According to recent American news sources, Officials from the Department of Justice have begun inquiries into the possible connection between online casino gambling group, Party Gaming, and its involvement in the American casino gambling market prior to the Unlawful Internet Gambling Enforcement Act (UIGEA).
Party Gaming has held recent discussions with US authorities concerning its liability to prosecution for pre-UIGEA activities in the US casino gambling market. According to the OCN news website, unspecified sources from within the American casino gambling market have confirmed that the inquiries are a direct result of these specific discussions.
Party Gaming, like many other American based casino gambling and bingo websites, was hit badly when the UIGEA was signed in by President Bush in October of 2006, and subsequently withdrew from the market. Yet it has since made a significantly successful recovery, by penetrating new and untouched geographic markets and innovative gaming products, such as its unique online bingo creations, Party Poker, Party Casino and exclusive sports-book.
Management over the site has also undergone drastic changes. The initial founders of the casino gambling site, Vikrant Bhargava, Anurag Dikshit, Ruth Parasol and her husband, Russ DeLeon, are no longer active members of the board, and Dikshit and Bhargava are known to have resigned from their positions as group operations director and head of marketing (respectively) shortly after the introduction of the UIGEA. They are currently only consultants for the website.
Hopefully, the inquiries into this well respected casino gambling group will be resolved quickly.
Monday, March 17, 2008
Saturday, January 12, 2008
Winter Sports Betting, Biathlon
Winter Sports Betting - Focus of Winter Sports Action Returns to World Cup (Jan 12-13)
Biathletes will be racing in Ruhpolding, Germany, where the stands are guaranteed to be packed with thousands of expectant spectators and leading Internet sportsbook, PinnacleSports.com will have betting lines on every event. The question is can the German biathletes deliver?
Magdalena Neuner is probably the biggest local hope, looking to follow up her win at Oberhof last weekend in the 7.5km Sprint, while Ole Einar Bjørndalen is looking for his 79th World Cup win in Biathlon, (80th in total). The Norwegian is aiming to surpass the all time great, Ingemar Stenmark who recorded 86 Alpine skiing World Cup victories during the 70’s and 80’s. PinnacleSports.com is offering competitive Internet betting lines with 1.93/1.93 style pricing on the races at Oberhof.
In Men’s Alpine, the classic downhill at Wengen also take place this weekend. As one of the longest downhill runs in the world, it really takes its toll on the skiers. US skier, Bode Miller, won Wednesday’s training run by a wide margin - can he produce that form under race conditions? Bet now at Internet Sportsbook, PinnacleSports.com, the number one choice for winter sports betting lines.
The Women Alpine skiers have moved to Maribor, Slovenia, for the Giant Slalom and Slalom on Saturday and Sunday. Italy’s Denise Karbon is a firm favourite in the Giant at winter sports betting specialists, PinnacleSports.com, having come to life this season with four consecutive victories.
Having just completed the Four Hills Tournament, the Ski Jumpers have now headed to Val di Fiemme, Italy, for two competitions on the HS134 hill. Austria’s Thomas Morgenstern had an impressive run of World Cup wins before the Four Hills Tournament, but Finland’s, Janne Ahonen, showed his experience in beating Morgi into second, and will once again be out to beat the young Austrian this weekend.
Biathletes will be racing in Ruhpolding, Germany, where the stands are guaranteed to be packed with thousands of expectant spectators and leading Internet sportsbook, PinnacleSports.com will have betting lines on every event. The question is can the German biathletes deliver?
Magdalena Neuner is probably the biggest local hope, looking to follow up her win at Oberhof last weekend in the 7.5km Sprint, while Ole Einar Bjørndalen is looking for his 79th World Cup win in Biathlon, (80th in total). The Norwegian is aiming to surpass the all time great, Ingemar Stenmark who recorded 86 Alpine skiing World Cup victories during the 70’s and 80’s. PinnacleSports.com is offering competitive Internet betting lines with 1.93/1.93 style pricing on the races at Oberhof.
In Men’s Alpine, the classic downhill at Wengen also take place this weekend. As one of the longest downhill runs in the world, it really takes its toll on the skiers. US skier, Bode Miller, won Wednesday’s training run by a wide margin - can he produce that form under race conditions? Bet now at Internet Sportsbook, PinnacleSports.com, the number one choice for winter sports betting lines.
The Women Alpine skiers have moved to Maribor, Slovenia, for the Giant Slalom and Slalom on Saturday and Sunday. Italy’s Denise Karbon is a firm favourite in the Giant at winter sports betting specialists, PinnacleSports.com, having come to life this season with four consecutive victories.
Having just completed the Four Hills Tournament, the Ski Jumpers have now headed to Val di Fiemme, Italy, for two competitions on the HS134 hill. Austria’s Thomas Morgenstern had an impressive run of World Cup wins before the Four Hills Tournament, but Finland’s, Janne Ahonen, showed his experience in beating Morgi into second, and will once again be out to beat the young Austrian this weekend.
Friday, December 21, 2007
Online betting ban
The United States faces a token $21 million in annual trade sanctions as a result of its online betting ban, the World Trade Organization said today in awarding Antigua and Barbuda the right to target U.S. services, copyrights and trademarks.
The decision is a setback for the Caribbean island nation, which sought the right to impose $3.4 billion in retaliatory measures against U.S. commercial services and intellectual property.
Washington acknowledged its Internet gambling restrictions were ruled illegal by the WTO, but argued that Antigua should only be compensated for about $500,000 for lost annual revenue.
The decision is a setback for the Caribbean island nation, which sought the right to impose $3.4 billion in retaliatory measures against U.S. commercial services and intellectual property.
Washington acknowledged its Internet gambling restrictions were ruled illegal by the WTO, but argued that Antigua should only be compensated for about $500,000 for lost annual revenue.
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