..

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

FanDuel Group Brings FanDuel Sportsbook & Casino to Michigan

FanDuel Group Brings FanDuel Sportsbook & Casino to Michigan

FanDuel Group, in collaboration with MotorCity Casino, officiallylaunched a fully integrated, real money online gaming experience for residents and visitors to the state of Michigan Friday January 22, 2021.

Can't Bet the Cavs From Virginia

Can't Bet the Cavs From Virginia

Sports betting officially launched in the commonwealth of Virginia Thursday, courtesy of FanDuel.  You just can't bet your beloved Cavaliers there.  A number of offshore sportsbooks the likes of BetUS are still accessible from Virginia and do take bets on the Cavs, so no worries there.

Bill to Expand Sports Gambling Introduced in Washington State Legislature

Bill to Expand Sports Gambling Introduced in Washington State Legislature

A bill to expand sports gambling in Washington state beyond Indian casinos and into privately-owned card rooms has been introduced in the state Legislature for the second consecutive year.

Indiana Casino Bigwig Fights State Over Ouster Order

Indiana Casino Bigwig Fights State Over Ouster Order

A longtime heavyweight in Indiana’s gambling industry is fighting state regulators’ attempts to force him to give up his stake in a Lake Michigan casino and a $300 million new casino project in Gary.

Brian Urlacher’s Brother Pardoned by Trump: Ran Illegal Sportsbook

Brian Urlacher’s Brother Pardoned by Trump: Ran Illegal Sportsbook

The brother of Chicago Bears Hall of Fame linebacker Brian Urlacher has been pardoned of federal charges that he recruited for a multimillion-dollar illegal offshore gambling ring.

Syndicate