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iGaming News Page 972

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Youbet.com Adds Two More to the Mix
25 March 1999
Youbet.com, Inc. and Maryland Jockey Club have reached a non-exclusive agreement to offer live online horseracing and wagering on all races from Laurel Park (MD) and Pimlico Race Course (MD).»
Ranes Changes Name to WorldNet Casinos.Com
24 March 1999
Upon the merger between Ranes International Holdings Inc. and WorldNet Casinos becoming official this week, Ranes stockholders have voted to change the company's name to WorldNet Casinos.Com Inc.»
If you Bingo, They Will Come
24 March 1999
Once again, bingo has been successfully used as a vehicle to attract massive amounts of Internet traffic. Interacive Magic, an entertainment company offering free and pay-for-play games over the Internet, happily announced this week that the it has received quite a boost in both customers and advertising revenues as a result of adding bingo and other new casino games to the iMagic Entertainment Network (imagicgames.com) and AT&T WorldNet's (R) GameHub (gamehub.net).»
Minutes of the OLGAA Meeting of 24 February 1999
24 March 1999
The OnLine Gambling Association of Australia (OLGAA) met in late February at Gold Coast International Hotel. The next meeting is scheduled for April 1.»
MGAM to Battle in Oklahoma Court Again
24 March 1999
It looks like Multimedia Games, Inc. (MGAM) will have to step into the ring for another round in Oklahoma to fight for the legality of its MegaMania bingo game.»
A Quick Glance at Kyl '99
23 March 1999
The subcommittee hearing on the Kyl bill is being held today. IGN publisher Sue Schneider will be attending the hearing along with other representatives from the Interactive Gaming Council. They will be submitting written testimony but are not allowed to present verbal testimony. So far, the only witness list released has the same old stand-bys....two Attorneys General, and reps from the NCAA and the NFL. We got a hold of a draft of the bill.»
Over a Million US Namblers Online
23 March 1999
More than two-thirds of all active Internet users (43 million U.S. adults) seek entertainment content online, according to a new report from Cyber Dialogue released in New York on March 3rd 1999. According to the report, as of December '98 there were 63.5 million adults actively online in the U.S.»
ANewMarketingApproach@casino.com
22 March 1999
As competition continues to heat up in the online gaming industry, new ways of funneling players into particular casinos are being invented every day. One of the latest marketing techniques, employed successfully in the past outside of the gaming arena, is offering players and potential players free e-mail accounts, and it's being put to the test by BossMedia. The Swedish Internet gaming company is offering such accounts to visitors of their "casino gateway" site, Casino.com.»
Starnet Announces Sovereign First Nation as Newest Licensee
22 March 1999
Starnet subsidiary Softec Systems Caribbean Inc., announced this week that the company has licensed its turn-key Internet gaming technology to Axxis Investments Inc., a private corporation domiciled in St. Johns, Antigua. Axxis is a wholly owned corporation of the Ochapowace Band, a sovereign First Nation located near Whitewood, Saskatchewan, Canada.»
Starnet Applies for NASDAQ Listing
19 March 1999
Starnet Communications International Inc. announced this week that the company has submitted an application for listing on the NASDAQ National Market System.»
AIEE to Sell 80 Percent of its Eminet Domain Subsidiary
19 March 1999
Atlantic International Entertainment, Ltd. (AIEE) has entered into an agreement to sell 80 percent of its interest in its wholly owned subsidiary, Eminet Domain (d/b/a Atlantic Internet) to Centerline Associates, Inc. for $2.5 million. Centerline will pay Atlantic in a combination of cash and Atlantic stock (500,000 shares of AIEE) that it currently owns. The closing date of the transaction is March 31, 1999.»
More Twists and Turns
19 March 1999
The National Gambling Impact Study Commission held meetings in Washington, D.C. March 18 and 19th. The meeting on the 18th held some interesting developments for the Commission in general and for internet gaming in particular.»
eConnect to Establish Presence in Hong Kong and Australia
18 March 1999
eConnect, in conjunction with its principal partner, ET&T, is presently in discussions with an Australian group to set up an eGate division of eConnect in Australia and Hong Kong to pursue the goal of PERFECT wagering originating from those countries.»
