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MGM Mirage Getting Involved in Online Gambling Quickly
The giant Vegas-based MGM Mirage gambling group would get involved in online gambling as quickly as it could if the United States legalised the online gambling market, a senior company exec told a newspaper journalist earlier this week.
Senior Vice President Alan Feldman told journo Tom Somach of the San Francisco Chronicle that it was likely that the other major gambling groups in the American industry would do the same, and that his own group could be up and running online within a year of being given a green light.
Feldman appeared in the interview to support the efforts of Congressman Barney Frank to legalise online gambling in the USA by licensing and strictly regulating it under the proposed Bill HR 2046 the Internet Gambling Regulation and Enforcement Act.
MGM Mirage is no stranger to the online milieu, having started a website under Isle of Man regulation some years ago which it subsequently closed. Feldman said that the enterprise had failed because it was competing for only 30 percent of the market, and was therefore not generating sufficient profit.
"But with the U.S. market under Frank's proposal, it could be profitable," he declared.
The online gambling business environment in the United States is currently hostile, with Department of Justice prosecutions and a ban on Internet gambling transactions passed last year. The financial disruption initiated by the Unlawful Internet Gambling Enforcement Act has made it difficult for American players to pursue their pastime of choice within their own homes.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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