Archive | online gambling

Infographic: The Hard Sell for Online Gambling in the U.S.

 Infographic: The Hard Sell for Online Gambling in the U.S.If the fate of online gambling lies in numbers — revenue figures and projections that will encourage or discourage lawmakers from legalizing online gambling nationally or state by state — lobbyists for online gambling may want to forward the following infographic to their nearest lawmaker.

LatestCasinoBonuses.com‘s new visual makes a compelling case for legalizing online gambling by exploring the benefits of gambling in the 48 states where the activity is permissible. Check it out below.

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An Online Gambling Projection That Should Get Mobile Marketers Excited

An Online Gambling Projection That Should Get Mobile Marketers Excited 268x300 An Online Gambling Projection That Should Get Mobile Marketers ExcitedWith mobile marketing spend representing an increasingly larger share of all marketing dollars spent within most industries, the latest projections with regard to the online gambling market in the U.S. should be viewed very favorably.

Morgan Stanley is out with a new projection noting that the online gambling market might soar to $5.2 billion by the end of the decade.

That could represent a huge opportunity for casinos and gaming platforms to utilize the mobile channel to market to players where they will soon do more of their wagering — on smartphones and tablets.

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Zynga’s Online Gambling Chief Takes a Walk

Zyngas Online Gambling Chief Takes a Walk 300x199 Zyngas Online Gambling Chief Takes a WalkOn Monday, the online gaming and gambling worlds learned that a major brand in the space has lost one of its most promising young executives.

In 2012, Zynga brought aboard Maytal Ginzburg Olsha to serve as the company’s chief operating officer (particularly with regard to new markets like online gambling).

As it turns out, Olsha left the company this week without much fanfare.
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NCSL Opposes Adelson’s Quest for Outlawing Online Gambling

NCSL Opposes Adelson’s Quest for Outlawing Online Gambling NCSL Opposes Adelson’s Quest for Outlawing Online GamblingOne year ago, there were three. And today, the same three remain – New Jersey, Delaware, and Nevada.

Although these states have already been established as lawful participants in the online gambling market, efforts are still being made to reverse any gains online gambling has made in the U.S. in recent years.

In August, the National Conference of State Legislatures (NCSL) took a formal stance urging the federal government to continue to allow states to regulate their own gambling.

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Here’s What Happened This Week in mGaming

Here’s What Happened This Week in mGaming8 300x167 Here’s What Happened This Week in mGamingHere are some of the top stories in mobile and online gaming that we’ve been monitoring in recent days.

One of the requirements of legalized and regulated online gambling is that online casinos must be connected with a brick and mortar casino. However, there is a bit of a loophole. Trump Plaza in New Jersey is — following rampant speculation and expectations – closing its doors, but their London based online partner Betfair will be allowed to continue to operate until the Trump Plaza license is revoked.

Cobalt Data Centers are already a well-respected name for many Las Vegas casino’s non-game related mobile apps. Since they have already cultivated a relationship with some of the biggest names on the strip, Cobalt decided to obtain licensing to offer gambling apps within Las Vegas.

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Skrill Seen Among the Simplest Solutions for Online Gambling Deposit Obstacles

Skrill Seen Among the Simplest Solutions for Online Gambling Deposit Obstacles 300x193 Skrill Seen Among the Simplest Solutions for Online Gambling Deposit ObstaclesAs strange as it may sound, some of the largest roadblocks online casinos and online gamblers face in the US are credit cards and financial institutions — most of which still refuse to process gambling deposits.

So what is a leading alternative when this obstacle is encountered? Perhaps the simplest solution that many are turning to is Skrill.

Skrill is an online wallet that operates in a manner similar to that of PayPal. By depositing online gambling funds through Skrill, banks and financial institutions will not know where a gambler’s money is going other than that it is going directly to Skrill to be spent on any type of electronic purchase consumers utilize Skrill to pay for.

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Delays Ahead for Online Gambling in California?

Delays Ahead for Online Gambling in California Delays Ahead for Online Gambling in California?California is slowly and steadily trying to pass legislation for the legalization of online gambling. But it remains to be seen if this effort will prove successful by 2015 as originally hoped.

So what’s behind the delay in California? According to Pokerupdate, “With the shelving of the Senate and the Assembly bills in California, the state’s online poker expansion status has changed from ‘clear frontrunner’ to the Facebook-esque ‘it’s complicated’ over the course of 2014.”

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What Prompted Mansion Poker to Pull Out Of The UK Online Gambling Market?

What Prompted Mansion Poker to Pull Out Of The UK Online Gambling Market 300x193 What Prompted Mansion Poker to Pull Out Of The UK Online Gambling Market?As many countries around the world continue to launch their own forms of legalized online gambling, developers in this market have to work within each country’s regulations. While many developers are open to complying with the taxation and licensure requirements, sometimes they become too cumbersome.

It is for this reason that Mansion Poker has decided to pull out of the United Kingdom’s online gambling industry. After the UK announced the changes to their online gambling laws, which will require licensure and increased taxation, Mansion decided that they would prefer to exit the country.

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NCSL: Online Gambling Is a State’s Choice

NCSL Online Gambling Is a State’s Choice 300x213 NCSL: Online Gambling Is a State’s ChoiceThe National Conference of State Legislatures (NCSL) is encouraging a major “choice.”

According to PokerNewsDaily, this choice is for each state “whether or not they want to pursue the legalization and regulation of online gambling.”

This encouragement has only been recent. According the report in question, the NCSL “formally took a stance against the Restoration of America’s Wire Act in August.” This was not the first time the NCSL voiced their opinion on online gambling. Before they formally announced their stance, it “was preceded in early April by a letter the NCSL wrote to the leaders of both the United States Senate and House of Representatives in which it protested the Sheldon Adelson-backed bill that aims to outlaw online gambling in the country.”

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Trump Plaza Closes, But Online Gambling Will Continue

Trump Plaza Closes But Online Gambling Will Continue 300x296 Trump Plaza Closes, But Online Gambling Will ContinueOne of the requirements of legalized and regulated online gambling is that online casinos must be connected with a brick and mortar casino. However, there is a bit of a loophole. Trump Plaza in New Jersey is — following rampant speculation and expectations – closing its doors, but their London based online partner Betfair will be allowed to continue to operate until the Trump Plaza license is revoked.

At that point, Betfair will have to find another brick and mortar casino to partner with, or will have to shut down their website. Since Betfair already has a steady client base, partnering with another casino may not be too difficult unless it infringes upon contractual agreements with other online developers.

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