So its back to the State level to clear online gambling operators to be able to promote their activities in the USA. Nevada recently approved an online poker site to go live. Pennsylvania has agreed to let online operators start their activities once more as well as New Jersey.
It seems that more states will continue to give a green light on this industry, and US citizens will once more continue to gamble online if they see fit. This brings an end to the UIGEA bill that prevented Americans to gamble online. It will be a slow process in order to legalize the industry, and even then, some states will keep it illegal, but patience here is key as finally there is some light shed unto this subject and the industry will now be regulated and taxed at the state level.
Punters just have to ... read more »
A massive boom in casino building in Asia will soon see the rise of an astonishing $4 billion dollar club at Manila Bay in the Philippines.
The country, one-time host to the typically small and run down establishment, will be working with some of the biggest names in the casino industry to build a luxurious resort comprising of hotels, restaurants, museums, a boardwalk, monorail and marina.
The glamorous Las Vega-style casinos are on the up as South Korea, Russia and Taiwan attempt to lure in newly moneyed Asians, particularly the wealthy Chinese. The taste for gambling was cemented by the success of the multibillion dollar Macau gambling hub ofHong Kong.
This region became the biggest casino market in the world, taking in $6 billion, more than Las Vegas, following the 2010 openin... read more »
Having won 8 bracelets, sat at 28 final tables, and completed 51 money finishes in the World Series of Poker and a World Poker Tour title by the age of only 35, Ivey was sure to make this list.
Hailed by his peers as the best all-round poker player in the world today, ‘the Tiger Woods of Poker’ has won more than $16 million from tournaments that have one-time buy-ins and fixed prize money.
Ivey is estimated to have won even more than that from no-limit cash games inLas Vegas, where pots often creep into millions of dollars.
A member of The World series of Poker’s Hall of Fame, Hellmuth is the winner of 12 WSOP bracelets – an outstanding record.
Notorious for his temperamental personality – he once got into a physical altercation with oppo... read more »
Mobile Technology is perhaps the most startling technological development of the 21st century so far.
The recent development of smartphones, as well as tablet computers has revolutionised mobile technology.
These devices have led to the development of the no-widely-used app, which allows users to perform a huge array of different everyday tasks.
Perhaps most significantly for the casino business, apps have been developed to allow people to gamble online using their mobile devices.
These are all developments that many of us would never have thought possible ten years ago. So with this in mind, might it be possible that mobile gambling will take the place of the traditional casinos?
Perhaps the major advantage of mobile gambling over traditional casin... read more »
Plans unveiled by Suffolk Downs horseracing track in America in association with Caesar’s Entertainment in June to open a brand new, $1 billion casino resort have encountered mixed opinions from local residents.
The complex will provide much-needed revenue for the local area in Massachusetts, attract more tourists and create 4,000 new jobs, yet activists are protesting, saying the money would be better spent on more community education.
There will be a community referendum vote regarding the granting of a casino license to Suffolk Downs, and certain anti-gambling groups are urging locals to vote ‘no’.
One of the most outspoken opponents to the proposed new complex is Celeste Myers, co-chair of the community group No Eastie Casino.
“When you increase the population coming ... read more »
Leading market innovators Microgaming has announced the launch of two brand new gambling games for mobile platforms, making them the industry leaders for mobile gambling.
The two new slots games, entitled ‘Ladies Nite’ and ‘Spring Break’, cement the Isle of Man-based company’s position as the producer of the largest number of online gambling games for mobile platforms, with 75 so far.
Microgaming launched its first mobile casino way back in 2004, and has gone from strength to strength ever since.
Neill Whyte, head of product channels at Microgaming, said: "We are focused on creating a highly innovative and flexible offering for the mobile gaming market.
“We are market leaders in mobile gaming and intend to stay in the number one spot by providing custom-made soluti... read more »
Andy Murray won his first ever tennis Grand Slam at the US Open this week – but Novak Djokovic wasn’t the only one who lost out as bookmakers are having to make massive payouts to punters who put their faith in the Scotsman.
Murray is the first British male to win a Grand Slam since Fred Perry in 1936. Although Murray had previously earned himself a reputation as someone who was ‘scared to win’ by repeatedly getting to the quarter or semi-final stage before losing a game, his Olympic gold medal seems to have spurred him on to bigger and better things.
Despite the Olympic win bookmakers across the globe were still backing Djokovic in the US Open final.
Before the tournament began Murray had odds of only 5/1 to win, and despite his never having won a Grand Slam many punters... read more »
BetVictor has announced an impressive list of autumnal giveaways with participants so far competing hard to win everything from tournament entries – European Masters of Poker at Dublin – to cash, MacBook Airs and a range of eagerly anticipated iPads.
As a result of this initiative, every Sunday in September has played host to a 10,000-Euro prize-pool thanks to the 25-Euro buy-in 10K Tournamania. The latest technology being up for grabs has certainly also played a large part in attracting players from far and wide.
Winners of such events are usually only able to lay their hands on either cash or prizes, and that's where this event has differed.
At the end of the competition, the top few will take a cut of the money and an Apple MacBook Air, while those in second and third posit... read more »
Steve Wynn, founder, chairman and CEO of Wynn Resorts Limited, has walked away victorious, not to mention $20 million richer, from a slander lawsuit he filed against Joe Francis.
Wynn accused the ‘Girls Gone Wild’ creator of falsely accusing the casino mogul of threatening to kill him over a gambling debt.
The trial took place over the course of a full week, during which both Wynn and Francis testified, along with witnesses such as music producer Quincy Jones.
At the end of the trial the jury were so convinced of the wrong done to Wynn that they awarded him $20 million in damages – that’s $8 million more than recommended by his lawyer!
The jury also declared that they believe Francis acted with malice – a second trial jury ordered him to pay a further $20 million in pun... read more »
Renowned UK gambling operatives Betfair has announced huge growth in their mobile gambling sector in the past three months.
The three months leading up to the end of July this year was the first full quarter that the company had offered a mobile gambling platform - and it certainly seems to be taking off.
The number of mobile bets placed rose by 114%, with generated revenue rising by 98%.
A spokesperson from Betfair announced: "The mobile channel continues to deliver strong usage and revenue growth. This was the first full quarter in which we offered mobile casino and the product has started to deliver meaningful revenue."
The Betfair group as a whole reported a 13% annual growth in core revenue.
Sporting revenue was also up, and the company say this was down to Euro 2012.
... read more »