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Costa Rica Gaming News:
Antigua seeks restraining order against online gambling firm
1st December 2006
The Antiguan government has taken measures to stop the sale of Antigua-registered online gambling businesses.
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BetonSports CEO wins deal with US authorities
18th October 2006
The civil case against Internet gambling company BetonSports is approaching a resolution, but criminal charges against former Chief Executive Officer David Carruthers and a number of other principals in the company still stand.
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Peer fears FBI rap over betting firm
11th October 2006
A Northern Ireland peer has said his family are living amid "absolute insecurity" about being dragged into a high-profile FBI probe.
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Pataki won't extradite arrestee to Louisiana
1st October 2006
A judge cleared a former British betting-company executive Friday to return to London after New York's governor declined to sign a warrant extraditing him to Louisiana, where he is charged with illegal online gambling.
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British Gambling Exec Cleared to Go Home
30th September 2006
A judge cleared a former executive of a British gambling company to return to London on Friday after New York's governor declined to sign a warrant extraditing him to Louisiana, where he is charged with illegal online gambling.
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Costa Rica's lax laws shield online gambling industry
25th September 2006
Think of Costa Rica and flashes of colorful birds, bright beaches and long hikes through the rain forest come to mind. But several recent arrests and indictments have thrust the country into the spotlight for another, less savory reason: its cozy relationship with the online gambling industry. The industry is under fire from U.S. authorities, helping create the notion that this small Central American nation is the cybernet version of 1950s Cuba.
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Arrest, bill won't deter online gambling
21st August 2006
The recent arrest of a high-profile online gambling executive and a federal bill outlawing virtual wagers are generating headlines but will do little to curb the multibillion-dollar industry, gaming experts say.
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Former BETonSPORTS chief freed on bond
17th August 2006
David Carruthers, the former chief executive of indicted online gaming company BETonSPORTS Plc , was freed on Wednesday on $1 million bond with strict curbs on his movements.
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Advisers to Betonsports faced with legal action
13th August 2006
As Betonsports faces meltdown, shareholders in the online gambling firm are considering taking legal action against the company's advisers - Evolution Securities and Baker Tilly.
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Costa Rica's online gambling companies seek to remain in business after BetOnSports closes
12th August 2006
Costa Rica's online gambling companies said Friday they will lobby the government to remain open despite the closure of BetOnSports PLC because of legal problems in the United States.
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US continues legal action against British gambling firm
12th August 2006
US government lawyers say they will continue prosecuting BetOnSports, even though the British-based internet gambling company is shutting down its operations that take bets from American customers.
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BetOnSports to close US business after chief arrested
11th August 2006
ONLINE gaming firm BetOnSports, which removed its Scots-born chief executive from his job following his detention in Texas last month on racketeering charges, today said it was closing down its Stateside business.
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Ex-gaming boss in not guilty plea
1st August 2006
The former chief executive of online bookmaker Betonsports has pleaded not guilty to racketeering and other charges in the US.
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Betting firm is linked to US Mafia kingpin
30th July 2006
EMBATTLED online bookmaker Betonsports once shared the same address, technical support and solicitor as a company linked to New York’s notorious Bonanno crime family.
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Indicted gaming company fires CEO
26th July 2006 - Antigua Sun
A week after locally licensed Internet gaming company BetonSports was hit with the indictment of both its founder and its chief executive officer on racketeering charges, the company has announced that it has sacked arrested CEO David Carruthers.
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How US gambling laws sent a Scot to jail
23rd July 2006 - The Scotsman
WHEN David Carruthers was arrested last Monday night at Dallas Airport, panic spread through the online gambling industry. "Never mind the falling share price," many will have wondered, "am I going to go to jail?"
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Ex-finance boss sues gambling firm at centre of FBI inquiry
23rd July 2006 - The Observer
The former chief financial officer of Betonsports, the internet gambling firm at the centre of an FBI investigation, is claiming the firm owes him over £100,000 in unpaid fees and share options .
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BETonSPORTS case narrows odds on US gaming law
21st July 2006 - Reuters
As the BETonSPORTS (BSS.L) CEO prepares for a U.S. court hearing on Friday, his arrest on tax evasion and racketeering charges has narrowed the odds that an anti-gaming bill, once thought a long shot, could become law.
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BetOnSports forced to close down poker and casino websites
20th July 2006 - Times Online
ONLINE poker and casino operators, such as PartyGaming and 888 Holdings, have been drawn into the American Government’s assault on the internet gambling industry.
