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GAMBLING NEWS : The Latest Online Gambling Industry News Provided By InfoPowa News
Welcome to Bet Sage's Online Gambling News Section, featuring the latest breaking gambling industry news courtesy of InfoPowa News. This is your one stop source for all and any of the latest developments concerning all aspects of the Online Gambling Industry. InfoPowa News headed up by senior partner Brian Cullingworth are recognised as one of the leading and most respected independent gambling news services in the online gambling industry.
 
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Washington lawyer has a court date set for September 21
Lee Rousso, the American lawyer and poker player who is challenging Washington state laws against online gambling is to have his day in court on September 21.  more...
   

Barney Frank's Internet Gambling Regulation and Enforcement Act gathers momentum
Three more US Representatives have become co-sponsors of the Internet Gambling Regulation and Enforcement Act in which Congressman Barney Frank proposes the regulation and taxation of online gambling in the United States as an alternative to current prohibitionary trends. more...
   

62 year old grandmother makes bingo history after only 2 months playing online
Pauline Clark, a 62 year old pensioner and grandmother from Bristol in England made bingo history this week when she won GBP 1 million by achieving a full house in Gala Bingo's online KerChingo game.

Describing her first reaction to the big win as absolute shock, she said she plans to spend some of her good fortune paying off her children's mortgages and put up a greenhouse.  more...
   
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Consultant joins company management team
Online Mahjong specialists Dynasty Gaming Inc. has announced the appointment of Robert Lupacchino as the company's new chief financial officer, effective August 1, 2007. Mark Billings, Dynasty's CFO since March 2006, has resigned and vacated the position last week for an undisclosed destination.
 more...
   

Irish financial and sports spread-betting firm to float on AIM
The Irish financial and sports spread-betting firm Worldspreads hopes to raise in the region of Euro 8 million in development capital next week when it launches on the London AIM with a market capitalisation target of Euro 37 million.

Founded in Dublin in early 2000 by Conor Foley and Brian O'Neill, WorldSpreads offers prices by telephone and online on a wide range of sports and financial markets, including individual shares, stock indices, currencies, commodities and interest rates and is reported to have a client base of at least 2 000 members. It is registered with the FSA in Britain.  more...
   

Nigel Simon departs, and three new directors appointed
Cryptologic Limited chairman Robert Stikeman has announced several new faces in the board room, and one departure.

Nigel Simon, a director of the company since late 2005, has stepped down having successfully completed his directorate responsibilities and special assistance in the Cryptologic reorganisation and move to Dublin, Ireland.  more...
   
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Campaign to legalise online poker goes up a gear
The U.S. pressure group Poker Players' Alliance, which seeks to legalise online poker through regulation or securing a "carve-out" from current prohibitionary laws in America has upped its game with the appointment of the registered Washington DC lobbying and law firm Barnes & Thornburg.

The Politico reports that according to a filing with the Senate secretariate Barnes & Thornburg is providing "general government representation including, but not limited to, legislative and regulatory initiatives involving internet gaming."  more...
   

British subsidiary of German sportsbetting group will take bets from August
In an unusal business combination, the UK branch of America Online (AOL) and the British subsidiary of a major German betting group, JAXX UK Limited will be offering sportsbetting facilities to UK AOL members in the near future.

JAXX is a British subsidiary of the German group FLUXX, and will enable British punters who are AOL members to place bets on international horse races and a range of sporting events.  more...
   

Skill Game Protection Act now has 11 co-sponsors
Florida Congressman Robert Wexler's Skill Game Protection Act, which seeks to obtain a carve-out from anti-online poker laws in the United States has seen substantially increased political support since June 27, with a number of politicians signing up for his proposal as well as that for Congressman Barney Frank's Internet Gambling Regulation and Enforcement Act for the regulation and taxation of online gambling.  more...
   
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eCOGRAs new services prove to be popular safeguards
The independent player protection and standards body eCOGRA (eCommerce and Online Gaming Regulation and Assurance) has experienced a surge of interest in its expanding range of professional services, says Chief Executive Officer Andrew Beveridge following a decision earlier this year to accept online gaming and betting operators that do not necessarily use the software of eCOGRA member software providers.  more...
   

Current stats from the Gambling Commission indicate growing interest in remote gaming
The number of people going online to place a bet in the UK is on the increase, according to a PA News assessment of current Gambling Commission statistical studies in Britain.

Surveys carried out among 8 000 respondents in the year to June 2007 indicated that 8.6 percent of adults had taken part in at least one form of remote gambling during the previous month, up from the 7.4 percent seen in polls for the 2006 calendar year.  more...
   

Lipscombe and Pollack will need little introduction
The River City Group organisers of the World Poker Congress (WPC) scheduled for Malta on November 29 and 30 this year have announced that Steve Lipscomb, president of the World Poker Tour, and Jeffery Pollack, commissioner of the World Series of Poker will jointly deliver the opening keynote address.  more...
   
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PartyBets.com Backs Homeless World Cup
Party Bets.com has come forward with a useful contribution to the fifth Homeless World Cup currently running until August 4 in Copenhagen.

