Archive for September, 2014

North Jersey Casino Proposal Creates Sharp Divisions about NJ’s Political Leadership
September 28th, 2014 By April Bergman

North Jersey Casino Proposal Creates Sharp Divisions about NJ’s Political Leadership

The decline of Atlantic City is presenting the people of New Jersey with a serious economic dilemma. Two visions for the future confront the state’s leaders and the decisions coming soon could split along regional lines. On the one hand, Governor Chris Christie is working with the political and business leaders of Atlantic City to […]

Department of Gaming Enforcement Says No Illegal Activity in Golden Nugget Baccarat Case
September 26th, 2014 By April Bergman

Department of Gaming Enforcement Says No Illegal Activity in Golden Nugget Baccarat Case

After a lengthy investigation, regulators from the New Jersey Division of Gaming Enforcement have ruled that hands played in a controversial game of mini-baccarat at the Golden Nugget in 2012 were legal. The decision could affect the outcome of a $1.5 million lawsuit. On April 30, 2012, several gamblers had a winning streak at a […]

Albany-Area Citizens Gather to Debate Gaming before New York Casino Licensing Panel
September 23rd, 2014 By April Bergman

Albany-Area Citizens Gather to Debate Gaming before New York Casino Licensing Panel

Hundreds of citizens engaged in a public debate in Colonie, New York on Monday over the possibility that a local casino will be built. The board which will decide the issue wanted to get public input, so supporters and opponents of an Albany-area casino initiative attended to have their voices hard. The debate was spirited […]

Pennsylvania to Legalize Online Poker by 2017, says Morgan Stanley Report
September 21st, 2014 By April Bergman

Pennsylvania to Legalize Online Poker by 2017, says Morgan Stanley Report

Pennsylvania is likely to legalize online poker by 2017, financial analysts with Morgan Stanley predict. A recent report on the political movement in Pennsylvania to legalize, license, and regulate online gambling has made “significant prograss” in 2014, said a Morgan Stanley Research team. According to the report, Pennsylvania’s legislature will pass pro-gambling laws by 2016 […]

Hong Kong Tycoon Buys 30 Rolls-Royce Phantoms for His New Macau Gaming Resort
September 18th, 2014 By April Bergman

Hong Kong Tycoon Buys 30 Rolls-Royce Phantoms for His New Macau Gaming Resort

A Hong Kong tycoon who plans to build a gaming resort in Macau bought 30 Rolls-Royces Phantoms for his gambling destination. The purchase cost $20 million, and is meant to provide the new casino resort with something that sets it apart from all other local gaming destinations. Stephen Hung is a flamboyant Hong Kong businessman […]

Nearly 75% of Bets on Scottish Independence Referendum Are for “Yes”
September 16th, 2014 By April Bergman

Nearly 75% of Bets on Scottish Independence Referendum Are for “Yes”

Nearly three-quarters of all wagers on the outcome of this week’s Scottish independence vote are for the “Yes” proposition, according to the Daily Mail. In all, gamblers have wagered £50 million at various UK sportsbooks. Ladbrokes alone took a one-day record £250,000 in wagers on the Scottish referendum. Pollsters show that the “No” vote has […]

Singapore’s Remote Gambling Bill to Be Strictest Anti-Gambling Law in the World
September 14th, 2014 By April Bergman

Singapore’s Remote Gambling Bill to Be Strictest Anti-Gambling Law in the World

Singapore plans to pass the most comprehensive anti-online gambling law in the world, according to the Straight Times. The Remote Gambling Bill would ban all forms of online and mobile gambling in the Asian city-state. Most gaming laws around the world which punish online gambling targets the operators who host the sites and make profits […]

Spanish Regulators Announce New Policies for Bitcoin-Backed Online Gambling Payments
September 13th, 2014 By April Bergman

Spanish Regulators Announce New Policies for Bitcoin-Backed Online Gambling Payments

The Spanish government’s “El Ministerio de Hacienda y Administraciones Publicas“, the main agency which regulates finance and taxation, is planning a new policy involving Bitcoin transactions. The new policies could indicate a crackdown by Spain on gambling-related Bitcoin transactions. Coinffeine Asked for Clarifications Spain’s decision is in response to inquiries by Coinffeine, a Spanish-based Bitcoin […]

Antigua and Barbuda Makes Compromise Offer to United States on WTO iGaming Case
September 10th, 2014 By April Bergman

Antigua and Barbuda Makes Compromise Offer to United States on WTO iGaming Case

The 11-year old World Trade Organization dispute over online gambling between the United States and the tiny island nation of Antigua & Barbuda has resurfaced. Antigua has won several legal battles against the U.S. at the WTO world court, but has been unable to enforce a series of WTO rulings for over a decade. Recently, […]

Mexican Parliament Set to Pass Comprehensive Gambling Reforms in September
September 5th, 2014 By April Bergman

Mexican Parliament Set to Pass Comprehensive Gambling Reforms in September

A new gambling bill is likely to pass the Mexican Parliament next week which should bring greater transparency and stability to the industry. The bill is set to be introduced to parliament on September 9 and Miguel Angel Ochoa Sanchez, the AIEJA president, expects it will be approved no later than September 20. Ochoa Sanchez […]

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