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Kevin Smith Gaming Guru - Page 46Nevada Meeting Yields only Molasses21 May 2002
The prospect of regulated interactive gaming continues to creep up in Nevada, but not all industry insiders are sure the concepts could work.
At its monthly meeting last week, the Nevada Gaming Commission discussed the possibility of introducing intrastate online gaming throughout the Silver State. ... (read more)
Sportingbet Stirs the DC Pot20 May 2002
Portions of this article were contributed by Robert Flahive
An attractive aspect of the interactive gaming industry has been the opportunity to operate a profitable business virtually free of taxes. Jurisdictions try to lure operators to their locales with little or no taxes on their business in exchange for the jobs that are created. ... (read more)
Q&A: David Marshall, Youbet.com9 May 2002
Six weeks ago, David Marshall returned to the company he co-founded, Youbet.com. His appointment as CEO came about as part an exchange: In return for loaning the company $750,000, Marshall received the top post and an overhaul of the board of directors.
Youbet.com specializes in offering real-time betting on horse racing. ... (read more)
The Ho Must Go On8 May 2002
A recent decision in a U.S. district court could have far reaching implications for online gaming operators the world over.
Macau casino tycoon Stanley Ho has won the first round of his legal battle against i2 Corp, but the war is far from over. Ho's Internet casino will continue to operate despite efforts from a Nevada-based company to shut it down. ... (read more)
Grappling with the New Dea6 May 2002
What appeared to be a promising future for horseracing in Britain just last week has turned to uncertainty and more tension among bookmakers and track owners.
On Thursday negotiators with the Racecourse Association and the Confederation of Bookmaker Associations said they had reached an "in principle" agreement on how pictures and video feeds could be used in betting shops. ... (read more)
TVG, Youbet.com Hope for Rosy Weekend3 May 2002
All eyes will be on Churchill Downs Saturday when the 128th Kentucky Derby takes the center stage of the American sports scene.
For online bookmakers the Running of the Roses marks an important event for gaining new customers and spreading their brand within the horseracing industry.
"The ... (read more)
Crypto Settles with New Jersey30 April 2002
Six months after the New Jersey Division of Gaming Enforcement filed a civil lawsuit against gaming software supplier CryptoLogic Inc., the two sides have reached a settlement.
In an announcement made this morning, CryptoLogic said it has proved to state officials that it had never profited from sports ... (read more)
Spotlight: Conax30 April 2002
The interactive gaming industry continues to explore more distribution channels, and one Norwegian company is billing itself as a "one-stop shop" for operators looking to venture into interactive TV.
Conax offers a vast array of services, from delivery systems and payment solutions, and is looking to play ... (read more)
Enabling Phantom Games26 April 2002
Phantom Fiber Inc., one of the top developers of software applications for mobile solutions in the gaming industry, has launched a new platform especially for hand-held devices, smart phones and PDAs.
Smart Streaming, the latest addition to the company's gaming portfolio, is a proprietary data ... (read more)
P2P Sports Exchanges Make a Splash25 April 2002
As the person-to-person betting industry continues to grow, so does the number of cross-platform exchanges aimed at getting the most liquidity possible for their systems.
In the last month, two exchanges have launched, one based in Canada and one in the United Kingdom.
1X Inc., a Toronto-based ... (read more)
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