Sunday, 30 August 2026

iGaming News Page 991

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Multimedia Games Net Income Skyrockets
4 September 1998
Multimedia Games, Inc. (Nasdaq: MGAM) reported in August that its profits have skyrocketed over the past year by an astounding 250 percent.»
Cyberbetz Opens to Public
3 September 1998
GIC Global Intertainment Corporation, (OTC BB:GGNC), a high-technology entertainment and marketing company specializing in Internet related technologies, officially launched Cyberbetz — its first Internet sportsbook and casino — September 1.»
American Wagering Heads Down Under
2 September 1998
American Wagering Inc. (AWI) is a Las Vegas based company which is in the midst of taking quite a turn into the world of interactive gaming.»
Winners Internet Interfacing First Casino Licensee
2 September 1998
Winners Internet Network, Inc. (WINR) is in the final stages of completing an interface with InterBet Casino, the first of many online casinos to employ WINR's commerce system.»
Texas Case Provides Interesting Counterpoint
1 September 1998
You'll find some interesting reading in the attached legal opinion from the US Court of Appeals for the Fifth Circuit. It offers some thoughts about a sports betting case which had been winding its way through the courts in that state.

Several Caribbean sportsbook operators were accused of conducting some of the financial transactions in Texas. Those folks were hit with a variety of charges which included money laundering, racketeering. The Courts overturned the case and the details are included here.»
Inland Entertainment Acquires Cyberworks
31 August 1998
Inland Entertainment Corp. (NASDAQ/NMS:INLD) has completed the acquisition of Cyberworks Inc., an Internet marketing and web site development company with high-profile clients, such as Nike, NASA and Sony.»
ICI Switches to Starnet Technology
28 August 1998
Starnet Communications International Inc. (NASD OTC-BB: SNMM) announced August 27 that it has licensed Softec technology to one of the Internet Casinos Inc. (ICI), a pioneer of Internet gambling.»
New Alliance in St. Kitts
28 August 1998
IRT Industries (IRG.X, OTC BB: IRTG) has formed an alliance with Native Capital Limited in which a subsidiary of IRT will operate an Internet sportsbook in St. Kitts.»
Legal Internet Gaming Jurisdictions
28 August 1998
Interactive Gaming News is starting to amass information on those countries which sanction internet gaming operations. We'll be adding to the database as we gather the information. The full archive will ultimately include as much information as we can gather as it relates to licensing of online gaming operations in those jurisdictions.»
Winners Internet Network, Inc. – One Giant Leap for Internet Gaming
27 August 1998
An innovative new company, Winners Internet Network, Inc. (WINR) , is entering the online wagering scene with great expectations from both customers and vendors in the Internet gaming community. It appears to have the potential to move the industry from its current unstable infancy to one of worldwide credibility and legal acceptance.»
Internet News in Europe
27 August 1998
England's Daily Telegraph, quoting the director of commercial development for Ladbrokes, reports the British betting giant is just "a few months away from launching a site which is truly interactive and enables people to bet on-line."»
Concerns over Internet Investment Fraud
26 August 1998
The Securities and Exchange Commission (SEC) has jumped into the Internet enforcement fray too. On July 28, the SEC announced the formation of a new and specialized unit to combat securities fraud occurring over the Internet.»
Domain Name Disputes
26 August 1998
So, you pick "yourfavoritename.com" and your Internet service provider who handles the registration process for you. Next, you have somebody create a Web site for you. Business starts flowing from the Web. You feel like a genius until you get a "cease and desist letter" from somebody demanding that you relinquish your domain name to them. What do you do?»
The Global Draw – A Revolution in Fixed Odds Betting
25 August 1998
Why is a betting product that was developed in Austria to be launched in the UK? This is the question everyone asks Walter Grubmuller, an Austrian entrepreneur and the driving force behind "The Global Draw."»
Betting Inc. to Introduce Home Video Wagering Technology
24 August 1998
New technology that can bond two regular home phone lines for receiving or delivering a real-time high-quality video picture will be introduced by EZ Communications by this fall.»
AIE Introduces ICE Version 2.0
21 August 1998
ICE (Internet Casino Extension) Version 2.0, the latest gambling software from Atlantic International Entertainment, Ltd. (OTC BB: AIEE), is available now for Beta testing.»
Total Entertainment, Inc. Joins the Club
21 August 1998
Total Entertainment, Inc. (OTC BB: TTLN) jumped into the gambling software business August 19 when the company announced that its subsidiary, Intercapital Canada Ltee, has developed Internet casino and sportsbook applications.»
Holland Explores Internet Gaming
20 August 1998
IGN's European correspondent, Arjan van't Veer, offers IGN this little tidbit from Holland. The country is exploring how they may want to evolve their gaming products into interactive media. Attached is the Executive Summary which gives you a sense of where they may be headed.»
Latest House Version on Gambling Prohibition Act
18 August 1998
Representatives in Washington are putting together the House's version of the Kyl Bill, which passed in the Senate last month by a vote of 90-10. Here's the most recent draft of H.R. 4427.»
Starnet and Windsor Enter into Simulcast Agreement
13 August 1998
Starnet Communications International Inc. (NASD OTC-BB: SNMM) has entered into a Simulcast Agreement with Windsor Raceway to provide live horseracing coverage via the Internet.»
ILTS and Singapore Turf Club Sign Agreement
12 August 1998
International Lottery & Totalizator Systems, Inc. (ILTS) signed an agreement valued at approximately US$1 million with a new customer, the Singapore Turf Club.»
American Wagering Acquires Advanced Computer Services
11 August 1998
American Wagering, Inc. (Nasdaq: BETM) just announced the acquisition of certain assets of Advanced Computer Services, Inc., a software developer specializing in race and sports book systems and hotel and casino property management systems.»
Island Sports Book and Casino of Dominica Up and Running
11 August 1998
Islandgaming.net, the web site of Island Sports Book and Casino of Dominica, will be operational in the near future.»
Virtual Gaming - Barclay's To Process Credit Cards
10 August 1998
In what may be a first in the world of online gaming, Virtual Gaming Technologies Inc. announced that it has received accreditation from Barclay's Bank in England for gaming transactions and other Internet commerce.»
§ 1084 - The Source
7 August 1998
Looking for the initial Interstate Wire Act language to plug the Kyl amendment into. Here it is....»
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