• Gambling News

    • 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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    • 31 August 2006

      Chances Slim For Internet Betting Ban

      WINNERONLINE SOURCE: Las Vegas Review-Journal by Tony Batt 28 August, 2006 WASHINGTON — There may not be a better example of how much easier it is to block rather than pass legislation in Congress than the decade-long effort to prohibit Internet gambling. The House and Senate have voted no fewer than six times to either outlaw or severely restrict online wagering. The closest vote in the Senate was 90-10 on July 22, 1998.

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    • 19 August 2006

      FREEDAVIDCARRUTHERS WEBSITE NOW ONLINE

      For everyone who’s been watching the events unfold regarding David Carruthers and BetOnSports, a website is now available to help you keep track of the happenings in and out of court and to show your support for David. Just visit FREEDAVIDCARRUTHERS (http://www.freedavidcarruthers.com) Keep up to date on the current happenings of the trial, judges rulings, lawyers filings and outcome of the case at FREEDAVIDCARRUTHERS.com

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    • 16 August 2006

      FORMER ONLINE GAMBLING EXEC MAKES BAIL

      BusinessWeek.com The Associated Press/ST. LOUIS By CHRISTOPHER LEONARD AP Business Writer AUG. 16 3:17 P.M. ET Former online gambling executive David Carruthers was freed on a $1 million bond Wednesday after spending nearly a month behind bars following his arrest on racketeering and fraud charges. Carruthers, 48, was freed after a hearing before U.S. District Judge Mary Ann Medler. He had been expected to be released as early as Monday but it took days to work out technical details.

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    • 16 August 2006

      Bettors Deserve Better - Crusade against online sports gambling is unfair

      SI.com Justin Doom > Doom’s Day Tuesday August 15, 2006 4:12PM The only safe place to bet on sports is in Las Vegas. At this rate, it’s only a matter of time before I’m in jail. In fact, I wonder what the odds on that would be. Maybe I can find a Web site that will offer a line. But I’d better find it soon. Did you hear what happened to the folks over at BetOnSports.com? After recently being singled out and indicted by U.S.

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    • 16 August 2006

      WinnerOnLine Interviews Lawrence G Walters

      An Interview With Lawrence G. Walters: Part I, originally published at >WINNERONLINE – http://www.winneronline.com by Karl Yu, Winneronline 15 August, 2006 There are a lot of legal implications when it comes to online gaming and America’s stance against it. Over the past six months the U.S. has launched a major offensive on the industry on both the federal and state level.

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    • 15 August 2006

      More Problems for BetOnSports and Associates

      It’s been reported that shareholders of BOS are considering legal action against BOS advisors based on the fact that they (advisors) did not mention any unfavorable background on Gary Kaplan, previous owner of the company prior to the the stock offering. It’s rumored that Kaplan has left Costa Rica for parts unknown but the middle east is suspected. He was included in the indictment against BOS for, among other charges, fraud and racketeering.

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    • 15 August 2006

      eCOGRA Achieves 100 Online Casinos Target Months Ahead of Schedule

      Gambling Standards Authority Issues its 107th “Play It Safe” Seal to Accredited Online Casinos and Poker Rooms LONDON, August 14 /PRNewswire/ — The online gambling standards and player protection body, eCommerce and Online Gaming Regulation and Assurance (http://www.eCOGRA.org), today announced it achieved its target of accrediting 100 online casinos and poker rooms before December 2006. eCOGRA launched its 100 Seals campaign in May this year with 76 accredited sites.

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    • 14 August 2006

      Jeff Haney on a dying scheme to hustle online casinos

      LAS VEGAS SUN SPORTS August 14, 2006 at 7:29:0 PDT The federal government’s recent crackdown on online gambling has thrust the largely unregulated, sometimes bizarre backwater of Internet casinos into the spotlight. Not long after the House of Representatives passed legislation this summer designed to clamp down on online gambling, the boss of Costa Rica-based BetOnSports was arrested while changing planes in Texas.

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    • 13 August 2006

      Online Gambling Company Still Target

      Belleville News Democrat Sat, Aug. 12, 2006 Associated Press ST. LOUIS – Federal prosecutors said Friday they will continue prosecuting BetOnSports PLC even though the online gambling company is shutting down its operations that take bets from U.S. customers. Separately, U.S. Attorney Catherine Hanaway’s office approved conditions for the release of London-based BetOnSports’ former Chief Executive David Carruthers, according to his attorney, Scott Rosenblum.

