• Gambling News

    • 25 September 2006

      INVESTORS LOSE BILLIONS ON ONLINE GAMBLING

      FINANCIAL NEWS Tara Loader Wilkinson 25 Sep 2006 Regulatory crackdown and arrests in the US have hit pipeline of gaming flotations Investors in online poker should know they can lose their shirts on one bad hand. But they might not have expected such a sustained run of bad cards that has seen the value of online gaming companies collapse by 51% from this year’s highs.

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    • 25 September 2006

      German crackdown raises the stakes for internet gambling

      THE BUSINESS By Eric Culp In Frankfurt And Pierre Tran In Paris 24 September 2006 German crackdown raises the stakes for internet gambling BRITISH executives of online gambling companies could be arrested on criminal charges in Germany if they set foot in the country.

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    • 25 September 2006

      A DEEPER LOOK INTO ONLINE GAMBLING BILL PASSED IN WASHINGTON STATE

      An article from the blog MakeYouGoHmm.com May 27, 2006 On June 7 online gambling becomes felony in Washington state gaming, politics — by TDavid @ 9:30 pm The hypocritical stench surrounding the online gambling law forthcoming in Washington state includes campaign donations from none other than Indian casinos for State Senator Margarita Prentice (pictured below, Sen. Prentice homepage). Her term ends January 2009.

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    • 22 September 2006

      US lawmakers seek online gambling bill compromise

      REUTERS By Peter Kaplan WASHINGTON, Sept 21 (Reuters) – Congressional leaders are trying to forge a compromise that would allow them to push through legislation banning most forms of Internet gambling, aides said on Thursday. Top House and Senate lawmakers have been trying to break a logjam that has stalled the Internet gambling legislation by attaching it to any one of a number of must-pass spending bills before the end of the year, aides said.

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    • 21 September 2006

      EUROPEAN COMMISSION TO TARGET DISCRIMINATING STATES AND ONLINE GAMBLING

      MIDDLE EAST TIMES AFP September 19, 2006 BRUSSELS — The European Commission said Monday that it is prepared to target more member states deemed to be stifling free competition in the sports gambling sector. The move came on the same day as news that a French magistrate formally launched an investigation into contravention of French gambling monopolies by the two heads of the Austrian-German Bwin Internet gambling group arrested last week.

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    • 21 September 2006

      BODOG MARKETING CONFERENCE CANCELLED AGAIN.

      According to Bodog Founder Calvin Ayre, the Bodog Marketing Conference at Atlantis in December 2006 has been cancelled. This was a second attempt to host the online gambling conference, re-scheduled after the cancellation of the Bodog Marketing Conference in September which was cancelled after the arrest of British online gambling CEO David Carruthers in the US. Citing uncertainty of the U.S.

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    • 21 September 2006

      ONLINE GAMBLING SPORTSBOOK BETONSPORTS ATTEMPTS TO SETTLE CIVIL AND CRIMINAL CHARGES

      BetOnSports, the online gambling sportsbook, would like to negotiate a settlement of civil and criminal charges by the US DoJ against BoS for racketeering and fraud and have asked for a meeting to discuss a possible resolution.It was reported by STLtoday.com that Assistant Michael Fagan thought the case could be resolved. What this would mean to David Carruthers, the former CEO of BetOnSports arrested on a 22 count indictment for fraud and racketeering, and his case is unclear at this time.

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    • 21 September 2006

      RIVERBELLE ONLINE CASINO RATED #1

      River Belle Online Casino Wins First Place in Best Online Casino for Progressive Slots GIBRALTER, September 18, 2006 – It’s not easy to win the coveted and highly respected awards handed out to online gaming sites in the annual “Strictly Slots” magazine reader’s poll, but River Belle Online Casino (http://www.riverbelle.com) has managed to do it four times this year.

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    • 19 September 2006

      Playtech Licenses Advanced Multimedia Technology

      Monday September 18, 3:14 am ET NICOSIA, Cyprus, September 18 /PRNewswire-FirstCall/ — Playtech (Cyprus) Ltd., the international designer, developer and licensor of software for the gambling industry, a subsidiary company of Playtech Ltd (LSE: PTEC – News), listed on AIM, announced today the signing of a license agreement with 1st Technology LLC. The license agreement is in relation to 1st Technology’s core multimedia patents applied to advanced online gaming products.

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    • 19 September 2006

      PUBLIC VS PRIVATE IN ONLINE GAMBLING CLASH

      INT’L HERALD TRIBUNE By Eric Pfanner International Herald Tribune Published: September 18, 2006 LONDON The detention of the heads of an Austrian online gambling company by French authorities has raised the stakes in a Europe-wide battle between lucrative state-sponsored betting monopolies and their upstart rivals on the Internet, raising eyebrows at the European Commission in Brussels.

