• Gambling News

    • 18 October 2006

      Same Song, Second Verse - Prohibition II: Good Grief

      MSNBC – Newsweek By George F. Will Newsweek Oct. 23, 2006 issue – Perhaps Prohibition II is being launched because Prohibition I worked so well at getting rid of gin. Or maybe the point is to reassure social conservatives that Republicans remain resolved to purify Americans’ behavior. Incorrigible cynics will say Prohibition II is being undertaken because someone stands to make money from interfering with other people making money.

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    • 18 October 2006

      Online Gambling top gaining category before Bill passed

      EGAMEPULSE (www.egamepulse.com) Tuesday, October 17. 2006 Ironically, just prior to the landmark legislation passed by Congress in early October to stem gambling over the Internet, Online Gambling was the top gaining category in September, posting a 17-percent gain versus August. Leading the category was embattled PartyGaming with 10.9 million U.S. visitors, a 75-percent increase, followed by SportingBet PLC, the second-biggest gaining Web property during the month with 5.4 million U.S.

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    • 18 October 2006

      BETONSPORTS STRIKES DEAL WITH US DOJ, CARRUTHERS NOT MENTIONED

      ANTIGUA SUN Wednesday October 18 2006 by Patricia Campbell The civil case against Internet gambling company BetonSports is approaching a resolution, but criminal charges against former Chief Executive Officer David Carruthers and a number of other principals in the company still stand.

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    • 18 October 2006

      ANTIGUA MEETS WITH WTO AND 3RD PARTY EU, JAPAN AND CHINA

      GAMBLING911Gambling911.com News Wire Originally published October 18, 2006 8:55 am ET Antigua and Barbuda’s delegation to the World Trade Organisation (WTO), led by Ambassador Dr John Ashe and included Mark Mendel, Legal Adviser, and Elliott Paige, Minister Counselor, OECS Technical Mission to the WTO held consultations in Geneva on Tuesday with representatives from the European Commission, Japan and China, which are third Parties to its Internet gaming case against the United States.

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    • 18 October 2006

      CONGRESSWOMAN BERKLEY SLAMS ONLINE GAMBLING LEGISLATION AS 'RIDICULOUS ABUSE OF POWER'

      CASINOS.CH 18/10/06 Shelley Berkley of Las Vegas Calls Move a ‘Ridiculous Abuse of Power’ When a federal act to protect the nation’s ports came in front of Congress at the end of last month, only two members voted against it.

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    • 16 October 2006

      INTERNET GAMBLING STILL A GOOD BET

      BUSINESS WEEK ONLINE The Associated Press/NEW YORK By JEREMY HERRON AP Business Writer OCT. 16 3:08 P.M. ET Even though President Bush has signed a law to curb Internet gambling, investors in the handful of U.S.-listed Internet gambling companies may not want to fold their hands just yet. “There is growth in this industry even without the United States,” said Blackmont Capital technology analyst Wojtek Nowak.

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    • 16 October 2006

      LAWYERS SAY A TENTATIVE DEAL WAS STRUCK BETWEEN BETONSPORTS AND DOJ

      BLOOMBERG.COM By Andrew Harris and Benjamin Israel Oct. 16 (Bloomberg) — Betonsports Plc., the British Internet bookmaker indicted in the U.S. for illegal gambling, has reached a preliminary deal with prosecutors to end a civil suit seeking to ban the company from doing business in the U.S. U.S. District Judge Carol Jackson in St. Louis granted the parties one week to complete what Assistant U.S.

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    • 16 October 2006

      GAMINGKING ANNOUNCES RESIGNATION OF CHIEF EXECUTIVE

      INTERNATIONAL HERALD TRIBUNE The Associated Press October 16, 2006 LONDON Gamingking PLC, a provider of online gambling services, said Monday that Nicholas Watkins resigned as chief executive. Watkins is the latest executive of a British online gambling company to resign his role after Congress introduced legislation to ban Internet gambling in the United States.

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    • 15 October 2006

      LASSETERS HALTS SERVICE TO US ONLINE GAMBLERS

      THE AUSTRALIAN October 16, 2006 ONLINE casino operator Lasseters Corp Ltd has halted services to the US following legislation introduced there making it illegal to accept online bets from US-based players. Lasseters said the Unlawful Internet Gambling Enforcement Act would eliminate about half of the world’s estimated $US10 billion ($13.34 billion) online gaming industry.

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    • 15 October 2006

      US CASINOS HEAD FOR THE ISLANDS TO AVOID US BAN

      TORONTO STAR Oct. 13, 2006. 01:00 AM PETE HARRISON REUTERS NEWS AGENCY LONDON—A looming U.S. ban on Internet gambling is already scaring off London-listed operators, but the industry will continue to thrive in the hands of private operators in locations like Costa Rica, Antigua and Curacao. The fear of extradition to the United States has forced executives in the United Kingdom to turn away from their most lucrative market, some selling their U.S.

