• Gambling News

    • 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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    • 29 September 2009

      Industry Eyes Watching France

      News coming out of France is extremely encouraging for the online gaming market. France has paved the way for the opening up of the internet gambling market in the summer of 2010. It is not legally official yet, but is very near. MECN, a consulting firm, has compiled a new report which suggests huge market growth. Online gambling is expected to reach Euro 1.7 billion in gross revenues by the year 2015. This is a 6 fold increase from the current level of 300 million gross Euros in revenue.

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    • 28 September 2009

      Online Gambling Legislation Will Fail Says Some Experts

      Our government at work, it is a glorious and wondrous sight. Health care reform, probably. Economic overhaul, sure. Internet gambling regulation and legalization, many experts say not likely. Tony Cabot, former President of the International Masters of Gaming Law Association, says that with all the other work before congress, it is unlikely that gaming reform, with its small economic footprint, will be given any consideration. Internet gambling is not going to be a high priority.

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    • 22 September 2009

      Another Online Casino is Prey to the UIGEA

      Federal Agents, under the guise of the Unlawful Internet Gambling Enforcement Act, has been investigating one of the most trusted online casinos.Golden Casino has seemingly been marred by the recent bank seizures in Maryland, with many believing that the seizures were related to investigations into the practices of Golden Casino. Federal Agents have been trying to infiltrate Golden Casino for some time by attempting to set up accounts in areas where online gambling is illegal.

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    • 21 September 2009

      Internet Gambling Revenue to Help Fund Health Care Reform?

      This was sent out today from Safe and Secure Internet Gambling Initiative. They are purposing to use Internet Gambling Revenue to help to Fund the Health Care Reform. An increased focus on the benefits of Internet gambling regulation are expected as the Senate Finance Committee considers a proposal introduced on Saturday to use Internet gambling revenue to offset the costs of health care reform.

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    • 16 September 2009

      Owner of Lucky 18 Casino Arrested in Israel

      Hold on to your socks, the wars against online gaming are spreading far and wide. On Thursday night, Asi Vaknin, Naftali Goldman, and Yonatan Grimberg were arrested in Israel by detectives from the police International and Serious Crimes division. They are suspected of money laundering and Vaknin is also suspected of making threats. When questioned for several hours, he maintained his right to remain silent.

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    • 11 September 2009

      Barney Frank Gets Help on Gambling Bill

      The pro online gambling forces have a new battle warrior to help in the fray. On Friday, Florida Governor Charlie Crist appointed George Lemieux to the U.S. Senate seat vacated by Mel Martinez. In 2007, LeMieux helped governor Crist iron out a gambling pact with the Seminole Indians in Florida. That pact was eventually struck down by the Florida State Supreme Court. The compact talks were restarted earlier this year and LeMieux has helped spear head the negotiations.

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    • 09 September 2009

      Problem Gambling Expert Says Online Casino Banning Not the Answer

      Carol O’Hare who is the director of the Nevada Council on Problem Gambling stated THAT BANNING ONLINE GAMBLING IS NOT THE ANSWER. In speaking to the Las Vegas Sun, she urged that education and treatment is the most efficient method for problem gambling and not legal bans.

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    • 02 September 2009

      Seized Poker Funds To Stay Put

      Big Brother, or if you prefer, the U. S. Government, is at it again. U.S. District Judge Jeffrey Miller, in San Diego ruled against lawyers for Account Services Inc. and the Poker Players Alliance, in an attempt to regain 13 million dollars seized by federal investigators. Account Services Inc is the company owned by Douglas Rennick, who is under indictment for bank fraud and money laundering charges, as well as conspiracy to operate an illegal gambling business.

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    • 31 August 2009

      Will New Slots Boost Revenue in Oregon?

      The state of Oregon has installed over 400 new slot machines in the bars all around town. This will be only the start of over 2000 being installed. They are hoping this will help the downturn of the revenue trend.The Lottery Director Dale Penn, stated “We’re real hopeful that we can bring some players back and encourage others to play more,” He told this to the Associated Press.

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    • 27 August 2009

      Will Baltimore Have a Slot City?

      According to the Washington Post today The Baltimore Entertainment Group is seeking to bring slot machine gambling to the city of Baltimore. They have revealed their vision for a mega casino. The mega casino will have slot machines and built on an industrial lot south of Ravens stadium.The Casino will be called “Celebration Casino” and will have 3,750 slot machines, employ over 1,000 employees and have the potential to bring in millions annually.

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    • 26 August 2009

      Delaware Sports Betting Blocked

      On Monday, a three judge panel from the federal appeals court in Philadelphia ruled that the state of Delaware’s plan to allow sports betting would violate the federal ban on sports wagering. Delaware was ready to allow single game wagering to begin on September 1, just in time for the beginning of the 2009 football season.The ruling stated that Delaware’s new proposal violated the Professional and Amateur Sports Protection Act (PASPA) of 1992.

