The United States moved no closer to unequivocally defining "unlawful Internet gambling" as an amended bill requiring regulators to draft such a definition was defeated by the narrowest of margins Wednesday.

A 32-32 vote in the House Financial Services committee defeated a bill requiring Congress to define ‘unlawful Internet gambling”. Supporters hoped the bill would provide momentum to legislation legalizing i-gaming in the US. Two bills authored by committee chairman Rep. Barney Frank (D-MA) - HR 2046 and HR 5767 - are stalled, with no apparent way forward during what remains of the 110th Congress.

Mountains of cash, beautiful women, and a nonstop round-the-world party. Life was good for Calvin Ayre, founder of the online gambling powerhouse Bodog. Then he was gone.

Betting company Neville Porter Plc. said the application to the court by a creditor of the company to appoint an administrator has been withdrawn.

For most people, bingo brings up images of elderly ladies in smoke-filled halls. But many online gambling executives say it's the next big growth area.

Malaysian gambling group Genting Bhd launched its first online casino brand, CircusCasino.com, in the United Kingdom, the company said on Friday.

Greek betting technology company Intralot SA said it has been granted a license to operate games in the Australian state of Tasmania by the local gaming commission.

The various reforms announced by the New South Wales racing industry this week have generally been given a quiet run in the media. So much so that Racing NSW and its wagering partner TabCorp have been reduced to issuing self congratulatory press releases in an attempt to generate some positive PR.

The Northern Territory betting agency Sportsbet has become the first company to take on the State Government over the advertising ban for online betting operators in a stoush that could result in the controversial global betting giant Betfair winning its fight to advertise in NSW.

Betting agency Sportsbet has defended a campaign involving cold calls to mobile phones offering free betting vouchers.

The online bookmaking agency Sportsbet has started calling mobile phones randomly encouraging people to bet.

Republicans Said 'No' to Amendment Helping Credit Unions, Banks

The American Banker published an editorial yesterday, "Viewpoint: Blocking Web Gambling Rules Would Be Mistake," by Rep. Spencer Bachus (R-Ala.) that uses incorrect information to argue for the continued prohibition of Internet gambling.