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    • 19 September 2006

      ONLINE GAMBLING EXEC FREED

      RED HERRING September 15, 2006 Peter Dicks has resigned his job as chairman of Sportingbet PLC, but he regained his freedom as New York authorities lifted the threat of extradition to Louisiana hanging over his head and returned his passport. Mr. Dicks, 64, was detained last week after arriving at New York’s JFK Airport from London, where customs officers were alerted to an outstanding warrant for his arrest issued by the state of Louisiana (see Second Gambling Exec Nabbed). Mr.

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    • 17 September 2006

      FRIST TARGETS INTERNET GAMBLING

      ABC NEWS/POLITICS September 17th, 2006 Senate Majority Leader Frist Seeks to Add Internet Gambling Ban to Defense Bill, Sources Say By NANCY ZUCKERBROD WASHINGTON Sep 13, 2006 (AP)— Senate Majority Leader Bill Frist is trying use a bill authorizing U.S. military operations, including in Iraq and Afghanistan, to prohibit people from using credit cards to settle Internet gambling debts. Frist, R-Tenn.

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    • 16 September 2006

      TOP EXECS OF AUSTRIA'S BWIN ARRESTED BY FRENCH POLICE

      Friday Police in France’s Alpes-Maritime region near Nice arrested Manfred Bodner and Norbert Teufelberger, top execs for Austria’s BWIN, for allegedly violating French gaming laws. These laws prevent online gaming and advertisements from companies other than the Francaise des Jeux, which runs the lottery, and the PMU which takes bets for horse races. These two gaming companies hold a monopoly in France.This action has been declared “scandalous” by BWIN’s spokeswoman Karin Klein.

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    • 16 September 2006

      FRIST GOES ALL IN REGARDING ONLINE GAMBLING BAN

      THE WASHINGTON TIMES FRIST SHOWS HIS HAND TODAY’S EDITORIAL September 16, 2006 Senate Majority Leader Bill Frist is trying to force through a restriction on Internet gambling by incorporating it into the FY 2007 defense appropriations bill, according to reports. By attaching a measure intended to ban Internet gambling to a necessary armed services appropriations bill, Mr.

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    • 16 September 2006

      French State Lottery Going After Gambling Execs

      TIMESONLINE (timesonline.co.uk)From Adam Sage in Paris THE French national lottery warned online gaming executives yesterday that they could be arrested if they set foot in France, after the joint chief executives of BWin, of Austria, were detained by French police. The arrest of Manfred Bodner and Norbert Teufelberger as they prepared for a press conference at Monaco football club, which is sponsored by BWin, sent a fresh shudder through the online gaming industry.

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    • 15 September 2006

      GAMING BOSS QUITS BEFORE COURT APPEARANCE

      GUARDIAN UNLIMITED Andrew Clark in New York Friday September 15, 2006 The Guardian The chairman of the gaming firm Sportingbet has severed ties with the company in order to pursue his fight against criminal charges of encouraging illegal online betting in America. Peter Dicks informed Sportingbet of his resignation just minutes before a court appearance in New York yesterday at which a judge gave him permission to return temporarily to Britain.

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    • 14 September 2006

      STRAIGHTS HAVE NO RANKING IN NEW ONLINE POKER ROOM FOR GAY, LESBIAN, BISEXUAL AND TRANSGENDERED PLAYERS

      First Ever Online Poker Room for GLBT – Gay, Lesbian, Bisexual and Transgendered Community Opens New Poker Game Launched For GLBT – No Straights ComeOutPoker.com, the world’s first online poker site catering exclusively to the Gay Lesbian Bisexual Transgender (GLBT) community, launched its real online poker room today. While some of the big- name poker sites may claim gay members, ComeOutPoker.

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    • 14 September 2006

      Justice Department defends using 'dated' laws in gambling arrests

      THE REGISTER www.theregister.co.uk High Wire Act By OUT-LAW.com Published Thursday 14th September 2006 19:04 GMT The US Department of Justice has admitted that the 1961 Wire Act which it uses to prosecute executives of online gambling companies is “dated”. The Department insists, though, that the law is sufficient for the prosecution of gambling executives.

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    • 12 September 2006

      Sportingbet Chairman's Arrest Stuns UK Online Gaming Industry

      Linux Insider Scotland on Sunday 09/11/06 9:22 AM PT “The New York State Supreme Court released Sportingbet Chairman Peter Dicks on $50,000 Friday. He is required to turn over his passport and stay in New York City under terms of the release. Shares in Sportingbet fell 38.5 percent in London on Monday, having dropped as much as 43 percent in early trading….“ “New York police pulled him in as he disembarked at John F. Kennedy Airport.

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    • 12 September 2006

      iGaming Business Discusses Sportingbet with US Lawyer

      iGAMING iGAMING BUSINESS 12-09-06 iGaming Business has spoken with US lawyer David Schollenberger about the recent arrest of Peter Dicks and the wider implications that the detention will have for online gaming in the United States.

