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iGaming News Page 957

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An Interview with Gyneth McAllister
2 August 1999
More than 40 jurisdiction spanning the globe provide licensing for Internet gambling, but only the Caribbean country of Antigua and Barbuda can claim to be the first. Find out what's happening today in the country where it all began, as IGN presents a RealAudio interview with Publisher Sue Schneider and Antigua Director of Offshore Gaming Gyneth McAllister. Whatever questions go unanswered can be posed to McAllister in a real-time online chat room on August 4. This Desktop Conference is available to visitors for purchase and free to IGN subscribers. (Click here to listen to a free sample clip.)»
Regulation or Prohibition in Illinois?
2 August 1999
Internet gambling is apparently a hot issue among Illinois State legislators. Shortly after Senate Bill 0004, a measure prohibiting businesses in that state from taking bets online, was signed by Governor Ryan, the word out of the House Representatives was that Minority Leader Lee Daniels, R-Elmhurst, wants a legislative panel to study the increasing popularity of online gaming.»
Spineless Americans Can't Get Enough Speed
2 August 1999
Millions of Americans don't have access to the emerging industry of e-commerce because government regulations have slowed installation of the high-speed Internet backbone, according to a report released by iAdvance (www.iadvance.org).»
Youbet.com Stock Dips
1 August 1999
Youbet.com's stock dropped to its lowest level of the year last week, dipping as low as 8.0 on Friday before finally closing at 8 1/8. The stock, which opened the week at 9 13/16, had reached 17.87 earlier this year. Its lowest point prior to last week's slide was 8.87.»
NetBet Becomes sportingbet.com
1 August 1999
Attaching '.com' to your company name has proven to be a wise move for many Internet business of late seeking the attention of tech stock gobbling investors. British online sports betting operation NetBet (UK) plc became the latest company to join the club Friday as shareholders agreed to change the company name to sportingbet.com (UK) plc.»
British Encryption Bill Faces Protest
1 August 1999
Officials in London finally released details last week of an encryption bill several months in the works in Great Britain. The legislation, known as the Electronic Communications Bill (ECB), was immediately the target of heavy criticism.»
Another Year, Another Continent
1 August 1999
Intertops, an Austrian online sportsbook which moved its operations to Antigua in 1997, is reportedly seeking to relocate again, this time to Australia.»
Ramos Opinion (NY v. WIGC)
30 July 1999
Interactive Gaming News has received a copy of the opinion, issued by Manhattan Supreme Court Justice Charles Edward Ramos, for the lawsuit regarding the legality World Interactive Gaming Corp.'s website.»
Ramos Opinion (continued)
30 July 1999
Interactive Gaming News has received a copy of the opinion, issued by Manhattan Supreme Court Justice Charles Edward Ramos, for the lawsuit regarding the legality World Interactive Gaming Corp.'s website.»
Statement of Lester Bird to Jeanette Hyde (1996)
30 July 1999
I have the honor to acknowledge receipt of Your Excellency's Note No: 109 of today's date, which reads as follows:»
Testimony of Lester B. Bird before the U.S. House of Representatives
30 July 1999
I'm taking the opportunity of the presentation of this Bill to amend the Money Laundering (Prevention) Act to make a statement about the future of the Offshore Financial Services Sector.»
FinCEN Advisory, April 1999, Issue 11
30 July 1999
Subject: Enhanced Scrutiny for Transactions Involving Antigua and Barbuda»
Money Laundering (Prevention) Act, 1996
30 July 1999
AN ACT to make provisions for the prevention of money laundering and to provide for matters connected therewith or incidental thereto.»
Money Laundering (Prevention) (Amendment) Act, 1999
30 July 1999
AN ACT to amend the Money Laundering (Prevention) Act, 1996 (No. 9 of 1996).»
International Business Corporations (Amendment) Act, 1998
30 July 1999
AN ACT to amend the International Business Corporations Act, Cap. 222., of Antigua and Barbuda.»
International Business Corporations (Amendment) Act, 1998 (Continued)
30 July 1999
AN ACT to amend the International Business Corporations Act, Cap. 222., of Antigua and Barbuda.»
Money Laundering Prevention in Antigua
30 July 1999
Last week, Interactive Gaming News reported on recent activities regarding relations between the United States and Antigua and Barbuda. The U.S., unsatisfied with Antigua's money laundering prevention policy, warned banks and other financial institutions about conducting financial transactions routed into or out of Antigua and Barbuda. Since then, Antigua has assembled an effort to amend its policy. IGN has collected documentation of Antigua's money laundering and business legislation, testimony of Prime Minister Lester Bird and the United States Treasury Department advisory. »
Net Advertising on the Rise
30 July 1999
A new report by the Myers Group, a media and advertising market research firm, estimates that online ad spending will reach $32 billion and make up eight percent of the U.S. advertising market by 2005, surpassing even the loftiest forecasts to date.»
Linux and Open Source Software
29 July 1999
The "open-source" software movement is changing the rules by which we're used to playing. You don't have to be a "techie" to appreciate the significance of this movement.»
Bingo.com Flips the Switch
29 July 1999
After several months of hype, preparation and anticipation, Bingo.com, developer of an elaborate online bingo community, announced Wednesday that it is has initiated real-money wagering for its live bingo game.»
A Shortage of Feet for NGISC Mouths
28 July 1999
Mouthpieces for the National Gambling Impact Study Commission often seem to have words coming out of all sides. In an interview published in the July 19 edition of Casino Journal's gaming industry newsletter, National Gaming Summary, panel member Richard C. Leone expressed that the Commission was against prohibition--a gross contradiction to its recommended policy toward Internet gambling.»
Net Companies Increasingly Opt for Web Host Outsourcing
28 July 1999
Companies are increasingly outsourcing their Web hosting services and have opted to pressure their current host companies to add features and services instead of switching providers, a new survey of 1,000 U.S. businesses found.»
Las Vegas Casino and Starnet Come to Blows
27 July 1999
The past week was a relatively quiet period for the interactive gaming corner of cyberspace: no breakthrough technology to re-revolutionize the Internet, not much to write home about from camp Kyl and no major new lawsuits to speak of. Then, an online casino operator called Las Vegas Casino, Inc. released quite a bomb from the calm sky over downtown Vancouver onto the bustling headquarters of software supplier Starnet Communications.»
New York Judge Rules Against Net Gambling
27 July 1999
Online gambling took a hit Monday when the New York state Supreme Court ruled that an Internet casino with servers based in Antigua violated U.S. law by accepting wagers from state residents.»
If You Build It, They Will Stop… Hopefully
27 July 1999
Illinois Governor George Ryan has put his signature on a bill that prohibits companies based in that state from operating websites that offer wagering.»
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