When Jim DeFrancesco tried to access New Jersey’s Internet gambling websites last week, the Ship Bottom resident was dismayed to find his credit card would not be accepted for deposits. Likewise, Al Flores was frustrated to find some online gambling websites could not verify his location in South River, Middlesex County, thus blocking him from […]
Internet gambling goes live in New Jersey on Tuesday. It’s the biggest expansion of the casino business in the state since the 1970s. For gamblers with addiction problems, the process of tapping a paycheck and maxing out a credit card has just become infinitely easier. . . . Defenders insist that the casinos will monitor online […]
Sheldon Adelson, the nation’s 11th richest person and chief executive of casino company Las Vegas Sands LVS -0.29%, says he is determined to stop online gambling in America and he will go to great lengths to battle the corporate interests pushing for it. “I am willing to spend whatever it takes,” Adelson said in his […]
In 2006 Congress passed, and President George W. Bush signed, legislation to stop the spread of Internet gambling. At the time, no one was sure whether a law could deter shady offshore operators. But by targeting the money flows and banks that facilitated these businesses, the law worked far better than most people imagined. Until […]
New Jersey is about to initiate the largest gambling surge in the United States since 1978, the year it allowed casinos to open in Atlantic City. On Nov. 26, almost all of the state’s 9 million adult residents will be able to wager at virtual table games and digital slots – simply by using a desktop […]
Gambling is the new black in America. There was a time when a person would have to fly to Las Vegas or take a bus to Atlantic City to indulge any desire they may have to throw their moneydown the proverbial toilet. These days, with all but two states having some form of legalized gambling and […]
GOP mega-donor Sheldon Adelson was one of the biggest players in the 2012 Republican primary, bankrolling much of Newt Gingrich’s presidential bid, giving Mitt Romney’s PAC $20 million, and eventually donating nearly $150 million to GOP candidates and causes. But Adelson’s newest lobbying effort to ban Internet gambling puts him at odds with at least […]
As the 2012 election showed, billionaire casino mogul Sheldon Adelson isn’t afraid to throw around some money for a cause he believes in. And according to a Washington Post report, along with his stalwart support for the Israeli right and the GOP, Adelson is taking on a new challenge: banning online gambling in the USA. Adelson, according to […]
Casino magnate Sheldon Adelson is reportedly set to wage war against online gambling. According to The Washington Post, Adelson — a billionaire and major political donor — is preparing to launch an advocacy group called the Coalition to Stop Internet Gambling, which will aim to convince legislators to ban online gambling on the grounds that legal online […]
