05 December 2011Commission Study Shows $60m in Online Poker Revenues in Iowa
A new study in Iowa by the Racing and Gaming Commission projects if lawmakers choose to legalize online poker within the state, operators could make between $13-60 million dollars a year. The report goes on to say that if poker operators would be levied the same tax level that is currently being levied to most of the state-licensed riverboats and racetrack-casinos that the state gambling revenue would increase $3 million and $13 million annually.Read full article
03 December 2011Bodog Debuts Anonymous Poker Tables
Bodog Poker’s new software creates a new realm of online poker with a whole host of new features, including their revolutionary anonymous online poker tables now featured site-wide. Bodog’s own Jonas Odman emphasizes these measures as necessary to create fair and fun environment for players of all levels. “We’ve shown before that we are not afraid of controversy by changing the way rakeback was viewed and starting to black data mining sites,” says Odman.Read full article
30 November 2011Online Gambling Will Miss Barney Frank
One of online gambling’s biggest supporters has announced he will not seek another term in office. Rep. Barney Frank (D-MA) announced that he will not seek reelection in 2012.In 2006, Congress passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in a last moment add-on to must pass legislation. This angered Rep. Frank and ever since he has fought for online gambling and has sponsoring of several pieces of legislation to legalize and regulate online gaming in the United States.Read full article
29 November 2011Online Gambling Companies Complain to EU over Greek Law
A complaint has been filed by online gambling companies with the European Union (EU) regulators against the new Greek revenue-raising law. The new law, according to the complaint would hinder betting firms who would want to start services in Greece.The European Gaming and Betting Association which represents some of the big names in online gambling including Bwin.Read full article
19 November 2011DOJ May Have Deal in Place For Sale of Full Tilt Poker
According to a Thursday article on CNNMoney, a deal was reached between Groupe Bernard Tapie (GBT) and the US Department of Justice. The article claimed that this deal was brokered by the DOJ and cleared the way for GBT to purchase Full Tilt Poker. The article however was taken down quickly after it was put up.An article on CBS news however has also posted an AP story that also claims that a preliminary agreement has been reached with prosecutors.Read full article
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17 November 2011European Parliament Agreed on Online Gambling Resolution
Back in October, the European Parliament’s internal market committee adopted a resolution on online gambling. At the time Clive Hawkswood, Remote Gambling Association chief executive committed that“The most important questions are whether these recommendations will lead to any concrete action and, if so, when.Read full article
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14 November 2011More Online Gambling Meetings Scheduled This Week in Congress
With one online gambling Congressional meeting done, a house panel plans to look deeper into the issue starting this week. The issue at hand is internet gambling and the efforts to legalize online poker.The Subcommittee on Commerce, Manufacturing and Trade has set a hearing Nov. 18th according to officials, there has not been a list of speakers released as of yet.The last subcommittee session last month talked about legalizing, regulating, and taxing online poker.Read full article
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08 November 2011Gaming Policy Committee Revived in Nevada
“I hope to sketch a new road map for the journey ahead.” That is what Brian Sandoval, Governor of Nevada said as he announced that he will be reviving the Gaming Policy Committee at the State Bar of Nevada’s Gaming Law Conference. The committee is made up of 11 members and their discussions could eventually lead to the making of policy, decisions, regulations and legislation of the gaming industry in Nevada.Read full article
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02 November 2011MGM Resorts Announces Alliance with Bwin.Party Digital Entertainment
With billions on the line, people like Donald Trump and the major casino companies are rushing to get into the right position to take advantage of if and when the United States regulates online gambling. The MGM Resorts announced this week their poker alliance with Bwin.Party Digital Entertainment, the company that owns Party Poker, the second largest online poker service worldwide and the World Poker Tour. Jim Murren, chief of MGM Resorts said in a statement; “MGM is proud to have bwin.Read full article
31 October 2011German Online Gambling Proposal Criticized
The rules for online gambling in Germany are changing and though it seems that Germany is relaxing its grip a little, it is not far enough according to the Remote Gambling Association (RGA) and some of Europe’s largest online gambling operators. Currently 15 of the 16 German States have a adopted a policy that will follow the French model that taxes all bets at 5%, far lower than the originally planned 16.67%. The total allowed licenses will also increase from the current 7 to twenty.Read full article
