Gambling on what to believe - July 30, 2006
There has been a serious lack of consistency in comments made by people in the US government regarding the legality of internet gambling. Is it legal, is it illegal? Is it only kind of legal, but not enough illegal to actually prosecute someone and win? Why did the Department of Justice focus on Betonsports anyhow? What are they trying to say to the industry as a whole? read full article
Never trust your company - July 27, 2006
David Carruthers has done everything for Betonsports.com. He moved to Costa Rica to work at their headquarters, took the company public, and wrote numerous opinion editorials regarding regulating the online gambling industry. He's even been arrested in the United States for the job he did. How does Betonsports thank him for his efforts? They fired him. read full article
Gambling on time and the Senate - July 26, 2006
H.R. 4411 and H.R.4777 are still alive and well. The two anti-internet bills are waiting to see if they will make it to the Senate. With the Senate going on break on August 4th and ending their annual sessions early due to elections there isn't much time left for these bills to become laws. read full article
Responsibility and Gambling - July 25, 2006
Almost a decade ago the young Lindsey Lohan was in "Disney's The Parent Trap". One of the underlying themes of the movie was about poker. Did you catch that when you saw it? Yet Congress is blaming the internet gambling industry for the rise in youths gambling. It has nothing to do with us. read full article
Ayre doesn't like to gamble with his freedom - July 20, 2006
Calvin Ayre owns bodog.com, an internet gambling company. Boog.com was planning on having a conference in Las Vegas. Then David Carruthers was arrested while on a layover in the United States. read full article
Carruthers Took a Gamble and Lost - July 20, 2006
David Carruthers was the CEO of BETonSPORTS, an online sports book. He was also a very vocal industry advocate. Carruthers is now in trouble with the Department of Justice who busted him while making a connecting flight in the US. read full article
The House Approved the Anti-Internet Gambling Legislation - July 12, 2006
I hate waking up to unwanted surprises. The rumor mill had July 12th as the date for the anti-internet gambling debate in the House of Representatives. However, HR 4411 was debated yesterday instead. While I slept soundly last night (ok, that's a lie, my 6 month old son woke up three times last night) HR 4411 passed with flying colors. read full article
HR 4777 and HR 4411 Will Not Fix the Problem - July 11, 2006
Tomorrow is the day that rumors say the United States House of Representatives will be debating the two anti-internet bills, HR 4777 and HR 4411. People against these bills always use specific examples as to why internet gambling is so bad for the American people. What they don't do is quote any real statistics from a scientific study. read full article
Rooting for Internet Gambling in America - July 10, 2006
While Congress is debating on the benefits and negatives of internet gambling legislation (HR 4777 and HR 4411) special interest groups are standing by. Not everyone in the US wants internet gambling to be made legal, and I don't just mean me. Several different groups would like the issue to be studied first. read full article
Gambling on the American Values Agenda - July 9, 2006
The American Values Agenda is package deal the House of Representatives is serving to US citizens. It includes a side of anti-internet legislation which could seriously hurt the industry. Whatever happened to our inalienable rights? read full article
Party Sports Coming Soon? - July 6, 2006
PartyGaming claims to be the biggest online gambling company in the world. With four strong brands and a fifth coming soon they are certainly showing their desire to take over the entire industry. One would think that their upper management would be thrilled to bits and hold on to such a valuable stock. read full article
Gambling in Stocks - A True Family Story - July 4, 2006
The stock market has a saying, past performance is not indicative of future performance. It's the opposite of Dr. Phil. As such investing without doing the proper research is a lot like roulette, it's all about the luck. If you plan on gambling in the stock market then the same money management rules should apply. read full article
Live Internet Poker - July 3, 2006
Live internet poker is coming soon to an online poker site near you. It's something loads of us poker players have been waiting for. Is it the best way to play? For some, yes, it all depends on your goals. read full article
DrHo Gambles on Software - July 2, 2006
Internet gambling is illegal in the United States. Actually, that isn't exactly true. Owning an online casino is illegal, depositing and playing is only illegal in certain states. If the Department of Justice is to be believed they are busy hunting internet casino owners. The owners, however, are like Bugs Bunny with Elmer Fudd, somehow they always escape. Maybe the Department of Justice doesn't really want to catch that rabbit? read full article
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