• American Gaming Association Calls for New Regulations

    05 October 2011

    Newspaper

    In an industry conference in Las Vegas, Chief Executive Frank Fahrenkopf of the American Gaming Association said he would like Congress to table all the current proposals in front of them and pass an all new regulation that would allow states to decide whether to all online gambling.

    There is an estimated $6 billion at stake and according to Fahrenkopf, “We’re perhaps closer to federal legislation than we’ve ever been. There’s a buzz in Washington about the need for action.”

    Part of the buzz is coming from the April indictments handed down against PokerStars, Full Tilt Poker and Absolute Poker. Fahrenkopf said the indictments showed that online poker companies have the capability of making billions of untaxed revenue if they remain unregulated.

    “The fact is that, despite the (indictments), millions of Americans are still betting billions of dollars a year on foreign poker websites, sites outside the reach of US law enforcement, leaving US players vulnerable,” he said.

    Proposals presented by Rep. Barney Frank, D-Mass., and Rep. Joe Barton, R-Texas are not what the industry needs according to Fahrenkopf but does admit Barton’s proposal is close but is also losing support from lawmakers.

    The AGA has released a video comparing the online gambling market to the Wild West. It also went as far as releasing a 6 point code of conduct that includes regular audits of poker software, tight technological controls to prevent kids from gambling and procedures to prevent money laundering.

    Related News

    • Tom horn gaming secured a deal with napoleon sports and casino

      Gambling News

      Tom Horn Gaming Secures a Deal with Napoleon Sports & CasinoIvan Stefanovic17 January 2022

      Tom Horn is known for developing an extensive range of online slots and other casino-style games, which includes both feature-packed progressive jackpots. Now they are set to expand its presence even further with Napoleon Sports & Casino. The Belgian online casino has now partnered with Tom Horn Gaming, becoming the latest operator to acquire the iGaming specialist’s titles.

      Read full article
    • Bgaming brings belarus players range of games through deal with parimatch

      Gambling News

      BGaming Brings Belarus Players Range of Games Through Deal with ParimatchIvan Stefanovic11 January 2022

      In 2022, BGaming picked up steam where it left off in 2021, as the online casino slot machine software provider grows its presence in Belarus through a partnership with Parimatch. According to the deal, Parimatch players will have access to various of its partner’s online slots such as Fruit Million, WBC Ring of Riches, Dig Dig Digger, Bonanza Billion, Zorro Wild Hearth, Road 2 Riches, Lucky Dama Muerta and more.

      Read full article
    • Oryx gaming debuts in the uk after an agreement with 888casino

      Gambling News

      Oryx Gaming Debuts in the UK After an Agreement with 888casinoIvan Stefanovic10 January 2022

      Bragg Gaming group company, Oryx Gaming, launched its content in the United Kingdom one week after obtaining its provider license for that country when they agreed with 888casino. According to the dal, many games from Oryx's RGS offering have been added to 888casino in the United Kingdom, including games and titles developed by Gamomat. In addition, Bragg's first game, Egyptian Magic, from their own game development studio Atomic Slot Lab, will also be available to punters across the country.

      Read full article