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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Gambling News
US Gambling Takes Two Small Steps Forward
The last couple of weeks has seen the online gambling community take several setbacks on the chin. But the latest news is looking rosy for the online gamers. The first is that Rep. Barney Frank’s two bills, HR2266 and HR2267, are going to be heard in legislative hearings before the House Committee on Financial Services on April 16th. HR2266 is seeking to postpone implementation of the provisions of UIGEA for one year. -
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Gambling News
Not All Credit Card Abuse Is Gambling
Not all credit card abuse is gambling. A woman’s 12 year old son ran up a total of more than £900 in bills using his savings account and her credit card on, of all things, Face Book’s Farmville game. The tab on her credit card eventually ended up being £625.
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Gambling News
Online Gambling Bills To Be Heard Next Week
Rep. Barney Frank’s hard work is about to pay off. His online gambling bills, the Reasonable Prudence in Regulation Act (HR2266) and Internet Gambling Regulation, Consumer Protection and Enforcement Act (HR 2267), are to be heard by the House Committee on Financial Services on April 16. With the provisions of UIGEA set to be enforced starting June 1st, and no more extensions expected, it is a bit of good news for online gambling.
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Gambling News
New Online Gambling Laws Proposed for Massachusetts and New Hampshire
A new law proposed in the Massachusetts legislature, would allow more land based casinos while criminalizing online gambling and internet poker. The main reason for the bill is to get two new land based casinos licensed, at a cost of $100 million each. Also included in the bill are four new slot machine licenses worth $15 million each.Apparently, the writer of the bill wanted no ambiguity about it’s intent.
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Colorado Woman Thought She Won $42 Million
The Fortune Valley Casino in Central City, CO is the place where dreams can come true and life can become a fairytale. At least that’s what Louis Chavez of Denver, CO, thought until she hit the lucky one on that slot machine she was playing.
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Gambling News
New Legislation Introduced On Internet Gambling
This could mean a big difference in the passing of license and regulation internet gambling. This is from the Safe and Secure Internet Gambling Initiative! Rep.
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Gambling News
Gaming Lobby Open To Legalized Internet Gambling
The American Gaming Association (AGA) has released in a new policy statement that it is open to the idea of legalized internet gambling as long as the proper regulatory structure was enacted to protect consumers and the integrity of the game. However, while changing its stance on legalized internet gambling, it has still not endorsed any of the bills now before Congress.Internet gambling is estimated to be a $26 billion a year industry.AGA Chief Executive Officer Frqank fahrenkopf Jr.
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Gambling News
Macau May Reclaim Land From Casinos
Fernando Chui, Macau’s Chief Executive, stated in a public policy speech that the Special Administrative Region of China may take back land promised to casino operators and use it for “other development purposes”.Chui stated that the government would do everything in its power to reclaim land not being developed.
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Gambling News
BoDog Online Casino Gets Serious
BoDog Online Casino recently issued a press release which illustrates that BoDog is serious about growing in the online gaming community. While most online casinos add a game or two every couple of months or so, BoDog has announced that they will be adding twenty new games all at one time. BoDog, owned by Morris Mohawk gaming Group, is an American company which services players around the world.
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Gambling News
Race Intensifies to Legalize Sports Betting and Gambling
To the end that many states are struggling with the poor economy and are fighting to find new ways to pay for their existence and services, New Jersey passed State Resolution No. 19 on January 12, 2010.
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Gambling News
A Giant Step for Internet Gambling - Tax Reform Bill
Ron Wyden represents Oregon, a state where online gambling is illegal. He is coauthor of the bill. What does this mean for internet gambling? We will have to wait and see. But this is one big step! ST. LOUIS, Missouri (PRWEB) March 8, 2010 — The recent inclusion of Internet gambling regulations as provisions under a new tax reform bill in the Senate signifies an important–and necessary–step for the pro-online gambling movement in Washington, DC.
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Florida Wants Online Poker
Last Friday, Florida became the second state to file an intrastate egaming bill, when State Representative Joseph Abruzzo filed the Internet Poker Consumer Protection and revenue Generation Act of 2010. This submits plans for legal, intrastate online poker.Under provisions within UIGEA, the Unlawful Internet gambling Enforcement Act, states can authorize and regulate egaming within their borders.
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Gambling News
Grand Prive Controversy Continues
Recently, eCOGRA released its investigation of Grand Prive Affiliate’s Program closure.
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Virtue Fusion Purchased By Playtech
Software developer Playtech Limited has purchased the gambling platform provider Virtue Fusion Limited for an initial payment of £29 million. This amount will be subject to a set of agreed working capital adjustments. There will also be an additional payment of up to £7 million in the first quarter of 2011 based on the performance of Virtue Fusion during 2010.Virtue Fusion was founded in 1999 and has a peak player base of more than 6000 players.
