• Gambling News

    • 17 May 2010

      Microgaming Is Migrating all US Players

      Big announcement! Starting June 1, 2010, casinos operating on Microgaming software will stop allowing US players to play in their casinos.An agreement has been worked out with a new casino called CasinoShare US. This casino is launching on May 17, 2010 and is aimed specifically  at providing United States players a site they can play at.IF you have ever played at Microgaming’s Players Palace casino, then CasinoShare US will be mighty familiar.

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    • 16 May 2010

      May 19th Set For Online Gambling Hearing

      The House Ways and Means Committee had announced a hearing on tax issues concerning possible changes to the online gambling laws in the United States. The Hearing is scheduled for May 19th. UIGEA, better known as the Unlawful Internet Gambling Enforcement Act is set to go into effect June 1. UIGEA makes it illegal for banks and other financial institutions to knowingly process payments from or to known or suspected gambling sites. Rep.

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    • 15 May 2010

      Poker Player Alliance to Rally in Olympia

      Lee Rousso, the Poker Players Alliance Washington State’s Director is trying to overturn a Washington State law that makes playing online poker a Class C felony; a Class C felony is equivalent to child pornography and heroin possession. Rousso’s argument is that the law violates the Commerce Clause of the United States Constitution.

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    • 14 May 2010

      Canadian Man Pleads Guilty in U.S. Online Gambling Charge

      Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.

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    • 10 May 2010

      Party Gaming Opens Offices in Los Angeles

      For U.S. online poker players that remember the days when PartyPoker was the biggest online poker site, there may be a glimmer of light at the end of the tunnel. Party Gaming released its Q1 report last week showing gains in revenue of 27% and Chief Executive Jim Ryan said of the U.S. market,“We are seeing increased momentum towards regulating online poker. It’s possible that it could happen this year and we’re prepared if it does.”Party Gaming which dominated the U.S.

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    • 09 May 2010

      Beverly Man Charged With Violating UIGEA

      The United States justice Dept. today announced that Todd Lyons, of Beverly, MA, was charged with 36 counts of racketeering and related charges, for running an illegal gambling business in the United States but with the internet site in Antigua. Lyons is one of the first persons charged with violating the Unlawful Internet Gambling Enforcement Act (UIGEA). And he is the first to be charged in Massachusetts.

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    • 06 May 2010

      No More Online Gambling Barriers in Italy

      Online gambling in Italy will now be less restrictive according to an announcement made by the European Commission. Before today, The Italian Olympic Committee (CONI) and the National Horse Breeders Enhancement Society (UNIRE) had the exclusive rights to sports betting and organizing online gambling. This meant not only could other European gambling operators not offer their services in Italy but even their websites were effectively blocked.

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    • 04 May 2010

      France to Legalize Online Casino Gambling

      The government of France has decided to legalize online casino gambling. Going in direct defiance of recent actions by Estonia and Belgium, France has drafted a law that would legalize online casino gambling and would allow local and foreign investors to invest in this activity and partake in the more than 1 billion Euros played by French citizens in the last year. France will benefit in a big way from the taxes to be paid by each online casino.

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    • 03 May 2010

      Barney Frank’s Bill Gains More Support

      Barney Frank and his bill to legalize and regulate online gambling have gained two big names as co-sponsors. Joining Frank’s fight for online gambling are Dina Titus (D-NV) and William Owens (D-NY). They joined the fight as co-sponsors on April 15.Dina Titus joining the fight is seen as a good omen by some.

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    • 29 April 2010

      Daniel Tzvetkoff Bail Reversed

      Daniel Tzvetkoff UpdateThere has been more than a few who have wondered aloud why Daniel Tzvetkoff would be allowed to make bail in his case as a Las Vegas court had ruled before. It seems a New York court has another idea and today, sighting that Tzvetkoff was a serious flight risk, revoked his bail. A new hearing is scheduled however to determine if he would have to stay in jail or be allowed monitored home detention.According to Judge Lewis A.

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    • 28 April 2010

      Daniel Tzvetkoff Indicted By Grand Jury

      Brisbane businessman Daniel Tzvetkoff, former CEO of gambling funds processor Intabill Inc., has been indicted by a federal grand jury. He now faces up to 75 years in prison and over $500 million in fines if convicted. The grand jury indicted him on charges of illegal gambling, money laundering and bank fraud.

