Online Gambling News
"Gambling Software Firm Chartwell Bets on Online Poker, Bing"
The Canadian based online gambling software company Chartwell Technology Inc., is making preparations for its entry to the wireless gaming market. This activity will add to their original technologies and business model, which has served Chartwell well up until now
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"Council Cautious Over Online Gambling Scheme"
Members of the City Council in the Philippine city of Cagayan de Oro have approved a resolution "taking note and cognizance" of the Philippine Amusement and Gaming Corporation's (Pagcor) application for operating Internet gaming stations within the city, despite the very loud vocal opposition by local church and civic leaders.
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"Don't Bet on Web Gambling Crackdown, Experts Say"
"It's all a bunch of hot air because of the unresolved legal questions regarding the online gambling industry!" This is what experts on the Internet gambling industry are saying about Washington's threats to clamp down on online gambling businesses.
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"Sportsbook.com Reports Record Betting for French Open Tennis"
"We're seeing a steady and consistent growth in the popularity of gambling on tennis", says Marketing Director of Sportsbook.com, Alex Czajkowski "Most encouraging is that it has been an off year for American stars like Agassi, Roddick and the Williams sisters.
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"Are Gambling Big Shots Worth a Punt?"
Whatever it is that's fueling the explosion in the online gambling market, many investors look at it as an excellent opportunity for investment. But not everyone. There are those who say they are not sure and they argue that the fact that online gambling has become mainstream is no guarantee of the industry's future financial success.
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"IGC Agrees that U.S. States Should Regulate Gambling"
The Canadian-based Interactive Gaming Council (IGC) has voiced its opinion about the issues in the continuing row between the United States and the World Trade Organization (WTO) over online gambling.
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"Jackpot for Indians, Courtesy Gambling Site"
PartyGaming makes its money by charging its customers a commission to play against another player or in tournaments.
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"Google, Yahoo Lose Bid to Dismiss Gambling Ad Suit"
Two men, Mario Cisneros and Michael Voight both claim that they used sponsored links which they found at search engines or on Web sites to locate online casinos where they gambled and eventually lost money.
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"Legal Ambush Could Slash Party Gaming's 5 Billion Jackpot"
The U.S government is becoming more and more forceful in its anti-online gambling campaign. It is determined to thwart the industry's increasing growth. This is in strict accordance with its stance against online gambling.
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"Put Your Money Where Your Mouse is with MoneyGaming!"
Online gaming is catching on in popularity like its big brother online gambling. The gaming industry is burgeoning. Online gaming differs in terms of the types of games offered. Online gambling sites typically offer casino style games for play and online gaming sites, such as MoneyGaming.com, launched by the Money Gaming Corporation, offers online games of skill that users can play for high stakes.
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"New Survey Shows More than 60% of Industry Experts Believe Gambling Will be Dominant Offer in Online Gambling in 2-3 Years"
Industry analysts are estimating the amount of money gambled over the Internet on online poker websites will exceed sixty billion U.S. dollars this year. They are also saying that online poker will soon dominate all other Internet gambling games.
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"Online Casino Portals - All About Fun and ROI"
It is due to a bit of luck, a lot of foresight and no gambling at all that Danish student, Jan Balslev Pedersen, has a domain worth many times more than he originally paid for it. Pedersen purchased the domain, OnlineCasinos.com from Namewinner.com for what he calls "a gift".
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"Online Poker Snaring More Teens"
Oscar Santana, a Brooklyn 11th grader who lives with his parents and two siblings in Bedford-Stuyvesant, comes home from school everyday, attends to his homework as quickly as he can and then fires up his computer to play online poker for the evening.
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"PartyGaming Slashes IPO Price Amidst Legal Uncertainties Facing Internet Poker"
Many potential investors have become more and more wary about investing in Internet gambling companies because of the increasingly anti-online gambling policies of the U.S. government.
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"Online Gambling Site PartyGaming to Float IPO"
PartyGaming, based in Gibraltar, announced its intention to float on the London Stock Exchange by the end of June 2005 amid predictions that the flotation could place the value of the company between eight to eleven billion dollars.
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"International Poker Giant Awarded eCOGRA Seal"
The eCOGRA "Play it Safe" seal of approval has been awarded to the international online poker giant PokerRoom.com which boasts over 3.8 million world-wide players.
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"Internet Poker Spawns Billionaires"
PartyGaming's owners, Ruth Parasol, a former California lawyer who made her first fortune in the porn industry, her husband, and two graduates of India's premier technology university, will become billionaires if the flotation of PartyGaming on the London Stock Exchange is successful.
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"Resistance Underway Against Bill to Ban Online Gambling"
Critics of Arizona's Republican Senator Jon Kyl and his legislation to prohibit online gambling say it will never succeed because the Internet gambling industry is far too profitable and elusive for Congress to be able to control it at this stage.
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"Betting on Social Security. Literally"
The average person must surely have enough to think about in the ongoing heated debates between the Democrats and the Republicans on the matter of Social Security reform but it seems that this is not the case.
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"Online Gambling Site in a 8.5bn Pound Sterling Play"
Gibraltar based online gambling portal, PartyGaming could be the first Internet gaming group to enter the FTSE 100 index. The company has announced plans to float on the London Stock Exchange in late June.
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"Texas Hold'em and the Law"
Texas Hold 'em, the star attraction in the poker world and possibly the most popular poker game on earth, maintains its position as main attraction for online poker players, even though other versions of poker are readily available over the net.
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"The Great Gamble"
PartyGaming was established in 1998 when Ruth Parasol and her husband Russ De Leon sold their porn and sex chat empire and started up PartyGaming. Then they linked up with two technology students from India, Anurag Dikshit and Vikrant Bhargava, who handle the technical and marketing aspects of the business.
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"US Gambling Laws Threaten 5.5 Billion Float"
PartyGaming, an online gambling company recently announced its plans to float on the London Stock Exchange with a valuation of 5.5 billion British pounds, but the present and future legal status of Internet gambling in the United States is having a profound effect on Internet gambling companies that plan to go public
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"US Regulator Casts Shadow Over Boom in Online Poker"
The uncertainty of U.S. actions is problematic for potential investors as PartyGaming, the world's largest Internet poker company prepares for its ten billion dollar stock market flotation. The majority of PartyGaming's customers are American with about five percent of its players coming from the UK.
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"Lawsuit Claims Free Speech for Online Casino Ads"
In a lawsuit filed on August 9th, Casino City Inc. is asking the court to issue a declaratory ruling that online casino advertisements represent free speech and as such, are protected by the U.S. constitution. Casino City, based in Baton Rouge, La, obtains its revenue from advertising deals with offshore casinos.
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