Wednesday, 24 June 2026

iGaming News Page 959

Previous | Next
Michael Shagan on Internet Gambling
16 July 1999
Michael D. Shagan, an attorney and full-time consultant with 28 years of experience in the racing and wagering industries, submitted testimony before the Public Sector Gaming Study Commission in Charlotte, North Carolina on June 18.»
Belize Jumps Back into the Action
16 July 1999
Three years ago, the country of Belize passed an act to legalize Internet gambling and provide a safe jurisdiction for online gaming businesses. The intended revolutionary gambling haven never materialized, however, because companies were able to operate much less expensively in nearby Caribbean jurisdictions. That is, until recent developments which could lead to companies flocking to the country where it (almost) all began.»
MasterCard to Adopt Net Betting Policy
16 July 1999
In the wake of a legal settlement between a California resident and MasterCard International regarding the enforceability of Internet gambling debts, MasterCard has announced that its planning to implement a new set of rules governing Internet casino transactions.»
A Roundup of State Legislation
15 July 1999
While the U.S. Senate fumbles with the pros and cons of Internet gambling prohibition, a lot is happening on the state level. Here's a roundup of current state legislation…»
Tropika Launches Two New Casinos
15 July 1999
Tropika International has added two online gaming sites to its portfolio: Bulls 'n Bears Casino and Flying Dragon Casino. The company can now boast the launch of 12 Internet casinos since March.»
From Hedgehogs to Horses
15 July 1999
After years of feeding mind numbing entertainment to callous-thumbed video game zombies, Sega Enterprises Ltd. is setting its sites on the online gaming market. The company has reportedly signed a deal with the Japan Racing Association (JRA) to jointly operate a system for taking horseracing bets online via Sega's DreamCast home-use game machines.»
With the Web, How Big is Big?
14 July 1999
If searching the World Wide Web for that one nugget of information already seems like a bad trip into a jungle of data, Internet experts have some bad news: The situation is getting worse.»
You (Won't) Bet on Hollywood Park
14 July 1999
The power struggle is heating up between North America's two leading interactive horse racing providers, You Bet and Television Games Network (TVG). Over the weekend, Hollywood Park, Inc. dropped You Bet's service and signed up with TVG.»
Kyl Bill too Much for ISPs
13 July 1999
While every red-blooded Luddite in the United States might be waiting for Arizona Sen. Jon Kyl to announce a bid for the presidency, he's not so popular with other groups interested in technology. Some question the enforceability of Kyl's prize legislation, the Internet Gambling Prohibition Act, particularly the fact that the version passed by the Senate Judiciary Committee places much of the burden of enforcement squarely on the shoulders of Internet service providers (ISPs), some of whom say the job is all but impossible.»
TVG and Source Market Fees
12 July 1999
A report in yesterday's on-line Thorougbred Times said that Television Games Network (TVG) and the National Thoroughbred Racing Assn. (NTRA) have agreed on a "memo of understanding" that would prevent any racetrack not a member of the NTRA from collecting source market fees on wagering conducted through TVG.»
Australian Book Sets Sights on the Net
12 July 1999
Australia-based Internet gambling company eBet Ltd. has registered an A$10 million (US$6.66 million) share offer as part of a drive to boost market penetration and further develop its online sports betting technology.»
And Behind Door No. 5,638…
9 July 1999
GIC Global Intertainment Corporation, the operator of www.cyberbetz.com, this week became the latest company to flank its online wagering site with a traffic funnel packed with gambling-related content. The company announced today the launching of a new website with sports betting information and tactfully scattered links to other GIC websites, including Cyberbetz.»
A Merchant Category Code for Net Betting
9 July 1999
Online gaming has been issued a merchant category code (MCC) by Visa International Service Association (Visa). The code (MCC 7995) will be used to designate "quasi cash," which would apply, for instance, to the use of Visa cards to purchase casino chips online.»
