• Gambling News

    • 27 July 2007

      Second Life’s Creator “Linden Labs” bans all forms of gambling

      San Francisco, CA, Linen Labs, the creator of Second Life announced it has banned gambling in the virtual world. Players in Second Life break plenty of physical laws, flying and teleporting around their virtual world and crafting made-to-order bodies and buildings. Federal laws, however, aren’t so flexible. Following an FBI investigation, Linden Labs has banned all forms of gambling from Second Life, according to a posting on the company’s blog.

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    • 26 July 2007

      America's High-Stakes Response to the WTO Internet Gambling Dispute

      POLICY FORUM Wednesday, July 25, 2007 A very important meeting was held, Yesterday, July 25, 2007, in Washington from the Cato Institute. This meeting is on live video. To watch it simply click the link below. Then click on “Watch the Event in Real Video. Click WATCH to see the actual Cato meeting. WATCH. The dispute between the United States and the Caribbean island nation of Antigua and Barbuda over U.S.

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    • 25 July 2007

      Neteller tells the extent of United States Damage

      Neteller tells the extent of United States Damage And Plans to return US customers’ Funds Neteller has revealed the full extent of damage done when it was forced to withdraw from the US. As of March 2007 a loss for three months totaled $14 million, after a reconstructing cost of $12 million along with other expenses when the company posted a pre-tax loss. After a $16 million profit from the previous year.

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    • 23 July 2007

      NETELLER Distribution Plan to be Implemented To USA

      Neteller reached a settlement with US Attorney’s Office, as posted in our last article: 20/07: NETELLER reaches a settlement with US Attorney’s Office (Read more about the Neteller settlement here.) Neteller announced on June 4th, that the Company agreed to plan for the distrubtion of funds to its United States customers.

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    • 21 July 2007

      Beware of evil affiliate!

      If you have a website, go to google and type in inurl: yoursite.com -site:yoursite.com to find similair hijacks. This is part of the search for G&C: Google Search The person owning all these sites is stealing all the traffic and page rank from G&C. This is the person in question: Breederscupraces.com: Private Registration Host: 1&1 Internet, Inc. – 877-206-4254 proxy341411@1and1-private-registration.com http://1and1.com/contact

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    • 20 July 2007

      NETELLER reaches a settlement with US Attorney’s Office

      Neteller announced that it has reached a Deferred Prosecution Agreement (DPA) with the United States Attorney’s Office of the Southern District of New York (USAO).Neteller has agreed to pay a $136 million dollar penalty to the United States. The deal also includes 18 months of monitoring by the United States government.. Neteller has to avoid transferring United States funds to offshore gambling sites over the monitoring period, and if they do comply, all criminal charges will be dropped.

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    • 17 July 2007

      ONLINE GAMBLING NEWS: OECS Trade Ministers show Solidarity with Antiqua and Barbuda’s US Internet Gaming Challenges:

      July 17, 2007 Following a statement by the OECS (Organization of Eastern Caribbean States) trade ministers on Antiqua and Barbuda’s ongoing dispute with the United States on Internet Gaming. This statement is among the conclusions of the OECS ministers of trade meeting in St. Lucia last Wednesday.

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    • 12 July 2007

      ONLINE GAMBLING NEWS: iMEGA/ UIGEA has a hearing scheduled for September 4, 2007

      As we all wait patiently to see the outcome of iMEGA’s hearing they are going strong. In the state of New Jersey a Federal Judge assigned a hearing date for the lawsuit against US Attorney General, Alberto Gonzales. The lawsuit seeks to have a new online gambling law, as well as the UIGEA overturned. Judge Mary L. Cooper will hear the case. The target of the iMEGA is to ask the court to declare the UIGEA unconstitutional and unenforceable.

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    • 12 July 2007

      Barney Frank’s HR 2046 Bill has more co-sponsors

      Frank’s team is sure growing, as we watch more and more politicians signing to join. Two more House of Representatives signed to co-sponsor the Internet Gambling Legalization Bill, started by Barney Frank. Congressman Anthony D. Weiner, from New York has signed to co-sponsor. Representing the second district of Mississippi, Bennie G. Thompson has also signed to co-sponsor the bill.

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    • 10 July 2007

      UIGEA FAILED TO MEET THE DATE TO ENFORCE THE BILL

      Today marked the end of the UIGEA’s 270 day deadline to enter into action the regulations of the bill. It failed to do so. Here are some comments by one of G&C’s sources in high places: “As of 5pm est. time today, the meeting of the US Treasury was ended in still a blank.” Which from everything I have heard and seen today, could be a fabulous point for the internet gambling industry.”

