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Kevin Smith Gaming Guru - Page 33Belmont Caps a Successful Triple Crown Run for Youbet.com10 June 2003
Empire Maker's victory over the weekend at the prestigious Belmont Stakes was quite a feat, but he wasn't the only big winner over the weekend.
The hype of Funny Cide's historic bid for the first Triple Crown in 25 years helped propel record betting handle throughout the pari-mutual ranks and was the ... (read more)
Signs of Life for US Racing6 June 2003
With or without a historic win by Funny Cide at the Belmont Stakes Saturday, the horse racing industry will continue to see record growth in the Internet space, although the first Triple Crown victory since 1978 could certainly be a boost.
Only eleven horses have won all three legs of the Triple Crown, and a field of only five competing horses stands between Funny Cide and racing immortality. ... (read more)
Survivor - MGM Mirage Voted Off the Island4 June 2003
MGM Mirage this morning announced it will shut down its Isle of Man-based online casino at the end of this month. Company officials said they based the decision on the "unclear political and legal climate" in Washington.
The announcement came one day after a scheduled vote on a bill that would have ... (read more)
Breaking Apart UK Gambling Bill Could Get Racing Measures through This Session2 June 2003
The future of the comprehensive gambling bill that would spur a massive overhaul of the industry in Britain remains murky, but racing officials said last week that parts of the bill could still be addressed in the 2003-04 parliamentary session, which will commence this in the fall.
While officials with ... (read more)
Q&A: Andrew Beveridge, eCOGRA29 May 2003
Last month officials with gaming software provider Microgaming Software Systems Ltd. and Internet casino operator Virtual Holdings Ltd., which handles the massive affiliate network connected to Casino-On-Net, announced the formation of eCOGRA (e-Commerce and Online Gaming Regulation and Assurance).
The ... (read more)
Sign of the Times?28 May 2003
As the 2003 World Series of Poker drew to a close early Saturday morning the question wasn't "Could Hollywood have written a better script?" It was, "Would Hollywood even try to write such a script?"
At center stage was a 27 year-old accountant from Tennessee playing in not only his first WSOP, but his ... (read more)
Progress Slow in UK, but Modernization Plan Is Intact27 May 2003
Despite recent reports to the contrary, Clive Hawkswood says a bill that would overhaul the way gambling is conducted in the United Kingdom is alive and well and will go before Parliament; he's just not sure when.
Hawkswood, senior policy advisor for the U.K. Department for Culture, Media and Sport has ... (read more)
Golden Palace Exposed27 May 2003
Just when it appeared that GoldenPalace.com had exhausted all the avenues for unique marketing ploys, the popular online casino has pulled yet another bigger and bolder trick out of its sleeve.
That was the case last Wednesday in Sevilla, Spain during the UEFA Cup final between Celtic and FC Porto when a streaker ran onto the field. ... (read more)
Betfair Downplays ASA Ruling, Possible Changes to UK Taxation Policy23 May 2003
Officials with Betfair.com downplayed a ruling on Thursday in which the Advertising Standards Authority ordered the group to discontinue a successful Internet-based advertising campaign.
The decision came in response to a complaint that Betfair was running a misleading banner advertisement campaign. ... (read more)
UK Tax Scheme for P2P Holds up, for Now20 May 2003
Leading betting exchange Betfair.com is confident a U.K. tax scheme agreed to earlier this year, following a four-month review, will remain intact.
Officials with the Customs and Excise office poured over records of betting exchanges and heard arguments from traditional bookmakers on the best course of action for taxing the growing sector of the sports betting industry. ... (read more)
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