Gambling News

  • 23 May 2007

    Carve Outs In UIGEA Means Racetracks Can Offer Online Gambling To Non-US Citizens

    Bob Evans, CEO of Churchill Downs, told a group at their business luncheon that Churchill Downs and the Kentucky Derby could be the ‘new online casinos in the future catering to non-US citizens’.Mr. Evans said his company is allowed to have an online presence because of the exemption for Internet horse wagering put in the UIGEA. He emphasized his company would be allowed to offer casino and gambling games outside of horse racing if they offered them to non-US citizens.

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  • 23 May 2007

    Frist and Leach On 'World Bank President' List

    Paul Wolfowitz, President of World Bank, announced he would resign his position by the end of June, leaving under a dark cloud that stemmed from a controversy regarding a $50,000 pay raise with a guarantee of further raises and promotions that he engineered for Shaha Ali Riza. Ms. Riza is also employed at World Bank and is and has been Wolfowitz’s girlfriend since before his assignment as President.Wolfowitz was appointed President of World Bank by President George W. Bush.

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  • 19 May 2007

    Online Gambling, David Carruthers and UIGEA - Dominique Speaks Out

    During a discussion on the aggressive stance David Carruthers and his legal team has undertaken in response to his arrest in connection with online gambling site BetOnSports, Games and Casino’s own Dominique expressed her views on actions, catalysts and free speech. “We sorely need injured parties like the UK to speak up. David C. has the right idea, he appeals to the various affected British channels. The EU also has a bone to pick with the US regarding this.

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  • 19 May 2007

    Over $78 Million Neteller, Citadel and FirePay Funds Siezed By DOJ

    By now most people with an interest in online gambling know about the arrest of the Neteller founders and the confiscation by the US DOJ of over $55 million of customer funds said to be in transfer through US financial institutions at the time of the arrests.

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  • 19 May 2007

    David Carruthers, Ex CEO of BoS Prepares For Battle

    There’s a great article at Covers.com that discusses the battle David Carruthers, ex CEO of BetOnSports, is preparing for in a US court of law. Games and Casino reported earlier this week that Carruthers had sent a letter to BoS advisors and politicians asking the UK for help. “…Carruthers is the former CEO of U.K.-based sportsbook, BetonSports.com. He was arrested last July in Fort Worth… charged with numerous offenses related to the operation of the company.

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  • 17 May 2007

    Founder of BetOnSports Pleads Not Guilty

    Gary Kaplan, founder of BetOnSports had his day in court Tuesday, at least one of them. On May 15, 2007 he pled not guilty to racketeering and conspiracy charges related to the British online gambling company’s allegedly illegal acceptance of bets from the U.S. The New York Post reports that Kaplan, 48, entered his plea before U.S. Magistrate Mary Ann Medler in St. Louis federal court, 10 months after U.S. prosecutors unsealed an indictment against him.

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  • 17 May 2007

    Neteller Case Rescheduled to May 30th

    I know this is going to come as a big surprise but the court case for the two Neteller founders Lawrence and Lefebvre has been rescheduled again. The two men were arrested in January on charges which included money laundering and promoting illegal gambling. This will be the 5th court date and 4th continuance granted in this case. I erroneously reported it was the 4th continuance last month. Attempts to follow this case and get accurate information has proven to be educational.

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  • 16 May 2007

    David Carruthers, BoS Ex-Boss, Asks UK For Help

    Just in from eGaming Review are reports that “David Carruthers, ex-chief executive of BetonSports, has sent a letter asking for individuals at the company’s former advisers to lobby the UK government, the EU and UK and European Members of Parliament on his behalf as part of his attempts to use the recent WTO decision as part of his defence.

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  • 16 May 2007

    bwin Wins Title 'World's Biggest Publicly Listed Online Gaming Provider'

    The Financial Mirror reports that for the first time ever in Q1 2007 now ended, bwin Interactive Entertainment AG has won the title they’ve been seeking since 2004. They are now officially the ‘Worlds’ Biggest Publicly Listed Online Gaming Provider’, speaking in terms of both the number of active customers and gross and net gaming revenues.

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  • 16 May 2007

    New Google Program Compiles Psych Profile of Online Players

    Google has submitted a patent request (US and Europe) for a new program that compiles psych profiles of online ‘gamers’. The thought behind the program is that a player’s in-game behavior provides insight into that player’s personality type. Traits like honest or dishonest, passive or aggressive and includes their personal preferences. This program would then help advertisers target players more effectively.

