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.
-
Read Full Article
Gambling News
California Delays Gambling Bill
State Senator Roderick Wright, Chairman of the Governmental Organization Committee, delayed a vote by his committee on his bill that will create a license and regulatory system for online gambling within the state of California. Instead of a vote on the bill, he decided to tell the committee about the progress of the bill and why California needs a bill to license and regulate online gambling. -
Read Full Article
Gambling News
Atlantic City Casinos Reject Intrastate Online Gambling
Everything was looking rosy for online gambling in New Jersey after the June 3 3-1 vote by the Senate State Government, Wagering, Tourism & Historic Preservation Committee to pass Senate bill S490 with very few amendments.Now, the very casinos that would most benefit from that very law, have announced through the Casino Association of New Jersey (CANJ), their trade organization, that they do not want the bill to pass. CANJ represents all eleven Atlantic City casinos.
-
Read Full Article
Gambling News
New Danish Gambling Law Goes Back To European Commission
Due to complaints from land based gambling companies, the new Danish gambling law is headed back to the European Commission for further review.The complaint from the land based gambling companies is that the tax provisions of the new law are unfair.This comes following reports that Danske Spil, the former state online gambling monopoly, would have to abandon it’s online poker b2b deal with the world’s leading listed online gaming company, Party gaming.
-
Read Full Article
Gambling News
Could Intrastate Gambling Be Coming?
Several states in the US have initiatives before their legislative bodies to allow intrastate gambling within the borders of their respective states. The states with lotteries may hold an edge in that department.
-
Read Full Article
Gambling News
Calls For Change in EU Gambling Laws
A very loud call has been made for the overhaul of the EU gambling laws after the EU Court of Justice (ECJ) ruled in a case that the Netherlands could block a bookmaker and a betting exchange from offering bets to Dutch citizens.
-
Read Full Article
Gambling News
Online Poker in France Challenged by Malta
The French law that would impose a 7.5 percent tax on online sports and horseracing wagers and a 2 percent levy on poker bets has met a last minute snag with the regulation on online poker in the form of a complaint filed by Malta.
-
Read Full Article
Gambling News
New Jersey Senate Committee Approves Online Gambling Via Atlantic City Casinos
The New Jersey Senate today took a stand to become the first state in the country to allow internet gambling within the state boundaries.
-
Read Full Article
Gambling News
France to Award 30 Licenses for Online Gambling
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders.
-
Read Full Article
Gambling News
California Voting Today on Legalizing Online Poker
California is in a financial bind. It is staring in the face of a $19 billion budget shortfall by the end of this fiscal year (2011).
-
Read Full Article
Gambling News
UIGEA Set To Go Into Effect Tuesday
UIGEA, the Unlawful Internet gambling Enforcement Act, goes into effect on Tuesday, leaving many players wondering just how it will affect the way they gamble online.UIGEA was passed back in 2006, and since then, many lawmakers have been learned much about internet gambling and have changed their stance concerning UIGEA.Under UIGEA’s provisions, the banks are charged with policing internet gambling.
-
Read Full Article
Gambling News
UIGEA Law Takes Effect June 1st: What it Means to Online Poker and Casino Deposits
Just how this is going to affect everyone that plays online is still in question. The Bankers say that they do not know how they are going to implement this law, since it is so unclear and will take away the privacy from their customers. We will have to wait and see just what does happen when this law goes into effect. ORLANDO, FL, May 27, 2010 /24-7PressRelease/ — The Unlawful Internet Gambling Enforcement Act looks to be on track to go into full effect on June 1, 2010.
-
Read Full Article
Gambling News
Neteller’s Name Used In Phishing Scam
One of the oldest and most respected online payment services companies in the online gaming industry, has been used by persons unknown for a phishing scam. Someone has tried to use Neteller’s name on the internet to phish out sensitive information on unsuspecting victims.Before 2006 and UIGEA, Neteller was one of the premier payment services companies servicing the American online gaming industry.
-
Read Full Article
Gambling News
The Great Debate: How To Tax Online Casinos?
If nothing else, the debate over whether or not to regulating online gambling, has a new, somewhat hurried, question. That question has changed from “do we really want this?” to “how can we best do this and get the greatest windfall?”. To get there from here is going to be testy. On Wednesday, the House Ways and Means Committee heard evidence, pro and con, on how to raise money from online gambling.
-
Read Full Article
Gambling News
US Land Based Casinos and Foreign Online Casino Operators Getting Friendly?
Foreign online casino operators, the historic enemy of the US land based casinos, are getting all friendly like towards the US casinos. The new turn of attitudes is likely based on the billions of dollars up for grabs if and when the US legalizes and regulates online gambling.
-
Read Full Article
Gambling News
House Committee Hears Tax Proposal on Online Gambling
The House Ways and Means Committee held a hearing today on the tax proposals related to Internet gambling. According to Ways & Means Committee Chairman Sander Levin (D-MI), this was not a hearing about the legality of online gambling but, “We meet today to explore the tax implication and proposals to legalize internet gambling.
-
Read Full Article
Gambling News
Microgaming Coming to State Lotteries through Betware
An agreement has been reached between Betware and Microgaming where as Betware will now be licensed to sell and market the Microgaming online casino games to lotteries at both the state and national level. Betware is a gaming and solution services vendor that started in 1996 and based in Iceland. It also has established regional offices in Denmark, Spain, Poland and Canada. The company boasts on its website it is “all a lottery or gaming company needs”.
