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Here is where you will find all the news, we have published in one spot to read and explore all aspects of the gaming industry. The latest news reports across the gambling market is available to keep our customers in the loop!
For specific gambling news please check out our list of categories.
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Gambling News Will European Union Stand Against US And With Antigua In Online Gambling Battle?Read Full ArticleJune 19th marks the next in a long line of deadlines for Antigua and Barbuda in their battle against the only remaining super power on the planet. The small twin islands challenged the US stance against online gambling in a WTO court and after a 4 year battle was declared victor.
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Gambling News Presidential Candidate Questions US Treasury Dept About UIGEA DelaysRead Full ArticlePresidential hopeful Sen.
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Gambling News Betex Execs Resign Over Possible Chinese ProsecutionRead Full ArticleFollowing the arrest in April of three of Betex employees by China for allegedly being involved in illegal gambling, Peter Greenhill and Stuart Barker, the chief executive and finance director at Betex, resigned after failing to receive assurances from the Chinese authorities that they would not be arrested if they entered the country.
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Gambling News Guilty Of Federal Racketeering Charges Says BetOnSportsRead Full ArticleAccording to U.S. Attorney Catherine Hanaway and in a move that stunned the online gambling sector, BetOnSports PLC pleaded guilty to federal racketeering charges.
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Gambling News InterActive Gaming Council Gets New ChiefRead Full ArticleThe Interactive Gaming Council (IGC), which has as one of it’s corporate missions to promote and publicize the Gaming industry’s assets has appointed John Fitzgerald as its new chief executive. eGaming Review reports that Fitzgerald, who previously worked as general counsel at CryptoLogic, said he intended to redouble in his efforts to promote international regulation of the industry and that the sector was already very active in ensuring a safe environment for its customers.
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Gambling News Can Antigua Survive US Attacks On Online Gambling and Offshore FinanceRead Full ArticleRonald Maginley, columnist for the Antigua Sun, and spokesman for Antigua Offshore Gaming Association talked about Antigua, Barbuda and the WTO in his column today (the first of two installments) detailing the current battle being fought by Antigua against the US. Most of the information is common knowledge, having been headlined throughout Antigua’s long 4 year battle against the US.
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Gambling News Carve Outs In UIGEA Means Racetracks Can Offer Online Gambling To Non-US CitizensRead Full ArticleBob Evans, CEO of Churchill Downs, told a group at their business luncheon that Churchill Downs and the Kentucky Derby could be the ‘new online casinos in the future catering to non-US citizens’.Mr. Evans said his company is allowed to have an online presence because of the exemption for Internet horse wagering put in the UIGEA. He emphasized his company would be allowed to offer casino and gambling games outside of horse racing if they offered them to non-US citizens.
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Gambling News Frist and Leach On 'World Bank President' ListRead Full ArticlePaul Wolfowitz, President of World Bank, announced he would resign his position by the end of June, leaving under a dark cloud that stemmed from a controversy regarding a $50,000 pay raise with a guarantee of further raises and promotions that he engineered for Shaha Ali Riza. Ms. Riza is also employed at World Bank and is and has been Wolfowitz’s girlfriend since before his assignment as President.Wolfowitz was appointed President of World Bank by President George W. Bush.
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Gambling News Online Gambling, David Carruthers and UIGEA - Dominique Speaks OutRead Full ArticleDuring a discussion on the aggressive stance David Carruthers and his legal team has undertaken in response to his arrest in connection with online gambling site BetOnSports, Games and Casino’s own Dominique expressed her views on actions, catalysts and free speech. “We sorely need injured parties like the UK to speak up. David C. has the right idea, he appeals to the various affected British channels. The EU also has a bone to pick with the US regarding this.
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Gambling News Over $78 Million Neteller, Citadel and FirePay Funds Siezed By DOJRead Full ArticleBy now most people with an interest in online gambling know about the arrest of the Neteller founders and the confiscation by the US DOJ of over $55 million of customer funds said to be in transfer through US financial institutions at the time of the arrests.
