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Kevin Smith Gaming Guru - Page 43Tempers Flare Over P2P Betting in UK6 August 2002
Tensions between the biggest Internet person-to-person betting site in the world and one of the United Kingdom's biggest bookmakers reached new heights this week as William Hill lashed out against the practices of Betfair.com.
William Hill filed a legal challenge with the U.K. government because it feels ... (read more)
Bank of America Reinforces Anti-Online Gaming Policy5 August 2002
Although Bank of America recently informed cardholders that its credit cards can't be used for Internet gambling purchases, a company spokesman said nothing has changed with the bank's corporate policy.
When cardholders in Arizona got their July statements, they also found information warning them that ... (read more)
WagerWorks Could Solidify Its Market Position Through Rank Dea2 August 2002
Continuing its goal of helping land-based casinos strengthen their brands by using the Internet, WagerWorks Inc. this week announced the launch of the Rank Group's new Hard Rock Casino Online.
The Vegas-based software supplier developed the site, which based in the Isle of Man.
Rank officials said ... (read more)
Sports Books Bitten by Tiger1 August 2002
Golf fans either love or hate Tiger Woods.
The same can be said for bookmakers.
Woods, who earlier this year won half of golf's grand slam by winning the Masters and the U.S. Open, created a stir going into the British Open in July.
When Tiger is in contention to win a tournament, TV ratings soar. ... (read more)
Pressure Mounting for Sports Books30 July 2002
Alan Weinrib has had a front-row seat to the interactive betting industry for more than five years and feels the sector is facing some major challenges right now.
In 1997, Weinrib was president of one of the first Internet-based sports books, Easybets.com, and now works as a consultant for various interactive gaming companies. ... (read more)
P2P Growing Pains29 July 2002
As the person-to-person betting industry continues to grow with leaps and bounds, flaws in the basic principle of the system are making themselves known.
A handful of operators in the past months have closed, with Play 121 being the most notable among them, and serious questions of fixing have arisen. ... (read more)
A Casualty in the Evolution of P2P19 July 2002
The recent closing of Play121.com may have raised questions about the state of the person-to-person betting industry, but insiders agree that the market isn't saturated.
Play 121 was running for 19 months before closing without warning. On Friday, players who visited the site were greeted by a ... (read more)
Operators Hunt for the New PayPa17 July 2002
PayPal's departure from the I-gaming industry is the latest blow for a business that for the last year has struggled to find effective ways for its consumers to pay for Internet gambling.
PayPal competitor NETeller Inc. said last week it had already seen an increase in demand from both consumers and operators for its service. ... (read more)
New York Taking a Close Look at PayPa15 July 2002
More details are coming to light concerning a subpoena handed down from the New York attorney general to PayPal.
The Wall Street Journal on Friday reported that the online payment service, which managed to dominate much of the online gaming market, received a request from New York Attorney General Eliot ... (read more)
Spotlight: CyberSouce10 July 2002
After catering to giant retail firms such as Wal-Mart and Nike in developing moneymaking Web sites, CyberSource is taking its experience to the interactive gaming sector.
This month the company is rolling out its eGaming Compliance Solution and his hoping the new system will solve a number of problems ... (read more)
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