Monster COO Looking To Make A Difference In US Online Gambling

Fred Kililian PokerTribe.com

Gambling has always a been an incredibly lucrative market for those who have the capital to start off in the industry. Gambling sites that accept players in the United States are an entirely different beast. Despite the fact that US citizens can legally gamble at online websites regulated outside of the United States, there very …

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Video Poker Machines Find Therapeutic Use in Vegas Rehab

Video Poke Machine For Rehab

Rehabilitation facilities often strive to find innovative ways to administer care to their patients. The HealthSouth Rehab hospital in Las Vegas has found an interesting approach to helping stroke victims and patients afflicted by Parkinson’s Disease, amputees and other medical issues affecting motor ability. The staff are using video poker machines to stimulate patients’ prefrontal …

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NHL’s Vegas Franchise Breaks Ice On Sports Betting

Vegas Golden Knights

The NHL stirred up a bit of controversy by becoming the first major professional sports league to launch a franchise in Las Vegas. The Golden Knights are set to enter the league with the 2017-2018 season and a new Sports Illustrated article has revealed the NHL will allow the franchise to have sponsorship deals with …

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Pennsylvania Considers Legal Online Gambling

Pennsylvania State Flag

The state of Pennsylvania is giving serious consideration to legalizing online gambling. Two months ago, research indicated the state would draw the focus of those who support Internet gambling. A few days before Governor Tom Wolfe was to announce several hefty tax increases to offset a $2.3 billion deficit in the state budget, the Gaming …

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Lesniak’s Run as Governor of NJ Could Boost Online Gambling in US

New Jersey State Flag

Proponents of state regulated New Jersey online gambling will be quiet pleased with State Senator Raymond Lesniak’s announcement that he intends to run for governor in 2017.  Having served in the legislature for 37 years, Lesniak now has now set his sights on the upcoming gubernatorial race.  He has been an outspoken champion for online …

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Conservatives and Libertarians Rally to Oppose Online Gambling Ban

Grover Norquist and Lawson Bader and other conservative advocates joined together to stop Congress from banning US based internet gambling associated with US online poker and casinos,  through the “Restore America’s Wire Act”. These efforts were conducted using a coalition letter signed by many officials. The letter stated that the purpose of this bill was to remove the 10th amendments authority to regulate online gambling as states feel is necessary. The letter went on to discuss their hopes that RAWA would not become another instance where the government took over the states’ rights to make decisions they are capable of making. It was made clear in the letter that they were opposed to this legislation, since they feel it takes away rights that should be afforded to the state. They feel the states should be entrusted with regulating the gambling that goes on within their territories.

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No Cannibalization – Over 75 Percent of Online Gamblers are New to The Brand

In yet another instance of data showing that cannibalization of land-based casinos is simply not occurring due to online gambling, Boyd Gaming released its July 2014 revenue statement. For the first time since online gambling launched in New Jersey in late November, Boyd Gaming has broken even. Not bad for an industry that is only 9 months old, according to Keith Smith, the Chief Executive Officer of Boyd Gaming. Legal gambling is represented by the company’s partnership with Bwin.Party Digital Entertainment. Smith said recent data showed that more than 75% of the New Jersey online gambling participants frequenting his company’s website “are not active players of Borgata”. Several other important studies have showed that the theory claiming cannibalization of physical casino revenue by online casinos is unfounded. Data has consistently proven the same claim – that online gamblers in the United States generally are not the same type that enjoy traveling to a land-based casino.

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Online Gambling Proponents Outspending Adelson 4 to 1

For some time now it has been public knowledge that billionaire Sheldon Adelson is not a fan of online gambling in the United States. The Las Vegas Sands CEO has been a vocal proponent of any type of Internet casino and poker gambling, whether offered at the individual state or at the federal levels in the US. He publicly vowed to spend “as much money as it takes” to shut down the growing US online gambling industry recently, but he may have a problem. If Adelson sees virtual gambling as a threat to his physical casinos, online gambling proponents and business owners definitely see Mister Adelson as a threat to their well-being and existence. And they are fighting back.

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Five Large Population States Seek to Join US Online Gambling Industry

As you know, New Jersey, Delaware and Nevada all offer some sort of legalized online gambling. But the combined populations of those 3 US states is just over 12.6 million. That is less than 1/3 of the California population of 38.3 million. The tiny state of New York claims 19.6 million residents, Illinois is 5th in US state population size at 12.9 million, and Pennsylvania is close behind with 12.7 million residents. Even Massachusetts claims 6.7 million residents. Coincidentally, those 5 states are all feverishly working toward the same goal … becoming the 4th state in the young but growing United States online gambling industry. And they all offer one thing that has thus far been missing – a substantial population to draw potential players from.

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