• Gambling News

    • 03 May 2013

      PokerStars Says Atlantic Club Deal Not Over

      The Rational Group, parent company of PokerStars online poker, stated its intention to salvage the deal with the Atlantic Club Casino Hotel, even as the Atlantic Club announced on Wednesday that it is calling off the sale. Said company spokesperson Eric Hollrseiser in a statement, “The Rational Group is remains entirely committed to resolving this situation and to our investment in New Jersey.”

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    • 30 April 2013

      US-based Ultimate Poker Launches in Nevada

      UltimatePoker.com went live this morning at 9am Nevada time, after given the thumbs up from the state’s gaming authorities. While the launch is sending waves of reaction throughout the United States, its online poker games can only be played on computers and mobile devices located within the Nevada borders.“The technology was acquired and initially developed by a U.S.-based company with a completely clean regulatory profile,” said Tobin Prior, CEO of Ultimate Gaming in a Review Journal article.

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    • 25 April 2013

      Foxwoods Casino Owner Sinks Teeth into Online Gambling

      Foxwoods Resort Casino has announced plans to partner with the GameAccount Network to prepare for online gaming opportunities in the United States. Foxwoods, which is owned by the Mashantucket Pequot Tribe, is making the move for several reasons. Said the tribe in a statement, published in a Hartford Courant article:

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    • 24 April 2013

      Formula One Bids on Betfair; Betfair Rejects

      Betfair, an popular online gambling company, has just rejected a $1.4 billion takeover offer from CVC Capital Partners, the largest shareholder in Formula One motor racing. The reason? The offer consisted of too little money and too many strings attached. Analysts do not see the attempted takeover as a “knock-out bid”; rather than turn Betfair off to a possible buy-out, it may make them consider other options. It may also attract the attention of other, weightier buyers.

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    • 24 April 2013

      New York Senator Leads Charge Against Illegal Online Gambling

      New York State Senator Tim Kennedy believes the legalized online gambling in surrounding states could lead to increased levels of “illegal and predatory activities”, and he’s asked the New York State Gaming Commission, the NYSGC, to do something about it. “There are some websites that have lured customers into using their online casino platform,” stated Kennedy in a press release on his website.

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    • 22 April 2013

      Says NJ Treasurer: Online Gambling Could Net $1.2 Billion In First Year

      According to New Jersey Treasurer Andrew Sidamon-Eristoff, New Jersey’s Internet gambling revenues could reach $1.2 billion and bring in $180 million in tax revenues during its first full fiscal year (July 1, 2013-Jun 30, 2014).Some consider this estimate to be a bit optimistic, even if the numbers provided by a Wells Fargo senior analyst are strong. NJ lawmakers are as skeptical as they are hopeful that these reports are accurate.

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    • 20 April 2013

      Probability Hopeful For US Market

      As more and more states re-evaluate their stances on online gambling, international mobile gaming companies like Probability PLC are poised and ready for the US online gambling market. Probability PLC, for one, is in “advanced talks” with potential US partners to break into the American online gambling market, according to a Reuters article.

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    • 19 April 2013

      Station Casinos Poised to Offer Online Poker

      The Nevada Gaming Commission gave Station Casinos the thumbs up on Thursday to develop its online poker software for a Nevada launch.The gaming commission compared Station Casinos with other major licensed casinos, noting that the others were employing software created by other companies. Station Casinos, on the other hand, will be building its own, using the tools of Ultimate Gaming, a company it acquired as part of its rebuilding process.and operate its own Internet poker system in Nevada.

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    • 19 April 2013

      Hard Rock Puts Down Roots in Iowa.

      Sioux City, Iowa will soon be home to the newest Hard Rock Hotel and Casino, and some residents can’t wait to get their hands on the iconic t-shirts. In a 3-2 vote on Thursday, the Iowa Racing and Gaming Commission awarded a state gaming license to the developer of a Hard Rock-branded casino and hotel, an $118.5 million project, set in Sioux City’s historic downtown. The Battery Building, the chosen site the land-based casino, was originally built in 1906.

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    • 17 April 2013

      Full Tilt Poker Founder Pleads Guilty; Avoids Prison

      Raymond Bitar, Full Tilt Poker’s founder, pleaded guilty to accusations of taking online poker player funds to finance his once dominant online poker room. Part of a plea agreement between Bitar and prosecutors, Bitar pleaded guilty to two felonies, violating the Unlawful Internet Gambling Enforcement Act and conspiring to commit bank and wire fraud, that normally carry a 35-year prison sentence as maximum punishment.

