July 2005 Archives

By William Yardley -

HARTFORD, July 26 - The Mashantucket Pequot Tribal Nation, which operates the Foxwoods Resort Casino on its reservation in eastern Connecticut, said Tuesday that it hoped soon to resume a new online game that the state has shut down out of concern that it is a form of Internet gambling.

The state's Division of Special Revenue ordered Friday that the tribe suspend the game, PlayAway, which allows gamblers to buy tickets at the casino, then later play a game online to find out whether they have winning numbers. Winners can collect prize money only at the casino.

By Howard Stutz -

International Game Technology spent $90 million Wednesday to buy a privately owned Internet gaming provider, presenting the Reno-based slot machine manufacturer its first access to the expanding online gambling market.

The transaction, which is expected to close in August, gives IGT Internet gaming technology, content and services now owned by San Francisco-based WagerWorks, which also has offices in England.

The new Gambling Bill represents the biggest shake-up of gambling laws within the UK for 40 years.

The Gambling Bill relates to gambling offences, the protection of minors, operating premises, private gambling and betting, gambling and advertising, the legality of gambling contracts, and the intention to create a new Gambling Commission.

The government also aim to regulate Internet gambling, also known as "remote gambling". This is becoming popular and allows gamblers to place bets from their home or office.

By David Utter -

Major League Poker marries digital radio with the World Series of Poker to complement the online poker-playing experience.

Poker has moved from the felt portraits of card-playing dogs to the digital streamed radio show called "On the Felt."

As poker has exploded in popularity, with coverage of events on outlets like ESPN, many players have turned to Internet venues like Gaming Club Poker to play. Gaming Club Poker launched "On the Felt," the first online radio show for poker players.

By Scott Kirsner -

Steve Kane's Waltham start-up, GameLogic, was balancing on the thin edge of a poker chip with its first high-profile project in the United States, a partnership with Foxwoods Resort Casino that had its quiet launch last Monday. By Friday, Connecticut's Division of Special Revenue had issued a cease-and-desist order, and it seemed like GameLogic's luck had turned sour.

By Knowledge@Wharton -

Online poker is on a winning streak. According to research firm River City Group, Internet poker alone is a $2 billion-a-year industry with a million players monthly. ComScore Media Metrix -- which measures all U.S. Internet users at home, work and college locations -- reports more than 29.1 million unique visitors to online gambling sites in April, out of a total audience of 165 million.

By Robert Fenton -

The explosion in gambling in the last six years has been phenomenal.

The changing face of this form of entertainment is mushrooming to such an extent that there are plans for a new national daily sports paper to rival the Racing Post.

It will be called 'The Sportsman' and will come on line just before the Cheltenham Festival next March.

By Shawn P. Roarke -

You never know who you're playing in online poker.

Is ninjalord — who just went all-in on the flop without a face card showing — a cutthroat poker mercenary? Is RU2Chicken, aggressively betting into each pot with junk cards, a pre-teen trying to emulate his heroes from the nightly televised poker shows? Is the Unabomber at your table really poker pro Phil Laak — who goes by that intimidating nickname on the pro poker tour?

David Storobin, Esq. -

The rise of the internet during the 1990's may become known as the greatest event of the 20-th century. It has become easy for people to find and communicate with those to whom they would have no access prior to the invention of information superhighway. While the benefits of this are spectacular, business people, lawyers and judges have had to tackle issues that arose as a result.

One of the issues facing businesspeople, lawyers and judges is the legality of online gaming. In my paper I intend to discuss:

By Mackenzie Carpenter -

At last, Hollywood B-actress and ubiquitous partygoer Jennifer Tilly has become known for more than her recent star turn in "Seed of Chucky."

It turns out she is one heck of a poker player, beating out 600 players to win $158,625 in the Ladies no-limit Texas Hold 'Em event at the World Series of Poker last month.

by Jane Pinckard -

The New York Times reports that Nevada has passed a law allowing gamblers to use handheld devices in public spaces to play Blackjack and slot machines. While internet gambling is still illegal, these wireless devices manage to sidestep the issue by being locally connected.

The units are manufactured by Cantor Fitzgerald LP of London; Joe Asher, the managing director of the Nevada affiliate of the company, is quoted in the above article commenting: "Think about a swimming pool...Casinos spend a lot of money to build them, but when guests are there, swimming, the casino isn't making any money."