Gambling News

  • 17 November 2009

    UIGEA Deadline Is Approaching

    Looks like the time is coming for an impossible law to come into effect that will put terrible hardships on banks in this country! We are hoping it will get postponed, but time is getting short. In a couple of weeks financial institutions will be obligated to abide by the UIGEA regulations.

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  • 16 November 2009

    Indiana Woman With Gambling Addiction Sues Casino

    A very interesting case has made its way to the Indiana State Supreme Court. The case hinges around a woman gambler who says she has a compulsive gambling problem. She claims that an Indiana casino went out of its way to lure her to come into the casino and gamble.Her attorneys claim that the casino’s have a responsibility to protect the problem players from themselves. Courts have long rejected this idea.

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  • 14 November 2009

    New Slots Casino Making a Splash

    With all the regulations to be met and followed, all the banking decision that need to be made and all the competition to be faced, it is no small feat to open a successful online casino. The new casino is making quite a ruckus in the online casino world right now. Crazy Slots Online Casino, part of the Golden Casino Group, is one of the few casinos that allow U.S. gamblers to play. Golden Casino is operated by Vegas Technology.

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  • 13 November 2009

    Firepay Pays $19.2 Million

    With the forfeiture of $19.2 million by Firepay, owned by Optimal group inc. of Canada, the New York District Attorneys office is poised to go after more gaming companies that did business in the U.S. even before UIGEA became law.Firepay had withdrawn from online gambling in the United States after UIGEA was enacted in October 2006. But the State of New York saw dollar signs and in 2007, started building a case against Firepay.

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  • 10 November 2009

    Tribute to Elvis Opens in Vegas Next Month

    Attention all Elvis fans. The MGM Mirage’s CityCenter complex, set to open on December 16, is going to be offering a new, and highly unusual, tribute to the King of Rock n Roll. Cirque du Soleil’s tribute to Elvis: Viva Elvis, is inspired by the 1965 Elvis movie Viva Las Vegas. It is set to be one of the opening acts at the Aria Casino and Resort in the CityCenter complex. The show, much like Elvis himself, is sexy, powerful, unique and larger than life.

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  • 09 November 2009

    Regulation to Replace Failed Internet Gambling Prohibition

    Things are beginning to look up for the online gambling businesses. More and more are leaning to license and regulate the online gambling industry in the US! In an op-ed published in today’s Roll Call, Rep. Jared Polis (D-CO) argues regulating Internet gambling in order to protect consumers and generate up to $42 billion in new revenue is a “sensible approach.” Based on his experience of having started and managed several Internet-based companies, Rep.

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  • 07 November 2009

    Another one for New York and the UIGEA

    The U.S. District Attorney’s Office for the Southern District of New York is at it again. It has again gone after another company for violating UIGEA.The eWallet company FirePay, owned by the Optimal Group, Inc, has been forced to forfeit $19.2 million in revenue linked to wagers made by the citizens of New York State. FirePay, which pulled out of the U.S.

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  • 05 November 2009

    Gary Kaplan BetOnSports Founder Gets 51 Months

    For anyone who has harbored any doubts whatsoever about the health of Big Brother, trust me, he is alive and doing very well. Point in fact: On Monday, Gary Kaplan, founder of BetOnSports, was sentenced to 51 months in prison on charges of federal racketeering. He had been arrested on 20 felony charges in March of 2007 in the Dominican Republic. Those charges were for allowing American residents to place bets at BetOnSports.

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  • 04 November 2009

    Ohio Finally Opens Doors to Casinos

    This is a huge win for the Ohio people who have been pushing for casinos. This may be the start of a new future for more states and Casinos!  COLUMBUS, Ohio (AP) — Ohio voters hit hard by the economic downturn have approved casinos tied to new JOBs after a fifth try by gambling supporters in the past two decades. Tuesday’s passage of Issue 3 marked a significant victory for Penn National Gaming Inc.

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  • 04 November 2009

    GoWild Casino Completes New State of Art Website

    GoWild is proud to announce the completion of their state of the art website. We are all looking forward to seeing this new site. And to see what makes it state of the art. VALLETTA, MALTA — (Marketwire) — 11/03/09 — Press Release. GoWild Casino, a premier online casino, announces it has completed its state of the art website created for today’s smart, contemporary online gambler.

