Featured Articles Archive - Page 652

NETeller exit pushes players to other options

NETeller's sudden exit from the U.S. market has players searching for new ways to transfer money to and from their favorite online casinos. In a survey of 10 major online gaming sites, six e-wallet options appeared several times, making them the most likely choices to replace NETeller...read more

NETeller exit impacts U.S. Internet gambling market

Last night, just two days after NETeller founders Stephen Lawrence and John LeFebvre were arrested and charged with money laundering, the popular e-wallet NETeller stopped allowing American players to use its services to transfer money to and from Internet gambling sites. NETeller, a publicly traded company listed on the London stock exchange, processed more than $7 billion in financial transactions annually, according to the company's interim report for 2006...read more

Odawa Casino Resort announces job fairs

The Little Traverse Bay Bands of Odawa Indians, which owns and operates Victories Casino and Hotel, is in the process of constructing a new resort, Odawa Casino Resort on Cemetery Road near Petoskey, Michigan. As the Tribe gears up for the opening of the new resort, it has announced that it will be holding three job fairs in an effort to fill the 550 openings at the hotel resort and casino. The first job fair took place on Monday, at the Victories Hotel on US 131 in Petoskey...read more

BREAKING NEWS: NETeller no longer allows U.S. transactions to I-gaming sites

Two days after its founders were arrested and charged with money laundering, NETeller announced that it will no longer allow American customers to transfer money to and from Internet gambling companies. "Due to recent US legislative changes and events, effective immediately, US members are no longer able to transfer funds to or from any online gambling sites," the popular e-wallet's Web site read on Wednesday night. "All US members will continue to be able to use their NETELLER e-wallet account to safely transfer funds to and from non-gambling merchants and are not required to close their account or withdraw their funds." NETeller founders Stephen Lawrence and John Lefebvre were arrested on Monday...read more

NETeller co-founder released on bail

NETeller co-founder John LeFebvre was released Wednesday morning on $5 million personal-recognizance bail. The 55-year old Malibu, Calif. resident was arrested Monday and faces money-laundering charges for his role in the founding and operating of e-wallet service NETeller...read more

Bernhard remains chairman of panel

The reappointment of Las Vegas attorney Pete Bernhard as chairman of the Nevada Gaming Commission didn't carry all the political intrigue as the weeklong drama surrounding the recently open position on the Gaming Control Board. Bernhard, who has headed the five-member panel since October 2001, found out he was receiving another four-year term late Friday afternoon in a phone call with Gov...read more

NETeller founders charged with money laundering

NETeller founders Stephen Lawrence and John Lefebvre were arrested Monday and are being charged with laundering billions of dollars of Internet gambling proceeds, U.S. Attorney Michael Garcia announced today. "Stephen Eric Lawrence and John David Lefebvre knew when they took their company public that its activities, as well as those of the internet gambling companies it assisted, were illegal in the United States," Garcia said...read more

2007 Aussie Millions breaking records

The Aussie Millions Main Event, known as the Southern Hemisphere's largest poker tournament, is living up to its name in 2007, growing 80 percent in a year's time and offering a prize pool exceeding $4.4 million. The main event prize pool jumped to over $4 million American dollars in 2007, guaranteeing the champion a $1.5 million payday and making the second place finisher a millionaire...read more

Sayre unfazed by delayed appointment

NEVADA -- New Gaming Control Board member Randy Sayre had to wait a week to officially claim his seat on the three-member regulatory panel. But the process in which two governors made separate appointments for the same position that pays $125,112 per year didn't discourage him...read more

Rebecca's Recommendations - January 12, 2007

One full week in Boston. What relaxation. Actually, I take that back. One of my best friends is getting married next month and her bachelorette party was this past weekend. Oh yes. I downed a bottle of wine on our "party bus" and then decided it would be a nice idea to pole dance at the bar- good thing I had some lessons from my stripper friends in Costa Rica...read more