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    • 18 August 2009

      Gary Kaplan Pleads Guilty

      Score one for the U.S Government’s persecution of its citizens. On Friday, Gary Kaplan, founder of BetOnSports.com pled guilty to racketeering conspiracy, violating the Wire Wager Act, and conspiring to violate the Wire Wager Act. With his guilty plea, all other charges were dropped. As part of the deal, he forfeits $43.6 million in illegally obtained monies from his illegal operations.

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    • 17 August 2009

      Drop the Ban on Online Poker

      There is a debate today both in congress and across this great country of ours, about just what is poker playing? Is it gambling, as the government wants to say? Or is it a game of skill, mathematics and strategic thinking? In 2006, congress outlawed internet gambling by making it illegal for banks and credit card companies to handle or process payments made to online gambling sites. As if that were not enough, congress made itself several loop holes.

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    • 15 August 2009

      Intertops Red Casino Going Public!

      Intertops Red Casino has announced they will be going public at the end of this month August. Here is the press release from them. August 14, 2009 – There is no scarcity for the Online casinos and the gambling sites today. Almost everyone with a little programming knowledge can develop Online casinos and gambling sites. The availability of the casino site scripts make it very easy to develop a site that can be called as an Online casino.

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    • 12 August 2009

      Judge Sides With Gambling911

       Score one for the side of the fun loving gaming industry. Judge Laura Swain of the Southern District of New York issued her ruling siding with Costigan Media, parent company of Gambling911. In her ruling, she has ordered the unsealing of the warrants and affidavits used in the seizure of $30 million in funds intended for online poker players.

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    • 11 August 2009

      Mitch Garber Interview

      Mitch Garber was CEO of Party-Gaming, the largest listed online gaming company in the world. He left in 2008, not because he had not been successful but because of the passing of the UIGEA bill at the end of 2006. And being that Party-Gaming was the most high profile and was hugely dependent on the US! When the UIGEA law passed Party-Gaming spent the weekend on the phone with lawyers on both sides trying to decide what to do next. The following Monday they decided to pull out of the US.

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    • 07 August 2009

      The Feds Have Filed New Charges Against Saga Online Payment Processor

      Our friends in the Federal Prosecutors Office for the Southern District of New York (SDNY) are at it again. This is the same office which ordered the arrests of NETeller co-founders John LeFebvre and Stephen Lawrence in 2007. They also froze $55 million of NETeller funds. What is the SDNY up to now? They have indicted a Canadian resident, Douglas Rennick, for money laundering, bank fraud, and operating an illegal gambling business.

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    • 06 August 2009

      Andreas Oscarsson Found Dead Update

      This is an update and more news on the tragic death of Andreas Oscarsson. He was shot to death somewhere between 10 pm on Sunday night and 10 am Monday morning in his childhood home in Trollhattan, Sweden. Compounding the tragedy, his little 2 year old son was probably in the room at the time of the shooting.The boy was in the room when the body was discovered. The police have been in contact with the boy’s mother, who lives on New York. She is expected to fly to Sweden.

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    • 05 August 2009

      Andreas Oscarsson Found Dead

      Flags in casinos and e-flags in internet gaming sites should be at half mast today. The gaming industry has lost a pioneer and a truly great man. Andreas Oscarsson, the 36 year old poker affiliate entrepreneur, was found shot to death in his bed in Sweden where he was visiting with his 2 year old son. He recently stepped down as CEO of the huge gaming portal PokerListings.com to spend more time with his son. His son was apparently not injured in the attack.Details of the crime are very sketchy.

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    • 04 August 2009

      Trump Returns to AC Casinos

      Donald Trump after filing bankruptcy is returning to the Atlantic City Casinos!What will this mean to the declining Casino in AC? Only time will tell. Trump and an affiliate of Bank of Nevada are buying Trump Entertainment. NEW YORK, Aug 4 (Reuters) – Real estate tycoon Donald Trump and an affiliate of Bank of Nevada will buy Trump Entertainment Resorts Inc (TRMPQ.PK) for $100 million, the bankrupt casino operator said, sending its shares up more than 79 percent.

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    • 04 August 2009

      10th Anniversary of iNetBet Online Casino

      iNetBet is celebrating their 10th Anniversary this year! This is an excellent achievement for an online casino! They were among the first casinos to go live online. Now you can even play their games on your cell phones, Palms, Pocket Pc and more.

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    • 01 August 2009

      New Casino in Pittsburgh Opening August 9th

      The maroon, and reds and all the earth tones, the Rivers Casino flashy machines will be calling all the casino goers from allover. It will have Nine Restaurants and bars and a multistory glass façade over looking the Ohio River. You can also see downtown Pittsburg and Mount Washington. With over 3,000 slot machines you will be in slot heaven The Ballroom and the sports bar will open later. “It’s a wonderful place.

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