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.
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Hawaii Looking at Online Poker Tournaments
There is another state now looking at a possible online poker bill, Hawaii. This bill is different than others making the rounds in California, Florida, Iowa and New Jersey, this bill will include Texas Hold ‘em and Omaha varieties of poker only in tournament style. This is not an attempt to open casinos or start a lottery and it gets around the states anti-gambling law by defining poker as a game of skill. -
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Russia Raids Online Casino
Russia seems to be taking the hard line with its new anti-online gambling law. The Russian Interior Ministry Police has been cranking down on all gambling but recently raided one of the prolific online gambling operations running within the country. Though no specific name has officially been released, all information coming from the raid seems to point to the Goldfishka Casino powered by Microgaming.
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eCogra Under New Management
For those who may not know, eCogra is a company set up by 3 online gaming software companies to help players who gamble online and to also test software program’s used by online casino to ensure there integrity. Microgaming, 888 and Bwin are the three major owners of the eCogra and have always claimed fairness in their audits and approvals of all online gambling sites.
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Wynn Resorts Backs Nevada Online Poker Bill
Looks like the lines are being drawn in the sand in Las Vegas. Shortly after Michael Gaughan broke ranks with other casino owners and announced his support for the Assembly Bill 258, Nevada’s attempt to legalize online poker, the Wynn has now also stated its support. Assembly Bill 258 is also backed by the online site PokerStars which is the most trafficked online poker site in the world. Now Wynn Resorts Ltd.
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South Point Owner in Favor of Nevada Online Gambling
It doesn’t look like the entire famed Vegas Strip casino owners are against the proposed online poker bill (Bill 258) in Nevada. Proponents of the bill got another endorsement for the bill and this one came from South Point Hotel and Casino owner Michael Gaughan.
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Iowan Governor Weighs in on Online Gambling Bill
As the Iowa bill to legalize online gambling within their state goes from a Senate committee to the floor to be possibly voted on, Governor Terry Branstad was asked Monday what he stance is on the bill.
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U.S. Online Gambling Legislation Introduced
The Internet Gambling Regulation, Consumer Protection, and Enforcement Act was introduced in the House yesterday. This bill is identical to the one that Congress Barney Frank got passed out of the House Financial Services Committee last summer but never got to the House for debate with one difference.
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Big Opposition to Nevada Online Gambling Bill
As expected, some pretty big opposition has stepped forward to try and defeat the Nevada online gambling bill that is now trying to make its way through the Nevada Congress. Some of the biggest and most powerful casino companies have lined up against the bill which now looks to go in the direction of all the other recent attempts, defeated or just loss in debate.MGM Resorts International and Caesars Entertainment Corp. have come out against the proposal.
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TwinSpires Spurs Growth of Churchill Down
Churchill Downs, the race track and gambling company based in Louisville released its fourth quarter results today and showed that it is shifting away from horseracing and there online gambling site Is leading the way.Though results for the quarter were a net loss but it was sufficiently smaller than the same quarter year to date. Net earnings were down for the year by 3% and earnings from racing operations were flat for the year.
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Nevada Trying to Regulate U.S. Online Poker
Now it is Nevada’s turn. BDR 41-657 is the name of the bill that was proposed yesterday in the Nevada State Assembly that would legalize online poker. Majority Whip William Horne (D-Las Vegas) introduced the bill which has the support of former Speaker and current lobbyist for PokerStars, Richard Perkins. The bill does have some of the same qualities of the bills in New Jersey, Florida, California and Iowa but with one glaring omission.
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Caesars Entertainment and 888 Holding Make Deal
The Nevada Gaming Control Board approved a business relationship between Caesar’s Entertainment Corp. and Cassava Enterprises (Gibraltar) Ltd. and Fordart Ltd.,which are subsidiaries of 888 Holding Company LLC. This is only the second time an approval has been given under the state’s foreign gaming statutes.
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Wall Street Journal Asks Should Web Gambling be Legalized?
There has been a poll put up on the Wall Street Journal community board that asks a pretty basic question: Should web gambling be legalized? This is not the first time the WSJ has posed such a question on its boards and the results as of this article are overwhelmingly in favor. This is not a formal poll by any means and as of today just shows 358 total votes but 78.2% of those voting favor legalizing online gambling.
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Online Gambling in New Jersey Vetoed
“If the Legislature believes that expanding gambling outside of Atlantic City is in the best interests of the State of New Jersey, it should place the question on the ballot for the voters to decide.” That is the message offered by Governor Christie as he vetoed the online gambling bill in New Jersey. Gov. Christie also echoed in his message what others have said he was concerned about as well and that was the State Constitution.
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State Online Gambling Update
There is a lot happening across the United States lately concerning regulated online gambling. There are currently 4 states in varying progress considering legalizing intrastate online poker. The one closest to making this a reality is New Jersey. Today is the day for Governor Christie to act or not act on an intrastate online poker bill that has been lying on his desk since January.
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Add Iowa to List on Online Poker Interest
It seems for online poker players in the United States, California, New Jersey and Florida would be a good place to live. No, they haven’t technically passed anything as of yet but at least they are in talks which puts them ahead of all the others. Now however there is another state where online poker players could enjoy…Iowa.Iowa is now considering legislation to allow for intestate online poker.