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  • 02 November 2009

    Battered Ohio in the Casino Bid Recession

    On Tuesday, history may be made in the State of Ohio. On Tuesday, voters are going to the polls to decide, among others important issues, whether or not to allow gambling casinos to come into their state. The large casino companies have been trying to get into Ohio nearly every year since 1900, but have always failed. This is the fifth time in the last nineteen years that the measure has been on the ballot.

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  • 01 November 2009

    Grand Opening of Arizona’s Wild Horse Casino and Hotel!

    A very long awaited gaming mecca has opened. Friday night, the Wild Horse Pass Hotel and Casino, situated in the beautiful Sonoran Desert in New Mexico, has finally opened. The Gila River Indian Community opened it’s doors Friday night for the grand opening.This new hotel and casino boasts 240 hotel rooms, 39 suites, five luxurious lounges and a 1500 seat entertainment theatre. The CEO of the venue claims that they spent nearly $1 million dollars on the lighting and sound equipment alone.

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  • 29 October 2009

    Regulated Online Gambling is likely to Pass Says a Utah Congressman

    This maybe some great news for online gambling, I think this will happen too and soon.According to the Deseret News the Republican from Utah Jason Chaffetz thinks congress will pass Barney Franks bill to license and regulate online gambling. He thinks it will be passed before the end of current session going on in congress.

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  • 28 October 2009

    First State-to-State Wide Area Progressive Gaming

    This is a network linking Indian Casinos Nationwide! LAS VEGAS, NV, Oct 28, 2009 (MARKETWIRE via COMTEX) — ATIG | Quote | Atlantis Internet Group Corp. (PINKSHEETS: ATIG | Quote | announced today that it would launch the nation’s first intertribal, state-to-state, wide-area progressive gaming network linking Indian Casinos nationwide. Progressive gaming means that a percentage of the money played by each player in any of the casinos in the network is added to a combined jackpot.

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  • 26 October 2009

    Massachusetts: To Act or not to Act on Casino Gambling Delays?

    The State of Massachusetts, despite the generally recognized need for lawful gaming in the state, is still at least three years away from implementing any gambling law. While promises for action have come from all corners, including the governor, state Representative Brian Dempsey says that legislators are moving slowly to be sure that they give the state the best results from the legislation.The State of Kansas went through a similar process.

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  • 25 October 2009

    Can They Raise the Stakes In Atlantic City?

    Atlantic City… the name brings to mind images of glistening casinos, bright light and never ending excitement. A few years ago, that image would have been true. Today, however, is another day. Fortunes have changed and the gaming machines stand silent, and one casino, Harrah’s, is offering to send their frequent gamblers out west to Las Vegas. One gambling executive even says that Atlantic City is in a “death spiral”.

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  • 24 October 2009

    Preemptive Strike on UIGEA Rules Launched by Barney Frank

    I am sure all the banks and financial institutes are awaiting the decision on this one. The big day is quickly approaching to start the implementing of the UIGEA rules. Representative Frank has put his attention back on this after all the other urgent matters that had to be put first.Frank along with 18 others sent a formal letter of request to Timothy Geithner, the Treasury Secretary and to Ben Bernanke, the Federal Reserve Chairman.

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  • 22 October 2009

    Dikshit is Selling PartyGaming Shares

    Makes you wonder if he is doing this to pay off his debt to the US Treasury. Maybe he thinks this will lighten his sentence. We will see what happens. LONDON, England — As reported by Bloomberg: “PartyGaming Plc founder Anurag Dikshit will sell up to 75 million shares in the company through his Crystal Ventures Ltd. vehicle.

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  • 21 October 2009

    More and More States are Betting on Gambling to Boost Economy

    With more states are opening up to the idea of gambling as a way to help with the economy. With the taxes that are brought in from land based Casinos and online could help raise the economy back to where it should be. LAS VEGAS, Nevada — Gaming has found a surprising benefit from the nation’s continuing economic recession.

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  • 20 October 2009

    Sacramento Tribal Casino Lavish Rewards for Repeat Players

    Patrons of tribal casinos in the Sacramento area are feeling the love and gratitude of the casinos. The casinos are offering regular customers, both small and high rollers, incentives to keep returning. Gifts are ranging from toaster ovens and visits to the buffet, to cars, trucks and cash, and everything in between. The freebies, called special rewards club programs, are competitive and geared to bring back the regular players who are most likely to keep returning.

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  • 16 October 2009

    Land Based Gambling Shifting to Online?

