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Sheldon Adelson opposition to internet poker confirmed
December 8, 2011 : "It's a personal observation of concerns about technology," says spokesman.
The news this week that Las Vegas Sands mogul Sheldon Adelson is opposed to the legalisation of internet poker has created major ripples through both industry and mainstream media, and has since been confirmed by a Las Vegas Sands spokesman, Ron Reese.
Rees told the Associated Press news agency that the world's richest casino executive and chief of the industry's largest publicly traded company is opposed to online gambling because he doesn't believe available technology is good enough to prevent young people from making wagers on the Internet.
Adelson's opposition is a personal viewpoint, not a formal stance taken by the company, Rees emphasised, revealing that Adelson has not discussed his opposition with the board of directors, and that the board has not yet decided on the company strategy regarding internet gambling legalisation.
"It's a personal observation of concerns about technology," Reese said.
Adelson is out of step with the position adopted by the American Gaming Association, which is now in favour of federally regulated online poker, providing that individual states can opt out if they wish.
Frank Fahrenkopf, the AGA's CEO, told the Association that he met with Adelson on Monday and was told that the gambling magnate would oppose legislation to legalise online poker in the United States.
"Sheldon has long had concerns about this issue, and it is perfectly within his right to make this decision," Fahrenkopf said. "However, the AGA, at the direction of our board of directors, will continue to support federal legislation to allow states to license and regulate online poker."
Associated Press notes that following Black Friday, which chased the biggest online poker operators out of the US market, the AGA has become more vocal in urging lawmakers to close loopholes and craft better regulations.
Fahrenkopf said the association wants federal legislation that allows states to decide whether to offer poker to its residents, keeps kids from gambling online and lets law enforcement shut down illegal operators.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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