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Online Gambling to Sweep Eastern Europe
Romania and Moldova are turning to online gambling to help generate vital revenue for the state. The Eastern European countries wish to regulate the online gambling market in a bid to generate tax revenues which would see the country at large benefit. Bogdan Dragoi, the Finance Minister for Romania, believes that the online gambling sector could help increase the country’s budget, stating: “we ...
Online Poker Traffic Up for Week, Year
Although the World Series of Poker is ongoing, the online card rooms was slightly up this week, helping to maintain the modest gains that we have had this year. (more…)
California Is Ready For Online Poker
Its full speed ahead on legalizing online poker in the state of California by authorizing an intrastate poker system. Just before the weekend Senator Rod Wright introduced (according to EGR, the amended Version of SB 1485) that will essentially see online poker offered in the state. (more…)
Online Gambling Advocates Get Big Supporter In Al D’Amato
A big supporter from New York. Alfonse D’Amato, a former senator of the state and current Chairman of the Poker Players Alliance, stated he is in favor of making Online Poker legal in the United States. (more…)
Rep. McDermott In Favor of Online Gambling
Illegal online gambling is supposed to amount to $5.8 billion annually, a figure that would no doubt increase if it weren’t illegal. Jim McDermott and Barney Frank are pushing for legalization. Jim McDermott estimates $42 billion in tax revenue over ten years , would pay for “early childhood education and improved foster care”. (more…)
Setback for French Online Gambling
In mid April the Senate and the French National Assembly passed the bill that legalize and regulates online gambling. The Constitutional Council of France has to rule on whether proposed statutes conform to the Constitution, under the French law, after the Parliaments votes and before they are signed into law by the President of the Republic. (more…)
Alabama Gambling Bill Fails In House
The Alabama legislature had been continuously focusing on the taxation, legalization, and regulation of gambling in the state, the months of effort have been in vain. The bill that would have legalized the games has been rejected in the House, and is unlikely to return for the remainder of the year. (more…)
Online Poker Legal State by State
While it still looks like online poker will eventually become legal again in the United States, individual states may beat the federal government to the punch. California, Florida, and New Jersey have been looking into legalizing online poker and it is now time to add a new state to the list. The $80million dollar incentive has been luring Iowa to the table. State officials and financial experts ...
Help for Haiti Poker Tournament
Crazy Poker, which is a part of Vegas Partners, has stepped forward to help the small Caribbean Island of Haiti after it was devastated by an earthquake this last week. The Island has suffered mass causalities and the people that did make it are up against probably the biggest challenge of their lives. The tournament will be January 22, 2010 and will take place of one of their regularly scheduled ...