Gambling News

Florida Loses Out On Thousands Of Jobs With Gambling Law Dead

Florida's unemployed took a hit to their future prospects on Friday when a gambling expansion bill was withdrawn by its sponsor in the state Legislature.

Online Gambling Regulations Going Backwards In DC

Washington DC was the first jurisdiction to pass online gambling regulation laws, but with a move coming Wednesday to repeal that law, DC now looks like they will have to start over in their attempt for regulated online casinos.

Cuomo Begins Process Of Legalizing Casino Gambling In New York

Governor Andrew Cuomo began the process today of legalizing casino gambling in New York. The process, according to Cuomo's plan, would play out over the next two years.

Kentucky Racing Industry Begins Casino Campaign With Estimates

The Kentucky racing industry has vowed to fight hard this year to get casino expansion at their facilities, and they came out of the box swinging this week by releasing estimates that claim revenue would be over $1 billion annually.

Another Conviction In Online Gambling Transaction Processing Case

The US Department of Justice received its third conviction today in the online gambling transaction processing case that became national news last April. Ira Rubin became the latest to admit to the fraud offenses.

Flat Rock Police Sergeant Indicted On Illegal Gambling Charges

The same people assigned to eliminate illegal gambling are again on the wrong side of the law. A police officer in Detroit has been indicted on charges of illegal gambling relating to a sports betting operation.

Pari-Mutuels Win Out With Florida Gambling Expansion Bill

A concession made in a new gambling expansion bill in Florida helped the legislation pass a Senate committee vote on Monday, but the concession may also be what ends up killing the bill's chances moving forward.

Connecticut Governor To Help Tribal Casinos With Online Gambling

Connecticut Governor Dannel Malloy confirmed on Monday what many gaming analysts had already predicted, that online gambling would be making its way to the state within the next couple of years.

Revised Gambling Bill In Florida Appeases Existing Casinos

Senator Ellyn Bogdanoff rewrote her gambling expansion bill in Florida over the holidays, and on Friday, the revised bill was released, offering a more even playing field between new gaming resorts and existing casinos.

Gaming Analysts Divided On Impact Of US Online Gambling Revenue

Las Vegas stands to be the biggest winner in the Department of Justice's reversal of opinion concerning the 1961 Wire Act, but analysts are split on just how big of an economic impact Internet gambling will have on states.

PokerStars Rebounds From US Debacle To Gain Belgium License

PokerStars is still fresh off their indictment in the US, but the company has rebounded nicely in other countries. Belgium's online gambling began with the new year, and PokerStars is one of the acceptable sites where Belgians can gamble.

Lesniak Wants New Jersey To Be The First With Online Gambling

State Senator Raymond Lesniak has championed the expanded gambling cause in New jersey for several years, and after the Department of Justice opinion last week, Lesniak wants his state to be the first with online gambling regulations.

Rhode Island The Latest To Consider Online Gambling

Rhode Island is facing the potential of losing millions of dollars when Massachusetts casinos open in a couple of years, and that has led lawmakers to start considering online gambling to make up the revenue loss.

Racetrack Exclusivity Could Be Key To Kentucky Gambling Expansion

Governor Steve Beshear and Senator Damon Thayer met today with the hope of coming to an agreement on gambling expansion. The two lawmakers claim the meeting went well, but the key to expansion in Kentucky could be state racetracks.

Utah May Become First State To Ban Online Gambling

Now that the Department of Justice has weighed in on the legality of online casinos, Utah Representative Stephen Sandstrom has drafted a bill that would make Utah the first state to ban Internet gambling.

Wire Act Clarification May Boost Foreign Online Gambling Stocks

The Department of Justice's decision to exclude casino games from the 1961 Wire Act has opened the door for possible soaring International gaming company stocks.

Full-Scale Casino Gambling Still A Few Years Away In New York

Governor Andrew Cuomo gave his most direct statement this week regarding his support of casino gambling in New York, but even the governor admits that full-scale casino gambling is still a couple of years away.

Obama Administration Clears Way For Nevada To Regulate Online Poker

The Obama Administration finally opened the door for millions of US online poker players with a recent legal opinion from the Justice Department more clearly defined the nations online gambling laws.

New York Residents Overwhelmingly Support Gambling Expansion

New York residents are always looking for the next great thing in terms of entertainment and a Quinnipiac poll shows that sixty-five percent of voters in New York are in favor of Vegas-style gambling in the state.

South Florida's Unemployed Back Casino Expansion In Florida

Tens of thousands of people are unemployed in South Florida, and many of these unemployed workers are hoping that lawmakers pass a bill that will bring casino resorts, and thousands of jobs to the area.