-
Read Full Article
Gambling News
Congress To Alter US Online Gambling Laws?
On Wednesday, the House Ways and Means Committee will hear a proposal from Rep. Jim McDermott. His proposed legislation sets up a system to tax internet gambling.
-
Read Full Article
Gambling News
PPA Again Petitions To Have Poker Exempted From UIGEA
John Pappas, Executive Director of the Poker Players Alliance (PPA), has once again petitioned Treasury Secretary Tim Geithner and Federal Reserve Chairman Ben Bernanke in an effort to have poker exempted from UIGEA’s oversight. The petition is also signed by 22 members of Congress.
-
Read Full Article
Gambling News
Poker Player Alliance to Rally in Olympia
Lee Rousso, the Poker Players Alliance Washington State’s Director is trying to overturn a Washington State law that makes playing online poker a Class C felony; a Class C felony is equivalent to child pornography and heroin possession.
-
Read Full Article
Gambling News
Canadian Man Pleads Guilty in U.S. Online Gambling Charge
Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.
-
Read Full Article
Gambling News
Party Gaming Opens Offices in Los Angeles
For U.S. online poker players that remember the days when PartyPoker was the biggest online poker site, there may be a glimmer of light at the end of the tunnel. Party Gaming released its Q1 report last week showing gains in revenue of 27% and Chief Executive Jim Ryan said of the U.S. market,“We are seeing increased momentum towards regulating online poker. It’s possible that it could happen this year and we’re prepared if it does.”Party Gaming which dominated the U.S.
-
Read Full Article
Gambling News
Beverly Man Charged With Violating UIGEA
The United States justice Dept. today announced that Todd Lyons, of Beverly, MA, was charged with 36 counts of racketeering and related charges, for running an illegal gambling business in the United States but with the internet site in Antigua. Lyons is one of the first persons charged with violating the Unlawful Internet Gambling Enforcement Act (UIGEA).
-
Read Full Article
Gambling News
No More Online Gambling Barriers in Italy
Online gambling in Italy will now be less restrictive according to an announcement made by the European Commission. Before today, The Italian Olympic Committee (CONI) and the National Horse Breeders Enhancement Society (UNIRE) had the exclusive rights to sports betting and organizing online gambling. This meant not only could other European gambling operators not offer their services in Italy but even their websites were effectively blocked.
-
Read Full Article
Gambling News
Daniel Tzvetkoff Indicted By Grand Jury
Brisbane businessman Daniel Tzvetkoff, former CEO of gambling funds processor Intabill Inc., has been indicted by a federal grand jury. He now faces up to 75 years in prison and over $500 million in fines if convicted.
-
Read Full Article
Gambling News
Canada Pushing Legal Online Gambling
It seems like Canada is considering taking steps to get there part on the $30 billion global online gambling market. Though gambling online is legal in Canada, operating a gambling site in that country is not. Meeting at the Canadian Gaming Summit in Calgary this week, online gambling officials, including John FitzGerald, president of the Interactive Gaming Council are calling for a change.
-
Read Full Article
Gambling News
Banker Weighs In On UIGEA
Steve Kenneally, Vice President of the American Bankers Association, recently gave an interview where he spoke out against UIGEA. In the interview, he called the law ineffective and a costly piece of legislation. He stated that the banks will be able to enforce the law in most cases, but it will take time to implement. He went on to state that there are certain types of transactions that the banks will not be able to stop. One example would be wire transfers.
-
Read Full Article
Gambling News
Does Senator Harry Reid Want Online Gambling?
Rumor control has it that Senator Harry Reid (D-Nevada) is interested in presenting legislation to the U.S. Senate which would legalize online poker, and online poker only. These rumors, which have been around for a while now, have been picking up speed and momentum as of late.Reid represents the State of Nevada, which of course is the home state of Las Vegas, the gambling capitol of the U.S. As such, he has always been very protective of the great casinos there.
-
Read Full Article
Gambling News
Daniel Tzvetkoff Turned In By Online Poker Houses
Daniel Tzvetkoff traveled from Brisbane to Las Vegas for a ten day internet billing conference. He was arrested by U.S. authorities on Friday, charged with money laundering, money laundering conspiracy, gambling conspiracy and bank fraud conspiracy. If convicted on all charges, he faces up to 75 years in U.S. prisons.He will have a bail hearing on Wednesday. We will let you know how that goes.The U.S.
-
Read Full Article
Gambling News
Online Gambling Amendment Approved by Massachusetts House
Well give this state a BIG hand!!! Finally one that has come to their senses. Maybe this will lead to more and more doing the same. We can only hope! If we continue to let them know what we want and that is “our Rights”, it will change things. Hot off the press!! 14 April 2010 WASHINGTON, D.C.
-
Read Full Article
Gambling News
S.C. Set To Legalize Social Gambling
South Carolina is poised to repeal an 1802 law which made illegal any game using dice or cards. If enforced literally, it would make illegal many common family type games. House Majority Leader Kenny Bingham, stated: “When you can’t play Monopoly and Yahtzee, that’s a problem.