    This is a question that land based casinos are asking themselves, especially since Vegas saw revenues drop for the twentieth month in a row. October 14, 2009 (CAP Newswire) — Bad news disguised as good news? Reports continue that the status of land-based casinos, particularly in U.S. gambling mecca Las Vegas, are continuing to plummet. In August alone, the casinos dropped 9.3 percent in revenue, representing the 20th straight month of losses.

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  • 15 October 2009

    Shares Plunge in Macau Gaming

    The government of Macau has caused the financial world a mild heart attack. They have announced that they were going to raise the minimum entry and employment age for the casinos from 18 to 21. They also announced a cap to the total number of gaming tables in Macau and also relocated slot machines to commercial areas. By the middle of this year, there were 4390 gaming tables in Macau. A bill to raise the age limits wills be submitted to the Legislative Assembly within a few months.

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  • 14 October 2009

    Could This be Bad News For Industry From China?

    The economic turndown in the world economy has hit everyone, including the gaming industry. In Las Vegas, convention business was down 30.2 percent for the past year. Visitors to Vegas were down 3.7 percent, for 15 consecutive months for falling numbers. Room occupancy was down 6.2 percent for the last year. Add to that, MGM Mirage’s City Center project is expected to open by the end of the year, adding another 6000 rooms needing to be filled to the problem.

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  • 13 October 2009

    Progressive Jackpot Major Millions Hitting Below Normal

    The big question on the minds of progressive jackpot online slot game high rollers is: are recent events just an aberration or is it a changing in the game. Two of Microgaming’s biggest online PJP slots have recently been hit for far less than their normal averages. The two games hit this month are Major Millions and Mega Moolah.Major Millions hit a few days ago for just over $300,000. A great hit until you consider that after it opened in 2002, it hit for $1.

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  • 10 October 2009

    France’s National Assembly Passes Bill That Forces to Re Register Players

    France has passed a new amendment to their law regulating online gaming which goes into effect next year. It forces online gaming operators to close out the accounts of their French players when the law takes effect. They will then have to apply for a license to open new accounts for French players 5 to 6 months later in May or June of 2010. The French government plans to issue licenses by June 2010, in time to coincide with thefootball World Cup in South Africa beginning that month.

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  • 08 October 2009

    California and the Online Gambling Battle

    Legislators in the California State Legislature are lining up for battle this winter. The proponents for online gambling are readying to introduce a bill to legalize online poker in that state. They say that intrastate gambling, which is one of the loop holes in the federal Unlawful Internet Gambling Enforcement Act of 2006, can help ease the state’s financial woes. Illegal internet gambling is still happening, and proponents say that the state gets no benefits from it.

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  • 06 October 2009

    Sports Minister from Poland Quits In Middle of Gambling Law Inquiry

    Miroslaw Drzewiecki, Sports Minister of Poland, resigned his position Monday amid allegations of corruption. His name was mentioned in transcripts in connection to an anticorruption investigation. He is alleged to have tried to use his influence to help pass a new gambling law benefiting the gambling industry. The transcripts were of recorded conversations between a member of parliament and the owners of gambling companies.

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  • 05 October 2009

    Millions Spent by Casinos for Big Losers Feel Like Winners

    Now when you read this you will say “Now does this help people with problem gambling?” I really do not see how. By rewarding an addict is not helping them. I think they should try to help these players instead or rewarding them. Recently, a gambler in Canada reportedly lost $1.2 million in a gambling spree that lasted less than 2 years. The casinos, bless their loving, generous hearts, rewarded him with Rolex and Tag Heuer watches, limo rides and theatre tickets.

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  • 02 October 2009

    Barney Frank and Other Members Ask for Delay Implementing UIGEA Laws

    This letter was sent to the Treasury Secretary asking the to postpone the implementation of the UIGEA Laws. We give another big thumbs up for Mr. Frank and his stand with us on the UIGEA and the enforcement of this impossible law. Washington, DC – Financial Services Committee Chairman Barney Frank (D-MA), Homeland Security Committee Ranking Member Peter King (R-NY), Financial Institutions Subcommittee Chairman Luis V.

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  • 30 September 2009

    David Carruthers Changes Guilty Plea

    This makes all of us wonder why he pled guilty in the first place. What difference this will make? Who knows?  Could it be our government has offered him something else? Only time will tell, no pun intended.

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