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Want to know what is going on in the gambling industry? We got the leading edge, delivering inside stories on land based and online casinos. Be in the know with local and international news that are making headlines.
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Gambling News Details Released of Bwin and PartyGaming MergerRead Full ArticleIn press releases separately put out by both companies today, bwin and PartyGaming have released details of their merger plans. In the press release from bwin, Norbert Teufelberger, Co-CEO of bwin explains, “The online gaming industry is going through a phase of consolidation, making market players’ size and geographic diversification more crucial than ever.” The new company will operate worldwide with its existing brands under the name of bwin.
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Gambling News Legalized Gambling in U.S. Running Out of TimeRead Full Article“On behalf of the millions of Americans who play online poker, I am disappointed Congress has not acted to implement important licensing and regulation of this growing industry. Not only will this include valuable consumer protections, but it also will pump much needed funding and jobs into the weakened U.S. economy.
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Gambling News Probation For BetOnSports, Norman SteinbergRead Full ArticleNorman Steinberg, co-owner of Millenium Group, a subsidiary of BetOnSports, which was shut down by federal prosecutors in 2006, came to the U.S. this week and was sentenced to 3 years’ probation which is to be served from his home on Costa Rica, a $10,000 fine, no restitution and is unrestricted to travel anywhere in the world. This is a far cry from what the other people who were related with BetonSports got from the U.S. prosecution.
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Gambling News Pennsylvania Lottery: Online Poker Bill Could Decimate SalesRead Full ArticleIt looks like there is a lot of shots being fired of late over the possibility of a bill getting added to a must pass legislation that will legalize and regulate online poker in the United States. The bill is being pushed by Senate Majority Leader Harry Reid and seems to have the backing of the U.S. casino industry. Not everyone however is for this legislation and the Pennsylvania Lottery published a press release Wednesday offering their views as to why it should not get pushed through.
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Gambling News Will There be Legal Online Gambling in the United States?Read Full ArticleIts seems like those of us in favor of regulated online gambling are on pins and needles lately, much like in 2006 when things looked like and eventually did go the other way with the passing of the UIGEA. Every day there seems to be a little more information coming out as to the possibility of having some sort of legalized online gambling in the United States before Congress adjourns.This week, casino industry’s top trade group, The American Gaming Association, said that it supports U.S.
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Gambling News New Jersey Online Gambling Bill Passes Step TwoRead Full ArticleIn hopes of reviving the state horse racing industry and boosting the revenues of the Atlantic City casinos, there was almost a dozen bills that legislators voted on that drew bipartisan support Thursday as they are trying to send as many bills to the desk of Governor Christie’s by years end as possible.The Assembly Regulatory Oversight and Gaming Committee Assembly voted to approve a bill that would make New Jersey the first state to legalize online gambling in the United States.
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Gambling News California to Vote on Online Poker...AgainRead Full ArticleA new session for the California legislator started last Monday and already there is legislation being pushed to legalize online poker. Two southern California tribes are behind this push, the Morongo Band of Mission Indians and the San Manuel Band of Mission Indians. These tribes are among the leaders of a new group called the California Online Poker Association.This bill introduced by Sen.
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Gambling News DC Council Approves Online Gambling AmendmentRead Full ArticleThe federal government may be working hard to finish the year with some sort of legal online gambling but it seems the local Washington government is not waiting anymore. The D.C.
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Gambling News Senator Reid Pushes Online Poker BillRead Full Article
It seems that Senate Majority Leader Harry Reid is the man behind the scenes pushing for legislation during this lame duck session that will allow online poker to become legal in the United States.
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Gambling News Betfair To Offer Online Gambling in CaliforniaRead Full ArticleBetfair is taking advantage of a law passed in September in California to open an office and start taking exchange bets on horse racing. California was the first in the nation to legalize exchange wagering and the law will take effect in May of 2012. New Jersey also has recently passed a law to allow this kind of betting on horseracing as well. Exchange wagering in horse racing allows a person to bet on a horse to win or lose even after the race has started.
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Gambling News Full Tilt's Rush Poker Mobile Removed from Android MarketRead Full ArticleThere was a rumor back in October of 2009 that Full Tilt Poker was releasing a real money poker app for the Android. In November of this year, the app was officially dropped into the Android market. Now, it did have its limitation as only Android 2.2 owners could download it because of the Adobe Flash requirement but it was launched. By most reviews we have come across, the app, Rush Poker Mobile worked as expected.
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Gambling News Online Gambling Showing Strong GrowthRead Full ArticleIf you are interested in how people behave online, one of the best companies to look at is comScore. They are one of the leaders when it comes to measuring what people do in the digital world. In their latest media metrix released it seems that online gambling is not a fading interest in the U.S. despite government efforts. There was an increase over the summer during the World Series of Poker in July.
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Gambling News Cyprus Looking to Ban Online GamblingRead Full ArticleLegalizing online gambling has been a constant battle not only in the United States but also in countries around the world.
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Gambling News New Jersey Senate Approves Online GamblingRead Full ArticleNew Jersey is one step closer to having a policy in place for intrastate online gambling. The New Jersey Senate voted 29-5 to pass the bill that would allow Atlantic City casinos to offer their games to New Jersey residents as well as to those that live outside the United States. The bill still has a few more hurdles to go, it now has to pass a vote by the State Assembly and the Regulatory Oversight and Gaming Committee, then actually get signed by Governor Christie.
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Gambling News Lame Duck Session Opportunity for Online GamblersRead Full ArticleNow may be the time for people in favor of online gambling to have their voices heard. The current legislative session has only a month left and some say that since this is a lame duck session, now may be the best opportunity to contact your local Representative to have the US online gambling laws changed.It was this same lame duck situation in 2006 that got the Unlawful Internet Gambling Enforcement Act passed.
