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Kevin Smith Gaming Guru - Page 15PayPal to Fine Users for Gambling, Gawking and Popping13 September 2004
Third-party Internet payment processor PayPal says it will penalize users who violate its acceptable use policy with fines of up to $500.
The policy, announced Friday, specifically refers to online gambling, adult content and prescription drug sales and will be strictly enforced by the company's compliance team starting Sept. ... (read more)
Exchanges Unite to Form Assocation9 September 2004
In the wake of one of the biggest scandals to ever hit the betting exchange industry, the three leading P2P sites joined forces in the creation of a new self-regulating trade association.
Betfair, the industry's leader with nearly 90 percent market share, was joined by Betdaq and Sporting Options in London ... (read more)
Ontario Racing Commission Challenges Legality of Woodbine Site8 September 2004
Hoping to get clarification for Internet wagering in Canada the Ontario Racing Commission filed papers with the Federal Court asking it to decide if a horseracing-wagering site is legal.
Officials with the ORC filed the case on Aug. 24 and are questioning the legality of Woodbine Entertainment Group's ... (read more)
Sky Goes Live with Virtual Horseracing7 September 2004
A week into its launch on Sky officials with Inspired Broadcast Networks are pleased with the demand for virtual horseracing, another sign that virtual gaming is a sector of the interactive gaming industry worth watching.
Patrick Herridge, a spokesperson for IBN said that the first week of action on Sky ... (read more)
BetOnSports Commences Grassroots Television Campaign3 September 2004
Costa Rica-based sports book BetOnSports on Thursday launched an aggressive TV advertising campaign in the United States calling on viewers to voice their disapproval of proposed federal legislation to ban online gambling.
Television ads are scheduled to appear on 25 stations across the country over the next 32 days. ... (read more)
ISI and the Remote Future for Gambling in Nevada2 September 2004
Internet Sports International is banking on the adoption of remote intrastate gambling in Nevada to solidify its presence in the state's coveted gaming market.
The company's kiosk-based system gained regulatory approval in Nevada in the spring of 2003, and they're hopeful the Nevada Gaming Commission ... (read more)
Australian Racing Board Launches Assault on Betfair2 September 2004
In its latest move to keep betting exchanges illegal Down Under, the Australian Racing Board filed papers this week with the Australian Federal Police in hopes of getting a formal investigation into British exchange Betfair's business model.
The action follows a mid August meeting in which the board ... (read more)
Q &A: Lenny Barshack, Tribeca Tables31 August 2004
In two years Tribeca Tables has gone from relative obscurity in the online gaming industry to one of the leading providers for Internet poker rooms.
The company is unique in that it relies on the strength of its licensees and doesn't
operate its own poker room.
Last week Tribeca announced the addition ... (read more)
Another Round of Interactive Gambling Talks in Nevada30 August 2004
The Nevada Gaming Commission met on Friday to discuss options for implementing an intrastate gambling system for the state, and most of those involved in the process are confident it will happen sooner rather than later.
The exact form it will take remains unclear, but Nevada Gaming Control Board ... (read more)
Racing UK, SIS Battle over Data Rights25 August 2004
Racing UK says it will take legal action against Satellite Information Services (SIS) if it continues to supply racing data and audio coverage of Racing UK races. The group sent a warning letter to SIS this week.
SIS, which is owned in part by the bookmakers who use its service, broadcasts and produces daily output for Racing UK's chief competitor, At The Races' (ATR). ... (read more)
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