offensive against the evils of Internet gambling. In a Washington Times commentary today, Kyl let's us all know that--you guessed it--the sky is falling!»
Gamesville.com Receives $14 Million in Venture Capital Financing
21 June 1999
Gamesville.com, Inc., the free online bingo site that's been "wasting your time since 1996," recently announced that it has received over $14 million in its first round of venture capital financing. Flatiron Partners was the lead investor and they were joined by SOFTBANK Technology Ventures, Highland Capital Partners and General Catalyst Internet Partners.»
TVG Receives Oregon License
21 June 1999
Television Games Network (TVG), the interactive racing channel that plans to launch July 1, was licensed on Friday by the Oregon Racing commission to operate an account wagering hub in the state. According to a report in Daily Racing Form, TVG plans to accept telephone wagers through the Oregon hub from "subscribers in any state where racing is legal."»
ACEC to Discuss E-Commerce Taxes Tonight
21 June 1999
The eyes of the electronic commerce community will be on the Advisory Commission on Electronic Commerce (ACEC), which is holding its first meeting this evening in Washington D.C. It is the first step in determining how Congress will treat the issue of taxing Internet transactions in the near future. The commission will be open to a variety of plans for how to handle Internet taxation.»
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