From Delaware Online – Delaware has posted its proposed regulations for Internet gambling. The document is 27 pages of dry legalese, designed to cover every possible option that a would-be licensed agent and provider could conjure up. It’s pretty impressive stuff. But it won’t work. Not that there is anything wrong with the regulations. I’ll leave that to the lawyers and other professionals to decide. It won’t work in the sense that Delaware is trying to contain online gambling. The state wants controls and safeguards that would protect the public and the state’s interests. The dangerous word in those sentences…

From iGaming Business – Geolocation solutions innovator GeoComply Limited has signed a deal that will see it support giant online gaming operator bwin.party digital entertainment across desktop and mobile devices in the United States. Last year saw GeoComply open an office in Nevada and subsequently awarded with a Class III license by the Nevada Gaming Control Board. GeoComply stated that bwin.party selected its innovations due to their ‘ability to deliver on the high standards of compliance required by regulators in the United States’. “We are thrilled to have won this tender and to now be working with bwin.party in such…

From The Telegraph The film producer and Labour peer said the UK is in “desperate need” of cultural skills and talent, and taking advantage of the boom in placing bets via the internet could aid the industry. “We will need to find new ways to help support the arts,” Lord Puttnam wrote in the Yorkshire Post. “As many of you will be aware, there is enormous growth in the gambling industry, particularly online gambling, perhaps even, to some extent, displacing money spent on our National Lottery. “I would like to think that the proceeds of a point of consumption tax…

The Delaware online gambling regulations have been released in a draft, and the public will be permitted to comment on them until July 31st. Unlike in New Jersey and Nevada – the only two other states in the nation to pass similar legislation thus far – the Delaware Internet betting industry will be run by the Delaware State Lottery. In New Jersey and Nevada, the market is overseen by state gambling regulators. Delaware Online Gambling to offer Suite of Games According to the text of the regulations, which are currently only in a first draft form, the Delaware Lottery will…

From Press of Atlantic City A Las Vegas company that launched the first legal online poker site in the United States this year will partner with Trump Taj Mahal Casino Resort to bring Internet gambling to New Jersey. Ultimate Gaming’s alliance with the Taj Mahal comes as some Atlantic City casino operators race to line up Web-based partnerships to capitalize on the state’s new Internet gambling law. Other casino companies appear to be taking their time in making formal announcements about their partners or have not yet worked out their agreements. The New Jersey Division of Gaming Enforcement had given…

From Gambling 911 A rep for Carbon Poker, the flagship Internet poker room on the Merge Gaming Network, has confirmed that the company is looking very closely at offering the anonymous digital currency Bitcoin as a payment option. “I know Merge have been looking into the validity of using BC as a funding and withdrawal method for quite some time now,” a Carbon Poker rep posted on the TwoPlusTwo.com posting forum. That same rep alluded to concerns over regulatory frameworks and controls, something that could soon be addressed with news that the Winklevoss twins, who famously alleged that Facebook Inc…