iGaming News Page 967

Penn National to Invade Your Living Room
4 May 1999
Penn National Gaming, Inc. and American Digital Communications Inc. have worked out a deal in which Penn National will serve as the exclusive U.S. wagering hub operator for the TrackPower direct-to-home pari-mutuel digital satellite service.»
100 Percent Legal Gambling On The Internet?
3 May 1999
Whittier Law School Professor of Law I. Nelson Rose takes a look at the classic definition of gambling and applies it to Internet gaming.»
Closure for Kerry Rogers?
3 May 1999
New York prosecutors last week dropped their criminal complaint against Kerry Rogers for his involvement with Winner's Way online sportsbook. This week his battle with the state of Minnesota came to a close as well.»
South African Company Increases Equity Position with AIE
3 May 1999
HCI, the investment company for the Mine Workers Union and South African Clothing Workers Union, has exercised it's option to purchase 1.1 million shares of Atlantic International Entertainment (AIE) from retiring non-executive Chairman Norman Hoskin for $2,223,870. With the purchase HCI share holdings increases to 2,361,935 shares, approximately 19 percent of total shares outstanding.»
Prohibition Bill Set for Mark-Up May 12
3 May 1999
The Internet Gambling Prohibition Act, sponsored by Senator Kyl from Arizona, is scheduled for "mark-up" in the Subcommittee on Terrorism, Technology and Government Information on Wednesday, May 12 (2PM or 2:30PM). The subcommittee is chaired by Senator Kyl himself. Mark-up means that changes to the bill will be discussed and voted on. Passage on to the full Senate Judiciary Committee is the next step and is anticipated in this case.»
A New Casino for Boss Media
2 May 1999
Leading casino software developer Boss Media has announced the debut of its latest Internet casino, "Jackpot Palace." The new site is designed in a regal style with an aim for attracting players seeking a "luxurious" experience. »
Cyberoad Goes Public
1 May 1999
Cyberoad.com Ltd., an Internet company that develops and manages distributed wide area network casino and sportsbook systems, announced this week the completion of a share exchange agreement that will result in a publicly traded parent company called Cyberoad.com Corporation.»
Now You can Play at Playboy
30 April 1999
Playboy Online and GalaxiWorld went live this week with their joint effort, Playboy Play 4 Fun Casino. The new site, which offers 28 casino games, including slots, video poker, black jack and roulette, does not accept real money wagers.»
More on the Pane
30 April 1999
Nevada Senator Richard Bryan charged yesterday that the National Gambling Impact Study Commission violated open meeting laws by discussing business behind closed doors twice this week. Chairwoman Kay James said that a 20-minute private session on Tuesday, and a 1-hour session Wednesday, were to discuss personnel and contracts, but that didn't mollify Bryan.»
Illinois Senate Bill 0004 Engrossed
30 April 1999
An amendment to the Criminal Code of 1961 that prohibits Internet gambling and establishes penalties.»
Illiniois Senate Amendment 001 (SB 0004)
30 April 1999
An amendment to Illinois Senate Bill 0004.»
Illinois Web Gaming Bill Cruises through House
30 April 1999
The Illinois State House of Representatives overwhelmingly passed a Senate bill yesterday that prohibits Internet gaming in that state. It's now bound for the Governor's office for final approval.»
Illinois Senate Bill 0004 Introduced
30 April 1999
Amends the Criminal Code of 1961. Prohibits Internet gambling. Establishes penalties.»
A Future Site for Online Lottery Ticket Sales
29 April 1999
Among the many exceptions included in the leaner, meaner 1999 version the Kyl Bill is the allowance of states to sell lottery tickets online. If the bill is passed, a company called Group V Corporation could be poised to reap the benefits.»
Furor and Fury at NGISC
29 April 1999
News bulletin! The National Gambling Impact Study Commission is split in trying to come up with a final draft for its June 18 report. Anyone in the house who expected anything different?»
Twinkle Twinkle Online Star
28 April 1999
At the Sydney Star City annual general meeting held in Sydney April 28, CEO Neil Gamble gave the clearest signal yet that Star City was becoming more serious about starting an Internet casino business.»
Winchester Mining Debuts Its First Casino
28 April 1999
Winchester Mining Corp., one of many companies to announce a contract to operate online gaming websites using Softec software, went live this week with its first site, Hollywood Casino & Sportsbook. The company will operate the new casino as a sublicensee of Global Interactive.»
NJ Kid Runs up a $3.2 Million Tab on the Net
28 April 1999
So far, the great fear of children using their parents' credit cards to bet online hasn't materialized in a documented case. Still, the old "Click the mouse, lose the house," scenario is indeed a reality.»
Internet Gambling: A Legal Crapshoot or a Sure Thing? (Part 2)
27 April 1999
Chicago attorney Michael J. Wagner delivers a report on how current and future laws apply to Internet gambling. Discussed are the Kyl Bill, state legislation, jurisdictional issues and court cases. The report, originally published in October 1998, is slightly dated, but still touches on several key issues that remain pertinent.»
AIEE Purchases Excel Design
27 April 1999
Atlantic International Entertainment, Ltd., AIE (AIEE) remains active in the wheeling-and-dealing department. A week after selling online casinos to ImperiaMedia, the company announced that it has acquired 100 percent of Las Vegas based Excel Design, Inc, a developer of handheld portable and wireless gaming devices.»
Internet Gambling: A Legal Crapshoot or a Sure Thing?
27 April 1999
Chicago attorney Michael J. Wagner delivers a report on how current and future laws apply to Internet gambling. Discussed are the Kyl Bill, state legislation, jurisdictional issues and court cases. The report, originally published in October 1998, is slightly dated, but still touches on several key issues that remain pertinent.»
Netbet Goes Public
26 April 1999
NetBet (UK) Plc, the world's first British tax-free online betting service, began trading today on London's Ofex market. Daniel Stewart & Company, a London based corporate finance firm, has completed an IPO for the company.»
Excerpt From Star City's Testimony Before the Australian Gambling Inquiry
26 April 1999
Representing Star City:
Jim Hogget, General Manager Corporate Affairs
Peter Grimshaw, Media Director

Represending the Productivity Commission:
Mr. G. Banks, Presiding Commissioner
Mr. R. Fitzgeranld, Associate Commissioner»

Excerpt From Star City's Report to the Australian Gambling Inquiry
26 April 1999
Gaming operations in Australia could dramatically change in the coming years as new technological advances take effect. Clearly, these developments have the potential to create an exciting new era in gaming if handled correctly.»
Star City's Report and Testimony Before the Australian Gambling Inquiry
26 April 1999
The Productivity Commission, an independent commonwealth agency that serves as the Australian government's principal review and advisory body on microeconomic policy and regulation, has undertaken a national public inquiry into the country's gambling industries. From time to time, IGN will be posting documentation of Internet gaming-related testimonies and reports submitted to the inquiry. This week we look at the report and testimony of Star City Casino, which has gone on record as having an interest in operating an Internet casino.»