Gambling News

  • 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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  • 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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