• Gambling News

    • 28 April 2011

      Iowa Not Given Up On Online Poker

      As the dust starts to settle on the FBI indictment that rocked the online poker world, it looks like some states are stepping up the pressure to approve intrastate online poker. Iowa yesterday to a step forward with gambling as a whole within their state border.A House committee approved gambling legislation Wednesday that if approved would change the way gambling runs in there state. The legislation passed the committee by a 20-3 vote and now heads to the house floor.

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    • 25 April 2011

      Will Absolute Poker Use WTO to Fight U.S.?

      If the aftermath of the FBI indictments of the 4 major U.S. facing online poker sites there have been progress made in how the sites will return monies owed to the U.S. poker players who have withdrawals due to them. Full Tilt Poker and PokerStars have already made agreements with the U.S. Government to have their domains returned to process withdrawal claims.Absolute Poker and Ultimate Bet however are looking into taking a harder stance against the U.S.

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    • 20 April 2011

      Full Tilt Poker and PokerStars Reaches Domain Name Use Agreement

      In a press release today the U.S. government stated it has reached a domain name use agreement with Full Tilt poker and PokerStars for the returning of U.S. poker players deposited money. According to the press release it was announced by Preet Bharara , the United States Attorney for the Southern District of New York, that:

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    • 20 April 2011

      Full Tilt Poker Responds to FBI Indictment

      Though most of the poker sites that have been effected by the latest FBI indictment have remained quiet, Full Tilt Poker has released this press release in regards to their CEO being one of the 11 charged: Full Tilt Poker is saddened by today’s charges against its CEO Raymond Bitar and offers its full support to Mr. Bitar and Nelson Burtnick. Online poker is a game of skill enjoyed by tens of millions of people in the United States and across the world.

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    • 18 April 2011

      Update on F.B.I. Online Poker Crack Down

      Today if you go to pokerstars.com. ultimatebet.com, absolute poker.com or fulltilt.com and you will find a page from the FBI that says: “This domain name has been seized be the F.B.I pursuant to an Arrest Warrant in Rem obtained by the United States Attorney’s Office for the Southern District of New York and issued by the United States District Court for the Southern District of New York.

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    • 15 April 2011

      U.S. Goverment Seizes Three Major Online Poker Domains

      News in just now being broke that the FBI and the New York US Attorney’s office has unsealed an indictment today charging eleven defendants and seizing the domains of three major online poker sites including PokerStars, Full Tilt Poker, and Absolute Poker. According to some poker forums, people see a page that reports that the sites hace been confiscated by the FBI and arrest warrants are in place. Some say they see no such message and the site is working just fine.

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    • 13 April 2011

      Florida and Hawaii Fail to Pass Online Poker Bill

      At least they are trying…maybe that’s is how we should look at all the attempts by state lawmakers to get online gambling legalized within their state borders. At least the attempt is being made and online gambling is being considered, but being considered is about as far as Florida and Hawaii got. In Florida yesterday, the Senate Criminal Justice Committee killed a bill that would regulate online poker within the state when their vote ended in a 2-2 tie. The Sen.

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    • 11 April 2011

      Online Poker in Washington D.C.

      It seems like every month another state takes a run at online gambling regulation. Lately it seems online poker had been the main subject of talks. Washington DC is now looking for a way to legalize online poker within its district borders. The D.C. Council already passed a proposal last December that allows the D.C. Lottery to offer “games of skill and games of chance” online. So now we are looking at Thursday as the next big date for this proposal to take effect.

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    • 06 April 2011

      Iowa Online Gambling Bill Stalls

      It now looks like the Iowa online gambling bill has stalled out before it will even go to a vote. Much like the federal attempt to get a bill passed the Iowa legislation got through committee but will not make it to the floor for a vote. Many legislators are in support of the bill saying it would give the state a chance to bring regulation to what is now an unregulated industry and also bring money currently going to foreign companies back into the state.

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    • 04 April 2011

      Hawaii Looking at Online Poker Tournaments

      There is another state now looking at a possible online poker bill, Hawaii. This bill is different than others making the rounds in California, Florida, Iowa and New Jersey, this bill will include Texas Hold ‘em and Omaha varieties of poker only in tournament style. This is not an attempt to open casinos or start a lottery and it gets around the states anti-gambling law by defining poker as a game of skill.

