Archive for the ‘Online Gambling’ Category
Wednesday, April 16th, 2008
The banking industry is cheering the assault on the 2006 federal crackdown on Internet gambling by House Financial Services panel Chairman Barney Frank (D-Mass.) and Rep. Ron Paul (R-Texas).
Frand and Paul introduced their bill on Friday, less than two weeks after federal officials testified to Frank’s committee that they were ...
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Thursday, April 10th, 2008
When IntertopsCasino.com, of Antigua, launched one of the first online casinos back in 1998, sceptics asked the same thing they’d asked two years before when the pioneering company launched the very first online sportsbook. Those who wondered if anyone would ever trust an online casino with their money underestimated the ...
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Tuesday, March 25th, 2008
Damien de Gaye of France and Cory Tymich of Canada will represent Titan Poker, the largest poker room on the iPoker Network, this May at the World Poker Showdown (WPS) Ocean World tournament in the Dominican Republic.
Both players have been awarded a $9,000 Prize package to the WPS Ocean World ...
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Sunday, March 23rd, 2008
The National League of Poker (NLOP) has announced that Mike Sexton, the world-famous poker advocate and professional player, has signed an exclusive contract to be the featured spokesman of the company's industry leading web site.
NLOP is the leading poker-centric social gaming site for free, US-legal, online poker play. In 2007, ...
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Wednesday, March 19th, 2008
Yesterday, only a few dozen poker players turned out for a rally to protest a proposed Massachusetts bill, at Boston Commons, that would make gambling and playing online poker in the state illegal. The rally was held by the Poker Players Alliance and Harvard’s Global Poker Strategic Thinking Society.
The bill ...
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Wednesday, March 19th, 2008
The ban on online poker and gambling advertising in Sweden is over. Prosecutors in Sweden were ordered to stop prosecuting cases against media outlets that were publishing or airing ads relating to online poker and gambling from foreign sources.
According to pokerpages.com:
"The order came from UC Malmo, a department of Sweden’s ...
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Wednesday, March 19th, 2008
South Africa may legalize on-line gambling soon. This is according to an article in The Times newspaper of South Africa.
Currently, online gambling is illegal in South Africa even if the service provider is located in another country. Players face prison time and huge fines if caught. There are no licenses ...
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Tuesday, March 18th, 2008
Casino Tropez has announced another 2 winners totalling €577,000 within 6 days of each other. The lucky players are Ulrike H. of Germany and Angele L. of France. Both received huge cash prizes playing progressive slot machines at Casino Tropez.
Ulrike was playing Diamond Valley, a 5 line progressive video slot ...
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Tuesday, March 11th, 2008
GigaMedia, developer and licenser of online gaming software, announced today its outstanding full-year 2007 results with revenues climbing 77 percent to a record $166.9 million, and operating income rising 73 percent to $38.1 million, both in comparison to 2006, driven by strong growth in its poker software business in continental ...
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Monday, March 10th, 2008
Today the European Union launched an investigation into whether U.S. prosecutions of foreign online gambling companies were discriminatory, possibly paving the way for action at the World Trade Organization.
European online gambling companies, such as PartyGaming and BWIN Interactive Entertainment, complained in December that the U.S. Justice Department singled out foreign ...
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Friday, March 7th, 2008
Congressman Jim McDermott (D-WA) introduced a few days ago the Internet Gambling Regulation and Tax Enforcement Act of 2008 that would ensure that taxes are collected on regulated Internet gambling activities. These revenues are estimated between $8.7 billion and $42.8 billion over ten years, according to a recent tax revenue ...
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Friday, March 7th, 2008
Congressman Barney Frank (D-MA), chairman of the House Committee on Financial Services, will hold a hearing in early April to explore the burden on U.S. financial institutions to comply with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).
The law was intended to deter illegal Internet gambling activity. Meanwhile, support ...
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Thursday, March 6th, 2008
Asa Alexander, of Philadelphia is in big trouble. Police asked a judge to freeze the 27 years old bank account and to prevent him from selling or leasing his home. The judge agreed to put the order on the house, however, refused to freeze Alexander’s bank account, stating that $18,000 ...
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Thursday, March 6th, 2008
A recent report claims Canada may in the future prevent its citizens from gambling with websites registered out of the Kahnawake Indian Reservation located a few miles away from Montreal, Quebec.
This would cut off customers from online gambling websites like Sports Interaction, which was the first Kahnawake-based online sports betting ...
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Thursday, March 6th, 2008
Thirty-six (36) people, most of them from Arizona were indicted for online gambling.
The indictments completes an investigation which caused the Maricopa County sheriff's deputies to visit 3 states and 1 country, Costa Rica, before collecting enough evidence to make their case.
Police seized more than $8.5 million in cash, homes and ...
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