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    • 07 July 2007

      RGA endorses Internet Gambling Initiative:

      RGA-Remote Gambling Association has announced an endorsing of the Safe and Secure Internet Gambling Initiative (SSIGI). Working to promote legalizing and regulating online gambling in the USA. In May of 2007 the SSIGI was created by two U.K. based companies in order to help strengthen the bill bought forward by Rep. Barney Frank. Which is to license and regulate online gambling in the USA.

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    • 03 July 2007

      GAMBLING NEWS

      The law may be changed where Americans were stopped from playing online. The reasons why, read below: Will the UIGEA be reversed, changed, or revised? Read below to find out our up to date details. You might be shocked at the major companies that are supporting Barney Frank and the bills presented to make this turn around. Rep. Barney Frank, D-Mass, introduced a new bill to reform the UIGEA. The bill is IGREA- Internet Gambling Regulation and Enforcement Act.

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    • 29 June 2007

      Neteller co-founder Stephen Lawrence pleads guilty

      Stephen Lawrence, who founded Neteller together with John David Lafebvre, pleaded guilty today to charges of criminal conspiracy. Neteller processed billions of Dollars related to internet gambling. In a court room in Manhattan , NY, Stephen Lawrence said that he acknowledged that facilitating bets with offshore bookies was illegal. He agreed to be partially accountable for the 100 Million Dollars the government wants from people who were involved in the operation.

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    • 29 June 2007

      Barney Frank Gains more Co-Sponsors for his Internet Gambling Bill HR-2046

      Congressman Barney Frank is still out there for the American people, by gaining sponsors to his proposed bill to bring back legalization of online gambling. His proposed bill will end the ban imposed last year on online gambling in the United States. Barney Frank’s proposed bill, the HR-1046, to legalize, license, regulate and tax online gambling has gained another sponsor, Representative Don Young out of Alaska, to join 25 others at Frank’s side for a total of 27 at this time.

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    • 28 June 2007

      Covers and USA Today have Joined Forces

      All of the online sports gambling and betting that are run by large companies is sweeping the nation these days, of which we bet more companies are sure to follow, what happened to the common American’s rights to online gambling on any site in their own homes? This article should spark your interests. Sports-book ads in USA Today.com may shock many people with this statement posted on their website; “USA Today.com and Covers.

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    • 28 June 2007

      Betcha’s Bold Platform stands on the Edge of Gambling

      Betcha is a platform for peer to peer betting where they allow users to bet on four markets; News, Business & Finance, Arts & Entertainment and Sports. The founder, Nick Jenkins, is like many founders with a brilliant idea, and may be a little crazy to think that Betcha has no worries about two related things; it is based in Seattle, WA and all debts are on the honor system. Nick Jenkins says that Betcha is a third way to gamble and an EBay site for bets.

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    • 27 June 2007

      The EU’s First Steps towards Supporting Sports-Betting Services

      The European Commission is opening the door for sports-betting in countries close to home. We are hoping for the ripple effect to hit the US, where the online players can get back to a relaxing game in their own homes. Sweden and France have a request from the European Commission to amend their laws, following replies to letters of formal notice.

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    • 27 June 2007

      A UIGEA Injunction Hearing, Court Date is Coming Soon

      Hold off on those life boats for now. There may be a good piece of news for the online gamblers, should the courts prove that ‘the system’ does work. With stipulations against banks preventing online gambling with credit cards, the court will have open ears to the reasons why the processes with the UIGEA should not continue.

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    • 27 June 2007

      iMEGA Suit Challenges Unlawful Internet Gambling Enforcement Act (UIGEA)

      The cases brought forth against the UIGEA are making more waves around the world as each week slips by. It may be time to break out the life-boats on the high seas of internet gambling until this storm blows by or internet gamblers are saved by an unseen force. With its suit challenging the UIGEA, iMEGA has made a splash in the US Circuit Court vs. Alberto Gonzales.

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    • 26 June 2007

      The WTO Online Gambling Case has Seven Compensation Claims against the U.S.

      From one to three, three to four and now seven countries with claims to file for compensations because there is a disagreement for online gambling, how many more countries will step forward for their claim? Only time will tell. In the ongoing WTO online gambling case between the U.S. & Antigua and Barbuda, Casino City has confirmed seven compensation claims have been filed against the U.S.

