The author of New Jersey's proposed sports betting law said today that he'll drop portions that would let people bet from their home computers or cellphones in order to get Gov. Chris Christie to sign it.
Read More . . .The owner of the poker website excaliburpoker.com has filed a motion to dismiss the lawsuit filed against him by MGM Resorts International, who claims that the website infringes on the trademark held by MGM for its popular Excalibur Hotel & Casino.
Read More . . .Betfair, the online wagering operation, has made offers to California racetracks and horsemen to apply a 10-percent commission on bets made through its betting exchange, a far higher rate than the company applies to its customers in overseas jurisdictions.
Read More . . .Sheldon Adelson, the world’s richest casino executive and chief of the industry’s largest publicly traded company, says he opposes online gambling.
Read More . . .As states grapple with shrinking revenues, online gambling stands to reap a jackpot, an industry executive said Tuesday on “Fast Money.�
Read More . . .A casino-backed group pushing for federal legislation to make online poker explicitly legal says regulating online card play nationwide won't hurt state lotteries.
Read More . . .New research from the UK office of audit, has forecast that the global casino and online gaming market is set to grow at a compound annual rate of 9.2 percent over the next five years to $182.8 billion by 2015.
Read More . . .People living in New Jersey are now a step closer to being able to place wagers on sports after the Senate State Government, Wagering, Tourism and Historic Preservation Committee voted four to one in favour of legislation.
Read More . . .A new study by the Iowa Racing and Gaming Commission projects an intrastate online poker operator could expect to make between $13 million to $60 million yearly.
Read More . . .The world's largest listed online gambling operator, Bwin.party digital entertainment, has launched a new instant-play casino at bwin.com.
Read More . . .Cantor Gaming, a leading race and sports book operator in Nevada, and Palms Casino Resort, announced today that they have signed a long-term agreement for Cantor Gaming to operate the race and sports book and offer mobile gaming at the Palms commencing in the first quarter of 2012.
Read More . . .Almost $33 million has been spent by lobbyists in payments and political donations in 2011 by varied interest groups that are looking for a slice of the profits to be had from online gaming.
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