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iGaming News Page 991

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TESTIMONY of Tony Cabot Before the National Gambling Impact Study Commission
28 May 1998
The U.S. National Gambling Impact Study Commission met in Chicago on May 20-21. Among topics discussed was Internet gambling and among speakers were Tom W. Bell, Sue Schneider and Tony Cabot. Here is Mr. Cabot's testimony.»
To Regulate or Not to Regulate
27 May 1998
The North American Gaming Regulators Assn. (NAGRA) is exploring how to deal with the advent of internet gambling. Their committee on the topic developed some issue questions to guide discussion at their recent conference in Norfolk, Virginia. You'll find those questions here which will give you a sense of what sorts on concerns are arising among North American regulators. The first section, albeit short, discusses how they might handle prohibition should such legislation be passed federally. The larger set of questions gets into the myriad of details which would help guide them should a regulatory scheme be adopted in lieu of prohibition.

IGN thanks Mike Petersen, chairman of NAGRA's Internet Gaming committee, for sharing this insight into their committee work.»
The Law of Domain Names
26 May 1998
Definition of a "Domain Name" and its importance to your business. How do I avoid litigation regarding my choice of a "domain name"?»
Custom Software Development (Part II)
22 May 1998
Last week, I started the discussion of custom software development agreements. Undoubtedly, they're one of the most difficult types of contracts for computer lawyers to write. This week, I'll complete the discussion with some additional items that you should consider in your agreements.»
New Cambodian Lottery an Internet First
20 May 1998
A new lottery operation based in Phnom Penh, Cambodia, has created an Internet technical "world first" by using the back office facilities of the Plus Lotto lottery of the tiny European Kingdom of Liechtenstein to create a high tech lottery operation in Cambodia.»
Gambling Software Systems Launched
18 May 1998
Gambling Software Systems (GSS), a US software company specializing in the development of Java-based Internet wagering entertainment, has announced its official entry into the online gambling software market by introduction its first two products, Casino Complete? and CasinoKit?. »
Australia's Current Efforts to Legalize and Control Internet Gambling
18 May 1998
This is the second in a series of articles by Michael D. Shagan, attorney/consultant for issues of racing, wagering and other gambling concerns. The Australian approach, more fully reviewed in this article, is that a policy of prohibition would prove ineffective and would deny policymakers both the opportunity to frame important rules and regulations to govern Internet gambling, and the opportunity to raise revenues both for government and for locally licensed gambling service providers.»
Atlantic International Entertainment, Ltd. Subsidiary Bids for Coms21
15 May 1998
Atlantic International Entertainment Australia Pty, Ltd. (AIEA), an interactive and Internet gaming software systems provider and a wholly owned subsidiary of Atlantic International Entertainment, Ltd. (NASDAQ: AIEE), has made an offer to acquire all of Coms21 (ASX-CMZ).»
So Much for Deliberation
15 May 1998
On May 11, the racing commissioners of the ARCI, meeting in Palm Springs, heard Stan Bergstein from Harness Racetracks of America, speaking on his assigned topic of over-regulation, say that the Kyl bill was the utmost form of over-regulation: prohibition. »
Custom Software Development
14 May 1998
Having custom-made or modified software created for your company requires that you negotiate an agreement that deals with a whole slew of critical issues. With custom software, you should never consider accepting the vendor's "standard form." They're inevitably one-sided in favor of your vendor. »
Betting from the Easy Chair
13 May 1998
ODS Entertainment, a Colorado company that provides home betting for residents in Kentucky, is planning to provide a 24-hour horse racing channel to Maryland, New York, Pennsylvania, Connecticut, Ohio, Kentucky, Nevada and Oregon.»
World Wide Web Casinos Rescinds License Agreement with RangeStar Telecommunication Ltd.
13 May 1998
World Wide Web Casinos (WWWC), has elected to rescind a license Agreement with RangeStar Telecommunication Ltd. (Vancouver: RTL) signed April 2, 1998, and is terminating further negotiations. It is WWWC's position that rescission at this time is proper based upon a material failure of consideration as agreed upon by RangeStar.»
