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July - August 2002
Internet & Online

30th August         Carson City, Nevada        Source: Las Vegas Sun & Las Vegas Review Journal
Justice opinion says 'Net gambling is illegal
Justice Department affirms ban on Internet gambling
"As set forth in prior congressional testimony, the Department of Justice believes that federal law prohibits gambling over the Internet, including casino-style gambling."

30th August         Nevada        Source: Las Vegas Sun/AP
New delays for Internet gambling, OK since mid-2001 in Nevada
The Bush administration, like the Clinton one apparently opposes Internet gambling. The prospect of licensed and regulated Internet casinos operating out of Nevada is now thought unlikely.

27th August         Alderney & London        Source: The Independent
Sportingbet quits Alderney after betting laws clampdown
The Island's Gaming Board has imposed a ban on licensee's taking illegal sports bets from the U.S.

27th August         Las Vegas & The Isle of Man/Alderney        Source: Las Vegas Sun
Station Casinos shelves 'Net plans
Venetian applies for online gaming license

23rd August         Hamburg       Source: Hamburg Abendblatt
Experten-Streit ums Internet-Roulette
Debate over the arrival of the first German based internet casino license run by Spielbank Hamburg.
website: www.casinohamburg.de

23rd August         Online Gambling       Source: New Media Age
Ex-Ladbrokes offshore MD sets up UK-focused e-gambling firm
The website is 32red.com, powered by Microgaming Software with a license from Gibraltar.

21st August         Albany, New York       Source: CNN.com/AP & Forbes.com/Reuters
PayPal to block N.Y. online gambling
PayPal to block online gambling- N.Y. Atty General
In an agreement with the N.Y. Attorney General Paypal will stop processing online gambling payments from September 1st and pay $200,000 to the state.

21st August         New York       Source: Infoworld.com/Reuters
EBay wins clearance for PayPal acquisition

16th August         Mobile gambling       Source: Silicon.com
Betting anytime, anywhere - and at any stage of a game? A tale of mobile gambling in Europe and the US
Betting via PDA and mobile phone is already here. Betting in running during live sports events on these devices is proving a bit trickier.

14th August         Toronto       Source: Yahoo/Business Wire
Cryptologic Announces Second Quarter and Six Month Financial Results
CryptoLogic's Customer, Littlewoods Leisure, Receives Regulatory Certification From Strictly Regulated Isle of Man

13th August         Online Gambling - New York        Source: Winner Online
Why Eliot Spitzer Hates Internet Gambling

13th August         London?        Source: Northern Light/Business Wire
InterCasino: Internet Casino Gambling - The Player's Money Machine
Intercasino uses software from Cryptologic. It is believed to be the second largest Internet casino after Casino-on-net.

8th August        Las Vegas       Source: Las Vegas Sun
Online gaming developer relocates to California
i2corp. The company is presently involved in a patent infringement dispute with DrHo.com. Today's share price is 0.05 valuing the company at just $1.9 million.

6th August        Online Gambling        Source: The Motley Fool
Big Brother Credit Cards
The New York Attorney General's campaign against the use of Credit Cards at offshore gambling websites.

5th August        New Jersey      Source: The Bergen Record
Online gaming: Regulate or ban?
New Jersey is inching towards legislation for online gambling, but one of the options is a complete ban altogether.

2nd August        St.Kitts and Nevis       Source: Yahoo Singapore/Reuters
Electronic gold currency targets UK gambling

2nd August       Online Gambling        Source: WinnerOnline.com
RNGs Not Rigged, Says Insider
The Random Number Generator (RNG) is at the heart of every Internet casino. Only a handful of casinos and software developers have so far had their source code or RNG analysed by a third party testing laboratory

1st August       Arizona        Source: Las Vegas Sun
Bank moves against Internet gambling

1st August       Australia        Source: Sydney Morning Herald
Online gamblers facing a credit card ban
Australian banks are debating whether or not to follow banks in the US and not allow their Credit Cards to be used for online gambling transactions.