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    • 03 April 2013

      Zynga Gambling with Poker

      Zynga announced today that it will launch two real-money gambling ventures in the United Kingdom on Wednesday: ZyngaPlusPoker and ZyngaPlusCasino. The move is in partnership with Bwin.party Digital Entertainment and will allow Zynga to create and gauge interest for future online betting products, like blackjack and roulette. Shares of the social media games giant bounded 8% higher after the news was released, which analysts say is a good sign.

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    • 18 March 2013

      Texas and Hold'em Reunited?

      Texas and Texas Hold’em could be rejoined in holy legislation once and for all, if Senator Leticia Van Der Putte has anything to do with it.Van Der Putte has proposed legislation that would see Texas automatically and fully opt-in to any future federal regulation regarding online poker.

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    • 18 March 2013

      888 Holdings Seeks to Create All American Poker Network

      According to iGaming Business, online gambling mega-operator 888 Holdings has established a joint venture with Avenue Capital Group, a global investment group, to create an online gambling offering in the United States, pending state or federal regulation. The All American Poker Network, the name of this joint-venture project, will provide its product wherever it will be legal to play online poker in the United States.

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    • 12 March 2013

      New Jersey could be a magnet for international gaming companies.

      Under the new online gambling law passed in New Jersey, Atlantic Cit casinos can offer Internet gambling on their own or partner with another company to provide the technological infrastructure, software, and expertise needed to operate an online gambling system. The gaming platform will also need to perform complex authentication and security measures to ensure all gamblers are of legal age and are playing within state lines.

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    • 12 March 2013

      PokerStars Fights AGA Allegations; Makes Own Accusations

      PokerStars came out swinging on Monday accusing the American Gaming Association of launching an anti-competitive campaign. The AGA threw the first punch last week when it submitted a brief to the Division of Gaming Enforcement and the Casino Control Commission stating it was opposed to PokerStars being given an interim casino authorization, something required for its potential purchase of a land-based casino in Atlantic City.

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    • 11 March 2013

      Online Gambling Catches the Attention of Congress Again

      The more states that pass their own online gambling legislation, the more likely a federal bill will come to pass says Joe Barton, a Republican senator from Texas who introduced a failed online poker bill in 2011. “I think the states’ passage gives some incentive to the federal government to act. Whether you’re for or against Internet gambling, you don’t want 50 sets of laws. You want uniformity.” Uniformity could come at a cost, some say.

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    • 08 March 2013

      Caesars v. PokerStars: A Battle for Online Poker

      Forget the poker faces, the battle of online gambling is live on the felt and cards are hitting the table. Only days old, the New Jersey online gambling legislation is still warm from the presses, and already it’s the source of contention between the US casino industry and foreign interests. Some say it started with the 26-page brief filed with the New Jersey Casino Control Commission and Division of Enforcement by lawyers representing the American Gaming Association.

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    • 27 February 2013

      Governor Christie Autographs NJ Online Gambling Bill

      It’s official: New Jersey is open for online gambling.After months of deliberation, negotiation, and compromise with the NJ Assembly and Senate, Governor Chris Christie signed a bill on Tuesday that makes online gambling in New Jersey absolutely legal within its borders.His decision to sign the bill was based on many factors, some of which were a complete reversal from his views two years ago when he vetoed a similar bill.

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    • 27 February 2013

      Zynga Aims For Social Gamblers

      The expression is: “If you can’t run with the big dogs, stay on the porch”. Social gaming icon, Zynga, is perfectly happy to do that. Instead entering the race for the existing hardcore gambling market in the United Kingdom, Zynga is ratcheting up its popular social gaming platform to allow for real money exchanges. This “social porch” may be right up Zynga’s alley.

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    • 27 February 2013

      Will California Be The Next State To Legalize Online Poker?

      Everyone seems to have an opinion about online poker these days. Some, as we’re hearing about in California, can even vote about it. Last Friday, Senator Lou Correa introduced Senate Bill 678, the latest effort to throw weight behind an online poker bill in California.

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    • 22 February 2013

      Nevada Beats New Jersey to the Punch in legalizing online gambling.

