Gambling News

  • 18 August 2009

    Gary Kaplan Pleads Guilty

    Score one for the U.S Government’s persecution of its citizens. On Friday, Gary Kaplan, founder of BetOnSports.com pled guilty to racketeering conspiracy, violating the Wire Wager Act, and conspiring to violate the Wire Wager Act. With his guilty plea, all other charges were dropped. As part of the deal, he forfeits $43.6 million in illegally obtained monies from his illegal operations.

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  • 17 August 2009

    Drop the Ban on Online Poker

    There is a debate today both in congress and across this great country of ours, about just what is poker playing? Is it gambling, as the government wants to say? Or is it a game of skill, mathematics and strategic thinking? In 2006, congress outlawed internet gambling by making it illegal for banks and credit card companies to handle or process payments made to online gambling sites. As if that were not enough, congress made itself several loop holes.

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  • 15 August 2009

    Intertops Red Casino Going Public!

    Intertops Red Casino has announced they will be going public at the end of this month August. Here is the press release from them. August 14, 2009 – There is no scarcity for the Online casinos and the gambling sites today. Almost everyone with a little programming knowledge can develop Online casinos and gambling sites. The availability of the casino site scripts make it very easy to develop a site that can be called as an Online casino.

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  • 12 August 2009

    Judge Sides With Gambling911

     Score one for the side of the fun loving gaming industry. Judge Laura Swain of the Southern District of New York issued her ruling siding with Costigan Media, parent company of Gambling911. In her ruling, she has ordered the unsealing of the warrants and affidavits used in the seizure of $30 million in funds intended for online poker players.

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  • 11 August 2009

    Mitch Garber Interview

    Mitch Garber was CEO of Party-Gaming, the largest listed online gaming company in the world. He left in 2008, not because he had not been successful but because of the passing of the UIGEA bill at the end of 2006. And being that Party-Gaming was the most high profile and was hugely dependent on the US! When the UIGEA law passed Party-Gaming spent the weekend on the phone with lawyers on both sides trying to decide what to do next. The following Monday they decided to pull out of the US.

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  • 07 August 2009

    The Feds Have Filed New Charges Against Saga Online Payment Processor

    Our friends in the Federal Prosecutors Office for the Southern District of New York (SDNY) are at it again. This is the same office which ordered the arrests of NETeller co-founders John LeFebvre and Stephen Lawrence in 2007. They also froze $55 million of NETeller funds. What is the SDNY up to now? They have indicted a Canadian resident, Douglas Rennick, for money laundering, bank fraud, and operating an illegal gambling business.

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  • 06 August 2009

    Andreas Oscarsson Found Dead Update

    This is an update and more news on the tragic death of Andreas Oscarsson. He was shot to death somewhere between 10 pm on Sunday night and 10 am Monday morning in his childhood home in Trollhattan, Sweden. Compounding the tragedy, his little 2 year old son was probably in the room at the time of the shooting.The boy was in the room when the body was discovered. The police have been in contact with the boy’s mother, who lives on New York. She is expected to fly to Sweden.

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  • 05 August 2009

    Andreas Oscarsson Found Dead

    Flags in casinos and e-flags in internet gaming sites should be at half mast today. The gaming industry has lost a pioneer and a truly great man. Andreas Oscarsson, the 36 year old poker affiliate entrepreneur, was found shot to death in his bed in Sweden where he was visiting with his 2 year old son. He recently stepped down as CEO of the huge gaming portal PokerListings.com to spend more time with his son. His son was apparently not injured in the attack.Details of the crime are very sketchy.

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  • 04 August 2009

    Trump Returns to AC Casinos

    Donald Trump after filing bankruptcy is returning to the Atlantic City Casinos!What will this mean to the declining Casino in AC? Only time will tell. Trump and an affiliate of Bank of Nevada are buying Trump Entertainment. NEW YORK, Aug 4 (Reuters) – Real estate tycoon Donald Trump and an affiliate of Bank of Nevada will buy Trump Entertainment Resorts Inc (TRMPQ.PK) for $100 million, the bankrupt casino operator said, sending its shares up more than 79 percent.

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  • 04 August 2009

    10th Anniversary of iNetBet Online Casino

    iNetBet is celebrating their 10th Anniversary this year! This is an excellent achievement for an online casino! They were among the first casinos to go live online. Now you can even play their games on your cell phones, Palms, Pocket Pc and more.

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