Gambling News
Want to know what is going on in the gambling industry? We got the leading edge, delivering inside stories on land based and online casinos. Be in the know with local and international news that are making headlines.
Bringing awareness regarding new sites, properties, gaming software, licenses, merging, games, etc. is what we are all about.
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New Jersey Approves Mobile Betting at Racetracks
Horseracing fans in New Jersey will soon be able to give mobile wagering a standing ovation, and then sit right back down and make a bet at the tracks.Governor Chris Christie signed legislation on Monday that will allow New Jersey racetrack customers the ability to place bets using their smartphones and tablets. The bill aims to help the state’s horse racing industry in its goal to attract a younger, tech-immersed fan base. -
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Nebraska Gambling Proposal Seeks To Bolster Revenue
Nebraska may dominate Iowa in the ways of college football, but when it comes to their gambling money, Iowa is happy to take it and run. That all may change if a group of Nebraska senators get their way. This group, led by Senator Paul Schumacher, is introducing a bill that could allow gambling in the great state of Nebraska if approved by voters this November.
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Pennsylvania Senators and Governor could be at odds over online gambling
Some Pennsylvania senators are seeking clarification from Governor Tom Corbett regarding the Pennsylvania Lottery and the ability for its private-run firm to possibly compete with state casinos through online gambling. The Lottery contract with the private firm, Camelot Global Services, was finalized last week for a 20- to 30- year term. While the agreement prohibits video poker, video poker-like games, and video lottery terminals, it is less clear on Internet gaming.
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Bwin.party Wants Clarity on German Gambling
According to a Reuters article, bwin.party, the world’s largested listed online gambling conglomerate, is seeking clarification from the country of Germany as to why it is unable to compete in a fair and open market with local gaming operators. Bwin.party is one of 12 online gaming operators that won six-year licenses in December to operate online poker and online casino gaming in the state of Schleswig-Holstein.
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National Heads-Up Poker Tournament returns to NBC
It won’t be long before spring will be hitting the airways, and soon, thanks to NBC, so will televised poker tournaments. The NBC Sports Group announced it’s reviving its relationship with the National Heads-Up Poker Championship with the first episode scheduled to air on March 19, 2013. The National Heads-Up Poker Championship is a $20,000 buy-in, invitation-only tournament played as a series of one-on-one no limit Texas Hold’em.
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Nevada's Online Gaming Could Reach Out To Other States
A draft bill has been submitted to the Nevada Legislature that would make it possible for Nevada-based online poker domains to accept wagers from gamblers in other authorized states. The bill, officially named Assembly Bill 5, has been introduced in the Nevada General Assembly on behalf of the Nevada Gaming Control Board and Governor Brian Sandoval. Read the Nevada Intrastate Gambling Bill here as it was introduced.
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New Jersey Gambling Bill Awaits Governor's Autograph
The holiday is over, and the new year has begun, which opens a whole host of possibilities, including the opportunity for New Jersey to develop its own online gambling initiative. The bill that’s currently on the table, S1565, has passed overwhelmingly in the New Jersey houses is now on Governor Chris Christie’s desk, waiting for his final approval.
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Nevada Awards Online Poker License to Caesars
On Thursday, the Nevada Gaming Control Board approved Caesars Interactive Entertainment for as the 12th such company to be awarded online poker license. Caesars, the new face and persona of Harrah’s, will be partnering with European gambling powerhouse 888 Holdings to bring online poker to Nevada-based residents.
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New Jersey Votes YES to Online Gambling
Bill A2578, the official name of the proposed New Jersey legislation legalizing online casino gambling for its residents, has been passed by the state’s General Assembly.
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New Jersey Votes on Online Gaming Bill; Outcome a Gamble
According to an article on NorthJersey.com, New Jersey could be the first state in the US to offer online casino gambling–as long as its State Assembly and Governor Christie agree it’s a good move. The bill, sponsored by New Jersey Assemblymen Burzichelli, Prieto, and Ramos, would legalize nearly all forms of online gambling in New Jersey.
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Zynga launches Elite Slots; Could Be Real Money Lifeline
What could be better than a social media game that weaves a complex story element throughout? A social media story game that’s laced with online slot games. Today, Zynga announced its plans to release “Elite Slots”, which highlights role playing and mini game features as a players progress through the game’s various levels, treasures, and adventures.
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AGA Weighs In on Internet Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2012
Frank Fahrenkopf, president and CEO of the American Gaming Association, wrote a recent opinion piece on politico.com, pleading the case for federal regulation. This piece was a basic reiteration of what AGA has been proclaiming from their online rooftops since the first draft of the Reid-Kyl bill was leaked on the Internet. Looking at the proposed bill, there is more at stake than just whether or not states choose to participate in the federally regulated poker program.
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Discussion Revs Up Over Online Gambling Bill
Efforts heat up on all sides of the proposed Redi-Kyl online gambling bill this week as lobbyists from the North American Association of State and Provincial Lotteries and the National Association of Convenience Stores descend upon the capital. Says Bryan Preston of the PJ Tatler in his article, Harry Reid Launches Online Gambling Power Grab, “Sen.
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PokerStars Attempting To Regain Foothold in US
A month after resurrecting Full Tilt poker amidst several Herculean barriers, PokerStars is in the news again. News is surfacing that the online poker giant is in acquisition talks with the Atlantic Club casino. And just like that, PokerStars could be back in the United States. Writes a Forbes article: “Twenty months ago, PokerStars, the biggest online poker company in the world, essentially got kicked out of America. The U.S.
