Latest Online Gambling News
6/23/08 -
Lawmakers to vote on suspending the UIGEA
Things are about to get very interesting on the Hill.
Tomorrow, June 24, should see a scheduled vote by the US House Committee on
Financial Services regarding H.R. 5767. Specifically, that bill is Barney
Frank's legislation to effectively suspend the UIGEA from ever being enforced.
So, what does this mean?
Well, Democrat Barney Frank sponsored the bill and is also the Chairman of the
Committee, so that's a good sign. The bill was co-sponsored by Republican
presidential candidate Ron Paul, who also sits on the committee - another good
sign. As well, the number of Democrats on the committee outnumbers the
Republicans.
So, all things considered, one would have to think that this bill has a pretty
good chance of passing through this vote.
Read entire article
here.
6/19/08 -
IOC to
monitor suspicious gambling
CHINA -- As reported by the Brisbane Times: "The International
Olympic Committee has introduced new anti-gambling measures to quash any
suspicion about results at the Olympic Games in China - a country that has an
annual gambling turnover of $US100 billion.
"But at least one betting agency believes the new rules don't go far enough and
described the measures as akin to banning drug-taking, but not testing any
athletes.
Read entire article
here.
6/18/08 -
Cort
Expects Gaming Resolution This Week
Antiguan and Barbudan officials are hoping
that a long-awaited agreement with the United States can be reached as early as
this week.
According to Minister of Finance and the Economy Dr. Errol Cort, Antigua and
Barbuda and the USA have agreed to extend the hiatus in their World Trade
Organization (WTO) internet gambling trade dispute until this Friday.
The last postponement of the dispute at the WTO ran out on 6 June, officially
restarting the WTO arbitration process, but Dr. Cort confirmed yesterday that
the sides hope to thrash out a bilateral agreement this week.
“We are still working on a possible settlement and we will use this week to see
how best we can conclude and effect a settlement in this matter, so we thought
that it would be useful to extend the timeframe from 6 June to 20 June, to allow
the parties some more time to see whether it is possible to resolve this
matter,” Dr. Cort told the Antigua Sun.
Read entire article
here.
6/16/08 -
eCOGRA
board welcomes new director
LONDON, England -- (PRESS RELEASE) -- The online gambling player
protection and standards organisation eCOGRA has announced a change to its 7
person Board of Directors, in which Chris Hobbs, Head of Corporate Affairs at
Microgaming replaces Roger Raatgever as one of the Founder Directors of the
independent, non-profit body. The other Founder Member seats are held by bwin
and 888.com.
Under the eCOGRA charter, the Board currently consists of three Member Directors
and four Independent Directors.
The Independent Directors, to whom CEO Andrew Beveridge reports, are solely
responsible for the executive control of eCOGRA and the activities of its
powerful Seals Compliance and Audit Committees, which test and monitor `Safe and
Fair` seal operators and control the award, review and if necessary revocation
of the seals.
Read entire article
here.
6/2/08 -
Native policing of gambling in doubt after online cheating
MONTREAL, Canada – As reported by The National Post: "Confidence
in the ability of Mohawk regulators to police lucrative online gambling
operations on the Kahnawake reserve has been shaken following the second
cheating scandal in less than a year.
"UltimateBet.com, which is owned by a company controlled by former Kahnawake
grand chief Joe Norton, acknowledged on Thursday that unnamed insiders had
altered its poker software to allow them to see opponents' hidden cards.
Read entire article
here.
5/30/08 -
UltimateBet
admits cheating occurred
UltimateBet's owners, Tokwiro Enterprises ENRG, admitted Thursday
that UltimateBet security had been breached by former employees and accounts
with access to opponent's hole cards were used to cheat in high-stakes games.
"Certain player accounts did in fact have an unfair advantage, and that these
accounts targeted the highest limit games on the site," said the company in a
statement. "The individuals responsible were found to have worked for the
previous ownership of UltimateBet prior to the sale of the business to Tokwiro
in October 2006. Tokwiro is taking full responsibility for this situation and
will immediately begin refunding UltimateBet customers for any losses that were
incurred as a result of unfair play."
Read entire article
here.
5/22/08-
ALC
audit shows security risks
PRINCE EDWARD ISLAND -- As reported by the
Guardian: "A forensic audit of Atlantic Lottery Corporation's
workings has uncovered a host of high-risk security issues with
the racino at the Charlottetown Driving Park Entertainment
Centre.
"But a lottery spokesman said Tuesday concerns
have been addressed.
"'We welcome the report (and) we've already
implemented close to 90 per cent of the recommendations the
report gave us,' said ALC spokesman Robert Bourgeois. KPMG was
asked by the four Atlantic provinces that own Atlantic Lottery
Corporation to review their operations.
Read entire article
here.
5/22/08 -
UAW
plans Atlantic City rally
ATLANTIC CITY, New Jersey -- As reported by the Press of Atlantic
City: "Dealers from at least four casinos will take to the streets next month
for a demonstration calling for fair contract negotiations, the United Auto
Workers union announced Tuesday.
"The rally, scheduled for 12:30 p.m. June 21, is expected to include Ron
Gettelfinger, president of the Detroit-based UAW, and John Sweeney, president of
the AFL-CIO, the nation's largest union coalition. Thousands of union members
throughout New Jersey, as well as Detroit, New York, Connecticut and Washington,
D.C., are being asked to march in support.
Read entire article
here.
5/14/08 -
US
Justice Department Names New Attorney in Suit Filed by iMEGA
The US Department of Justice named a new attorney
for their defense in iMEGA v. Gonzales, et al, the Interactive Media
Entertainment and Gaming Association's challenge of the Unlawful Internet
Gambling Enforcement Act (UIGEA) which now moves to the US Third Circuit Court
of Appeals in Philadelphia.
Nicholas John Bagley is a fairly new attorney with the US DoJ, joining in late
2007. He graduated from New York University School of Law in 2005, near the top
of his class and Order of the Coif. He received his bachelors degree from Yale
University. Mr.Bagley, who taught 8th grade English in a NYC public school
before matriculating at NYU, clerked for Judge David Tatel of the Court of
Appeals for the D.C. Circuit, and then Supreme Court Justice John Paul Stevens.
Read entire article
here.
5/9/08 -
Onex
Corp. eyes Tropicana Entertainment
TORONTO, Ontario -- As reported by Globe and Mail: "Onex [OCX-T]
Corp. is ready to place a bet on the U.S. gambling industry, with struggling
casino icon Tropicana Entertainment LLC a potential target for Gerald Schwartz's
buyout firm.
"Onex has top-end help in its hunt for a gambling deal, teaming up with Alex
Yemenidjian, the former president of Kirk Kerkorian's MGM Grand casino empire.
The firm is employing the same strategy in another beat-up business, building
products, where Onex has joined with Masonite International Corp. founder Philip
Orsino to seek deals.
"In gambling, the focus isn't just on the neon and flash of the Las Vegas strip,
where the Tropicana is a well-known name in lights, but in more out-of-the-way
places. Onex made a bid for Gateway Casinos Income Fund, which runs gambling
operations in Western Canada, but fell short in that 2007 takeover battle.
Read entire article
here.
5/8/08 -
UK Gambling
Commission Releases Study Results
In the UK, a study from the Gambling
Commission has found that the proportion of adults participating in remote forms
of gambling has remained static at 8.8 percent for the year despite the lifting
of restrictions on advertising.
The Commission is the regulatory body for all forms of gambling in the UK and
the findings came following a national representative sample survey of 8,000
people conducted by ICM research.
Excluding remote participation in the National Lottery, the survey found that
only 5.1 percent of respondents had gambled online or by using a mobile device
or interactive television in the past month compared to 5.2 percent a year ago.
The study found that Internet gaming continues to be the most popular way to
participate at 7.1 percent, which compared to 6.9 percent in March of last year
and 5.2 percent in 2006.
Read entire article
here.
5/8/08 -
Gaming Giants Join Forces In Three-Year Deal
Software developer CryptoLogic Ltd and online casino giants 888
yesterday announced the successful signing of a three-year contract between the
two companies.
This agreement means that 888 will be able to integrate games of their choice
from CryptoLogic into their ever-expanding online casino. CryptoLogic boasts
over 200 games, from popular casino entertainment to other games such as Sudoku
or Bejewelled.
Read entire article
here.
5/8/08 -
Belle Rock
Entertainment launches multiplayer slots tournament
GIBRALTAR -- (PRESS RELEASE) -- Online slots players are in for
hours of free fun when gaming giant, Belle Rock Entertainment, launches its
first multiplayer slots tournament at two of its online casinos later this week.
