Gambling

Neteller Arrests

ON 16th January two former NETELLER PLC directors, John David Lefebvre, 55, and Stephen Eric Lawrence, 46, both Canadian citizens, and travelling separately, were arrested by US Authorities and have since been charged with laundering billions of dollars in gambling proceeds.

Online gambling soars – Mobile gambling set to follow

The results of a study by consultancy firm Morse suggested almost one-third (30%) of office workers had either placed a bet online or knew someone who had.

Online credit card use – The serious and the humorous

In response to a call by Scottish National Party MP Mike Weir for credit card companies to put a limit on the amount online players can spend on internet gambling, APACS, the UK trade association for payments, said that there were a number of significant problems with the idea, commenting that the solution would be to treat the problem at the source.

HSBC raises card fees for betting

A recent report on BBC news website claims that HSBC will become the latest bank to increase its charges to customers who use their credit cards for gambling transactions

UK Launch New Gambling License Conditions and Codes of Practice

The Gambling Commission has launched its new conditions and codes, which all operators in the gambling industry must follow if they want to run a gambling business in Britain from 1 September 2007.

Is There Hope of Poker Prohibition Overturn?

The Poker Players Alliance and executives for the American Gaming Association have indicated they are optimistic that recent political changes in U.S. Congress could help them upend the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).

Poker Prohibition Warning From The U.K.

The UK’s Culture MP Tessa Jowell has commented that the UK government’s plans to regulate online poker will do best at protecting children and vulnerable people

WSOP To Suffer After UIGEA

It is widely believed that the Unlawful Internet Gambling Enforcement Act (UIGEA) could badly affect the World Series Of Poker and reduce the number of entrants for future events.

U.S. Congress Passes Safe Port Act

Under the bill that received U.S. congressional approval early Saturday, financial institutions will be restricted from transferring funds from U.S. customers to online gambling sites.

Internet Gambling Bill Delayed In Senate

Two Republican aides have forecasted that the Internet gambling bill is unlikely to win US Senate passage before senators begin a month-long recess on August 4.

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