Online Gambling News

"Gambling Software Firm Cryptologic's Q1 Profit Jumps to US $4.8 M from US $3.8M"

CryptoLogic, a Toronto based company, developing software for Internet gambling, are concentrating their resources on the already established Internet gambling markets.
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"Online Gambling Site Bodog.com Hosts Indy 500 Beauty Pageant and Parties"

Intent on boosting its visibility, Bodog.com, one of the U.S.’s most popular online casino and betting sites, is planning to host the Miss 500 Hawaiian Tropic Pageant for the Indy 500 event as well as throw a beach party as a publicity stunt. Bodog.com also has plans to co-host a tent party with Budweiser.
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"Online Gambling Gets a Turbo Boost with Casino Man Power Tools"

Established in 2001, CasinoMan.net provides complete and up-to-the-minute information about online casinos. It is a favored source of reliable information for players. More than one third of the visitors to CasinoMan.net return to the site time and again to gain more information.
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"China Hits Net Gambling Hard"

Chinese law enforcement agencies detained more than 1,300 people in Shanghai involved in Internet gambling. This was part of China’s ongoing battle to stem the growing Internet gambling trade in the country.
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"China Uses Article 303 to Crack Down on Land-Based and Online Gambling"

The U.S. has clearly taken the position that with few exceptions, Internet gambling is illegal, but law enforcement agencies have been lax about prosecuting offenders. Lax that is, compared to the Chinese government.
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"College Poker: Not Gambling, it's 'Scholarship'"

25,000 students across the United States participated in the College Poker Championship competition. No more need be said about the rising interest in the College Poker Championships! The number of contestants exceeds last year's number by 10,000 players.
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"Plan Could Cripple Net Horse Betting"

In response to the World Trade Organization’s recent decision on the case brought against the U.S. by the tiny nation of Antigua, Senator John Kyl of Arizona has decided to fight back by introducing his own bill on Internet gambling.
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"CYOP Systems to License Online Poker: Company to Launch Subsidiary Licensing Arm in United Kingdom"

New legislation has been introduced in the UK that promises to strengthen and improve regulation of the gambling industry and CYOP Systems, a software company that develops and provides online skill-games, poker games, and a variety of services for the online gambling industry, has announced the formation of a UK based subsidiary, Red Felt Software Ltd.
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"Don't Bet on It: Tracks Decry Offshore Derby Gambling"

Anyone in the state of Massachusetts wanting to try his hand at gambling can do so from the convenience of his home. He just has to switch on his computer and log in at any one of a dozen or more online casinos.
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"Online Casino Marketing Company Issued for $1,000,000,000"

One of the biggest newsmakers in the booming gambling industry is currently online casino, Empire On-Line. Empire On-Line is maintaining the online gambling industry's news headline pole position by announcing that it is considering going public on the London stock exchange and it is expected that the issue for the company will be for one billion dollars.
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"France Set to Allow Online Casino Gambling"

Legislation regarding online gambling is moving much faster in the UK and Europe than it is in the U.S., even though online gambling is already very popular in the United States and has been for quite some time.
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"Gambling Law Update"

Many attempts by different lawmakers to push through Internet gambling prohibition measures have been made over the past few years. All pf them have met with little success.
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"Online Poker Software Deal Signed Between Gambling Federation (GFED) and Tribeca Tables"

Online casino company, Gambling Federation, (GFED), recently entered into an agreement with Tribeca Tables, an online poker sites software company.
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"GWIN Inc. Signs Letter of Intent to Enter International Online Poker Business"

A letter of intent has been signed by the only publicly traded sports handicapping company in America, GWIN Inc. with Live Cast Media, LLC (LCM) to enter the online poker business together. The announcement came from the CEO of GWIN.
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"Hot Hands: The Surge of Online Poker"

An internet gambling site, comScore Network attracted over 29 million unique visitors during the month of April compared to 25 million last November. This represents a remarkable 15 percent increase in only four months.
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"Internet Gambling Bets on Cellphones"