Aimed specifically at beginners, the US$30 000 Adventure Slots Tournament will
be hosted at JackpotCity.com and River Belle Online Casino and will run from,
Friday 9 May until Saturday 31 May 2008.
"Multiplayer Slots Tournaments sounds quite daunting, but our event is
specifically designed to cater for inexperienced players," said Tim Johnson,
Chairman of Belle Rock Entertainment. "Online slots are popular with beginners
and we wanted to share the excitement of a Multiplayer Tournament with them. As
this is a free tournament there are no barriers to entry and players are in for
hours of fun and good winnings as the ultimate winner could walk away with US$10
000 without having to spend a sent."
Read entire article
here.
4/20/08 -
American Players Have Easy Access To Legal Sites
A list of online casinos still accepting US players has been
published by PressMyBet.com, allowing those Americans frustrated at the 2006
Unlawful Internet Gambling Enforcement Act to seek out their riches legally.
The Act, passed in October 2006, prevents US players from accessing many online
gambling sites, most prolifically PartyGaming, whose shares plummeted in the
aftermath.
Read entire article
here.
4/15/08 -
Exec
doesn't expect online ban to be lifted soon
WASHINGTON, DC -- Although he supports congressional efforts to
roll back the Internet gambling ban, the vice president of a poker Web site on
Monday said he is skeptical that will happen in the near future.
"I don't want to be a naysayer, but things move very, very slowly in Congress,"
said Jay Lakin, vice president of Poker Source Online, which is headquartered
near San Jose, Costa Rica.
Lakin said he is taking a "wait and see attitude" about a bill introduced last
week by Reps. Barney Frank, D-Mass., and Ron Paul, R-Texas, that would prevent
the Department of Treasury and the Federal Reserve from proposing regulations to
enforce the 2006 ban.
Read entire article
here.
4/14/08 -
Official
moves to block bet regulations
WASHINGTON -- Regulations to enforce an Internet gambling ban
would be blocked under a bill introduced this week by Rep. Barney Frank,
D-Mass., chairman of the House Financial Services Committee.
"These regulations are impossible to implement without placing a significant
burden on the payments system and financial institutions," Frank said in a
statement on Friday.
Frank's bill, which is co-sponsored by Rep. Ron Paul, R-Texas, was introduced
Thursday and would prohibit the Department of Treasury and the Federal Reserve
from proposing regulations to enforce the Internet gambling ban enacted in 2006.
Read entire article
here.
4/3/08 -
News
analysis of Wednesday's hearing on UIGEA regulations
Let's be perfectly clear here. Wednesday's congressional hearing
on the Unlawful Internet Gambling Enforcement Act's (UGIEA) regulations exposed
the anti-online gambling law as poorly constructed and nearly impossible to
enforce. But it did not kill it by any stretch of the imagination. Instead,
Congress sent regulators back to the drawing board with the hopes that they
could clean up the enforcement mess that the UIGEA has created.
Read entire article
here.
4/3/08 -
Experts
testify online ban won't work
WASHINGTON, DC -- (PRESS RELEASE) -- Expert testimony to Congress
today offered further evidence that the ban on Internet gambling won't work.
Witnesses unanimously agreed that U.S. financial service companies would face
serious regulatory burdens in attempting to enforce the Unlawful Internet
Gambling Enforcement Act of 2006 (UIGEA), a law that is not likely to stop
millions of Americans from gambling online.
Read entire article
here.
4/1/08 -
Slots Site Launches Fundraising Site for African Aid Project
Two years ago,
Slotland.com told their thousands of regular community members that they'd
committed to funding an essential development project in Malawi, Africa. A small
group of dedicated aid workers asked them for help and they couldn't say no. The
overwhelming support of the Slotland.com online community has inspired
Slotland.com to continue funding the project and to expand the scope.
Read all about
it here.
3/5/08 -
Judge Rules in
Favor of iMEGA Online Gambling Challenge
This story is still developing. Gambling911.com is on top of this
story as the news broke at 12:15 pm EST Thursday.
The Interactive Media Entertainment & Gaming Association (iMEGA) today applauded
the decision by Judge Mary L. Cooper, of the U.S. District Court for the
District of New Jersey, granting iMEGA the standing to pursue a challenge of the
Unlawful Internet Gambling Enforcement Act (UIGEA). This is a significant
victory for iMEGA in the case of iMEGA v. Gonzales, et al.
“Granting iMEGA standing is a major victory any way you look at it,” said Eric
M. Bernstein, Esq., attorney for iMEGA. “Judge Cooper’s ruling holds that, even
with the passage of UIGEA, online gambling is only illegal in states where a
statute specifically says it is.”
“iMEGA is very pleased that the Court recognized our standing and the weaknesses
in UIGEA” said Joe Brennan Jr., the chairman of iMEGA. “Judge Cooper found that
banks, credit card companies and other payment system instruments are exempt
from criminal sanctions under UIGEA, significantly undercutting UIGEA’s
enforcement mechanism. Her ruling echoes the growing consensus of opinion that
UIGEA is a fundamentally flawed statute.”
Read entire article
here.
2/20/08 -
US Congress Failure To Act Proves Expensive
The US Department of Justice has turned a minor legal problem
limited to interstate horseracing into a major headache on all aspects of remote
wagering including purely intrastate betting on horseracing, dog racing and
possibly poker.
This is the opinion of Nelson Rose, Professor of Law at California’s Whittier
Law School and founder of GamblingAndTheLaw.com, who stated that a decision
against the US by the World Trade Organisation (WTO) over the General Agreement
on Trade in Services (GATS) treaty was not that bad but had been made worse by
the American’s unwillingness to change.
Read entire article
here.
2/20/08 -
World
Gaming ready to be launched
TORONTO, Ontario -- (PRESS RELEASE) -- World Gaming today
announced the imminent launch of WorldGaming.com, the premier online destination
for console gamers from around the world to network and challenge one another in
tournaments for REAL money. Currently, gamers can sign up at worldgaming.com for
a chance to participate in the site's closed beta, as well as an opportunity to
win up to $50,000 in cash and prizes!
WorldGaming.com users will be able to meet and compete on all of today's top
consoles (Sony PlayStation® 2, Sony PLAYSTATION® 3, Microsoft Xbox™, and
Microsoft Xbox 360™). At launch, WorldGaming.com will offer one-on-one
challenges and multiplayer tournaments in a variety of games across multiple
genres, from first-person shooters like Halo 3 and Resistance: Fall of Man, to
the most popular sports titles, including Madden '08, NBA Live, FIFA Soccer and
many more – with new titles added regularly.
Read entire article
here.
2/19/08
-
Casino
Rewards wins CAP award
LONDON, England -- (PRESS RELEASE) -- (PRESS
RELEASE) -- Casino Rewards/Rewards Affiliates is still proving to be the most
trusted and respected casino affiliate program in the industry, walking away
with the CAP Awards' Best Casino Affiliate Program at the prestigious black tie
event at the Olympia Conference Centre in London last month.
Affiliate programmes from all over the world were nominated in 14 categories.
Casino Rewards/Rewards Affiliates was recognized for its efforts in building
long-term, profitable relationships for all affiliates, with competitive
commissions, prompt payouts, excellent reporting/stat information and a team of
helpful staff providing personal levels of support.
Read entire article
here.
2/15/08 -
32Red Mega
Moolah jackpot hits £5 million mark
(PRESS RELEASE) -- 32Red has announced that the Mega Moolah
jackpot has hit the £5 million mark early at their casino, having promised to
make up the difference until the jackpot is won. This news arrives just days
after they were awarded their fifth consecutive Best Casino award from the
independent casino watchdog, Casinomeister.
32Red is the UK's leading online casino and specialises in providing first-class
support, employing and expanding cutting-edge technology and producing leading
acquisition and retention offers. Company CEO, Ed Ware commented, "In 2008 we're
planning to expand our online gaming portfolio whilst doing what we do best:
rewarding our loyal customers."
Read entire article
here.
2/1/08 -
Safe Bet: IRS Won't Get Gambling Winnings
Picked the Super Bowl winner yet? As the
game nears, millions of Americans are choosing, and betting
on, their favorite to take home the Vince Lombardi Trophy
this year.
Many are
just friendly wagers -- a dollar in the office pool or a
good-natured bet with the neighbor who's jumped on that
overcrowded Patriots' bandwagon.
But other football fans are taking the game
more seriously and handing over big bucks to bookmakers,
both legal and not-so-legal. All these Super Bowl wagers
spotlight a persistent Internal Revenue Service problem:
tracking and taxing gambling winnings.
