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Emily D. Swoboda Gaming Guru - Page 43Affiliate Indictment Stands in US Court11 October 2005
A New Jersey judge last week denied an attempt by New Jersey-based online gambling affiliate Nicholas Drakos to have an indictment against him dismissed.
Drakos, 48, was arrested in April 2004 after assisting undercover detectives in placing bets on his Web site, internationalnetcasino.com. He was ... (read more)
Action in Florida - Handicappers Busted for Involvement with Online Betting Services8 April 2004
Six individuals appeared today in a federal court in Fort Meyers, Florida to face charges of illegal gambling and conspiracy as well as for violations of the Federal Wire Act. The investigation involves activities related to the operating of sports handicapping services. The businesses don't actually offer ... (read more)
Nambling Notes - March 30, 200430 March 2004
Betfair Numbers -- Betexchangenews.com reports that Betfair is currently matching an average of £250 million worth of bets per week. Up to 1.5 million bets are matched each day, and at any given time there are likely 5,000 to 6,000 surfers on the Betfair web site. Betfair's trading system is apparently so ... (read more)
Nambling Notes - March 29, 200429 March 2004
totesport League -- Totesport has signed a sponsorship deal with the England and Wales Cricket Board to become the official sponsor of the next two seasons of matches in the totesport League (formerly the National Cricket League), which consists of 162 matches each season, 31 of which are televised while 22 are floodlit. ... (read more)
Cohen Again Challenges 2000 Conviction25 March 2004
World Sports Exchange founder Jay Cohen was released Tuesday from Nellis Federal Prison Camp, where he served 17 months of a 21-month federal prison sentence, and moved to a halfway house in Oakland, California, where he will spend the next 30 days.
Cohen was one of 21 offshore sports book operators indicted in March 1998 for violating the U.S. ... (read more)
Nambling Notes - March 23, 200423 March 2004
Riverhead Bought -- Cisco Systems is buying Riverhead Networks, the California-based company that recently begun carving a niche for itself in the DDoS and security solutions sector. Cisco will pay $39 million in cash for all the outstanding shares in Riverhead that it does not already own and will convert outstanding Riverhead options to Cisco options. ... (read more)
Nambling Notes - Feb. 24, 200424 February 2004
Settlement -- Youbet.com and TVG Network have settled a legal dispute that began in September 2003 when TVG subsidiary ODS Technologies filed for injunctive relief to stop Youbet from holding a shareholders meeting which would attempt to alter the company's charter and by-laws, thereby denying TVG the ... (read more)
Nambling Notes - Jan. 21, 200421 January 2004
Ruling Delayed -- A court in the Netherlands was expected to give its judgment on the primary proceedings in the case of DeLotto vs. Ladbrokes today, but instead declared that it needed six more weeks to evaluate the case before rendering a decision. The ruling is now expected on March 3.
ABB admits Tote ... (read more)
A Look Back at 20032 January 2004
January
Berliners, Americans, Racing Channel, Kerzner, Tattersalls: No I-Gaming for You!
January 7 - Rep. James Leach, R-Iowa, introduces his I-gaming funding prohibition bill on day one of the 108th U.S. Congress.
January 9 - The New Jersey Assembly's Tourism and Gaming Committee unanimously passes ... (read more)
Confusion Arises Over Press Releases8 August 2003
Language differences were the explanation Friday of a bizarre series of press releases which had a pair of I-gaming companies announcing partnerships only to have the other denying the claims.
After AngelCiti announced in a press release yesterday that it and World Information Technology, Inc had entered ... (read more)
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