• Gambling News

    • 25 February 2010

      Bi-Partisan Online Gambling Bill Introduced by Two Senators

      On 2-23-10 the Bipartisan Tax Fairness and Simplification Act of 2010 was introduced by Senators Ron Wyden (D-OR) and Judd Gregg (R-NH). A spokesperson for the Safe and Secure Internet Gambling Initiative stated that this legislation shows the growing support in congress for scrapping the ban on internet gambling and coming up with a new system that will protect the player and still regulate the industry.The provisions in the bill are similar to Barney Frank’s HR2267 bill, introduced last year.

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    • 23 February 2010

      Grand Prive Controversy Continues

      Recently, eCOGRA released its investigation of Grand Prive Affiliate’s Program closure. Their report stated that they were tasked by Grand Prive with investigating: the manner in which the program was terminated, determining the amount owed to claimants, determining a fair settlement for claimants, and to produce a full and transparent report for release to the public.

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    • 21 February 2010

      VISA Now Blocking All Online Gambling Transactions

      Only a few weeks after MasterCard blocked all online gambling transactions for United States players, VISA has also decided to block all online gambling transactions. VISA is the largest credit card supplier in the U.S. This is probably in response to the upcoming June deadline to start enforcing UIGEA regulations. MasterCard and VISA are just making sure that they are ready when UIGEA is enforced. Whether or not it will be enforced is still in doubt.

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    • 20 February 2010

      Virtue Fusion Purchased By Playtech

      Software developer Playtech Limited has purchased the gambling platform provider Virtue Fusion Limited for an initial payment of £29 million. This amount will be subject to a set of agreed working capital adjustments. There will also be an additional payment of up to £7 million in the first quarter of 2011 based on the performance of Virtue Fusion during 2010.Virtue Fusion was founded in 1999 and has a peak player base of more than 6000  players.

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    • 15 February 2010

      eCOGRA's Investigation of the Grand Prive Affiliate Program Report

      This breaking news!!! 15 February 2010 – Following a number of Internet-based allegations concerning the closure of the Grand Privé Affiliate Program (‘the Program’) on 1 December 2008, eCOGRA’s Compliance and Advisory Services department was engaged by the management of the company on 17 November 2009. Pursuant to an independent and fair resolution of the issues involved, eCOGRA was tasked with:

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    • 15 February 2010

      Update on Credit Card Crackdown for Online Gambling

      This last month has seen some interesting developments in the ongoing online gaming wars. Visa and MasterCard started getting gung-ho against their cardholders using their cards on egaming sites. The crackdown was the result of the soon coming implementation of the Unlawful Internet Gaming Enforcement Act (UIGEA) this coming summer. UIGEA is designed to prevent banks and other monetary processing companies from processing payments to online gambling sites.

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    • 12 February 2010

      Missouri Wants to Repeal PASPA

      Missouri State Representatives Jason Grill and Mike Colona have enlisted in the war on sports betting. They have put forth House Concurrent Resolution 22, calling on congress to repeal the Federal Professional and Amateur Sports Promotion Act (PASPA) of 1992. The proposal asks congress to repeal PASPA and allow states that wish to do so, to offer sports betting and thus partake in the economic benefits. This would include the estimated $81.5 million legally bet on last year’s Super Bowl.

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    • 11 February 2010

      Processor Set for US Online Gambling by EX-MasterCard Excecs.

      SecureTrading Inc., the new U.S. subsidiary of UC Group Ltd, has opened for business in expectation of legislation legalizing and regulating online gambling will soon pass in the U.S. UC Group is a United Kingdom based payments processing company. Chris Thom, chairman of SecureTrading Inc., is a former chief risk officer for MasterCard. SecureTrading says that it has many services which will be needed as soon as online gaming becomes legal.

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    • 10 February 2010

      New Jersey State Senate Committee Approves Sports Wagering

      On Monday, the New Jersey State Senate Committee on Government, Wagering, Tourism and Historic Preservation, approved a bill sponsored by Raymond Lesniak, calling for a referendum on sports wagering. The bill passed by a 4 – 0 margin. Can intrastate internet gambling be far behind?Lesniak, citing figures from the Press of Atlantic City, stated: “legalized sports betting would raise $100 million in new state revenues and generate $500 million for the casinos and racetracks.

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    • 09 February 2010

      Are Terrorists Laundering Money Through Online Casinos?

