Online Gambling Press

World Poker Tour Inks Deal with Fox Sports Net

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On the model of the Quarry Ostentation Interlacement declined to pike up its preference on the side of Imbue VII of the Universe Poker Journey (WPT), Ways of men Poker Journey Enterprises, Inc. was left scrambling towards a television associate in opposition to this to come conjuncture, what one is deserved completing its in the first place U.S. Pilgrimage repression at the Bellagio Goblet in Las Vegas. Today, the association announced that it has Read the rest of this entry »

Cryptologic Announces Exclusive Deal with Betjacks

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CryptoLogic Limited announced today that it has acquired the exclusive rights to be the sole provider of Internet casino and poker software to Betjacks, a new online gaming site. Under the agreement, made through CryptoLogic subsidiary WagerLogic Ltd., the new brand is expected to target the Irish, UK, South African and Canadian markets following its launch this fall.

Conceived in 2006 by Communication veterans Brian Nesbit & Eamon Garland, Betjacks.com has achieved enormous strides forming key partnerships with blue-chip internet gaming and service providers such as CryptoLogic. BetJacks has developed Ireland's first dedicated online betting and gaming solutions platform, incorporating feature rich media and peer to peer gaming applications all fully integrated with key next generation networking features.

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US Regulators Encounter Problems with Gambling Rules

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Federal Reserve and Treasury officials said on Wednesday they were struggling to craft rules to ban bank and credit card payments to illegal Internet gambling sites because federal law is unclear about what type of gambling is illegal online.

“That is something we're really struggling with,” Louise Roseman, the Fed's director of reserve bank operations and payment systems, told a House Financial Services subcommittee.

“The challenge we have is interpreting … federal laws that Congress itself isn't sure what they mean,” Roseman said.

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Antigua Seeks End to Gambling Feud with US

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Antigua and Barbuda's top finance official said Wednesday he is hopeful that a high-level meeting in Washington with a U.S. trade official could lead to resolution of a dispute over Internet gambling.

Antigua accuses the U.S. of crippling its gambling industry by banning Americans from placing online bets with gambling operators, including those based in the twin-island nation of 70,000 people. Last month, the World Trade Organization backed Antigua's request to target U.S. services, copyrights and trademarks in retaliation for a U.S. online betting ban, but ruled it could impose only $21 million in annual trade sanctions.

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US Arrests 8 in Connection with Costa Rican Online Gambling Operation

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U.S. authorities arrested eight people on Monday in connection with a Costa Rica-based online sports gambling operation they said made millions of dollars in profits annually. Twelve men face charges including conspiracy and illegal gambling in an indictment unsealed on Monday in Manhattan federal court for their role in operating a gambling Web site and call center that serviced U.S.-based sports bookies.

U.S. prosecution of foreign online gambling companies has drawn criticism from such companies in Europe, who have accused the Justice Department of violating World Trade Organization rules by singling out foreign companies in such cases. In the latest case, U.S. prosecutors said that starting in 2005 Carmen Cicalese headed the operation out of Costa Rica, charging several hundred U.S. bookies weekly fees of $15 to $30 for each gambler they registered.

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