- Gambling News
29 November 2011Online Gambling Companies Complain to EU over Greek Law
A complaint has been filed by online gambling companies with the European Union (EU) regulators against the new Greek revenue-raising law. The new law, according to the complaint would hinder betting firms who would want to start services in Greece.The European Gaming and Betting Association which represents some of the big names in online gambling including Bwin.Read full article
19 November 2011DOJ May Have Deal in Place For Sale of Full Tilt Poker
According to a Thursday article on CNNMoney, a deal was reached between Groupe Bernard Tapie (GBT) and the US Department of Justice. The article claimed that this deal was brokered by the DOJ and cleared the way for GBT to purchase Full Tilt Poker. The article however was taken down quickly after it was put up.An article on CBS news however has also posted an AP story that also claims that a preliminary agreement has been reached with prosecutors.Read full article
17 November 2011European Parliament Agreed on Online Gambling Resolution
Back in October, the European Parliament’s internal market committee adopted a resolution on online gambling. At the time Clive Hawkswood, Remote Gambling Association chief executive committed that“The most important questions are whether these recommendations will lead to any concrete action and, if so, when.Read full article
14 November 2011More Online Gambling Meetings Scheduled This Week in Congress
With one online gambling Congressional meeting done, a house panel plans to look deeper into the issue starting this week. The issue at hand is internet gambling and the efforts to legalize online poker.The Subcommittee on Commerce, Manufacturing and Trade has set a hearing Nov. 18th according to officials, there has not been a list of speakers released as of yet.The last subcommittee session last month talked about legalizing, regulating, and taxing online poker.Read full article
08 November 2011Gaming Policy Committee Revived in Nevada
“I hope to sketch a new road map for the journey ahead.” That is what Brian Sandoval, Governor of Nevada said as he announced that he will be reviving the Gaming Policy Committee at the State Bar of Nevada’s Gaming Law Conference. The committee is made up of 11 members and their discussions could eventually lead to the making of policy, decisions, regulations and legislation of the gaming industry in Nevada.Read full article
02 November 2011MGM Resorts Announces Alliance with Bwin.Party Digital Entertainment
With billions on the line, people like Donald Trump and the major casino companies are rushing to get into the right position to take advantage of if and when the United States regulates online gambling. The MGM Resorts announced this week their poker alliance with Bwin.Party Digital Entertainment, the company that owns Party Poker, the second largest online poker service worldwide and the World Poker Tour. Jim Murren, chief of MGM Resorts said in a statement; “MGM is proud to have bwin.Read full article
31 October 2011German Online Gambling Proposal Criticized
The rules for online gambling in Germany are changing and though it seems that Germany is relaxing its grip a little, it is not far enough according to the Remote Gambling Association (RGA) and some of Europe’s largest online gambling operators. Currently 15 of the 16 German States have a adopted a policy that will follow the French model that taxes all bets at 5%, far lower than the originally planned 16.67%. The total allowed licenses will also increase from the current 7 to twenty.Read full article
25 October 2011Internet Gambling: Is there a fair bet?
Internet Gambling: Is there a fair bet? – That was the name of the hearing today by the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trades. Hopefully this was another step towards regulating and legalizing online gambling in the United States. Some like Poker Players Alliance chairman and former Sen. Alfonso D’Amato (R-N.Y.) say it is inevitable. “The status quo is badly broken and benefits no one,” D’Amato said.Read full article
24 October 2011Donald Trump Looking for Legal Online Gambling in U.S.
What is the worst thing that anyone could do to Donald Trump…take money out his pockets and according to him that is exactly what is happening. It seems Mr. Trump, founder of a casino company in Atlantic City, says it’s time for the United Stated to take steps to approve online gambling. His company, Trump Entertainment Resorts, is making plans to be ready as soon as it happens by establishing its own online betting venue.Read full article
21 October 2011SubCommittee to Look at Online Gambling in U.S.
For U.S. online gamblers, it looks like the time is coming to make their case before Congress. Tuesday the House Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade has scheduled a hearing on U.S. online gambling. The panel will most likely be discussing the legislation introduced by Reps. Joe Barton, R-Texas, and Barney Frank, D-Mass but not specifically on online poker. Rep.Read full article