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Gambling News Rumors eWalletXpress Leaving US Market Over Federal WarrantsRead Full ArticleAccording to some reports, one of the last remaining U.S payment processors, eWalletXpress, has stopped processing U.S. transactions. As of last Friday, those U.S.
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Gambling News New Jersey One Step Close to Online GamblingRead Full ArticleOn Monday, New Jersey came one step closer to regulating online gambling within the state. State Senator Ray Lesniak’s bill passed the Senate Budget and Appropriations Committee by an overwhelming 10-1 vote and now will become considered by the full Senate. S-490 would allow Atlantic City casinos to offer online versions of their games. The bill is aimed to help support the states horse racing and casino industries who have had trouble making it in these troubled economic times.
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Gambling News Foxwood Casino Developing Online Gambling VentureRead Full ArticleIt looks like another big brick and mortar casino is looking into building its own online gambling site. The Mashantucket Pequot Tribe owed Foxwood Casino announced that’s its developing department, Foxwoods Development Company LLC, is planning to partner with Goodson Gaming to build its own online gaming presence.
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Gambling News Another Push for NJ Online GamblingRead Full ArticleIt seems just like in Florida and California as well as some Canadian provinces; New Jersey needs to bring in some money to the state treasury. Also just like these other places they are looking at online gambling to do it.
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Gambling News Time Served for Michael Olaf SchüttRead Full ArticleThe 29 year old Naples man, Michael Olaf Schütt was staring down 30 years in a federal prison for money laundering. Schütt has been accused of funneling millions of internet poker money through multiple bank accounts. Instead he is now looking at a plane ride back to Germany, all though not with his American wife, after cooperating with the feds and negotiating a “substantial assistance agreement” in his case.
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Gambling News Betfair Next Online Gambling Company to Leave the UK?Read Full ArticleThe UK has some of the most liberal laws concerning online gambling in the world. They have enacted some of the most comprehensive and fair systems regarding regulation and operations but all this has come at a price in the means of taxation and the horse racing levy. This taxation is now causing some companies to consider leaving the legal umbrella in the U.K. For some companies that are walking the line between profit and loss, the tax in the U.K. can be a big hurdle to overcome.
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Gambling News State of Washington Seizes $553K From Online Payment ProcessorRead Full ArticleIt didn’t take long after the Sept. 23rd decision by the state of Washington’s Supreme Court that their ban on online gambling did not violate the U.S. Constitution for their federal prosecutors to seize $553,000 from Secure Money, Inc. Prosecutors asked a U.S. District Court judge to order the balance of 6 bank accounts they say are associated with the Canadian company to be forfeited to the government. According to a civil complaint filed on October, Secure Money, Inc.
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Gambling News Microgaming, Cryptologic & BetsoftGaming Partner with NYX InteractiveRead Full ArticleNYX Interactive is an award winning provider of innovative software solutions for the e-gaming industry and in the last couple weeks has been establishing partnerships with some of the leading online gambling software providers in the industry. NYX offers such products as bingo, casino, sports betting, poker and lottery. The Sweden based company announced on Oct 18th, 2010 that they had reached an agreement with BetsoftGaming for the provision of its Slots3TM games.
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Gambling News Online Gambling at Harrah'sRead Full ArticleThere has been big news coming out of the world’s largest casino company, Harrah’s Entertainment this week. One that will directly involve online gamblers and one that will help the company take advantage of any changes financially. It was announced finally after rumors have been heard for a while that this month Caesars Online Casino will be re-launched by Harrah’s using JackpotJoy as the new software behind the site.
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Gambling News Update: GoWildCasino Police RaidRead Full ArticleAccording to an affiliate program representative posting at the Affiliate Guard forum, there was an issue regarding Go Wild Casino and the police but it is all do to a “vengeful ex-employee that was recently dismissed”. Also expected soon is a press release from Microgaming and Go Wild.
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Gambling News GoWildCasino Raided?Read Full ArticleAccording to two Belgrade newspaper reports dated yesterday, Serbian police in an operation they called “Atlantis” arrested a group of foreign nationals that they say were running an online gambling operation in Serbia without permission. One of the sites allegedly said to be operating in Serbia and has since been seized is the popular GoWildCasino.
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Gambling News New Jersey Looking at Intrastate Online GamblingRead Full ArticleWhile the federal government is slowing grinding away at regulating online gambling and the courts deciding that regulating online gambling will be left up to individual states to decide, several states have been trying to work something out including Florida, California and New Jersey. New Jersey Governor Chris Christie has come up with two expansions to help save the New Jersey gambling industry and hopefully help bring his state much needed revenue.
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Gambling News Nova Scotia Says No to Online GamblingRead Full ArticleBritish Columbia was the first to launch a legal online gambling site in North America with their playnow.com site. Ontario and Quebec are also getting ready to follow B.C.’s footsteps. If you remember, Nova Scotia, was right on the heels of this online gambling bandwagon. Back in late August, Finance Minister Graham Steele said it was time that Nova Scotia had its own online gambling for the good of the people.
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Gambling News William Hill Teams Up with Iovation for Fraud ProtectionRead Full ArticleOne of the UK’s biggest bookmakers, William Hill is teaming up with Iovation and their ReputationManager 360 software in their fight against fraud. According to a press release today: Iovation, the device reputation authority protecting online businesses from fraud and abuse, announced that William Hill, the UK’s leading betting and gaming company, has adopted iovation ReputationManager 360 as part of its overall fraud prevention strategy.