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Gambling News David Carruthers, Ex CEO of BoS Prepares For BattleRead Full ArticleThere’s a great article at Covers.com that discusses the battle David Carruthers, ex CEO of BetOnSports, is preparing for in a US court of law. Games and Casino reported earlier this week that Carruthers had sent a letter to BoS advisors and politicians asking the UK for help. “…Carruthers is the former CEO of U.K.-based sportsbook, BetonSports.com.
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Internet Bingo Bingo.com Posts 1st Quarter ResultsRead Full ArticleIt was a rough first quarter for a lot of online gaming companies based in the UK and Bingo.com was no exception. ANGUILLA, BRITISH WEST INDIES — (MARKET WIRE) — 05/15/07 — Bingo.com, Ltd. (OTCBB: BNGOF), operator of the World’s largest online bingo hall, today announced its financial results for the first quarter ended March 31, 2007.
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Internet Bingo Parlay Records 9th Consecutive Profitable QuarterRead Full ArticleParlay Entertainment announced via Market Wire another profitable quarter, making it the 9th quarter in a row to show profit. OAKVILLE, ONTARIO — (MARKET WIRE) — May 15, 2007 — All amounts in United States Dollars Parlay Entertainment Inc.
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Gambling News David Carruthers, BoS Ex-Boss, Asks UK For HelpRead Full ArticleJust in from eGaming Review are reports that “David Carruthers, ex-chief executive of BetonSports, has sent a letter asking for individuals at the company’s former advisers to lobby the UK government, the EU and UK and European Members of Parliament on his behalf as part of his attempts to use the recent WTO decision as part of his defence.
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Gambling News New Google Program Compiles Psych Profile of Online PlayersRead Full ArticleGoogle has submitted a patent request (US and Europe) for a new program that compiles psych profiles of online ‘gamers’. The thought behind the program is that a player’s in-game behavior provides insight into that player’s personality type. Traits like honest or dishonest, passive or aggressive and includes their personal preferences.
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Gambling News Bwin Betting On Czech Gamling IncreasingRead Full ArticleCzech Business carried an interview with Bwin Interactive regarding the Czech government’s stance on online gaming and Bwin’s successful European operations. “Foreign online gambling companies are betting they’re onto a Czech business jackpot because government officials will never be able to stop their Internet activities run from abroad.
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Gambling News Former Senator Calls For Regulation Of Online PokerRead Full ArticlePoker Players Alliance recently hired Alphonse D’Amato to act as their spokesman for the PPA. In an article by former Senator D’Amato and carried by the Boston Herald, he discusses government’s biggest blunders, self-serving politicians and outrageous legislation; all of which apply to the UIGEA. “Perhaps the biggest government blunders in U.S.
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Gambling News Petition To Repeal UIGEA Has A New GoalRead Full ArticleCasinoGamblingWeb announced recently they have a new goal.
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Gambling News DOJ Indicts 4 Companies, 7 People in Latest Online Gambling CrunchRead Full ArticleThe news out of Las Vegas, according to the Las Vegas Sun, is that charges have been brought against 7 people and 4 companies who stand accused of processing payments for illegal internet gambling. According to the indictment, the 7 defendants live in Las Vegas and 2 of the 4 companies are based out of Salt Lake City.
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Internet Bingo ABC Gives Bingo Playing Viewers Chance To Win on National Bingo NightRead Full ArticleWant to play bingo but just doing feel like going out? Starting Friday you’ll have two different alternatives! You can play bingo online OR you can watch and play ABC’s new game show ‘National Bingo Night’. National Bingo Night is a high-energy, truly interactive game of luck based on the hugely popular American pastime.
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Internet Bingo 2007 Good Year for Online Bingo, Online Bingo Summit AnnouncedRead Full ArticleOnline bingo is a hot spot in the online gaming arena and the place to be in the online bingo world is Europe, which is discussed in the press release at Newswire Today NewswireToday – /newswire/ – London, United Kingdom, 05/11/2007 – Online Bingo is experiencing fantastic growth right now with some startling market statistics.