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    • 22 June 2007

      Internet Gambling Talks between President Bush and Antigua’s Prime Minister

      We can only hope that the talks between the US President and Antigua’s Prime Minister will only come out peacefully in the end, where the ban on US online gambling may eventually be lifted. During the meeting between Caricom leaders and President Bush, the Antigua & Barbuda Prime Minister Baldwin Spencer raised a question about the country’s Internet gambling dispute with the US with his desire to settle this matter.

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    • 22 June 2007

      PartyGaming Cashing In; could become an Attractive Acquisition Target

      You heard it right, the chief executive at PartyGaming, Mitch Garber, as part of his planned series of share sales, has cashed in options worth more than £1.7m towards gifting the company’s employee trust a raft of shares to be awarded to employees. Party’s recent discussions with the US authorities, from an analyst’s note that was issued, could pave the way for the company to be snapped up by a US gaming or Internet giant.

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    • 22 June 2007

      Costa Rica Joins Antigua, Japan, India, EU re: Case against US Online Gambling Policy

      The political waves are reaching newer heights this week as Costa Rica enters the scene with Antigua and Barbuda, Japan, India and the EU, seeking compensations from the online gambling ban set forth by the U.S. You can find more information on this by The Associated Press release yesterday. From the hardships brought on by the US related crackdown on online gambling, the confirmation that Costa Rica, a Central American nation, is now seeking compensations of its own.

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    • 21 June 2007

      Japan and India Join in Filing WTO Complaint against U.S.

      The waters are getting choppy between the East, West and the Caribbean against the U.S. banning Internet gambling to U.S. players and their U.S. funds going to other countries. Geneva-The Caribbean nation of Antigua and Barbuda, yesterday said; that for the United States’ failure to comply with a World Trade Organization ruling that it’s Internet gambling restrictions are illegal, the U.S. should face commercial sanctions worth more than 3 billion U.S. dollars each year.

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    • 19 June 2007

      EU Joins Antigua in Complaint against UIGEA

      How much will it take before the ban is lifted on U.S. online gambling? Not just a questions of many American citizens, but it is now a world-wide question on the minds of The World Trade Organization, The European Union, British online gaming operators and many others are stacking up on this list as the months go by.

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    • 11 June 2007

      Introduction of Online Gambling Legislation Continues

      First, Rep. Barney Frank (D-MA) introduced the IGREA (tabled after hearings held Friday) then Rep. Robert Wexler (D – FL) introduced the Skill Game Protection Act, which is geared toward exempting games of skill like chess, mahjong and poker from the UIGEA Now another bill has been introduced by Rep. Jim McDermott (D – WA) titled Internet Gambling Regulation and Taxation Enforcement Act which would define the tax structure for the IGREA.

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    • 11 June 2007

      IGREA Tabled After Online Gambling Hearings

      The Plain Dealer reported that the UGREA, a bill that would legalize and regulate online gambling, has been tabled until its author, Rep. Barney Frank, can gather more support for his bill. “There are more votes for my position now than there were a year ago, but there aren’t yet enough,” Frank said after a hearing at which Barberton minister Greg Hogan Sr. described how his son, Greg Jr., robbed a bank to pay Internet poker debts.

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    • 11 June 2007

      Neteller Hopes To Announce Further Progress by July 13th

      Well the expected announcement from Neteller regarding the release of funds from US accounts arrived and the expected details of prompt money distribution did not. In a statement released by Neteller, it was stated “we are disappointed not to have been able to return funds to our US customers at this point, we believe that the steps we have made in our discussions are significant and we hope to be able to announce further progress with the USAO by 13 July 2007.”

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    • 11 June 2007

      Testimony Given To House Committee - "Online Gambling Can Be Regulated In The US"

      Representative Barney Frank delivers as promised, taking the subject of online gambling to the House Committee on Financial Services last week. TMJ4, an NBC affiliated television station, carried this report “Regulated Internet Gambling: Better Protect American Consumers“

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    • 11 June 2007

      Online Gambling Arrests Impact Industry

      The GIGSE or Global Interactive Gaming Summit & Expo as its formally known, is usually the online gaming industry’s biggest event, last year drawing 1800 attendees. Then came the arrests of online gambling executives while in the US and the attendance at this year’s GIGSE drew about half that amount. In an article in the Philadelphia Daily News they take a look at what happened and the repercussions. “Last July, David Carruthers, the chief executive officer of BetonSports.

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