Gambling News

  • 13 August 2010

    NFL No Longer Opposing Legalized Online Gambling

    As we have been writing about, Barney Frank’s HR 2267 seems to be gaining a lot of strength since it passed the House Financial Services Committee mark-up session.  Since that day it has gained a new co-sponsor and now it has lost a major opponent the stood in the way of legalized online gambling. The influential NFL has softened its stance to legalized online gambling. The NFL has been linked to being a major influence in the passing of the UIGEA in 2006.

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  • 10 August 2010

    Ontario Also Looking at Legalized Online Gambling

    On Saturday, The Star Canada’s largest daily newspaper, reported that Premier Dalton McGuinty’s administration is facing a $19.7 billion budget deficit. Due to this, McGuinty is looking into the possibility of Ontario expanding into the online gambling industry. The government needs money, and sources say legalizing online gambling could bring in up to $500 million a year.

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  • 06 August 2010

    HR226 Gets Another Co-Sponsor in Congressman John Campbell

    Most are hailing the passing of HR 2267, The Internet Gambling Regulation, Consumer Protection, and Enforcement Act last week as a victory for getting some kind of regulation for online gambling in the U.S. The next step is getting the consideration of the full House of Representatives. Today that next step got more support in the way of Congressman John Campbell (R-CA) who added his name to the growing list of co-sponsors to the bill that now total 70. In last week’s hearing Rep.

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  • 04 August 2010

    Big Loss to Affiliate World

    Last week the industry lost a well known and well loved member: Alan Leonard, better known as The Captain.Allan was an affiliate since the early days 10 years ago, and most affiliates and affiliate managers are well aquainted with him.Allan had a brilliant, warm smile that will never be forgotten by anyone who met him. He was never shy to tell you that he loved you, and he was a most loyal friend, always there to help you and cheer you up.

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  • 03 August 2010

    888 Have Suitors For A Merge

    The merger between BWIN and PartyGaming which has resulted in the world’s largest online gambling firm has caused a ripple across the rest of the gambling industry. Online gambling firm 888 has now acknowledged it has been contacted by competitors looking to put together a similar plan. Chief Executive Gigi Levy told Reuters that, “This puts us in a position in which we are one of the best assets in the field — we got a few phone calls immediately from various people.

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  • 29 July 2010

    PartyGaming to Merge with Bwin Interactive

    It was announced today that two big powers in the European online gambling market will merge into one. In a reverse takeover, PartyGaming plans on acquiring Bwin Interactive in a deal valued at $1.76 billion dollars. This would create the world’s biggest traded online gambling company. According to Bloomberg, “The merged company, which had reported sales of 682 million euros, will be 51.

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  • 28 July 2010

    Barney Franks Online Gambling Bill Passes Mark Up Vote

    Step one passed with flying colors.  House Committee on Financial Services Chairman Barney Frank’s bill H.R. 2267 the Internet Gambling Regulation and Consumer Protection and Enforcement Act took a step today in trying to regulate online gambling in the United States. This bill would regulate internet gambling in the U.S. as well as require operators who have gotten a license to have safeguards in place to curb underage gambling and to help prevent problem gambling.

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  • 26 July 2010

    Online Gambling Bill Headed for Mark Up Vote

    Just like it was alluded to last week in the House Financial Services hearing Barney Frank’s H.R. 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act is moving quickly through the beginning stages and already has a mark-up set for Tuesday, July 27th. The hearing had its fair share of supporters and distracters with heated discussion’s coming from both sides.

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  • 24 July 2010

    North American Online Gamblers Still Waiting for PlayNow.com

    After the crash of the first North American online gambling site, PlayNow.com and the final admission of the B.C. Lottery Corporation that it had a privacy breach where over 130 players had their private information seen by other players, the government today said they have no idea when the site will reopen for business. Rich Coleman, the Housing and Social Development Minister did not give a timeline has to when the problem would be fixed and players could return to play.

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  • 22 July 2010

    Positive Hearing on U.S. Internet Gambling Regulation

    In three months the Unlawful Internet Gambling Enforcement Act (UIGEA) will turn 4 years old.  The regulations put in place to govern how to enforce this law just came into effect in June and now, finally, Barney Frank and his bill  HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act is moving forward to try and change it.

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