Category: Online Gambling Stories
Concern Prompts Changes in Proposed U.K. Online Gambling Regulations
Casino Scam Report – Proposed changes in online betting in the U.K. has sparked concern that the new regulations, which shift taxes to the consumer end, could harm the nation’s gambling industry and even the British economy in general. The manner in which the British government regulates online gambling has been met with resistance from operators who fear a reduction in gambling and thus in their profits. Designed to protect gamblers, who in the U.K. are known as punters, the changes target operators who have attempted to reduce their expenditures by moving to jurisdictions where taxes are lower. One such…
Online Gambling Heats Up as UEFA Final Nears
Online-Casino.com – There will be a new dimension to the UEFA Champions League final in Lisbon as Real Madrid CF takes on Club Atlético de Madrid. The interest is centered around the fact that all of the big name contenders were put out of the competition leaving the championship to rivals from across town in Lisbon. The Union of European Football Associations represents the national football associations of Europe. The UEFA Champions League is one of the most prestigious tournaments in the world and the most prestigious club competition in European football. The final of the 2012–13 tournament was the…
Italian online sports betting operator suffers revenue drop
iGaming Business – Italian retail and online sports betting operator Sindacato Nazionale Agenzie Ippiche (SNAI) has cited a decrease in revenues from sports bets, horse racing bets and amusements with prizes as the main causes behind a slight dip in total revenue during the three months to March 31, 2014. The company reported total revenue of €142.4 million ($195.9 million) in the first quarter of 2014, a drop of 0.8% on the €143.6 million recorded in the same period last year. Adjusted earnings before interest, tax, depreciation and amortisation also fell 1.1% from €37.9 million in the previous year to…
California Native American Tribes On Board With Online Poker
Cards Chat – For many years, industry analysts pointed to California as being the gateway state for online poker to become legalized. After all, if the most populous state could pull it off, many believe that would lead to a domino effect for other states to get on board. But California’s Native American tribes who operate a monopoly for casinos have long opposed legalizing online gaming and online poker. Now, in a reversal of that long-held stance, the seven most influential tribes’ leaders have testified that they are ready to make it happen, assuming certain stipulations be met. For many…
Sheldon Adelson: “Why don’t we legalize prostitution? Drug addiction?”
Vegas Inc – Less than a week after spouting off about online gambling to a crowd at UNLV, Las Vegas Sands Corp. boss Sheldon Adelson stepped out from behind the curtain to speak again. This time, the GOP super-donor rapped with Bloomberg Television’s Betty Lui about his gambling empire in Asia, his crusade against Internet gambling and Ferris wheels. Here’s a look at some highlights from their conversation: “I’m saying, coming from the business, I want to make money from those who can afford it. I can’t tell over the Internet who is underage. I can’t tell who’s got financial…
Online gaming ban could affect tribal casinos
The Internet has changed lives in a number of meaningful ways. It has unleashed a great transformation that has allowed access to information and services through a swipe or a click. Over 85 percent of Americans use the Internet and there are over 900 million users of social media around the world on any given day. As the Internet continues to fuel innovation for American consumers, Tribal governments are rightly pursuing all online opportunities as instruments for economic growth. When Congress passed the Indian Gaming Regulatory Act (IGRA) in 1988 Federal laws governing gaming on Tribal lands did not exist….
