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    • 10 September 2006

      US needs to declare its hand on online gambling

      The Sunday Times John Waples TIMESONLINE September 10, 2006 PETER DICKS, chairman of the online gaming group Sportingbet, had to raise $50,000 on Friday for his bail. He was also forced to surrender his passport. But a lot more rides on the outcome of his Supreme Court hearing this Thursday. That is when Dicks will be told whether he will be extradited to Louisiana to face a charge of soliciting a local citizen to make a sports bet online. If he is extradited, the fallout could be immense.

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    • 10 September 2006

      Peter Dicks Flushed By Louisiana Gambling by Computer Law

      BAYOUBUZZ.COM New Orleans, La.–You can bet that Peter Dicks is flushed as he fights to stay away from extradition to a Louisiana Court. The Louisiana anti-Internet Gambling law was designed to do exactly what it the state is doing—keep Internet gaming away from Louisiana.

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    • 10 September 2006

      GAMBLING EXECS NOT SAFE IN US

      24.COM | FIN24.COM Gaming chiefs not safe in US 10/09/2006 13:49 St Louis – Gambling industry experts agree: If you operate an offshore gaming website, stay out of the US. Moments after stepping foot on American soil on Thursday, Sportingbet plc Chairperson Peter Dicks became the second British offshore sports betting executive arrested in recent months for illegal online gambling in the US.

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    • 10 September 2006

      Peter Dicks’s US Arrest Causing Panic at Online Gaming Firms

      TIMES ONLINE The Sunday Times – Business September 10, 2006 Focus: Busted! Peter Dicks’s US arrest is causing panic at online gaming firms, write Dominic Rushe in New York and Louise Armitstead When the New York Giants take on the Indianapolis Colts today, at least $10 of dodgy money will be riding on the game. The bet was made with the London-listed gaming firm Sportingbet.com by Dominic Rushe, our US-based reporter, using his American bank account.

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    • 09 September 2006

      PETER DICKS, SPORTINGBET CHIEF, RELEASED ON $50,000 BAIL

      BBC NEWS 09/09/06 The chairman of UK-based online gaming firm Sportingbet has been granted a $50,000 bail by a US court. Peter Dicks was held in New York on Thursday under a warrant issued by state authorities in Louisiana accusing him of “gambling by computer”. The court in Queens, New York, also ordered him to surrender his passport. Mr Dicks is to face another hearing on 14 September when the New York court will consider a request by the Louisiana authorities to extradite him.

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    • 08 September 2006

      Arrest adds pressure on Internet gaming

      THE BOSTON GLOBE By Jeff Douglas, Associated Press Writer September 8, 2006 ST. LOUIS –Gambling industry experts agree: If you operate an offshore gaming Web site, stay out of the U.S. Moments after stepping foot on American soil Thursday, Sportingbet PLC Chairman Peter Dicks became the second British offshore sports betting executive arrested in recent months for illegal online gambling in the U.S.

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    • 08 September 2006

      Sportingbet PLC Chairman To Fight Extradition To Louisiana

      EASYBOURSE Thursday September 7th, 2006 / 5h35 By Chad Bray Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- The non-executive chairman of Sportingbet PLC (SBT.LN) will fight extradition to Louisiana on charges of illegal Internet gambling, his lawyer said late Thursday.

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    • 07 September 2006

      ONLINE GAMBLING STOCKS DIVE - AGAIN - AS US DOJ HOLDS GAMING EXECUTIVE - AGAIN.

      REUTERS UK Thu Sep 7, 2006 2:05 PM BST162 By Pete Harrison LONDON (Reuters) – The United States detained a second Internet gaming executive on Thursday, adding to fears it is cracking down on the lucrative industry and sparking share price falls that wiped over $1.5 billion (800 million pounds) off the market value of the sector. Online bookmaker Sportingbet said its chairman, Peter Dicks, had been detained by U.S.

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    • 07 September 2006

      eCOGRA NEEDS YOUR INPUT FOR ONLINE GAMBLING SURVEY

      HERE IS YOUR CHANCE TO SPEAK YOUR MIND An invitation for you to give your views in the biggest online gambling survey ever launched How often have you wanted to tell the top management of the online gambling venues that you use how they should be running things to achieve better customer satisfaction? Those times when you might want to point out areas where improvements could be made; new ideas you think might work well or praise for facets of an operation that you think gets it right?

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    • 31 August 2006

      Online Gambling Legislation Opposed by Independent Community Bankers of America

      BankNet 360 Posted By: Vince Ryan Aug 30 2006 06:00:10 PDT ICBA Opposes Bill to Stop Illegal Online Gambling Congressional legislation that would attempt to block electronic transfers between U.S. gamblers and offshore casinos is being opposed by the Independent Community Bankers of America, according to The Wall Street Journal. The ICBA is asking the Senate to revise a House version of the bill that passed n July.

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