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    • 28 April 2010

      Canada Pushing Legal Online Gambling

      It seems like Canada is considering taking steps to get there part on the $30 billion global online gambling market. Though gambling online is legal in Canada, operating a gambling site in that country is not. Meeting at the Canadian Gaming Summit in Calgary this week, online gambling officials, including John FitzGerald, president of the Interactive Gaming Council are calling for a change. They would like to see governments take action to protect players from being taken advantage off.

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    • 24 April 2010

      Banker Weighs In On UIGEA

      Steve Kenneally, Vice President of the American Bankers Association, recently gave an interview where he spoke out against UIGEA. In the interview, he called the law ineffective and a costly piece of legislation.  He stated that the banks will be able to enforce the law in most cases, but it will take time to implement. He went on to state that there are certain types of transactions that the banks will not be able to stop. One example would be wire transfers.

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    • 22 April 2010

      Daniel Tzvetkoff Granted Bail In Las Vegas

      Daniel Tzvetkoff, a failed Brisbane internet gaming businessman, was arrested Friday in Las Vegas while attending an e-commerce conference. A U.S. Federal Court judge has agreed to release him on bail after his father agreed to put up his $1.1 million home for surety.Tzvetkoff was arrested in a casino after he was spotted by people to whom he owed a lot of money. He was charged with money laundering more than $540 million through his internet business.Judge Peggy Leen, disagreed with the U.S.

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    • 22 April 2010

      Does Senator Harry Reid Want Online Gambling?

      Rumor control has it that Senator Harry Reid (D-Nevada) is interested in presenting legislation to the U.S. Senate which would legalize online poker, and online poker only. These rumors, which have been around for a while now, have been picking up speed and momentum as of late.Reid represents the State of Nevada, which of course is the home state of Las Vegas, the gambling capitol of the U.S. As such, he has always been very protective of the great casinos there.

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    • 20 April 2010

      Daniel Tzvetkoff Turned In By Online Poker Houses

      Daniel Tzvetkoff traveled from Brisbane to Las Vegas for a ten day internet billing conference. He was arrested by U.S. authorities on Friday, charged with money laundering, money laundering conspiracy, gambling conspiracy and bank fraud conspiracy. If convicted on all charges, he faces up to 75 years in U.S. prisons.He will have a bail hearing on Wednesday. We will let you know how that goes.The U.S.

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    • 19 April 2010

      Online Gambling is Half-Way There In Two States

      Last week was a good week in relation to online gambling. The State Senate in Florida passed a bill that brings formal cooperation between the State of Florida and the Seminole Tribes casinos. The debate has raged for years, but all that ended with a 29-9 vote. That leaves the ball in the House. They now need to vote on the bill and get it before Governor Charlie Christ. His signature on the bill is virtually certain.The bill legalizes several table games, such as blackjack and baccarat.

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    • 15 April 2010

      Online Gambling Amendment Approved by Massachusetts House

      Well give this state a BIG hand!!! Finally one that has come to their senses. Maybe this will lead to more and more doing the same. We can only hope! If we continue to let them know what we want and that is “our Rights”, it will change things. Hot off the press!! 14 April 2010 WASHINGTON, D.C.

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    • 14 April 2010

      S.C. Set To Legalize Social Gambling

      South Carolina is poised to repeal an 1802 law which made illegal any game using dice or cards. If enforced literally, it would make illegal many common family type games. House Majority Leader Kenny Bingham, stated: “When you can’t play Monopoly and Yahtzee, that’s a problem. We need to move the ball forward,” He further stated that their intention is not to open the door to legalized gambling.

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    • 13 April 2010

      Founder of Eye On Gambling Found Dead In Home

      Play the organ softly and lower the flags to half mast. For the second time in less than 12 months, the online gaming community is mourning the loss of one of its own. On Saturday morning, the police in Chesapeake, VA found Kenneth Weitzner, and his wife Jackie, dead in their home. The police have not released details of the scene nor have they given a cause of death.Rumor control has it that they passed away sometime either late Wednesday night or early Thursday morning.

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    • 12 April 2010

      US Gambling Takes Two Small Steps Forward

      The last couple of weeks has seen the online gambling community take several setbacks on the chin. But the latest news is looking rosy for the online gamers. The first is that Rep. Barney Frank’s two bills, HR2266 and HR2267, are going to be heard in legislative hearings before the House Committee on Financial Services on April 16th. HR2266 is seeking to postpone implementation of the provisions of UIGEA for one year.