Read entire article
here.
1/31/08 -
Regulating Internet Gambling Would Generate Billions in New Revenue for Critical
Government Programs
WASHINGTON, Jan. 31 /PRNewswire-USNewswire/ -- A new tax revenue
analysis announced by
Representative Jim McDermott (D-WA) estimates that regulating Internet
gambling would generate between $8.7 billion to $42.8 billion in federal
revenues over its first ten years. The findings of the analysis, prepared by
PricewaterhouseCoopers, were provided to all Members of Congress by McDermott
earlier this week.
Read entire article
here.
1/25/08 -
Online Progressives Awarding Nearly $16m
Online gambling software and games developer Microgaming has
revealed that the total prize pool for its Progressive Jackpot Network has
passed the $15.5 million mark.
A pioneer in online gambling progressives, Microgaming stated that the prize
pool for its Mega Moolah game is inching closer to ten million dollars while
three other progressives are nearing two million dollars each.
Microgaming’s Progressives Jackpot Network has paid out over $224 million since
it began in November of 2006, turning eleven people into millionaires with more
to follow soon.
Read entire article
here.
1/25/08 -
UK Responds Favourably To "Whitelisting" Lobby
Minister of Finance Dr. Errol Cort is
reporting “favourable” news following a meeting with the United Kingdom (UK)
Minister for Sport Gerry Sutcliffe on Antigua and Barbuda’s “whitelisting”
application.
Approval of the application would have given remote gaming operators in Antigua
and Barbuda permission to advertise their services to consumers in the UK.
But Antigua and Barbuda’s application has not yet been approved.
Dr. Cort led a high level delegation to a meeting with Sutcliffe yesterday to
discuss the country's application to the Gambling Commission for “whitelisting”
under the UK’s recent gambling legislation.
Read entire article
here.
1/22/08 -
Jackpot Factory, BrightShare win awards
Jackpot Factory and BrightShare Take Home Top Online Casino Awards
Online casino watchdog Casinomeister confers "Best Casino Group" to the Jackpot
Factory and "Best Affiliate Program" to BrightShare
KAHNAWAKE, Quebec -- (PRESS RELEASE) -- The Jackpot Factory, a leading online
casino group known for first-rate customer support and a wealth of games, and
BrightShare, the Jackpot Factory's exclusive affiliate network program,
announced that they have successfully capped off another great year and received
the top accolades in their respective fields at the Casinomeister's annual
Meister Awards.
Read entire article
here.
1/12/08 -
WinnerOnline 2007 Year in Review Part I
New Year’s has come and gone and the
holiday season is officially over so what better time to take a look at what
transpired over the past 365-something days.
January
As 2007 started off, Italy seemed to have a change of heart from its
anti-foreign gaming company stance when big name companies Ladbrokes and William
Hill were granted licenses to accept bets from Italian customers.
Favored by a TD prior to the game, the Ohio State Buckeyes laid an egg on the
national stage as they were upset in a 41-14 blowout loss to Florida in the
NCAA’s BCS championship game.
BetonSports continued to show what a classy outfit it was as it failed to appear
for an arraignment hearing in a St. Louis court. The company would eventually
enter a Not Guilty plea.
Read entire article
here.
1/11/08 - Realtime Gaming releases 7 new games
Closely following Microgaming’s release last week of five new
games, Singapore-based software provider RealTime Gaming has announced the debut
of seven games of its own.
Released with little fanfare, a spokesman for iNetBet.com online casino stated
that the games consist of five new Real Series slots and two table games. The
slots games include Big Shot, Fame And Fortune, Funky Monkey, Triple Toucan and
Victory while the table games are European Blackjack and Caribbean Draw with a
progressive jackpot.
Although no specific details were available, it is believed that the new games
are currently being installed at most RealTime Gaming-powered sites.
12/30/07 -
Two Experts Team Up For Online Poker Video
Online poker coaching site iAmplifyVegas.com has announced that
two legendary players have teamed up to create its latest instructional video,
iAmplify Poker University.
Ten-time World Series Of Poker bracelet winner Doyle Brunson has joined
University Of Poker founder Mike Caro to create the video, available only at
iAmplifyPoker.com. The site stated that the combination of Brunson's legendary
instincts and Caro's technical prowess is unique in providing insights and
practical moves to give players a sharper edge.
Read entire article
here.
12/29/07 -
Online Trade Deal Comes Up Short
After years of negotiation and dispute with the United States over
online gambling issues, Antigua and Barbuda has been awarded only $21 million a
year in annual trade sanctions by a World Trade Organisation (WTO) arbitration
panel.
The two trading nations had been locked in a dispute over discriminatory
practices that excluded Antigua from the lucrative American online gambling
market. The island nation successfully fought the US to a standstill with WTO
rulings going against the United States. This led the White House to withdraw
its gambling obligations from international trade treaties rather than modify
protectionist and discriminatory practices on online gambling.
Read entire article
here.
12/27/07 -
Germany to
ban online gambling beginning Jan. 1
As reported by Bloomberg: "Online gambling will be banned in Germany as of Jan.
1 after German states ratified an accord that preserves the country's state
monopoly for lotteries and most forms of betting.
"At least 13 of Germany's 16 states have submitted the ratification documents,
Eric Braum, a spokesman for the Hesse government, which monitors the process,
said in an interview today. ``That's the required majority and we expect to have
all the rest coming in by New Year's Eve.'
Read entire article
here.
12/26/07 -
News
Analysis: Online gambling only real loser in WTO caseNews Analysis
In the end, Antigua's WTO case against the U.S. over online gambling had nothing
to gambling on the Internet. Instead, it became a proxy war pitting the politics
of trade against fair trade. And predictably, the politics won. It had to win
because nothing short of the future of the WTO was at stake.
Big vs. small -- the politics of trade
Antigua was just the second country of its size to successfully litigate a WTO
case against one of the world's major economic powers – and that grabbed the
attention of the entire world. Countries with small economies were watching to
see if Antigua could force a large nation like the U.S. to either open its
markets or receive substantial compensation in lieu of opening the markets.
Meanwhile, large countries and organizations with large economies – like the
U.S. and EU – were worried the Antigua case could set a dangerous precedent and
result in a blueprint for other countries to attack them on trade practices
Read entire article
here.
12/21/07 -
U.S. dodges
major sanctions in WTO case
The United States will be sanctioned $21 million annually for its
restrictive Internet gambling laws and regulations, the WTO announced Friday.
The ruling allows Antigua and Barbuda to lift certain copyright and trademark
protections on U.S. goods and services to collect the money.
Antigua and Barbuda had asked the WTO to impose $3.4 billion in sanctions,
saying the U.S. had effectively closed its entire online gambling market to the
world by passing the Unlawful Internet Gambling Enforcement Act (UIGEA) in
October 2006 and maintaining that online gambling was illegal. And while
previous WTO rulings backed that logic, the WTO's final decision focused on
horse racing.
Read entire article
here.
12/11/07 -
Online Money Exchange Calls It Quits
Online payment processor FirePay has notified members that it will be shutting
later this month.
The UK-based service began the process yesterday by announcing that it would no
longer allow users to add funds to their accounts or transfer money. The company
stated that users now have 150 days to withdraw funds from their accounts or
review account statements.
'Effective Monday, December 10, 2007, FirePay will no longer allow funding,
spending or payment transactions,” read a statement from FirePay.
Read entire article
here.
12/11/07 -
Antigua
eyes big win against U.S. in gambling case
WASHINGTON -- As reported by Reuters: "Antigua and Barbuda expects to receive
a big damage award from the World Trade Organization in a long-running Internet
gambling dispute with the United States, a lawyer for the Caribbean nation said
on Monday.
"'We feel pretty confident about our case, to be honest. We really feel like we
have the upper hand here,' Mark Mendel, a private attorney representing Antigua,
told Reuters ahead of an expected ruling by a WTO arbitration panel on Friday.
Read entire article
here.
12/4/07 -
Online Poker Site Joins Boss Network
Swedish online casino software developer Boss Media has announced
that Britain’s PokerTrillion.com has become the latest licensee to join its
International Poker Network (IPN).
PokerTrillion.com stated that it would offer a range of freerolls and
tournaments using the IPN along with giving players up to 30 percent rakeback.
In addition, the company said that it would subsidise up to half of a player’s
entry fee if they used their rakeback to enter a European poker tournament.
Read entire article
here.
12/4/07 -
Online Casino Group Acquires Rival
Swedish investment firm Maria Invest AB has announced the sale of
its online gambling interests in Malta-registered Maria Holdings Ltd to Internet
gambling group Unibet for approximately $109 million.
