Millions of game-toughened poker faces are showing signs of impending blubbering as the US Congress unexpectedly passed anti-online gambling laws last week.
Moreover, the new laws are set to hit Britain’s Internet gambling companies hard, with many of the US big players being based in the UK.
Shares of internet gambling sites like PartyGaming, Sportingbet and 888 plummeted as the new legislation made it unlawful for credit-card companies to collect payments for transactions with online-gaming sites.
The laws – contained in The Safe Port Act – are now just a George W. Bush signature away, with the President expected to put pen to paper within the next two weeks.
The new laws will wipe out US revenue for London-based online-gaming companies, with PartyGaming saying that they’d suspend business with US residents as soon as the law takes effect.
For PartyGaming it’s a calamitous blow. With more than half of the company’s revenue coming from US residents, share prices plummeted by 60 per cent, while 888Holdings – who enjoy a similar percentage of US revenue – saw its share price crash 45 per cent.
In a Stock Market announcement, the company said:
“After taking extensive legal advice, the Board of PartyGaming Plc has concluded that the new legislation, if signed into law, will make it practically impossible to provide US residents with access to its real money poker and other real money gaming sites. As a result of this development, the Board of PartyGaming has determined that if the President signs the Act into law, the Company will suspend all real money gaming business with US residents, and such suspension will continue indefinitely, subject to clarification of the interpretation and enforcement of US law and the impact on financial institutions of this and other related legislation.”
888 Holdings has already suspended its US operations, commenting that, “the board will continue to seek clarification of the overall US legal position to determine whether and to what extent if any resumption of participation by US customers is feasible”.
“At present however no assurance can be given that this will be possible,” they added.
Bizarrely, the anti-gambling legislation has been bundled in with The Safe Port Act, which is all about raising $3.4bn to “make ports safe” from evil terrorists by adding security measures like increased goods containers inspections.
Producing high quality, well-lit, studio-style photographs can be quite a challenge if you don’t happen to have access to a studio set-up at home or be the proud owner of an expensive camera.
The Cubelite cubes come in a range of sizes, from two foot up to six foot six inches, with each package including a 500w tungsten light and tripod, two-sided silver and white reflector, white background and carry case.
Unleashing the beast
Following the straightforward instructions, we stuck the lamp on the tripod and set it up so that it shone it through the fabric from a distance of 18 inches.
A useful, albeit minimal, single sheet of A4 paper advised us on how to sort out the colour balance on our camera, and before long we were knocking out some s-s-s-studio style photos with ease, with the diffusing material making it a cinch to grab attractive, shadow-free results.
We found the Cubelite easy to lug about, although the towering tripod and heavy duty lamp may have bordered on overkill for such a small set up.
Rating
We love a good laugh at overblown press releases that get carried away with themselves, so we certainly cheered up when we got our hands on Sony’s latest artistic offering describing their new Sony’s new Vaio C range of laptops.
Or maybe, “Cor blimey, who writes this Cobblers?”
Connectivity options come in the shape of an integrated 802.11a/b/g wireless LAN, Memory Stick Duo, Memory Stick Pro or ExpressCard media slots and i.LINK (IEEE 802.11) and USB ports.
With the Photokina 2006 photo fair opening its gates for business, the big guns are rolling out new product announcements at a rate of knots, and Kodak has offered details of their budget-priced 7.1-megapixel EasyShare Z710 Zoom.
At the rear there’s a (now) rather miserly 2″ LCD, plus the standard array of controls and an optical viewfinder (we like them).
Kodak are claiming that the 7.1 megapixel image sensor and ‘professional quality’ Schneider Kreuznach Variogon 10X optical zoom lens are capable of capturing high-quality prints up to 30 x 40 inches (76 x 102 cm), helped by their Kodak Color Science imaging processing chip.
Hackers racked up attacks on home PC users and financial services companies in the first half of this year, according to the latest Symantec Internet Security Threat Report Trends.
The notoriously leisurely Microsoft averaged nine days per patch, but that snail-like response was still faster than Sun Microsystems.
Orange has launched, nay unleashed, the Unique phone, its first converged service using a single handset that connects via WLAN in the home and then switches to the regular mobile network when the user goes walkabout.
So far, only the Motorola A910, the Nokia 6136 and the Samsung P200 can be used with the service, but more phones will be launched in 2007.
U.S. Internet advertising revenue has hit a new record high of nearly $8 billion for first six months of the year, increasing by a money-spinning 37 per cent, according to a new study.
The IAB/ PricewaterhouseCoopers figures show that Internet advertising revenue totalled nearly $4.1 billion in the last quarter, representing a thumping a 36 percent increase over the same period last year, and up a healthy 5.5 percent over the first quarter of 2006.
Currently blossoming on the Ugly Tree and ripe for plucking is the new i-mate JAQ PocketPC phone.
As far as we know, i-Mate haven’t officially split from HTC, but the company seems to be following O2’s policy of sourcing Windows smartphones from other manufacturers as well as HTC – a decision perhaps prompted by HTC recently releasing phones under their own name.
Quite a hefty beast at 122x71x22mm and weighing 160 grams, the i-Mate JAQ comes with a 2.8″ 320×240 pixels, 65k colour display, Bluetooth and InfraRed, but there’s no WiFi or 3G in sight, neither is there an onboard camera, which strikes us as a serious omission.
Barely half a year after the launch of the pocket-sized FinePix F30, Fujifilm has launched an upgraded version with the somewhat less memorable name of the FinePix F31fd.
Fujifilm FinePix F31fd specs:
Currently leaking out all over the Web is this picture of a Palm Treo 680 with Cingular branding.
Although it looks like a slimmer, sleeker version of the 650, the phone is aimed at the lower end of the market, so is expected to feature a rather disappointing VGA resolution camera along with Bluetooth, 64MB memory and run the trusty Garnet version of the Palm OS (sure it’s as old as the hills now, but it’s still one of the best mobile operating systems around in our opinion).