Friday, 9 October 2026

iGaming News Page 975

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A Merchant Category Code for Net Betting
9 July 1999
Online gaming has been issued a merchant category code (MCC) by Visa International Service Association (Visa). The code (MCC 7995) will be used to designate "quasi cash," which would apply, for instance, to the use of Visa cards to purchase casino chips online.»
Bargain Banners
8 July 1999
Small businesses, including those in the online gaming industry, now have the opportunity to place advertising banners on the Excite Network for as little as $100. MSNTM LinkExchange (www.linkexchange.com) will be offering this service, allowing businesses to target audiences through specific categories, including autos, classifieds, education, entertainment, games, money and investment, sports and weather.»
CATO Policy Analysis Criticizes NGISC
8 July 1999
In response to the National Gambling Impact Study Commission's final report issued on June 18, The Cato Institute published a Policy Analysis which criticizes the panel for failing to consider the risks of government intervention.»
Gambling America: Balancing the Risks of Gambling and Its Regulation
8 July 1999
Americans, it would seem, are all gamblers now. Opportunities abound, from state and interstate lotteries to the traditional contests of horses and greyhounds and in all manner of casinos-Indian or commercial, on land or on water, or just online. But while more and more consumers embrace their freedom to wager, a determined few are agitating to turn back the clock.»
FYI: The Web is Pretty Darn Popular
8 July 1999
By the end of 1999, 130.6 million people worldwide will be active Internet users, estimates eGlobal Report, released by eMarketer (www.emarkter.com). This year alone, 35.2 million people are expected to enter the realm of the Internet.»
Intercapital Canada Warms up to AIE
7 July 1999
Online gaming software developer Atlantic International Entertainment, Ltd., AIE has entered into a license agreement providing multiple Bingo Blast systems and a Lotto Magic system to Intercapital Canada, Ltee, a subsidiary of Total Entertainment Inc. The games will be offered at various Intercapital websites. »
Omicron on the Move
7 July 1999
Omicron Technologies, Inc., a publicly held Miami-based technology company that arrived on the Net gaming scene last month upon completing a licensing agreement with Global Interactive Ltd., is making an effort to establish itself as a serious player in the industry.»
Andros Gets Busy
6 July 1999
It's been quite a week for Andros Hotels & Casinos. The publicly held company, which plans to develop a casino, resort and theme park in the Bahamas, has bought an online casino, signifying yet another entity with interests in both traditional and virtual gaming. It also bought a resort in the Caribbean, signed an agreement with Net World Marketing, Inc. and announced that it is changing its stock symbol.»
Another British Invasion
6 July 1999
Sportingbet.com, the online sportsbook operated by Mark Blandford, officially launched its attack on the North American market Monday by becoming the fist British Internet betting company to offer regular National Football League lines. It's also the only tax-free sports betting company based in the British Isles.»
E-Commerce Blossoms in Latin America
5 July 1999
According to the International Data Corporation (IDC), spending on Web commerce in Latin America reached nearly U.S. $167 million in 1998, an increase of 361 percent over 1997. In 1998, regional Web commerce spending grew rapidly as new consumer Web users dabbled in Web purchasing and corporations began to roll out their business-to-business commerce solutions.»
eWatch Has Got Your Back
5 July 1999
Part of operating a successful business is adjusting and reacting tactfully when someone tries to knock you off your horse, and your presence on the Internet makes you an easy target for adversaries who are lining up to take potshots at you. Defamation is rampant on the Web, and damage control is vital, so it would do you a world of good to find someone to cover your back. The solution could be eWatch, a service that combs the Internet for negative material posted about your company.»
ABS Report Confirms Australians' Thirst for Gambling
4 July 1999
Australian adults spend an average of $736 (US$478) each a year on gambling. A social trends survey by the Australian Bureau of Statistics (ABS) reports that in the fiscal year of 1996-97, Australians spent US$6.5 billion, or 3 percent of their household disposable income, on gambling.»