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  • 16 May 2007

    Bwin Betting On Czech Gamling Increasing

    Czech Business carried an interview with Bwin Interactive regarding the Czech government’s stance on online gaming and Bwin’s successful European operations. “Foreign online gambling companies are betting they’re onto a Czech business jackpot because government officials will never be able to stop their Internet activities run from abroad.

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  • 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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  • 08 May 2007

    UK Companies Plan Grass Roots Campaign In US for Internet Gambling

    UC Group and Baker Tilly believe they have the software and technology to perfectly compliment Rep. Barney Franks new legislation for internet gambling. Their product allows the user to pinpoint the age and location of bettors and detect compulsive gambling and money laundering. The software is already operating in systems around the world according to a company spokesman. the Hill reports that the 2 companies teamed up to launch the “Safe and Secure Internet Gambling Initiative”.

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  • 07 May 2007

    Politicians Silent On US Refusal To Comply With WTO Online Gambling Ruling

    On Friday, April 4, 2007, the US announced its decision to ‘modify’ the commitment made in 1993 to open U.S. markets to “recreational services.” and clarify that gambling services are not included. This unprecedented action would remove any WTO jurisdiction to online gaming and nullify Antigua’s recent WTO court victory.Response to this newest US decision, good or bad, has been reported from several countries outside the US but there has been no comments from the US political arena. Not one.

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  • 05 May 2007

    Antigua Feels 'Deep Disappointment' Over US Actions To Nullify WTO Ruling

    Antigua today expressed ‘Deep Disappointment’ over the announcement by Deputy U.S. Trade Representative John K. Veroneau who said “U.S. federal and state laws have banned interstate gambling for decades, therefore it would be nonsensical for the U.S. to make a commitment to open up interstate gambling for foreign providers when it was unlawful for U.S. providers.

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  • 04 May 2007

    US Will Not Comply With WTO Ruling On Online Gambling

    The Houston Chronicle reported that the United States will use a World Trade Organization procedure to clarify its ban on online gambling, according to a U.S. trade representative. Deputy U.S. Trade Representative John K. Veroneau said today that “U.S. federal and state laws have banned interstate gambling for decades, therefore it would be nonsensical for the U.S. to make a committment to open up interstate gambling for foreign providers when it was unlawful for U.S. providers.

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  • 04 May 2007

    Rep. Berkley Introduces Bill Into Congress Calling For One Year Study Of Online Gambling

    More activity this week as Rep. Shelly Berkley (D-NV) yesterday introduced a bill calling for a one year study of online wagering to be conducted by the National Academy of Sciences. Las Vegas Review-Journal reported that Rep. Berkley wants to repeal the UIGEA which was rammed down lawmakers throats last year during the last minutes of session and signed into law October 13th as part of an unrelated bill.

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  • 03 May 2007

    Neteller Not Down Yet - New Debit Card for All Countries but US and Canada

    The reports of Neteller’s demise may have been exaggerated a bit. Neteller today announced a new prep-paid debit card for use world wide except in the US and Canada. …members can fund directly from their e-wallet account*. As a NETELLER member you’ll be able to use this card anywhere that accepts MasterCard®, including ATMs and point-of-sale terminals and internet sites worldwide.

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  • 02 May 2007

    New Mexico Governor Favors Repeal of UIGEA

    While on a campaign stop in Nevada this week Bill Richardson, Democratic presidential hopeful, said he favors repealing last year’s congressional ban on internet gambling. According to Yahoo! a reporter talked to Mr Richardson regarding his stance and relayed the following information: “I’m against shutting it down,” Richardson said in an interview with The Associated Press.

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  • 02 May 2007

    Papua New Guinea Legalizes Casinos and Online Gambling

    The Papua New Guinea Government just passed a gaming law that allows casinos and online gambling into the country. This legislation was taken in a move to fuel the economy of a nation with a population of just less than 6 million people and 20 provinces. Papua New Guinea’s parliamentarians voted unanimously (61-0)in favor of the Gaming Control Bill Act 2007 that states each of Papua New Guinea’s 20 provinces will be allowed to hold a casino licence for 10 years.

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  • 02 May 2007

    Internet Gambling Giant 888's Hard Work Reflects Increased Profits

    FinanceWeek reported yesterday that “While online gambling firm Party Gaming has warned that its performance is likely to be way below expectations as it struggles to come to terms with the loss of the US market, rival company 888 has enjoyed increased profits.

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