Sheldon Adelson hopes to reverse 2011 opinion allowing intrastate online casinos

Sheldon Adelson hopes to reverse 2011 opinion allowing intrastate online casinos

Sheldon Adelson, the chairperson of Las Vegas Sands which operates several major land based casinos in the United States and in Asia is opposed to online casinos. He had plans in 2013 to work in 2014  towards overturning the Department of Justice opinion of 2011 which allowed intrastate online gambling.The 1961 Wire Act which banned

New Jersey Land Based Casinos Interested in Online Gambling

New Jersey Land Based Casinos Interested in Online Gambling

New Jersey is one of only three states in America where intra state online gambling is permitted, the other two states are Nevada and Delaware. In these three states players may legally gamble online when the online casino market in each state is launched but players who wish to visit an online casino in New

Neteller and Major Credit Card Companies Move towards American Online Gambling Market

Neteller card: online casino

When the United States Senate passed a bill in 2006 which made it illegal for banks and credit card companies to process online casino payments payment processing companies such as Neteller were not sure at the time how they would be affected by the new legislation banning online gaming in America. Under new rules brought

Sheldon Adelson Opposes Online Casinos

Sheldon Adelson Opposes Online Casinos

Sheldon Adelson, the Chief Executive Officer and Chairman of Las Vegas Sands Corp, the casino industry’s biggest stock market listed company has reiterated his opposition to online casinos. Adelson, one of the richest people in the world discounts the idea that one reason for his opposition to online gambling could be the fact that legislation

Movement in New Jersey Online Gambling Legislation

New Jersey

Earlier in December a proposed bill to permit online gambling where casinos in Atlantic City could host websites offering online poker and casino games was approved by the New Jersey State Assembly. The bill was approved by 48 votes in favour compared to 24 against with 4 abstentions. The next step after this was to

State of Illinois to become online gambling hub?

State of Illinois

The Illinois Senate President, John Cullerton, recently introduced an amended online gambling bill HB 4148. This proposed legislation would allow interstate online gaming if this conformed to future federal law. There is pressure on to have the amended bill passed before the end of May since Congress is to consider proposed legislation to allow states

Fertitta Interactive applies for a Nevada gaming licence

Nevada’s Main Casinos Made over 1 Billion Dollars Loss in 2012

The Las Vegas based online gaming company Fertitta Interactive has put in an application with the Nevada Gaming Control Board to acquire an online poker operator’s licence as well as providing technology to other operators. Fertitta Interactive is co-owned by brothers Lorenzo and Frank Fertitti who also own almost 50% of Station Casinos. This Nevada

Change in Policy on Online Gaming by the United States Department of Justice

Department of Justice USA

By changing the terms of the Wire Act of 1961 the United States Department of Justice has greatly improved the outlook for the future of the American online gaming industry. The Department of Justice has stated that from now on the Wire Act of 1961 will apply to online sports betting and will not be