Gambling News

  • 27 July 2007

    Second Life’s Creator “Linden Labs” bans all forms of gambling

    San Francisco, CA, Linen Labs, the creator of Second Life announced it has banned gambling in the virtual world. Players in Second Life break plenty of physical laws, flying and teleporting around their virtual world and crafting made-to-order bodies and buildings. Federal laws, however, aren’t so flexible. Following an FBI investigation, Linden Labs has banned all forms of gambling from Second Life, according to a posting on the company’s blog.

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  • 26 July 2007

    America's High-Stakes Response to the WTO Internet Gambling Dispute

    POLICY FORUM Wednesday, July 25, 2007 A very important meeting was held, Yesterday, July 25, 2007, in Washington from the Cato Institute. This meeting is on live video. To watch it simply click the link below. Then click on “Watch the Event in Real Video. Click WATCH to see the actual Cato meeting. WATCH. The dispute between the United States and the Caribbean island nation of Antigua and Barbuda over U.S.

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  • 25 July 2007

    Neteller tells the extent of United States Damage

    Neteller tells the extent of United States Damage And Plans to return US customers’ Funds Neteller has revealed the full extent of damage done when it was forced to withdraw from the US. As of March 2007 a loss for three months totaled $14 million, after a reconstructing cost of $12 million along with other expenses when the company posted a pre-tax loss. After a $16 million profit from the previous year.

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  • 23 July 2007

    NETELLER Distribution Plan to be Implemented To USA

    Neteller reached a settlement with US Attorney’s Office, as posted in our last article: 20/07: NETELLER reaches a settlement with US Attorney’s Office (Read more about the Neteller settlement here.) Neteller announced on June 4th, that the Company agreed to plan for the distrubtion of funds to its United States customers.

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  • 21 July 2007

    Beware of evil affiliate!

    If you have a website, go to google and type in inurl: yoursite.com -site:yoursite.com to find similair hijacks. This is part of the search for G&C: Google Search The person owning all these sites is stealing all the traffic and page rank from G&C. This is the person in question: Breederscupraces.com: Private Registration Host: 1&1 Internet, Inc. – 877-206-4254 proxy341411@1and1-private-registration.com http://1and1.

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  • 20 July 2007

    NETELLER reaches a settlement with US Attorney’s Office

    Neteller announced that it has reached a Deferred Prosecution Agreement (DPA) with the United States Attorney’s Office of the Southern District of New York (USAO).Neteller has agreed to pay a $136 million dollar penalty to the United States. The deal also includes 18 months of monitoring by the United States government.. Neteller has to avoid transferring United States funds to offshore gambling sites over the monitoring period, and if they do comply, all criminal charges will be dropped.

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  • 17 July 2007

    ONLINE GAMBLING NEWS: OECS Trade Ministers show Solidarity with Antiqua and Barbuda’s US Internet Gaming Challenges:

    July 17, 2007 Following a statement by the OECS (Organization of Eastern Caribbean States) trade ministers on Antiqua and Barbuda’s ongoing dispute with the United States on Internet Gaming. This statement is among the conclusions of the OECS ministers of trade meeting in St. Lucia last Wednesday.

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  • 12 July 2007

    ONLINE GAMBLING NEWS: iMEGA/ UIGEA has a hearing scheduled for September 4, 2007

    As we all wait patiently to see the outcome of iMEGA’s hearing they are going strong. In the state of New Jersey a Federal Judge assigned a hearing date for the lawsuit against US Attorney General, Alberto Gonzales. The lawsuit seeks to have a new online gambling law, as well as the UIGEA overturned. Judge Mary L. Cooper will hear the case. The target of the iMEGA is to ask the court to declare the UIGEA unconstitutional and unenforceable.

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  • 12 July 2007

    Barney Frank’s HR 2046 Bill has more co-sponsors

    Frank’s team is sure growing, as we watch more and more politicians signing to join. Two more House of Representatives signed to co-sponsor the Internet Gambling Legalization Bill, started by Barney Frank. Congressman Anthony D. Weiner, from New York has signed to co-sponsor. Representing the second district of Mississippi, Bennie G. Thompson has also signed to co-sponsor the bill.

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  • 10 July 2007

    UIGEA FAILED TO MEET THE DATE TO ENFORCE THE BILL

    Today marked the end of the UIGEA’s 270 day deadline to enter into action the regulations of the bill. It failed to do so. Here are some comments by one of G&C’s sources in high places: “As of 5pm est. time today, the meeting of the US Treasury was ended in still a blank.” Which from everything I have heard and seen today, could be a fabulous point for the internet gambling industry.

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