Tag: online gambling
Queen’s speech: all gambling companies will need UK licence
From The Telegraph Online gambling firms will be required to hold a licence in Britain in order to advertise and sell their games to British customers under new laws. The Gambling (Licensing and Advertising) Bill aims to give customers more protection when using online poker and other websites operated by companies based offshore. Gambling operators based in Britain are already required to hold a Gambling Commission licence but overseas firms are currently regulated in the jurisdiction in which they are based. Under the Bill, announced in the Queen’s Speech, all operators selling or advertising to the British market – whether…
Land Based Casinos Brace for Impact of Internet Gambling
From ABC News With legal gambling now moving beyond the casinos and onto the Internet, the industry is bracing for the most far-reaching changes in its history. A Las Vegas firm, Ultimate Gaming, on Tuesday became the first in the U.S. to offer online poker, restricting it, for now, to players in Nevada. New Jersey and Delaware also have legalized gambling over the Internet and expect to begin offering such bets by the end of this year. And many inside and outside the industry say the recent position taken by the federal government that states are free to offer Internet…
PokerStars Wins Legal Delay in Casino Fight
A deal that would have given online-gambling giant PokerStars a chance to re-enter the U.S. market turned into a legal battle Monday as a judge agreed to temporarily block investment firm Colony Capital LLC’s attempt to terminate a casino-sale agreement with the company. A New Jersey Superior Court judge issued a temporary restraining order that prevents Colony from negotiating with other parties to sell its Atlantic Club casino in Atlantic City, N.J., for 10 days. A hearing is set for May 17, when the judge will consider a lengthier restraining order. PokerStars had agreed last fall to purchase the struggling…
PokerStars Still Wants to Buy Land Based Casino
The British parent company of the PokerStars website says it still wants to buy an Atlantic City casino, even though a deal to obtain it fell through on Wednesday. The Rational Group said Thursday night it wants to try to save its deal to purchase The Atlantic Club Casino Hotel. The casino said Wednesday the purchase deal was dead, but declined to say why. Eric Hollreiser, a spokesman for the Isle Of Man-based company, said it had expected the closing deadline for the sale to be extended. “Several days ago the Rational Group received a purported notice of termination of…
Delaware awards online gaming contract
From iGamingBusiness Three months after issuing a request for proposals for the provision of online gambling services, the small eastern American state of Delaware has selected a joint offer from Scientific Games Corporation, 888 Holdings and Williams Interactive LLC. Delaware received 14 bids from groups interested in serving as the ‘primary vendor’ to the Delaware State Lottery of online gaming systems and services including games such as keno, bingo and poker alongside other table and video lottery games and intends to launch its iGaming enterprise before the end of the year. The request for proposals also included the provision to…
MGM Assessing Costs of Online Poker in Nevada
MGM Resorts International CFO Dan D’Arrigo said the company was still deciding whether or not to launch online poker in Nevada and the state may be too small to provide a lucrative online market on a standalone basis. “We have to make an assessment on the cost to operate that space. We haven’t ruled it out, but we haven’t given it a green light either,” said D’Arrigo in an interview on Thursday. “We’re not going to be the first or a pioneer from the state’s perspective.” Nevada, which legalized online poker in Nevada back in February, became the first state…


















