The 50-State iGaming Initiative: Hawaii to Iowa

Poker News – Internet gaming, also known as iGaming, is spreading on a state-by-state basis. Nevada, Delaware, and New Jersey have already passed legislation and are reaping the tax benefits, while other states such as California and Pennsylvania are primed to follow in their footsteps. Despite efforts by Sheldon Adelson and his cronies, it seems iGaming is inevitable, but as I. Nelson Rose, Professor of Law at Whittier Law School, said in a Casino Enterprise Management gaming forecast, it’ll take time. “Two years ago, I wrote that developments on the Internet are like dog years,” Rose said. “It might have…

Uruguay Football Star Luis Suarez Joins 888 Team Pro

A few weeks after the room welcomed Sweden’s Sofia Lӧvgren and Canada’s Xuan Liu to its already impressive team of ambassadors, 888poker surprised many once more announcing to have inked a deal with Uruguay’s football superstar Luis Suarez. “It’s fantastic to have him on board,” said Senior Vice President of 888 Itai Pazner during a press conference held on May 13. “Luis Suarez is an incredible sporting talent; passionate, competitive, technically gifted, and emotionally invested in the game. It’s those qualities that make him an exciting player to watch, in poker as well as football,” Pazner continued. The 27-year-old Luis…

online gambling

The Growth of Poker in the United States

Black Friday and its aftermath have had quite an impact on the growth of poker and the US gambling market, poker in particular. The regulations which forced some of the biggest poker sites to leave the United States caused numerous problems, financial and otherwise, for sites and players who depended on the poker income. But it also left a big gap waiting to be filled once the required regulations are passed and the climate becomes more favorable. During the last year or so, things started to change for the better from that perspective, with a couple states passing acts and…

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…

Facts About Money Laundering and Online Poker

Online Poker Report – One of the points Sheldon Adelson and his cohorts have been trying to drive home any chance they get is how online gambling sites can be used to launder money by everyone from drug cartels to terrorists. But is this really the case? And perhaps an even better question to ask is, does regulation increase or decrease the ability of shady characters to launder money online? It’s not that the reports Sheldon Adelson and the Coalition to Stop Internet Gambling are citing are false. It’s the way in which Adelson and company are presenting these findings…

Horse Racing Socially Acceptable, Sports Betting & Poker Forced Underground

US Poker – The dust has settled from the 140th Kentucky Derby. California Chrome celebrated in the winner’s circle on Saturday. Bettors that picked California Chrome to win took home $2.50 for every $1 bet.  Many other wagers were placed on the annual betting tradition. Churchill Downs held a large portion of the action. Win, place and show bets saw a 17.5 percent hold. Exotics had 22% taken from the prize pool. This was up from 16 percent and 19 percent in 2013, respectively. Churchill Downs booked $186.6 million in bets on Saturday across the entire race card. Winning bettors…