Youbet.com to Offer Bets on the Dubai World Cup
18 March 1999
Youbet.com, Inc. has announced plans to provide coverage of the Dubai World Cup day on the You Bet Network, giving American horseracing enthusiasts the opportunity to bet online into a dedicated international wagering pool.»
PLUS Lotto Challenges English Law in European Court
17 March 1999
With the new presence of European law comes all kinds of opportunities to test its boundaries, interpretations and flexibility. On the Internet gambling front, PLUS Lotto, an online lottery licensed by the government of Liechtenstein, is one of the first to step up to the plate. The company runs a huge end-of-the-millennium lottery draw called Millions2000 and they've recently applied with the European Court to allow them to promote it in the United Kingdom via traditional media.»
A New Player
17 March 1999
Starnet licensee Global Interactive Ltd. has signed an agreement to develop five unique, theme-based Internet casinos for Cosmoz.com, Inc.»
Senate to Focus on Internet Gambling
16 March 1999
March 23 is "Exercise the Demons from the Internet" day at the U.S. Senate. Naturally, online gambling will be a focus of attention. The Judiciary Technology, Terrorism, and Government Information Subcommittee has scheduled hearings on issues relating to Internet gambling for 9:30 a.m. Meanwhile, the Governmental Affairs Investigations Subcommittee will resume hearings on securities fraud on the Internet at the same time.»
Another Bad Rap for Net Gambling
16 March 1999
New York Attorney General Eliot Spitzer is apparently picking up where Dennis Vacco, his predecessor, left off. The New kid in town has a web page where you can report illegal activities on the Internet. Among the activities listed is gambling.»
Russian Republic Legalizes Internet Gaming
16 March 1999
A Russian law firm called John Tiner & Partners reports that it has drafted a law legalizing Internet gaming in the Republic of Kalmykia, a member republic of the Russian Federation. According to the firm, the legislation was passed on March 9, 1999 by the parliament of Kalmykia and is the first known law in Russia to recognize Internet casinos.»
Another Step toward the Inevitable
15 March 1999
The proposed merger between NetBet.com and Internet Gaming Inc. (IGI), yet another marriage between land-based and Internet casino operators and/or suppliers, has been approved by NetBet.com shareholders.»
Australian Internet Operator to Offer Fool-proof Gaming
15 March 1999
An independent testing agency has been appointed by the Tasmanian Gaming Commission (TGC) to conduct extensive tests on Tasmania's licensed internet betting operator. It is believed that these stringent measures and checks are one of the first moves by a licensed operator with government approval in a first-world country to establish a credible operator and player protective Internet betting system.»
Theonlinecasino.com Becomes Available in Chinese
15 March 1999
Total Entertainment Inc. jumped into the Asian market gold rush this week when it announced that its Internet Casino and Sportsbook, Theonlinecasino.com, is now translated into Chinese. The company assessed the Asian market as a priority, given that Asian Internet usage is growing at an annual rate of over 300 percent. The site, which went live on October 15, 1998, continues to experience a significant growth of revenues.»
Bingo.com Enters the Scene
11 March 1999
Online bingo is heating up in '99. Look for a few new players to compete in coming months. The latest to come onto the scene, Bingo.com, announced last week that it has formed two subsidiaries- Bingo.com (Antigua), Inc., and Bingo.com (Canada), Enterprises Inc. The Antigua subsidiary will be pursuing all aspects of gaming license applications, while the Canada subsidiary will handle marketing and advertising.»
Bubba Smith Tackles Online Gaming
11 March 1999
Last week, Starnet Communications introduced Larry Holmes as Internet gaming's second celebrity online casino partner. This week they've unveiled plans for "Bubba's Casino," a partnership with NFL All Pro Bubba Smith.»
Public Offering in Store for Youbet?
11 March 1999
In an effort to raise $40 million to help fund the domestic and international rollout of the You Bet Network product, Youbet.com, Inc. is considering an underwritten public offering of its common stock.»
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