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MGM wholeheartedly opposes Federal Online Gambling Ban

Monday May 4,2015 :  MAJOR LAND CASINO GROUP "WHOLEHEARTEDLY OPPOSED" TO FEDERAL ONLINE GAMBLING BAN.
 
MGM Resorts CEO Jim Murren clarifies recent comments on RAWA.
 
MGM Resorts chief executive (and, incidentally, chairman of the AGA) Jim Murren nailed his colours firmly to the mast on the question of a US federal online gambling ban over the weekend, saying that his company "wholeheartedly opposes" the proposed Restoration of America's Wire Act, a bill supported by rival Sheldon Adelson.
 
Murren was clarifying his comment in a recent media interview that the "the sky wouldn't fall" for his company if a federal online gambling ban was approved by Congress, which was interpreted in some quarters as an indication that MGM was softening its support for internet gambling.
 
The clarifying statement was made to the respected gambling blogger Jon Ralston, who published the following full comment from Murren on his Ralston Reports website:
 
"Of course the sky won’t fall on us if an online gambling ban passes. Anybody who thinks that hasn’t visited one of MGM’s destination resorts. That’s the point: The argument that online gaming somehow competes with land-based casinos is simply baseless. Online gaming and land-based casinos are completely different experiences.
 
"But even though our company will continue to thrive without online gaming doesn’t mean that we don’t wholeheartedly oppose a ban. We do. As I said in the interview, the Internet is here to stay. And until there is a licensed, US-based alternative, illegal overseas sites will continue to put consumers at risk.
 
"A federal ban won’t stop online gaming - it will only prevent licensed, legitimate operators from providing consumers with safe and secure games that include protections against underage gambling."
 
Murren's group, whilst supportive of strictly regulated and licensed online gambling in the United States, has been cautious in regard to its own commercial participation in the three US regulated markets of Nevada, New Jersey and Delaware.
 
MGM owns fifty percent of Borgata's successful venture in the New Jersey internet gambling sector, where it is leading the market at present. MGM also has an online poker licence in Nevada, which it has not yet pursued in a business sense, and it has so far not participated in the Delaware market.



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Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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