Maria Holdings owns domain names MariaBingo.com, MariaCasino.com,
CarlosPoker.com, CarlosPlace.com and Bingo.se and Unibet stated that the
acquisition was part of a strategy to broaden its demographic coverage.
Read entire article
here.
11/26/07 -
Peter Mandelson Calls for US Regulation
The Trade Commissioner for the European Union, Peter Mandelson,
has stated that the United States should regulate online gambling rather than
compensate those affected after returning from his trip to Washington, DC.
Mandelson was in the US this week to press claims brought against the White
House following withdrawing from its World Trade Organisation (WTO) obligations.
Back in Brussels, Mandelson reported to the European Parliament that the United
States should let foreign companies into its multibillion-dollar online gaming
market instead of trying to compensate European firms for shutting them out.
Read entire article
here.
11/26/07 -
RGA Applauds EU Trade Commissioner
The Chief Executive of the Remote Gaming Association has applauded
statements made last week by the Trade Commissioner for the European Union,
Peter Mandelson, regarding America’s policies on online gambling.
Clive Hawkswood stated that Mandelson was right to insist that the US open its
online gambling market to European firms and urged the European Commission to
keep up the pressure.
Read entire article
here.
11/23/07 -
Gaming's New Frontier: Nevada Treads Cautiously Toward Internet Betting
(Las Vegas, Nevada) — As gambling
profits spur an unprecedented multibillion-dollar building boom on the Strip,
untold ranks of professional poker players, sports bettors and recreational
gamblers continue to pour money into a shadow industry based offshore but with a
de facto home in Las Vegas.
And while a seemingly endless debate rages on in Congress over whether to
legalize Internet gambling nationwide, some gaming interests are pursuing a
different tack by appealing to Nevada regulators with the power to allow and
oversee online betting for Nevada residents within the state's borders. Federal
law allows such online gambling.
As a step in that direction, UNLV's International Gaming Institute is trying to
quantify how many Nevadans gamble online and measure gamblers' attitudes toward
legalizing Internet gambling.
Read entire article
here.
10/24/07 -
Gambling Firms Want EU to Turn to Congress
BRUSSELS, Oct 24 - Online gambling firms want
European Union trade chief Peter Mandelson to change tack over a controversial
move by the United States to close its multi-billion dollar gambling market to
foreign firms.
EU companies, many of them world leaders and including PartyGaming, Bwin,
Sporting Bet and 888.com, saw their stock market value plunge in 2006 after the
United States shut off their biggest market.
In May this year, after being defeated at the World Trade Organisation,
Washington took the rare step of withdrawing its WTO commitment to allow foreign
firms into its gambling market.
Read entire article
here.
10/22/07 -
French Online Gambling Liberalisation
According to a piece in Forbes magazine this week, France’s
Interior Minister, Michele Alliot-Marie, has announced that the Government could
be open to a more reasonable approach to online gambling.
The magazine reports that the Minister wants to liberalise online gambling in
order to allow French casinos to be ‘present in these new markets without
lowering the level of vigilance that operators and the State must maintain on
the quality and offering of games.’
Read entire article
here.
10/22/07 -
Total Commitment For New Online Casino
Casino software company TotalESoft Ltd has announced the release
of a new online casino, World-Wide-Win.com, powered by software from
TotalESoft.com.
World-Wide-Win.com boasts over 100 games ranging from table games such as
blackjack and craps to multi-line video slots.
'We are very excited to announce the release of our latest online casino,
World-Wide-Win.com,” said Jonathan Francis, Chief Executive Officer for
TotalESoft.
Read entire article
here.
10/22/07 -
US Players Still Playing Online
Despite the passage of the Unlawful Internet Gambling Enforcement
Act (UIGEA), millions of Americans are continuing to gamble online without
hindrance.
According to the many blogs that have been helping US-based players carry on
gambling, not much has changed since the passage of UIGEA with almost all online
gambling sites still accepting American players.
'Not much has changed since the deadline passed,” said Dave Chance, the owner of
a leading blog.
Read entire article
here.
10/22/07 -
Absolute
Poker responds to charges of insider cheating
With charges of insider cheating and security breaches still
swirling around Absolute Poker, Absolute's owner attempted to set the record
straight Sunday by releasing a statement addressed to its players.
"The integrity of our poker system was compromised by a
high-ranking trusted consultant employed by AP whose position gave him
extraordinary access to certain security systems," said Joe Norton, the former
Grand Chief of the Mohawk Territory of Kahnawake and the owner of Tokwiro
Enterprises ENRG, which holds a 100% interest in Absolute Poker.
Read entire article
here.
10/22/07 -
Playtech
launches mobile slots
DOUGLAS, Isle of Man -- (PRESS RELEASE) -- Playtech (AIM: PTEC),
the designer, developer and licensor of software to the international online,
mobile and land-based gaming industry announces that it has recently launched
the popular Gold Rally progressive jackpot on its mobile platform, allowing
players the chance to win multi-million Gold Rally jackpots on their mobile.
WinAJackpot.com is a portal designed to broaden the appeal of
Playtech's hit progressive jackpot games like Gold Rally, a very popular
progressive 8-line Wild West themed slot game featuring two interactive bonus
stages. The link to Playtech's mobile product gives players the chance to win
progressive jackpots in the multi-million dollar range while playing on their
mobiles.
Read entire article
here.
10/22/07 -
Unibet wins
marketing award
MONTREAL, Quebec -- (PRESS RELEASE) -- Income Access is proud to
announce that its partner, Unibet has been recipient of the gaming industry's
high marketing accolade, "Offline Marketing Campaign of the year". Announced at
the third annual eGaming Awards held at the Natural History Museum on Friday 28
September, Unibet proudly took the honours over its competitors and reaffirmed
its high status in the industry once again after having been named Sportsbook of
the Year at the same awards in 2006.
Listed on the OMX Nordic Exchange in Stockholm, Unibet is a
member of the European Gaming and Betting Association (EGBA) and is one of the
largest privately owned gaming operators in the European market, providing
services in 20 languages and serving more than 1.8 million customers in over 100
countries.
Read entire article
here.
10/19/07 -
Internet Gambling Act Should Be Scrapped
A year ago last Saturday, President George W. Bush signed the
Unlawful Internet Gambling Enforcement Act and online gambling was banned in the
U.S.
At least, that was the intention. Twelve months later, there are
just as many people gambling online, if not more. Many bettors don't even know
the law was changed, partly because it was tacked on as an amendment to a
measure aimed at increasing port security.
The biggest difference now is that the companies offering online
gambling are privately held and operate out of countries where it is impossible
to know who controls them; if you had a huge win, then the risk of not being
paid is probably much higher.
Read entire article
here.
10/17/07 -
Leyden
leads the charge for iMEGA in bid to restrain UIGEA
Edward Leyden is a self-pronounced "Internet guy." And like any
good lawyer, he's got the evidence to support his claim.
Back in 1992 - well before the advent of iPods and PokerStars -
the Philadelphia native jumped into the World Wide Web when he worked with BNA
Online, the largest independent publisher of information and analysis products
for law, tax, business, and government professionals. In addition, he
participated as an industry member of the National Information Infrastructure (NII)
in the early 1990s and was also the counsel for an in-house technology venture
that commercialized linguistic searching tools in 1996.
"I've been heavily involved with the Internet ever since the
very start," says the passionate Washington D.C.-based attorney, who also
previously served the Technology, Communications & Entertainment (TCE) business
sector. "So if there's something out there that is going to threaten the growth
and prosperity of it, I feel very strongly that something should be done to stop
it."
Read entire article
here.
10/12/07 -
US faces US$100
billion fine for web gaming ban
A Brussels think-tank has accused the US government of reneging on
commitments made to the World Trade Organisation (WTO) over internet gaming.
Panellists at a trade forum levelled harsh criticism at the US, focusing on a
burgeoning trade clash between the US and Europe over internet gaming.
The forum believes that the US could be liable for up to US$100 billion in trade
concessions to European industries after placing illegal discriminatory trade
restrictions on European gaming operators.
The disputed concessions arise from Antigua's victory earlier this year when the
WTO ruled that the US violated its treaty obligations by excluding online
Antiguan gaming operators, while allowing domestic operators to offer various
forms of online gaming.
Instead of complying with the ruling, the Bush administration withdrew the
sizeable gambling industry from its free trade commitments.
As a result, all 151 WTO members are considering seeking compensation for the
withdrawal equal to the size of the entire US land-based and online gaming
market, estimated at nearly US$100 billion.
