Gambling News

  • 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 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 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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  • 30 July 2009

    CryptoLogic and Centrebet Makes a Licensing Deal

    These to giants in the online gaming business have made a deal to join together in this new licensing deal. Centrebet is to launch at least 10 online slot games under this agreement.

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  • 23 July 2009

    New Jersey Governor Fight With the DOJ on Sports Betting Suit

    The U.S. Department of Justice, (in it’s infinite wisdom?), appears to be declaring war on the State of New Jersey. The DOJ has asked a U.S. District Court to block New Jersey Governor Jon Corzine from joining, and thereby lending his considerable influence to, a legal challenge seeking to lift a ban on sports betting from New Jersey and 45 other states. The DOJ claims that the Governor does not have the authority constitutionally to intervene.

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  • 23 July 2009

    Barney Frank Gets New Backing for Online Gambling Bill

    Much to Barney Frank’s surprise, he knew he was going to get more backing for the bill to legalize and regulate online gambling by throwing out the UIGEA Bill, but he did not know it would come so quickly. More to his surprise is that the support is coming from both the Democrats and the Republican Parties. Five new co-sponsors have joined the fight. From the co-sponsors, two are from New Jersey, one from New York, Connecticut and Idaho.

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  • 21 July 2009

    Possible Dealers Strike in Atlantic City

    According to the Associated Press there maybe a dealers strike in AC. Two casinos would be involved. They are saying they will hire replacement dealers if there is a strike. J. Carlos Tolosa stated, we take their threats seriously,” The United Auto Workers authorized the strike on Bally’s and Caesars. Alyce Parker the company spokesperson said, any actual recruitment and hiring would be done “when and if there is a strike.” Read the full story!

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  • 14 July 2009

    Slots at the Racetracks in Ohio

    I know the slot lovers in Ohio are thrilled to hear this news! They say this will bring into the state $933 million in fees and licensing over a period of two years. “We’re going to create a whole bunch of new jobs too,” said Keith Gisser, director of publicity for Northfield Park. “We’ll have to build a temporary facility (to house the slots).

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  • 08 July 2009

    iMEGA and the Third Circuit Appeals Court

    On Tuesday, lawyers for the United States Attorney General’s Office and Interactive Medias Entertainment and Gaming Association (iMEGA) held arguments in front of the third Circuit Court of Appeals in Philadelphia. What is at stake? Well it is the constitutionality of the Unlawful Internet Gambling Enforcement Act (UIGEA). The arguments ran the gauntlet.

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  • 07 July 2009

    Barney Franks Speaks Out at WSOP

    Barney Frank let his opinion be know Sunday at the WSOP, on the UIGEA Bill and where he stands, before he announced the traditional “Shuffle up and deal call.” He called the UIGEA Bill the “stupidest bill ever.” He also told of his plans to have it repealed in September, and is very optimistic that he will get it repealed, and removed from the law books.

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  • 05 July 2009

    Gambling Halls Shut Down in Moscow

    According to the Moscow Times all the Casino halls in Moscow has been raided and closed down by the Moscow Police. They had all been closed since last Wednesday, but one was still operating after the midnight deadline. In 2006 a federal law was put in force to restrict gambling to 4 regions of Russia. The police raided 440 of the 513 casinos on Tuesday and finished the rest on Wednesday.

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