New York Bill Would Legalize Internet Poker

An Orange County lawmaker has introduced legislation that, if passed, would legalize certain legalize internet poker, but only types of online poker games that are deemed to be contests of skill rather than luck. Currently, online poker is considered a game of luck and is illegal in New York state. The bill seeks to “amend the racing, pari-mutuel wagering and breeding law and the penal law, in relation to allowing certain interactive poker games.” According to the language of the bill, New York would authorize 10 online poker licenses. The licenses would come with a $10 million price tag and…

American Lotteries Oppose Federal Ban on Online Poker

Poker News – Sheldon Adelson’s opposition increased this week, as the North American Association of State & Provincial Lotteries (NASPL) issued a letter to Sen. Lindsey Graham, contesting his proposed federal ban on online poker. “Our Association believes, and is on record, that all gaming should be left up to the individual states to determine the games that are offered, as well as the manner in which they are being delivered to their customers,” writes NASPL Executive Director David Gale. “This is, and has always been, a state’s right to make these decisions as they relate to gaming within its…

Greece’s Online Poker Monopoly Is Not in Short-Term Plans

Poker News – As the Greek Organization of Football Prognostics (OPAP) announced its decision to focus on the creation of a new online sports betting platform in cooperation with GTECH, the risk of Greece running the next online poker monopoly in Europe is now considerably thinner. Although many thought Greece’s government could opt to close its market to international operators in 2014 and put a brand new monopoly in OPAP’s hands, the decision to focus on sports betting and not on poker is a game changer that is going to keep the country’s market open for a while longer. Even…

Regulation of online poker deals in IRS on winnings

Las Vegas Review Journal – Nearly a year after the launch of real money online poker in Nevada, there’s a new wave of players who must pay taxes on Web poker winnings from 2013. In the years before regulated online gambling, offshore sites that skirted the law to attract U.S. players may not have cooperated with the Internal Revenue Service. But the legislation passed in Nevada and two other states means that the IRS has the means to easily trace online winnings. Nevada’s first regulated real money site, UltimatePoker.com, launched in April 2013, and WSOP.com followed later in the year….

Online Poker Shared Liquidity Not a Priority for Europe

Poker News – If there will hardly be a pan-European online poker market before 2015, it’s about time Spain’s brick-and-mortar casinos start investing more in developing their online offer. A few months away from the new opening of the country’s regulated market, DLA Piper Spain partner and gambling specialist Albert Agustinoy Guilayn spoke to PokerNews about the future of the national gambling industry, highlighting some interesting opportunities for the future. Right when eGaming Review published a report that shows how over 40% of Spain’s online poker players are still active on non-licensed operators, Agustinoy Guilayn explained how the nearest future…

Online Poker Bill Introduced In New York

Card Player – The state of New York is again taking a hard look at online poker within its borders. A proposed law was introduced into the Senate on Friday, which calls for the authorization of online poker, a game referenced as one in which requires skill, and for the awarding of 10 licenses. Each license would be good for a decade, costing $10 million apiece. Revenues would also be subjected to taxes, which, if the bill passed right now, would be 15 percent. The proposal comes after New York voters last year said OK to a handful of commercial…