GGNC Adds 10 New Games
4 July 1999
Dominica-based online casino operator GIC Global Intertainment Corp. (GGNC) has added 10 new games to its Internet casino, Cyberbetz.com. The site now offers 25 games, plus its "CashSplash" progressive jackpot.»
Another Jurisdictional Ruling
3 July 1999
BBC News reported Thursday that a U.K. judge has handed down a decision that the content of American Web sites can fall under British jurisdiction. The ruling stems from a case involving Graham Waddon, who runs of the U.K.'s largest porn operations, and had established several highly pornographic Web sites in the U.S.»
Jersey OTB Gets Senate Okay
3 July 1999
Off-Track betting and telephone account wagering made it a little closer to the finish line Thursday when the New Jersey state Senate passed a measure to allow both forms of wagering.»
A New Resource for Online Investors
2 July 1999
Globeinvestor.com, a new site from Globe Information Services, combines complete, impartial coverage of North American stocks with analytical tools that translate data into an easy-to-understand language. The site is designed to cut through the clutter of market information and get down to the essentials of making better investment decisions, and it is free of charge for all users.»
IGW Signs Additional Licensees
2 July 1999
Interactive Gaming & Wagering N.V. (IGW), a subsidiary of Global Entertainment Holdings/Equities Inc., announced this week online casino and sportsbook licensing agreements with Gameday International N.V. and The Sports Network N.V. The company expects the combined licenses to generate $2 million in revenue for IGW over their three-year term. »
NSW Sports Betting Site Debuts
2 July 1999
Progress continues in Australia as SportOdds, a bookmaking company formed in 1995, has launched an Internet sportsbook that's fully licensed by the government of New South Wales. Meanwhile, the New South Wales TAB, the only other operation offering NSW-licensed Internet sports betting, will begin taking bets Saturday on horse races in the U.S.»
One in the Books, More to Come
2 July 1999
The River City Group, LLC, publisher of Interactive Gaming News, is delighted to announce that the first ever Global Interactive Gaming Summit & Expo was an overwhelming success. More than 320 industry professionals networked, learned and educated at the event's seminars, workshops and exhibits at the Hyatt Regency in downtown Vancouver, British Columbia June 23-25.»
Showdown in Missouri
1 July 1999
The strenuous legal battle between the Coeur d'Alene Indians of Idaho and Missouri Attorney General Jay Nixon will be brought to federal court this month in Kansas City. Nixon insists that the tribe is breaking Missouri laws by offering its online lottery to Missouri citizens.»
Son of 'The Emerging Digital Economy'
1 July 1999
Vice President Gore, proud papa of the Internet and all its evils, recently released a new report titled "The Emerging Digital Economy II," which shows that information technology is fundamentally changing the way Americans work, live, communicate and play.»
NGISC Criticism from Oz
1 July 1999
The operators of Alice Springs-based Lasseters online casino, the first excursion of a land-based casino into the virtual gaming industry, had a few words to say last week about the recently issued National Gambling Impact Study Commission report. Looking beyond the obvious faults in the NGISC's recommendations for domestic policy, Lasseters pointed out the existence of another minute overlooked detail: The rest of the freakin' world.»
Interactive Horse Betting Tidbits
1 July 1999
Everyone agrees that the interactive pari-mutuel industry will become enormous in coming months, but how it all will shake out is still anyone's guess. If you're trying to stay on top of things, be sure not to blink, because new pieces of the puzzle are falling in place faster than you can say "Kyl bill exemption." This week, You Bet, TrackPower, TVG and Starnet are all on the move.»
Streaming Media Ads Could Be the Ticket
30 June 1999
A recent study by Arbitron NewMedia and Northstar Interactive indicates that the rate at which streaming media audiences interact with online information and advertising is surprisingly high.»
Another Player Enters the Mix
30 June 1999
Planet City Corp, an Arizona-based software developer, became the latest publicly traded company to enter the online gambling industry when it announced the launching of its Internet gaming division Tuesday. The first offering from the new sector is Planet City Casino, which is expected to go live in the next week or two.»
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