..

UPI: Online Gambling Not A Good Bet

Written by:
Guest
Published on:
Jan/04/2011

WASHINGTON, Jan. 4 (UPI) -- Expanding legal Internet gambling in the United States is a long shot now that Congress is more heavily Republican, gaming industry experts say.

Senate Majority Leader Harry Reid fell short last month in his effort to allow U.S. casino companies set up Internet poker sites and access a portion of the multibillion dollar offshore industry. The chances of success are diminished now that Republicans control the House and have more members in the Senate.

Reid says he's ready to try again this year but his efforts may be thwarted by Rep. Spencer Bachus, R-Ala., named chairman of the House Financial Services Committee, and other GOP lawmakers who indicated they want to keep online betting illegal in the United States, The Washington Times reported Tuesday.

"This is a huge priority for Spencer," a House Republican aide said.

If Bachus takes up Internet gambling, he likely will examine the effectiveness of existing laws and making them tougher, the staffer said.

"If 2010 is any sign of what's to come in the future for online poker, the only thing that is really for certain is that the road is a long, bumpy one and the legalization of online poker will be very difficult to come by," PokerNews.com said.

Gambling News

New Gambling Law in the Netherlands Explained

New Gambling Law in the Netherlands Explained

From rumors to reality, the law that would legalize online gambling in the Netherlands is finally enacted by the Dutch parliament. The Remote Gambling Decree was presented to the parliament, along with two different letters filled with answers responding to questions that had earlier been raised at the previous parliamentary debates. The major points of discussion were in regards to extending the cooling-off period by six-months and whether or not to prohibit the advertisement of online gambling services. At the end of the day, the cool-off period was extended and the proposed ban on advertising was denied. 

Are Online Casinos Legal in the Netherlands?

Are Online Casinos Legal in the Netherlands?

The much-anticipated new gambling regulation in the Netherlands is changing the scene of online gambling and the gambling industry as a whole. The ministry overseeing the new gambling regulations has announced that the new legislation would transform the Dutch gambling industry. After several years of lurking in the shadows, online casino and gambling vendors are now free to roam and legally promote games to Dutch players. So yeah, online casinos have now been made legal in the Netherlands, but with a lot of rules and guidelines, enough to stifle the joy of the news. 

When is a Sportsbook is Responsible for Their Faulty Lines, Koepka a Liability

When is a Sportsbook is Responsible for Their Faulty Lines, Koepka a Liability

""At what point does a sports book become responsible for their own errors?"

Unmasked Man Removed in Handcuffs From Vegas Casino

Unmasked Man Removed in Handcuffs From Vegas Casino

Video of a gambler in Las Vegas being cuffed by security for refusing to wear a mask in the 4 Queens Casino has surfaced on The Sun website, not to mention headlining the Drudge Report.

"Evolve or Die": Tribal Chief Talks Draftkings Partnership in MI

"Evolve or Die": Tribal Chief Talks Draftkings Partnership in MI

Bryan Newland, chairman of the Bay Mills Indian Community, explained why his tribe was so quick to partner with Draftkings in an effort to bring legalized sports betting to Michigan.

Syndicate