Gambling News
Virgin Group May Move Into US Online Gambling Market
The Virgin Group continues to expand on the online gambling front as they seek investors to help the company move into newly open markets, according to a report filed by
NASCAR Betting and Danica Patrick
Both the online sportsbooks and Las Vegas establishments are counting on NASCAR betting, and to fuel those bets they are hopeful that Danica Patrick will at some point begin to make an impact. To
Olympic Men’s Hockey Championship: A Bookie's Dream
Most of the online bookies have a tough time getting aroused even after overdosing on Viagra. But this week, USA vs.
Fifth Man Pleads Guilty in Internet Gambling Investigation
By MARK MORRIS
The Kansas City Star
Opposition Grows to Australia Internet Filter
Ari Sharp, Sydney Morning Herald
New Poker Bill –Bipartisan Tax Fairness and Simplification Act
After several weeks of inactivity, poker legislation officially returned to the bargaining table with the announcement of new legislation being introduced before Congress.
Alabama Baptists and Casino Supporters Clash
Anti-gambling leaders had their work cut out for them to speak over an unruly crowd at a rally held Feb. 23 on the steps of the Statehouse.
Steve Wynn to Take Over Foxwoods Casino
PHILLY INQUIRER STAFF WRITER
Las Vegas impresario Stephen A. Wynn has agreed in principal to take over the delayed Foxwoods Casino project in South Philadelphia.
Hawaii Five Oh Yeah: Stroup Says “Heck Yes” to Gambling
Okay folks, Carrie Stroup here, and you've probably heard by now that Hawaii is seriously looking at legalizing gambling as a means of boosting their economy. I'm here now studying why it has tak
New Jersey Senate Approves Sports Betting Resolution
Senator Raymond J. Lesniak, D-Union, a leading voice in the State Legislature who is pursuing a legal challenge to the federal sports wagering ban as unconstitutional, issued the following statement after the Senate approved a resolution, SR19, through a voice vote, to allow the Senate President to join in that legal challenge:
EU Court Advisers at Odds Over Gambling Restrictions
By MIKE GORDON and CAROLYN HENSON
wsj.com
Online Gambling Bill Hits Senate and House
From The Quincy Cove
You know the gamers in the crowd are getting hyped up when they hear titles like, "online gambling bill hits house and senate". In recent Quincy Cove poll, respondents said that bingo is not just for retirement homes anymore. The industry has made enough waves that now it's up for decision with the big guys.
Probe Involving Full Tilt Poker: What a Shock!
This week a number of websites and online poker forums are reporting on a possible "FBI probe" of the world's number two Internet card room, Full Tilt Poker.
Sportsbook .com Moves to Merge: 6 Times Growth Expected
The Merge Poker Network just received a serious injection to help in its aggressive growth plans.
Two Chinese Football Clubs Face Relegation for Gambling
BEIJING - (AFP) ---Two top Chinese football clubs could be relegated for match-fixing and gambling, a league official said Monday, amid a major crackdown to rid the troubled sport of corruption.
Australian Gambling: James Packer Vows to Help Jobless
Australian casino king and major media player, James Packer, has vowed to help ease plight of Australia's jobless.
Jon Kyl Allows Treasury Nominees to go Through
Arizona Republican Senator Jon Kyl has finally lifted his block of several Obama US Treasury Department appointees this past week. Many believed his doing so was a result of online gambling prohi
Visa Looks to Block Online Gambling Transactions
Following in the footsteps of Mastercard, Visa has also decided to start blocking online gambling transactions (all of them). Many establishments have long gotten around these efforts through the
Online Gambling Supporter Ron Paul Wins CPAC Straw Poll
One of the leading supporters of legislation to legalize online gambling, Texas Republican Congressman Ron Paul, has won the CPAC straw poll. Paul was also a US Presidential candidate in 2008.
Online Gambling News from Australia February 21, 2010
It's been a massive week for the gambling, igaming, sports betting and political news world.
iGaming powerhouses PartyGaming and Virgin Games at "war"
Feds Move to Seize Sports Bar Over Gambling
Federal authorities filed a forfeiture action today against Patte's Sports Bar on West Hollenback Avenue in Wilkes-Barre in the wake of gambling charges being filed against owner, Pat Patte Jr., an
Norway and US Online Gambling Prohibition Kicks Off Same Day
Norway has signed into law a measure that would prohibit processing of most online gambling transactions. The law goes into effect the same day as the Unlawful Internet Gaming Enforcement Act (UI
Hawaii Wants Gambling to Fuel Economy
HONOLULU (AP) - Hawaii has always been known for its sun, sand and surf. It may soon add another attraction: slots.
Loto-Québec Online Site a Health Risk Say Officials
Public health officials across Quebec asked the province Thursday to step back from its plan for online gambling.
New Jersey Senate to Vote On Sports Betting Monday
The NJ Senate will meet at 2pm on Monday, February 22, 2010, to consider the following bill related to legalized online sports betting:
Bing, Yahoo Deal Should Help Online Gambling Sector
Search has helped build the online gambling industry from all the way back when now defunct BetOnSports would bid on the best terms at Go.com to now where a coveted top 3 spot on the first page of
Ladbrokes Falling Profits Symbolic of Failing Economy
It was very bad news for the United Kingdom's largest bookmaker. Ladbrokes on Thursday reported a 28% fall in profits in 2009.
Poker Domain Sells for $1 Million
It's the most money sold for a .org domain name. Poker.org sold for $1 million this week.
According to TechCrunch.com:
Don't Risk an Audit: Know the Rules on Gambling
NEW YORK (AP) -- Clinching the office pool for March Madness entitles you to a pot of money and gloating rights. And nobody can take that away from you, except maybe the IRS.
Even if your winnings seem like chump change, any money you pocket from gambling is considered taxable income. It's not likely that the Internal Revenue Service will come after you for your NCAA pot, but there are times when reporting even casual winnings becomes more formal.