      If there was a race to legalize online gambling in the United States, Nevada may have just won it. Governor Brian Sandoval signed AB114 on Thursday, putting the final approval on legislation that legalizes online gambling in Nevada and allows the state to enter into compacts with other states for online poker. “This is an historic day for the great state of Nevada,” Sandoval said in a Washington Post article.

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    • 21 February 2013

      Federal Poker Bill May Still Be Breathing

      A comprehensive federal bill that legalizes online poker for any state wishing to include it might still have some strength left in it, at least that is what Frank Fahrenkopf believes. Fahrenkopf is the current president and CEO of the American Gaming Association, a lobbying agency that supports the gaming entertainment industry.At the age of 73, Fahrenkopf is scheduled to step down from his position on June 30th of this year after nearly 20 years at the helm.

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    • 21 February 2013

      Christie on iGaming Bill: "No Reason Not To Sign It Quickly"

      New Jersey could see signed Internet gaming legislation in as few as five days, if New Jersey Governor, Chris Christie, keeps his word.While Gov. Christie was in Lavallete, New Jersey on Tuesday he addressed questions regarding the online gaming bill. He went on to say that as long as the state Assembly and Senate approve a bill with his recommended changes to the legislation, “There’s no reason not to sign it quickly.

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    • 19 February 2013

      2013 WSOP Schedule Announced

      For those of you unfamiliar with WSOP, or for those who know it predominately as the World Series of Poker, this series of poker tournaments held annually in Las Vegas is in its 8th year running with Caesars Entertainment at the helm.

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    • 15 February 2013

      Nevada Politicians Ready To Make Money With Online Gambling

      It seems Nevada is ready to start making money with Internet gambling. At least if its politicians have anything to do with it. Majority Leader William Horne is pushing a bill through the Nevada Legislature that would double the online gaming license fee up to $1,000,000. While that point seems to be garnering the most press (and the most criticism), the bill also includes language that is otherwise very well received. The bill includes the following:

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    • 14 February 2013

      Stratosphere Launches Free Online Poker

      American Casino and Entertainment Properties, the owner of the Stratosphere and Arizona Charlie’s casinos in Las Vegas, have officially launched their own free-to-play online poker site, acePLAYpoker.com. This move is a common one performed by gaming companies in anticipation of legislation that will eventually allow real-money poker playing online. Once players register at the new online poker room, they can immediately start playing for real prizes.

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    • 14 February 2013

      New Jersey Lawmakers Push To Pass Online Gambling Bill

      Press of Atlantic City reports that lawmakers have fully incorporated all of Governor Chris Christie’s recommendations for an online gambling bill that is due to return to his desk by February 26th. While the New Jersey Senate is not scheduled to meet until March, its lawmakers are determined to move on the Internet Gambling Bill. A February 26th meeting would allow for a vote to be taken prior to a scheduled budget address by Gov. Christie.

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    • 14 February 2013

      Delaware: The First State of Online Gambling?

      Delaware hopes to take its First State status to a whole new level as it pushes to be the First State to offer online gambling.With Nevada only offering online poker licenses and New Jersey scrambling to pull together a bill that Governor Chris Christie will approve, Delaware is forging ahead, requesting proposals from vendors to operate the state’s centralized Internet gambling system. Those bidding on the project would have to guarantee everything would be up and running by September 30, 2013.

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    • 08 February 2013

      Gov. Christie Supports Internet Gambling in NJ With Few Changes To Bill

      New Jersey Governor Chris Christie issued a conditional veto on Thursday on the hot Internet Gambling bill for his state. In a press release, Governor Christie stated: “This bill represents an important policy decision for the residents of New Jersey, and a historic opportunity to continue the State’s leadership as a premiere destination for tourism and entertainment.

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    • 01 February 2013

      Three Days Left: Atlantic City Casino Union Urges Gov. Christie To Sign Online Gambling Bill

      Bob McDevitt, president of the Local 54 arm of Atlantic City’s largest casino union, UNITE HERE, is urging New Jersey Governor Chris Christie to sign the state’s proposed Internet Gambling law. According to its website, UNITE HERE is the largest union of gaming workers in the world, and represents 48% of employees in the commercial gaming industry throughout the United States, including the top three gambling companies, Harrah’s Entertainment, MGM Mirage, and Boyd Gaming.

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