Gambling News

  • 01 May 2007

    The Word According To Senator Kyl - UIGEA

    Senator Jon Kyl authored an article carried in the National Ledger Monday regarding the repeal of the UIGEA or to be exact, why the attempt to repeal the UIGEA should and would fail. The article opens with “Last week, Arizona authorities raided four illegal online gambling rings, centered in Phoenix but operating in three states, seizing millions of dollars in cash, cars, and property.

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  • 30 April 2007

    Online Poker Players In UK Can Yahoo! Too

    Yahoo, the internet search engine giant is now offering real money online poker in it’s games section for the UK.Yahoo partnered with St Minver Ltd. which is a gaming network based in Gibraltar and as a unit joined Boss Media’s International Poker Network.“We are delighted to be working with Yahoo!

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  • 30 April 2007

    UK Online Casino Operators Not Involved In US Gambling Legislation

    eGaming Review Refusing to support or even offer encouragement for the recently proposed online gambling legislation in the US, the Remote Gaming Association (RGA) has admitted the organization and its members were not interested in becoming “heavily involved” in the recent lobbying effort according to eGaming Review In response to accusations from sources in the US that lobbying efforts for the legislation introduced by Barney Frank were not being supported by the RGA.

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  • 30 April 2007

    Rep Barney Frank Will CAll For A Vote When He Knows He Will Win

    In a statement to eGaming Review, Congressman Barney Frank Frank said he would not put his recently announced Internet Gambling Regulation and Enforcement Act to a vote on the floor of the House of Representatives unless he knew he could win. “I control the timing of the Committee for legislation,” said Frank. “I would not schedule this for a vote unless I think the votes are there to support it. The process is: if and when I think I have the votes, I will have the votes on it.

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  • 30 April 2007

    888 Holdings Posts Profits Up 55%

    MarketWatch reports that 888 Holdings, an online gambling company in the UK, reported on Monday a 55% rise in profit. 888 Holdings credits the rise to its efforts toward their search for acquisition opportunities to offset the forced closure of its U.S. business. Chief Executive Gigi Levy told MarketWatch in an interview that the firm is looking at acquisitions and opportunities for organic growth after the introduction of the U.S.

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  • 26 April 2007

    Gambling online has been decriminalized in Washington State - Retraction

    A Retraction is in order to the following: Good News! Gambling online has been decriminalized in Washington State by a bill that has been passed swaying towards what State Representative Chris Strow was pushing back in January 2007. The details of this new Washington State bill can be found here: This Retraction became necessary because of a typo from the Washington State Legislature. When called, many apologies were given for the mix up.

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  • 26 April 2007

    The US Could Lose To the WTO and Antigua In It's Stand Against Online Gambling

    Financial Post Part of the Canada.com Network Sallie James, Financial Post Thursday, April 26, 2007 ‘On March 30, a World Trade Organization tribunal handed down a potentially significant finding against U.S. restrictions on Internet gambling. The smart money now thinks that online betting could soon be liberated.

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  • 26 April 2007

    Neteller Closes Down Debit Card Service

    Neteller is today notifying it’s millions of members that “Due to the changes with Neteller card, the ability to transfer funds from a member account to the Neteller card has been restricted as of April 26, 2007 at 12 am (GMT). Members will no longer be able to load funds onto their card. The ability to withdraw funds already on Neteller cards at ATM machines and point-of- sale (POS) terminals will not be affected until May 2nd 2007. As of May 2nd, your Neteller debit card will no longer work.

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  • 26 April 2007

    40 Million Users Gambling Online and Could Quadruple By 2020

    Silicon Republic Online gambling set to quadruple by 2020 26.04.2007 – Online gambling to date has netted 40 million users worldwide and looks set to quadruple by 2020, according to Irish research company iReach. “The proliferation of new technologies has certainly helped shape a once embryonic marketplace with access to online gambling and gaming sites now aided through broadband internet, WAP technology and interactive television” said Ara Cho, business analyst with iReach.

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  • 26 April 2007

    Representative Barney Frank Introduces The IGREA

    April 26, 2007 Breaking News – Representative Barney Frank today introduced the Internet Gambling Regulation and Enforcement Act of 2007. This act would create an exemption to the ban on online gambling for properly licensed operators, allowing Americans to lawfully bet online as reported by Gambling911The IGREA establishes a federal regulatory and enforcement framework to license companies allowing them to accept bets and wagers online from individuals in the U.S.

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