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    • 15 October 2006

      ONLINE GAMBLING SITES CONTINUE TO ADVERTISE IN SPITE OF CRACKDOWN

      NEWSDAY.COM By DAVID B. CARUSO Associated Press Writer October 14, 2006, 5:20 PM EDT NEW YORK — Despite repeated warnings from law enforcement officials, offshore Internet gambling companies have continued to advertise heavily in the United States. Giant billboards in Manhattan, some several stories high, brazenly advertise Internet gambling sites like Sportsbook.com, now based in Antigua.

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    • 14 October 2006

      LEISURE AND GAMING SUSPENDED ON AIM UNTIL SALE OF US OPERATIONS COMPLETED

      LIFE STYLE EXTRA Finance News Latest UK-related finance news headlines Friday, 13th October 2006 14:42 LONDON (AFX) – Leisure & Gaming PLC said it has concluded that the sale of its US-facing gaming businesses is the best course of action given pending legal developments in the US, given the alternative of liquidating the businesses at substantial cost estimated to be about 6.0 mln usd. Shares in the company have been temporarily suspended on AIM.

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    • 13 October 2006

      THE SKY ISNT FALLING FOR ONLINE GAMING

      Article carried at WINNER ONLINE (WOL) by Karl Yu, Winneronline 12 October, 2006 You can relax Chicken Little, contrary to reports, the sky isn’t falling. When news broke that the United States had made an addendum to the Safe Port Act that would limit online gambling, no doubt, poker players considered running to the hills.

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    • 13 October 2006

      DON'T BET ON BAN ENDING INTERNET GAMBLING

      MSNBC Will ban end Internet gambling? Don’t bet on it Bill may win political points, but $12 billion industry can work around it By Mike Brunker Reporter MSNBC It took Congress more than a decade to pass a ban on Internet gambling. Now comes the hard part.

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    • 13 October 2006

      BUSH SIGNS PORT SECURITY/INTENET GAMBLING BILL, MAKES NO MENTION OF INTERNET GAMBLING BILL ATTACHED

      NEWS CHANNEL 9 – ABC Last Update: 10/13/2006 10:34:02 AM WASHINGTON (AP) – President Bush signed a bill Friday to help prevent terrorists from sneaking a nuclear, chemical or germ weapon into the United States inside one of the 11 million shipping containers that enter the nation each year – many without inspection. “We’re going to protect our ports. We’re going to defend this homeland, and we’re going to win this war on terror,” Bush said.

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    • 12 October 2006

      GAMBLING LEGISLATION IN VIOLATION OF 'READ THE BILLS' ACT?

      FREE MARKET NEWS NETWORK WHAT CONGRESS INSERTED Monday, October 09, 2006 Congress passed a lot of legislation at the last minute before adjourning. We highly doubt they read any of it. There was no waiting period to give them time to read the bills, even if they had wanted to know what they were passing. Bad stuff was inserted and combined with completely unrelated material. Most in Congress had no idea what they were voting for, and we are only just now learning the details of much of it.

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    • 12 October 2006

      SPORTINGBET PLC SET TO OFFLOAD US BUSINESS TO PRIVATE SECTOR

      THE ONLINE WIRE (TOW) The earthquake ignited by the approval of the Unlawful Internet Gambling Act by the U.S. Congress is still in motion. Sportingbet PLC announced to the AIM that the group is considering to offload its U.S. facing business to the private sector by Friday, October 13. “As part of this review the Board is considering a number of approaches that it has received for the Group’s US facing business.

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    • 12 October 2006

      Barclays and RBS Warn Gaming Clients On US - Will Comply With Legislation

      REUTERS UK Thu Oct 12, 2006 10:16 AM BST254 LONDON (Reuters) – Barclays (BARC.L: Quote, Profile, Research) and Royal Bank of Scotland (RBS.L: Quote, Profile, Research) will shortly advise corporate customers to avoid taking Internet bets from the United States, banking and gambling sources said on Thursday. “The two banks will be telling corporate clients they’re not prepared to do business with companies that take online bets from the United States,” said the source.

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    • 11 October 2006

      FIREPAY ISSUES NEW POLICY FOR US ACCOUNT HOLDERS

      On September 30, 2006, the United States Congress passed the Unlawful Internet Gambling Enforcement Act of 2006.Once President Bush approves the Act. FirePay (www.firepay.com) will no longer allow US consumer payments for online gambling merchants.Beginning the day President Bush signs the Act, FirePay will decline any purchase transactions from US FirePay account holders at any gambling merchant site.

