Gambling News

  • 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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  • 25 April 2007

    Online Gambling in Washington State Decriminalized

    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.

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  • 25 April 2007

    Online Gambling Ban Repeal Bill

    A Press Conference will be held by on Thursday April 26, 2007 at 10:00am by Washington, DC’s House Financial Committee Chairman Barney Frank to discuss the Internet Gambling Regulation & Enforcement Act of 2007. You must understand that Congressman Barney Frank has spent many hours of work in the past, towards repealing this bill which was slipped in at the last moment.

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  • 21 April 2007

    Germany to Liberalise Sportsbetting Market

    Gaming Intelligence Group 20 April 2007 The budget and financial speakers of the Christian Democratic Union and the Christian Social Union agreed this week at a meeting in Stuttgart to propose abolishing the state monopoly on sports betting, and to allow the lottery market to continue unchanged under the terms of the 2004 State Treaty. The terms of a liberalised sports betting market are to be drawn up in a separate State Treaty.

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  • 21 April 2007

    Chinese Political Prisoner Sues Yahoo! For Providing Info

    Times Online Rhys Blakely A Chinese political prisoner sued Yahoo! in a US federal court, accusing the internet company of helping the Chinese government torture him by providing information that led to his arrest. The suit, filed under the Alien Tort Claims Act and the Torture Victims Protection Act, is believed to be the first of its kind made against an American internet company.

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  • 20 April 2007

    Congressman Frank Feels Support Against Online Gambling Ban Growing

    Las Vegas Review-Journal By TONY BATT Apr. 19, 2007 WASHINGTON — Although there may not be much support in Congress for Internet gambling, Rep. Barney Frank says resistance is growing against a ban passed late last year. “I think a lot of members of Congress voted for that (ban) without having given it a lot of attention,” Frank said Wednesday. “And I think that there is growing opposition to it,” he said.

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  • 20 April 2007

    South Africa Works To Control Online Gambling By Legalization

    An article in The Herald (www.theherald.co.za) discussed the legalization of online gambling in South Africa. According to the article, the attitude of the South African government is ‘if you can’t beat them join them… or at least regulate them’ . ‘Them’ in this case is the online gambling industry. After watching the U.S.

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  • 20 April 2007

    Hungary Complies With European Commission Order, Expands Online Gambling Services

    Caboodle State gaming company Szerencsejáték announced a public tender for the purchase of IT equipment to be used to expand online gambling services, CEO Gábor Székely said. The introduction of some of the games will take 18 months, due to long legal procedures, he noted. Some games, including lotteries, can not be played by foreign residents, as they have no registered address or bank account in Hungary.

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  • 19 April 2007

    YouTeller Launch Postponed After Legal Problems With Neteller

    NewswireToday London, United Kingdom, 04/19/2007 London-based technology company not interested in NETeller takeover. After facing legal problems with NETeller Plc. Seed Capital Ltd. decided to delay the launch of their new payment processor YouTeller.com. “It is in everyone’s interest that YouTeller will not be confused with NETeller,” said Seed Capital spokesman Florian Schweitzer.

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  • 18 April 2007

    Betex Senior Staff Members Detained By Chinese Authorities

    eGaming Review Asian-facing betting and gaming company Betex has said two of its senior staff at its Beijing operation have been detained and a third is being sought by the Chinese authorities in the province of Jilin. In a statement to the London Stock Exchange, the company said it believes the alleged illegal activity related to conduct by these individuals and “does not call into question the legality of the company’s software product, or the conduct of the company”.

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  • 17 April 2007

    Neteller Co-Founders Date With DOJ Recheduled For May 16, 2007

    John Lefebvre and Stephen Lawrence, co-founders of Neteller and reluctant guests of the state of New York for the last 3 months have agreed to yet another continuance with the US DOJ. Judge Moss granted the continuance in the interests of Justice and the case has been rescheduled for May 16, 2007. Lefebvre and Lawrence were arrested on January 15, 2007 Founders Of Neteller Arrested On Both Coasts Of U.S.

