After hearing word that various professional organizations filed a lawsuit Tuesday in federal court to stop New Jersey from pursuing legalizing betting on sports, state Sen. Raymond J. Lesniak (D-Union) said they're playing right into the state's hand.
Read More . . .The future of gambling in New Jersey continues to take center stage for industry leaders and lawmakers in Trenton and Washington, D.C. Over the past several months, state and national legislators have drafted more than a dozen bills to expand gaming in the state to include sports betting, gambling via the Internet and mobile apps, and wagering at horsetracks and at special events.
Read More . . .While still wary that online gambling will cut into their casino profits, many tribes now see legalization as inevitable. So they are lobbying Congress for a say in how online gambling might be regulated.
Read More . . .The Justice Department's reinterpretation of the Wire Act might have given Sen. Harry Reid the dose of urgency he needed to sign up congressional support for online poker legislation. But it's also made the task of keeping a coalition of supporters together much more complicated.
Read More . . .Internet gambling, which could bring casinos to every home, office or smartphone, has moved from the periphery of Maryland's debate over expanded gambling to center stage.
Read More . . .Maryland House Speaker Michael Busch says the possibility of developing Internet gambling in the state will be under consideration in a special session next week.
Read More . . .Cash-hungry states have long tried to poach business from one another. Now, many are competing to lure gamblers from neighboring states to their growing ranks of slot machines — a one-armed-bandit arms race that is being feverishly waged throughout the Middle Atlantic region, leaving states like Delaware, which embraced gambling early, struggling to keep up.
Read More . . .The settlement requires PokerStars to forfeit $547 million and Full Tilt to forfeit virtually all of its assets. In addition, funds are to be made available for compensation to U.S. and foreign victims.
Read More . . .Today's announcement of our settlement with the U.S. Department of Justice (DOJ) closes one chapter in our corporate history and opens another.
Read More . . .PokerStars settles dispute with the U.S. Department of Justics and acquires the assets of Full Tilt Poker.
Read More . . .Cantor Gaming, the sports wagering division of the global financial services firm Cantor Fitzgerald, has reached out to the horse racing participants in California to develop an agreement that would make it a strong candidate for an intrastate Internet gambling website.
Read More . . .If California lawmakers pass a controversial gambling measure now under consideration in Sacramento, the Golden State will join New Jersey in a bicoastal effort to overturn a 20-year-old partial federal ban on sports wagering.
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