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Online Casino News » Online Casino News http://www.flopturnriver.com/casino/casino-news Just another WordPress site Fri, 18 May 2012 22:46:03 +0000 en hourly 1 http://wordpress.org/?v=3.1 Indiana Seeks Online Lottery Partner http://www.flopturnriver.com/casino/casino-news/indiana-seeks-online-lottery-partner-14695 http://www.flopturnriver.com/casino/casino-news/indiana-seeks-online-lottery-partner-14695#comments Fri, 18 May 2012 22:46:03 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14695 The state of Indiana has announced its intentions to seek out a company capable of operating a proposed online lottery system. The State Lottery Commission, says the The Journal Gazette newspaper, is looking for someone who is willing to hold the reigns while still adhering to the dictates of the government.

“It will continue to be a state agency,” said the Hoosier Lottery’s Al Larsen, “with full control and direction from the Commission.”

This Commission is a five member panel, appointed by Indiana Governor Mitch Daniels. The group oversees a business which brings in some $200 million each year, according to iGaming Business. The touchy subject here comes on the topic of privatization. Lawmakers are being careful to avoid the appearance of such a move, which has failed twice previously due to legal hangups. Because of this, they will need to find a company who feels they can improve the state’s profits without being in complete control of the operation. Applications (complete with full proposals) will be due on June 1. A ruling is expected to take place before October of this year.

The Hoosier State is seeking to emulate the success of neighboring Illinois, who began selling online lottery tickets earlier this year. The program, as expected, has generated a significant chunk of revenue. This fact has not been lost on Indiana legislators, who would like nothing more than to put their own online system into the mix.

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Betfair Granted German License http://www.flopturnriver.com/casino/casino-news/betfair-granted-german-license-14692 http://www.flopturnriver.com/casino/casino-news/betfair-granted-german-license-14692#comments Fri, 04 May 2012 21:42:36 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14692 Betfair, a London-based online betting exchange, has been granted an operating license by the German state of Schleswig-Holstein. Citizens of the nation’s northern province will now have access to the popular betting channels and casino games offered through their internet client.

This was one of three licenses handed out by Schleswig-Holstein, whose government has worked out their own unique online gambling arrangement. Instead of imposing the 16.66% revenue tax favored by most other German states, they have implemented a 20% gross profits tax. Further setting themselves apart, Schleswig-Holstein has decided not to set a limit on the number of licenses offered within their borders. Online poker and casino games will be available by the end of summer, says iGaming Business, excluding baccarat, blackjack, and roulette.

Martin Cruddace, Betfair’s Chief Legal and Regulatory Affairs Officer, made a strong statement in support of his latest certification.

“We are delighted to have been awarded one of the first three licenses to operate in Schleswig-Holstein,” he said. “We look forward to making a significant and sustainable contribution to the newly formed market there, offering consumers innovative products in a safe and responsible betting environment.”

Two other operators were also granted Schleswig-Holstein licenses. Nordwest Lotto (a state lottery firm) and myBet (a subsidy of Jaxx AG) will be vying for the same customers as Betfair.

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Intra-State Sportsbetting Gains Steam in California http://www.flopturnriver.com/casino/casino-news/intra-state-sportsbetting-gains-steam-in-california-14688 http://www.flopturnriver.com/casino/casino-news/intra-state-sportsbetting-gains-steam-in-california-14688#comments Thu, 03 May 2012 01:26:59 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14688 Officials in California are lending strong support to a bill which could legalize sportsbetting within the state’s borders. The proposal, known as Senate Bill 1390, has received unanimous approval from the California Senate Governmental Organization Committee. Each of the panel’s thirteen members will now be tasked with recruiting their contemporaries to the cause.

Put forth by California State Senator Roderick Wright, Bill 1390 would allow citizens to place wagers on sports and other athletic events. This would cover games on both the collegiate and professional levels, according to iGaming Business. Licensed racetracks and satellite betting parlors would be able to offer wagering services to their customers, should the bill pass into law. In order to obtain this privilege, all establishments would need to submit an application to either the California Racing Board or the California Gambling Control Commission.

In the end, it comes down to money. Legislators throughout America are eying the potential profits that regulated gaming could bring in.

