Gambling News

  • 04 June 2007

    Neteller Deadline Arrives For Plan To Distribute Funds To US Customers

    Way back in March, Neteller announced that it had signed an agreement with USAO and Navigant to outline terms and a timeline that Neteller would use to re-distribute the confiscated funds of its US customers. “The Group is pleased to announce that on 20 March 2007, it signed agreements with the USAO and Navigant which, among other things, outline terms and a timeline under which NETELLER will work toward the orderly distribution of funds to its US customers.

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  • 04 June 2007

    Online Casino PartyGaming Volunteers Information to US Dept of Justice

    Bloomberg reports that PartyGaming has been voluntarily having talks with the US Department of Justice about their activities before the UIGEA was signed last year. “…the world’s biggest Internet poker company said it has held discussions with the U.S. Department of Justice relating to its activities prior to October last year, when the country outlawed Internet gambling.

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  • 30 May 2007

    Will European Union Stand Against US And With Antigua In Online Gambling Battle?

    June 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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  • 30 May 2007

    Presidential Candidate Questions US Treasury Dept About UIGEA Delays

    Presidential hopeful Sen. Sam Brownback (R-Ka) made a visit to Treasure Secretary Henry Paulson earlier this month to question him regarding what he sees as delays to the enforcement of the UIGEA, saying the drafting of regulations has dragged on for months. “Are they going to be committed to enforcing this law,” Brownback asked, “and putting the personnel in place that it needs.

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  • 30 May 2007

    APCW Adds Podcast To Online Gambling Information Line Up

    Last night marked the first of the Association of Players, Casinos & Webmasters (APCW) weekly Podcasts. APCW is the same organization that produces the Perspectives Weekly video each Friday. Both productions are hosted by the multi talented J Todd and centered on the world of online gaming. They do a great job scripting and producing the videos but the podcasts add a new dimension… interaction.

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  • 27 May 2007

    Betex Execs Resign Over Possible Chinese Prosecution

    Following 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. Non-executive director Philip Goodmaker has also resigned according to eGaming Review.

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  • 27 May 2007

    Guilty Of Federal Racketeering Charges Says BetOnSports

    According to U.S. Attorney Catherine Hanaway and in a move that stunned the online gambling sector, BetOnSports PLC pleaded guilty to federal racketeering charges. The Fort Wayne Journal Gazette carried the details of the bargain in which Hanaway agreed to drop any further criminal prosecution of the company in return for BetOnSports cooperation in supplying witnesses and evidence in the pending cases against Carruthers, Kaplan and other lower-level defendants.

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  • 27 May 2007

    InterActive Gaming Council Gets New Chief

    The 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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  • 24 May 2007

    Can Antigua Survive US Attacks On Online Gambling and Offshore Finance

    Ronald 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. Other information is not.

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  • 23 May 2007

    Carve Outs In UIGEA Means Racetracks Can Offer Online Gambling To Non-US Citizens

    Bob 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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