iGaming News Page 965

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.»
An Ad Outlet
20 June 1999
An Ohio-based company called AdOutlet.com has introduced a business-to-business service that enables Web publishers to fill unsold ad space and offers media buyers discounts on advertising of up to 80 percent. »
Intertops Cashes in on the Bizarre
20 June 1999
Intertops, one of the Web's longest running sports betting services, has made a name for itself, in part, by delivering ample opportunities to make unusual wagers. Its latest exotic offering, for instance, is a bet on whether Michael Jordan will rejoin the NBA.»
AGTOA Dogs Commission
18 June 1999
In the great spirit of the "last-but-not-least" mentality, officials of the American Greyhound Track Operators Association (AGTOA) urged members of Congress on Wednesday to reject the report of the National Gambling Impact Study Commission (NGISC), which is due to be delivered today.»
Licensing of Let It Ride for Internet Use Explored
18 June 1999
The creator of "Let It Ride," is no longer going to let it slide. Shufflemaster, which has patented the popular casino game, wants cyber casinos that feature the game to be required to purchase the rights.»
NGISC Delivers Final Report
18 June 1999
The National Gambling Impact Study Commission issued its final report today. As expected, the panel recommended the complete prohibition of Internet gambling.»
Star City Accepts Second Tabcorp Offer
18 June 1999
Since having its takeover bid rejected by Sydney, Australia-based Star Casino, Tabcorp Holdings has rebounded with a new offer, worth $30 million more than the original, that has reportedly been accepted.»
E-business Highlighted at San Jose Conference
17 June 1999
More than 50 e-business practitioners congregated in San Jose June 8-10 to discuss how companies can increase productivity, enhance customer service, reduce supplier costs and empower employees at the eBusiness Conference and Expo.»
Two Cyber Casinos Arrive, Four on the Way
17 June 1999
It's been a big week for new faces and places on the Internet gaming scene. Software developers Starnet Communications and Chartwell Technologies each introduced two new licensees while cyber casino operator Tropika International launched two new casinos.»
Kyl Bill Reported Out of Judiciary Committee
17 June 1999
The Internet Gambling Prohibition Act (Kyl bill) was reported out of the full Senate Judiciary Committee this morning, but not unscathed. A number of concerns were voiced by some of the Committee members.»