25 October 2011Internet Gambling: Is there a fair bet?
Internet Gambling: Is there a fair bet? – That was the name of the hearing today by the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trades. Hopefully this was another step towards regulating and legalizing online gambling in the United States. Some like Poker Players Alliance chairman and former Sen. Alfonso D’Amato (R-N.Y.) say it is inevitable. “The status quo is badly broken and benefits no one,” D’Amato said.Read full article
24 October 2011Donald Trump Looking for Legal Online Gambling in U.S.
What is the worst thing that anyone could do to Donald Trump…take money out his pockets and according to him that is exactly what is happening. It seems Mr. Trump, founder of a casino company in Atlantic City, says it’s time for the United Stated to take steps to approve online gambling. His company, Trump Entertainment Resorts, is making plans to be ready as soon as it happens by establishing its own online betting venue.Read full article
21 October 2011SubCommittee to Look at Online Gambling in U.S.
For U.S. online gamblers, it looks like the time is coming to make their case before Congress. Tuesday the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade has scheduled a hearing on U.S. online gambling. The panel will most likely be discussing the legislation introduced by Reps. Joe Barton, R-Texas, and Barney Frank, D-Mass but not specifically on online poker. Rep.Read full article
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19 October 2011IPhone Betting App Approved
A company executive for American Wagering Inc. said last week that their application for allowing sports wagering from IPhones has been approved by the Nevada Gaming Control Board. This would make American Wagering d.b.a. Leroy’s Horse and Sports Place Inc. the first gaming company in the U.S. to have a free sports application in the iTunes store.Read full article
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12 October 2011Free U.S. Poker at Calshark.com
California is not being left behind Las Vegas in launching their free online poker sites. The groups that want make online gambling in legal in California hope that this will show lawmakers how popular this idea will be.Like other states, California’s bid to become the first state to allow online gambling within its borders stalled this year. Proponents though are already looking towards January to renew their efforts.Read full article
10 October 2011Aristocrat Announces Launch of Online Gaming Solution
It looks like Aristocrat will be the muscle behind some U.S. casinos who are starting to launch free online casinos in the United States. In a press release today, Aristocrat announced that the first casinos to launch the new platform will be the soon to be opened Maryland Live! Casino in Arundel Mills, Maryland, and Island Resort & Casino in Harris, Michigan.Read full article
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05 October 2011American Gaming Association Calls for New Regulations
In an industry conference in Las Vegas, Chief Executive Frank Fahrenkopf of the American Gaming Association said he would like Congress to table all the current proposals in front of them and pass an all new regulation that would allow states to decide whether to all online gambling.There is an estimated $6 billion at stake and according to Fahrenkopf, “We’re perhaps closer to federal legislation than we’ve ever been. There’s a buzz in Washington about the need for action.Read full article
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03 October 2011Bernard Tapie to Buy Full Tilt Poker
It seems that losing their license has not ruined the investor Groupe Bernard Tapie from agreeing to buy the struggling Full Tilt Poker. The French investor as also agreed to pay back the over $300 million owed to players there. There are conditions however and one is that the company resolves its problem with the DOJ. Bernard Tapie is a former government minister, sports tycoon and actor and the Groupe is an investment firm that once owned Adidas in the 90’s.Read full article
30 September 2011AGCC Revokes Full Tilt License
The colossal fall from one of the largest online poker rooms to being accused of by U.S. prosecutors as being a “global Ponzi scheme” is now complete. Earlier this summer it had its French license revoked and this week, Alderney Gambling Control Commission (AGCC) in the Channel Islands has also revoked its license.Read full article
29 September 2011Paddy Power Looking for Nevada License
If everything goes as planned in Nevada, there is an online gambling company based in Ireland that is trying to be the first European gaming operator licensed in the state. Paddy Power is looking to get approval from the Nevada gaming regulators for a license as a manufacturer and operator of mobile gaming devices. They already operate online gambling sites in Australia and across Europe. Paddy Power sites has never excepted U.Read full article