Online Gambling Knows When To Fold ‘Em

Congress caught the gaming industry by surprise late last month when it included a provision in a bill aimed at improving port security that would make it illegal for banks and credit-card companies to settle payments to online gambling sites.

On Friday, Sportingbet of London offloaded $13.2 million of debt by selling its U.S. gaming purpose. Louis area awaiting trial on federal charges based on the 1961 Wire Act.

“This decision (to call in administrators) follows discussions with all key parties and after receiving appropriate legal advice. Empire Online PLC said it would focus on gaming outside the United States, while 888 Holdings PLC said it was considering its options.

Sportingbet said it will keep its European sports, casino and poker businesses, Australian sports business and the non-U.S. Former BetOnSports PLC Chief Executive Officer David Carruthers remains under house arrest in the St. legislation is cleaving the industry in two. operations for a token $1 while World Gaming PLC directors resigned, leaving the company in the hands of administrators.

U.S. On one side are the London-based companies that are pulling out of the United States. These (U.S.) operations contributed the overwhelming majority of the company’s revenues for the year to date 2006,” World Gaming said.. The company said the sale saved it $14 million in costs it would have had to pay to close the operations. operations Friday as President Bush signed a bill aimed at restricting Internet gambling in the United States.

Sportingbet PLC and Leisure & Gaming PLC both sold their U.S. Some banking groups lobbied against it.

2006 CBS Interactive Inc. George Pataki declined to sign a warrant extraditing him to Louisiana, where he was wanted on charges of illegal online gambling. Peter Dicks, the former chairman of Sportingbet, was detained in New York but released after New York Gov. sports-betting, casino business and poker operations to Antigua-based Jazette Enterprises Ltd. residents account for about half of the estimated $15.5 billion in net win from wagering that operators of online betting sites were expected to generate this year, according to the betting research unit at Nottingham Business School. The total amount bet online is substantially higher, it said.

Looming over the decisions by the London-based companies was the arrest of two executives while traveling through the United States. This material may not be published, broadcast, rewritten, or redistributed. On the other are private offshore companies located in the Caribbean that are still doing business with U.S. And World Gaming shares were suspended at 7.4 cents.

Analysts said the U.S. The Associated Press contributed to this report. business of Paradise Poker.

World Gaming instead appointed administrators to the business after the resignation of its directors.

Andrew McIver, Sportingbet’s chief executive designate, said in a statement that the company was “saddened to have to dispose of such a fantastic business as a result of political actions in the U.S. customers through third parties.

Vienna, Austria-based online betting company bwin said Friday it will no longer accept new customers in the United States for its “real money” games and will only offer a “play money” lineup to the U.S. Congress.”

Leisure & Gaming sold all of the shares of its wholly owned subsidiaries VIP Management Services, Bon Bini Investments, EH Gaming Ventures, ECom ServCorp and Nine Holdings to Stockdale Investment, a newly incorporated company established by Alistair Assheton, former chief executive of the company.

Sportingbet will retain the Internet addresses and intellectual property of wallstreet.com, aces.com and sportingbetUSA.com, but won’t use them for any U.S. Leisure & Gaming shares rose 3.1 percent to 15.32 cents. market.

The measure’s supporters include the National Football League as well as conservative and antigambling groups. All Rights Reserved. The businesses have a total of 500 employees.

Since then, PartyGaming PLC, the world’s largest gambling company, said it had suspended all real money gaming activities to customers in the United States. Jazette has agreed not to take bets from non-U.S. Sportingbet shares fell 10 percent Friday to $1.09 and PartyGaming shares dropped 4.2 percent to 64 cents. residents for two years, and not to take bets from customers outside the Americas for three years.

British-based online gaming companies began cashing in the chips of their U.S

‘Pioneer’ in online sports betting pleads guilty

Gary Kaplan, 50, entered a guilty plea to conspiracy and violating wagering laws in federal court in St. Louis.

By Terry Frieden

CNN Justice Producer

WASHINGTON (CNN) — The man who founded and ran the online sports gambling operation BetOnSports pleaded guilty and agreed to forfeit more than $43 million in proceeds, prosecutors announced Friday.. Justice Department officials said Kaplan last week had wired the entire forfeited amount from his Swiss bank account to the court.