“Californians,” said Wright, “spend multiple billions of dollars going to places where this is legal.”

Since 2008, Wright has served as the Representative of the 25th District. This includes such cities as Los Angeles, Long Beach, and San Pedro. The career Democrat previously served as the Representative for the 48th District in the California State Assembly. He is perhaps most known for SB 827, a bill hailed by the Los Angeles Chamber of Commerce as the largest job creation bill of 2009.

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Federal Sportsbetting Bills Seeks Backers http://www.flopturnriver.com/casino/casino-news/federal-sportsbetting-bills-seeks-backers-14685 http://www.flopturnriver.com/casino/casino-news/federal-sportsbetting-bills-seeks-backers-14685#comments Sat, 28 Apr 2012 02:39:39 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14685 Lawmakers from the state of New Jersey have drafted a pair of bills which would overturn the federal ban on sportsbetting. Known as House Resolutions 3797 and 3081, these pieces of legislation would allow states to choose whether or not they would allow the practice within their borders.

Congressmen Frank Pallone (D) and Frank LoBiondo (R) are the men behind this bipartisan effort. As part of their collaboration, they have delivered a letter to their fellow politicians, asking for support for their bills. Both men have a longstanding reputation within the government, which should bring in a decent amount of backing.

“New Jersey has been clear about its intent to host sportsbetting,” LoBiondo writes. “Legalizing sportsbetting would strengthen Atlantic City in the face of stiff competition, giving it an additional edge to attract visitors and critical tourism dollars.”

“Sportsbetting is widely supported in the state of New Jersey,” added Pallone, “but federal law stands in the way of considerable revenues that will undoubtedly benefit the state.”

Currently, sportsbetting is prohibited under the Professional and Amateur Sports Protection Act of 1992. In order to circumvent this law, HR 3081 would grant an exception to the Garden State. Should this come to pass, HR 3797, as previously mentioned, would then allow other states to pass their own laws on the matter.

As always, money has become a huge motivating factor in these talks. According to iGaming Business, the implementation and taxation of sportsbetting in New Jersey could bring in “billions” of dollars. Voters have already shown considerable support for the idea, coming out in favor of a statewide referendum which allows wagering in casinos and at racetracks.

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Betfair Lands British Boxing Sponsorship http://www.flopturnriver.com/casino/casino-news/betfair-lands-british-boxing-sponsorship-14683 http://www.flopturnriver.com/casino/casino-news/betfair-lands-british-boxing-sponsorship-14683#comments Fri, 20 Apr 2012 22:27:49 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14683 Betfair has signed a deal with the British Amateur Boxing Association, making them the group’s official gaming partner. As part of the package, the online betting exchange will also sponsor their GB Amateur Boxing Championships.

This is actually a continuance of a relationship which began this past November. Betfair also sponsored their previous championship, finding that the parties worked well as a tandem. Both the BABA and Betfair are based in London, making them natural geographic partners.

“Betfair’s decision to extend its relationship with GB Boxing,” said BABA Executive Chairman Derek Mapp, “is a sign of its confidence in both the GB Boxing team and the health of the amateur sport in this country where it is delivering success at both the grassroots and the elite level.”

Andy Lulham, the man in charge of Betfair’s UK Brand Marketing team, expressed similar optimism regarding the fighters.

“There are a number of promising boxers in its ranks,” he said, “who are more than capable of delivering success in what I’m sure will be a standout year for the sport.”

Some of these young fighters are Luke Campbell, Andrew Selby, Tom Stalker, Fred Evans, and Anthony Joshua. Each of these five has already qualified for the 2012 Summer Olympics, putting them in elite amateur company. iGaming Business is also reporting that several individuals from the men and women’s GB Boxing teams are scheduled to make appearances at some of Betfair’s live events, which should push awareness of the sponsorship even higher. The fighters will also be providing material for Betfair’s social media platforms.

