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…

New Jersey regulators edge closer to international business

iGaming Business – Regulators in New Jersey have moved a step closer to opening the US state’s online gambling service to an international audience after a new bill was approved by the state Senate Government, Wagering, Tourism and Historic Preservation Committee. According to the Associated Press news agency, the bill would allow casino regulators to oversee foreign online gambling companies if they were to move their operations to Atlantic City. Senator Reymond Lesniak sponsored the bill and said many overseas gambling companies are keen to gain approval from New Jersey’s casino regulators. “This could help make New Jersey the leader…

online gambling

Lesniak Addresses Online Gambling Marketing

Online gambling marketing in New Jersey has been “amateurish” so far.This according to New Jersey State Senator Raymond Lesniak, who is attending the iGaming North America Conference currently taking place in Las Vegas is a place. That conference has been billed as a place for industry insiders to dabble in prognostication, learning from one another, to exchange ideas, and even criticism. Lesniak, however, has had a particular criticism to bring to light, and he’s expressed his disappointment with the online gambling marketing in New Jersey has been “amateurish” so far.This according to New Jersey State Senator Raymond Lesniak, who is…

US Lawmakers to introduce legislation to roll back online gaming

Las Vegas Sun – Nevada and Delaware’s recent agreement to launch the nation’s first collaborative, interstate online poker zone appears to have drawn a backlash from gambling’s opponents in Congress, who are planning to drop a bill rolling back the legal opinion underlying the recent deal. Rep. Jason Chaffetz, R-Utah, is planning on formally releasing legislation to roll back the 2011 Justice Department reading of the Wire Act next week, when Congress returns to Washington. Unlike many recent online gaming bills, the legislation would include no carve-out for online poker; it would simply undo the Justice Department opinion that determined…

New Jersey Revising Tax Estimates For Online Gambling

Card Player – The New Jersey online gaming industry has been steadily growing since its inception in late November of last year. Despite this, the state is revising some of its projections on tax revenue from the new games. To put it simply, some predicted that the games would be more lucrative right off the bat than they have proven to be. Early predictions were that more than $1 billion would be reaped by the casinos from online gambling during fiscal year one. That would have netted the state around $180 million in extra tax revenue. According to the most…

Remote Gambling Association questions European Parliament’s online gaming stance

iGaming Business – Online gambling trade organisation the Remote Gambling Association (RGA) is “disappointed” at the European Parliament’s decision to single out internet gambling in a new Anti-Money Laundering Directive (AMLD). The European Parliament recently announced that it would adopt amendments to the European Commission’s proposal for a new AMLD. While the RGA said it “strongly supports” the objectives of the Directive, it is disappointed that online gambling has been identify as the one form of gambling where due diligence measures might have to be applied to all customers as soon as a business relationship is established. The association said…