Not Everyone Sure Online Gambling is Safe
09 December 2011
Nevada and in particularly Las Vegas is pushing to regulate online gambling either within the state or on a national level. Many U.S. land based casinos are already making partnerships with online gambling companies to get ready for what they hope is the inevitable passing of some kind of U.S. regulations.
Not everyone however seems to be on the online gambling bandwagon. Sheldon Adelson, chief of the industry’s largest publicly traded company, says he opposes online gambling because he doesn’t think the software available can keep under age people from gambling.
A company spokesperson confirms however this is a personal stance from Adelson and not a formal stance from the company and its worldwide resorts in Las Vegas, Macau, Singapore and Bethlehem, Pa. Other industry companies like the Caesars Entertainment Corp. and MGM Resorts International have openly backed the push to legalize online poker.
Adelson shared his view with Frank Fahrenkopf, CEO of the American Gaming Association. Fahrenkopf said in a statement:
“Sheldon has long had concerns about this issue, and it is perfectly within his right to make this decision. However, the AGA, at the direction of our board of directors, will continue to support federal legislation to allow states to license and regulate online poker.”
Though there is not a real consensus among the top casino industry but their top lobbyist has taken a step away from neutral and are now actively trying to lobby for federal legislation that would regulate online gambling or at least online poker.
24 February 2017Mexico Welcomes Net Entertainment Through Codere Deal
Codere is a company that operates online casinos in a few different regulated markets. These markets include Italy, Mexico and Spain. They have partnered with Net Entertainment in the past to provide content for their casino sites, and a new deal between these two companies has led to NetEnt's official launch into Mexican territory. Entering Mexico Online gambling is regulated in Mexico, and this is a big part of the reason why Net Entertainment has decided to enter.Read full article
01 February 2017US Attorney General Pick Sessions May "Revisit" Online Gambling
One of the most important pieces of legalese that has come down in the United States for online gambling in the United States was a 2011 opinion about the Wire Act of 1961. The Wire Act was previously used as evidence that online gambling is illegal in the United States (and is the other major US law affecting online gambling from the UIGEA).Read full article
10 January 2017Virtual Reality Online Casinos in 2017
If you go back a couple of years, Microgaming was the first company to present a virtual reality casino game that included current technology. It was a roulette game shown at industry trade shows, and it got a tremendous reception. A lot of players thought that smartwatch apps were going to be the next big thing for the online casino industry, but instead, it's virtual reality, or VR for short. How VR Online Casinos Work There are two main components of a virtual reality casino.Read full article