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eCOGRA's Investigation of the Grand Prive Affiliate Program Report
This breaking news!!! 15 February 2010 – Following a number of Internet-based allegations concerning the closure of the Grand Privé Affiliate Program (‘the Program’) on 1 December 2008, eCOGRA’s Compliance and Advisory Services department was engaged by the management of the company on 17 November 2009.
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New Jersey State Senate Committee Approves Sports Wagering
On Monday, the New Jersey State Senate Committee on Government, Wagering, Tourism and Historic Preservation, approved a bill sponsored by Raymond Lesniak, calling for a referendum on sports wagering. The bill passed by a 4 – 0 margin.
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Gambling News
Are Terrorists Laundering Money Through Online Casinos?
UIGEA was first passed in 2006, after being snuck into the Safe Ports Act, with the supposed purpose of stopping terrorists from moving funds around by use of online casinos.
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Gambling News
Internet Gambling Proponents Gear Up For Battle
Fueled by millions of dollars from overseas gambling companies, and encouraged by the Obama administration’s delay in the enforcement of UIGEA, poker lobbyists are gearing up to for an all out fight to legalize internet gambling in the United States this year. Spearheaded by Rep.
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Gambling News
Gambling Lobbyists Working Overtime
BolaVerde Media Group (BVMG) recently released a new Internet Gambling Federal Lobbying report which estimates that $3.65 million was spent lobbying the U.S. government over online gambling during the third quarter of 2009. This was from both supporters and opponents.
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Gambling News
iMEGA Testifies Before NJ Gaming and Tourism Committee
A bill was introduced earlier this month by New Jersey State Senator Raymond Lesniak which would regulate and legalize intrastate internet gambling. The bill specifically mentions online poker.
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Gambling News
New Casino Software Displayed at IGE-ICEi
The recent IGE-ICEi trade exhibition in London was the background for several casino software providers to showcase their new goods. Buyers, as well as players, will have a lot to look forward to this year.IGT subsidiary WagerWorks, showcased it’s newly released dual online and land casino slot game Monty’s Millions. Also shown was a soon to be released slot game named Kitty Litter.
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Gambling News
Gambling Debate Holds up Treasury Appointments
The fight is on in Washington D.C. four Presidential appointments for Treasury Dept.
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Gambling News
PartyGaming Admits to Merger Talks
After much speculation, PartyGaming, the online poker company, has admitted to being in talks with Bwin, a rival Austrian sports betting company, about a possible merger. Such a merger could be worth more than L2 billion.
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Gambling News
Kentucky Gambling Bill Killed by Senate
The Kentucky State Senate failed to pass legislation requiring a constitutional amendment on any expansion of gambling in the state. The vote was along strict party lines.
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Gambling News
32Red Casino has Been Acquired by Nedplay
This is an interesting turn of events. We hope that it works out for all involved. (Free-Press-Release.com) January 21, 2010 — 32Red is today pleased to announce that Nedplay casino becomes part of the award-winning gaming operator’s group of casinos.
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Gambling News
IGaming Community Called to Aid Haiti by Calvin Ayre
I think this is fantastic!!! A big KUDDOS to all that participate!!! We need more people like this, what a better world it would be. LONDON, England — (PRESS RELEASE) — No one watching the news in the past week could have ignored the cries and pleas for help coming from one of the poorest countries in the western hemisphere – Haiti.
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Gambling News
GTECH G2 Side Games Launched by Virgin Casino
Here is some of your favorite land based casino games now online, like Bar X Majic 7 and more. 18-01-2010 (Stockholm, Sweden) – Virgin Casino has added four more games from the GTECH G2 side games portfolio. The Electrocoin Bar X Magic launched at the popular UK casino several weeks ago and now four more proven popular games have been added: Triple Chance Hi Lo, Casino Dice, Spin Win, Aces High, Bingo Keno Extreme.
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Controversy with Harry Reid Could Change Online Gambling in the US
If the GOP has their way and force the resignation of Senator Harry Reid of Nevada, regulated online gambling may be one step closer to reality. Senator Reid has fought hard to keep online gambling illegal, in order to protect the gaming interests of his home state of Nevada. If he were no longer in Washington, many believe Rep. Barney Frank’s proposal for regulated internet gambling would have a much better chance of passage.
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Gambling News
Legalizing Internet Gambling Bill for New Jersey
The State of New Jersey may be joining the squabble over legalizing internet gaming. State Senator Raymond Lesniak has introduced bill S3167, which would make it legal to play and bet on the games of poker, roulette, baccarat, mini baccarat, craps, blackjack, slots, pai gow, red dog, and sic bo.
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Gambling News
Haiti Relief Poker Tournament by Doyles Room Online Poker
Attention all online poker players. Want to help the cause in Haiti and still player poker? Then have we got the perfect deal for you. DoylesRoom.com is giving all of its proceeds from this Wednesday’s $50,000 Bounty tournament to a relief organization. In addition, it is going to match all bounty money won and will add additional funds to help the relief work in Haiti. That is a potential total of $50,000 to be donated to the Haiti relief efforts.
