In a surprise move by federal prosecutors in the United States the popular betting site Bodog was seized by federal regulators and four Canadians have been indicted. The indictments included Bodog founder Calvin Ayre. The four are charged with illegal gambling that generated more than $100 million. The federal indictments are very similar to last [...]
The internet gambling industry is Europe is growing rapidly and several EU nations have liberalized their internet gambling laws. Spain is one of the latest countries to legalize internet gambling. Currently Spain is facing a massive deficit, social unrest because of austerity measures and an unemployment rate of about 20%. Spain recently regulated the country’s [...]
South Carolina has been targeted by lobbyists for large gaming interests who say that legal gambling will bring jobs and revenue to the state. According to the lobbyists gambling would bring in hundreds of millions for depressed areas in the state. Native American casinos have been proposed by lobbyists for the Piedmont and the Lowcountry. [...]
Internet gambling may spark a fierce battle between congress and the states. According to one Washington DC councilman who supported the district’s entry into internet gambling casino interests have teamed up with congress to suppress legal intrastate gambling. The battle started after the DOJ released a memo in December that cleared the way for individual [...]
The ongoing recession has many looking for ways to make money. In gambling centers across the US a new kind of visitor has emerged. They are known to some as ‘voucher vultures’ and they scan casino floors for slot machines with credits that have not been claimed. Gary Bemsel has turned this new phenomenon into [...]
The United Kingdom has one of the most successful regulated internet gambling markets in the world. Instead of following the prohibitionist policies of many countries including the United States the UK chose to legalize, tax and regulate internet gambling. The move has benefitted the government which has collected millions, if not billions, in taxes from [...]
Malaysia based Genting has ramped up efforts to build a mega casino in Miami Florida. The firm has already snapped up two parcels of prime Miami real estate for the resort and casino project. The proposed Miami mega casinos have been the source of contentious debate in the Florida legislature. The casino proposals have also [...]
The gambling industry in the UK is well established and provides thousands of living wage jobs. In addition to casino and bingo hall workers gambling also creates jobs in other industries that serve the gambling industry. The internet gambling industry has also created thousands of jobs. Bingo halls and casinos must be supplied by a [...]
Last year Washington DC seemed to be on track to be the first jurisdiction in the United States to offer legal internet gambling. Its program, iGaming, would have been the first in the nation and offered Texas hold ’em poker, blackjack and bingo. Last week the DC council reversed course and because of criticism that [...]
While the internet gambling industry celebrates the recent Department of Justice ruling that opens the door for internet gambling in the United States tribal gaming companies are concerned that internet gambling could cost their casino operations big bucks. Native American tribes have made billions from legalized gambling in several states and stand the most to [...]
