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iGaming News Page 974

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Big Plans for IGC and Century Industries
19 February 1999
Interactive Gaming and Communications will receive $2.5 million in initial funding from Century Industries, Inc. for a joint effort called GambleNet. The funding will be used to complete software development of IGC's LiveAction Gaming Platform, with the addition of Totemaster, an Internet/Intranet live video and wagering system for horse racing.»
The New York Internet Gambling Prosecutions - A Status Report
18 February 1999
It's hard to believe a year has elapsed already since the U.S. Attorney for the Southern District of New York shook up the offshore sports betting industry by filing complaints against 21offshore sportsbook operators. Some of the defendants have been sentenced, others are still in court and a few remain at large. Paul Hugel, Esq., an attorney for one of the defendants, drafted the following report on the current status of the 21 cases, individually and as a whole.»
'Cyberterrorism' is Here to Stay
17 February 1999
Every day, more commerce and sensitive information flows over the Internet. People and organizations are becoming dependent on electronic data while paper trails are diminishing. This dependence on electronic information makes for an inviting target for a new breed of delinquents that some are calling "cyberterrorists."»
Yikes! Another Interactive
17 February 1999
If you're having trouble keeping them separated in your mind, it's understandable. We have, of course, TVG, The Racing Network, Youbet.com, American Digital Communications (which just announced a non-exclusive pact to broadcast Meadowlands racing on its TrackPower network), Starnet, and now NetBet, which describes itself as a designer, developer and promoter of interactive software-based games of chance.»
Illinois House Sees Prohibition Bill Introduced
16 February 1999
House Bill 0793 has been introduced in the Illinois legislature. Similar in intent to a recently introduced Senate bill, this bill extends to the internet anti-gaming laws on the books in that state. In an interesting twist, it specifically states that "contracts, debts, or obligations incurred by Internet gambling" are considered "null and void." While that may be seen to have a bit of a chilling effect, in essence, it's not much of a change since gambling debts currently aren't enforceable anyway. Interactive Gaming News has gained a copy of the proposed bill and offers it in its entirety.»
Starnet Inks Three New Deals
16 February 1999
Starnet Communications continued its rapid expansion this week by signing three additional licensing agreements. The new licensees will use the company's Softec gaming software system and operate out of Antigua.»
You Bet Cancels Santa Anita
15 February 1999
Youbet.com, a personal computer-based home wagering network, has stopped taking bets from Californians on races at Santa Anita.»
Meeting in Atlantic City to Examine Future of Gaming Law and Regulation
15 February 1999
Attorneys and gaming regulators will converge for a special session in Atlantic City next month to discuss the future of gaming law in a rapidly changing economy.»
We're #1, says Gamesville.com
12 February 1999
Wall Street Journal subscribers were greeted today with an interesting article about "sticky" websites. The Marketplace article discussed the ongoing quest for internet companies to find ways to get and keep "eyeballs".»
You Can't Have It Both Ways
12 February 1999
Just a few days ago Bernie Horn, communications director of the National Coalition Against Legalized Gambling, was saying he thought the findings of surveys conducted by the National Gambling Impact Study Commission, would be more significant than the final report of the commission.»
IGC and Century Industries Form New Company
12 February 1999
Interactive Gaming & Communications, Inc. (IGC) is teaming with a company called Century Industries, Inc. to create a new company that will develop and market IGC's stock market information search engine site as well as its interactive horseracing software.»
It Pays to Have Friends
12 February 1999
Nevada's casino industry, which doesn't like the idea of Internet competition, got a big boost yesterday from its former regulator, Bill Bible, during the National Gambling Impact Study Commission's 'retreat' in Virginia Beach, VA.»
Something in the Water???
