Delaware online poker revenues slipped drastically during the month of June—falling an unprecedented 55.4% to $25,607, according to the latest figures released by the Delaware Lottery.
South Carolina voters strongly oppose the legalization of online gambling. The Palmetto Politics Poll, commissioned by WACH Fox, shows that 68% of likely South Carolina voters oppose of legalizing online gambling, while only 17% support the legalization, and 15% are undecided.
Three states jumped into online gaming last year with high hopes. But so far their take is very low. The inherent problems in this addictive form of gambling should give pause to other states and to Congress if they are tempted to follow suit.
Online gambling was supposed to provide a financial boost to New Jersey’s ailing casinos, but revenue has fallen for the third month in a row and Fitch Ratings, a Wall Street credit rating firm, has cut its projection for Internet gambling this year by almost half.
State Sen. Raymond Lesniak (D-Union) says he’s not shocked by Fitch Ratings’ announcement Tuesday that is has lowered its year-end projection for the state’s online gaming revenues to the $120 million to $130 million range.
In a letter to U.S. Attorney General Eric Holder this week, three senators are asking the agency to support their bill that would reinstate a federal ban on online gambling.
Washington, D.C.—Today, the New York State Association of Chiefs of Police, an organization representing more than 500 police chiefs, commissioners, superintendents and other command-level officers from throughout New York State, joined the national fight to ban Internet gambling.
Last year Delaware, Nevada and New Jersey became the first states in the nation to legalize Internet gambling. But so far, their online gambling revenues have been falling far short of projections.
New Jersey’s Republican candidate for U.S. Senate said in an interview that he opposed expanding Internet gambling, and questioned the growing reliance by states on gambling tax proceeds. “I think it just hurts working America and it tempts them,” Jeff Bell said of Internet gambling, “and it causes social damage, and I think it’s going […]
The Delaware Lottery has released its official online gaming numbers for the month of May 2014 with figures pointing to a continued decline in online poker state-wide.
