Gambling News

  • 17 April 2009

    July court date is set for iMEGA's appeal to challenge the UIGEA

    iMEGA’s appeal hearing was originally slated for this month, but is now pushed back to July 6th. This has been a long time coming, and hopefully iMEGA will be successful in their bid to have the UIGEA overturned. This hearing will take place in Philadelphia, and I can’t wait! I’ll definitely be in attendance, and although I won’t be able to post live updates, I will definitely take notes and post my notes about the hearing from my car once the hearing is over.

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  • 17 April 2009

    Leisure and Gaming (LNG) to approach U.S. DoJ for deal

    It seems as if PartyGaming’s non-prosecution agreement with the U.S. DoJ has sparked a trend. Leisure and Gaming plc announced yesterday that they will approach the DoJ in an effort to make a similar deal in regards to their “previous activities” in relation to taking bets from Americans before the UIGEA was passed. Shortly after the UIGEA was passed, LNG sold their US operations to their ex-CEO for a whopping $1.

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  • 12 April 2009

    ex-PartyGaming exec to head new Harrah's Internet and WSOP division

    Harrah’s Entertainment has announced that Mitch Garber, the ex-CEO of PartyGaming, will be the head of their new subsidiary company which will be in charge of both their Internet and World Series of Poker (WSOP) divisions. MGM Mirage was actually the first U.S. based company to open up an online casino, powered by WagerWorks software, back in 2001, but unfortunately due to the legal aspects, the casino was scrapped in 2003.

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  • 07 April 2009

    PartyGaming closes deal with United States DoJ

    What is all boils down to is this: PartyGaming has agreed to pay $105M in exchange for the DoJ to not follow up on any “criminal” charges being brought against any of PartyGaming exec’s. As we all know, the DoJ has had their sights set on PartyGaming for quite some time now, and have since the passing of the UIGEA (Unlawful Internet Gambling Enforcement Act) about 2½ years ago.

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  • 01 April 2009

    David Caruthers, ex-BetonSports executive pleads guilty

    Hot off the presses: David Carruthers has pleaded guilty on 1 count of his indictment in a St. Louis court today. Under the terms of his agreement, Carruthers  has agreed not to appeal this ruling, as long as the sentence does not exceed 33 months. During this time, Carruthers may not engage in any business related to Offshore gambling. Sentencing will take place on October 2nd. Since this is breaking news, I’ll be adding to this as more information is available.

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  • 01 April 2009

    South Carolina's anti-gambling law under scrutiny

    You know you’re in for a wild night, when a Committee Chairman starts things off with a statement such as “I guess since we’re in Greenville, we need to start with a short prayer. We didn’t do that in Charleston.”, which is exactly how this meeting was kicked off by Robert Ford, a democratic senator from Charleston, SC. He had meant his statement to be a joke, but some people actually took offense. Go figure..

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  • 27 March 2009

    EU finds US in violation of WTO agreement

    The EU Commission released their draft report Thursday, in which they have found the US to be in violation of WTO (World Trade Organization) rules. As we all know, since the passage of the UIGEA in 2006, it is now against the law for banks and other financial institutions to allow outgoing and incoming transactions related to online gambling.

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  • 25 March 2009

    Club World Casinos launches 'March Madness' Blackjack tournaments

    Accepts all Players Spring is in the air at Club World Casinos, and to kick things off, they are running a series of satellite ‘Mano a Mano’ (heads up) blackjack tournaments that are running every Monday night up to April 14th. In addition to the $1,000 up for grabs that is paid out to the top 4 finishers in these weekly $22 tournaments, these top 4 players will win a free entry into the championship tournament on April 15th, which boasts a $5,000 prize pool.

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  • 21 March 2009

    eCOGRA adds 3 more accountants to expand their compliance staff

    e-Commerce and Online Gaming Regulation and Assurance, better known as eCOGRA, announced Wednesday the addition of 3 new accounting professionals to their compliance staff.  Bradley Khoury and Sean Roberts will be joining eCOGRA’s Compliance and Advisory department, while Garath Muirhead will be joining eCOGRA’s data department. All 3 have very strong accounting and auditing histories, and will be a great addition to eCOGRA’s already fine team.

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  • 18 March 2009

    CryptoLogic signs deal with Paramount to develop movie-based slots

    Dublin-Based CryptoLogic signed a deal with Paramount Digital Entertainment which gives them exclusive rights to create movie-based slots, based on past favorites such as Ghost, Beverly Hills Cop and Braveheart. These games will be available towards the end of 2009, and will be available on a dedicated movie-themed site to be developed by CryptoLogic.This announcement is on the heels of CryptoLogic‘s report yesterday of a $32M net operating loss for 2008.

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