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Britain may become the online gambling capitalNews Story
Britain may bring in legislation allowing London-listed Internet gambling companies to move their headquarters to Britain, taking advantage of the United States legislature's faulty attempts to ban the popular online activity. Plans to turn Britain into a world leader in internet gambling have been drawn up by ministers, according to internal Whitehall documents. In stark contrast to America, where online gambling has in effect been outlawed, ministers want to attract offshore companies
Oct 8, 2006, 3:20 pm - Lottery News

Another Gamble for Online BettingNews Story
Legal wrangling in the U.S. is clouding the prospects for the industry world-wide Two recent arrests of online-gambling executives in the U.S. are drawing attention to a spirited but so far unsuccessful effort in Washington to clarify the legal status of Internet gambling and resolve the political and legal issues of regulating it. Earlier this month, Peter Dicks, at the time nonexecutive chairman of Sportingbet PLC, Britain's largest publicly traded Internet-gambling company, was arrested
Sep 22, 2006, 7:51 am - Lottery News

Update: French arrests of BWIN ExecutivesNews Story
Arrests called 'scandalous' by company; French lottery monopolists may be behind the moves Friday's surprise arrests in France of two senior BWIN executives introducing a company sponsorship to the AS Monaco football club elicited an immediate expression of outrage from the Austrian public company. French lottery officials admitted the detentions were inspired by similar US Department of Justice attacks against international businessmen visiting the United States recently. BWIN joint ma
Sep 16, 2006, 1:42 pm - Lottery News

Now France targets gaming firmsNews Story
Shares in the leading betting companies fell heavily after the French authorities arrested the two chief executives of an Austrian gambling firm, signalling the start of a major French crackdown on online betting. Manfred Bodner and Norbert Teufelberger, the heads of Bwin, were arrested as they unveiled a shirt sponsorship deal for Monaco football club. advertisementAn officer in the French intelligence service said the authorities had been investigating the company since last year, but said
Sep 16, 2006, 12:42 pm - Lottery News

North Dakota a Gambling Haven?News Story
Outside the Beltway, way out there in flyover land on the prairies of North Dakota, not all Republicans are lining up to support U.S. Senate Majority Leader Bill Frist's call to ban Internet gambling. In fact, North Dakota State Rep. Jim Kasper says, My fellow Republicans just don't get it when it comes to Internet gambling. In July, the U.S. House of Representatives passed the Unlawful Internet Gambling Enforcement Act of 2006, which updates the 1961 Wire Act banning sports wagering o
Sep 16, 2006, 12:22 pm - Lottery News

Online gambling executive arrested on state chargesNews Story
Gambling industry experts agree: If you operate an offshore gaming Web site, stay out of the U.S. Moments after stepping foot on American soil Thursday, Sportingbet PLC Chairman Peter Dicks became the second British offshore sports betting executive arrested in recent months for illegal online gambling in the U.S. Former BetOnSports PLC Chief Executive Officer David Carruthers was arrested on federal charges in July. It's still unclear if the arrest is a coincidence or part of a government
Sep 8, 2006, 5:47 pm - Lottery News

Another online gambling executive arrested in U.S.News Story
More than $1.5 billion (U.S.) in market value evaporated from the global online gambling industry yesterday after U.S. authorities arrested Peter Dicks, the chairman of Britain's Sportingbet PLC. Dicks, 64, was arrested in New York on a warrant issued in Louisiana for gambling by computer. His arrest comes less than two months after former BetOnSports PLC chief executive David Carruthers was arrested, charged with crimes including racketeering and fraud. Legal risk in the online gaming se
Sep 8, 2006, 5:19 pm - Lottery News

Online gambling company says it will lock out U.S. bettorsNews Story
fBETonSPORTS, the online gambling company targeted by federal prosecutors in Missouri and Washington, is shuttering the majority of its billion-dollar operations and will no longer accept bets from the United States, a company spokesman said Thursday evening. The move was seen as a significant victory for prosecutors targeting online gambling and as somewhat of a surprise. Industry experts and even a company insider had predicted that BetOn Sports would simply ignore the federal criminal pros
Aug 11, 2006, 11:27 am - Lottery News

Bail set at $1m for UK internet gaming bossNews Story
The former BETonSPORTS chief executive David Carruthers is likely to be released on $1m bail within days under a deal with the American government which would allow him to live in the Midwestern city of St Louis until his trial for organizing illegal gambling. Mr. Carruthers was one of eight people connected to BETonSPORTS who appeared in Missouri's federal court yesterday to enter pleas of not guilty in relation to charges of fraud, racketeering and unlawful gaming. Among the others caugh
Aug 1, 2006, 10:30 am - Lottery News

All Gambling operators' eyes on BETonSPORTS hearingNews Story
Forth Worth, Texas, is the center of attention for the entire online gambling world today. Operators, executives, investors, financial advisors anxiously wait the outcome of David Carruthers' detention hearing which will take place this morning in Forth Worth. The DoJ wants David Carruthers to be extradited to Missouri. The DoJ is also requesting Mr. Carruthers to be denied bail. Carruthers was taken into custody by federal agents last Sunday in Dallas. The British media alleged that the F
Jul 21, 2006, 9:24 am - Lottery News