iGaming News Page 966

Law of the Republic of Kalmykia
12 April 1999
IGN Reported last month that Kalmykia, a member republic of the Russian Federation, introduced the first know law in Russia to recognize Internet gambling. It was drafted by a law firm called John Tiner & Partners and it passed on March 9, 1999. The following is an English translation of the law.»
A New Twist to Playing the Dow
12 April 1999
If the stock market isn't crazy enough already, an offshore Internet sports book is now taking bets on the daily ups and downs of the Dow Jones industrial average.»
Lasseters Land Casino Goes Live Online
12 April 1999
Australia has become the first "First World" country to put its money where its mouth is and go live with a cyber casino operated to the same standards as applied to those in the real world. The Northern Territory Government Regulator finally signed off the 54 kilograms of test data on April 9, verifying that the new Lasseters online Casino had met the demanding requirements for this relatively new form of casino operations.»
WorldNet Casinos Signs its First 'Casino Partner'
9 April 1999
Gaming software developer WorldNet Casinos has inked the first deal for its "Casino Partners" program. The agreement calls for Simulator Systems, a publicly traded company, to operate "Casino Pirata," an online casino.»
Net Gaming No Longer a Topic of Debate for NGISC
9 April 1999
The National Gambling Impact Study Commission met in Washington D.C. April 7-8 to prepare for the delivery of its final report in June. Forty minutes were set aside for Internet gaming, but the Commission needed little more than 40 seconds to address the issue.»
Bingo.com Announces U.S. $5 Million Financing
9 April 1999
Bingo.com, developer of the world's first free "Bingo-based" Email community, has arranged a private placement of U.S. $5 Million. It will consist of 416,668 units at a price of $12 per unit.»
A User-friendly Way to Profile Customers
7 April 1999
Axtive Software Corporation, a leading provider of relationship marketing software and services, has introduced a website personalization application designed to enable small to large enterprises to build individualized relationships with their customers, prospects and business partners via the Internet.»
Youbet.com Completes $36.7 Million in Financing
7 April 1999
Youbet.com has received $36.7 million in new financing through U.S. Bancorp Libra, a division of U.S. Investments, which raised the funds through a private placement of 11 percent, five-year convertible notes with a group of institutional investors.»
New Entry in Racing on TV
7 April 1999
A new venture has joined the race to provide fans with television of North American racing through a subscription-based racing video service.»
Two Worlds, Two Casinos
6 April 1999
Cyberdealer Network Inc. launched two online casinos today--one with a space station theme, the other with a mysterious east theme. The software was designed by Playwave Online, Inc.»
Don't Blame the Judges
6 April 1999
Legislatures and voters may make the laws, but judges have to decide what those laws mean in actual, real-world controversies.»
Casino Galaxy to Host Beauty Pageant
6 April 1999
Competition is getting fierce in the cyber gaming industry, and operators are finding it necessary to step up their efforts in promotions. And what do they have to show for it? … Girls.»
More Celebrity Casinos in Store for Starnet
5 April 1999
Starnet is taking the bull by the horns with its celebrity casino campaign. A few weeks after launching its Larry Holmes and Bubba Smith online casinos, the company announced that its subsidiary, World Gaming Services Inc., has signed an agreement with ISM Marketing Corp. to develop celebrity themed gaming sites.»
A Glance at California Legislation
5 April 1999
Center stage on the Net gambling prohibition front has belonged to Arizona Senator Jon Kyl since he introduced his bill in 1997. Much less conspicuously there are a few legislators here and there trying to pass laws on the state level as well. Last week IGN looked at a bills being considered in the New York State Senate; this week, it's off to California.»
Is Competition Healthy in Australia?
5 April 1999
It's yet another example of the accelerated crisscrossing of the online and traditional gaming industries. Casino Journal's National Gaming Summary, a publication that itself exemplifies this crisscrossing, reports that representatives of the Australian gaming industry are asking for deregulation in order to compete with the online gaming industry.»
Bizarro Kyl?
5 April 1999
If Jon Kyl were to dig a hole from his office in Washington D.C., and he kept digging until he saw daylight, there's a slight possibility--if he doesn't starve, suffocate or melt like a marshmallow in the bubbling magma that froths violently beneath the earth's surface--that he would end up in the office of South Australia Senator Grant Chapman. It would be quite a different world there--one with dingoes, koalas and a really big rock--but he would also find some similarities.»
Legal Issues Regarding Defective Software
3 April 1999
It's a nightmare scenario. You're charged with heading-up a major custom software modification project for your business. When it's delivered, it's not what you expected. Maybe, it's buggy or slow. Possibly, it takes too many keystrokes to handle basic functions. Whatever it is, you're taking the heat at the office. If you didn't get yourself a well-written contract on the front-end, maybe you've earned the heat when you don't get well-written software on the back end. Possibly, there's some poetic symmetry here.»
ESPN Makes Life Difficult for CBS
2 April 1999
As the phenomenon of Internet gambling gains widespread global attention, the mainstream media are slowly discovering that the “Wild West” industry has a few corporate ties here and there.»
AIE Debuts ICE Upgrade
2 April 1999
Atlantic International Entertainment announced this week that Version 2.2 of its ICETM (Interactive Casino ExtensionTM) gaming software has been released.»
A New Casino by Boss Media
2 April 1999
Sunset Casino, the seventh licensee of Boss Media, was launched this week amid high expectations from both the company and online betters.»
NGISC Meeting Agenda
1 April 1999
The National Gambling Impact Study Commission report subcommittee will meet in Washington D.C. on April 7-8 to discuss the potential contents of the Commission's final report. Internet gambling will be discussed on the morning of the 8th. The final report is scheduled to be released to the President, Congress, state governors and tribal leaders on June 18, 1999.»
Youbet.com Signs with OJC
1 April 1999
Youbet.com, Inc. and the Ontario Jockey Club have come to terms on a non-exclusive agreement to offer live online horseracing and wagering on all races from Woodbine (Toronto, Canada) and Mohawk (Campbellville, Canada).»
Total Entertainment and IGF Complete Alliance
31 March 1999
Total Entertainment Inc. (TTLN) has signed its anticipated agreement with Independent Growth Finders Inc. (IGF) to form "Dragongaming.com," a joint venture corporation that will serve the Asia Pacific online gaming and e-commerce Industry.»
An Update on New York Legislation
31 March 1999
As the Kyl Bill takes the main stage in the U.S. Senate, New York State legislators are having a look at a bill that addresses Internet gaming on the state level. The bill, S2044, came out of committee yesterday and is ready for voting.»
Smarty Goes Online
31 March 1999
SmartDisk Corporation, a company that designs and enhances miniature media and smart cards, has integrated its Smarty(R) smart card reader/writer with online gaming, bringing its capabilities to personal computers.»