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    • 13 August 2006

      BetOnSports folds to US

      INB – Internet News Bureau August 11, 2006 BetonSports Folds U.S. Hand By Roy Mark Betonsports.com is folding its U.S. hand. With the British-based company named in a 22-count indictment for violating American gambling laws and its former CEO sitting in a St. Louis jail, BetonSports said Friday it was permanently cutting off access to its site for U.S. bettors. The site has been dark for American online gamblers since last month when a U.S.

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    • 13 August 2006

      BetOnSports Refunding Options Limited

      ITBusinessNet.com Gamblers hoping to get money back after betting Web site shuts down By ADAM GOLDMA, AP Business Writer Since BetOnSports PLC started accepting wagers online, gamblers played the odds on plenty of sporting events. But they also gambled on whether U.S. prosecutors would one day target the Costa Rica-based company for possibly violating federal law.

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    • 13 August 2006

      US sheds few tears for Carruthers

      Times Online August 07, 2006 By Walter Olson Like Prohibition-era Oklahomans who were said to stagger to the polls to vote dry, America these days is a gambling-mad country happy to elect officials who outdo each other in anti-gambling fervor. Perhaps that explains the absence of an outpouring of support here thus far for David Carruthers, the former BetOnSports.

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    • 09 August 2006

      A fool.com post about cryptologic

      fool.com cryptologic post The following is a post from Fool.com, one of my favorite stock related sites. If you haven’t checked it out, do yourself a favor and do! “POST OF THE DAY Cryptologic, Inc. One last thing… By DemonDoug August 9, 2006 Posts selected for this feature rarely stand alone. They are usually a part of an ongoing thread, and are out of context when presented here. The material should be read in that light.

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    • 03 August 2006

      The400Group Launches New Art-Themed i-Slot

      Reel Crime 2: Art Heist is Latest To Add Fun, Interactive Features to Classic Slot ExperienceJuly 27, 2006- The400Group today announced the release of Reel Crime 2: Art Heist, a new i-Slot from Rival Gaming. Part of a family of online games that add an interactive dimension to classic online slots, Art Heist is a multi-line, multi-reeled slot game that takes players into the comic universe of a pair of bumbling art thieves.

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    • 01 August 2006

      US CHAMBER OF COMMERCE WARNS NET GAMBLING BILL WILL HURT FNANCIAL GROUPS

      easyBOURSE Tuesday August 1st, 2006 / 15h52 By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- The U.S. Chamber of Commerce wants the Senate to amend the controversial Internet gambling legislation, saying it would impose a “substantial regulatory burden” on financial institutions.

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    • 01 August 2006

      NOT GUILTY PLEAS ENTERED FOR BETONSPORTS CEO

      bellevillenewsdemocrate.com JEFF DOUGLAS Associated Press ST. LOUIS – The former chief executive of one of the world’s largest online gambling companies, BetOnSports, will remain in federal custody after pleading not guilty Monday to charges of mail and wire fraud and racketeering. David Carruthers, 48, was one of several BetOnSports PLC employees and associates named in a federal 22-count indictment who pleaded not guilty.

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    • 31 July 2006

      Belle Rock Summer Fling, Brand New Ways to Win More Bling!

      New Giveaways Including Winning Is Easy, Winners Get It All and Live the Winning Life Headline Belle Rock’s New August Promotions Gibraltar, August 1, 2006 – Today Belle Rock Entertainment announced the launch of six new fantastic promotions across their popular group of online casinos and poker rooms, River Belle (www.riverbelle.com), Lucky Nugget (www.luckynugget.com), The Gaming Club (www.gamingclub.com), and Jackpot City (www.jackpotcity.com).

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    • 29 July 2006

      Allyn Jaffrey Shulman Joins Poker Players Alliance Board of Directors

      WASHINGTON, July 28, 2006 (PRIMEZONE) — The Poker Players Alliance (PPA), a non-profit grassroots organization that has grown to more than 75,000 American poker players, today announced that Allyn Jaffrey Shulman, an expert in gaming law, is joining the PPA board of directors. “I am delighted that Allyn has agreed to join our board,” said Michael Bolcerek, president of the Poker Players Alliance.

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    • 29 July 2006

      HEARINGS SCHEDULED FOR MONDAY IN BETONSPORTS CASE

      BUSINESS WEEK July 28, 2006, 3:58PM By DAN CATERINICCHIA AP Business Writer © 2006 The Associated Press WASHINGTON — Attorneys at the Justice Department headquarters here have been involved from the outset of an investigation by the US Attorney’s office in St. Louis of BetOnSports PLC that so far has resulted in a court-ordered suspension of its operations and the arrest of the British online gambling company’s chief executive.

