• Online Gambling Legislation Will Fail Says Some Experts

    28 September 2009

    Newspaper

    Our government at work, it is a glorious and wondrous sight. Health care reform, probably. Economic overhaul, sure. Internet gambling regulation and legalization, many experts say not likely.

    Tony Cabot, former President of the International Masters of Gaming Law Association, says that with all the other work before congress, it is unlikely that gaming reform, with its small economic footprint, will be given any consideration. Internet gambling is not going to be a high priority. And if it doesn’t get passed this year, it may not be for some time to come.

    2010 is an election year and no politician is going to chance backing such a controversial subject like internet gambling. Also, if the Democrats lose their big majority in congress, which often happens in midterm elections, then they could lose their base and the support for gambling reform would dwindle. With President Obama’s and congress’s approval ratings plummeting, that is a very distinct possibility.

    Believe it or not, even some existing online casinos are against repealing UIGEA. They are afraid of the increased competition and the fear that they would even be denied licenses to operate in the United States. Land based casinos are also divided on gaming law reform. Senator Harry Reid, (D) of Nevada, refuses to take a side on the debate.

    State level reform is a possibility, but don’t look for any reform on the federal level anytime in the near future.

     Some do say it will work, I guess we will have to wait and see what happens.These days you never know.

    Related News

    • Betsoft brings back safari sam 2

      New Online Slots

      BetSoft Brings Back Safari Sam 2Ivan Stefanovic21 May 2021

      Original BetSoft slot, Safari Sam, was released in 2012. Safari Sam 2 follows the original version in 2021, and the adventure starts in the African savannah with the most famous hunter. However, a few changes have been made and now the Wild Girl has joined Sam in his quest for the mainland's wildlife. The original game's graphics are still nice and can compete with many other titles, but this sequel goes even further.

      Read full article
    • Relax gaming subsidiary in gibraltar gained uk license

      Gambling News

      Relax Gaming Subsidiary in Gibraltar Gains UK LicenseIvan Stefanovic19 May 2021

      Relax Gaming (RG) saw its Gibraltar subsidiary, Relax Gaming Gibraltar, receive United Kingdom Gambling Commission approval, which indicates new growth opportunities "in one of the most important markets in the world." This means that RG games are available to UK providers via its Gibraltar subsidiary, which the group welcomes as “another milestone” in the group's continued growth strategy.

      Read full article
    • Leovegas goes live with new games studio blue guru games

      Gambling News

      LeoVegas Unveils New Game Development Studio Blue Guru GamesIvan Stefanovic08 May 2021

      LeoVegas has opened the curtain for Blue Guru Games, the group's game studio that will release its first games later this year. This is part of their strategy to further control the gaming industry's value chain, with games that will be created for LeoVegas. It is planned to release a minimum of 20 games over the next 2 years. From the very beginning, the company will have an experienced team in the game development sector.

      Read full article