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Emily D. Swoboda Gaming Guru - Page 31Not About the Money12 February 2007
European poker players, as it turns out, really do like to gamble for the fun of it, and they are not much different than American poker players, according to a survey by Canada-based online poker room Everest Poker and Jupiter Research.
Hoping to better understand the behaviors of its European poker ... (read more)
Numerous Developments in Carruthers/BoS Cases7 February 2007
Lawyers for ex-BetonSports (BoS) CEO David Carruthers on Friday filed pre-trial motions in the criminal case against the one-time outspoken advocate of I-gaming regulation in the United States. The defense is hoping to quash some of the charges relying on the First Amendment, Fifth Amendment and certain ... (read more)
The List Revisited2 February 2007
Shortly after the enactment of the U.S. Unlawful Internet Gambling Enforcement Act in October 2006, IGN compiled a list of publicly traded companies that shortly thereafter pulled out of the U.S. market. Now, more than three months later, we are checking back in on those companies to see how they have fared since then. ... (read more)
The List Revisited (Continued)2 February 2007
Fun Technologies (AIM)
Description: Internet skill games provider
After the enactment of the UIGEA, Fun Technologies asserted that because it is a company that offers games of skill the ban does not apply to them. The assertion did not, however, reflect in the market where Fun's stock continued to depreciate following the ban. ... (read more)
Wash. Prohibition Bill Could Lose Some of Its Bite31 January 2007
A Washington state legislator says in-home recreational Internet gambling should not be a felony, and he is making sure the law agrees with him.
"I'm culpable for voting for a bill that I did not understand, as did I think 97 other members of the House of Representatives. A citizen legislature makes mistakes, and this is one of them. ... (read more)
eCOGRA Study Finds Average Player Not In It to Win It25 January 2007
The average online gambler is not playing to win long-term; he is there to be entertained, according to the results a survey released on Wednesday.
eCOGRA (eCommerce and Online Gaming Regulation and Assurance), the Internet gambling industry's player protection and standards authority, in August ... (read more)
Payment Processing Options Dwindling in the US23 January 2007
Two additional e-wallets have exited the U.S. I-gaming market, whittling down the payment options for States-based online bettors to just a few.
Instadebit completely pulled out of the United States on Friday, while Click2Pay decided on Thursday to stop taking on new U.S.-based customers. The news comes ... (read more)
Neteller Pulls out of US Market18 January 2007
Online payment processing firm Neteller today announced its complete withdrawal from the U.S. Internet gambling market, wiping out 65 percent of the company's business.
Neteller said in a trading update for Q4 2006 that as of today, its U.S.-based customers can no longer transfer funds to or from any online gambling site.
... (read more)
Former Neteller Execs Charged With Money Laundering16 January 2007
The United States Attorney for the Southern District of New York, Michael J. Garcia, has charged former Neteller directors Stephen Lawrence and John Lefebvre with conspiracy and money laundering in connection with illegal gambling.
Garcia said today in a prepared statement that Lefebvre and Lawrence were ... (read more)
Carlton on His Time with Israeli Authorities: No Big Dea15 January 2007
Victor Chandler International (VCI) chief executive Michael Carlton spent several hours answering questions of Israeli authorities on Wednesday leaving the Internet gambling industry wondering if Israel has joined the crackdown on Internet gambling.
Initial media reports said Carlton was detained early in ... (read more)
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