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iGaming News Page 965

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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.»
An Evolving Situation in Great Britain
26 July 1999
Bookmaker Victor Chandler walked away in victory from a high court case against Customs and Excise in Great Britain, stirring fears that many will turn to offshore gambling instead of wagering in Britain and keeping the money in the country. Meanwhile, the Gaming Board of Great Britain warns that online gaming sites could be used by criminals to launder money and rip off gamblers.»
Global Entertainment Debuts Online Casino Software
23 July 1999
Global Entertainment Holdings/Equities Inc., an experienced producer of online sportsbook systems, officially plunged into the cyber casino biz Wednesday upon announcing the highly anticipated debut of its online casino gaming software.»
NGISC to Be Discussed at Vegas Show in September
23 July 1999
The aftermath of the National Gambling Impact Study Commission (NGISC) will be spotlighted at a panel discussion, moderated by American Gaming Association President and CEO Frank Fahrenkopf Jr., on the second day of the 13th annual World Gaming Congress and Expo being held in Las Vegas, Sept. 14 - 16.»
Money Laundering (Prevention) (Amendment) Act, 1998
23 July 1999
AN ACT to amend the Money Laundering (Prevention) Act, 1996 (No. 9 of 1996)»
The Latest from Down Under
23 July 1999
The IGN Desktop Conference with Publisher Sue Schneider and Lasseters casino execs Peter Bridge and David Ohlson is now available for purchase here at Interactive Gaming News. Topics include Internet gaming regulation in Australia, player protection, the future and Lasseters' presence in the industry. Plus, anyone who purchase the conference and has questions of their own about Lasseters or online gaming in Australia can participate in a real-time chat session with Peter Bridge and David Ohlson on July 26, 5:30 p.m. EST. IGN subscribers can access the conference as well as the chat for free. [Listen to a sample clip from this Desktop Conference]»
Omicron Purchases Bingo Software
23 July 1999
Omicron Technologies, Inc. continues to aggressively solidify its presence in the online gaming industry. The company announced this week that it has acquired the bingo operations of Belize-based Kaleidoscope International Ltd. The software is being purchased for 250,000 restricted common shares of Omicron.»
Antigua Strives to Remain No. 1
22 July 1999
The rejuvenated country of Antigua has thrived for the past three years as the world's most attractive offshore Internet gaming haven. In recent months, however, competition from other virtual gaming jurisdictions and a warning from the U.S. Treasury Department have manifested a necessity for change. At a glance, it appears that the Island's government is up to the task.»
One Class Clown Who Ain't So Popular
22 July 1999
According to approval ratings published July 20 in The Washington Times, Arizona Senator Jon Kyl, proud papa of the Internet Gambling Prohibition Act, might want to start thinking about finding a new line of work.»
Total Entertainment to Debut Bingo Blast
22 July 1999
Total Entertainment has announced that all online casinos owned by its wholly owned subsidiary, Intercapital Global Fund Ltd., will begin offering Bingo Blast, the first in a series of new multi-player casino games.»
Starnet Introduces Six New Licensees
22 July 1999
Six more companies have recently entered into agreements with Softec Systems Caribbean Inc., to license Starnet Communications International Inc.'s Internet gaming technologies.»
Boss Adds Another Three
21 July 1999
Boss Media, a Sweden-based online casino software provider, has been contracted to deliver three new licensed casinos by this fall. The company now has eight licensed casinos, five of which were sold in the first half of 1999.»
Nielsen//NetRatings Introduces Internet Advertising Index
21 July 1999
Neilsen Media, the well known, highly comprehensive worldwide media ratings service, is whipping out a new measuring stick designed to gauge Internet advertising. The company announced today the establishment of the "Internet Advertising Index," a joint effort with NetRatings, Inc. that provides researchers and analysts with a new tool for tracking changes in Internet advertising activity over time.»
The Coming Revolution
21 July 1999
Victor Chandler, the highly publicized English bookmaker who told the recent Global Internet Conference in Vancouver that he plans to become "bookie to the world," now plans a November launch of his online service from a Gibraltar tax haven.»
A Draft Report on the Kyl Bil
21 July 1999
It's been weeks since we've seen any action in Washington on Arizona Senator Jon Kyl's Internet Gambling Prohibition Act. Is no news good news or is this the calm before the storm? Upon overturning stones on Capitol Hill, however, we managed to get our hands on a copy of the Senate Judiciary Committee's draft report on the bill.»
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