31st July       London       Source: Ananova.com
Sportingbet reveals widened losses in quiet quarter

31st July       London       Source: London Evening Standard & NetImperative.info
Losses widen at Sportingbet.com
Takeover spree adds sales at SportingBet
The company claims to have 500,000 customers in the US and has recently moved to the UK mainland from Alderney after acquiring a British bookmakers license.

30th July       London & Isle of Man        Source: Yahoo/Business Wire
Rank Interactive Gaming Limited (IOM) Chooses Orbis to Support Its Launch Into Online Casino Market

29th July       Online Gambling        Source: Yahoo/FT.com
Vegas hedges its bets on internet gambling

28th July       Online Advertising - UK        Source: EuropeMedia.net - July 25th
UK gripped with online gambling fever
More statistics from the recent NetValue study. 5.5 million people or 35% of the UK's online population were exposed to casinoonnet.com banner ads in June. The bad news is that 20% were under 16.

27th July       Norfolk, Virginia        Source: Yahoo/PRNewswire
Butterbean to Become World's Biggest Body Billboard - Cyber Casino's Controversial Tattoo Ad Campaign 'Larger' Than Ever

26th July       London        Source: Yahoo/PRNewswire
World Gaming plc Update To Shareholders

25th July       Perth, Australia        Source: Sydney Morning Herald/The West Australian
Cashed-up Adultshop.com looking at casinos
Article confirming the rumour that on the Internet there are just two very different products making money.

25th July       London        Source: MSNBC/Reuters
UK Gamblers Switch to Online Betting
Statistics from NetValue.com. Drawn by opportunities to bet on the  World Cup, Wimbledon, & Open Golf  visitors to UK based Bookmaker sites have increased substantially this summer.

25th July       Washington        Source: Washington Post
With Credit Card Companies, You Can Bet There's an Ulterior Motive - opinion
Credit cards in the US may be used to buy hardcore pornography and weapons on the Internet, but gambling is now almost off limits. The author speculates why.

24th July       Toronto        Source: Yahoo/Business Wire
CryptoLogic Realigns Compliance Team to Oversee Worldwide Regulatory Compliance Strategy
The Chief Operating Officer of the Canadian Internet software supplier has resigned effective August 2nd. The company announced the resignation of CEO Jan Noelting last week.

22nd July       Washington        Source: Las Vegas Review-Journal
Casinos fight cybersquatters - Gambling officials worry improper trademark use could ruin customer goodwill
US casinos have over the last 2 to 3 years become increasingly active in protecting their trademarked names from misuse by Internet casinos based mainly in the Caribbean.

22nd July       Germany       Source: Cellular News
Siemens offers mobile gambling solution

21st July       London        Source: The Independent
A bet too far for the City's 'Evil Knievel'
The story of investor Simon Cawkwell's attempts to make a profit from shorting the stock of online gambling company Sportingbet.com.

19th July       London        Source: Northern Light/AFX
Xworks to change name to Gaming Corp, to reorganise share capital
Xworks operates the online casino portal www.casino.co.uk. The companies share price is 2.25p giving a market capitalization of £1 million.

19th July       London & Antigua        Source: Northern Light/Market News Publishing
World Gaming Plc - Top I-gaming Executive Brings Stability and Experience to Chief - Executive Position; New Legal Counsel and Auditors

17th July       Online Gambling        Source: Yahoo/Internet Wire
$70,000,000 To 2,404 Winners In 22 months: Jackpot Madness Pay Outs Continue To Break ALL Records
Jackpot Madness is a portal detailing the winners from Microgaming powered casinos.

16th July       Toronto        Source: The National Post
Cryptologic CEO noelting resigns suddenly

16th July       Antigua        Source: Yahoo/PRNewswire
BetWWTS.com Announces British Open & Special Tiger Woods Odds; Odds Are Tiger Woods Will Win The British Open
The Antiguan sportsbook that is reputedly one of the largest in the Caribbean has Woods at 3 to 2 to win the British Open. The average price with UK bookmakers is 15 to 8.

