It’s okay to be a step or two behind the leader, as long as you are ahead of the rest of the field. To that end, Delaware moved past the vast majority of the United States and sidled one step further towards offering some type of regulated, legal online gaming and gambling legislation for their constituents. Nevada has already passed online gambling regulation in that state, and just this week at a special assembly of their gaming commission stated online gaming licenses would be available for purchase in 30 to 60 days.
Year: 2012
Online Nevada Poker Licenses On Sale in 60 Days
With so many states looking to be the ‘first to market’ in the race to offer regulated online poker play in the United States, it appears the Silver State may have just struck gold. The first of the United States to deliver some type of regulated online poker play will almost certainly be able to add much-needed jobs to their economy, thanks to an influx of software and high-tech employees needed to deliver a viable product. That state will also be able to set licensing fees pretty much wherever they want, as they will be the only option available to prospective online poker room owners anxious to cash in on the first US-based legalized online poker play made available since April 15, 2011, darkly coined Black Friday in the online poker community.
New Jersey One Step Closer to Online Poker after Bill Approved
For the 600,000 New Jersey poker players already playing online, and state government officials anxious to add what would definitely be another fresh and substantial flow of money into the state coffers, legalized online poker and casino gambling in the Garden State just moved one step closer to fruition. On May 10 a bill was approved by the Regulatory Oversight and Gaming Committee for passage onto a vote by the full Assembly. That could be the very first step to making New Jersey the first of the United States to allow their constituents legalized real money gambling on online poker, roulette and other casino games.
Bwin.Party Signs 10 Year Pact With United Auburn Indian Community (UAIC)
The Mission Statement of Bwin.Party Digital Entertainment is to “let the world play for real,” and their strategy is to focus on “regulated and to-be-regulated markets”, as stated on their website. Created when Bwin Interactive Entertainment and PartyGaming merged in March of 2011, Bwin.Party is now the world’s largest online gaming company listed on a National Stock Exchange, that being the London Stock Exchange. The company claimed revenue of more than €800 million in 2011, and is licensed for online poker and other online gaming in France, Gibraltar, Alderney, Italy and Denmark. So what does that have to do with Sacramento’s Thunder Valley Casino Resort and online poker in California? A great deal actually.
California and Nevada – Likely Online Poker Partners?
Seeking to enhance the attractiveness of possible legalized gambling in the eyes of the federal government, many US states are exploring partnering up in their online poker legalization efforts. One of the states that will probably not go in that direction is California, who along with Nevada and New Jersey have recently been at the forefront of serious and concerted attempts to offer legalized gambling to their citizens. With more than 37 million people, sharing her player pool with another state would be close to a one-way partnership.
Pending Marriage Between Online Gambling And Social Media
At the recent Global iGaming Summit and Expo (GiGSE) in San Francisco held April 23-26 this year, two of the biggest topics on just about everyone’s lips were social gaming and online gambling. No matter who chimed in, and regardless what organization they represented, most of the 680 delegates who convened to discuss the emerging iGaming market in the USA agreed on one thing … online gambling is headed to the social gaming market. With twice as many attendees as 2011, the discussion of online gaming and gambling is heating up at the highest levels.
Bovada Enters USA Gambling Market
Bovada is the new USA online gambling platform for Bodog, and was developed for USA players exclusively. Bodog began alerting business affiliates that they intended to separate their USA and non-USA player traffic in the fall of 2010, with their new Bovada brand launching towards the end of December. Previous USA Bodog customers found that their accounts had been seamlessly moved over to the Bovada brand, and all they had to do was log in and it was business as usual. Another thing that remained the same is the banking suite, which features the same USA friendly deposit methods that Bodog offered, including Visa, Money Transfer, Rapid Transfer and MyPaylinQ.
Doj Modifies Interpretation Of Wire Act
Well it seems that even the DOJ can get into the holiday spirit as they gave the online gambling arena a rather nice gift on Christmas Eve in their decision to redefine precisely what type of gambling is prohibited by the 1961 Wire Act. The previous and long standing position of the DOJ regarding the Wire Act was that it prohibited all types of online gambling, including online poker. They have recently changed that position, and have determined that the Wire Act only prohibits online sports betting. If you had a quiet moment on Christmas Eve, you may have heard the delighted online gambling enthusiasts expressing their excitement, bringing the United States one step closer to legalized online gambling laws on a federal level.