Archive for May, 2014

New York Introduces Poker-Only Bill To State Assembly

New York Introduces Poker-Only Bill To State Assembly

In late March, Senator John Bonacic introduced internet poker bill S6913 to the New York Senate with the intention of defining poker as a game of skill and paving the way for a regulated state online poker industry. Now New York has seen near identical bill A09509 introduced by...
May 9th, 2014 By Stephen Smith
Pennsylvania Online Gambling Could Generate $113m In Annual Tax Revenues

Pennsylvania Online Gambling Could Generate $113m In Annual Tax Revenues

Back in December 2013, Pennsylvania lawmakers commissioned a feasibility study on the future potential of Pennsylvania’s gambling industry. That Econsult report, entitled ‘The Current Condition and Future Viability of Casino Gaming in Pennsylvania’ was then presented to the Pennsylvania Legislative Budget and Finance Committee this week, with the message...
May 8th, 2014 By Shane Larson
Borgata/Party Poker Expects To Turn NJ Profit By Year’s End

Borgata/Party Poker Expects To Turn NJ Profit By Year’s End

Despite having made a $3.2 million loss for the first quarter of 2014, multi-jurisdictional gaming company Boyd Gaming is hoping its New Jersey online gambling operation, alongside its platform partner bwin.party, could soon return positive results, with Boyd Gaming CEO Kevin Smith stating that it expects online gambling to...
May 7th, 2014 By Charles Washington
Minnesota Lawmakers Move To Stymie Online Lottery Expansion

Minnesota Lawmakers Move To Stymie Online Lottery Expansion

While the state of Minnesota has had an online lottery for several years, various interest groups are now seeking to put an end to the practice, whilst hoping movement on the issue could also serve as a preemptive ban on other types of internet gambling in the Midwestern state....
May 6th, 2014 By Lucy Brown
Delaware Online Gambling Shows Improvement In March

Delaware Online Gambling Shows Improvement In March

In March, Delaware‘s igaming industry may have remained small but the market did at least show signs of further improvement with both online gambling and poker posting increases in revenues. Overall, the state’s three online gaming sites generated $206,833 in revenues, up 20% compared to the previous month, with...
May 5th, 2014 By Stephen Smith
Payment Processing Biggest Issue Holding Back NJ Igaming Industry

Payment Processing Biggest Issue Holding Back NJ Igaming Industry

New Jersey launched its first regulated online gambling site in 2013 and in March 2014 the state’s six casinos holding internet licenses produced $11.9 million in revenues, up 15% over the $10.3 million generated in February. The results may be just one tenth of the projections made pre-regulation, but...
May 2nd, 2014 By Shane Larson
Nevada Online Poker Revenues Rise 12% In March

Nevada Online Poker Revenues Rise 12% In March

Almost one year after launching its first online poker operation, Nevada‘s nascent industry is showing signs of improvement and in March reported $926,000 in revenues, up by 12.2% compared to the previous month. The Silver State’s land-based casino industry is also showing promising growth and in March generated 7.6%...
May 1st, 2014 By Charles Washington
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