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Colorado Looking at Internet Gambling

Tuesday December 17,2013 : COLORADO EXPLORES INTERNET GAMBLING (Update)
 
Renewed push for internet poker legislation
 
Despite draft internet poker legislation submitted by Colorado lawmakers late in the last session stalling, the Colorado Gaming Association said it will continue to explore the topic going into 2014.
 
"We had talked very late in last year's session with some legislators who were interested in pursuing it," said Lois Rice, executive director of the Colorado Gaming Association. "We're still exploring it."
 
In an op-ed piece in The Denver Post, Josh Swissman, vice-president of corporate marketing for MGM was quoted as saying Colorado residents have an appetite for casino-style games based on how many residents have download MGM’s myVEGAS app, although he didn't provide specific figures.  "It's a big market for us," said Swissman.
 
But a state-wide survey commissioned by Black Hawk, Colorado's largest gambling destination, apparently says otherwise, showing that Colorado State voters did not have much interest in online gambling said Jack Lewis, Black Hawk city manager.
 
According to Adam Krejcik, managing director of digital and interactive gaming at Eilers Research, Colorado's online poker market could be expected to generate an estimated $30.4 million to $37.8 million in annual revenue, three to five years following legislation.  Total online casino revenue could generate upwards of $112.5 million, Krejckik said.
 
Colorado Attorney General John Suthers published an opinion earlier this week, requested by the director of the Colorado Division of Gaming Laura Manning in July 2013.  Manning requested clarity on what steps were required to authorise online gambling in Colorado and whether a gambler's location would be determined by the physical location of the bettor or where the servers were situated.
 
Suthers confirmed the need for an amendment to the Colorado Constitution to effect authorisation of online gambling and said: “Under Colorado law, a bet is placed where the person placing the bet is located.  However, the location of the server or other hardware or software that determines the outcome of the bet would also be relevant to the permissibility of any online gambling under Colorado law.”
 
"My thought and some others' thoughts were, let's have Colorado as close to the starting line as we can possibly be because as soon as the gates open, I think there are only going to be a few states that are going to have enough scale to make it work," Representative Kevin Priola, R-Adams County added.  Priola was among the group of lawmakers who submitted the draft legislation late last session.

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Gambling News :

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Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

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.

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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.

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