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Sportsbook.com
Sportsbook.com is a privately held online gaming firm, featuring sports betting, online poker, casino games and horse race betting that caters to the U.S. market. Prior to the passage of the Unlawful Internet Gambling Enforcement Act of 2006, Sportsbook.com was owned by Sportingbet, whose sports betting network, also including AllStar.com and Hollywood Sportsbook, was collectively named the "Best U.S. Sportsbook" in 2005 and 2006 by industry magazine eGaming Review. After passage of the Safe Port Act, Sportingbet sold all its U.S.-facing sportsbooks to a privately owned company, Jazette Enterprises Limited, for the sum of $1. Sportsbook.com's advertising included an "Everybody Bets" campaign featuring Brooke Burke and Nikki Cox in 2005 and 2006, respectively. Legal difficulties On October 16, 2001, the New Jersey Attorney General initiated civil actions - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in ...
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Sportingbet
Sportingbet is a British online gambling operator, owned by GVC Holdings plc. The company was listed on the London Stock Exchange and was a constituent of the FTSE SmallCap Index prior to its acquisition by GVC. History The company was founded by Mark Blandford in 1997. Sportingbet acquired Paradise Poker in October 2004. On 7 September 2006 Sportingbet reported that its then chairman, Peter Dicks, was detained in New York City on a Louisiana warrant while traveling in the United States on business unrelated to online gambling. Louisiana is one of the few states that has a specific law prohibiting gambling online. In March 2007, all Louisiana warrants involving the company were cancelled. In October 2006, Sportingbet announced Paradise Poker would stop taking deposits from US customers, although most would be allowed to continue to play for another month. Additionally, Sportingbet sold all its US-facing sports betting and casino businesses, including Sportsbook.com and Spor ...
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Nikki Cox
Nicole Avery Cox (born June 2, 1978) is an American actress known mostly for her roles on the television series ''Unhappily Ever After'', ''Las Vegas'', ''The Norm Show'', and ''Nikki''. Career Cox began her career at the age of four, when she appeared as a dancer in several ballet productions and TV specials. She began acting at the age of ten, making appearances in several movies and guest-starring on shows such as ''Baywatch'', '' Star Trek: The Next Generation'', ''Mama's Family'', ''Eerie, Indiana'', and '' Blossom''. She also appeared in '' General Hospital'' from 1993 to 1995, and had a recurring role on the Saturday morning program ''California Dreams''. Her appearances on various TV shows led to her first prime-time role as Tiffany Malloy on the sitcom ''Unhappily Ever After'', which ran on The WB from 1995–1999 for a total of five seasons. Her brother Matthew guest-starred on a handful of episodes, including one where he wore a "Ghostface" mask (the type of mask ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ...
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Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ...
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Online Gambling
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict or ban online gambling. However it is legal in some states of the United States, some provinces in Canada, most countries of the European Union, and several nations in the Caribbean. In many legal markets, online gambling service providers are required by law to have some form of licence provide services or advertise to residents there. For example, the United Kingdom Gambling Commission or the Pennsylvania Gaming Control Board in the United States. Many online casinos and gambling companies around the world choose to base themselves in tax havens near their main markets. These destinations include Gibra ...
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Sports Betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and cockfighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks ar ...
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Online Poker
Online poker is the game of poker played over the Internet. It has been partly responsible for a huge increase in the number of poker players worldwide. Christiansen Capital Advisors stated online poker revenues grew from $82.7 million in 2001 to $2.4 billion in 2005, while a survey carried out by DrKW and Global Betting and Gaming Consultants asserted online poker revenues in 2004 were at $1.4 billion. In a testimony before the United States Senate regarding Internet Gaming, Grant Eve, a Certified Public Accountant representing the US Accounting Firm Joseph Eve, Certified Public Accountants, estimated that one in every four dollars gambled is gambled online. Traditional (or "brick and mortar", B&M, live, land-based) venues for playing poker, such as casinos and poker rooms, may be intimidating for novice players and are often located in geographically disparate locations. Also, brick and mortar casinos are reluctant to promote poker because it is difficult for them to profit fro ...
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Online Casino
Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. It is a prolific form of online gambling. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, table games like blackjack have an established house edge. The payout percentage for these games are established by the rules of the game. Types Online casinos are broadly divided into two categories based on the software they use: web-based and download-only casinos. Traditionally, online casinos would include only one of the two platforms. However, with advanced technological changes, an online casino can now accommodate both. Web-based Web-based online casinos (also known as no-download ...
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Unlawful Internet Gambling Enforcement Act Of 2006
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act (found at ) which otherwise regulated port security. The UIGEA prohibits gambling businesses from "knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the Internet and that is unlawful under any federal or state law." The act specifically excludes fantasy sports that meet certain requirements, skill games, and legal intrastate and intertribal gaming. The law does not expressly mention state lotteries, nor does it clarify whether interstate wagering on horse racing is legal. Background on online gambling The United States Court of Appeals for the Fifth Circuit ruled in November 2002 that the Federal Wire Act prohibits electronic transmission of information for sports betting across telecommunications lines but affirmed a lower court ruling ...
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EGaming Review
''egaming review '' and ''EGRmagazine.com'' are related online gambling publishing brands covering online gambling industry news and regulation topics. History and profile ''egaming Review'', (EGR Global) is the world’s leading B2B publisher and membership networking group for the online gaming and gambling industry, featuring consistent exclusive news, interviews and expert comment from the most influential people in the sector. The publisher is a part of With Intelligence and is headquartered in London. The EGR website features up-to-the-minute coverage of breaking news, analysis and opinion from across the egaming industry. And as publisher of the industry’s only monthly B2B title and quarterly report for North America, EGR is also able to offer its readers more up-to-date insight on the big issues than any other egaming business publication. EGR Global is also responsible for the annual ''Power 50'' list of the top fifty most influential internet The Internet ...
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Safe Port Act
The Security and Accountability For Every Port Act of 2006 (or SAFE Port Act, ) was an Act of Congress in the United States covering port security and to which an online gambling measure was added at the last moment. The House and Senate passed the conference report on September 30, 2006, and President Bush signed the Act into law on October 13, 2006. Port security provisions The port security provisions were one of 20 bills introduced to Congress in the wake of the Dubai Ports World controversy that aimed to block Dubai Ports World acquiring P&O Ports, and more generally to stop key US ports falling into the hands of foreign owners by changing the Exon–Florio Amendment. The act codified into law a number of programs to improve security of U.S. ports, such as: *Additional requirements for maritime facilities *Creation of the Transportation Worker Identification Credential *Establishment of Interagency Operations Centers for port security * Port Security Grant Program *Contain ...
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