Archive for Online Betting News
DIGITOTE ACHIEVES eCOGRA ACCREDITATION
Posted by: | CommentsA press release was issued today on November 12, 2009, in London from Digitote, a provider of advanced online sportsbetting software that it has successfully passed the Certification process of Software accreditation from the standards of eCOGRA( the acronym for e-Commerce Online Gambling Regulation and Assurance. The non-profit organization was established in London in 2002 for self-regulation of the online gaming industry)
eCOGRA currently is performing the certification checks on many online gaming sites, on betting software providers and top online casino and online poker room operators.
So far, 145 online gaming sites were accredited as Safe and Fair, and 13 betting software providers.
Finally the turn came to the German Digitote, a group of independent IT companies that sell customized software solutions and product innovations. Digitote is distinguished because of its large client list, companies that are the major betting players such as Betbull Bwin Espana, Digibet, Topsportwetten, Primebet and Albers Wettbörse.
The assessment did not only get the approval of the eCOGRA requirements but also to European Gaming and Betting Association.
This sealed deal empowers Digitote to display the seal as a mark of its efficiency and commitment to fair and safe online sports betting.
“Andrew Beveridge, Chief Executive Officer of eCOGRA, said that Digitote’s success in meeting the required standards would make it possible for companies using its Xturf software to apply for operator inspection and certification with eCOGRA in the future.”
We congratulate the good dealers to get the well deserved certification.
BetOnSports founder jailed in US
Posted by: | CommentsBetOnSports founder Gary Kaplan was sentenced to 51 months in prison on multiple federal charges.
Gary Kaplan, 50 year old American citizen, pleaded guilty back in August to charges of conspiracy to violate the RICO statute, conspiring to violate the Wire Wager Act and violating the Wire Wager Act.
He will also have to pay $43.65 million in criminal proceeds, as well as approximately $7 million in other proceedings.
Kaplan was charged for 20 felonies because he allowed American residents to gamble at BetOnSports. He ran his betting operations illegally in New York and Miami. Kaplan has made immense profits by his illegal operations. Therefore, his role with BetOnSports was the reason for his guilty verdict.
Kaplan’s case should be used both as a warning and awareness to other people who are choosing to defy the US laws.
Online Betting leads to more college loans
Posted by: | CommentsBet online? Is the least thing that we expect to see student doing with their laptops in their dorms. But unfortunately online betting has become some sort of an addiction among students with loans.
Taking loans and gambling with it is not so smart when that is the only income that one can have. It seems that there is an increase among the online gamblers from university students.
Universities are trying to help students realize that they cannot risk all their moneys on online betting. One can play free bets but for an entertainment.
Unlike other programs, the mathematic major students are making some sort of a logical interpretation of the way poker is done, and playing and making some good bonuses.
Like everything else in life, online betting is fun and cool, but let’s try not to abuse the game! Bet safely!
