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USA Billionaires Interested in Online Gambling

January 3, 2013 : U.S. BILLIONAIRES INTERESTED IN ONLINE GAMBLING
 
Forbes looks at powerful interests with an eye on legalised internet gambling
 
Our readers may recall a story last year in which major business personalities in the United States were identified as having an interest in online gambling, should it be legalised in the United States at federal or state levels.
 
The influential publication Forbes revisited the subject this week, identifying the following:
 
Land gambling mogul Donald Trump has been open about his intention to capitalise on legalisation, saying: “This has to happen because many other countries are doing it and like usual the U.S. is just missing out.”
 
Trump associate and head of the giant Avenue Capital Group hedge fund, Marc Lasry has ambitions in a 10 percent share of a venture with Trump in the event that online gambling is legalised. ACG manages around $12 billion in investments, Forbes reports.
 
Steve Wynn, who heads the Wynn Resorts land gambling empire, needs little introduction and prior to Black Friday was negotiating a deal with Pokerstars contingent on US legalisation of online poker. He's on record as supporting legalised online poker.
                                                                      
Leon Black, Joshua Harris and Marc Rowan are three American billionaires whose Apollo Global Management enterprise holds a $30 billion chunk of the Caesars Entertainment land gambling group, which has pushed hard for a federal solution to online poker legalisation, and has an interactive division based in Canada that is involved with internet gambling partners in European activity. Caesars was recently granted an intrastate online poker operating licence by the state of Nevada.
 
David Bonderman's company TPG is involved with Apollo Global in the Caesars deal, and supports a federal legalisation solution for online poker.
 
Lorenzo and Frank Fertitta, brothers with extensive land gambling interests, have started an interactive division which acquired veteran online poker software developer Cyberarts last year. The brothers prefer a federal solution, but have also applied for an online poker licence from Nevada. They were believed to be close to a deal with Full Tilt Poker when the DoJ's Black Friday operation upset the applecart. Full Tilt is no longer available, having been acquired by Pokerstars in a deal with the DoJ.
 
Steven Roth, a highly successful real estate businessman is involved with former land gambling exec Richard Bronson in the US Digital Gaming enterprise, a high profile US company which promotes the concept of legalised online gambling and is focused on the provision of software and marketing services.
                                                                                                                                  
Herbert Simon, a mall and sports team owner is another backer involved in US Digital.
 
The last name on the Forbes list is hardly a supporter of online gambling, but can nevertheless be said to have an interest in developments. Sheldon Adelson heads the massive Las Vegas Sands land gambling group and has made no secret of his antipathy to legalised online gambling. He's also one of the Republican Party's major donators, and therefore carries substantial political clout.



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Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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