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BARNEY'S BILL BEFORE HOUSE FINANCIAL SERVICES COMMITTEE HR5767 seeks to halt implementation of the UIGEA HR 5767, the bill introduced by Congressmen Barney Frank and Ron Paul on April 11 that seeks a moratorium on the implementation and enforcement of the UIGEA (see previous InfoPowa reports), has moved to "mark-up" stage in the House Financial Services Committee…

Are soaring gas prices good for online gambling? There's new interest in an old(ish) study on the impact of fuel prices on gambling choices this week as the cost of filling a tank continues to climb, pressuring disposable income.  Back in late 2005 when fuel prices in the US soared to what was then considered unprecedented…

POKER STARS COME OUT FOR AFRICA Second Ante Up for Africa scheduled for July 2 A slew of big name poker pros and poker playing celebs will be supporting this year's Ante Up for Africa tournament, which has been scheduled for the afternoon of July 2 at the Rio in Las Vegas, taking advantage of the attention…

WHITE LABEL AFFILIATES Goldbet and Income Access join hands The Montreal-based affiliate marketing program Income Access has announced the launch of white label roster, GoldBet, an independent that offers two poker rooms, a games section including lotto, a slots club and three different types of casinos under the GoldWin Portal brand name. "We chose to work with Income…

WORLD GAMBLING REVENUES TO TOP $155 BILLION BY 2012 But 2008/9 set to be tough years around the globe The international business services and auditing group PricewaterhouseCoopers LLP has completed a study showing that global gambling revenue should pass the $155 billion mark in 2012 after growing at an annually compounded rate of 6.5 percent per year. New…

TEXAS BOOKIE RAIDED Money laundering charges laid against Montgomery County man who allegedly runs a Costa Rica sportsbetting website The Special Investigations Unit of the Montgomery County Sherrif's Department in Houston, Texas has reported the arrest on money laundering charges of three local residents allegedly involved in an Internet gambling operation in Costa Rica. SIU investigators arrested Justin…

INTERNET PLAYER TAKES WSOP EVENT 28  Over $800 000 for besting a star studded field Internet poker player Phil "OMGClayAiken" Galfond is richer by $817 781 this week as a result of his victory over a stellar final table in Event 28 of the 39th World Series of Poker - the $5 000 Pot-Limit Omaha with Rebuys…

NEW JERSEY CASINO EMPLOYEES INDICTED FOR PLAYERBASE THEFT Former Tropicana employees alleged to have stolen contact list for over 20 000 players The importance of privacy and security for players and operators alike was again underlined this week when three former employees of the troubled Atlantic City land casino Tropicana were indicted for the theft of a high-value…

NEW DEADLINE AGREED IN WTO DISPUTE (Update) US and Antigua reset deadline for agreement to June 20 The US Trade Representative and a delegation from the government of Antigua and Barbuda have agreed a fresh deadline for the resolution of their World Trade Organisation dispute over online gambling (see previous InfoPowa reports) Representatives of the two nations…

PLAYTECH RAISES MORE CASH FOR ACQUISITIONS GBP 112 raised in 21.6 million ordinary share placing Online gambling software developer and London-listed firm Playtech plc raised an impressive GBP 112 million for new acquisitions this week through the successful completion of a placing in which a total of 21 620 946 new ordinary shares of nil par value each…