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    • 01 April 2011

      Russia Raids Online Casino

      Russia seems to be taking the hard line with its new anti-online gambling law. The Russian Interior Ministry Police has been cranking down on all gambling but recently raided one of the prolific online gambling operations running within the country. Though no specific name has officially been released, all information coming from the raid seems to point to the Goldfishka Casino powered by Microgaming.

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    • 29 March 2011

      eCogra Under New Management

      For those who may not know, eCogra is a company set up by 3 online gaming software companies to help players who gamble online and to also test software program’s used by online casino to ensure there integrity. Microgaming, 888 and Bwin are the three major owners of the eCogra and have always claimed fairness in their audits and approvals of all online gambling sites.

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    • 28 March 2011

      Wynn Resorts Backs Nevada Online Poker Bill

      Looks like the lines are being drawn in the sand in Las Vegas. Shortly after Michael Gaughan broke ranks with other casino owners and announced his support for the Assembly Bill 258, Nevada’s attempt to legalize online poker, the Wynn has now also stated its support. Assembly Bill 258 is also backed by the online site PokerStars which is the most trafficked online poker site in the world. Now Wynn Resorts Ltd.

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    • 24 March 2011

      South Point Owner in Favor of Nevada Online Gambling

      It doesn’t look like the entire famed Vegas Strip casino owners are against the proposed online poker bill (Bill 258) in Nevada. Proponents of the bill got another endorsement for the bill and this one came from South Point Hotel and Casino owner Michael Gaughan. The 68 year old casino owner support is in stark contrast to the two major casino companies that have already come out against the bill.

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    • 22 March 2011

      Iowan Governor Weighs in on Online Gambling Bill

      As the Iowa bill to legalize online gambling within their state goes from a Senate committee to the floor to be possibly voted on, Governor Terry Branstad was asked Monday what he stance is on the bill. It seems he has taken a page from New Jersey’s Governor Christies play book and is playing it right down the middle, for now. At a news conference, Branstad said;

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    • 18 March 2011

      U.S. Online Gambling Legislation Introduced

      The Internet Gambling Regulation, Consumer Protection, and Enforcement Act was introduced in the House yesterday. This bill is identical to the one that Congress Barney Frank got passed out of the House Financial Services Committee last summer but never got to the House for debate with one difference. This one was introduced by California Republican Congressman John Campbell.

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    • 16 March 2011

      Big Opposition to Nevada Online Gambling Bill

      As expected, some pretty big opposition has stepped forward to try and defeat the Nevada online gambling bill that is now trying to make its way through the Nevada Congress. Some of the biggest and most powerful casino companies have lined up against the bill which now looks to go in the direction of all the other recent attempts, defeated or just loss in debate.MGM Resorts International and Caesars Entertainment Corp. have come out against the proposal.

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    • 15 March 2011

      TwinSpires Spurs Growth of Churchill Down

      Churchill Downs, the race track and gambling company based in Louisville released its fourth quarter results today and showed that it is shifting away from horseracing and there online gambling site Is leading the way.Though results for the quarter were a net loss but it was sufficiently smaller than the same quarter year to date. Net earnings were down for the year by 3% and earnings from racing operations were flat for the year. The growth came from TwinSpires.

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    • 11 March 2011

      Nevada Trying to Regulate U.S. Online Poker

      Now it is Nevada’s turn. BDR 41-657 is the name of the bill that was proposed yesterday in the Nevada State Assembly that would legalize online poker. Majority Whip William Horne (D-Las Vegas) introduced the bill which has the support of former Speaker and current lobbyist for PokerStars, Richard Perkins. The bill does have some of the same qualities of the bills in New Jersey, Florida, California and Iowa but with one glaring omission.

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    • 10 March 2011

      Caesars Entertainment and 888 Holding Make Deal

      The Nevada Gaming Control Board approved a business relationship between Caesar’s Entertainment Corp. and Cassava Enterprises (Gibraltar) Ltd. and Fordart Ltd.,which are subsidiaries of 888 Holding Company LLC. This is only the second time an approval has been given under the state’s foreign gaming statutes. In 2007 MGM Mirage was approved to conduct its business with Pansy Ho’s company in Macau.

