No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Nevada Wants To Get Into collective wagering
Wednesday April 10,2013 : NEVADA WANTS TO GET INTO COLLECTIVE WAGERING
New bill could bring substantial amounts of money to the gambling state
Nevada, one of only four US states where sports betting is permitted, has plans to expand its offering even further through collective wagering, which could see private investment groups placing sports wagers on behalf of investors, reports the Associated Press news agency.
Sponsored by Republican senator Greg Brower, a new bill received its first hearing Monday in the state Senate, seeking to introduce new betting opportunities that experts believe will generate very substantial revenues in the years ahead.
Brower explained that his idea is to "....allow a group of bettors to bet as an entity.”
Under existing law, only individuals can place wagers at Nevada sports books.
Supporters of the Brower bill said the measure would help the state capture some of the estimated $380 billion bet illegally on sports each year in the U.S.
The bill would add “entities” to be formed and authorised to make sports bets. These groups could act as a type of hedge fund and wager large amounts on football, basketball, baseball and other sports. In turn, they could seek out investors to put up money and “leave it up to the expert to make the bet,” Brower said.
Randy Sayre, a former member of the Nevada Gaming Control Board who supports the measure, described it as a very significant untapped market. He said that risks of money laundering were minimised because current technology allows regulators to closely monitor wagering organisations.
However, AG Burnett, current chairman of the state's Gaming Control Board, was less sanguine, saying that he was concerned about protecting the state’s main industry from being tainted.
“I’m not sure how we’d go about regulating that,” he opined on the collective concept.
Lawmakers and gambling industry officials who testified Monday did not provide many specifics about how the new system would work.
A senior executive with sports betting operator Cantor Gaming, Lee Amaitis, told the committee he projected that Nevada revenues could almost treble to $10 billion within five years if 'entity wagers' are allowed.
Tax revenue to the state would more than double to roughly $25 million over that time, he said.
Once approved in principle by the Legislature, the changes would be handed over to Nevada gambling regulators to frame the necessary standards and regulations, which will include requirements that those involved would have to have a presence in the state.
Discussion on the bill - SB346 - continues.
Gambling News :
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.