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Mississippi trying again to legalise online gambling

Tuesday August 6,2013 : MISSISSIPPI'S MOAK TO TAKE ANOTHER RUN AT LEGALISING ONLINE GAMBLING
 
Never-say-die Rep. Moak says state needs to tap into the inevitable
 
Mississippi state Representative Bobby Moak, a Democrat representing the Bogue Chitto district, is about to take another run at legalising intrastate online gambling despite at least three previous failures.
 
The state's land gambling interests have not fared well recently, prompting Moak to suggest that the best bet for raising tax revenues is online gaming, currently illegal in Mississippi.
 
Moak told the Associated Press news agency that he'll again try to pass a bill to regulate, license and tax online gaming at 5 percent of gross revenue.
 
But he emphasised that only companies with licensed land casinos in Mississippi would be allowed to operate online.
 
"Online gaming is going on right now - it's happening," Moak said Monday. "We need to tap into that."
 
His comments came on the heels of a poor performance from Mississippi land gambling casinos, with state gambling revenues down at $2.25 billion.
 
Mississippi was once the nation's third-largest gambling market, but has lost standing in the last few years due to competition from neighbouring states, reducing tax contributions to the state budget.
 
Cities like Chicago, Detroit and St. Louis overtook Mississippi last year in the American Gaming Association's list of the top 20 U.S. casino markets, as did Philadelphia, Pa., and the state of Connecticut.
 
"Early on, a lot of our visitors came from Oklahoma and Nebraska," said Lyn Arnold, president and CEO of the Tunica County Chamber of Commerce and Economic Development Foundation. "Now, Oklahoma has 92 gaming facilities. The competition has been a big drain."

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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