Online Gaming
Founder of Betonsports arrested
On Wednesday 28th March, the founder of London-based gaming website Betonsports, Stephen Kaplan was arrested in the Dominican Republic and sent to the US to answer criminal charges, US officials have said.
NETELLER Announces Service Changes to Canadian and Turkish Market
A press release on the NETELLER Plc Group website on 26th March announced several significant changes to its services in a number of markets. Press release as follows:
Gaming shares up amid hopes and rumours
Shares in online gaming companies jumped in recent days after a spokesperson for the powerful Democratic lawmaker Barney Frank, Democratic Chairman of the House Financial Services Committee, said that Barney Frank is currently working on legislation to repeal the Unlawful Internet Gambling Enforcement Act.
Clifford Chance International Law Firm advise NETeller
Clifford Chance, the International Law firm has announced that it has been called in to advise embattled ‘virtual wallet’ NETeller on its investigation by the US Department of Justice (DoJ) as the onslaught facing the online gaming industry continues.
Tax breaks for online gaming? No chance, says Sportingbet
Andy McIver, chief executive of Sportingbet, yesterday dismissed suggestions that the chancellor, Gordon Brown, was likely to lure offshore internet poker and casino firms into taking up UK gaming licences by offering them lower rates of tax.
Online gambling ban in the US to be reversed? – They don't have a chance in hell!
A column in the Las Vegas Sun Newspaper this week written by Jeff Simpson suggests that it is unlikely the US online gaming ban will be reversed.
BetonSports owes money to nearly 5,000 of it's customers
Lawyers for the London-based BetonSports PLC online gaming company, have said that a directive issued in November by a US judge, ordering BetonSports to return money to nearly 5,000 customers, cannot be complied with, because of an Antiguan court order, which leaves it’s funds being controlled by the company’s Antiguan subsidiary, and is subject to the authority of the courts in that Caribbean nation
PartyGaming and Playtech strike deal
A press release on PartyGaming’s website announced a four-year software licensing agreement with Playtech, the world’s largest publicly traded online software provider.
What does the new "Unlawful Internet Gambling Enforcement Act" mean?
There have been many misleading stories and uncertainty regarding the “Unlawful Internet Gambling Enforcement Act”.
UK's Plan To Become 'World Leader' In Online Gaming
The Sunday Times has reported that some internal Whitehall documents propose that some Labour Party ministers are intent on making the UK a ‘world leader’ in Internet gaming.