Gambling News

  • 15 January 2012

    IGT Buys Online Gaming Double Down Interactive

    Though there seems to be no big moves so far federally since the DoJ reversal of opinion on the wire act, some states like Nevada are moving fast to get an infrastructure in place to handle the wave on online gambling players.So it only makes since that companies within the state of Nevada are getting in line as well to take advantage. Slot machine make International Game Technology (IGT), based in Nevada, is one of the companies.

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  • 10 January 2012

    Whats 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.

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  • 04 January 2012

    Calvin Ayre's Predictions for Online Gambling in 2012

    What’s in store for 2012 and online gambling? Most would say based on what happened previously that no one could really know what to expect. Calvin Ayre, founder of Bodog.com however thinks he may have the answer. In a press release earlier, here is his predictions for online gambling in 2012 according to Mr. Ayre.

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  • 02 January 2012

    New Jersey Taking Last Shot at Online Gambling

    State Sen. Raymond Lesniak wants one more chance. On the heels of the U.S. Department of Justice clarification that in-state online gambling will not violate the current Wire Act, Lesniak is pushing for a bill legalizing online gambling in his state of New Jersey.His goal is to have a bill on Governor Chris Christie’s desk as early as next week. He wants to New Jersey to take advantage of this new ruling quickly and become the national leader in online gambling.

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  • 29 December 2011

    Top Online Gambling Stories of 2011

    From losing processors, federal indictments and opinions reversed, it has been and interesting year in online gambling. Here is a list of what we think are the top ten stories of 2012.10 – eWalletXpress Has Money Seized – Turns out that this was more than a rumor.9 – eCogra Under New Management – eCogra is no longer owned by online gambling companies.8 – Online Gambling in New Jersey Vetoed – There were many attempts by states to pass online gambling laws, this one came the closest.7 – U.S.

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  • 26 December 2011

    U.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.

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  • 23 December 2011

    Nevada Approves Online Poker Regulations

    To some this may be a case of “here we go again.” Nevada however is trying to position itself to be an important cog if the U.S. takes the leap and legalizes online gambling. As the debate is growing in Congress, Nevada voted to become the first state to allow online poker. Thursday, Nevada approved rules that would allow companies to apply for licenses to operate a poker website in Nevada.

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  • 20 December 2011

    Absolute Poker Co-Owner Pleads Guilty

    There has been a plea from one of the three online poker companies following last Aprils U.S. federal indictments. Brent Beckley, co-owner of Absolute Poker, pleaded guilty today in a Manhattan Federal court. The charges were conspiracy to commit bank fraud and wire fraud as well as conspiracy to violate an Internet gambling law. All related to the deception of U.S. banks over processing online gambling proceeds.

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  • 15 December 2011

    Bodog.eu is Now Brovada.lv and Accepts US Poker Players Online

    In July a major announcement was made by Bodog Poker to leave the U.S. market. The announcement was made not long after the DoJ’s handing down of indictments to the major U.S. facing online poker sites. Today, Bodog announced that their Bodog.eu will now be rebranded as Bovada Poker and will be accepting U.S. online poker players. The new website will be run by the former license holders for Bodog in the United States, Morris Mohawk Gaming Group (MMGG).

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  • 11 December 2011

    Ontario Inching Closer to Online Gambling

    The Ontario Lottery and Gaming Corp. have sent out a request for proposals from online gaming companies to seek help in running an online gambling operation in Ontario. The move could bring in an estimated $100 million over five years and says that $450 million is annually wagered over the web by Ontarians. There are several provinces already in the online gambling market and according to lottery spokesman Tony Bitonti “we want to . . . get this right the first time.

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  • 09 December 2011

    Not Everyone Sure Online Gambling is Safe

    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.

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  • 05 December 2011

    Commission Study Shows $60m in Online Poker Revenues in Iowa

    A new study in Iowa by the Racing and Gaming Commission projects if lawmakers choose to legalize online poker within the state, operators could make between $13-60 million dollars a year. The report goes on to say that if poker operators would be levied the same tax level that is currently being levied to most of the state-licensed riverboats and racetrack-casinos that the state gambling revenue would increase $3 million and $13 million annually.

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  • 30 November 2011

    Online Gambling Will Miss Barney Frank

    One of online gambling’s biggest supporters has announced he will not seek another term in office. Rep. Barney Frank (D-MA) announced that he will not seek reelection in 2012.In 2006, Congress passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in a last moment add-on to must pass legislation. This angered Rep. Frank and ever since he has fought for online gambling and has sponsoring of several pieces of legislation to legalize and regulate online gaming in the United States.

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  • 29 November 2011

    Online Gambling Companies Complain to EU over Greek Law

    A complaint has been filed by online gambling companies with the European Union (EU) regulators against the new Greek revenue-raising law. The new law, according to the complaint would hinder betting firms who would want to start services in Greece.The European Gaming and Betting Association which represents some of the big names in online gambling including Bwin.

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  • 19 November 2011

    DOJ May Have Deal in Place For Sale of Full Tilt Poker

    According to a Thursday article on CNNMoney, a deal was reached between Groupe Bernard Tapie (GBT) and the US Department of Justice.  The article claimed that this deal was brokered by the DOJ and cleared the way for GBT to purchase Full Tilt Poker.  The article however was taken down quickly after it was put up.An article on CBS news however has also posted an AP story that also claims that a preliminary agreement has been reached with prosecutors.

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  • 17 November 2011

    European Parliament Agreed on Online Gambling Resolution

    Back in October, the European Parliament’s internal market committee adopted a resolution on online gambling. At the time Clive Hawkswood, Remote Gambling Association chief executive committed that“The most important questions are whether these recommendations will lead to any concrete action and, if so, when.

