Lately a lot has been written about the regulated jurisdictions in the US (New Jersey, Delaware, Nevada) and the online gaming battle going on in Pennsylvania. Has everyone forgotten about California? For a while there, all signs pointed to California being one of the leaders in US online gaming legalization. Then the tribal interests and land based operators and lotteries and legislators all got involved and Read More
Does the NBA Know Something We Don’t?
Bleacher Report recently published a lengthy article suggesting that many might soon be wagering on NBA prop bets nightly "should sports betting become federally legalized throughout the U.S. and the NBA develops a wagering structure for fans in arenas and at home". What??? Sources involved with the situation stated that the NBA has been in recent negotiations with several global sports betting companies, which Read More
Resorts Gets It
Land-based casino owners (well, at least the ones who aren't dumb jerks) seem to have finally turned away from the "old" way of thinking (circa the mid to late 2000s) that online gaming is a threat to their business. Most of them have gradually been dragged (some kicking and screaming) into the 21st century way of thinking, which is that brick and mortar casinos can leverage online gaming to expand their business. Read More
Pennsylvania on the Front Lines
Pennsylvania State Representative John Payne (R - District 106) has introduced an online gaming expansion bill in the House of Representatives. Payne’s bill, (HB 649) would only legalize online poker in Pennsylvania - not all forms of online gambling - although the legislation seems to leave the door for a more comprehensive approach. The bill currently has 18 other cosponsors. Not to be outdone, days later a new Read More
An Ace That You Can Keep
Most people who are old like me are familiar with the Kenny Rogers song "The Gambler". The premise of the song generally is that life involves a series of decisions that require us to analyze risk and reward, much like gambling. Historically in the United States, opponents of gambling have cited reasons such as increased crime, gambling addition, religious prohibitions, regressive taxation, and the other usual Read More
The Split is (Not) Bananas
One of my favorite sources for internet gambling news, iGaming Business, is reporting that shares in bwin party have jumped 24% recently following rumors the group was thinking about splitting up into regulated- and unregulated-focused operating entities. I hope this is true and if it is I applaud whatever genius came up with this idea. Why would I use a term like "genius" to describe this idea? Because I thought Read More
The Hypocrisy of the United States Gambling Laws
Gambling is for the most part under the jurisdiction of state law in the US, and every state has laws that relate to gambling. Some form of legal gambling is permitted in 48 of our 50 states, however only one state (Nevada) has legalized most forms of gambling on a state-wide basis. Gambling has been a vital part of American society since the 18the century, and the general trend is that the availability of and Read More
¿Qué pasa Spain?
I figured since I recently referenced France in one of my posts, I would give Spain equal time. Historically, in most places in the world, spending on gambling hasn't been significantly affected by fluctuations in the economy. A recent report from the Charles III University of Madrid (UC3M) states that People in Spain are spending less on gambling now than they have done in previous years. Igaming Business recently Read More