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American Gaming Association Supports Online Gambling

Tuesday November 19 ,2013 :  AMERICAN GAMING ASSOCIATION REITERATES POSITION ON INTERNET GAMBLING
 
Internet gaming demand cannot be forced back into the bottle, says AGA chief
 
In what is being seen by many industry insiders as an oblique riposte to the news that land casino owner Sheldon Adelson is mount a well-funded campaign against the legalisation of online gambling, the American Gaming Association issued a statement Monday reiterating its support for regulated and licensed online poker.
 
The trade body's CEO and president, Geoff Freeman, authored the statement, which asserted:
 
"Time and again, government efforts to prohibit use of everyday products have failed. In 2012, Americans spent nearly $3 billion gambling with rogue offshore operators. The Internet cannot be forced back into the bottle - nor can market demand.
 
"We support pragmatism and strong regulation of online gaming that protects consumers, prevents underage play, ensures the integrity of the games and empowers law enforcement.
 
"New government efforts to prohibit online gaming will unintentionally strengthen black market providers, create more risk for American consumers, including children, and drive U.S. jobs and potential revenues overseas.
 
"We appreciate divergent viewpoints and welcome a healthy discussion on this complex issue."
 
Reports in the Washington Post over the weekend unveiled a major and multi-pronged Adelson plan to ensure that online gambling is not legalised in the United States; the plan includes big-bucks hiring of lobbyists to influence federal politicians.
 
Adelson is swimming upstream on the issue, with most of his rival land casino barons who are members of the AGA favouring the federal legalisation of online poker, but acknowledging that there has been little progress in Congress whilst individual states forge ahead with independent regulatory schemes.

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Gambling News :

IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

Vegas Crest online casino adds 30 new games - The Vegas Crest online casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive.

AMAYA C.F.O. RETIRES - Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.

Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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