Gambling News

  • 16 May 2007

    Former Senator Calls For Regulation Of Online Poker

    Poker 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. history have been prohibitions.

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  • 14 May 2007

    Petition To Repeal UIGEA Has A New Goal

    CasinoGamblingWeb announced recently they have a new goal. Information on their website says ‘On behalf of advice given to us by aids to both Shelley Berkley and Barney Frank the goal of the Repeal the Unlawful Internet Gambling Enforcement Act Petition has been changed from 400,000 signatures to just 10,000….

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  • 14 May 2007

    DOJ Indicts 4 Companies, 7 People in Latest Online Gambling Crunch

    The 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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  • 14 May 2007

    Warrants Issued for Optimal Funds (Firepay)

    Mortreal-based online payment processor Optimal Group Inc (Firepay) reports they are cooperating with an information request from the U.S. Attorney’s Office in the Southern District of New York in connection with an ongoing investigation of the internet gambling industry. Optimal Group Inc also stated the US Attorney’s Office issued seizure warrants for certain company funds.

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  • 11 May 2007

    Chinese Govt Raids Online Casino, $519 Million In Bets Confiscated

    Shanghai 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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  • 10 May 2007

    AGA Reports 2007 Revenues Gives Las Vegas Record Breaking Year

    The American Gaming Association reports that according to their survey, gambling revenues at commercial casinos within the US rose a record breaking 6.8% culminating in a $32.4 billion dollar year for 2006.These numbers do not include revenues from American Indian casinos, which is no small amount of change either. Some Indian casinos are reported to have exceeded many Las Vegas commercial casinos.

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  • 10 May 2007

    Mafia Style Gambling Ring Shut Down In New York

    Adam Green and Anthony Giovaniello, both from New York, were arrested along with 16 other people in connection with an 18 month investigation into illegal sports betting and charged with Enterprise Corruption and various other crimes relating to narcotic drugs and firearms.Authorities believe the gambling operation handled approximately two million dollars a week and serviced more than 800 individual bettors using a wire room concept which in this case was located off shore in Costa Rica..

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  • 10 May 2007

    eCOGRA Makes Fairness Testing of Online Casinos Available

    eCommerce and Online Gambling Regulation and Assurance group has been working to produce a stringent fairness testing of online casino and poker sites and announced it is now available to operators wishing to validate their site. The testing and certification process includes monthly poker card shuffling reviews and payout percentage reports on all games as well as bi-annual reports on blackjack, video poker and roulette.

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  • 10 May 2007

    It's New, It's Improved, It's Neteller and It's Not Available in US and Canada

    Neteller issued a press release announcing its new suite of prepaid, re-loadable debit and remittance cards for its customers in Europe and Asia Pacific. Customers in Canada, US and Turkey can not take advantage of Neteller services due to current federal legislation.Their new prepaid card is tied to a customer’s Neteller account and can be used at over 24 million ATMs and Point-of-Sale (PoS) terminals worldwide.

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  • 08 May 2007

    E-Gold Founders Indicted for Abetting Fraud and Child Pornography

    Co 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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