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Anne Lindner Gaming Guru - Page 12Daily Nambling Notes - July 8, 20028 July 2002
Makin' Deals -- eBay Inc., the person-to-person auction site, is buying PayPal Inc. , the recently floated third-party online payment service. The acquisition is subject to approval by stockholders and the government and will close around the end of the year. The integration of PayPal's service into eBay's service is expected to greatly ease peoples' ability to buy and sell on the auction site. ... (read more)
Goodlatte? Leach? Both? Neither?3 July 2002
Leaders in the U.S. House of Representatives are asking for Rep. Bob Goodlatte, R-Va., and Rep. James Leach, R-Iowa, to come to an agreement on Internet gambling before either congressman's anti-online gambling bill is brought before the full House for a vote.
A source close to the proceedings, who spoke ... (read more)
Daily Nambling Notes - July 3, 20023 July 2002
Tidbits from Asia -- The Hong Kong Jockey Club's Mark Six lottery will re-launch tomorrow with a larger jackpot. In a move to maintain turnover and make the lottery more appealing, the club's Lotteries Board has lifted the maximum prize cap of HK$38 million and increased the drawing numbers to 49 from 47. ... (read more)
Daily Nambling Notes - July 2, 20022 July 2002
US Tidbits -- Scott Scherer, a member of the Nevada Gaming Control Board, told IGN today that he has asked the state attorney general's office to look into the legality of radio advertisements in Nevada for online casinos. "I have asked them to do some research into what our options are, but I haven't asked them to commence some kind of legal action against anyone yet," he said. ... (read more)
Daily Nambling Notes - July 1, 20021 July 2002
Congratulations -- The co-founders of P2P site Betfair were recently co-recipients of the Ernst and Young Emerging Entrepreneur of the Year award for the London region. Andrew Black and Edward Wray were given the award for their success in growing their business, which is projected to turn over £1.6 billion in fiscal 2002. ... (read more)
FTC Warns of Kids' Access to I-Gaming Sites27 June 2002
The U.S. Federal Trade Commission warned consumers on Wednesday that it believes children have too much access to Internet gambling sites.
The agency had conducted an informal survey of more than 100 randomly chosen gambling Web sites and found that 20 percent of them had no warning about underage gambling prohibitions. ... (read more)
Daily Nambling Notes - June 24, 200224 June 2002
Makin' Deals -- Las Vegas Strip tycoon Steve Wynn signed a contract with the government of Macau today, the Associated Press reports. The 20-year contract will require Wynn Resorts to spend $521.8 million during the course of seven years on an entertainment and resort complex. Macau gave Wynn one of three available casino licenses four months ago. ... (read more)
A New Take on Goodlatte20 June 2002
Internet gambling was a hot-button issue in a recent primary election in Alabama.
In the days leading up to the June 5 primary election, Tim James, one of the candidates for the republican nomination for governor, accused another candidate, Rep. Bob Riley, a U.S. congressman, of supporting Internet ... (read more)
Amended Goodlatte Bill Unlikely to Get House Vote18 June 2002
Rep. Bob Goodlatte's Internet gambling bill received a potentially mortal wound in the U.S. House of Representatives Judiciary Committee today.
At a 10 a.m. mark-up meeting, the committee voted to delete the bill's carve outs that would have allowed for horse race wagering, casino gambling and lotteries to take place on the Internet. ... (read more)
Supreme Court Says No to Jay Cohen17 June 2002
Jay Cohen's long journey through the U.S. federal courts ended Monday when the Supreme Court said it would not review his case.
Cohen will now have to serve the sentence he received for his March 28, 2000, conviction in New York federal court for one count of conspiracy and seven counts of violating the ... (read more)
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