The online sportsbook will be taking bets on teams competing in the event and will donate all proceeds to the Homeless World Cup organisation.

Five hundred players from across the globe, who are currently excluded and homeless are being given the opportunity to represent their countries in a football competition that is backed by UEFA.  more...
   

World Poker Association updates a practical code for poker tournament players
The growing membership of the World Poker Association, founded two years ago by poker professional and successful businessman Jesse Jones has a practical Code of Ethics to guide them in standards and behaviour in tournament play following the publication of the Code last week.

The code has five chapters covering everything from personal conduct to fair and professional play, and acceptance along with a personal oath is compulsory for members of the Association, who include many of international poker's top playing professionals and amateur contestants.  more...
   

Continued popularity of online gambling a harbinger of good (non-US) business?
The week started on a positive note for Neteller with a share price holding firm around the mid-70 pence range and a bullish assessment of the e-wallet's future in the British newspaper The Independent.

After summarising the e-wallet's recent challenges, writer Andrew Dewson opines that now that the [American] dust has settled, there are reasons for looking to the future with optimism.  more...
   
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Over six months of uncertainty to end - but no interest
It's official - in a company press release dated Monday 30 July, the Isle of Man-based e-wallet Neteller has confirmed that with effect from today US players have access to their accounts in order to withdraw funds frozen for over six months.

US accounts were frozen in January when the e-wallet exited the US market after its founders were arrested by US authorities and subsequently pleaded guilty to charges lodged by the United States Attorney's Office for the Southern District of New York.  more...
   

Relieved US players start receiving long-frozen funds
American online gamblers who have had their Neteller accounts frozen since January will have been relieved yesterday to at last see their money, as the Isle of Man-based e-wallet started paying out the $94 million owned by US players that has been in limbo whilst the Neteller vs. US Department of Justice drama played out.  more...
   

US players get frozen funds and an apology - at last
The Isle of Man based e-wallet Neteller started trying to repair the damage to trust that its 7 month run-in with US Department of Justice authorities caused by using the popular free video streaming site Youtube.com this week to apologise to US customers.

A casually dressed Ron Martin, CEO of the company appeared in a videoed statement, recapping the events that caused his company to freeze US accounts for six months and exit the US market.  more...
   
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Main event buy-in reasonable at GBP 105
The online poker element on the Virgin Games site has big Internet and land crossover plans for 24 to 25 November this year, when the first Virgin Poker Festival will be held in the British city of Birmingham at the Broadway Casino.

The event will feature live poker tournaments with the added entertainment of Virgin bounties, value added side events and a whole host of fun and games. And the good news for British players is that the main event has a relatively low buy-in of GBP105 for the deep-stack tournament with up to 250 players. Qualification for the tournament will include a number of freerolls taking place this week, as well as satellite tournaments.  more...
   

Full schedule necessitates "re-evaluation of timing"
The Moscow Millions poker tournament scheduled for October 20 to 22 this year suffered a serious blow this week when online poker company Full Tilt Poker withdrew its sponsorship and team appearance due to over-full commitments.

A company spokesman said that Full Tilt would be focusing on other tournament commitments through to 2008, which has obliged it to re-evaluate the timing for the Moscow event. The spokesman cited a full schedule of events such as the World Series of Poker Europe, commitments in Britain, sponsorships in Germany and the 2008 Aussie Millions.  more...
   

Sunday Times article suggests that restrictions could be imposed
A Sunday Times report over the weekend could give further evidence of a cooler British government attitude to gambling in general and advertising in particular.

The newspaper reports that secret talks have been ongoing between major gambling organisations and the Department of Culture, Media and Sport over proposals that advertisements for gambling should be subject to stricter controls, including a 9pm time limit that could result in a de facto prohibition on betting and gaming advertisements during the screening or broadcast of major sporting events.  more...
   
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After months of speculation and conflicting information, Eco Card announces US exit
US players are to lose another e-payment solution next month as Eco Card exits the US market after months of speculation and conflicting information in the international player community.

Eco Card made it official in an emailed notice this week, which obliquely referred to the continued impact of the Unlawful Internet Gambling Enforcement Act in the United States and confirmed that it is to exit the American market on August 24, 2007.  more...
   

Kolarmy trial abandoned
UK betting group Sportswinbet, which earlier this year announced that it was to trial a branded sportsbook managed by the Philipines company Kolarmy Technology, appears to have had second thoughts on the venture, which was intended to give the company access to the Asian market (see previous InfoPowa report)  more...
   

430 000 petition signatures sought by Christmas
From San Diego comes the story of an online poker player, Anthony Sandstrom aka "Tuff Fish" who has decided to do something about the legal restrictions on his favourite pastime and that great American game, poker.

This week the California secretary of state's office cleared Sandstrom to circulate petitions putting his proposed initiative on a statewide ballot, where voters could call for the creation of a state-owned Internet poker gambling agency, reports MediaNews from Sacramento. The private initiative, which will have to present state government with 430 000 signatures by Christmas 2007 to have any hope of success, faces challenges from anti-online gambling opponents but Sandstrom is confident he can mobilise public opinion for his goals.  more...
   