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    • 29 July 2006

      THERE'S BIG BUCKS IN WEB GAMBLING

      ABC NEWS By MICHAEL P. REGAN AP Associated Press July 28, 2006 — Question: Can I get in trouble for gambling on the Internet? Answer: Despite the recent high-profile indictments of the founder and CEO of Internet gambling company BetOnSports PLC, it does not appear that online gamblers in most U.S. states have any reason to fear prosecution — at least not by the federal government.

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    • 29 July 2006

      Outlook dims in US Senate for online gambling bill

      REUTERS By Peter Kaplan and Thomas Ferraro WASHINGTON, July 26 (Reuters) – Prospects have dimmed for swift U.S. Senate passage of a bill to outlaw most forms of Internet gambling as industry trade groups and lawmakers raise objections, congressional sources said on Wednesday. Efforts to move a House-passed measure through the Senate have run into opposition from lobbyists representing casino owners and horse- and dog-racing interests in recent days.

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    • 27 July 2006

      RUMOR MILL REPORT

      At least four different sources report that HR4411in all probability will not come up in the Senate before they break on August 4th. It was originally reported by Rueters that it would not, then they reported that it had been made a priority and probably would come up before the break, then they reported that it probably would not. Other sources report it won’t. So far, the nay’s have it.It has been rumored that BetonSports is working to be back in business by the end of next week.

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    • 26 July 2006

      Bet-On-Sports Fires CEO But Mystery Surrounds Former Founder Gary Kaplan

      The INQUIRER By Tony Dennis: Wednesday 26 July 2006, 10:23 LEADING UK online betting site, Betonsports has fired its CEO. Mainly because he is under arrest in Fort Worth,Texas. Amongst the charges against David Carruthers are racketeering and charges of illegally taking online sports bets. The company is insistent that besides Carruthers and founder, Gary Kaplan, none of the other directors are named in the charges.

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    • 25 July 2006

      BETONSPORTS SACKS ARRESTED CEO

      Guardian Unlimited Tuesday July 25, 2006 Mark Tran The online gambling company BetonSports today sacked its chief executive after his arrest in the US on fraud charges. David Carruthers was arrested last week at Dallas-Fort Worth international airport, Texas, while on his way from the UK to Costa Rica, where BetonSports is based.

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    • 24 July 2006

      A HYPOCRITICAL INTERNET GAMBLING BAN

      THE HAMILTON SPECTATOR Protecting American family values — or the offline industry? Gambling is one of the great successes of online commerce. Americans bet nearly $6 billion online last year, roughly half the global total The Economist (Jul 22, 2006) As someone paid to have a keen appreciation of risk, David Carruthers must regret his choice of travel agent.

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    • 24 July 2006

      CLASS ACTION LAW FIRM SAYS ARREST OF GAMBLING EXECUTIVE RAISES QUESTIONS OF US MOTIVES

      DALLAS, July 20 /PRNewswire/ — The surprise airport arrest of a prominent UK internet gambling executive this week is a counter-productive application of US law that ignores complex international trade issues, says Larry Gaydos, partner in the White Collar Defense/Antitrust Practice Group at Haynes and Boone, LLP.

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    • 24 July 2006

      DAVID CARRUTHERS BAIL HEARING POSTPONED

      Telegraph.co.uk By David Litterick in Fort Worth and Harry Wallop (Filed: 22/07/2006) David Carruthers faces the prospect of a four-day bus trip in sweltering temperatures across the southern United States after waiving his right to a bail hearing in Fort Worth. After being arrested at Dallas airport on Sunday, the chief executive of BetonSports will now be transported by marshals from the federal jail in Forth Worth to a holding centre in Oklahoma City.

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    • 21 July 2006

      UPDATE: FRIST HOPES FOR WEB GAMBLING VOTE BEFORE SENATE BREAK

      REUTERS Small Business News Thu Jul 20, 2006 2:49pm WASHINGTON, July 20 (Reuters) – A bill to ban Internet gambling faces opposition in the U.S. Senate, but backers still hope to win passage of it within a few weeks, a top aide to U.S. Senate Majority Leader Bill Frist said on Thursday. “We are trying to get something done before the August recess,” set to begin on Aug. 4, said Eric Ueland, Frist’s chief of staff.

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    • 21 July 2006

      W.T.O. PANEL WILL INVESTIGATE U.S. LIMITS ON ONLINE GAMBLING

      The New York Times By THE ASSOCIATED PRESS Published: July 20, 2006 GENEVA, July 19 (AP) — The World Trade Organization set up a panel on Wednesday to investigate whether United States restrictions on Internet gambling comply with international trade rules. The Caribbean country of Antigua and Barbuda asked the W.T.O.

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