US Internet Betting

Bills to Ban Online Gambling Introduced in US Congress

Lawmakers from both the Republican and Democratic parties who want to ban online gambling have introduced legislation in the House and Senate. According to the Associated Press news agency, the bills are aimed at reversing a decision in 2011 by Attorney General Eric Holder that a 1961 law used to ban internet gambling only applied to sports betting. The new bills would expand prohibition to where it originally stood before the 2011 ruling. New Jersey, Delaware and Nevada are the only three states to have legalized online gaming since the 2011 ruling, but a number of other states have also…

Ladbrokes goes live with Playtech products

iGaming Business – UK bookmaker Ladbrokes has successfully launched the full range of products from online gaming software supplier Playtech across its digital platform. Ladbrokes said that the move to Playtech was part of a “wider revamping” of the Ladbrokes digital business to give customers a better experience on mobile or desktop for its sportsbook and casino services. The successful launch has led to the withdrawal of the existing casino software and games portfolio from the Ladbrokes.com and Ladbrokes.dk domains. Ladbrokes said that as well as adding the Playtech products, it has also made improvements to the ‘Vegas’ tab by…

Texas Governor pushes ‘time-out’ for online gambling

The Hill – Texas Governor and potential presidential candidate Rick Perry wants Congress to step in to prevent online gambling. In a letter to Congressional leaders and the House and Senate Judiciary committees sent Monday, Perry asked Congress to reverse a 2011 Department of Justice interpretation of the Wire Act that opened the door to legalized online gambling in the states. “Congress needs to step in now and call a ‘time-out’ by restoring the decades-long interpretation of the Wire Act,” Perry wrote in the letter. Even as members of Congress battle over whether or not to legalize online gambling at…

US Online Gambling Market Estimate Cut 30 Percent

AP – Morgan Stanley lowered its estimate of the U.S. Internet gambling market on Tuesday to $3.5 billion by 2017, down from a previous forecast of $5 billion. The Wall Street firm cited worse-than-expected technical issues in its projection, but said it’s optimistic about the new industry’s long-term prospects. It forecast an $8 billion market by 2020 compared to its initial $9.3 billion estimate. “While we remain bullish on the online gaming opportunity in the U.S., we are lowering our estimates to better reflect the insights we have gained following the first few months of operations in New Jersey, Nevada…

online gambling

Online Gambling Ban Bills Drop This Week

Capitol Hill conservatives are bracing for a fight they do not want to fight: An online gambling ban, being pushed by Las Vegas mogul Sheldon Adelson. The fight begins as soon as companion bills are filed in each chamber before the end of the week by Sen. Lindsey O. Graham (R.-S.C.) and Rep. Jason Chaffetz (R.-Utah). The bills were written by the staff of the Coalition to Stop Online Gambling, the advocacy group funded by Adelson, who has pledged to “spend whatever it takes” to see the legislation passed. What gives this fight the “#awkward” is the huge give and…

Optimal Payments agrees Borgata partnership

iGaming Business – Online payments provider Optimal Payments has entered into a partnership with the Borgata Hotel Casino & Spa in New Jersey provide its NETELLER service to the operator’s online gambling customers. Under the deal, the NETELLER service will be available to customers of the BorgataCasino.com, BorgataPoker.com and nj.partypoker.com websites. Users will be able to access their funds through their NETELLER and NET+ Card account, which Optimal Payments said can be used worldwide both online and at point-of-sale. “With Optimal Payments’ NETELLER service, we can increase conversions while delivering an enhanced customer experience, securely and confidently,” Borgata Hotel Casino…