Read entire article
here.
10/06/07 - US Internet Gambling Regulation Gains More Support
Massachusetts Congressman Barney Frank has announced that another
major politician has agreed to co-sponsor his Internet Gambling Regulation And
Enforcement Act (IGREA) proposal, which takes the total number of those voicing
their support in the body to 37.
Joining others who have voiced support for IGREA, Representative
Raul Grijalva is about to take over as Co-Chairman the Congressional Progressive
Caucus, the largest single partisan league in The United States House of
Representatives that works to advance progressive issues and causes including
fair trade agreements.
Read entire article
here.
10/05/07 -
Rep. Frank: Don't need online gambling study
WASHINGTON, DC -- (PRESS RELEASE) --In an interview with the Las
Vegas Review Journal, Representative Barney Frank (D-MA) stated that legislation
calling for an independent study on Internet gambling is not necessary and that
the World Trade Organization (WTO) dispute around Internet gambling could result
in significant economic penalties against the U.S., particularly those from the
European Union.
Representatives Shelley Berkley (D-NV) recently introduced the
Internet Gambling Study Act, which calls for the National Academy of Sciences to
study a range of issues that involve Internet gaming legislation. Although Frank
has signed on as a co-sponsor of the legislation, he believes that such a study
would be ineffective. "What's to study?" Frank stated. "Whether or not I should
be able to make my own bet with my own money?"
Read entire article
here.
9/25/07 -
Spanish Tax Authorities to Investigate Foreign Gaming Operators
Spanish tax authorities have confirmed that they have opened an
investigation into allegations of fiscal fraud against foreign online gaming
firms, estimated to be valued at €500 million.
A spokesperson for the tax authority said that the department
was working closely with the Anti-corruption division of the public prosecutors
office to study the legal issues surrounding online gaming companies.
The investigation was opened following a formal complaint by
Spanish lottery operator, ONCE, which submitted evidence demonstrating the fact
that foreign online gaming companies targeting Spanish citizens fail to
contribute taxes in the form of IVA (value added tax), IRPF (tax on employees),
and social contributions, all of which are considered to be in breach of Spanish
law.
Read entire article
here.
9/25/07 -
US Makes Compensation Offer to EU
Leading newspaper the Financial Times has reported that the
Government of the United States has made its first compensation offer to the
European Union (EU) following its withdrawal from World Trade Organisation (WTO)
obligations.
The recent newspaper report claims that European gambling groups are currently
pressing the EU to reject as inadequate the American compensation offer for
losses suffered when the US passed its Unlawful Internet Gambling Enforcement
Act (UIGEA) legislation last year restricting online betting.
Read entire article
here.
9/20/07 -
Report:
Online gambling doesn't lead to problem gambling
WASHINGTON, DC -- (PRESS RELEASE) -- A report released today by
the U.K. Gambling Commission, which regulates Internet gambling in Britain,
reveals that problem gambling has not increased over the last eight years
despite the availability of Internet gambling. The British Gambling Prevalence
Survey 2007 found that the rates of problem gambling were 0.6 percent and 0.5
percent of the gambling population, the same percentage of problem gamblers as
reported in the last gambling participation survey conducted in 1999.
"The Commission's report shows that Internet gambling opponents
are using scare tactics to argue that regulated Internet gambling will result in
an increase in compulsive gambling," said Jeffrey Sandman, spokesman for the
Safe and Secure Internet Gambling Initiative. "The reality is that regulated
Internet gambling, which is clearly working in the U.K., can offer better
controls and protection for underage and vulnerable gamblers in the U.S."
Read antire article
here.
9/17/07
-
France Considers Opening Gambling Market
Following a sustained attack from the European
Court of Justice (ECJ) regarding its restricted Internet gambling market, French
officials have initiated talks in Brussels to consider the opening up of the
industry to foreign competitors.
The ECJ has given France until October 29th to modify its online gambling
legislation, which currently only permits native firms PMU and Française des
Jeux to offer their services over the Internet. This policy has caused the
French government to be in breach of article 49 of the European Treaty which
allows for a free market in the service sector within the EU.
Read entire article
here.
9/14/07 -
ReferBack
to sponsor CAP Euro
GIBRALTAR -- (PRESS RELEASE) -– ReferBack, the affiliate program of online
gaming giant, Carmen Media Group, is proud to announce that it will once again
be the Platinum sponsor of the CAP Euro conference which will take place in
Barcelona in October this year. The four day event, from 4-7 October, will be
the second Casino Affiliate conference in Europe this year and will bring
together the top affiliate minds in internet gaming.
"Following on our extremely successful sponsorship of CAP Euro London at the
beginning of this year, ReferBack is thrilled to participate in this event for
the second time around as the Platinum sponsor," said Grant Laubscher, Head of
ReferBack. "CAP Euro is one of the best events of its kind in the world, helping
to spark new ideas in creating first rate affiliate programs as well as growing
and educating the casino affiliate market. The event provides an excellent
networking forum that keeps our industry moving forward."
Read entire article
here.
9/13/07 -
Frank: Bet
bill stalled
WASHINGTON, DC -- Rep. Barney Frank, D-Mass., on Tuesday
acknowledged his bill to overturn an Internet gambling ban has stalled, but he
said pressure from foreign countries could revive the legislation.
Frank, who is chairman of the House Financial Services
Committee, conducted a hearing on the bill in June but no further action is
planned this year.
"It's not dead. It's not very active," Frank said. "It depends
on whether or not there's support. I don't think there's support for it yet.
It's growing."
Frank said it is up to gamblers to push efforts to overturn the
ban, but then quickly corrected himself.
Read entire article
here.
9/11/07 -
Online Gambling
"Prohibition" Hits Snag: US Required to Respond by 21st
iMEGA Responds, Contests US DoJ
Dismissal Motion in UIEGA Challenge Association legal team demonstrates our case
for standing and potential harm to our members through bad law.
Today, in accordance with the deadline set by Judge Mary L. Cooper, iMEGA's
legal team filed its brief with the US District Court in New Jersey (Trenton
division), in response to a US Dept. of Justice motion to dismiss our complaint
against the Unlawful Internet Gambling Enforcement Act (UIGEA).
Read entire article
here.
9/04/07 -
Unions target Connecticut casinos
CONNETICUT -- As reported by the Connecitcut Day: "Big labor has
set its sights on a big target — the Foxwoods Resort Casino — raising the stakes
for workers and management there and possibly at the nearby Mohegan Sun.
"As the United Auto Workers union organizers make their push at
Foxwoods and the UAW continues to add unions at commercial casinos like the
Tropicana Casino & Resort in Atlantic City, industry analysts said the pressure
to organize both tribal and commercial casinos appears likely to increase.
"The UAW began organizing dealers and other workers at Foxwoods
last spring.
"...The UAW already represents more than 6,000 casino dealers
and others in Detroit, Rhode Island and Atlantic City, said Robert Madore,
director of the UAW for Region 9A.
Read entire article
here.
9/04/07 -
Online Casino Makes a Powerful Start to 2007
Ireland’s largest bookmaker and online gambling provider Paddy
Power has announced a 53 percent surge in its first half operating profit
hitting €14.8 million.
During the first half of 2007 the total amount wagered at the
firm’s online sportsbook increased by 19 percent to €279 million with the
average bet value increasing by 3 percent to €28.36. The company’s online gaming
division, that gives customers access to fixed odds sportsbetting, poker,
casino, bingo and skills gaming services, also increased its net revenues by 42
percent to reach €18.4 million.
Read entire article
here.
9/04/07 -
InterCasino, InterPoker obtain Malta license
LONDON, England -- (PRESS RELEASE) -- InterCasino and InterPoker
have been granted online casino gaming and online poker licenses from the
government Malta. Pursuant to their licence, the companies have successfully
completed the stringent requirements of the Maltese government to operate their
online gaming business from Malta.
Recognised as blue-chip brands throughout Europe, InterCasino
and InterPoker chose to relocate their servers to Malta due to the country's
progressive policy in online gaming regulation, and because of the operational
advantages across Europe that an online gaming license within the EU affords. It
has already been recognised by the United Kingdom that InterCasino and
InterPoker's Maltese license places these companies on a white-list of compliant
operators allowed to advertise within the UK.
Read entire article
here.
8/28/07
-
Online Casino Companies Flock to Malta
The introduction of the UK Gambling Act on
September 1 has proved to be good news for Malta with no fewer than 27
international gaming companies set to relocate their online operations to the
island.
Some of the industry’s biggest names such as Intercasino, William Hill,
Littlewoods, Playboy Casino and Virgin Games are geared up to provide online
poker and casino services from Malta within the next week.
