The Poker Players Alliance and executives for the American GamingAssociation (AGA) say they are hopeful that the recent political changes inthe U.S. Congress will help them overturn the Unlawful Internet GamblingEnforcement Act of 2006 (UIGEA). You may recall how the UIGEA was appendedonto to the sure-to-be-passed Safe Port Bill when most Senators had alreadycast their […]
Tag Archives: online
Rumors of another online gambling company indicted by the US JusticeDepartment have sent shockwaves through an industry still reeling from thetakedown of 33 stateside bookies and agents utilizing various offshoregambling components. The stories circulating remain vague at this time,however they have nothing to do with the high profile New York case thatcame to light on […]
It was the high-tech key to a massive, illegal gambling kingdom a laptopcomputer that authorities say was owned by professional poker player JamesGiordano.Giordano, who rarely let the laptop out of his sight, unknowingly took agamble earlier this year by leaving it behind while attending a wedding in aNew York suburb, said police. In the three […]
The shock news that Fairground Holdings is to terminate business as a resultof having to abandon US-facing online gambling activities arrived as theweek ended, a sad close to a brief but promising business future for theagglomerator. In a public announcement Fairground reports that it isvoluntarily winding up its affairs following the need to halt US-facingonline […]
Gaming industry leaders say Internet gambling will thrive despite a recentlaw effectively barring online betting in the United States. In October,President Bush signed legislation making it illegal for U.S. banks andcredit card companies to process payments to gambling Websites But sometraditional U.S. casino operators view the rules as temporary and say ashift away from online […]
Twenty-seven people, including a Pince Crest man and a former pro baseballscout, were charged in a billion-dollar-a-year gambling ring. New York CityPolice Commissioner Ray Kelly says the illegal gambling ring quote —“rivals casinos for the amount of betting.” The massive betting ring was runthrough a web site called Playwithal-dot-com, run by the poker player, JamesGiordano, […]
WEB SECURITY FIRM ScanSafe has detected a 40 per cent increase in US-basedrequests for online gambling sites, even after legislation was passed byGeorgey Bush with the “Unlawful Internet Gambling Enforcement Act.” The actmakes it illegal for US banks and brokers to transfer funds to and from webgambling sites. The firm delivered its findings in its […]
Twenty-seven people, including a Pince Crest man and a former pro baseballscout, were charged in a billion-dollar-a-year gambling ring. New York CityPolice Commissioner Ray Kelly says the illegal gambling ring quote —“rivals casinos for the amount of betting.” The massive betting ring was runthrough a web site called Playwithal-dot-com, run by the poker player, JamesGiordano, […]
A massive online gambling operation was shut down Wednesday with theindictment of 27 individuals and three corporations on charges of unlawfullyoperating a highly sophisticated operation in Queens County and elsewhere inthe world that booked more than $3.3 billion in wages over a 28-month periodon a wide variety of sporting events ranging from horseracing, football,baseball, basketball […]
The Unlawful Internet Gambling Enforcement Act of 2006 won’t stop onlinegambling but it will cause consolidation in the industry and a furtherexample of this was announced today as Bodog is now the proud new owner ofBetcorp’s operating subsidiaries. Bodog agreed to buy out Betcorp for areported $9 million. Betcorp operated the highly successful onlinesportsbook BetWWTS.com […]
In an interview with the publication WWMT this week Professor Bill Eadingtonof the Institute for the Study of Gambling and Commercial Gaming says thatthe publicly traded companies from the UK have become very significantplayers in the business and this has increased integrity and trust levels inthe industry in general. WWMT points out that growth estimates […]
Internet gambling sites saw a drop in traffic last month as President GeorgeW. Bush signed a measure aimed at banning most online wagering in the U.S.Measurements of online traffic by Nielsen/NetRatings show that the number ofunique U.S. visitors to any of 10 Web sites tracked dropped 56 percent fromSeptember. Nielsen/NetRatings said the decrease followed a […]
The CEO and president of the American Gaming Association, Frank Fahrenkopfsounded a positive note on the wider industry this week in an interview withReuters news agency on the political changes arising from the recent USmid-term elections. The top gambling executive said that the newDemocrat-dominated Congress will put pro-casino politicians in keyleadership positions as the American […]
CENTREBET chairman Graham Kelly yesterday questioned whether the new USinternet gambling laws would be enacted under a new Democrat-led Congress,after he indicated that the company might exceed its 2007 financial yearforecast. Speaking at the company’s first annual general meeting sincelisting in July, Mr Kelly said that trading had started “strongly in FY 2007for the four […]