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Gambling News Chinese Govt Raids Online Casino, $519 Million In Bets ConfiscatedRead Full ArticleShanghai Daily reported the investigation and arrest of an online casino in which 5 shareholders of the company and 11 senior members were arrested.
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Gambling News E-Gold Founders Indicted for Abetting Fraud and Child PornographyRead Full ArticleCo founders of another payment processor, E-Gold, were indicted last week for allegedly ‘allowing the service to be used by criminals engaged in financial scams and child pornography’ according to the Washington Post who reported on the indictments The indictment names the company’s co-founders — Douglas L. Jackson, of Satellite Beach, Fla., and Barry K. Downey, of Woodbine, Md., as well as Reid A. Jackson, of Melbourne, Fla.
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Gambling News UK Companies Plan Grass Roots Campaign In US for Internet GamblingRead Full ArticleUC Group and Baker Tilly believe they have the software and technology to perfectly compliment Rep. Barney Franks new legislation for internet gambling. Their product allows the user to pinpoint the age and location of bettors and detect compulsive gambling and money laundering. The software is already operating in systems around the world according to a company spokesman. the Hill reports that the 2 companies teamed up to launch the “Safe and Secure Internet Gambling Initiative”.
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Gambling News Politicians Silent On US Refusal To Comply With WTO Online Gambling RulingRead Full ArticleOn Friday, April 4, 2007, the US announced its decision to ‘modify’ the commitment made in 1993 to open U.S. markets to “recreational services.” and clarify that gambling services are not included. This unprecedented action would remove any WTO jurisdiction to online gaming and nullify Antigua’s recent WTO court victory.Response to this newest US decision, good or bad, has been reported from several countries outside the US but there has been no comments from the US political arena.
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Gambling News Antigua Feels 'Deep Disappointment' Over US Actions To Nullify WTO RulingRead Full ArticleAntigua today expressed ‘Deep Disappointment’ over the announcement by Deputy U.S. Trade Representative John K. Veroneau who said “U.S. federal and state laws have banned interstate gambling for decades, therefore it would be nonsensical for the U.S. to make a commitment to open up interstate gambling for foreign providers when it was unlawful for U.S.
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Gambling News Rep. Berkley Introduces Bill Into Congress Calling For One Year Study Of Online GamblingRead Full ArticleMore activity this week as Rep. Shelly Berkley (D-NV) yesterday introduced a bill calling for a one year study of online wagering to be conducted by the National Academy of Sciences. Las Vegas Review-Journal reported that Rep. Berkley wants to repeal the UIGEA which was rammed down lawmakers throats last year during the last minutes of session and signed into law October 13th as part of an unrelated bill.
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Gambling News New Mexico Governor Favors Repeal of UIGEARead Full ArticleWhile on a campaign stop in Nevada this week Bill Richardson, Democratic presidential hopeful, said he favors repealing last year’s congressional ban on internet gambling. According to Yahoo! a reporter talked to Mr Richardson regarding his stance and relayed the following information: “I’m against shutting it down,” Richardson said in an interview with The Associated Press.
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Gambling News Internet Gambling Giant 888's Hard Work Reflects Increased ProfitsRead Full ArticleFinanceWeek reported yesterday that “While online gambling firm Party Gaming has warned that its performance is likely to be way below expectations as it struggles to come to terms with the loss of the US market, rival company 888 has enjoyed increased profits.
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Gambling News US Sports Leauges Say No To Govt Involvement in Pro Sports but Yes To Govt Ban On Personal RightsRead Full ArticleThe sports organizations in the US, represented by lobbyists from Covington & Burling, sent a letter to the offices of Financial Services Committee members a few days ago expressing their displeasure over the possible legalization of any online sports gambling, according to a report in The Hill “A coalition of major amateur and professional sports leagues is urging members of the House Financial Services Committee to oppose legislation unveiled by Chairman Barney Frank (D-Mass.