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  • 16 April 2007

    Online Gambling Ban Criminalizes America's Favorite Pastime

    Bloomberg By Ann Woolner April 13 (Bloomberg) — As friends whom I shall not name gathered Saturday night at an undisclosed location, I looked around the table and realized it was surrounded by criminals. The evidence was everywhere. The cards, the poker chips, the bowl of money that served as the bank showed these solid citizens to be lawbreakers. As for me, I plead the Fifth.

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  • 16 April 2007

    Internet Gambling Campaign Launched To Repeal UIGEA

    Casino Gambling Web has started a campaign labeled ‘Outcry’ which includes phone calls, letters and emails to members of congress denouncing UIGEA and asking for repeal of the unpopular legislation. According to their website “Congressman Barney Frank has said he will strongly support a repeal of what he calls ‘the stupidest law’ in the history of the United States if the public outcry for a repeal is loud enough.

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  • 16 April 2007

    Congressman Frank Will Introduce Bill In Next 2 Weeks To Repeal Internet Gambling Ban

    REUTERS Thu Apr 12, 2007 11:34AM EDT By Huw Jones BRUSSELS (Reuters) – A bill to end a ban imposed last year on online gambling in the United States will be presented within two weeks but will likely need time to garner support, U.S. Rep. Barney Frank said on Thursday. Internet gambling in the United States was effectively banned last October when President George W. Bush signed legislation outlawing gaming financial transactions.

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  • 09 April 2007

    LA Times Urges US To Repeal Online Gambling Ban

    Los Angeles Times Sunday, April 8, 2007 ANTIGUA AND BARBUDA, former British colonies on the eastern edge of the Caribbean Sea, are smaller than Los Angeles and less populous than Burbank. Yet they may be able to force the world’s most powerful government to change its gambling laws. Not since 1960 has it been legal under federal law to place or take bets on sports using interstate or international phone lines.

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  • 03 April 2007

    EC Requests Member States To Amend Gambling Laws

    CZECH BUSINESS By: Judit Zegnál, 02. 04. 2007 In response to repeated complaints by online betting companies, the European Commission (EC) took action to put an end to the obstacles to sports betting services in Hungary, Denmark and Finland.

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  • 30 March 2007

    Gambling Lobbies Spend Millions Annually

    USA TODAY By Diana Marrero, Gannett News Service WASHINGTON — Casinos, Indian tribes and other groups spent millions lobbying Congress last year as lawmakers considered bills to ban wagering online and off Indian reservations… The $25 million the gaming industry spent on lobbying in 2006 was a slight increase over the previous year’s total, but down from the $28.

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  • 30 March 2007

    WTO Official Ruling: US Internet Gambling Ban Illegal

    Bloomberg By Warren Giles March 30 (Bloomberg) — The U.S. ban on offshore Internet gambling payments is illegal, the World Trade Organization said today, upholding a previous decision that allowed for possible sanctions… Antigua and Barbuda, a Caribbean nation of 80,000 people, has challenged Bush administration efforts to close the estimated $12 billion global business to U.S. residents, who account for half of the market. The U.S.

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  • 30 March 2007

    Poland Government Prepares To License Online Gambling

    Online-Casinos.com reports that The Warsaw Voice had some good news for online gamblers in Poland this week as the Polish government is prepares to license online gambling. Apparently taking a cue from the European Commission’s recent ruling that went against Italy’s attempts to ban foreign bookmakers, the Polish government is planning to introduce regulations in line with the EU ruling.

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  • 30 March 2007

    Ringleader Of Illegal Sports Betting Operation Was NYPD Cop

    NY1 March 29, 2007 Two former city police officer were among the 17 people busted in what prosecutors say was a multi-million dollar online gambling ring. Investigators say the head of the sports betting operation was John Kinahan, a former NYPD officer. Former detective Phillip Buckles was also arrested. Authorities say the sports ring placed bets through an offshore internet service. The operation brought in more than $30-million in wagers in the past year.

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  • 30 March 2007

    Online Gambling Prohibition Results in Offshore Gambling Boom

    Information Week By Alice LaPlante March 29, 2007 04:00 AM Far from slowing its growth, a government crackdown on online gambling has sent many sites offshore, and many others underground. But it’s a good bet that Internet poker will remain a booming industry. “…But not everyone was so easily spooked. A large numbers of online gambling companies chose to keep their casinos open. Although now operating illegally according to U.S.

