- Gambling News
21 July 2006BOLCEREK = "ONLINE GAMBLING COULD ROLL IN BIG PAYOFF"
USA TODAY OPINION Michael Bolcerek President, Poker Players Alliance As USA TODAY properly noted in its editorial on Internet gambling, prohibitions don’t work (“How to counter online bets,” Editorial, Monday). Legislation passed by the U.S. House of Representatives that seeks to ban online poker and other forms of Internet gambling, while making exceptions for horse racing and online lotteries, will not effectively deter youth gambling or prevent compulsive gambling.Read full article
21 July 2006BRITISH CITIZENS ANGRY OVER MISUSE OF TREATY
British citizens are angered by the US and it’s apparent targeting of British citizens and businss executives. The use of (or mis-use) a treaty originally intended to aid in the prosecution of terrorists is the tool being used to persue and prosecute british citizens in the sports betting arena. In fact, reports indicate that this treaty has been used for extradition over 20 times by the US and only one of those was terrorist related.Read full article
21 July 2006BETONSPORTS TO RETURN ACCOUNT FUNDS TO US CUSTOMERS
There has been some discussion on whether accounting details for BetonSports will be handed over to the US DOJ and just who will be doing the refunding of accounts. All things considered, customers of BetonSports shouldn’t have any worries along those lines since records were not requested. The request is for BetonSports to refund money to their clients, not to hand over the records and the US refund from BoS funds.Read full article
19 July 2006Calvin Ayre Cancels Bodog Conference
Email from Calvin Ayre:The Bodog.com Marketing Conference presents a wonderful opportunity for good discussion about marketing, customer service and about the growth of our industry; however, in the last few days, many of you who planned to attend the conference have expressed a high level of concern over the uncertainty surrounding the U.S. government’s recent actions against one of the companies in our industry. It is in light of these concerns that we have decided to postpone the Bodog.Read full article
19 July 2006An American Hypocrisy? Bet on It.
internetnews.com By Roy Mark July 19, 2006 A week ago, David Carruthers, the urbane, 49-year-old British CEO of BetonSports PLC, was campaigning to legalize, regulate and tax Internet gambling in the United States. Today, he is sitting in a Fort Worth jail cell. As CEO of BetonSports, Carruthers oversees an online gambling empire with licensed operations in Europe and the Caribbean basin. The company has offices/online casinos in London, Costa Rica, Antigua, Guatemala, Mexico and Malaysia.Read full article
19 July 2006Mad Hatter And Golden Reef Casino Gives Player A Reason To Be Madly Happy... $205,625 Reasons!!
Wow! Michael A won an amazing $205,625 at Golden Reef Casino playing Mad Hatter!! Mad Hatter is one of the new Microgaming game releases last month and has quickly become a favorite with slots players everywhere! Congratulations Michael A!Read full article
19 July 2006U.S. CRACKING DOWN ON OFFSHORE BETTING INDUSTRY
USA TODAY Updated 7/19/2006 1:51 AM ET By Michael McCarthy, USA TODAY When the U.S. House of Representatives overwhelmingly passed a bill cracking down on Internet gambling last week, David Carruthers, CEO of online gaming company Bet On Sports, was one of the most outspoken critics of the proposed law. The 49-year-old British executive has more immediate problems to worry about.Read full article
19 July 2006CANADIAN ONLINE GAMBLING SECTOR TUMBLES AFTER US CRACKDOWN
TORONTO (CP) – Shares in Canadian online gambling companies fell Tuesday amid fears that a U.S. crackdown on Internet gaming may spread and affect revenue from firms doing business south of the border. Shares in software firm CryptoLogic Inc. (TSX:CRY) tumbled $2.69, or 10.8 per cent, to close at $22.19 on the Toronto Stock Exchange, while Fun Technologies Inc. (TSX:FUN), an online gambling firm, was down five cents at $5.35. Shares in Las Vegas From Home.Read full article
18 July 2006FEDERAL INTERNET GAMBLING LAW MAY CRIMP N.D. LAWMAKERS PLANS
Posted on Sun, Jul. 16, 2006 Grand Forks Herald (GrandForksHerald.com) DALE WETZEL Associated Press BISMARCK, N.D. – New federal legislation may derail Fargo state Rep. Jim Kasper’s plans to revive a proposal to make North Dakota the first state to license Internet poker sites. The measure, which the U.S. House overwhelmingly approved last week, would ban Internet gambling sites, including online poker rooms, from taking money from customers in the United States.Read full article
18 July 2006HOUSE GAMBLING LEGISLATION IS A BUST
Inside BAY AREA The ARGUS 07/17/2006 06:57:19 AM PDT THE House passed a prohibition on Internet wagering Tuesday that would theoretically prevent gamblers from using credit cards to bet online and could block access to gambling Web sites. Proponents say gambling can be addictive, and then exposed a lack a consistency in their argument by voting for the bill, which carves out exceptions for state lotteries and horse racing.Read full article