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West Virginia Considering Online Gambling
Friday March 01,2013 : WEST VIRGINIA MAY CONSIDER ONLINE GAMBLING LEGALISATION
State lottery director says "...it's the way of the future."
In a reaction to the news that New Jersey has joined Nevada and Delaware in legalising online gambling, West Virginia State Lottery director John Musgrave says the internet is "...the way of the future."
Speaking to the Charleston Daily Mail this week, Musgrave said that he hoped to convince state lawmakers on the need to consider the online gambling option, saying: "We need to discuss it."
West Virginia Lottery revenues have dropped off in recent years as new border state casinos have drawn customers from the state's panhandle casinos, the newspaper reports.
Musgrave said West Virginia has led the way in offering new forms of gambling such as racetrack video lottery and table games, but that the gambling industry and other states are moving rapidly into online gambling products, something that West Virginia leaders have yet to do.
"We're a little bit behind right now," Musgrave said. "There's really going to be a shift in the way that we do business, and we've got to participate in that."
The state lottery director said that lottery officials across the United States believe there are billions of dollars being lost to offshore gambling companies each year.
He claimed that such offshore companies are operating with little regulation or security, and that individual states should take it upon themselves to ensure that secure, regulated options are available domestically.
Lottery finance director Dean Patrick said lottery revenues are running 15.9 percent ahead of forecasts for the current fiscal year. Since July 1, 2012 the Lottery has brought in $765.9 million, well ahead of forecasts of $660.8 million, he revealed.
In related news, the online poker information site Legal Poker Sites reports that Vermont lawmakers could be preparing the ground for intrastate online gambling with the filing of House Bill 186.
The bill, filed by Democratic Party Rep. Clem Bissonnette, proposes the creation of a Vermont Gaming Commission to regulate live gaming in the state, which would include poker halls.
However, Legal Poker Sites speculates that although the bill is land gaming-focused, it could be a useful vehicle in any future move towards online poker or gambling.
H186 is currently is currently on the agenda of the House committee for General, Housing and Military Affairs.
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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