Donald Trump Looking for Legal Online Gambling in U.S.
24 October 2011
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.
His company is close to selecting a joint venture partner to help them run an online gambling operation and hopes it will be sitting on the ground floor ready to launch as soon as online gambling is legalized in the United States.
Trump said that having the best brand is the key to a successful online gambling site and that “We think we have the hottest brand there is, the Trump brand, my personal brand, we think it’s going to do phenomenally well.”
The company’s CEO Robert Griffin had this to say not only about online gambling but also about the resent set back in New Jersey concerning regulating online gambling;
“Currently, millions of Americans engage in online gaming with illegal offshore operators, and do so with no oversight, no regulation or no consumer protections. It makes sense for the state of New Jersey to regulate this activity, enforce strict standards to ensure games are fair and safe, and in turn be able to collect tax revenue instead of having those dollars and the jobs they support leaving New Jersey and going illegally overseas.”
10 May 2010Party 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
26 December 2011U.S. Department of Justice Reverses Stance on Online Gambling
Merry Christmas U.S. online gambling!! Last week, right before the Christmas holiday was to begin, U.S. online gamblers got the best present of all. The Department of Justice had changed its stance and is now stating the Wire Act of 1961 only applies to sports betting. Back in July, Senators Harry Reid and Jon Kyl as well as Illinois and New York ask the DoJ to clarify its position regarding online gambling and poker in regards to the Wire Act.Read full article
10 January 2012Whats Next for Online Gambling in the U.S.?
According to Mark Lipparelli, chairman of the Nevada Gaming Control Board, there is one question every state will be asking its Attorney General…”Tell us what this opinion means.” The opinion, of course, is the recent reversal by the Department of Justice and online gambling. Now California, Illinois, Iowa, New York and New Jersey are other states are trying to get a piece of the estimated $4 billion that Americans spend every year on online gambling.Read full article