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USA Legalised online gambling has a good record

Monday May 12,2014 :  BANNING BILLS UNDER FIRE AGAIN
 
Legalised online gambling has a good record.
 
The Washington Post and the Spartanburg Herald Journal both carried pieces decrying the need for online gambling bans over the weekend, pointing out that prohibiting something for which there is a strong demand simply pushes people towards a black market and makes consumers less safe.
 
Michelle Minton, a fellow at the Competitive Enterprise Institute in Washington, wrote:
 
"Politicians supporting Sheldon Adelson’s proposed online gambling ban claim to want to protect the poor and children and to prevent crime. But if they truly cared about these issues rather than getting in Mr. Adelson’s good graces, they would reject such a ban."
 
The writer goes on to point out that many other countries have successfully regulated online gambling for years, with few negative consequences, and that there are many technological methods for verifying a player’s age, identity and location.
 
Illustrating the hypocrisy of trying to selectively ban online gambling in the United States, Minton notes that two Adelson land casino operations - the Venetian and the Palazzo in Las Vegas - offer a mobile gambling app that allows players to use their smartphones to bet on sporting events from anywhere in Nevada.
 
"As with buying lottery tickets, the decision to gamble online ought to be left up to individuals. Its regulation ought to be decided by the states, not Congress - and certainly not by a casino magnate," she concludes.
 
Writing in the Spartanburg Herald Journal, Evan Mulch recounted quizzing Sen. Lindsey Graham about his federal online gambling banning proposal during a fund-raising barbeque, and asking him about his association with land casino tycoon Sheldon Adelson and a visit to a Las Vegas function hosted by the land casino owner (who is a contributor to Graham and Republican Party coffers).
 
Graham replied that he believed he needed to attend the Las Vegas function because Adelson was a big supporter of the Republican Party, and of Israel.
 
Mulch, who does not gamble but thinks an online gambling prohibition is a bad idea on economic grounds, takes exception to the reported involvement of Adelson lawyer Darryl Nirenberg in the drafting of Graham's banning bill, which was recently introduced to Congress
 
He questions the morality of politicians allowing their support to be bought by self-interested business personalities with deep pockets.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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