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U.S. GAMBLING EXECS CALL FOR LEGALISATION

Written On 5/6/11  By Recentpoker.com staff writer Frank Polliern :

Mounting calls for the American situation to be resolved
 
The reverberations from Black Friday are still being felt across the industry, especially in America, where the legal debacle has spurred many land industry execs into expressing their opinions on legalisation.
 
In some of the latest comments Ed Sutor, the president and CEO of horse racing company Dover Downs, told regional television station WBOC16 that he was surprised by the actions taken against individuals associated with three online poker companies by the Department of Justice.
 
"I was surprised, like most other people in the industry," Sutor said. "I would bet in the next few years you would see Internet gambling legalised so I don't know what precipitated it."
 
Sutor added that he is looking at Dover Downs possible future options regarding online gaming.
 
"You can turn your head and ignore it, pretend it's not happening and it could hurt you, or you could try and participate," Sutor said. "We're out there doing studies. We're looking at it."
 
The Associated Press news agency spoke with Jim Murren, chief executive of the giant land gambling firm MGM Resorts, on the issue when the company reported its latest financial results Wednesday.
 
Murren, who in the past has supported federal legalisation calls, said he agreed with Caesars Entertainment CEO Gary Loveman, who recently wrote an op-ed article recommending that online poker be legalised.
 
"We believe that we have the proper approach and the only thing that's happened in the last couple months is to reinforce our position on how Internet gaming should be regulated and pursued," he said.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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