15th July       Toronto        Source: Northern Light/Market News Publishing
Cryptologic Inc. - Appoints New Leadership To Continue Profitable Growth

15th July       Online Gambling        Source: Northern Light/Internet.com - July 12th
eBay to PayPal Gamblers: No Dice

15th July       Online Gambling        Source: New York Times
Online Bets Are Becoming Harder to Collect

14th July       Online Gambling       Source: SiliconValley.com
Web companies turn against online casinos
In the wake of the uncertainty about the legality of Internet gambling in the US, Yahoo intends dropping all direct advertising but will maintain their paid placements on search results.

13th July       Online Gambling      Source: Las Vegas Sun
Internet gambling probe includes PayPal

12th July       Washington       Source: Las Vegas Review-Journal
Key leader against Internet gambling bill - Aide says House majority whip will fight efforts to advance legislation because of concerns it will diminish states' rights

12th July       London      Source: FT.com Global Archive
Sportingbet in gaming deal with rival site

11th July       London       Source: Revolution Magazine
Sportingbet to offer betting on sports.com
The website at the moment has the message "Sports.com is Under New Ownership"

11th July       London        Source: New Media Age
Cashcade near to funding for white-label Internet casinos
Sky backs iTV betting with specialist portal
In the last six months of 2001 Sky reported interactive revenues of £91m, most apparently coming from betting.

10th July       London & Cambridge, Mass        Source: Yahoo/Business Wire
Grand Virtual and Gaming Insight Sign Partnership for Online Gaming Technology

9th July       Online Gambling        Source: Hoovers.com/Information Week
Let It Ride - Sure, gambling seems like a perfect business model for the Web. But is it legal?
A must read in-depth look at online gambling and the legal issues surrounding the industry in the U.S.

9th July       Online Gambling        Source: Yahoo/Reuters
PayPal Move Deals Latest Blow to Online Casinos
The uncertain legal status of online gambling in the US has meant many of the top credit card issuers have blocked transaction codes linked with Internet casinos. The casinos then switched over to PayPal as an alternative, the company charges them around 8.5% per transaction.

9th July       London       Source: FT.com Global Archive
Ukbetting buys Sports.com business - Betting operations cost £670,000 including liabilities 

8th July       San Jose, California       Source: Las Vegas Sun
EBay to block PayPal gambling payments

8th July       Kahnawake, Canada        Source: Yahoo/PRNewswire
WWW Marks the Spot With Internet's Biggest Ever Win
Tony P's win of  $1,594,649.21 at Microgaming powered CaptainCooksCasino.com.

8th July       London        Source: Yahoo/PrimeZone, Revolution & The Guardian
ukbetting plc: Acquisition of Sports.com's Wagering Arm
Ukbetting buys Sports.com betting division
UKBetting scoops Sports.com operation
Sports.co.uk will now come under the expanding ukbetting umbrella, joining Sportinglife.com and Sportal.com.

8th July       San Jose, California        Source: TheDeal.com & Forbes.com
EBay inks deal with PayPal
EBay To Buy PayPal For $1.4 Billion 
As part of the deal PayPal will stop allowing its services to fund online gambling sites.

5th July       London       Source: Yahoo/Business Wire
Orbis Wins Prestigious 'Sports & Gambling' Award for Second Year in a Row
Orbis software powers the betting websites of Ladbrokes, Littlewoods, Blue Square, the UK Tote, Paddy Power, Stanley Leisure and BSkyB.

1st July       London       Source: Ananova.com
Rank Group launches online casino site
Rank Interactive Gaming (IOM) Limited, holds an online gaming issued by the Isle of Man Government on 18th January 2002. website: www.hardrockcasino.com

1st July       Washington       Source: CNET News/Reuters
Decision on Net gambling unlikely bet

1st July       Austria        Source: Yahoo/PRNewswire
betandwin.com Launches Product Innovations That Set New Standards
 






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