Archive for January, 2015

Poker Staking Agreements Will Not Be Affected by HB 40, Says Treasury Department
January 30th, 2015 By April Bergman

Poker Staking Agreements Will Not Be Affected by HB 40, Says Treasury Department

Nevada House Bill 40 will not affect poker staking agreements, according to sources close to the process. That announcement from a high-ranking Treasury Department official comes as a relief to tournament poker players, who received a scare when Senate Bill 40 was prefiled and referred to the Nevada Senate’s Judiciary Committee on December 20, 2014. […]

Singapore Casino: The Marina Bay Sands Profits’ Doubled in Q4 from Previous Year
January 28th, 2015 By April Bergman

Singapore Casino: The Marina Bay Sands Profits’ Doubled in Q4 from Previous Year

Not all of the financial news for the Las Vegas Sand Corporation was based in the final months of 2013. The Marina Bay Sands reported a doubling of profits in the 4th Quarter of 2014, as compared to the casino’s 4th Quarter in the previous year. The Marina Bay Sands’ adjusted property EBITDA was $528.5 […]

The United Kingdom’s Latest Internet Filters Might Block Online Gambling Sites
January 26th, 2015 By April Bergman

The United Kingdom’s Latest Internet Filters Might Block Online Gambling Sites

The United Kingdom plans to put up Internet filters that might make it harder for online gamblers to engage in betting activities.  PM David Cameron‘s 2013 plan forced new Internet connections to actively choose whether they should view adult-themed content. Tweaks to thoe firewall look like they will be more expansive, while computer users would […]

NJ Congressmen Introduce Pro-Sports Betting Bill into the U.S. House of Representatives
January 23rd, 2015 By April Bergman

NJ Congressmen Introduce Pro-Sports Betting Bill into the U.S. House of Representatives

Two U.S. representatives from New Jersey introduced pro-sports betting legislation to the House of Representative on Thursday. Representatives Frank LoBiondo (R-2nd District) and Frank Pallone Jr. (D-6th District) introduced a bipartisan bill that would legalized sports betting in the United States. H.R. 457, introduced by Pallone, would exempt New Jersey from the current PASPA federal […]

Vietnamese Police Raid Illegal Sports Betting Ring, Set to Deport 11 South Koreans
January 21st, 2015 By April Bergman

Vietnamese Police Raid Illegal Sports Betting Ring, Set to Deport 11 South Koreans

Vietnamese police raided an illegal sports betting operation in Ho Chi Mihn City, according to the Tuoitre News. The 11 South Koreans who were determined to be involved in the illegal activity were fined and ordered to be deported from the country. The arrest is one in a series of unrelated arrests of South Korean […]

Co-Operative Bank Announces It Will Not Finance Unethical Gambling Companies
January 19th, 2015 By April Bergman

Co-Operative Bank Announces It Will Not Finance Unethical Gambling Companies

The Co-Operative Bank announced an Ethical Policy today which states it will not finance companies involved in two controversial industries: unethical gambling and payday loans. Co-Operative Bank, a leading financial institution in the United Kingdom, will continue to finance businesses which provides what it considers ethical gambling. Niall Booker, CEO of Co-operative Bank, said his […]

The NCLGS Releases “The Policy Framework for the Regulation of Internet Gambling”
January 16th, 2015 By April Bergman

The NCLGS Releases “The Policy Framework for the Regulation of Internet Gambling”

The National Council of Legislators from Gaming States announced this week it has adopted a framework for comprehensive online gambling regulations. The NCLGS’s framework is referred to as the “Policy Framework for the Regulation of Internet Gambling“. The NCLGS formed in 2008 to discuss issues in regard to gaming. The committee is made up of […]

Caesars Bankruptcy Might Be a Good Sign for Its Atlantic City Casinos
January 14th, 2015 By April Bergman

Caesars Bankruptcy Might Be a Good Sign for Its Atlantic City Casinos

David Schwartz, director of the UNLV Center for Gaming Research, says that Caesars Entertainment Operations Co.’s bankruptcy might be good for Caesars’ Atlantic City property. When asked to comment on CEOC’s effect on the Boardwalk casinos, Schwartz said, “I think the new capital structure might allow them to make more investments.” At present, Caesars Entertainment’s […]

New Jersey Thoroughbred Association Files Suit against Sports Leagues over PASPA
January 12th, 2015 By April Bergman

New Jersey Thoroughbred Association Files Suit against Sports Leagues over PASPA

The New Jersey Thoroughbred Horsemen’s Association filed against the US sports associations‘ stance on sports gambling this week. The legal brief filed pointed out the obvious contradictions in the US sports associations’, in hopes of ending the 23 year federal ban on sports betting in all but 4 U.S. states. Currently, states besides Nevada, Oregon, […]

Gauselmann Group Removes Shiva Slot Machine from List of Games after Protests
January 10th, 2015 By April Bergman

Gauselmann Group Removes Shiva Slot Machine from List of Games after Protests

Gauselmann Group has removed an image of the Hindu god Shiva from one of its video games, after a Hindu group criticized the image as “inappropriate”. The Shiva slot machine contained an image of the god, complete with blue skin, red lips, and four arms. The Shiva gaming machine also contains pictures of the Taj […]

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Online Casino News Monthly Archive
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