Oregon Rep. Changes Stand On Online Gambling
21 May 2010
Oregon Representative Earl Blumenauer issued a statement after Wednesday’s Ways and Means Committee hearing on Jim McDermott’s bill, stating that he was wrong to oppose online gambling and that he had learned that it was hypocritical to oppose it. He also cited the continual need for good sources of revenue. He said he no longer wished to restrict United States citizens from playing at online casinos.
The statement further said that it was unreasonable to outlaw online poker and casino play, yet allow lotteries, horse racing, and fantasy sports betting.
Blumenauer supported UIGEA in 2006 but now states that he feels he made a mistake. He now feels that the US should regulate online gambling and use it to create a very large source of revenue that the government is in need of. Estimates of the amount of revenue the US can raise over a decade through taxation of online gambling, run as high as $42 billion.
17 June 2010Virgin Group Setting Up New Game Site
Feel like a little online wagering? Feel like doing it all in the United States? Relax… the chance is here. Virgin Gaming, is announcing on Tuesday, at the E3 video game industry show, that it will be offering video gamers online, a chance to go head to head against others players online and win large cash prizes. To get around the US laws against gambling, they have to make sure that they label their games and games of skill and not chance. That way, it is not gambling.Read full article
16 June 2010Atlantic 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
13 June 2010New 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