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  • 30 March 2007

    Walmart Provides Poker Players An Alternative To Unsafe Payment Processors

    The Register Thursday 29th March 2007 House of Cards The online payment processing industry took it in the chops again this week, as the Electronic Clearinghouse, Inc (ECHO) settled with the US government over allegations that it profited from online gaming transactions by supplying Neteller with payment processing services prior to the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) last October.

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  • 30 March 2007

    UK House of Lords Deals Joker To Online Gaming Plans

    Telegraph By Harry Wallop Last Updated: 1:22am BST 30/03/2007 The casino industry never had a particularly high opinion of the Government but, after the events of the past 10 days, Labour ministers are being viewed with as much relish as a card-counter at a blackjack table. “The UK is the laughing stock of the world, it really is,” said one senior casino executive.

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  • 30 March 2007

    Online Gaming Group 888 Branches Out - Going Into Online Bingo

    REUTERS Thu Mar 29, 2007 LONDON, March 29 (Reuters) – Online gaming group 888 Holdings said on Thursday it was buying the online Bingo business of Globalcom Limited for up to $43.4 million in cash, adding that the deal would enhance earnings immediately. 888 said it would pay $32.4 million, less amounts payable to customers, over a year following completion of the deal. It will pay an extra $11 million depending on performance of the unit which includes twofatladies.

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  • 28 March 2007

    Deal With DOJ Means No Charges Against ECH Payment Processor

    REUTERS March 28, 2007 U.S. prosecutors said on Wednesday they had reached an agreement to not file charges against payment processor Electronic Clearing House Inc. (ECHO.O: Quote, Profile , Research), saying the company is cooperating with the government’s probe into Internet gambling. The company was involved in the transfer of money on behalf of online payment services known as “e-wallets,” which mostly handled illegal transactions with online gambling Web sites, the U.S.

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  • 28 March 2007

    NY Police Arrest Their Own In Bookmaking Operation

    Gambling911 reports a bookmaking operation run by police officers has been broken by New York State Police. 18 individuals are on the list to be announced later today in a press conference. The offshore company is 50Ksports, based out of Costa Rica.

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  • 28 March 2007

    Online Gambling Shoots Down ECHO / Intuit Deal

    DIGITAL TRANSACTIONS (March 27, 2007) Merchant processor Electronic Clearing House Inc. and accounting-software giant Intuit Inc. on Tuesday announced that their planned $142 million merger is off. ECHO chairman and chief executive Joel M. Barry laid much of the blame on a federal investigation into Internet gambling that will involve a $2.

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  • 28 March 2007

    Sportingbet to Move Online Gambling Operation to Channel Islands

    Ledger-Enquirer Wed, Mar. 28, 2007 Associated Press LONDON – Online gambling company Sportingbet PLC, forced to quit the U.S. after lawmakers effectively made the business illegal, said Wednesday it will transfer the group’s operations to the Channel Islands. The company said it is making the move offshore because there remains uncertainty surrounding the precise operational requirements of the 2005 U.K. Gambling Act.

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  • 28 March 2007

    Curacao's Giro Bank Warned 'Stop Online Gaming Business'

    Giro Bank received a letter from it’s sister bank in the US telling them they have to stop doing gaming business or lose the or lose the correcesponding relationship, reports Gambling911. In response to that letter, Giro is sending out their own letter to their gaming clients to let them know. It’s not known what gaming companies might be affected, although VIP.com and Pinnacle Sports base their operations from Curacao.

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  • 26 March 2007

    Neteller Halts Service to Canadian and Turkish Online Gambling Market

    GamingIntelligenceGroup March 26, 2007 NETeller Plc, the British online money transfer business, today announced that it was withdrawing its payment services to online gaming sites for Canadian and Turkish customers. The move is in response to recent regulatory developments surrounding online gaming in Canada and Turkey, which have significantly increased the risk to the Groups ongoing business in those markets.

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