• Gambling News

    • 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. At a press conference US Attorney Brett Tolman said “We now have a body of information technology and strategy that can cross many jurisdictions”

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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. All together Police seized 4 billion yuan (US$519 million) in bets during a raid in neighboring Jiangsu Province and arrested 37 members of the gang behind it

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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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    • 02 May 2007

      US Sports Leauges Say No To Govt Involvement in Pro Sports but Yes To Govt Ban On Personal Rights

      The sports organizations in the US, represented by lobbyists from Covington & Burling, sent a letter to the offices of Financial Services Committee members a few days ago expressing their displeasure over the possible legalization of any online sports gambling, according to a report in The Hill “A coalition of major amateur and professional sports leagues is urging members of the House Financial Services Committee to oppose legislation unveiled by Chairman Barney Frank (D-Mass.

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    • 01 May 2007

      The Word According To Senator Kyl - UIGEA

      Senator Jon Kyl authored an article carried in the National Ledger Monday regarding the repeal of the UIGEA or to be exact, why the attempt to repeal the UIGEA should and would fail. The article opens with “Last week, Arizona authorities raided four illegal online gambling rings, centered in Phoenix but operating in three states, seizing millions of dollars in cash, cars, and property.

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    • 30 April 2007

      Online Poker Players In UK Can Yahoo! Too

      Yahoo, the internet search engine giant is now offering real money online poker in it’s games section for the UK.Yahoo partnered with St Minver Ltd. which is a gaming network based in Gibraltar and as a unit joined Boss Media’s International Poker Network.“We are delighted to be working with Yahoo!

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    • 30 April 2007

      UK Online Casino Operators Not Involved In US Gambling Legislation

      eGaming Review Refusing to support or even offer encouragement for the recently proposed online gambling legislation in the US, the Remote Gaming Association (RGA) has admitted the organization and its members were not interested in becoming “heavily involved” in the recent lobbying effort according to eGaming Review In response to accusations from sources in the US that lobbying efforts for the legislation introduced by Barney Frank were not being supported by the RGA.

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    • 30 April 2007

      Rep Barney Frank Will CAll For A Vote When He Knows He Will Win

      In a statement to eGaming Review, Congressman Barney Frank Frank said he would not put his recently announced Internet Gambling Regulation and Enforcement Act to a vote on the floor of the House of Representatives unless he knew he could win. “I control the timing of the Committee for legislation,” said Frank. “I would not schedule this for a vote unless I think the votes are there to support it. The process is: if and when I think I have the votes, I will have the votes on it.

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    • 30 April 2007

      888 Holdings Posts Profits Up 55%

      MarketWatch reports that 888 Holdings, an online gambling company in the UK, reported on Monday a 55% rise in profit. 888 Holdings credits the rise to its efforts toward their search for acquisition opportunities to offset the forced closure of its U.S. business. Chief Executive Gigi Levy told MarketWatch in an interview that the firm is looking at acquisitions and opportunities for organic growth after the introduction of the U.S.

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    • 26 April 2007

      Gambling online has been decriminalized in Washington State - Retraction

      A Retraction is in order to the following: 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. The details of this new Washington State bill can be found here: This Retraction became necessary because of a typo from the Washington State Legislature. When called, many apologies were given for the mix up.

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    • 26 April 2007

      The US Could Lose To the WTO and Antigua In It's Stand Against Online Gambling

      Financial Post Part of the Canada.com Network Sallie James, Financial Post Thursday, April 26, 2007 ‘On March 30, a World Trade Organization tribunal handed down a potentially significant finding against U.S. restrictions on Internet gambling. The smart money now thinks that online betting could soon be liberated.

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    • 26 April 2007

      Neteller Closes Down Debit Card Service

      Neteller is today notifying it’s millions of members that “Due to the changes with Neteller card, the ability to transfer funds from a member account to the Neteller card has been restricted as of April 26, 2007 at 12 am (GMT). Members will no longer be able to load funds onto their card. The ability to withdraw funds already on Neteller cards at ATM machines and point-of- sale (POS) terminals will not be affected until May 2nd 2007. As of May 2nd, your Neteller debit card will no longer work.

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    • 26 April 2007

      40 Million Users Gambling Online and Could Quadruple By 2020

      Silicon Republic Online gambling set to quadruple by 2020 26.04.2007 – Online gambling to date has netted 40 million users worldwide and looks set to quadruple by 2020, according to Irish research company iReach. “The proliferation of new technologies has certainly helped shape a once embryonic marketplace with access to online gambling and gaming sites now aided through broadband internet, WAP technology and interactive television” said Ara Cho, business analyst with iReach.

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