      UIGEA was first passed in 2006, after being snuck into the Safe Ports Act, with the supposed purpose of stopping terrorists from moving funds around by use of online casinos. The fact that there has never been any evidence of that in the public sector since it’s passage, has not stopped it’s supporters from wanting it enforced.

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    • 08 February 2010

      Internet Gambling Proponents Gear Up For Battle

      Fueled by millions of dollars from overseas gambling companies, and encouraged by the Obama administration’s delay in the enforcement of UIGEA, poker lobbyists are gearing up to for an all out fight to legalize internet gambling in the United States this year. Spearheaded by Rep. Barney Frank (D – Mass), Democrats in congress are pushing to pass legislation which would legalize and regulate many online betting games, such as poker, blackjack, majongg and others.

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    • 07 February 2010

      Gambling Lobbyists Working Overtime

      BolaVerde Media Group (BVMG) recently released a new Internet Gambling Federal Lobbying report which estimates that $3.65 million was spent lobbying the U.S. government over online gambling during the third quarter of 2009. This was from both supporters and opponents. This money is a 50% increase from the previous year.

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    • 06 February 2010

      Playtech’s Mobile Gaming App To Help Repeal UIGEA?

      Playtech, the largest supplier of online gaming software, has released the new, revolutionary Mobile Web Apps. This software brings many gambling games, such as Texas hold em poker, blackjack, craps, and video poker, straight to a cell phone or other personal mobile device. The software places a strong emphasis on security and safety.Other games included in Playtech’s new app are bingo, and slots.

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    • 05 February 2010

      Maryland Enters Into Gaming Tables War of States

      Maryland lawmakers, caught in the middle of the war for gaming tables between Pennsylvania, Delaware and New Jersey, has entered into the fray itself. Yesterday, Maryland legislator Frank Turner proposed a bill which would authorize the games of blackjack and baccarat, among others.The legislation is to change the Maryland constitution to allow table gambling, including poker. If the bill passes, it will be placed on the November ballot in November for the voters to decide the issue.

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    • 04 February 2010

      Is Visa Next? Mastercard Blocks US Gambling Transactions

      Today Mastercard, which is a major form of depositing into online casinos, poker sites and all online gaming, being used by US citizens was widely blocked. Apparently Mastercard is clamping down on altered transaction codes. Several major sites does not use Mastercard as a deposit method. Altered codes came to Mastercard’s attention some time ago, back then gaming sites were able to figure their way around it in less than two months.

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    • 03 February 2010

      iMEGA Testifies Before NJ Gaming and Tourism Committee

      A bill was introduced earlier this month by New Jersey State Senator Raymond Lesniak which would regulate and legalize intrastate internet gambling. The bill specifically mentions online poker. Taking no chances, Lesniak also introduced a separate bill calling for a referendum to permit sports betting.Items discussed at the hearing included the legality of internet gambling and sports betting in the U.S.

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    • 03 February 2010

      Table Games Approved at Delaware Racetrack Casinos

      Gov. Jack Markell, Governor of Delaware, signed the bill which allows the state’s three racetrack casinos to offer table games, on the evening of the day the bill was passed. A spokesman said that the games could be ready to play by summer at the states three racetrack casinos: Dover Downs, Harrington Raceway, and Delaware Park. At present, the racetrack casinos offer only slot machines.This follows Pennsylvania’s passage of table gaming earlier this month.

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    • 01 February 2010

      Gaming Community Digs Deep for Haiti Relief

      The attendees at the recent iGaming Business Affiliate Awards program showed their generous hearts when they donated 65,000 British Pounds Sterling (about $103,371) to the Haitian relief effort. That amount was doubled by the Calvin Ayre Foundation, bringing the grand total for the donation to 130,000 pounds ($206,742).The donation will be sent to Oxfam, in Oxfordshire. Oxfam is one of the companies spearheading relief efforts for the Haitian earthquake relief efforts.

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    • 01 February 2010

      New Casino Software Displayed at IGE-ICEi

      The recent IGE-ICEi trade exhibition in London was the background for several casino software providers to showcase their new goods. Buyers, as well as players, will have a lot to look forward to this year.IGT subsidiary WagerWorks, showcased it’s newly released dual online and land casino slot game Monty’s Millions. Also shown was a soon to be released slot game named Kitty Litter.