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    • 11 October 2006

      PartyGaming Drops Out of FTSE 100

      iGAMING BUSINESS 11-10-06 Online gaming group PartyGaming has lost its coveted place in the FTSE 100 index following the collapse of its shares during a horrific fortnight for the Internet gambling industry, which has seen company after company pulling out of the US market.

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    • 11 October 2006

      WebDollar and Pharoh's Casino Cut Off US Players October 12th

      The upcoming ban on Internet gambling payment processing will effect all players registered with an US-address playing at Pharaoh’s Casino. WebDollar will not accept deposits or withdrawals from players resident in the United States once the ban is enacted. Withdrawals will be possible until Thursday October 12, 23:00 (GMT), when all US players will be blocked from accessing the software.We like to thank all our US members for their loyalty while playing in Pharaoh’s Casino.

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    • 11 October 2006

      ONLINE GAMING IN CRISIS

      ISLE OF MAN TODAY SHARES in the Island’s listed online gaming companies plummeted last week amid fears that a clampdown in the US could destroy the industry.

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    • 11 October 2006

      Leisure & Gaming Going Private

      REUTERS LONDON, Oct 11 (Reuters) – The U.S.-focused gambling operations of Britain’s Leisure & Gaming (LNG.L: Quote, Profile, Research) are likely to be taken private and continue operating after online gambling is banned there, a source close to the company said on Wednesday. Leisure & Gaming said on Tuesday it would block U.S. gamblers from its sites, and was in preliminary talks to sell its U.S. operations.

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    • 11 October 2006

      eCOGRA STRESSES ONLINE GAMBLING PLAYER PROTECTION MORE ESSENTIAL THAN EVER

      eCOGRA URGES ITS SEALHOLDERS TO CONTINUE TO ACT RESPONSIBLY LONDON, October 11, 2006 The non-profit online gambling standards and player protection body eCOGRA (eCommerce and Online Gambling Regulation and Assurance) www.ecogra.org has reiterated the critical importance of consistent and monitored standards for professional online casino and poker room operations to ensure players receive a fair gaming experience and good customer service all backed up by a strong dispute mediation service.

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    • 10 October 2006

      INTERNET GAMBLING LAW "CONTRADICTORY AND INEFFECTIVE"

      THE KANSAS CITY STAR By RICK ALM – Columnist In the closing moments before it adjourned for its biennial reckoning with voters, Congress hastily outlawed financial transactions that facilitate Internet gambling. The Unlawful Internet Gambling Enforcement Act of 2006 makes criminals of companies — not players — who electronically move money for the purposes of online sports betting: wagering on dog races, poker and other casino-style games.

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    • 10 October 2006

      US DEALS DOUBLE BLOW TO CARIBBEAN

      NATIONNEWS.COM Published on: 10/10/06. An objective assessment of how decisions by United States lawmakers can negatively impact on the economies of the Caribbean would establish that last month was one that brought very bad news for this region.

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    • 10 October 2006

      AMERICANS STILL FREE TO GAMBLE ONLINE SAYS IGC

      INTERACTIVE GAMING COUNCIL (IGC) October 9th, 2006 AMERICANS STILL FREE TO GAMBLE ONLINE – Congress passes a ban that targets payment mechanisms, but fails to protect the players. CONTACTS: Rick Smith, Executive Director, executive.director@igcouncil.org | Phone: 1-604-732-3833 Keith Furlong, Deputy Director, keith@cataniaconsulting.com | Mobile: 1-732-687-0880 9 October 2006 – After a decade of false starts, anti-gambling forces in the U.S.

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    • 10 October 2006

      LEISURE & GAMING JOINS FAIRGROUND GAMING AND FIREONE - EXIT US ONLINE GAMBLING MARKET

      BETTING MARKET (www.bettingmarket.com) The passing of the Unlawful Internet Gambling Enforcement Act of 2006, which makes unlawful the receipt by a gambling business of proceeds or monies in connection with unlawful internet gambling, has led to three more companies announcing plans to exit the US facing online gambling market. Leisure & Gaming plc a holding company focused on the interactive betting and gaming sector operates a number of online sports betting and casino brands.

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    • 10 October 2006

      NEW VIDEO ON ONLINE LEGISLATION - TRUTH BEHIND ONLINE GAMBLING BAN

      New Video has been released from APCW (Association of Professional Casino Webmasters) regarding the recently passed online gambling legislation. J. Todd presents information concerning Congressional motivation and doesn’t do a bad job as Elvis! TRUTH BEHIND ONLINE GAMBLING BAN

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    • 10 October 2006

      More online firms suspend US gambling operations

      INTHENEWS – www.inthenews.co.uk Tuesday, 10 Oct 2006 10:16 The new US law bans banks from processing online gambling payments Two online gambling firms have announced that they are suspending their operations in the US ahead of the imminent implementation of new laws restricting internet gaming.

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