Archive | online gambling

Mississippi Lays the Smack Down on Online Gaming

Mississippi Lays the Smack Down on Online GamingMississippi didn’t miss a beat at handing online gambling its lunch.

According to CS Report, lawmakers in the state who wanted to user in an era of regulated online gaming for lottery and sports betting have effectively been rebuffed.

Chairman of the Mississippi House Gaming Committee, Rep. Richard Bennett created the Internet Gaming and Sports Betting Task Force to introduce a study regarding the financial, legal consideration and technical aspects of online gambling. The results from the study showed very little interest in poker and more favorable interest towards sports betting.
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Poll: Pennsylvania Wants to Put a Stop to Online Gambling Before it Starts?

Online Poll Pennsylvania Wants to Put a Stop to Online Gambling Before it StartsPennsylvania is a state with twelve brick-and-mortar casinos and a visible hole in their tax revenue. But it appears they do not want to use internet gambling to fill that hole. However, looks can be deceiving.

Las Vegas Sands Corp. CEO Sheldon Adelson funded a survey to determine whether Pennsylvania wanted online gambling. The survey though, essentially gave no other alternative than for the voter to vote no. The most influential question that made people choose no was concerning whether they wanted their children to have access to gambling via the Internet.

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Wynn Won’t Welcome Online Poker

Wynn Won’t Welcome Online PokerBillionaire casino mogul Steve Wynn continues to hold his ground on his stance with online poker. To be specific, Wynn is against online poker that uses real money. If someone wants to gamble by playing poker, Wynn would rather them to do it in a brick and mortar casino (preferably one with his name on it) instead of online.

A bill banning online gambling is being pushed through Congress. However, there are certain parts exempt from the bill. One example is person-to-person poker, which is already a big hit in Nevada. Because it is already in existence, it would be exempt. Lotteries would also be exempt because they are state-run.

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Gambling at New Jersey’s Borgata Online Casino Making Positive Strides

Gambling at New Jersey’s Borgata Online Casino Making Positive StridesOnline gambling results have been a disappointment thus far in New Jersey, but Borgata’s online casino is making some positive strides.

For the third straight quarter, their online casino is showing a profit—not just an increase in sales, but a true profit. During the first quarter of 2015, the profit in question was an impressive $1 million dollars.

Part of the reason they are seeing a profit, according to Online Casino Reports is because significantly less is being spent on marketing their new online addition, not nearly as much as was spent during their first year online. On top of that, startup costs and first-time expenditures are no longer negatively impacting profits.

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Apple Brings Back Mobile Gambling Apps… in Sweden

Apple Brings Back Mobile Gambling Apps... in SwedenApple doesn’t have a death wish for gambling apps after all.

At least not in parts of Europe.

According to iGaming Business, Swedish operator association Branschföreningen för Onlinespel (BOS) says “Apple is to reinstate gambling applications for a number of major operators to the country’s App Store.”
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New Mobile App Touted as a Digital ‘Win-Win’ for Casinos

New Mobile App Touted as a Digital 'Win-Win' for CasinosMeet “Comp My Play” — a new mobile app that delivers what we’re told is exclusive casino incentives that users can redeem directly from their phone or mobile device at their favorite casinos.

With the relationship between casino gaming and mobile technologies growing closer than ever previously imagined, those behind this latest offering seem to have their finger on the precise pulse of the gaming industry today.

And support for the platform is coming out of the woodwork.
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Boyd Gaming Optimistic About Company’s Trajectory

Boyd Gaming Optimistic About Company's TrajectoryOfficials at Boyd Gaming are optimistic about where the company is headed. And they’re not dwelling on less than red-hot revenue to cool their jets.

Boyd Gaming reported first-quarter 2015 net revenues of $550.6 million, an increase of 1.8% compared to pro forma net revenues of $541.1 million for the same quarter in 2014.

“In the first quarter,” reflects Keith Smith, president and chief executive of Boyd Gaming, “we delivered broad-based EBITDA growth and margin improvement, driven by higher revenues and more efficient operations.”
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Atlantic City Looks to Keep Brick and Mortar Casinos Alive by Adding Online Gambling Option

Atlantic City Looks to Keep Brick and Mortar Casinos Alive by Adding Online Gambling OptionWith a drastic decline in attendance and revenue at their brick and mortar casinos, Atlantic City had to do something to keep the remaining doors open. Currently, only eight physical casinos remain in Atlantic City.

So Resorts Casino Hotel is taking the lead on expanding to online gambling.

How does online gambling help a brick and mortar casino exactly? A patron would need to physically visit the Atlantic City casino in order to gamble. Once you’ve played in the actual casino, can then continue your gambling experience from your hotel room or the privacy of your own home.

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Sponsors Confirmed for This Year’s iGaming Super Show

Sponsors Confirmed for This Year's iGaming Super ShowThe sponsors are piling in ahead of this year’s iGaming Super Show, which kicks off June 23rd in the Amsterdam RAI.

According to a report this week from Online Casino Reports, the event organizer iGaming Business has now publicly confirmed the top sponsors of this year’s show.

And the sponsors are:

Platform provider GAMING1 (Platinum sponsor), payment method SafeCharge (Gold), gaming solution provider BetConstruct (Silver) and payment method ecoPayz (Bronze).

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Bitcoin Sporting a Stronger Look in the World of Online Gambling

Bitcoin Sporting a Stronger Look in the World of Online GamblingWith a large number of restrictions against online gambling still in effect worldwide, many sites operating in these territories are losing ways to function. But helping matters tremendously is the advent of Bitcoin, an electronic form of currency that can be traded for items in certain catalogues. It is now even being test marketed with such online companies as Amazon, TigerDirect, and Kmart to name a few.

Now Bitcoin is growing stronger with the addition of BetKurus, a digital sports betting site of over 17,000 different sporting events a month. Not only do they feature international sports, there are also events that happen in the United States as well. Created by DigitalSport Entertainment N.V., this powerhouse site has created an extensive and popular legal online gaming experience.

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