Virgin Group Setting Up New Game Site
17 June 2010
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.
The players place sums, or better described as “transactions” or “challenges” against each other and not the house. The house makes it’s money by charging a “fee” against the winnings.
Could be interesting. Read the full story here.
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
09 June 2010Harrah’s Pushing For Internet Gambling Regulation
It has been disclosed that Harrah’s has hired the lobbying firm Capital Counsel, a self described “full service, bipartisan government relations firm providing political analysis, strategic advice, and advocacy services”.Harrah’s has hired Capitol Counsel for the purposes of lobbying congress on matters relating to gambling and taxation.Read full article