Read entire article
here.
8/28/07 -
US Banks Still Servicing Online Casinos
Americas Watchdog has released the findings of a report on the
‘Involvement of US Banks and Major US Credit Card Issuers in Internet Gambling’
and have discovered that not all companies are adhering to the guidelines of the
Unlawful Internet Gambling Enforcement Act (UIGEA), introduced to the US in
October 2006.
Read entire article
here.
8/27/07 -
Antigua,
Barbuda's claims expected to reach $7 billion
ANTIGUA and BARBUDA -- As reported by the Antigua Sun: "Antigua
and Barbuda's claims against the US are likely to reach as high as US$7 billion
as the internet gambling dispute continues.
"Antigua and Barbuda's attorney at the World Trade Organisation
(WTO) Mark Mendel has warned the US to expect billions more in sanctions as the
country prepares to file its claim in respect of America's decision to withdraw
from its General Agreement on Trade in Services (GATS) commitment to
international market access in the areas of gambling and betting services.
Read entire article
here.
8/23/07 -
Gambling Dispute With a Tiny Country Puts U.S. in a Bind
With long blond hair reaching his shoulders and dozens of cloth
bracelets peeking out from under his sleeves, Mark E. Mendel hardly conjures up
the image of a typical lawyer.But then there is nothing run-of-the-mill about
the case that Mr. Mendel, a Texan who was born and raised in Southern
California, has been waging against his own government before the
World Trade Organization, the body in Geneva that sets the ground rules for
global trade. It is a clash that at once challenges Washington’s effort to
prohibit online gambling while simultaneously testing the ability of the W.T.O.
to enforce its own standards.
Read entire article
here.
8/23/07 -
Online Casino Reports Better Revenues
Online casino Betsson has announced an increase in both net sales
and operating profit for the second quarter of the year.
The Swedish public company published reports showing a 147 percent increase in
net sales from $9.1 million to $22.5 million with operating profit increasing to
$6.82 million from a net loss during the same period last year.
Group President Pontus Lindwall said that Betsson.com launched its
French-language site in the quarter and flagged a new dividend policy that will
see up to 75 percent of the company’s income after taxes distributed to
shareholders.
Read entire article
here.
8/22/07 -
Online
gaming sites look to comply with U.K. ad rules
Online gaming sites looking to comply with the U.K.'s new
advertising guidelines are taking two different routes – moving their bases of
operation or trying to get their jurisdiction approved.
More than 1,000 online gambling firms will not be allowed to
advertise in the U.K. after the 2005 Gambling Act takes effect on Sept. 1,
according to a statement released earlier this month by the U.K.'s Department
for Culture, Media and Sport.
The new regulations state that in order to advertise in the
U.K., online gaming sites must reside in an approved jurisdiction, must direct
problem gamblers to the U.K.'s gamble aware Web site, must not target children
and must not advertise on TV or radio before 9 p.m.
Read entire article
here.
8/15/07 -
US Online Casino Ban Further Criticised
Two Members of America’s House of Representatives have published
an editorial in the New York Post newspaper outlining why they believe in
regulating online casinos rather than banning them.
Representatives Steve Israel, a Democrat, and Republican Pete King were original
co-signers of Barney Frank's Internet Gambling Regulation and Enforcement Act (IGREA),
House of Representatives Bill 2046, and said that the Treasury Department is in
charge of a number of jobs, including protecting the President, investigating
counterfeit money and tracking terrorist financing and should not be made to
look after the ban on online casinos.
Read entire article
here.
8/15/07 -
Antigua-Barbuda Confident Over UK White List
Antigua and Barbuda, has stated that it is certain that it
fulfills the correct criteria to join the UK government’s white list, thereby
avoiding the restrictions on gambling advertisements from offshore companies
that comes into effect from September 1.
The UK’s Department for Culture, Media and Sport (DCMS) last week published the
'white list' of areas that will be permitted to continue advertising their
country’s gambling services on television, radio and in print although they fall
outside of the European Economic Area (EEA).
Read entire article
here.
8/12/07 -
Playtech’s Vision for the Future is 3D
Playtech, a provider of software platforms for the online gambling
industry, has announced that it has signed a deal with 3D poker operator PKR.com.
The partnership will see Playtech creating a bespoke online casino
for the poker firm that will feature an extensive variety of popular casino
games.
Read entire article
here.
8/9/07 -
Online Casino Software Developer Announces Revenues Increase
High-profile gaming software developer CryptoLogic has announced
impressive financial results for Q2 ending on June 30, 2007, which would have
showed an operating profit of $2.5 million if not for the company’s $4 million
reorganisation costs as part of the relocation of its headquarters to Ireland
and some non-recurring tax impacts.
Read entire article
here.
8/8/07 -
IMEGA's
chances of success remote
There is a lot of buzz surrounding the Interactive Media
Entertainment and Gaming Association's suit to obtain a temporary restraining
order to stop the Department of Justice from implementing regulations to enforce
the Unlawful Internet Gambling Enforcement Act.
The organization, described as a non-profit "professional
association dedicated to the continued growth and innovation of the Internet,"
will be granted a hearing at the Third Circuit Court in New Jersey on Sept. 4.
The restraining order, however, faces an uphill battle,
according to Buffalo State Business Law professor Joseph Kelly.
Read entire article
here.
8/6/07 -
Ron Paul
Talks to Gambling911: "The Internet Should Not be Regulated"
2008 Presidential candidate Ron Paul
sat down with Gambling911.com's Kira Wissman for a few moments Friday night
following his speech at a rally in Mars, Pennsylvania, just outside Pittsburgh.
The time spent was brief since Paul had to rush out on his way to Iowa the next
morning.
Read entire article
here.
8/6/07 -
iMEGA
the Only Game in Town Right Now for Internet Gambling Freedom
"iMEGA is the
only game in town and hopefully other (Internet gambling) companies will jump on
board," said Eric M. Bernstein, whose law firm is representing iMEGA's challenge
against Attorney General Alberto Gonzales and the Federal Reserve Bank.
Gambling911.com had an opportunity to sit down with Mr. Bernstein to discuss
iMEGA's challenge in a New Jersey court against the Unlawful Internet Gambling
Enforcement Act (UIGEA).
On September 4
a hearing is set whereby Judge Mary J. Cooper will decide whether or not to
grant a temporary restraining order, which in essence would prevent the US
Federal Government from enforcing the UIGEA.
Read entire article
here.
8/1/07 -
Online
gambling activists fighting back in Washington
The state of Washington turned heads in June of 2006 by making
Internet gambling a Class C felony, punishable by up to five years in prison and
a fine of up to $10,000.
And that was just for the players.
After living with law for just over a year, gambling aficionados
in Washington are beginning to fight back. Renton-based attorney Lee Rousso
found the law so egregious that he's challenging it in court. Rousso, who would
not say whether he continues to play poker on the Internet, says the law
unfairly "makes (Internet poker players) look like criminals."
Read entire article
here.
8/1/07 -
NETeller
smoothly processing U.S. withdrawals
NETeller unlocked it U.S. accounts Monday and has begun
processing withdrawal requests. American customers have until Jan. 26, 2008 to
withdraw their funds, and only complete withdrawal requests are being honored.
The accounts can not be used for any other purpose.
So far, the process appears to be moving smoothly. Casino City
submitted its withdrawal request on Monday and funds were transferred to its
bank account that same day. Other gaming affiliates are reporting similar
successes.
Read entire article
here.
7/30/07 -
US could
face reprecussions from online gaming ban
WASHINGTON, DC -- (PRESS RELEASE) -- A leading trade policy expert
called for the U.S. to speedily resolve its trade agreement violation around
Internet gambling with the World Trade Organization as the dispute could damage
the WTO's credibility and force the U.S. to pay billions in compensation. The
WTO's ruling in March, involving a dispute filed by the Caribbean island nations
of Antigua and Barbuda, found that the U.S. unfairly prohibits foreign Internet
gambling operators from accessing the U.S. market, while allowing domestic
companies to legally accept online bets. The United States Trade Representative
announced in May that the U.S. would withdraw its commitments to the WTO to open
its markets to offshore-based internet gambling operators.
Read entire article
here.
7/30/07 -
EcoCard to
drop U.S. market
EcoCard will stop processing U.S. online gambling transactions
starting Aug. 24, according to an email sent by the company to customers Monday.
The financial processor cited recent industry developments as
the reason for its withdrawal from the U.S. market.
American customers can continue to conduct transactions,
including gambling related transfers, until the suspension date, according to
the email.