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Zynga Bets On Itself; Applies for Nevada Gaming License
Zynga, one of the world’s leading providers of social game services, has filed an application for an interactive gambling license with the state of Nevada. Zynga has previously entered into a partnership with bwin.party to offer real-money poker and casino games in the United Kingdom starting in 2014. The ability to pull those games into a US market could be just the lifeline the struggling company needs to pull itself out of turbulent waters. “The broader U.S.
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Is 3G Studios Courting Purchase Offers?
3G Studios, known for its work in mobile and online gaming, may be in talks with major slot and game makers regarding potential acquisition offers.
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American Gaming Presses Congress
In our last post, we talked about how the American Gaming Association is pushing for federally regulated online gaming by reaching out to the people who play (or would love to play) online.
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AGA Urges Online Poker Fans to be educated, active and heard
The American Gaming Association has made it clear that it supports Federal regulation for online gaming. The patchwork quilt that has so far defined our country in terms of its diversity and geography will not work with online gambling regulation.
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Dutch Casinos Up For Grabs
As part of the reforms promised by the Dutch coalition government, the Netherlands plans to offer its country-owned Holland Casino monopoly to the worldwide market and then legalize online gambling with hopes of increased competition, interest, and, of course, revenue. While the plan to sell is set, how the government will approach the sale is not. “It is unclear at this stage if it will be a sale or an initial public offering.
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Online Gambling: States Wager The Fed Will Fold
As we head into lame duck season, it seems less and less likely federal regulation of online gambling will make the cut on Capitol Hill’s already loaded docket. With the looming fiscal cliff and other heavily-weighted issues, it appears Congress has bigger fish to fry. Some states, meanwhile, refuse to sit on their hands.
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It's official: MGM Gets Online Poker License
MGM Resorts International and two other companies, Las Vegas-based Z4Poker LLC and Los Angeles-based CAMS LLC, were officially awarded licenses to compete in Nevada’s new intrastate online poker arena. This comes after they were given approval by the Gaming Control Board earlier this month. What’s next for MGM? In the coming months, MGM Resorts intends to fire up at play-for-fun poker room to drum up attention and a fan base.
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Atlantic City Can Go Mobile, But Will It?
Land-based casinos, in all of their enormous glory, have several things going for them. They nearly burst with electricity and excitement, delicious food and beverages, and gaming choices. Brick-and-mortar casinos are notorious megaplexes, designed to keep you in and keep you playing, no matter how many miles you may log in walking their interiors. The wallets of casino patrons may take a beating, but that’s nothing compared to what their feet are going through.
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iPoker Network Grows to Include Everest Poker and BetClic
Everest Poker has officially announced it has signed with Playtech software and will be joining the esteemed ranks of iPoker Network’s top tier. The BetClic Everest Group stated that two of its domains, EverestPoker.com and BetClic.com, will be taking advantage of Playtech’s casino and poker feature enhancements; its French online poker players will enjoy the improved rake structure created by the combined the player pool. Both parties seem very pleased with the deal.
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MGM Gets a Thumbs-Up for Online Licensure
On November 1, 2012, three more companies were recommended online licensure by Nevada’s Gaming Control Board: MGM Online LLC, Z4Poker LLC, and Cams LLC. Now that they have the Board’s recommendation, the next step is to hopefully join the 13 other gaming companies already in the ring.
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Forget Federal Regulation; States Finding Ways to Form Partnerships
Legalized gambling is regulated in 85 countries around the world and pulls in almost $35 billion in wagers, some of that from US players.
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Kentucky Governor Pushes To Expand Gambling
Governor Steve Beshear doesn’t beat about the bush. In a Kentucky.com article, he stated “I don’t think it’s any secret that expanded gaming is one of the issues that I think should be addressed by the people of this state. And I am hopeful that we may be able to get a constitutional amendment passed in the upcoming session.” Whether or not it happens will depend on several factors, including approval by Kentucky voters. Since Gov.
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Pinnacle Sports Implicated in Illegal Betting Ring; 25 indictments delivered
Twenty-five people across five states were arrested, and over $7.6 million in cash and chips were confiscated, on Wednesday and Thursday in connection with a $50 million bookmaking operation that may or may not directly involve Pinnacle Sports, a online sports betting site.
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Zynga Reports Greener Earnings; Eyes Greener Pastures
Zynga‘s stock jumped an impressive 15% in early trading activity on Thursday due to its announcement that it topped its previously lowered 3rd quarter outlook. Originally reforecasted as between $30 and $305 million, the “Farmville” creator posted a revenue of $317 million this quarter, making it a 3% year-over-year growth.
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William Hill Announces Playtech Buyout, Awaits Numbers.
Several months ago, it was speculated that William Hill PLC could–and probably should–buy out Playtech’s stake in their joint-venture company, William Hill Online. This week, William Hill announced it intended to do just that. Playtech currently owns 29% of the business it founded with William Hill PLC in 2008. At the time, Playtech paid $319.7 million and provided the venture with software platforms and technical solutions.
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South Point Poker: Now Hiring
When you are the first real-money online poker site to launch legally in the state of Nevada, there are a few things you’ll have to do before you open your doors. Take down your free-play online poker site, which you wisely launched a year in advance to create interest and player loyalty.
