Neteller Return A Boon For US Online Gambling Industry
Almost seven years after the US government accused Neteller of running afoul of the UIGEA and forced the online payment processor to withdraw from its marketplace, the UK-listed company is now looking to make a big return to the States after Optimal Payments Plc, the parent company of Neteller, announced it has made an agreement […]
Nevada’s Third Poker Site Failing To Stimulate Industry
At the end of February, South Point Casino launched RealGaming.com in Las Vegas, in so doing becoming the third regulated website to offer online poker in Nevada. However, early indications show the online poker platform has so far failed to excite the state’s nascent internet poker market. RealGaming poker site’s delayed launch Back in October […]
New Jersey Online Gambling Revenues Grossly Overstated
Since New Jersey released its second full-month of online gambling results, it has become obvious that Governor Chris Christie’s initial projections of how much the state would generate were grossly overestimated. While working to get the whole project off the ground, Gov. Christie (photo) forecast full-year online gaming revenues to be $1.1 billion, with the […]
Illinois Pushes For Expanded Casino And Online Gambling Bill
For the third time in as many years, the Midwestern state of Illinois is pushing to expand its gambling industry, and included in Rep. Bob Rita’s gambling bill to authorize five new casinos, and allow slot machines at racetracks, is legislation which would allow casino license holders to apply for internet gambling licenses. Illinois needs […]
Singapore Online Gambling Ban Could Face Legal Challenges
At the end of last year, concerns were raised that Singapore would soon seek to prohibit all types of remote gambling after its Second Minister for Home Affairs (pictured) spoke strongly in favour of introducing anti-internet gambling policies. However, the Singapore government could open itself up to all sorts of legal challenges from some of […]
Delaware And Nevada Agree Landmark Online Poker Compact
Delaware and New Jersey have moved a step closer to forming an integrated internet poker market after signing an interstate online poker agreement designed to establish the legal framework necessary to allow both states to share their player liquidity. The historic online poker deal, the first of its kind in the US, was signed yesterday […]
Regulated Online Poker Not Yet The Financial Windfall Predicted By Analysts
Despite initial predictions over the huge payoffs a regulated online poker industry would offer the US, early indication reveal enacted Internet gambling laws are so far failing to generate the financial windfall that many analysts had forecast. US online gaming markets off to slow start In fact, instead of producing overflowing balance sheets for the […]
