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| Neteller Signs Agreements For Return of Funds to US Customers
| March 22, 2007 |
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Neteller plc has signed agreements with the United States Attorney's Office for the Southern District of New York ("USAO") and Navigant Consulting, Inc. ("Navigant"), a forensic accounting firm, that outline terms and a timeline under which Neteller will work toward the orderly distribution of funds to its US customers.
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| Internet Gambling - Evaluating Live Line Services
| March 07, 2007 |
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In the beginning, there was DON BEST. As the name implies, they truly were the best online live line service for both the casual gambler as well as the professional. There was no second place because Don Best was so far ahead of the competition. There was absolutely no one to see in their rear view mirror.
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| Online Gambling To Get A Leg Up In The UK
| March 01, 2007 |
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February 26, 2007
Chancellor of the Exchequer Gordon Brown will reveal a plan in his budget next month to encourage the online gambling industry, according to published reports.
He will use the 21 March budget to announce that companies could obtain a British licence and still remain based overseas in return for a tax -- possibly as low as 2 per cent or 3 per cent, the Daily Telegraph said on Friday in an unsourced report.
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| Internet Gambling Conference - Life After Neteller Debacle
| February 08, 2007 |
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LAS VEGAS -- Though payment processor Neteller PLC is the latest and largest such company to pull out of the lucrative but illegal U.S. online gambling market, industry observers said other e-wallet sites would come forward to take its place.
The arrest of its founders Monday on U.S. soil on money laundering charges and the company's delicate position as a publicly traded British company forced it to cease handling U.S. betting transfers as of Thursday.
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| Neteller Exits; Online Gambling Won't
| January 19, 2007 |
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LAS VEGAS -- Though payment processor Neteller PLC is the latest and largest such company to pull out of the lucrative but illegal U.S. online gambling market, industry observers said other e-wallet sites would come forward to take its place.
The arrest of its founders Monday on U.S. soil on money laundering charges and the company's delicate position as a publicly traded British company forced it to cease handling U.S. betting transfers as of Thursday.
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| After Pinnacle, It Is All Downhill From Here
| January 19, 2007 |
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When Congress passed a bill to curb most online betting, gamblers protested that the measure was an infringement on their individual freedoms and that the legislative process had been a travesty.
However, they clung to the hope that the Unlawful Internet Gambling Enforcement Act might not have a significant effect because regulating the Internet is practically impossible.
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| PartyGaming Founder Hits Jackpot
| January 14, 2007 |
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One of the two Indian founders of online poker company PartyGaming has hit a jackpot of $100 million by selling more than half of its holding in the company.
Vikrant Bhargava, former marketing director who had quit his position last year, on Thursday sold 160 million shares, accounting for about 4 per cent stake in the company, at a price of 30.5 pence a share.
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| Pinnacle Sports Closed To Americans Due To Internet Gambling Bill
| January 11, 2007 |
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Since 1998, Pinnacle Sports has been doing online business with US citizens who enjoy gambling, but when American gamblers signed onto their accounts this morning, they were informed they could no longer place bets with this sports book located in Curacao.
IPinnacle's "main man" gave EOG an exclusive interview this morning and here is some of what he had to say:
"It is with sadness that we have chosen to leave the US market, but we are so grateful for all the customers we've acquired throughout the years"
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| U.S. warns about Canadian spy coins
| January 11, 2007 |
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WASHINGTON ??Money talks, but can it also follow your movements?
In a U.S. government warning high on the creepiness scale, the Defense Department cautioned its American contractors over what it described as a new espionage threat: Canadian coins with tiny radio frequency transmitters hidden inside.
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| Howard Stern banks extra $83 Million Stock Bonus from Sirius
| January 10, 2007 |
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Howard Stern has put his efforts with adding subscribers to Sirius Satellite Radio (SIRI), and pockets whooping nearly $83 million dollars Tuesday surpassing 2004 contract of $500 million compensation package.
Howard Stern joined Sirius a year ago, jumping from the FM dial, where he rose to become one of radio's biggest starts but frequently being disturbed by government indecency regulations and ties with his corporate heads.
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