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Delaware and Massachusetts Exploring Online Gambling
4/18/2012 : U.S. STATES CONTINUE TO EXPLORE ONLINE GAMBLING OPPORTUNITIES
Delaware and Massachusetts both actively investigating the potential
The state of Delaware's interest in regulating and licensing online gambling is now well known , but Businessweek reports that state officials have recently taken their initiatives a step further, setting up a series of meetings with representatives of the state's gambling industry.
State financial director Tom Cook attended some of these meetings Tuesday, briefing Delaware's Video Lottery Advisory Council at Dover Downs hotel and casino.
State officials last month proposed an expansion of gambling, including the intrastate legalisation of online gambling, giving permission for more onsite venues for gambling, and giving financial breaks to Delaware's three existing land casinos.
Officials are encouraging the land casino operators to support their efforts, holding out the carrot of money generated from expanded gambling, which they say would allow them to eliminate the $4 million in slot machine fees paid by the existing casinos and cut their table game fees from $6.75 million to $3 million.
In Massachusetts, the Associated Press news agency reports that tribal casinos and internet gambling are two of the topics up for discussion when the Massachusetts Gaming Commission gathers for its second meeting this week.
The five-member panel will discuss a number of other gambling issues at the meeting, which is intended to lay the groundwork for future operations.
At a previous meeting the Commission voted to seek agreements with Spectrum Gaming Group and the law firm of Michael & Carroll for advice in establishing casino regulations and law enforcement procedures.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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