August 26th, 2010 by Roger S
Numbers released by the New Jersey Casino Control Commission last week showed that the 11 Atlantic City casinos showed a 22.6% decline in gross operating profits in the second quarter of 2010. While the same time period showed a gross operating profits of $192.5 million, this amount dropped to $149 million in 2010 (April to [...]
August 26th, 2010 by Matt W
The Dutch government’s release of an advisory report calling for the legalization and regulation of online poker and gambling has been met with mixed responses. On the one hand, the news has been welcomed by operators who see great potential in entering the Dutch market, although others have criticized it for keeping sports betting, bingo [...]
August 26th, 2010 by Renee K
Gambling tycoon, Dennis Gomes, has given a boost of confidence to the struggling Atlantic City gaming industry by announcing plans to purchase Resorts Atlantic City.
This iconic casino was the very first to open in Atlantic City in 1978 and holds a special spot in the hearts of many gamblers who frequent the area. In [...]
August 24th, 2010 by Renee K
After much fanfare, the British Columbia Lottery Corporation announced that it would be re-launching the troubled PlayNow.com gambling site on Thursday.
Just to recap, the site launched last month already, with BCLC claiming that this was the first legal online casino site in North America. However, only several hours after the launch, the site [...]
August 22nd, 2010 by Matt W
Massachusetts Governor Deval Patrick came under fire this week as he was blamed for the stalemate reached with regard to the advancement of gambling laws in the state. Patrick has refused to budge from his stand regarding gambling laws, resulting in the collapse of negotiations to form one common law and pass it through the [...]
August 22nd, 2010 by Matt W
Two payment processors belonging to the same man have opted to forfeit millions of dollars in a bid to end a legal battle with the US Department of Justice. Allied Systems and Allied Money were charged with acting as illegal payment processors for online poker sites such as Poker Stars and transferring winnings made by [...]
August 18th, 2010 by Roger S
At the beginning of July, Florida saw a number of significant changes in its gambling laws, especially those affecting poker. For the first time, local poker players could enjoy uncapped games and the state’s poker rooms are currently enjoying long lines of people waiting to enjoy this type of entertainment.
For the first time, too, [...]
August 18th, 2010 by Roger S
Within a few short years, Harrah’s Entertainment has done a complete turnaround regarding its attitude to online gambling. The United State’s largest gambling group, Harrah’s has a huge presence in the land based industry through its casinos in prime locations such as the Vegas Strip.
Where once Harrah’s opposed the legalization of online [...]