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    • 11 April 2010

      Not All Credit Card Abuse Is Gambling

      Not all credit card abuse is gambling. A woman’s 12 year old son ran up a total of more than £900 in bills using his savings account and her credit card on, of all things, Face Book’s Farmville game. The tab on her credit card eventually ended up being £625. This was all done without the woman’s knowledge between March 14th when the first charge was made and the 29th when she discovered the usage and stopped the card.

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    • 10 April 2010

      Online Gambling Bills To Be Heard Next Week

      Rep. Barney Frank’s hard work is about to pay off. His online gambling bills, the Reasonable Prudence in Regulation Act (HR2266) and Internet Gambling Regulation, Consumer Protection and Enforcement Act (HR 2267), are to be heard by the House Committee on Financial Services on April 16. With the provisions of UIGEA set to be enforced starting June 1st, and no more extensions expected, it is a bit of good news for online gambling.

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    • 08 April 2010

      Senator Jon Kyl is Approached by the PPA

      Arizona Republican Senator Jon Kyl is a wanted man. Many poker groups, like the Poker Players Alliance (PPA), want to meet with him and discuss their ideas for an exemption for online poker from the regulations of UIGEA. Senator Kyl is a co-sponsor of the Unlawful Internet Gaming Enforcement Act (UIGEA). Senator Kyl is dead set against online gambling, including online poker. He calls it the “crack cocaine” of gambling.Enforcement of the provisions of UIGEA is set to begin June 1, 2010.

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    • 07 April 2010

      New Online Gambling Laws Proposed for Massachusetts and New Hampshire

      A new law proposed in the Massachusetts legislature, would allow more land based casinos while criminalizing online gambling and internet poker. The main reason for the bill is to get two new land based casinos licensed, at a cost of $100 million each. Also included in the bill are four new slot machine licenses worth $15 million each.Apparently, the writer of the bill wanted no ambiguity about it’s intent.

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    • 31 March 2010

      Colorado Woman Thought She Won $42 Million

      The Fortune Valley Casino in Central City, CO is the place where dreams can come true and life can become a fairytale. At least that’s what Louis Chavez of Denver, CO, thought until she hit the lucky one on that slot machine she was playing. Suddenly all the bells and whistles started going off and she realized that she had hit the jackpot, literally, for $42,949,673.

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    • 28 March 2010

      Italy OK’s Online Poker Cash and Casino Games

      Still reeling from a major earthquake and their inability to successfully block unlicensed sites, Italy has issued a decree regulating and legalizing online poker cash games and casino games. Nearly two years ago when Italy started to license online poker tournament games and fixed odds sports betting, Italy kept a list of sites blocked by the major internet gaming providers.

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    • 27 March 2010

      New Legislation Introduced On Internet Gambling

      This could mean a big difference in the passing of license and regulation internet gambling. This is from the Safe and Secure Internet Gambling Initiative! Rep. Jim McDermott (D-WA)introduced today an updated version of the Internet Gambling Regulation and Tax Enforcement Act of 2010, a bill that would ensure that applicable taxes and fees are collected from a regulated Internet gambling industry in order to raise much-needed revenue for federal and state budgets.

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    • 27 March 2010

      The Time To Repeal UIGEA IS Now

      With the signing into law of the health care reform legislation, the United States Congress will be free to finally start working on other legislation which has been forced onto back burners for much of the last year. The biggest bill of this group is Barney Frank’s (D-MA) HR 2267, the InternetGambling Regulation, Consumer Protection, and Enforcement Act. As the name implies, this bill would regulate and tax internet gaming, and would protect consumers from racketeering and money laundering.

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    • 25 March 2010

      Gaming Lobby Open To Legalized Internet Gambling

      The American Gaming Association (AGA) has released in a new policy statement that it is open to the idea of legalized internet gambling as long as the proper regulatory structure was enacted to protect consumers and the integrity of the game. However, while changing its stance on legalized internet gambling, it has still not endorsed any of the bills now before Congress.Internet gambling is estimated to be a $26 billion a year industry.AGA Chief Executive Officer Frqank fahrenkopf Jr.

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