Online Casino Edition – Casino News News about online casinos and gambling

January 14, 2011

What 2011 Has In Store For The Online Gambling Industry

Filed under: Casino — Tags: , — OCE News @ 12:00 am

A Futile Wait For Online Casino Legislation

The year 2010 proved to be a futile wait for the United States online gambling players. The chances of the United States legalizing online gambling has faded away with the year 2010 drawing to a close. The Republicans had quietly passed the antigambling law in the form of Unlawful Internet Gambling Enforcement Act (UIGE). In fact, online gambling was added to the Security and Accountability for Every Port Act of 2006 and President Bush signed this Act into a law on October 13, 2006. Nevertheless, there is speculation that individual states may well formulate their own online legislation, the way it is presently happening in New Jersey and some other locations. Gambling in the United States is USD 12 billion a year industry. Experts on gambling and e-commerce believe it will be very difficult to put a cap on this industry. They speculate that online gambling will eventually recover.

Gaming Law In New Jersey

A January 2011 date has been set for online gaming bill number S 490 to be presented to the assembly in New Jersey. A slight delay in the presentation of the bill was because of certain minor modifications made in the text of the bill itself. After it passes through the assembly, the bill will be presented to Governor Chris Christie for approval.

Sobering News From Behind The Iron Curtain

It is bad news for gamblers in Russia. Not only is Russia trying to close down land-based casinos, but is also in a process to shut down online gambling. Those caught placing wagers online are fined up to 2000 rubles. There are elite lottery clubs in Russia that continue to offer online gambling. The authorities have already shut down 78 such clubs and seized 3000 pieces of equipment purported to have used for gambling. The Russian government is suspicious that there are loopholes in the law and they plan to ban even slot machines in the near future.

A Fortune Transacted For Two Truffles

A Macau casino tycoon Stanley Ho paid a whopping amount of USD 330,000 for two truffles at a weekend auction in Hong Kong. This is the fourth straight year he has won the truffle auction at his own Lisboa Hotel. Ho is now an owner of a massive truffle from Tuscany, Italy, weighing around 900 grams and a smaller piece weighing around 400 grams.

Double Whammy For A Slotland Player

It is booty time for a player named Robinson J, who is expecting her first grandchild in early 2011 and has won $78,112 playing her favorite Slotland game. It will be a great New Year start for her.

Nevada Gaming News

The Nevada Gaming Commission made an important announcement recently that internet gaming will start in the state soon. The Nevada Gaming Commission gave approval to the Leroy Group for their Leroy Apps that allows the residents of Nevada to place sports bets on their mobile phones. The key argument that convinced the legislators was that the application had the technology to identify when the gamblers were within the state boundary.

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