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Kevin Smith Gaming Guru - Page 23Payer Authentication Tools - Can They Slay the Chargeback Monster?17 March 2004
The Association of Payment Clearing Services reported this week that fraudulent "card not present" transactions increased by 68 percent from 2002 to 2003. Roughly £45 million was lost due to the chargebacks in 2003, with the biggest losses, £6.9 million, coming from the online gambling ... (read more)
Worst Part of Extortion Threat May Still Lie Ahead for Industry10 March 2004
Editor's note: In the final installment of Interactive Gaming News' three-part series on the rising number of extortion attempts, IGN looks at what lies ahead for the industry and it faces its latest global challenge.
A secret battle raging in the Interactive gaming industry for the last six months has ... (read more)
Security Experts Warn About Extortion Attempts9 March 2004
Editor's note: In part two of Interactive Gaming News' series on the rising number of extortion attempts IGN looks at the size of the dilemma the industry faces and talks to security experts to get their thoughts on what online gaming operators should be doing to thwart the attacks.
As more and more ... (read more)
Extortionists Target Online Gaming Sites8 March 2004
Editor's Note: Interactive Gaming News takes an in-depth look at the rising number of extortion cases targeting online gaming operators. In the first part of the three part series IGN gives a glimpse inside the world of the extortionists themselves. Tomorrow IGN looks at solutions for operators to stave off extortion attacks. ... (read more)
Irish Firm Inks Mobile Lotto Deal With GTECH8 March 2004
An Irish-based mobile payments software firm inked a deal with GTech Corporation, one of the world's largest lottery service providers, which will create a new mobile payment solution for lottery players.
Officials with Valista announced the partnership last month and said the agreement offers them the ... (read more)
I-Gaming Bill passes House in Washington State4 March 2004
Washington State took a big step on Wednesday in becoming the next U.S. state to offer advance deposit wagering via the Internet and telephone on horse races.
The Washington House of Representatives passed a tweaked Senate Bill 6481 with a 79-17 vote. The bill now goes back to the Senate, where it passed ... (read more)
Washington State Close to Authorizing ADW system2 March 2004
Washington state legislatures could pass a bill before the end of their current session that would give the green light to an advance-deposit wagering system in the state.
The Washington Senate passed SB 6481 on a vote of 38-10 last month. The bill would amend pari-mutuel wagering laws in Washington and ... (read more)
Woodbine Site Under Investigation1 March 2004
Although company officials claimed last year that HorsePlayer Interactive was in compliance with Canadian laws, the country's federal Justice Department is now investigating its web site to ensure it is operating legally.
The investigation was launched after a host of competitors of Woodbine Entertainment ... (read more)
Carib Has Assets Frozen in Belize27 February 2004
Serious accusations around one of the industry's most well-known online sports books has forced law enforcement officials in both the United States and Belize to team up and freeze the assets of Carib Sports Book and Casino Ltd.
Officials with Carib had no comment about the situation when reached by ... (read more)
South Africa Not Likely to Include Interactive Gambling in New Act27 February 2004
South Africa is expected to pass a much delayed Gambling Act later this year, although the bill will not address interactive gaming, despite the wishes and input from many within the industry.
For more than four years the South African legislature has been studying the gambling issue, and had draft bills ... (read more)
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