Bloomberg – The Josh Harris-controlled Philadelphia 76ers and New Jersey Devils signed a multiyear marketing agreement with partypoker, becoming the first major U.S.-based professional sports teams to align themselves with online gambling. The agreement with the unit of Gibraltar-based Bwin.Party Digital Entertainment Plc (BPTY), the teams and Prudential Center, home to the Devils, comes about a year after New Jersey legalized online gambling, which is expected to be a $7.4 billion business in the U.S. by 2017, according to the research firm H2 Gambling Capital. Nevada and Delaware are the only other states to allow online gambling. “This is our…

Bleacher Report – Construction is a constant in Las Vegas, where older resorts are frequently demolished to make way for newer, spiffier ones and the vast desert surrounding Sin City is always a target for expansion. But the latest news regarding development on the Strip could have implications reaching far beyond slot machines, night clubs and the influx of bachelor/bachelorette parties—and into the realm of the NBA. According to the Associated Press (via ESPN), former NBA player-turned-businessman Jackie Robinson is spearheading a privately funded $1.3 billion project to build a brand-new hotel-arena complex next to the under-construction SLS Hotel and the unfinished…

Las Vegas Sun – CG Technology says it has reached a tentative settlement with the Nevada Gaming Control Board over allegations the company, formerly known as Cantor Gaming, was lax in its oversight of employees and kept inadequate records. News of the tentative settlement for an undisclosed amount was announced late this afternoon, after an 18-count regulatory complaint was filed by the board. The complaint landed just hours after Cantor officially announced its new name. The board’s investigation began after the October 2012 indictment of a company executive accused of operating an illegal sports gambling enterprise. Michael Colbert, former director…

iGaming Business – Lord Howard has resigned from his position as chairman of the UK racecourse operator Arena Racing Company (ARC). Former leader of the UK’s Conservative party, Lord Howard was first appointed to the position in 2008 and retained the role when Northern Racing merged with Arena Leisure in 2012, as reported by iGaming Business. Tony Kelly, ARC’s managing director, said Lord Howard’s decision to resign was ‘not related’ to the company’s business or polices. “We are sad to lose Lord Howard as our chairman but I understand that his decision is not related to the business or policies…

Online-Casinos.com – Many of the worlds gambling jurisdictions have accepted the fact that the internet and gambling on it is here to stay and there is little some governments can do to curtail it. On the North American continent there are three major areas that produce millions of bets per month coming from Mexico, Canada and the USA. South America represents an enormous market in many countries on that part of the planet. Europe and its Union holds the key to a successful understanding of a workable universal platform for the regulation of online gambling. Then there is Asia which…

Compatible Poker – The Governor of New Jersey, Chris Christie, agrees that the price tag on pursuing the legalization of sports betting in the state is hefty, but he says that the cost is worth it in the long run.  According to Matt Friedman, a reporter for the Newark Star-Ledger, the state is expected to pay over $2.3 million to legal firms to help overturn the federal Professional and Amateur Sports Protection Act (PASPA), with New Jersey using firms “that employ some of the biggest names in the legal world”. At least one media outlet has justified these high costs, however….