Archive | February, 2010

Visa Exits US Online Gaming Industry

A couple of weeks ago, credit card giant MasterCard shocked US online gamblers by announcing that it would block all US online gambling payments. Visa, another prominent credit card company has decided to follow suit. The credit card company has announced that it would step out of the US online gaming industry, a move that [...]

Read full story Comments { 0 }

Senator Lesniak Fights for Legalized Online Gaming in New Jersey

Raymond Lesniak, Senator of New Jersey, has filed a lawsuit in the US District Court of New Jersey demanding the declaration of a 1992 federal law as unconstitutional. The law in question is the Professional and Amateur Sports Protection Act of 1992 (PAPSA), which prevents the uniform regulation of commerce in the US. The Senator says [...]

Read full story Comments { 0 }

Ontario Mulls Over Legalizing Online Gaming

The recent developments in the online gaming industry that are taking place in Canada are similar to those taking place in the US. Dalton McGuinty, the premier of Ontario, recently suggested legalizing online gaming to increase revenue. Giving the examples of British Columbia, the Atlantic Provinces, and Quebec, Paul Godfrey, the chairman of the Ontario [...]

Read full story Comments { 0 }

Norway’s New Law Makes Online Casino Payment Processing Difficult

The Parliament of Norway, the Storting, has approved the Norwary Payment Act, according to which payment processors are not permitted to support online casinos that are not licensed in Norway. The new law prevents any enterprise from providing its payment processing solutions to unlicensed online casinos. Ironically, the bill is to be implemented the same [...]

Read full story Comments { 0 }

Illegal Gaming Company Established in Australia

Recent news reports have announced that an illegal Internet gaming company has established itself in Australia. Moreover, the company, which requires staff to run its affairs, has advertised various vacant posts in the Australian newspapers despite the fact that online gaming is illegal in Australia. Since the company is not paying taxes and is illegal, [...]

Read full story Comments { 0 } Domain Makes a Record Sale of 1 Million Dollars

Sedo, a popular domain name broker, recently announced that the domain name sold for a record of $1 million. This sale is believed to be one of the big domain name sales in the gaming industry. This domain was bought by for a six figure price and is estimated to be the largest [...]

Read full story Comments { 0 }

DA Orders Removal of Poker Gaming Machines in Union County

District Attorney John Snyder has warned business concerns in Union County to remove the video poker machines installed in their business premises within two weeks or pay fines and have the machines confiscated. The past six months have seen a steady rise in the number of gaming machines in the county, report law enforcement officials. [...]

Read full story Comments { 0 }

California’s Native Tribes To Stop Paying Taxes if Intrastate Gaming Is Allowed

Senatorial meetings commenced last week in California to discuss the online poker issue. A majority of the interested parties claimed that online poker was the best way to generate income, especially now that the state budget had more than a $200 billion deficit. Representatives of native tribes, the state of California, as well as top [...]

Read full story Comments { 0 }

Baltimore Mayor Speaks in Support of Poker

Speaking in favor of table games including poker, Mayor of Baltimore, Stephanie Rawlings-Blake said that playing poker was not distinct from playing slots. During a meeting held with other lawmakers of the state, she said that she supported the introduction of poker in Maryland. The establishment of a gaming parlor has been proposed and the [...]

Read full story Comments { 0 }

Congress Candidate Professes Support for Regulated Gaming in California

Advocates of online poker in California have been constantly struggling to gain the attention of the Congress in a bid to inform them about the major issues related to the game. Surprisingly, Peter Mathews, who is running as a Democrat for the 37th district of California, is decidedly for online poker gaming. Mathews has professed [...]

Read full story Comments { 0 }