The woes of Full Tilt have been well publicized since Black Friday, when the US government seized bank accounts and the domains of Full Tilt and PokerStars as well as indicting company founders and executives with wire fraud, money laundering, and breaking US laws designed to eliminate online gambling. While PokerStars quickly refunded more than $100 million to US players and continues to serve players outside the US (easily remaining the world’s largest poker site), it’s been a steady downhill slide for Full Tilt and a seemingly unending litany of woes. International players began leaving the site in droves as [ Read More ]
Archive for September, 2011
Fight Club at All Slots Casino Fans of online slots have plenty to look forward to at All Slots Casino, with the new Fight Club promotion adding extra excitement to many of the most popular online slots games available to players there. The promotion runs through October 1 and lets players battle it out on a leaderboard with the top ten players overall winning various prizes each and every week, with the top prize being $400. Two different slots games are selected each week of the Fight Club promotion, with leaderboard spots determined by how much players wager on each [ Read More ]
Greece Eager to Join the Online Gambling Crowd Greece is moving very quickly to adopt more relaxed gambling laws, including passing new legislation that makes it legal to hold live poker tournaments in Greece as well as moving quickly to pass laws that woud give the Greek government a larger role in regulating (and taxing) online casino, poker, and sportsbetting sites. Despite the objections of the EC and online gambling operators such as Betfair, the Greek government is considering fast-tracking new online gaming laws and regulations by attaching them to must-pass finance bills; like countries such as Italy, France, and [ Read More ]
As passage of the Massachusetts gambling expansion bill becomes more likely, the focus moves from the three casinos and the slot parlor to smaller issues. On Wednesday, members of the state House of Representatives will debate a number of amendments that have been proposed. The bipartisan amendments would have a great impact on the gambling industry and on the state’s economy. This morning, House Democrats are privately discussing 154 different amendments to the casino bill. Fifty of those amendments were offered by Republicans supportive of the bill, with the rest by fellow Democrats. Among those amendments are incentives for casinos [ Read More ]
More Delays for Online Gambling in District of Columbia The District of Columbia seemed poised to break new ground as th first US jurisdiction to implemental legal online gambling for residents when it passed laws early in 2011 to legalize and regulate online gambling, but efforts have since come to a stall when it comes to the implementation process. The same agency responsible for the state lottery was tabbed with managing the online gambling initiatives (which include online casinos offering games such as slots and blackjack as well as online poker), but recent questions have led to a delay in [ Read More ]
Hurricane Irene Slams Atlantic City Gambling Revenue Hurricane Irene didn’t do much physical damage to Atlantic City casinos (the second largest gambling market for US casinos behind Las Vegas) but the revenue lost due to closures over one of the busiest gambling weekends had a huge financial impact. Gambling revenues for August for Atlantic City casinos were down nearly 20%, marking the largest monthly decline in Atlantic City’s history. Irene forced all 11 casinos to close for the typically very busy weekend. Revenues were down across the board, with slot machines off 21% and revenue from table games such as [ Read More ]
Being irresponsible with your gambling and losing too much money is a bad thing. It can bring financial hardship on you and your family and it is the reason some people oppose gambling. If you do, though, it is best to come clean. What would be even worse would be to commit a crime by making up a story about burglary and sexual assault. That is exactly what one woman did, according to investigators. According to investigators with the Riverside County sheriff’s department, a Southern California woman lied to deputies on August 9. On that date, she reported that a [ Read More ]
FairPlayUSA Formed to Push for Legal Online Gambling in the US Backed by money from US casino giants such as MGM and Caesars, a new advocacy group named FairPlayUSA has been formed with the goal of legalizing and regulating online gambling in the US. Brick and mortar casinos were opposed to online casinos and poker rooms initially but the industry had done an about face in recent years, now seeing online gambling as a way of adding desperately needed profit and growth to their bottom lines. FairPlayUSA has attracted some prominent and diverse names to its board so far, including Tom [ Read More ]
Debate Begins for Massachusetts Casinos Debate has begun in the Massachusetts legislature about a new push to bring three Vegas-style casinos and a slot machine parlor to the state. Proponents of the bill point to the potential for thousands of new jobs and millions in additional tax revenues, while opponents fear that crime and poverty will increase for many residents. Representative Joseph Wagner — the lead sponsor of the bill — opened the debate by proclaiming that he himself doesn’t gamble or even care for it much: “I suppose I could take or leave… but I can’t ignore the thousands [ Read More ]
New York Racetracks Lobby for Table Games Nine racetracks in New York have banded together to form the new New York Gaming Association and one of its first tasks has been to begin the process of appealing to the state to let them off table games such as blackjack, roulette, and poker. Racetracks, Indian tribes, and real estate developers are all eager for the state of New York to pass a constitutional amendment to legalize privately run casinos, which are currently illegal except on Indian reservations. Tracks in New York are currently limited to operating only video lottery terminals and claim [ Read More ]