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US warns online gambling is illegal
18th July 2006 - Money Central
Charges of illegal gambling levelled at BetonSports and David Carruthers, its chief executive, may be only the first in a series of prosecutions against online gambling executives setting foot on US soil, federal officials warned on Tuesday.
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Eleven Individuals and Four Corporations Indicted On Racketeering, Conspiracy And Fraud Charges
17th July 2006 - News Wire
A federal grand jury in the Eastern District of Missouri has returned a 22-count indictment charging 11 individuals and four corporations on various charges of racketeering, conspiracy and fraud, the Department of Justice announced today. The indictment was returned on June 1, 2006, and unsealed today.
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Online gaming operators slump on arrest
17th July 2006 - News Wire
Gambling companies slumped Monday in London after the chief executive of BetOnSports was detained by U.S. federal authorities, while takeover bids and speculation helped boost retailer GUS and retirement-home builder McCarthy & Stone.
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Bets Are on as 777 Sports Entertainment Corp. Opens for Business
10th August 2005 - Online Casino News Wire
777 Sports Entertainment Corp. (Pink Sheets: SVNP) is pleased to announce that 777 Sports Entertainment Limited has commenced operations as a full-service Internet casino and sportsbook. Operations have begun on a limited basis, with casino and sportsbook modules fully functional and able to be played in a for-fun, or live mode. An increased suite of products will be available by Sept. 1, 2005, with the launch of Multi Table Poker and will meet the demands of the serious and also the less serious members.
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Chimera Licensee 777Betz Reports Impressive $2 Million Handle in Only First Month of Operation
8th August 2005 - Online Casino News Wire
Chimera Technology Corp. ("Chimera") (Pink Sheets: CNOC), a developer/licensor/turnkey Solution Provider of online and wireless gaming platforms, is pleased to announce that Chimera licensee 777Betz, reported gross wagers of $2,080,000 in only its first month of operation in July 2005.
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777 Sports Entertainment Corp. Announces Completion of Integration
25th July 2005 - Online Casino News Wire
Mr. James Cheung, President of 777 Sports Entertainment Corp. (Pink Sheets:SVNP), a Nevada corporation trading on the NQB Pink Sheets under the symbol "SVNP", is pleased to announce that 777 Sports Entertainment Limited, operating as a licensee of the Chimera 2 suite of online and wireless gaming platforms, has advised that integration of the "777" website with the Chimera utilities has been completed and has been launched in a play for fun mode at www.777betz.com.
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CBS Sports NFL Today Commentator and Former NFL Standout Shannon Sharpe Signs with AbsolutePoker to Compete at the World Series of Poker
29th June 2005 - Internet Poker News Wire
Absolute Poker, the fourth largest online poker destination has drafted CBS Sports NFL Today Commentator and former NFL standout Shannon Sharpe to play at the largest sporting event in the world - the 36th annual World Series of Poker.
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Sportsbook.com offers Barry Bonds' 700th Home Run Ball to Cooperstown
10th June 2005 - News Wire
Sportsbook.com today purchased Barry Bonds' 700th home run baseball for $85,000 through a public auction held by Sotheby's in New York. The world's largest sportsbook and online casino intends to offer the ball to baseball's Hall of Fame in Cooperstown.
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Sportsbook.com expects Lance Armstrong to retire with yellow jersey
31st May 2005 - Newswire
Sportsbook.com has posted odds on the 2005 Tour de France, calling Lance Armstrong a 5-6 favorite to make history with a seventh consecutive Tour win. Odds on Armstrong failing to win are 10-11.
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24hBet Becomes 24hPoker: Swedish Gaming Giant Starts 11 New Sites in 8 Countries
31st May 2005 - Newswire
Eleven new gaming sites were recently launched within the company's network, 24hNetwork. The new sites are marketed by local partners who use 24hPoker's software for poker and sport betting on the Internet. The sites are targeting players in Russia, Asia, South Europe, Great Britain and the Nordic countries. Until recently 24hPoker AB used the name 24hBET AB.
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Julio Cesar Chavez favored big for farewell fight
25th May 2005 - Newswire
Sportsbook.com has listed Julio Cesar Chavez as a huge -450 favorite for his May 28 farewell fight against Ivan Robinson at the Staples Centre in Los Angeles. The online casino and sports book is the title sponsor for this historic event, which will be televised on Showtime Pay-Per-View.
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Miss Universe Odds Released
24th May 2005 - Newswire
Sportsbook.com has released odds on who will win the Miss Universe competition, which will be televised live by NBC on May 30 from Bangkok, Thailand. Eight of the top ten favorites according to odds makers come from the Caribbean and the Americas, led by Renata Sone from the Dominican Republic and Cynthia Olavarria from Puerto Rico, both listed at 12-1. The US delegate, Chelsea Cooley from Charlotte, North Carolina, is a 25-1 favorite.
