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ONLINE GAMBLING BOX

Partypoker under Phishing Attack

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Security experts are warning of a phishing attack targeting gamblers on the PartyPoker website.

Emails were spammed out last night purporting to come form the gaming site, which is the largest online poker site in the world. The spam warns of news about ‘legislation’ affecting online poker players, and asks users to log-in using a compromised link.

‘Dear poker player, Information for US and all over the World based customers on the passing of the Unlawful Internet Gambling Enforcement Act of 2006. On September 30, 2006, the United States Congress passed The Safe Port Act,’ reads the email.

‘That measure also contained certain provisions known as the Unlawful Internet Gambling Enforcement Act of 2006. On October 2, 2006, Party Gaming made an announcement regarding the impact the act would have on business when, as expected, it is signed into law.’

The email includes a link which leads to a well designed fake PartyPoker log-in page which is then used to harvest account details. This would allow the phishers either to gamble using account holders’ money or possibly transfer funds to other accounts. thanks to pcmag.co.uk

Online Gambling: the heat is on

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USAMitch Garber says he’s not afraid to travel to the United States. If it was me, I’d find other places to visit.

Garber is the Montreal lawyer and businessman who was chosen last spring to head the world’s largest online gambling company - Gibraltar-registered PartyGaming PLC.

Last week, PartyGaming reported its first full financial results since Garber became chief executive, and the numbers were terrific. After-tax profit in the first half of the year surged 74 per cent to $298 million U.S. The company said it’s adding a mind- boggling 3,000 new players a day on its websites, including the world’s most popular poker site, PartyPoker. Read more »

Partypoker grows outside the US

PartyGaming PLC, the company that owns and operates the world’s largest online poker room, PartyPoker.com, has reported a 151 percent increase in revenues generated outside the United States in the company’s interim results for the six months to 30 June 2006.

The increase is significant given the uncertainty over the online gambling industry in America, a Bill was passed by the U.S. House of Representatives that, if approved, would result in the tightening of laws regarding online betting in USA.
Read more »