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Party Poker to invest $100 000 to send two players to Scandinavian high stakes game
Online qualifiers for Party Poker.com's Scandinavian Poker Masters - The Game, Scandinavia's first televised high stakes cash game are currently running at the Gibraltar-based firm's website, with only two semi-final packages now up for grabs.

The two six-player semi-finals and cash game final take place in front of television cameras in London from August 13 through 17. The two winners of the semi-finals will take on 12 of Scandinavia's top players in 'The Game,' an exclusive high stakes cash game.  more...
   

But players and profits up
British bookmaker William Hill plc posted a 2 percent rise in pretax profit Thursday for the 26 weeks ended June 26, 2007 and said it would resume its share buyback programme while its Web poker and casino site continued to find the going tough.

The company reported pretax profit for the six months to June 26 of GBP 134.2 million ($272.6 million), at the upper end analysts' forecast range of 127.7 to 136.3 million pounds.  more...
   

Long anticipated bill tabled by DTI
Reports from the Business Day newspaper in South Africa indicate that the Department of Trade and Industry in the South African government has tabled a legislative proposal that aims to regulate the interactive gambling industry in South Africa.

The regulation of online gambling in the country has been anticipated for some time following the submission to government two years back of the results of a comprehensive international study by a specially appointed commission of online gambling technology and jurisdictions .  more...
   
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Good first quarter results from mobile technology provider
Probability plc, a publicly listed mobile gambling technology specialist firm has posted a generally positive first quarter report that shows gross profit to end June up by 15.5 percent and a player base that has grown by 14 percent.

Mobile Bingo supplied the main impetus for growth, the company reveals, adding that it expects a positive business result to flow from the smoking ban in public places in England since July 1, as players who are forced outside to smoke are more likely to use their mobile phones to help pass the time.  more...
   

Oxford university study funded by ESRC and RIGT
Another research study into online gambling has been launched in the UK, this one under the respected banner of Oxford University and funded jointly by the Economic and Social Research Council and the Responsibility in Gambling Trust.

Oxford's Internet Institute, assisted by other research elelments at the university will conduct the web-based survey of online gambling website users in order to "...build an empirically anchored picture of the implications of various patterns of online gambling."  more...
   

High standards of player protection and social responsibility acknowledged
The United Kingdom responsible gambling organisation Gamcare has accredited Gibraltar-based online poker site Poker Stars.com, acknowledging that the company has "...achieved high standards in player protection and social responsibility and recognises the need to assist their customers to play responsibly."  more...
   
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Annual Reader's Choice Awards voting open at Bluff
Top poker magazine Bluff opened voting this week for the 2007 Bluff Magazine Annual Readers Choice Awards.

Categories this year include: Most Entertaining Player to Watch, Favorite Pro Poker Player, Best Poker Broadcast, Best Live Tournament, Best All-Around Online and Live Poker Room, and Best WPT/WSOP Satellite.  more...
   

Enhancements to popular wireless platform as company realises European expansion plans
Mobile technology provider Phantom Fiber Corporation has introduced new enhancements to its wireless platform as the company expands into UK and European markets.

In response to the demand for a mobile solution capable of supporting the latest advances in mobile devices and networks, Phantom claims it can now support over 1 500 mobile handsets and PDAs, including all of the most popular devices used across the UK and Europe.  more...
   

Sealand and Microgaming offer an imaginative new online gambling destination
The self-proclaimed "Principality of Sealand" has opened what it claims is the first ever national online casino, located in a remote North Sea wartime fort and powered by top industry turnkey provider Microgaming.

The Sealand Casino.com operates from a decommissioned military fort in the ocean six miles off the east coast of Great Britain. The self-proclaimed world�s smallest state has traditionally claimed to operate under its own sovereign jurisdiction (see previous InfoPowa reports).  more...
   
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Players Only Poker offers opportunities to take a tropical break
The World Poker Tour is making its first stop in the beautiful Turks and Caicos this fall and Players Only.com Poker is giving players a chance to enjoy surf, sand, sun and a shot at fame and fortune at this televised WPT event.

World Poker Tour Turks and Caicos Poker Classic prize packages that include travel, accommodation and a seat at the Main Event will be awarded to Super Satellite tournament winners and to leaderboard champs.  more...
   

SSIGI reminds the public by reprising Sallie James opinion
The new online gambling pressure group Safe and Secure Internet Gambling Initiative has reprised comments made earlier this year by Sallie James, a policy analyst at the Cato Institute's Center for Trade Policy Studies urging the USA to resolve its differences with the WTO regarding online gambling (see previous InfoPowa report)  more...
   

Weekend's action hectic on the world's biggest online poker site
Initial reports on the weekend's online poker tournament activity at Poker Stars.com indicate a full and action-packed weekend attended by over 20 000 entrants to popular events such as the Sunday Hundred Grand, the Sunday Warm-up, the Sunday Million and the High-Stakes Showdown.

Poker Stars still accepts American poker players in tourneys that build significant prize-pools and therefore big winner payouts.  more...
   
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