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    • 28 January 2010

      Gambling Debate Holds up Treasury Appointments

      The fight is on in Washington D.C. four Presidential appointments for Treasury Dept. positions are being held up by Arizona Republican Jon Kyl, to protest to protest a move by the Obama administration and the Federal Reserve to delay by six months the enforcement of regulations prohibiting gambling on the web.

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    • 27 January 2010

      Will MGM Mirage Leave Atlantic City?

      The MGM Mirage, suffering from the poor economy in the sagging Atlantic City market, is setting itself up for an initial public offering on the Hong Kong Stock exchange. The offering could raise upwards of $1 billion. The idea is to sell shares of its 50% owned MGM Grand Macau. The problem is that MGM is partnered with Hong Kong business woman Pansy Ho, daughter of Macau casino giant Stanley Ho. And he has alleged ties to Chinese organized crime triads.

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    • 26 January 2010

      Playtech and U.S. Partner Sign Deal

      Playtech, a leading online gaming software provider, has signed a deal with NASDAQ listed Scientific Games Corporation. This move demonstrates Playtech’s  intention to re-enter the U.S. gaming market when it becomes legal to wager online. This move also promoted a raise of 11% of Playtech stock shares.This deal has two parts. First is a 50-50 joint venture called Sciplay, which will focus on the global B2G (government sponsored)  online gaming market.

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    • 23 January 2010

      PartyGaming Admits to Merger Talks

      After much speculation, PartyGaming, the online poker company, has admitted to being in talks with Bwin, a rival Austrian sports betting company, about a possible merger. Such a merger could be worth more than L2 billion. It says it is also talking with other potential partners.

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    • 22 January 2010

      Kentucky Gambling Bill Killed by Senate

      The Kentucky State Senate failed to pass legislation requiring a constitutional amendment on any expansion of gambling in the state. The vote was along strict party lines. Republican David Williams, Senate President, who sponsored the bill, said he opposes the expansion of gambling in Kentucky, but that his bill would have let the voters decide the issue.

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    • 21 January 2010

      32Red Casino has Been Acquired by Nedplay

      This is an interesting turn of events. We hope that it works out for all involved. (Free-Press-Release.com) January 21, 2010 — 32Red is today pleased to announce that Nedplay casino becomes part of the award-winning gaming operator’s group of casinos.

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    • 21 January 2010

      IGaming Community Called to Aid Haiti by Calvin Ayre

      I think this is fantastic!!! A big KUDDOS to all that participate!!! We need more people like this, what a better world it would be. LONDON, England — (PRESS RELEASE) — No one watching the news in the past week could have ignored the cries and pleas for help coming from one of the poorest countries in the western hemisphere – Haiti.

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    • 20 January 2010

      New Jersey Legalizing Online Gambling Update!

      The State of New Jersey, attempting to become the first state to legalize intrastate internet gambling, is now looking at passing senate bill S3167, introduced by Senator Raymond Lesniak. It is designed to allow the games of poker, blackjack, and baccarat, to be played online.The state’s casinos, who have taken a beating during the recent economic troubles, are expected to be the first to apply for licenses.

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    • 20 January 2010

      David Barber Leader of Gov.'s Task Force Resigns

      The Director of the Governor’s Task Force, David Barber after winnings on Illegal Gambling, won at the Choctaw Indian Casino in Philadelphia, Mississippi. David Barber Offered his resignation because he felt his $2,300 would be a distraction. And Governor Riley said it was appropriate. They do not know for sure when the money was won, but they think it was when former County district Attorney and his wife went to a Mississippi Casino to celebrate a special occasion.

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    • 18 January 2010

      GTECH G2 Side Games Launched by Virgin Casino

      Here is some of your favorite land based casino games now online, like Bar X Majic 7 and more. 18-01-2010 (Stockholm, Sweden) – Virgin Casino has added four more games from the GTECH G2 side games portfolio.  The Electrocoin Bar X Magic launched at the popular UK casino several weeks ago and now four more proven popular games have been added: Triple Chance Hi Lo, Casino Dice, Spin Win, Aces High, Bingo Keno Extreme.

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    • 18 January 2010

      Controversy with Harry Reid Could Change Online Gambling in the US

      If the GOP has their way and force the resignation of Senator Harry Reid of Nevada, regulated online gambling may be one step closer to reality. Senator Reid has fought hard to keep online gambling illegal, in order to protect the gaming interests of his home state of Nevada. If he were no longer in Washington, many believe Rep. Barney Frank’s proposal for regulated internet gambling would have a much better chance of passage.

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