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    • 08 March 2011

      Wall Street Journal Asks Should Web Gambling be Legalized?

      There has been a poll put up on the Wall Street Journal community board that asks a pretty basic question: Should web gambling be legalized? This is not the first time the WSJ has posed such a question on its boards and the results as of this article are overwhelmingly in favor.This is not a formal poll by any means and as of today just shows 358 total votes but 78.2% of those voting favor legalizing online gambling.

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    • 03 March 2011

      Online Gambling in New Jersey Vetoed

      “If the Legislature believes that expanding gambling outside of Atlantic City is in the best interests of the State of New Jersey, it should place the question on the ballot for the voters to decide.” That is the message offered by Governor Christie as he vetoed the online gambling bill in New Jersey. Gov. Christie also echoed in his message what others have said he was concerned about as well and that was the State Constitution.

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    • 03 March 2011

      State Online Gambling Update

      There is a lot happening across the United States lately concerning regulated online gambling. There are currently 4 states in varying progress considering legalizing intrastate online poker. The one closest to making this a reality is New Jersey. Today is the day for Governor Christie to act or not act on an intrastate online poker bill that has been lying on his desk since January.

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    • 28 February 2011

      Add Iowa to List on Online Poker Interest

      It seems for online poker players in the United States, California, New Jersey and Florida would be a good place to live. No, they haven’t technically passed anything as of yet but at least they are in talks which puts them ahead of all the others. Now however there is another state where online poker players could enjoy…Iowa.Iowa is now considering legislation to allow for intestate online poker.

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    • 25 February 2011

      California Nations Indian Gaming Association Endorses Online Poker Bill

      California Democratic Sen. Lou Correa Senate Bill 40 that is trying to legalize Internet gambling within the state got another major endorsement this week from the California Nations Indian Gaming Association (CNIGA). The main reason cited for the endorsement over other bills currently being looked at is that Correa’s is specific to online poker.This is the first time that CNIGA has endorsed any bill looking to regulate online gambling in California.

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    • 22 February 2011

      Online Gambling in New Jersey Coming Down to the Wire

      It is coming down to the wire for Governor Christie to act on the internet gambling bill that is still lying on his desk. The bill was passed by the New Jersey legislature on January 10th with a feeling of that it was a safe bet to get passed the Governor’s desk and help the state increase its revenue.That is not been the case. Now it seems the New Jersey Governor may not sign the bill into law.

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    • 21 February 2011

      Hope for Federal Online Gambling Law?

      For all of those that think the recent elections may have destroyed any hope of a federal government law regulating online gambling may have to rethink their position if rumors become a reality later this year. Though it may come as a surprise what side this bill may be coming from, who may introduce it shouldn’t come as much of a surprise.

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    • 16 February 2011

      PlayNow.com Security Investigation Complete

      The investigation into the Canadian online gambling site PlayNow.com by the B.C. Information and Privacy Commissioner Elizabeth Denham has concluded and said that the site had not taken sufficient steps to protect its player’s privacy when it launched July 15th. The PlayNow site was shut down within hours of its initial launch. It was said at the time that it was a server overload but later the B.C.

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    • 15 February 2011

      Payment Processing Inc. Facing Federal Charges

      There is another payment processor being charged by the federal government for allegedly sending $44 million in winnings to bettors all across the United States. Company officials of Payment Processing Inc. are now facing charges of operating an illegal gambling business, transmission of wagers and international money laundering.There are six people named as defendants in the case that was investigated by the IRS’s Criminal Investigations Division and the U.S. Postal Inspection Service.

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    • 14 February 2011

      Ladbrokes Looking at Possible Playtech Merger

      More rumors about online gambling companies coming together to possibly become bigger players in the ever growing industry. Playtech and Ladbrokes are the latest possible merger being talked about according to a story in the Daily Telegraph that mentioned “exploratory talks” between the two.What is being specifically said from the two companies…”no comment” but Ladbrokes CEO Richard Glynn did say they are looking to grow the company organically and that is a clear mandate.

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