From Wall Street Journal Online casino gambling has become a potentially big player in the U.S., with three states passing—and others considering—laws allowing some form of it. The only problem: how should regulators deal with firms that have come under scrutiny or operate in so-called gray markets? 888 Holdings Based in Gibraltar but owned in large part by its Israeli founders, 888 has big ambitions in the U.S. with partnership deals already with casino companies and a slot machines maker. With backing from investment firm Avenue Capital Group, it plans to spend more than $100 million to market its own…

The folks who write the checks that help keep Atlantic City’s casinos afloat say internet gambling can help revive the market’s flagging fortunes. Speaking at The East Coast Gaming Congress Wednesday, a panel of Wall Street analysts said the investment community views Internet gambling as a way to finally end the city’s seven-year losing streak. The state plans to offer online bets by the end of the year. “I’m probably one of the more bullish people on this,” said David Berman, senior managing director of Macquarie Capital. “It’s a big boon for Atlantic City and New Jersey.” Internet gambling will…

From iGaming Business Following the publication of draft gaming legislation by the Dutch Ministries of Justice and Finance yesterday, organisers of next month’s Gaming in Holland Conference have announced details of an expanded programme of events. Hosted in association with the iGaming Supershow in Amsterdam, the two-day event will feature a host of top speakers shaing their insight into the Dutch market. The Confernece will now start at 3pm on Monday June 10 with Legal and Tax experts dominating the discussion. The line up of speakers will include Drs Benjamin Jansen, Justin Franssen, Frans Duynstee, Pedro Fernandez, Simon Holliday and…

From Gambling 911 (Reuters) Ladbrokes said as many as 100 employees at its headquarters in Harrow could lose their jobs as Britain’s second-largest bookmaker transfers a number of roles to its operation in Israel, set up as part of its agreement with gaming software developer Playtech. In March, Playtech and Ladbrokes, which has struggled to keep up with the online offering of UK market leader William Hill, finalised an agreement for the former to advise and assist the bookmaker with its digital services for an initial period of five years. Ladbrokes Israel began operations at the start of the month…

From Poker Fuse   The following in an excerpt from a pokerfuse PRO exclusive article titled Areas of Risk for Future Litigation in NJ iGaming Regulations published yesterday. —————- Players are required to obtain a separate gaming account for each casino licensee with whom they register, but are not permitted to have more than one account with each casino licensee. There was speculation that the regulations might require players to appear in person at Atlantic City casinos to verify their identify and register for an online account, but the proposed regulations allow customers to sign up for online gaming accounts…

From iGaming Business The second annual Gaming in Holland Conference is taking place on the 10th June 2013 and is a part of the iGaming Super Show, which is being held in Amsterdam on the 11th – 14th June 2013. “The iGaming Super Show is a phenomenal trade show, and when we found out they were coming to Amsterdam we immediately teamed up with them. Our target audiences have strong overlaps, and we wanted people to be able to save time and money by attending both events in one trip,” said Willem van Oort, Conference Producer for Gaming in Holland….

From iGaming Business Online gaming provider bwin.party digital entertainment has released an interim management statement regarding its financial performance over the three months to the end of March showing that the firm experienced a 17 percent year-on-year drop in total revenues to €180.2 million ($231.8 million). Gibraltar-based bwin.party stated that the fall in first-quarter revenues was due to ‘the introduction of a five percent turnover tax on sportsbetting in Germany’ along with a ‘significant reduction in acquisition marketing in several dotcom countries’ and ‘lower than expected’ poker and casino player activity ‘following the dotcom migration’. The operator declared that ‘clean’…

Researchers warn a new wave of simulated gambling applications are aiming to hit the jackpot with a new generation of younger gamers. Gambling researchers say some games are deliberately designed to appeal to kids as young as 12 and they are seeing more young people trying gambling because of the ease of access brought about by the internet. In 1999, research from Southern Cross University found among adults online gaming was only 0.6 per cent of the market, compared to 8.6 per cent now. Former gambling addict Dylan Gee was just 17 when he became hooked. “A pop up came…