The recent surge in internet gambling has left governments scrambling to keep up with the latest industry developments and advances. In many countries the laws regarding internet gambling are vague and many governments are having difficulties finding ways to regulate the online games. While lawmakers argue over the legality and morality of internet gambling players [...]
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 [...]
Although internet gambling has not been a widely discussed issue by the current presidential candidates it is bound to come up in the near future. If the economy remains flat the next president could face intense pressure from states for legalized intrastate internet gambling. Nelson Rose, a Whittier College law professor who specializes in gambling [...]
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 [...]
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, [...]
Gaming industry experts are keeping a close eye on social media gaming giant Zynga. Recent reports indicate that Zynga is discussing the possibility of entering the lucrative internet gambling market. The maker of FarmVille and Zynga Poker created a stir in the internet gaming world when the San Francisco based company issued the following statement [...]
The recent DOJ ruling that opened the door for internet gambling has divided several Native American tribes that depend on gambling for their livelihoods. The ruling that paved the way for states to offer internet gambling could prod federal legislators to finally pass internet gambling legislation. Many tribes view the ruling as a new business [...]
If New Jersey State Senator Raymond Lesniak has his way the state will be a leader in the internet gambling industry. Lesniak plans to get a bill through the New Jersey state legislature that will legalize internet gambling for the state’s residents. Lesniak hopes to have a bill on Governor Christie’s desk by next week. [...]
Earlier in the year smart phone experts predicted that sales of mobile devices would exceed the sales of desktops this year. They also said that sales of mobile devices would be double that of the sales of laptop and desktop computers. A recent study by technology research firm Gartner confirmed the predictions. The Gartner research [...]
Many states, faced with mounting budget deficits, are turning to gambling to fill the void. Many states are expanding gambling options and are liberalizing gambling regulations to encourage growth in the industry. Legal gambling has created thousands of new jobs and states want a piece of the gambling action. Not everyone is happy with expanded [...]