Bargain Banners
8 July 1999
Small businesses, including those in the online gaming industry, now have the opportunity to place advertising banners on the Excite Network for as little as $100. MSNTM LinkExchange (www.linkexchange.com) will be offering this service, allowing businesses to target audiences through specific categories, including autos, classifieds, education, entertainment, games, money and investment, sports and weather.»
CATO Policy Analysis Criticizes NGISC
8 July 1999
In response to the National Gambling Impact Study Commission's final report issued on June 18, The Cato Institute published a Policy Analysis which criticizes the panel for failing to consider the risks of government intervention.»
Gambling America: Balancing the Risks of Gambling and Its Regulation
8 July 1999
Americans, it would seem, are all gamblers now. Opportunities abound, from state and interstate lotteries to the traditional contests of horses and greyhounds and in all manner of casinos-Indian or commercial, on land or on water, or just online. But while more and more consumers embrace their freedom to wager, a determined few are agitating to turn back the clock.»
FYI: The Web is Pretty Darn Popular
8 July 1999
By the end of 1999, 130.6 million people worldwide will be active Internet users, estimates eGlobal Report, released by eMarketer (www.emarkter.com). This year alone, 35.2 million people are expected to enter the realm of the Internet.»
Intercapital Canada Warms up to AIE
7 July 1999
Online gaming software developer Atlantic International Entertainment, Ltd., AIE has entered into a license agreement providing multiple Bingo Blast systems and a Lotto Magic system to Intercapital Canada, Ltee, a subsidiary of Total Entertainment Inc. The games will be offered at various Intercapital websites. »
Omicron on the Move
7 July 1999
Omicron Technologies, Inc., a publicly held Miami-based technology company that arrived on the Net gaming scene last month upon completing a licensing agreement with Global Interactive Ltd., is making an effort to establish itself as a serious player in the industry.»
Andros Gets Busy
6 July 1999
It's been quite a week for Andros Hotels & Casinos. The publicly held company, which plans to develop a casino, resort and theme park in the Bahamas, has bought an online casino, signifying yet another entity with interests in both traditional and virtual gaming. It also bought a resort in the Caribbean, signed an agreement with Net World Marketing, Inc. and announced that it is changing its stock symbol.»
Another British Invasion
6 July 1999
Sportingbet.com, the online sportsbook operated by Mark Blandford, officially launched its attack on the North American market Monday by becoming the fist British Internet betting company to offer regular National Football League lines. It's also the only tax-free sports betting company based in the British Isles.»
E-Commerce Blossoms in Latin America
5 July 1999
According to the International Data Corporation (IDC), spending on Web commerce in Latin America reached nearly U.S. $167 million in 1998, an increase of 361 percent over 1997. In 1998, regional Web commerce spending grew rapidly as new consumer Web users dabbled in Web purchasing and corporations began to roll out their business-to-business commerce solutions.»
eWatch Has Got Your Back
5 July 1999
Part of operating a successful business is adjusting and reacting tactfully when someone tries to knock you off your horse, and your presence on the Internet makes you an easy target for adversaries who are lining up to take potshots at you. Defamation is rampant on the Web, and damage control is vital, so it would do you a world of good to find someone to cover your back. The solution could be eWatch, a service that combs the Internet for negative material posted about your company.»
ABS Report Confirms Australians' Thirst for Gambling
4 July 1999
Australian adults spend an average of $736 (US$478) each a year on gambling. A social trends survey by the Australian Bureau of Statistics (ABS) reports that in the fiscal year of 1996-97, Australians spent US$6.5 billion, or 3 percent of their household disposable income, on gambling.»
GGNC Adds 10 New Games
4 July 1999
Dominica-based online casino operator GIC Global Intertainment Corp. (GGNC) has added 10 new games to its Internet casino, Cyberbetz.com. The site now offers 25 games, plus its "CashSplash" progressive jackpot.»
Previous | Next