Las Vegas Sun – Gov. Brian Sandoval isn’t sold on allowing Nevada to become the first state to permit betting on the presidential and other federal elections. “As I think through it, unless I’m convinced otherwise, it is not something I would support,” Sandoval said today. He described himself as “more of a traditionalist” when it comes to betting. “The state has done fine on sports and horse race betting and other events,” he said. The governor hasn’t taken a public position on the issue until now. State Sen. Tick Segerblom, D-Las Vegas, is pushing a proposal to open up…

Forbes – When Sheldon Adelson’s campaign against online gambling in America emerged last fall, some Internet gambling supporters dismissed his effort as misguided and confused. They pointed to the fact that the entire gambling industry except for Adelson was united in its support of extending gambling to the Internet. Some felt that few would take objections to online gambling on moral grounds seriously from a man who had made a huge fortune off of land-based casinos. Even Adelson’s comment that he was ‘willing to spend whatever it takes,” to stop online gambling was seen by some as a hollow threat…

West – Italians are the second in the world for money lost in gambling in relation to the per capita income: $400 each per year. Preceded only by the Australians with $795. Who, it must be said, on average earn far more than Italians. This is the result of analysis from the President of the Association “Centro Sociale Papa Giovanni XXIII” and explained in a video. Starting from the amount bet by Italian citizens in 2013 (€84.7 billion) and subtracting what returned into their pockets in the form of winnings (€67.6 billion), it has been found the total loss: €17.1…

iGaming Business – Mobile entertainment content provider PlayPhone has teamed up with TIM Brasil, the Brazilian subsidiary of telecommunications firm TIM, to launch its PlayPhone Games Store in the country. With the addition of TIM to existing partners, PlayPhone said that its social games store and global gaming network will now reach more than one billion mobile customers. The PlayPhone Games Store enables customers of the firm’s carrier partners to download and play a range of games with people around the world via a single application. With secure direct carrier billing, PlayPhone Games is personalised to each player’s gaming habits,…

iGaming Business – Online casino and bingo operator Gamesys it is to withdraw its real-money Bingo and Slots Friendzy application from social network Facebook after less than two years in operation. As reported by iGaming Business, Bingo and Slots Friendzy was the first real-money gambling app to launch on Facebook in August 2012. However, in a communication addressed to its players, Gamesys confirmed that the app would be shut down almost immediately and urged players to withdraw positive funds from their accounts. Gamesys, whose subsidiary Jackpotjoy operated the app, did not give any reason for the withdrawal while there have…

IB Times – For the first time, Britain will consider illegal enterprises, including drugs and prostitution, in its economic measurements, the Office of National Statistics announced Friday. The statistics office estimates that paying for illegal drugs and sex adds about £10 billion, or $16.7 billion, a year to the UK economy. That’s about 0.7 percent of Britain’s GDP. Officials say approximately £5.3 billion is attributed to prostitution and £4.4 billion pertains to the import, manufacture and consumption of illegal drugs like heroin and crack cocaine. Because some of these activities, such as prostitution, are legal in other European Union member…