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Mark Balestra Gaming Guru - Page 13A Look Back at 2000 (July - December)31 December 2000
July
July 3 - Vice President Al Gore voices his objection to the Goodlatte/Kyl legislation to ban gambling over the Internet, and his opposition could dim prospects for the bill's passage this year. Gore's concerns echo those expressed repeatedly by the Justice Department--that the bill contains ... (read more)
A Glance at 200131 December 2000
Following is a rundown of important issues to keep an eye on in the coming year, as well as a few predictions.
Prohibition 2001 - Will the moratorium in Australia lead to a ban on Internet gambling? How far will the prohibition effort in the United States go in 2001? Will Hong Kong extend its ban on ... (read more)
Nambling Notes - Dec 22, 200022 December 2000
A Tidbit from Oz -- The Australian federal government's 12-month moratorium on Internet gaming expansion officially commenced today. In a nutshell, no new casino-style games or bets in the running will be allowed until the moratorium ends in May 2001. At this time the government will decide whether to ban or regulated Internet gaming. ... (read more)
Nambling Notes - Dec 8, 20008 December 2000
Tidbits Down Under -- Today marked the end of the successful, but very short Internet casino venture by Federal Hotels of Tasmania. The company launched two online casinos accessible through a portal called SouthernCrossCasinos.com shortly after the Australian federal government imposed its moratorium on the launching of new online casinos in May. ... (read more)
Nambling Notes - Nov 24, 200024 November 2000
Tidbits from Down Under -- The Victorian State government has been sitting on its Internet gaming regulation since it was passed in 1999, but comments made last week by Minister for Gaming John Pandazopoulos suggest they might be preparing to finally move forward with it. "This government had been forced to ... (read more)
Financial Institutions Deliver a Crushing Blow to the Net Betting Biz17 November 2000
It was quietly one of the worst weeks ever experienced by the Internet gambling industry. While operators happily iced champagne for what they believe to be the pending death of Rep. Goodlatte's prohibition bill, a few very important financial institutions jumped in to break up the party and deliver three crippling shots below the belt. ... (read more)
Nambling Notes - Nov 17, 200017 November 2000
A Tidbit from the Netherlands -- AFP reports that the Dutch government has given local casinos and other gaming organizations the green light to take bets over the Internet. An official from the country's finance ministry said the decision was prompted by the unavoidable existence of unregulated online gambling websites. ... (read more)
Nambling Notes - Nov 10, 200010 November 2000
New Stuff -- Spread betting firm Cantor Index this week launched a new service that it is calling the most advanced online betting system ever for private punters. The new system will enable private investors to place bets on a variety of indices, currencies, bonds and individual stocks from around the ... (read more)
Reprisal for Reggie?28 October 2000
Ah, it's October again, and as the Yanks bask in the glory of their 7,564th consecutive World Series title, an old alum, Mr. October himself (that’s Reggie Jackson, for those who don’t live in the U.S. and/or missed the 70s), is swinging his ferocious bat at online casino proprietors who have allegedly ... (read more)
Nambling Notes - Oct 27, 200027 October 2000
A Tidbit from the Caribbean -- Antigua and Barbuda, home to 94 Internet gaming sites, all licensed in the last three years, says it is preparing to tighten legislation before the end of the year. The chairman of its regulating board says underage and compulsive gambling will be addressed, as they are in ... (read more)
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