Gambling News

  • 22 September 2011

    AGA Releases An Online Gambling Code of Conduct

    The American Gaming Association (AGA) president Frank Fahrenkopf has two simple questions:”…‘How much and for how long?’ How much money that we don’t know about is being swindled from US consumers and how long will it take before we change laws to protect those consumers?” This is in response to the DOJ calling Full Tilt Poker a “global Ponzi scheme” after amending the civil lawsuit showing that more than 20 owners and shareholders were paid up

    Read full article
  • 20 September 2011

    Full Tilt Poker a Global Ponzi Scheme According to Prosecutors

    More bad news regarding Full Tilt Poker was released today in the form of an amendment to the civil law suit filed against the company. The amendment claims more than 20 owners and shareholders were paid up to $443 million.

    Read full article
  • 19 September 2011

    Court of Justice Sides with Austria

    The European Union’s highest court ruled that Austria could ban foreign gaming firms from operating within its borders. This was a hard hit by online gambling companies trying to release the stronghold of national gambling monopolies. A few online gambling companies have brought this up legally by bringing some of the EU member countries to court. With revenue of €80bn last year, there is much money at stake and so far they have had little success in court against EU members.

    Read full article
  • 14 September 2011

    The Parliament of Schleswig-Holstein Passed Egaming Legislation

    In late August, opposition parties in Schleswig-Holstein requested that its ruling on a new State gambling treaty be delayed. At the time head of fiscal policy for the Green Party, Monika Heinold stated, “The aim must be a joint state contract.” Two days ago, Schleswig-Holstein, delayed its vote again at the last minute. Today the Parliament of Schleswig-Holstein took the first step by approving Germany’s first egaming legislation by a slim vote of 46-45.

    Read full article
  • 12 September 2011

    Massachusetts to Look at Online Poker

    Massachusetts has a bill in the legislature that is targeted to expand its land based gambling projects. Republican State Representative Dan Winslow filled an amendment on Friday however that would allow for online gambling in the form of online poker.According to Winslow, his amendment fits into the already proposed gambling bills and would provide an increase in state revenue, create multiple job opportunities and would give the public what it has been asking for, online gambling.

    Read full article
  • 06 September 2011

    Spain Has New Online Gambling Law

    Bad economic times are not just constrained to the United States. European country’s are also facing tough times and looking for ways to boost the bottom line. Some, like states are doing in the U.S. are looking at regulating online gambling as a way to so just that. In a press release Spain announced a new law on online gambling: VALETTA, Malta — (PRESS RELEASE) — Online gambling is growing rapidly in Spain. Therefore, the government is introducing a new law.

    Read full article
  • 30 August 2011

    Legal Online Poker in D.C.

    Maybe the U.S. Government is on an island of its own. Though they are standing strong against online gambling (so far), the people around them are now getting ready to “Shuffle up and deal!” The District of Columbia is moving forward with its plan to allow online poker within the next week or so.This plan will allow 20 or 30 districts to offer legalized online poker within the city limits. The only areas offering online poker will be in hotels and bars.

    Read full article
  • 23 August 2011

    No Online Gambling this Year in California

    According to Senate President Pro Tem Darrell Steinberg, online gambling in California is dead until 2012. This comes as a major disappointment to two Southern California tribes who have spent the better part of this year lobbying for the proposals that where on the table there. This news come on the way of a letter sent from Steinberg to representatives of tribes, card rooms, horse tracks, online poker groups and others who have showed interest.

    Read full article
  • 18 August 2011

    Is This the Year Congress Regulates Online Gambling?

    More rumors? More hope? Possibly, but it seems there is a chance that a bill that seeks to legalize online gambling in the United States could be headed to Congress by year end. It seems the momentum is building towards federal legislation with online poker leading the way.According to Roger Gross who is the publisher for Global Gaming Business magazine, the only issue will be how it is structured.

    Read full article
  • 09 August 2011

    Full Tilt Pays Overdue Licensing Fees

    The Alderney Gambling Control Commission (AGCC) announced that Full Tilt Poker has paid overdue licensing fees thus allowing talks to end its suspended license to move forward. Martin Heslop, Full Tilt Poker’s lawyer, justified not paying the fees by saying that the poker room never thought it would have its operating license reinstated by Aldernay. The AGCC claims Full Tilt Poker’s license is still valid, just suspended. Another hearing is scheduled for no later than Sept. 15th.

    Read full article