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California Nations Indian Gaming Association Endorses Online Poker Bill
California Democratic Sen. Lou Correa Senate Bill 40 that is trying to legalize Internet gambling within the state got another major endorsement this week from the California Nations Indian Gaming Association (CNIGA). The main reason cited for the endorsement over other bills currently being looked at is that Correa’s is specific to online poker.This is the first time that CNIGA has endorsed any bill looking to regulate online gambling in California.
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Online Gambling in New Jersey Coming Down to the Wire
It is coming down to the wire for Governor Christie to act on the internet gambling bill that is still lying on his desk. The bill was passed by the New Jersey legislature on January 10th with a feeling of that it was a safe bet to get passed the Governor’s desk and help the state increase its revenue.That is not been the case. Now it seems the New Jersey Governor may not sign the bill into law.
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Hope for Federal Online Gambling Law?
For all of those that think the recent elections may have destroyed any hope of a federal government law regulating online gambling may have to rethink their position if rumors become a reality later this year.
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PlayNow.com Security Investigation Complete
The investigation into the Canadian online gambling site PlayNow.com by the B.C. Information and Privacy Commissioner Elizabeth Denham has concluded and said that the site had not taken sufficient steps to protect its player’s privacy when it launched July 15th. The PlayNow site was shut down within hours of its initial launch. It was said at the time that it was a server overload but later the B.C.
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Payment Processing Inc. Facing Federal Charges
There is another payment processor being charged by the federal government for allegedly sending $44 million in winnings to bettors all across the United States. Company officials of Payment Processing Inc. are now facing charges of operating an illegal gambling business, transmission of wagers and international money laundering.There are six people named as defendants in the case that was investigated by the IRS’s Criminal Investigations Division and the U.S. Postal Inspection Service.
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ECOGRA Issues Two More Safe and Fair Seals
It was seven years ago that competitors in the online gambling industry got together and founded the eCommerce and Online Gaming Regulation and Assurance (eCOGRA) to improve both players protection online and operational standards of the online companies themselves.
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Still Waiting on Online Gambling in New Jersey
Two bills down in New Jersey but there is still one glaring exception, the Internet Gambling Bill that is still sitting unsigned by Governor Christie. Though nothing has been said throughout the process, the fact that it has remained on the Govermors desk can only beg the question, does he support the online gambling bill?Gov. Christie has signed into law A-2926 and S-2229 which legalizes exchange betting and pari-mutuel wagering.
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2010 Online Dispute Stats from eCOGRA
In 2003 the eCommerce and Online Gaming Regulation and Assurance (eCOGRA) was founded by competing online gambling companies with its main objective to improve the quality of play for online players and maintain a standard of operation for the gambling sites and by complying with these standards a site can eCOGRA Safe and Fair seal. Recently eCOGRA has released its 2010 statistics on disputes that involve their accredited online gambling sites.
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Florida Senator Portilla's: Internet Poker Consumer Protection and Revenue Generation Act
It looks like Florida is becoming more serious about passing an online gambling law within its borders through the use of pari-mutuels.
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Nevada Board Reaches Online Gambling Agreement
With New Jersey just a signature away from intrastate online gambling, California has been trying to get something approved over the last two legislative sessions and Florida now looking closely again at regulating online gambling, it seems the states are now doing what the federal government will not…take advantage of the billions in online gambling revenue that is going to off shore gambling sites.
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eWalletXpress Has Money Seized
In mid-November, we had a story about a rumored Federal warrant against eWalletXpress and possible seizure of money.
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Florida Looking at Online Poker
Vegas style casinos in Florida? Some legislators in the state can see that happening in a few years. Some legislators however, like Rep. Joseph Abruzzo, think that there are better ways to increase revenue within the state now instead of later. Abruzzo is currently a sponsor of a bill that will allow online poker portals within the horse and dog tracks and jai-alai frontons in Florida.
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Changes Coming for U.K. Online Gambling Advertising
It was 2005 when the UK relaxed it laws towards online gambling. The Gambling Act of 2005 laid out new set of rules for gambling in the UK both on and offline. This Act also set the rules for who may get a license to operate online gambling within the country and how they could advertise.Though the law didn’t give much resistance to who could get a license it did state that nobody may advertise foreign gambling other than a lottery in the U.K.
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New Jersey's Online Gambling Bill Gets Praises
The advocate group Safe and Secure Internet Gambling Initiative issue a press release in which it applauds the state of New Jersey for its recent approval of intrastate online gambling. Though it has passed the both legislative branches in the state it still has one more hurdle before it becomes law, the Governor Christie has to sign it.
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New Jersey Online Gambling Legislation Passes
It’s official! New Jersey becomes the first state to approve an online gambling bill within its state borders. The Assembly vote as well as the Senate vote was close to unanimous with votes of 63-11 and 34-2 respectively. This bill allows for online poker as well as popular casino games to be played online in New Jersey. Supporters of the bill are excited that New Jersey will be the first state in a position to grab a piece of the online gambling market in the U.S.