Bingo Comes Alive with Global Games
12 May 1998
Global Games Corp. will soon introduce multi-player interactive Internet bingo, through its licensing agreement with Internet Gaming Corp., Dominica, West Indies, that will permit live player-to-player chat and will take advantage of the latest, completely secure client/server technology.»
Global Games to Provide Proprietary Software to Internet Gaming Corporation
11 May 1998
Global Games, Corp. (OTC BB: "GLOW") has reached a definitive agreement to supply its proprietary Internet-ready gaming software to Internet Gaming Corporation (IGC).»
Arguments Heard on Minnesota Case
11 May 1998
As veteran watchers of internet gambling are aware, the Granite Gate (Kerry Rogers) case brought by the Minnesota Attorney General has slowing been winding its way through the courts in that state. This case is notable because it will help determine case law on whether a state has jurisdiction in such cases. It has broader implications for the internet in general because of the issue of "contacts" and whether or not having a webpage constitutes advertising to a specific state.»
Seven Billion Dollar Nambling Market Predicted
11 May 1998
A recent "strategic research report" by Frost & Sullivan titled, "World Markets for Online Gambling", predicts that the turnover of on-line gambling will be $7 billion (US Smackeroos) by the year 2004.»
Tribal Considerations
9 May 1998
Concerns about how Native American gaming is affected by the Kyl bill (Internet Gambling Prohibition Act) continue to grow. IGN has secured letters on the issue from concerned legislators on both the House and Senate side of Congress seeking exemptions for Indian gaming or jurisdictional oversight of the bill. Here you'll find the full text of the two letters.»
American Wagering to Receive Australian Internet Sports Betting License
9 May 1998
The Bookmakers Licensing Committee "BLC" in Australia has notified MegaSports Pty Ltd., the Australian subsidiary of American Wagering, Inc. (Nasdaq: BETM), that its application for an Internet bookmaking license has been approved pending the outcome of a probity checking process.»
Big M Signs with You Bet!
9 May 1998
New Jersey Sports & Exposition Authority senior vice president-racing (and HTA president) Bruce Garland announced today that the Meadowlands and Monmouth Park had signed a non-exclusive agreement to offer interactive online wagering and harness and thoroughbred racing signals to members of the You Bet Racing Network.»
FBI Targets Online Fraud, Gambling
8 May 1998
In the past six years, the FBI's National Computer Crime Squad (NCCS) has investigated over 100 cases of online fraud in several industries. Now it's seeking to focus on illegal Internet gambling as well.»
New Internet Gambling Payout Structure Introduced
8 May 1998
Winners Internet Network Inc. (OTC Bulletin Board: WINR) has closed the financing needed to complete the commencement of World-Wide Internet Gaming Payout Structure. The financing was completed by EPA Continental Holdings.»
Starnet Licenses Three More Internet Gaming Systems
7 May 1998
Starnet Communications International Inc. (NASD OTC-BB: "SNMM") has licensed its customized Internet gaming systems to three new international operators.»
Speed Limits on the Information Superhighway
7 May 1998
What, exactly, are velocity controls? You've probably been hearing a lot about them lately if you process online credit card payments. »
PlayStar Reorganization to Move Operations to Antigua
7 May 1998
PlayStar Corporation (OTC BB: PSCK) has just announced plans to reorganize into an Antigua international business corporation and the relocation of company operations to Antigua, West Indies.»
How To Create A Contract Using Email And Digital Signatures
6 May 1998
So, you can sign an electronic contract with a digital signature. But is the contract legal and binding? Unfortunately, there is some uncertainty in this area and this uncertainty hinders the growth of electronic commerce. One problem is the law. This is a recurring theme in Cyber Law; it always develops behind new technologies. So, while it's apparent that a signed paper can create a contract, it's only by careful analysis and thorough analogies that you can reach the same conclusion about a contract by e-mail.»
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