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Benefits Of Legal Online Gambling
4/24/10 - It's an all-too-common occurrence in online gambling - players hitting the message boards to complain about no or slow payments by online casinos, and the frustration and anger that this inevitably triggers.
All too often the licensing jurisdiction of the defaulting casino is more interested in taking the licensing fee from the operator than helping players with a problem, although there are notable exceptions to this generalisation.
This week news surfaced of how a regulator should be handling legitimate player complaints, and although it concerned a land gambling dispute it serves to illustrate why U.S. online gamblers would be better protected by regulation than by prohibition.
Case NGC 09-08 was brought before the Nevada Gaming Commission on April 6 this year by the State Gaming Control Board, and accused the Las Vegas casino Fred’s Tavern 2 and its main shareholder, Kurt Schoen, of contravening various sections of regulatory laws relating to prompt payment of patrons and adherence with Gaming Commission requirements designed to protect the players and the reputation of the gambling state.
The action was rooted in a long-running slow-pay dispute involving a player’s $300 which occurred early 2009. The player complained to the Gaming Control Board and Fred’s Tavern was ordered to return his money within the 20 days stipulated by the regulations.
Long story short, it took three different approaches by the authorities between March and August 2009 to finally get the player paid despite “the check is in the mail” and other excuses. But paid the player was.
The casino found to its cost that clashing with the Gaming Control Board and the Nevada Commission is not a smart idea – it was fined $1 000.
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Gambling News :
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.
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.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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