Category: Online Gambling Stories
Most States Implementing ‘Wait-And-See’ for Online Poker
Card Player – There are just three states with legalized and operational online poker — Nevada, Delaware and New Jersey. It appears very possible to remain that way when 2014 winds to a close. The aforementioned three have online poker industries in their infancy, which means strong revenues have yet to be realized. It’s unclear how much Nevada or Delaware have seen in online poker revenue, but New Jersey did recently release some figures on its fledgling system. The sentiment among the remaining states in the country with some propensity to authorize gambling seems to be a wait-and-see approach. After…
Interview: European Commission’s Group on Gambling
Poker News – The 6th Expert Group on Gambling meeting is taking place in Brussels, Belgium this month. Established in December 2012, the Expert Group on Gambling brings together officials from 31 countries* with the purpose of “establishing cooperation between member states’ authorities and the Commission on matters relating to gambling services,” as well as “advising and assisting the Commission in the preparation and implementation of policy initiatives relating to gambling service.” While the meetings were taking place, PokerNews reached out to Taivo Põrk, a specialist from the Entrepreneurship and Accounting Policy Department at the Estonian Ministry of Finance, to…
The 50-State iGaming Initiative
Poker News – Internet gaming (iGaming) saw major movement in 2013 as three states — Nevada, Delaware, and New Jersey — passed legislation legalizing various online games. Those pioneers are expected to inspire a domino effect, and many industry insiders expect that it’s only a matter of time before iGaming spreads across the country on a state-by-state basis. “Two years ago, I wrote that developments on the Internet are like dog years,” I. Nelson Rose, Professor of Law at Whittier Law School, said in a Casino Enterprise Management gaming forecast. “It might have taken five decades to go from complete…
New Jersey must build awareness of online gaming
Bloomberg TV – Tom Ballance, president and chief operating officer of Borgata Hotel Casino & Spa in Atlantic City, N.J., appeared on Bloomberg Television to discuss online gaming. On “In the Loop,” Ballance said the revenue generated by online gaming may take time to grow, and that he does not find the lower-than-expected online gambling revenues disappointing. “This is a business that has to build awareness,” he said. . WATCH VIDEO
U.S. Online Poker Legal Confusion Persists
Online-Casinos.com – Online poker in the USA has been transformed in the last few years after going through the legal hoops and rings of fire. Many people think the licensing of online poker in Europe and parts of America has made it a safe and problem free. The reality is far from that although the licensing of internet play for real money has done a great service to the consumer there are still issues in the process that need to be addressed. The most pervasive problem is the poker bot originally just a money printing opportunity created by developers they…
Iowa lawmaker supports online poker in state
Sioux City Journal – The Iowa Lottery has no plans to get into online gaming this year, but at least one lawmaker thinks it might be in Iowans’ best interest to offer online poker. Lottery Director Terry Rich reminded lawmakers Jan. 22 that state code allows the Lottery to offer online games. However, he has no plans to “put the full accelerator on” to pursue online gaming this year. “Internet gaming is booming,” he said, noting several states offer or are considering Internet games. A study for the Iowa Racing and Gaming Commission estimates the state could reap $3 million…