Non-U.S. customers "are not affected by the change." U.S.
customers can continue to use Ecocard for Internet transactions, including
person-to-person money transfers and withdrawals, as long as they are not linked
to Internet gambling merchants.
7/27/07 -
NETeller Resumes Trading
Embattled online payment processor NETeller re-emerged onto the
London Stock Exchange yesterday after six months of uncertainty and announced
that its shares rose ten pence following early morning deals.
NETeller shares were suspended voluntarily on January 16 pending clarification
after former Directors and founder shareholders Stephen Lawrence and John
Lefebvre were investigated by US authorities in the wake of America’s Unlawful
Internet Gambling Enforcement Act (UIGEA) legislation with its first-quarter
performance
Read entire article
here.
7/26/07 -
A surge in
the war (of intimidation)
The latest news in the United States Department of Justice's war
against Internet gambling is not good news for online poker players.
Up until 2006, most of the attacks by law enforcement were
against sports betting sites. The DOJ has publicly taken the position that the
Wire Act, the main federal anti-gambling law that might apply to the Internet,
outlaws all forms of gambling. However, a couple of courts have ruled the Wire
Act is limited to bets on sports events and races. The DOJ does not want to lose
its power of intimidation by losing a case, so it has not brought any charges
against pure poker sites.
But in April 2006, the House of Representative's Judiciary
Committee and later the full House approved a bill to amend the Wire Act to
cover all gambling, including poker.
Read entire article
here.
7/24/07 -
Antigua Seeks $3.4 billion In Trade Sanctions Against U.S.
(Geneva, CHE) — The tiny Caribbean nation of Antigua and Barbuda
asked the World Trade Organization on Tuesday for the right to authorize US$3.4
billion (€2.5 billion) in commercial sanctions against the United States for its
failure to comply with a ruling that its Internet gambling restrictions are
illegal.
Washington acknowledged that its online betting ban was ruled
illegal by the WTO, but challenged Antigua's right to retaliate because it says
it is in the process of changing the details of its obligations under the 1994
General Agreement on Trade in Services. The U.S. also rejected the amount
requested by Antigua as "patently excessive."
The WTO set up an arbitration panel to rule on the matter.
Read entire article
here.
7/24/07 -
NETeller
halts Israeli online gambling transfers
NETeller will no longer process online gambling related
transactions for Israeli customers, according to a press release issued last
week.
"Recent legal developments have increased the uncertainty
regarding the legality around certain activities related to online gambling in
the Israeli market," the release stated.
The halt took effect on July 19.
NETeller will continue to process non-gambling related
transactions for Israeli customers.
7/22/07 -
US Online Casino Bill Gains New Friends in Congress
In America, support for House of Representatives (HR) Bill 2046,
also known as the Internet Gambling Regulation and Enforcement Act (IGREA) 2007,
has grown this week with five more Congressman voicing their support and
agreeing to sponsor the legislation.
IGREA was introduced in April by Massachusetts Democrat Barney
Frank, also Chairman of the influential House Financial Services Committee, and
would license and regulate online gambling in the United States. Online poker
and gambling companies licensed under Frank's bill would be exempt from the
Unlawful Internet Gambling Enforcement Act (UIGEA), which was passed in October
.
Read entire article
here.
7/15/07 -
Caribbean
countries join together against online ban
WASHINGTON, DC -- (PRESS RELEASE) -- The Conference of the
Caribbean Community (CARICOM), at its recent meeting in Barbados, expressed its
appreciation and pledged its support for the efforts of Congressman Barney Frank
(D-MA) and his legislation to regulate Internet gambling in the United States.
The 15 CARICOM member countries further pledged to work with Members of Congress
who introduced bills to regulate and enforce Internet gaming and expressed
continued support for Antigua and Barbuda in their claim for compensation from
the U.S. for World Trade Organization (WTO) trade agreement violations involving
Internet gambling.
Read entire article
here.
7/14/07-
NETELLER Promises Funds Resolution Within Days
NETELLER Plc, the independent global online payments business, has
issued an official statement declaring that the company is using its best
efforts to resolve its investigation by the United States Attorney's Office for
the Southern District of New York (USAO).
The company stated that it had advised the USAO that the
investigation would be resolved on or soon after 13 July 2007. The company
believes that it is making significant progress towards achieving a resolution
and hopes to be able to announce this within a number of days.
Read entire article
here.
7/13/07 -
Date Set For iMEGA vs. UIGEA
The Interactive Media Entertainment & Gaming Association’s (iMEGA)
bid to overturn the Unlawful Internet Gambling Enforcement Act (UIGEA), and act
introduced by the US in 2006, has finally gained momentum after a Federal Judge
assigned a September 4 hearing date for the iMEGA lawsuit filed on June 5.
IMEGA’s lawsuit filings made a request for a temporary
restraining order to stop US banks from having to implement the range of
policies that already exist or may be created by the Treasury and the Attorney
General Alberto Gonzales, until the courts have heard the full set of arguments
on the UIGEA.
Judge Mary L. Cooper of the US District Court in Trenton, New
Jersey will preside over the hearing.
Read entire article
here.
7/7/07 -
Online Casino Takeover Talks at an End
English online gambling company Sportingbet has announced that
talks regarding its takeover by Austrian Internet bookmaker bwin Interactive
Entertainment have ended by mutual consent.
Talks began in March after bwin made a ‘very preliminary’ takeover approach
following Sportingbet’s exit from the US market. This departure from the world’s
largest online gaming market followed passage of the Unlawful Internet Gaming
Enforcement Act (UIGEA) in October, which effectively banned Internet gambling
in the US.
Read entire article
here.
7/5/07 -
Online Casino Games For iPhone
Popular slots and video poker website
Slotland.com has announced that, unlike
numerous other providers, its mobile and web games do work on the new Apple
iPhone.
The iPhone was unveiled last week but has been designed to run
with only the Apple applications provided. As a consequence, it does not support
software from most mobile and online gambling providers and operates mainly as a
web browser. Apple’s latest invention also does not allow users to download and
install their choice of games nor does it support Java and Flash applications.
Read entire article
here.
7/5/07 -
Online Casino Forums Prove a Hit
According to a recent online gambling survey, up to 40 percent of
players use independent Internet message boards for a variety of reasons
including finding the best bonuses and investigating gambling venues before
playing.
The study was commissioned by the e-Commerce Online Gaming
Regulation and Assurance (eCOGRA) independent standards authority and conducted
by England’s Nottingham Trent University. Over 11,000 respondents were
questioned and 40 per cent stated that they regularly use forums to ascertain
everything from the current US political and legal situation and the mathematics
of gambling odds to responsible gambling, business news and game preferences.
Read entire article
here.
7/5/07 -
WPT
Enterprises launches website
LONDON, England -- (PRESS RELEASE) -- WPT Enterprises, Inc.
(NASDAQ: WPTE) announced today the official launch of its new online real money
and "play for fun" gaming site, WorldPokerTour.com. WPT executives are in London
to celebrate the launch and invite players from around the globe to register and
receive the $1500 "You Play, We Pay" bonus program, one of the industry's
largest bonuses ever offered. Five years ago televised poker sparked the global
poker boom and skyrocketed the online gaming business into a multi-billion
dollar-per-year industry, yet gaming laws prompted WPTE to tailor its rules
accordingly and not accept US bets. In April, WPT moved its online global gaming
platform to develop a new site with leading software developer, CryptoLogic,
whose shared network offers a constant, substantial player liquidity.
Read entire article
here.
7/2/07 -
US Internet Gambling Reform Bill In Danger
A proposed Congressional Bill designed to reform online gambling
in the United States could be in danger of becoming reality due to supplementary
legislation that promises a billion-dollar bonus for affordable housing.
Massachusetts Democrat Barney Frank introduced HB-2046, the
Internet Gambling Regulation and Enforcement Act, in April and Congressional
hearings on the feasibility of the Bill were held in June.
It seeks to reverse the Unlawful Internet Gambling Enforcement
Act (UIGEA) that Congress passed in October to ban Internet gambling in the
United States by prohibiting American banks and credit card companies from
processing payments to and from online gambling sites.
Read entire article
here.
6/29/07 -
Neteller Founder Guilty of Conspiracy
NEW YORK -- The co-founder of Neteller, which processed billions
of dollars in Internet gambling transactions for Americans, pleaded guilty
Friday to a charge of criminal conspiracy.
Stephen Lawrence, whose company, Neteller PLC, was once one of
the primary ways U.S. citizens placed bets with offshore bookies, acknowledged
in a federal courtroom in Manhattan that the operation was illegal.