In London stocks in online gambling businesses are not only easily available, but are booming. As an example, two sites based in Gibraltar and one in London are considering stock offerings in Great Britain and stock from Sportingbet, a British online gambling company, doubled in value last fall after the company acquired a leading Internet poker site.
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"Online Betting Platform BetBug.com Not Intimidated by Kyl Bill"

Up until now, the U.S. Government has based its position that online gambling is illegal on the provisions of the 1960s Wire Act which prohibits the use of the telephone lines for the transmission of gambling information.
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"Online Casinos Contribute to Waning Popularity of Massachusetts Racetracks"

Owners and promoters of Massachusetts' racetracks are trying to make it legal for the racetracks to install slot machines on their premises. They hope that this will help to bring back some of the popularity of the racetrack industry. So far, however, their efforts have been in vain.
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"Conference for Multi-Platform Gambling Industry"

The Royal Garden Hotel in London will be the venue for a Multi-Platform Gambling Forum on June 28th and 29th of this year. Some of the key subjects discussed at the conference were the union of online, interactive TV, cross-platform games, mobile gaming, tournaments, and the various directions in which the industry is heading.
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"Next Up in the Poker Craze? It's in Your Hand"

Once upon a time, and not so very long ago at that, if you wanted to do a spot of gambling, you had to drive out to Las Vegas or Atlantic City, go into a casino where you could play at the card tables and slot machines on the premises.
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"Online Betting Ad Draws Scrutiny"

The U.S. anti online gambling policy on is based on the Wire Act of 1960, which prohibited the use of phone lines for the placing wagers. The Justice Department contends that in terms of the Wire Act, Internet gambling is illegal in the United States.
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"Online Gambling Portal the First to Guarantee Player Deposits up to $1000"

Despite the popularity of online casinos, there are still many would-be gamblers who are nervous about logging in to an online casino to try out it out because they are scared that the online casino they select may be out to take their money fraudulently or may be illegitimate.
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"Red Sox Gamble with Ads: Sponsor Promotes Online Wagering"

A poker tournament to be operated by Partypoker.net, universally thought of as "the world's largest poker school", will be aired on the RedSox-owned NESN TV network. To make sure it is kept strictly legal, the Partypoker.net site will not allow visitors to place wagers using real money.
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"Sportsbook.com Launches es.sportsbook.com En Espanol"

This week saw the launching of Sportsbook.com En Espanol by Sportsbook.com, the world's largest online sports book and casino. In keeping with its name, the Sportsbook.com En Espanol site caters to America's Hispanic population, estimated at approximately 40 million.
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"Online Sports Trivia Game Has a Local Link"

Sports fans, claims Bruce Kallenberg of Aspen, Colorado, also tend to be gamblers and with this in mind he has partnered with ESPN.com to produce TriviaShootout, a brand new online trivia game which offers cash prizes of up to $5,000.
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"Internet Gambling Stocks Boast Remarkable Growth"

Many people connected to the gambling industry are of the opinion that the rapid growth of the online gambling industry has to peter out soon. They argue that such dramatic growth cannot continue at the same frantic pace.
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"Texas Excludes Online Gambling Measure from Budget Plan"

The rocketing growth of the Internet gambling industry and the great revenue generating potential it promises has caught the eye of a few state governments. Now some state legislatures are trying to legalize Internet gambling and turn it into a legitimate activity.
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"Online Gambling - The Next US-EU Trade Argument"

Britain is hoping to profit from the billions exchanging hands in the online gambling industry and is heading exactly in the opposite direction to U.S. Britain is planning to make online gambling legal. The U.S. government is holding its position and seems determined to maintain its policy that Internet gambling is illegal.
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"Gambling Law Update"

Following on the World Trade Organization's (WTO) ruling on the case brought against the United States by the nations of Antigua and Barbados, clarifications were necessary and the case was sent to the appellate body of the WTO for an additional ruling.
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"Youbet.com of California gets Washington Horse Betting License"

A license to accept online bets on horse races has been granted to Youbet.com of Woodland Hills, California. This is how the Washington State Horse Racing Commission took back control, or at least partial control, of the racetrack industry in the state of Washington.
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