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Archive for the 'Gambling News' Category

Online Superbowl Bets

Friday, February 3rd, 2012

On February 5th the most anticipated sporting event in the United States will take place; the Super Bowl. This is the biggest and most watched football game of the year. Over half of all American adults will place bets on the outcome of the game between the New England Patriots and the New York Giants. [...]

Atlantic City To Get Much Needed Facelift

Thursday, February 2nd, 2012

At the most recent meeting of Atlantic City’s Casino Reinvestment Development Authority the document that sets the framework for the gambling Mecca’s newly created tourism district was unanimously approved. Atlantic City has experienced a drop in the number of visitors partially because of competition from newly opened casinos in Pennsylvania. The board voted 14-0 in [...]

The Evolution of Gambling

Thursday, February 2nd, 2012

Gambling in the United States has a long and colorful history. Humans have gambled since prehistoric times and dice have been found in several Roman ruins. Native Americans still play the ancient ‘stick game’ at Pow wows. Gambling played an important role in colonial America. The first settlement at Jamestown was partially funded by lotteries [...]

States Competing For Gambling Dollars

Wednesday, February 1st, 2012

Several states are considering the possibility of expanding their gambling options from building new casinos to entering the world of online gambling. States are searching for new revenue streams to address expanding budget deficits. Companies, both foreign and domestic, are lining up to take advantage of newly liberalized gambling laws and a recent DOJ ruling [...]

D C Council Does About Face On Internet Gambling

Wednesday, February 1st, 2012

Washington D C was on track to be the first jurisdiction in the United States to offer internet gambling to residents. In an astounding about turn the city council is now poised to repeal the program before it starts. The action by the D C council is not based on moral objections and council members [...]

Experts Say Gambling Revenues Will Increase

Tuesday, January 31st, 2012

Soon the figures will be out for the gambling industry’s take for the previous year. Until the economic slide of 2007 the gambling industry in the United States enjoyed brisk growth. Up until 2010 the industry had not recovered but state lotteries were doing fairly well and were seen as recession resistant. In 2011 Datamonitor, [...]

Internet Gambling, Political Donations and Hypocrisy

Friday, January 27th, 2012

Last December Las Vegas casino mogul Sheldon Adelson revealed he was opposed to internet gambling on ‘moral grounds. In a stunning act of hypocrisy Adelson said he was suddenly concerned about ‘underage gambling.’ In a statement dripping with hypocrisy Adelson told Senator Jon Kyl, one of the architects of the Unlawful Internet Gambling Enforcement Act, [...]

Playtech Looking For Partners in the US

Thursday, January 26th, 2012

Playtech, one of the largest software suppliers to the internet gambling industry, has revealed that the company is in talks with several potential partners in the United States. A recent interpretation of the 1961 wire act by the Justice Department has opened the door for states to provide residents with legal internet gambling. Playtech CEO [...]

Another ‘Black Friday’ Defendant Pleads Guilty

Wednesday, January 25th, 2012

Just about every poker player in the US remembers ‘black Friday.’ On Friday, April 15th 2011 the US department of justice sieves several internet gambling sites and their assets. Players logging on to their regular poker sites were greeted by a DOJ logo informing them that the site had been seized by the DOJ and [...]

‘Pokies’ Spark Fierce Political Debate in Australia

Tuesday, January 24th, 2012

In Australia ‘pokies’ (video poker and slot machines) are a popular pastime in pubs and other venues. Australian pokies are just about the same as slots and video machines in casinos around the world. They are made by the same manufacturers that supple Las Vegas and European casinos. Australian pokies feature special games designed to [...]