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Is Obama Good For Online Gambling ?
In the wake of Barack Obama's victory in the US Presidential elections this week, speculation on Internet gambling websites and message boards has been rife on whether this will mean a more sensible approach to the regulation of Internet gambling in the USA.
Whilst many of the opinions are based on personal views and political perspectives, one hard-nosed business assessment was published by the respected international analysts, brokers and business consultants Merrill Lynch, which encouraged gambling companies by saying that an Obama victory could well lead to more open markets in the US.
"We think it could ultimately pave the way for online gaming regulation rather than prohibition," the broker said, highlighting Democratic moves by Congressman Barney Frank to repeal the Unlawful Internet Gambling Enforcement Act, introduced in October 2006 to prohibit the transfer of funds from financial institutions to internet gambling firms.
"There have been separate acts to legalise internet gambling as well as those that particularly target poker and other games of skill. We think that with a Democrat president and Democrat-dominated Congress, such legislation would likely have a greater chance of being passed through."
The prospect of freer markets across the Atlantic boosted Partygaming by 6.15 percent or 8p to 138p, and 888 Holdings, up 12.46 percent or 9.5p at 85.75p.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
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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