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  • 14 November 2011

    More Online Gambling Meetings Scheduled This Week in Congress

    With one online gambling Congressional meeting done, a house panel plans to look deeper into the issue starting this week. The issue at hand is internet gambling and the efforts to legalize online poker.The Subcommittee on Commerce, Manufacturing and Trade has set a hearing Nov. 18th according to officials, there has not been a list of speakers released as of yet.The last subcommittee session last month talked about legalizing, regulating, and taxing online poker.

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  • 08 November 2011

    Gaming Policy Committee Revived in Nevada

    “I hope to sketch a new road map for the journey ahead.” That is what Brian Sandoval, Governor of Nevada said as he announced that he will be reviving the Gaming Policy Committee at the State Bar of Nevada’s Gaming Law Conference. The committee is made up of 11 members and their discussions could eventually lead to the making of policy, decisions, regulations and legislation of the gaming industry in Nevada.

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  • 02 November 2011

    MGM Resorts Announces Alliance with Bwin.Party Digital Entertainment

    With billions on the line, people like Donald Trump and the major casino companies are rushing to get into the right position to take advantage of if and when the United States regulates online gambling. The MGM Resorts announced this week their poker alliance with Bwin.Party Digital Entertainment, the company that owns Party Poker, the second largest online poker service worldwide and the World Poker Tour. Jim Murren, chief of MGM Resorts said in a statement; “MGM is proud to have bwin.

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  • 31 October 2011

    German Online Gambling Proposal Criticized

    The rules for online gambling in Germany are changing and though it seems that Germany is relaxing its grip a little, it is not far enough according to the Remote Gambling Association (RGA) and some of Europe’s largest online gambling operators. Currently 15 of the 16 German States have a adopted a policy that will follow the French model that taxes all bets at 5%, far lower than the originally planned 16.67%. The total allowed licenses will also increase from the current 7 to twenty.

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  • 25 October 2011

    Internet Gambling: Is there a fair bet?

    Internet Gambling: Is there a fair bet? –  That was the name of the hearing today by the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trades. Hopefully this was another step towards regulating and legalizing online gambling in the United States. Some like Poker Players Alliance chairman and former Sen. Alfonso D’Amato (R-N.Y.) say it is inevitable. “The status quo is badly broken and benefits no one,” D’Amato said.

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  • 24 October 2011

    Donald Trump Looking for Legal Online Gambling in U.S.

    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.

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  • 21 October 2011

    SubCommittee to Look at Online Gambling in U.S.

    For U.S. online gamblers, it looks like the time is coming to make their case before Congress. Tuesday the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade has scheduled a hearing on U.S. online gambling. The panel will most likely be discussing the legislation introduced by Reps. Joe Barton, R-Texas, and Barney Frank, D-Mass but not specifically on online poker.  Rep.

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  • 19 October 2011

    IPhone Betting App Approved

    A company executive for American Wagering Inc. said last week that their application for allowing sports wagering from IPhones has been approved by the Nevada Gaming Control Board.  This would make American Wagering d.b.a. Leroy’s Horse and Sports Place Inc. the first gaming company in the U.S. to have a free sports application in the iTunes store.

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  • 12 October 2011

    Free U.S. Poker at Calshark.com

    California is not being left behind Las Vegas in launching their free online poker sites. The groups that want make online gambling in legal in California hope that this will show lawmakers how popular this idea will be.Like other states, California’s bid to become the first state to allow online gambling within its borders stalled this year.  Proponents though are already looking towards January to renew their efforts.

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  • 10 October 2011

    Aristocrat Announces Launch of Online Gaming Solution

    It looks like Aristocrat will be the muscle behind some U.S. casinos who are starting to launch free online casinos in the United States. In a press release today, Aristocrat announced that the first casinos to launch the new platform will be the soon to be opened Maryland Live! Casino in Arundel Mills, Maryland, and Island Resort & Casino in Harris, Michigan.

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  • 05 October 2011

    American Gaming Association Calls for New Regulations

    In an industry conference in Las Vegas, Chief Executive Frank Fahrenkopf of the American Gaming Association said he would like Congress to table all the current proposals in front of them and pass an all new regulation that would allow states to decide whether to all online gambling.There is an estimated $6 billion at stake and according to Fahrenkopf, “We’re perhaps closer to federal legislation than we’ve ever been.  There’s a buzz in Washington about the need for action.

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  • 03 October 2011

    Bernard Tapie to Buy Full Tilt Poker

    It seems that losing their license has not ruined the investor Groupe Bernard Tapie from agreeing to buy the struggling Full Tilt Poker.  The French investor as also agreed to pay back the over $300 million owed to players there. There are conditions however and one is that the company resolves its problem with the DOJ. Bernard Tapie is a former government minister, sports tycoon and actor and the Groupe is an investment firm that once owned Adidas in the 90’s.

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  • 30 September 2011

    AGCC Revokes Full Tilt License

    The colossal fall from one of the largest online poker rooms to being accused of by U.S. prosecutors as being a “global Ponzi scheme” is now complete.  Earlier this summer it had its French license revoked and this week, Alderney Gambling Control Commission (AGCC) in the Channel Islands has also revoked its license.

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  • 29 September 2011

    Paddy Power Looking for Nevada License

    If everything goes as planned in Nevada, there is an online gambling company based in Ireland that is trying to be the first European gaming operator licensed in the state. Paddy Power is looking to get approval from the Nevada gaming regulators for a license as a manufacturer and operator of mobile gaming devices. They already operate online gambling sites in Australia and across Europe. Paddy Power sites has never excepted U.

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