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William Hill Launches Live Casino for Italy http://www.flopturnriver.com/casino/casino-news/william-hill-launches-live-casino-for-italy-14680 http://www.flopturnriver.com/casino/casino-news/william-hill-launches-live-casino-for-italy-14680#comments Sat, 14 Apr 2012 04:43:04 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14680 William Hill has debuted a live online casino in the nation of Italy. Players there will now be able to participate in live dealer versions of blackjack and roulette. These games, as their names suggest, will be run by real people, rather than a computer.

“One key element of the Live Casino,” read a company statement, “is the dealers; real professionals who will dictate the rules of the game and bring it to life. Players can also interact with them via chat. There are no time limits to play as Roulette Live will be available 24-hours-a-day and Blackjack Live will follow soon. Playing online becomes life-like and you can experience the real emotion of being in a casino without leaving your home.”

Players will be able to view all of the action through a hi-resolution video feed. This streaming service will also afford users the chance to chat with their online table-mates in real time, according to iGaming Business.

“Thanks to Live Casino,” said William Hill’s Italy Country Manager, Roby Salvadori, “everybody can experience the emotion of a real casino simply by connecting from their sofa at any time. It’s fun and easy to use and we believe it will be a big hit with Italian players.”

The British gaming company plans to add more games to their live roster in the near future, should their initial offerings become popular.

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Missouri Unleashes Third Online Gaming Indictment http://www.flopturnriver.com/casino/casino-news/missouri-unleashes-third-online-gaming-indictment-14677 http://www.flopturnriver.com/casino/casino-news/missouri-unleashes-third-online-gaming-indictment-14677#comments Fri, 06 Apr 2012 23:44:31 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14677 Clyde Jeffries, a 76 year-old Missouri resident, has been indicted by a federal grand jury on charges of online sportsbetting. The court’s accusations revolve around Jefferies’ alleged “gaming business” which took wagers over the internet from October 25, 2010 to February 8, 2011.

Currently living in Las Vegas, Jeffries will return to his native state in order to face the charges. He has become the third individual indicted in Missouri over the past few weeks, joining 57 year-old William Lisle and 72 year-old Kenneth Lovett. All three men are facing charges regarding illegal online gaming.

According to iGaming Business, this trio is part of a 16-count sealed package, created by Beth Philips, the U.S. Attorney for the Western District of Missouri. Because of the nature of the indictments, information was not released until Jeffries was in custody.

Both the IRS and the FBI played a part in building the case, in collaboration with local law enforcement. By using the internet to transmit wagering information and take bets on sporting events, the accused managed to draw the attention of the authorities.

Lisle and Lovett, for their part, are charged with operating for much longer than Jeffries. The two allegedly ran an online betting service from January 2003 to February 2011. Additionally, Lisle is charged with 15 counts of money laundering, stemming from accusations that he sent money to Costa Rica through Federal Express. This could have been done to conceal the proceeds from such a business. A sum of $98,263 was found in his home, as well. Should the prosecution carry the day, Lisle would forfeit this money to the government.

What happens next isn’t exactly clear. All three individuals have completed an initial court date, though no further reports are available. News of more indictments will almost certainly follow, which could provide additional information.

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Indiana Considers Online Lottery Sales http://www.flopturnriver.com/casino/casino-news/indiana-considers-online-lottery-sales-14673 http://www.flopturnriver.com/casino/casino-news/indiana-considers-online-lottery-sales-14673#comments Fri, 30 Mar 2012 18:56:38 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14673 In the midwest state of Indiana, officials are investigating the possibility of selling lottery tickets through the internet. This news comes just days after the neighboring state of Illinois became the first to offer online lottery sales. With Indiana watching, the folks in the Land of Lincoln sold over $15,000 worth of tickets on opening day, with the first one purchased just minutes after the system’s launch.

“We have been monitoring everything,” said Al Larsen, a spokesman for the Hoosier Lottery. “When you get down to it, we have an obligation to maximize revenue for Hoosier taxpayers so we have to look at all sales channels… We’ll explore it.”

In order for the process to become legal, there are a few hurdles which must be cleared. Specifically, the state’s five member Lottery Commission would need to approve the idea. After that, says the Journal Gazette newspaper, the Hoosier Lottery will consult with Governor Mitch Daniels. Still, the group says, they would not need legislative approval in order to begin the sales.