11 February 1999
Perhaps it was the setting.....at conservative Christian Regent University, but the National Gambling Impact Study Commission (NGISC) Internet Gaming Subcommittee seemed possessed by moral spirits. While they expected testimony on the topic of internet gaming on Wednesday, the subcommittee met Tuesday (2/9/99) and voted 3-0 to recommend prohibition of internet gaming. It seems that both internet and tribal gaming will be the sacrificial lambs of the NGISC study.»
VGTA Taps into Latin American Market
11 February 1999
Internet gaming provider Virtual Gaming Technologies, Antigua Ltd. (VGTA) has taken a step toward putting a hold on the Latin American market.»
Starnet Connects to NASRIN Network
10 February 1999
Starnet Communications International Inc. is going online this week with a connection to the North American Simulcast Racing Information Network (NASRINTM), a system that links racetracks and off-track betting facilities using AT&T's international frame relay backbone.»
IFT Takes Over Daily Lottery in England, Acquires 27.5 Percent of InterLotto (UK)
10 February 1999
By the end of 1999, daily lotteries in Great Britain will be operated, installed, marketed and developed by Interactive Flight Technologies (IFT), a company that develops, manufactures, installs and markets a computer-based in-flight entertainment network.»
Cyberstation Formed
8 February 1999
PlayStar Wyoming Holding Corporation announced the signing of a agreement with Cyberstation St. Kitts Ltd. The agreement calls for the creation of a wholly owned subsidiary, the primary business of which will be secure electronic Internet credit card transaction processing.»
British Columbian Gaming Study Looks at Internet Gaming
8 February 1999
Reporting to the Minister of Employment and Investment in the Canadian province of British Columbia, the Gaming Policy Secretariat has developed a White Paper on Gaming Legislation and Regulation (released February 2, 1999). The section on internet gaming gives a round-up of how the issue is being dealt with around the world and clearly outlines the challenges of both prohibition as well as regulation. They recommend the establishment of a federal/provincial working group to explore the social and economic implication of internet gaming in Canada as well as to look at the problems of law enforcement in cyberspace.»
New Hub Created for Virtual Vegas
8 February 1999
It's been a mainstay for gamblers on the net since 1994. Virtual Vegas is a true veteran in the online gaming industry and has continued to grow as it diversifies into specialty free play sites such as slotszone.com and blackjack.com. Now, founder David Herschman has developed a new hub for his sites called prizecentral.com which will launch February 16. Interactive Gaming News spoke with David Herschman about the evolution of his company and how it fits into the world on internet gaming. »
Atlantic interBet Launches with Grand Opening Promotion
5 February 1999
Atlantic interBet Casino (http://www.atlanticinterbet.com), will accept wagering beginning today.»
NetBet, Inc. Board of Directors Approves Name Change to NetBet.com; Name Changed to Reflect Company's Focus on eCommerce
5 February 1999
NetBet, Inc. (OTC BB: NBET), a leading developer of online gaming operations, announced today that its board of directors has approved its name change to NetBet.com to reflect its growing position in the eCommerce arena.»
Youbet.com and Santa Anita Park Partner on Live Online Horseracing and Wagering
5 February 1999
Youbet.com, Inc., a Los Angeles-based interactive technology company and Los Angeles Turf Club, Inc. announced an agreement to offer live online horseracing and wagering on Santa Anita Park (CA), which is currently in its 62nd Winter/Spring meeting.»
More StarNet Licensees
4 February 1999
Business has clearly been brisk at Starnet Communications International Inc. which announced two new licensees. One is Silverclover Entertainment Inc. ("Silverclover"), Antigua.»
Gambling Portal Site Planned
4 February 1999
Interactive Gaming & Communications Corp. (IGC), a Philadelphia area software development and Internet company has certainly been in the news plenty in the past. Michael Simone gained fame in his legal battles with the Missouri Attorney General.»
Bingo.com to Launch
3 February 1999
Bingo.com, a high technology Internet Company, announced that they have signed a definitive agreement hiring Stratford Internet Technologies and Mindquake Software to develop the first FREE Bingo-based e-mail community.»
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