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Bradley Vallerius Gaming Guru - Page 7  Fears Prove Unfounded at Casino Affiliate Convention in Vegas18 September 2006
"The biggest threat to this industry is not the United States government," said an obviously annoyed Marc Lesnick, organizer of the fourth annual Casino Affiliate Convention during the opening remarks of his program last week. "The biggest threat to this industry is the little boys who were afraid to come ... (read more)
Sportingbet Chairman Arrested at New York Airport7 September 2006
Peter Dicks, non-executive chairman of London Stock Exchange-listed online gambling company Sportingbet Plc, was arrested late Wednesday night upon entering Kennedy International Airport. Little is known of the situation surrounding Dicks' arrest except that he was apprehended by order of a warrant issued by ... (read more)
It's Official: PartyGaming Acquires Gamebookers3 August 2006
As anticipated, PartyGaming today announced its entrance into the sports betting market through the acquisition of European-facing sports book Gamebookers.
PartyGaming will pay 102 million euro (US$130.6 million)--81 million euro ($103.7 million) initially and 21 million euro ($26.9 million) in 8 ... (read more)
Banking Interests Asks US Senate to Amend I-Gaming Prohibition Bil2 August 2006
Officials from the U.S. Chamber of Commerce and the Independent Community Bankers of America (ICBA) sent separate letters to U.S. senators on Friday, urging them to amend the Internet Gambling Prohibition and Enforcement Act (HR 4411) for fears that it will impose impossible burdens upon the U.S. banking ... (read more)
Eight Busted for Involvement in California Gambling Ring31 July 2006
A new case involving the use of the Internet for illegal gambling activities has emerged in the United States this week, but the operation of this most recently busted gambling business appears to be far different from that of BetonSports.com. The prosecutions of individuals from the two separate businesses are in no way related. ... (read more)
Kicking Down the £1 Billion Barrier27 July 2006
All indications seem to be that the World Cup 2006 generated more wagering than any other event in history, with total global wagering thought to be in the nearly US$2 billion. The early eliminations of favorites England and Brazil insured that a great deal of the cash flow remained in the hands of ... (read more)
Garber: 'PartyGaming Is Strong'25 July 2006
PartyGaming CEO Mitch Garber says his company is thriving--and will continue to thrive--despite fears of industry instability following last week's arrest of BetonSports CEO David Carruthers.
PartyGaming on Friday released a trading statement for the second quarter and first half of 2006, revealing figures that beat most forecasts. ... (read more)
Short-Term Prospects not Good for HR 4411 in the Senate24 July 2006
With the Senate facing a jam-packed schedule for the next week, all indications are that Internet gambling prohibition bill, HR 4411, will not progress to the Senate floor before the recess on Aug. 7.
An aide to Senate Majority Leader Bill Frist, R-Tenn., told Reuters last week that the bill would not receive a vote before the recess, which lasts until Sept. ... (read more)
Editorial: What about the Senate?13 July 2006
Now that the Goodlatte/Leach Internet gambling prohibition bill (HR 4411) has passed the House of Representatives, the question on everyone in the industry's mind is what are its chances of passing the Senate. It appears, at least for the moment, that the difficulties facing the bill will likely prove ... (read more)
US House Passes Goodlatte/Leach Bil11 July 2006
The House of Representatives debated HR 4411, the Internet Gambling Prohibition and Enforcement Act, for over three and a half hours today before approving it by a vote of 317-93. It will now be referred to the Senate for further consideration, where efforts to pass it are likely to be spearheaded by Sen. ... (read more)
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