That doesn’t mean that politics will be entirely absent from the process, however. Members of the state government will be keeping tabs on the process, some more skeptically than others.

“I’ve gotten a sense in recent years that there’s not a real appetite for expansion of gambling in the legislature,” said House Democrat Phil GiaQuinto. “On the other hand, we’re certainly competing against these other states. We’re obviously a gaming state but once you’ve started, where do you draw the line?”

All things considered, these obstacles are relatively minor. If online lottery sales become a major source of revenue for Illinois, it would be surprising if officials in Indiana didn’t jump onto the bandwagon.

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Online Lottery a Go in Illinois http://www.flopturnriver.com/casino/casino-news/online-lottery-a-go-in-illinois-14670 http://www.flopturnriver.com/casino/casino-news/online-lottery-a-go-in-illinois-14670#comments Fri, 30 Mar 2012 03:09:29 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14670 This past Sunday, Illinois became the first U.S. state to allow the sale of lottery tickets through the internet. In total, officials say, the new method of sale brought in more than $15,000. The first ticket, officials say, was sold just three minutes after their system launched.

“Yesterday the lottery began a new era,” said Illinois Lottery Superintendent Michael Jones, “one in which we mirror how many people buy a wide range of products in 2012… Hopefully, people will find our interface to be intuitive, easy-to-use and that it will allow them to participate in Mega Millions and Lotto drawings within minutes.”

The new web domain, IllinoisLottery.com, will serve as the portal for the system’s customers. The program is operated by Northstar Lottery Group, offering users the chance to purchase Lotto and Mega Millions tickets. Before being allowed access, all are required to enter their names, social security numbers, and other pieces of personal information.

When all is said and done, the Illinois Lottery is expecting this new buying method to bring in more than one million new players. Even with an established limit of $100 per customer per day, this will result in a large inflow of revenue.

This success in Illinois may lead to similar developments on the East Coast. The state of Maine is currently considering a proposal, known as LD 1880, which would allow online lottery sales. Though considered mainly as a placeholder bill (with an eye toward future gaming reforms), there is a chance that the Pinetree State could follow in Illinois’ footsteps. As written, the legislation gives a tentative launch day of September 1, 2013.

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New York, Maine to Update Gaming Laws http://www.flopturnriver.com/casino/casino-news/new-york-maine-to-update-gaming-laws-14667 http://www.flopturnriver.com/casino/casino-news/new-york-maine-to-update-gaming-laws-14667#comments Sat, 24 Mar 2012 02:27:37 +0000 PokerJanitor http://www.flopturnriver.com/casino/casino-news/?p=14667 The American states of Maine and New York are each engaged in talks which could bring about major changes in their gambling laws. These discussions, though separate, are a symptom of a recent warming in the nation’s gaming climate.

In New York, lawmakers are planning updates to the state’s constitution. By removing the ban on non-aboriginal gaming venues, these revisions will allow the construction of up to seven new casinos. While no specific sites have yet been selected, officials expect this process to be completed within the year.

“We are finally confronting the reality that while New York is already in the gaming business, we need a real plan to regulate and capitalize on the industry,” said Governor Andrew Cuomo. “This is a process that will ultimately put thousands of New Yorkers to work, drive our economy and help keep billions of dollars spent by New Yorkers on gaming in the state.”

Ever money-minded, state officials are keenly aware of the gaming revenue streaming across their borders and into neighboring states. With the help of these new casinos, they could recapture a sizable chunk of business.

There are a few more hurdles to clear, however. In order for the measure to pass, says iGaming Business, two consecutively elected legislatures must get behind the effort. If that happens, voters will then be offered the chance to decide the matter.

Further East, Maine lawmakers are considering a bill which would allow citizens to purchase lottery tickets over the internet. Similar to a measure currently under discussion in Illinois, this particular proposal is known as LD 1880. This bill, insiders say, is considered to be a frontrunner for a more thorough overhaul of gaming regulations in the Pine Tree State.

“This is an area of the law and an industry that is changing rapidly,” said Michael Carey, the lead Democrat in the state’s House of Representatives. “We want to make sure Maine is not left behind. My first priority is to make sure they’re not left behind because a federal law changed.”

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