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Sportsbook.com announces sponsorship agreement with Top Rank Boxing
24th May 2005 - Newswire
Sportsbook.com is proud to announce a new agreement with Top Rank, a leading promoter and producer of international boxing events. As part of the arrangement, Sportsbook.com will be the title sponsor of two upcoming Pay-Per-View fights featuring some of the biggest names in boxing at the Staples Center in Los Angeles and Madison Square Garden in New York.
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Bodog.Com Ignites Indy 500 With ''Miss 500 Hawaiian Tropic Pageant'' & Pre-Race VIP Party; Online Sportsbook Releases Odds for Winner
23rd May 2005 - Newswire
Leading online gambling site Bodog.com continues to sponsor some of the world's hottest social events, including Indy 500's 2005 "Miss 500 Hawaiian Tropic Pageant" & Pre-Race VIP Party on Saturday May 28th from 8PM - 2AM.
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Miami Heat Early Odds Makers' Choice Against Detroit
20th May 2005 - Newswire
Sportsbook.com odds makers have made the Miami Heat a -130 favorite to defeat the defending NBA champion Detroit Pistons in their Eastern Conference Final series. The status of Shaquille O'Neal's injury hangs as a big question mark as the series starts Monday night in Miami.
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Sportsbook.com announces Preakness Stakes odds
19th May 2005 - Newswire
The Preakness Stakes will be run this weekend at Pimlico and Sportsbook.com is offering odds on the 14- field race. Afleet Alex, the third place finisher at the Kentucky Derby is leading the pack with odds at 5-2.
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Fans think Darth Vader can out duel Spider-Man
13th May 2005 - Newswire
Less than 24 hours since Sportsbook.com posted odds on the opening weekend gross for the upcoming Star Wars release, fans have overwhelmingly placed their bets "over" the estimated gross. This trend suggests the film will be more successful at the box office than industry insiders had predicted and has caused Sportsbook.com to change its odds to reflect the betting patterns.
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Carrie Underwood is odds makers favorite for American Idol
13th May 2005 - Newswire
Sportsbook.com has listed Carrie Underwood a 5-7 favorite to become the fourth American Idol on May 24. The singer, with country roots, is favored ahead of rocker Bo Bice who is listed at 3-2 and the soulful Vonzell Solomon at 11-2.
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Sportsbook.com offers chance to win tickets to NBC's Contender finale at Caesar's Palace
13th May 2005 - Newswire
Sportsbook.com is offering boxing and Reality TV fans everywhere the chance to win tickets to the live finale of the hit NBC reality program, The Contender. The show will be aired live on national television from Caesar's Palace in Las Vegas on Tuesday, May 24th.
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Pokertropolis.com Antes up $250,000 for Carson Daly Show Guests
12th May 2005 - Newswire
When the "Last Call with Carson Daly" show arrived in Los Angeles for a week to tape May sweeps, Pokertropolis.com was there to greet his guests with a quarter of a million dollars.
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Playtech and Casino Solei Part Ways
9th May 2005 - Newswire
Playtech regrets to announce the termination of its software license granted to VBC Ltd, operators of Casino Solei since 2003.
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MyBookie.com Signs Exclusive Deal with Warner Brothers
25th Apr 2005 - Newswire
In what proves to be another industry first, online gaming company MyBookie.com has signed an exclusive product placement agreement with Warner Brothers for the upcoming film 'Lucky You,' starring Drew Barrymore.
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Sportsbook.com first to post odds on NFL's opening week
18th Apr 2005 - Newswire
Sportsbook.com has posted odds for the opening week of the NFL season. The defending Super Bowl champion New England Patriots are big 7.5 point favorites over the revamped, Randy Moss led Oakland Raiders, while the Philadelphia Eagles are a 2.5 point favorite to win in a rematch of last year's NFC title game over the Atlanta Falcons.
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Bodog Posts Odds on Home Country of the Next Pope
14th Apr 2005 - Newswire
Trendsetting online gambling authority Bodog is leading the way in current events and political wagers with their new line of odds on the home country of the next Pope.
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Boy or Girl? Bet on Britney's Baby at Bodog.com
13th Apr 2005 - Newswire
Continuing its leadership in posting odds on the most talked about pop culture events, Bodog.com has posted odds on whether Britney's recently announced pregnancy will be a boy or a girl.
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