"I came to understand that providing payment services to
online gambling Web sites serving customers in the United States was wrong," he
told the judge.
Read entire article
here.
6/29/07 -
Dept. of Treasury Poised to Regulate Financial Activity for Online Gambling
(Washington, D.C.) — A new regulation issued by the
U.S. Department of the Treasury exempts casinos from having to report currency
transactions reports, required for transactions involving $10,000 or more, on
jackpots from slot machines, video lottery terminals and other electronic gaming
devices.
This June 26 regulation is significant because it reaffirms the
central role played by the Financial Crimes Enforcement Network (FinCEN) in
regulating financial transactions involving casino activity in the United
States.
The Internet Gambling Regulation and Enforcement Act, recently
introduced by Congressman Barney Frank (D-MA), assigns FinCEN the responsibility
to protect consumers and the financial system from the risk of Internet gambling
abuses through the introduction of a robust licensing regime.
Read entire article
here.
6/29/07 -
Online Casino Becomes First to Open NFL Lines
Online gaming site
Intertops.com has announced that it has become the first online sportsbook
to open lines on the 2007 NFL season.
The company, which was the first to take an online wager, has the New England
Patriots (+400) as early favourites to win Super Bowl XLII in Arizona next
February, ahead of the Indianapolis colts at +650, and the San Diego Chargers at
+750.
Read entire article
here.
6/29/07 -
Online Casino Group Moves up the Revenue Ranks
The UK’s second largest casino group, Rank, has announced that it
is back in pole position after an increase in online gaming sales provided the
basis for ‘strong growth’ in its first half operating profit.
Rank shares soared by as much as 4.6 percent and the company’s online gambling
division, Blue Square, saw an impressive 37 percent growth in revenue.
Read entire article
here.
6/26/07 -
Online Gambling Lawsuit Verses Alberto Gonzales Making Waves
iMEGA has made a splash in a very short time, with its suit
challenging the Unlawful Internet Gambling Enforcement Act (UIGEA) in US Circuit
Court vs. Alberto Gonzales (3rd District - New Jersey).
The filing quickly made news in technology, legal, political and gaming industry
circles (see links below). Many articles noted iMEGA's emergence from
"obscurity" to become a plaintiff in a suit challenging a law intended to target
the internet gambling industry, but using restrictions and increased regulation
of US banking and credit card systems to achieve the end of preventing operators
and players from engaging in play.
Read entire article
here.
6/26/07 -
Australia, Macau Now Want Compensation from US in Online Gambling Dispute
This is literally David fighting Goliath as the tiny Caribbean
nation of Antigua with its 60,000 plus population drove after the United States
with a dagger in its dispute over a thriving online gambling industry. That
dispute was eventually won through the World Trade Organization (WTO). But what
was once Antigua verses the United States, has now become the rest of the world
verses the United States and that later nation will risk further isolation and
disrepair should it choose to ignore the WTO decision.
Read entire article
here.
6/23/07 -
Gambling Industry Will Be Worth $144 billion by 2011
A report published by PricewaterhouseCoopers LLP has predicted
that the global gambling industry may be worth as much as $144 billion in 2011
following an annual compounded growth rate of 7.2 per cent.
According to the report, the value of the industry, which is currently worth
$101.6 billion, is set to soar thanks to a surge of new casinos being built
worldwide and the revamping of existing casinos.
The Asia/Pacific region will be the main catalyst behind the increase,
especially the Chinese resort of Macau. Revenue is expected to increase from
$14.6 billion to $30.3 billion, a 15.7% improvement.
Read entire article
here.
6/21/07 -
EU Wants Sanctions For Online Casino Ban
The European Union (EU) has requested compensation from the United
States in response to its ban on foreign online gambling sites that do not
comply with World Trade Organisation (WTO) rules.
British online gaming operators such as Sportingbet PLC and Leisure And Gaming
were forced to quit the profitable US market in October following the passage of
the Unlawful Internet Gambling Enforcement Act (UIGEA).
Rean entire article
here.
6/20/07 -
Convincing
Congress to change its stance on Internet gambling
I met with Jim Gordon, a staffer for my Congressman, Rep.
Stephen Lynch (D-Mass.), this afternoon. My Congressman has been holding "Open
Office" hours for the last two weeks to let his constituents voice their
opinions on issues we feel he should be addressing.
I talked about Internet gambling.
I told him that I believed that the Unlawful Internet Gambling
Enforcement Act was not an effective means of controlling Internet gambling, and
I asked that Rep. Lynch take another look at the issue. Rep. Barney Frank
(D-Mass.), the Chairman of the House Financial Services Committee, recently held
a hearing that explored the feasibility of regulating the industry, and there
are several bills in the House that would change the U.S. stance on the $15.5
billion industry.
Read entire article
here.
6/20/07 -
Antigua
claims $3.4 bln from U.S. over gambling ban
ANTIGUA AND BARBUDA -- As reported by Bloomberg: "Antigua and Barbuda said
it's entitled to $3.44 billion in compensation from the U.S. in a World Trade
Organization dispute over an American ban on Internet gambling.
"The compensation would be in the form of Antigua withdrawing intellectual
property protection for U.S. trademarks, patents and industrial designs, the
government said in a statement.
"...After losing an appeal against earlier WTO decisions which found the U.S.
ban illegal, the U.S. moved May 4 to 'clarify' its commitments to the
Geneva-based trade arbiter, saying it 'never intended' to open its market to
offshore Internet gambling when it made pledges on joining the WTO in 1994..."
6/13/07 -
Congressman Frank Appeals For People Power
To coincide with hearings taking place this week on his bill that
would establish a scheme to legalize, license and regulate Internet gambling
operations, Representative Barney Frank has been on the interview circuit and
has asked for Americans to contact their local representatives with their
support for his measures.
'Call your Representative and your Senators and tell them to get out of your
life,” said the Massachusetts Democrat.
Read entire article
here.
6/13/07 -
US Government Receives Summons Regarding UIGEA Complaint
Gambling911.com can reveal that
the Department of Justice, US attorney in Newark, NJ, FTC and Federal Reserve
have been served by the US Circuit Court in NJ to respond to a complaint filed
by Internet trade organization,
The Interactive Media Entertainment & Gaming
Association.
That organization is seeking an injunction against the enforcement of
the "Unlawful Internet Gambling Enforcement Act of 2006" (UIGEA).
Read entire article
here.
6/11/07 -
Foe of
gambling welcomes hearings on new legislation
Gambling opponent the Rev. Tom Grey on Friday welcomed
congressional hearings on Internet betting, saying bills being proposed to lift
federal restrictions on online gambling will force presidential candidates to
take a stand on the issue.
With House hearings being conducted in Washington, D.C., about
regulating Internet gambling, advocates from both sides of the issue debated
Friday at the Rio during the annual National Council of Legislators from Gaming
States conference.
"This is the definitive battle on how far we are willing to go
on the gambling binge America is on," Grey, field director of the National
Coalition Against Legalized Gambling, said during a debate Friday.
Read entire article
here.
6/10/07 -
UK High Court Throws Out BCA Super-casino Challenge
The British High court has today dismissed a challenge by the
British Casinos Association (BCA) to government plans to build a new wave of Las
Vegas-style casinos in the UK.
The BCA, which represents 90 percent of casino operators, had
sought a review of the government's new gambling policy, arguing that plans for
a 5,000-square-metre Super-casino and 16 other large casinos could cost existing
casinos up to £120 million a year in lost profits and force many out of
business.
Read entire article
here.
6/07/07 -
McDermott
introduces Internet Gambling Regulation and Taxation Enforcement Act
Rep. Jim McDermott (D-Wash.) introduced the Internet Gambling
Regulation and Taxation Enforcement Act (IGRTEA) today, just hours after Rep.
Robert Wexler (D-Fla.) announced he would introduce a bill amending the Unlawful
Internet Gambling Enforcement Act (UIGEA).
McDermott's measure would create a tax regime for U.S. online
gambling companies expected to generate $6-$25 billion in U.S. tax revenues in
its first five years of enactment, according to the representative's press
office.
The bill is meant to serve as the tax mechanism for Rep. Barney
Frank's (D-Mass.) Internet Gambling Regulation and Enforcement Act (IGREA) and
could possibly be discussed along with other U.S. Internet gambling legislation
during tomorrow's House Financial Services Committee hearing at 10 a.m.
Read entire article
here.
6/05/07 -
Online Gambling Industry Could See Relief with Suit Against Gonzales
The online gambling industry could see some
much needed relief with the announcement that an independent group is
seeking judgment restraining the United States from enforcing the &q