Nevada Online Poker Takes A Major Hit In August Nevada’s online poker market took a major hit in August, after the state’s three regulated poker sites experienced a 22.5% fall inrevenues to $742,000, down by $243,000 compared to July’s tally. August’s figure also represented Nevada’s lowest monthly total of 2014 so far, but despite the […]
Years ago, big city visitors often came across an enticing scene on certain street corners. A crowd of people standing in wonder as someone – typically called the “mark” – tried to pick the “money” card out of three cards laying face-down on a cardboard box. Pick the right card, you win.
One of a pair of bills drafted in an attempt to legalize internet gambling in California was put on hold last month, with many lawmakers taking the position there was not enough time left before the new year to refine the law to particular standards necessary to vote in affirmation of the legislation. The bill […]
PokerStars, the disgraced online gambling giant that was accused of multiple federal crimes, is once again trying to enter the New Jersey marketplace, this time under the guise of a sale to a licensed company.
In 2007, the head of the FBI’s Cyber Crime Fraud unit, Leslie Bryant, issued a stern warning to Americans: “You can go to Vegas. You can go to Atlantic City. You can go to a racetrack. You can go to those places and gamble legally. But don’t do it online. It’s against the law.”
Think the progressive state of California is ready for Internet gambling? Don’t bet on it. On Wednesday, Democratic state Sen. Lou Correa of Santa Ana — author of one of two bills that would have legalized online gambling in the state — shelved the proposal, chalking the move up to a lack of time remaining […]
State governments are struggling to find new sources of revenue to breathe life into their budgets. One of the main reasons many support the legalization of online casinos is the belief that such a move would help boost state tax revenues and stimulate such economies. When New Jersey passed and implemented its bill to allow […]
San Francisco, CA — Legislation that would have legalized Internet poker in California was abandoned this year, a sign of growing momentum against Internet gambling, said former San Francisco Mayor and Speaker of the California Assembly Willie Brown.