Mobile Gaming Set to Grow at 19% Average Per Year

From PR Newswire – The latest figures provided by MobileCasinos.co show that the mobile gaming market is set to grow at a rate of 19% per year up until 2016. The huge growth of the mobile gambling market in 2012 and 2013 is expected to continue over the new few years, with more companies such as W3i investing in native iOS and Android operating systems. According to the latest statistics provided by the owners of MobileCasinos.co, mobile gaming is set to grow at an average rate of 19% for smartphones and just under 50% for tablets. Smartphones games will hit $13.9…

Illinois law seizes gambling winnings from child-support deadbeats

From The State Journal-Register – Child-support deadbeats who like to gamble could be in for a surprise when they try to cash in their winnings. Gov. Pat Quinn has signed into law a bill that allows gambling winnings to be seized to pay past-due child support. The bill is effective immediately. Under the bill, larger winnings that are required to be reported to the Internal Revenue Service on form W-2G can be seized to pay overdue child support owed by the gambler. Those winnings include things like $1,200 or more from a slot machine or $600 on a $2 bet…

Poker Entertainment Network to Launch in December

From Gambling911 – A cable network dedicated to the poker industry, Poker Entertainment Network, is scheduled to launch in December 2013. Gambling911.com is the first media outlet to break this news. An official release was anticipated later in the day on Monday. The network will feature poker tournaments, news, original programs, reality television shows involving poker and films related to poker. PEN will be airing 24/7. A Facebook page has also been launched here.

Vietnam a gambling getaway?

From Thanh Nien News – Unlike Singapore, Vietnam does not have what it takes to become a major gambling destination, experts say. The five-star casino-resort The Grand – Ho Tram Strip, which opened on July 26  in Vung Tau as part of a US$4.2-billion tourist development aimed at attracting foreign visitors, has become the sixth casino in Vietnam. A casino-building spree seems looming across the country, where entry barriers for foreign investors are much higher than in neighboring countries, as the government looks to significantly boost tourism and tax revenues amid the economic crisis. Vietnam has been on the interest…

Singapore to Curb Civil Servants’ Casino Visits

From Bloomberg – Singapore is planning to tighten rules for public servants visiting the city’s two casinos after a handful of corruption charges against government officials in the past year. Civil servants who go to the gaming halls “frequently” or those who buy annual passes will be required to declare such visits, Teo Chee Hean, Singapore’s deputy prime minister, said in Parliament yesterday. The city has a S$100 ($79) daily levy or S$2,000 annual tax for citizens and permanent residents entering the casinos. Plans for the casino rules come after a number of corruption charges against senior government officials in…

Despite Rumors Adelson Hasn’t Changed Mind on Internet Gambling

From Card Player – Internet rumors swirled over the weekend that Las Vegas Sands Corp. owner Sheldon Adelson had reversed his anti-web poker position. However, those reports are false, according to a person who has been covering Adelson for quite some time. Prominent Las Vegas reporter Jon Ralston Tweeted Saturday: “Yes, people often get stuff wrong on the Internet. Adelson folks tell me he is as committed as ever vs. web poker.” In June, Adelson penned an editorial for Forbes, in which he said online gambling could bring a “plague” “to our society.” He finished the op-ed by calling the…