Kaplan’s Costa Rica-based BetOnSports operation had nearly a million customers from the United States and other countries who bet more than a billion dollars, law enforcement officials said.

Under the plea agreement, Kaplan will be sentenced to between 41 and 51 months in prison when he goes before a judge on October 27. He has been held without bond since he was arrested in March 2007.

All About Online Gambling

“Today’s guilty plea should have a lasting effect because Kaplan was not only the founder of BetOnSports, he was also one of the pioneers of illegal online gambling,” said John V. Gillies, special agent in charge of the FBI office in St. Louis, Missouri, authorities said

Popular Hobbies for Girls

Even though there is no particular age to pursue your interests, starting them at an early age is always advisable.

The mechanism of humans having hobbies is very interesting to know. You can use your creativity in baking by preparing unique cakes and cookies, with lovely toppings and decorations; while in cooking, you could use it in discovering various new flavors and spices, which can affect the taste of any particular dish. Using various color combinations could make this job easy. One way of making good use of this facility is to harbor your interest in writing or poetry by blogging. When you discover that you like doing something, you develop an affection towards it. Blogs help teenage girls to get an audience for their short stories, articles, or poetry. There are various types of hobbies which kids can follow. They are stress-busters that help in keeping a calm mind so that you are physically and emotionally healthy. However, if you are ready to create in the true sense of the word, then go for it!

Baking and Cooking

As a natural instinct in women, baking and cooking various delicious foods is also one of the most popular hobbies for girls. In the paragraphs below, we have a list of hobbies and interests which you could use, so read on and take your pick.

Blogging

All teenagers are used to using the Internet very often for various purposes, such as networking, finding information, enrolling to online courses, etc. As writing and reading also helps in many other ways, such as relieving your tensions and strengthening you emotionally, it could be a great hobby for teenage girls.

Knitting

Other than matching your clothes, shoes, makeup, and accessories with each other, there are many other interesting things young teenage girls can indulge in. When you excel in it, you receive appreciation, because of which you want to continue practicing that special interest. There are many types of handmade jewelry which you could try making, such as hemp jewelry, bead loom jewelry, stone jewelry, etc., and these could be sold as well. Because of that affection, you put in your whole heart and concentration in doing it perfectly, and eventually might even excel in it. There are many cuisines throughout the world, which I am sure you are waiting to learn more about.

Jewelry Making

Another way to channel your creativity is to make beautiful and attractive jewelry, such as earrings, necklaces, bracelets, etc. Their talents as writers are appreciated, which is definitely a healthy use of the Internet. Therefore, girls are subjected to sports, books, art and drama, languages, pottery, and other interests in schools and colleges. Hobbies are activities that one enjoys performing irrespective of their professional or personal barriers. When you are at a learning age, such as teenage, developing an interest and using it to strike a balance is very essential. Using various types of wood, you could create many new objects, such as tables, chairs, toys, shelves, and other furniture. Woodworking

Even though this hobby is more of a “guy thing”, you can surely use it if you are interested in building things from wood. Like I said earlier, you need to know what you like first and the rest will follow. There are so many culinary secrets waiting to be revealed, and if you love cooking, this is what you should do. Making beautiful woolen scarves, mufflers, sweaters, booties, caps, etc., could be a time-consuming as well as economical hobby for starters.

With such a variety of hobbies for girls, you could choose any of them and start right away. Sure, it sounds boring and slow, but if you like to use your creativity in color scheming, this is surely where you could use it. One of these is knitting as a hobby. They are very easy to make and all you need is some unique designs and patterns. For a group of young girls, this one’s surely one of the fun hobbies.

Since childhood and adolescence is the perfect age of learning new things and developing your interests, many parents and teachers inculcate hobbies in children. But, you will surely have to work slightly hard in this hobby, as holding equipment for wood working could be a difficult thing. Depending on the level of their interest, these hobbies could be made into their professions as well. So, find out what’s that one thing that is meant only for you and go ahead with it.