Archive | online gambling

Senator Reid Plans to Retire Taking Online Gambling with Him

Senator Reid Plans to Retire Taking Online Gambling with Him 300x237 Senator Reid Plans to Retire Taking Online Gambling with HimSenator Harry Reid has announced that he is ready to take a step back and retire. Before Reid retires though, he is going to do everything he can to add the abolishing of online gambling in the United States to his legacy card.

The interesting thing is that what Reid is proposing is a contradiction. Reid still wants to keep online poker in Nevada, but abolish everything else. According to Vegasinc.com, “In the past, Reid has supported exempting online poker, which is legal in Nevada, from a broader online gaming ban. But in the interview on KNPR’s “State of Nevada” talk show, Reid wasn’t clear about whether he would try to carve out a poker exemption in the current bill, which is backed by Las Vegas Sands CEO Sheldon Adelson.”

It is still unclear what Reid is trying to do with this ban. What is clear, however, is that he wants gambling done live in the state of Nevada, at the casinos, and not via the Internet.

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New Jersey Aims to Remove One of The Largest Roadblocks for Online Gambling

New Jersey Aims to Remove One of The Largest Roadblocks for Online Gambling 300x211 New Jersey Aims to Remove One of The Largest Roadblocks for Online GamblingOnline gambling is certainly generating revenue in New Jersey, but is falling drastically short of expectations. In fact, all states who have legalized regulated online gambling are seeing far less success than expected.

One of the largest roadblocks for online gambling in New Jersey is that more than half of all MasterCard transactions — and over 25% of all Visa gambling payments — are being declined. On top of that, Amex declines all online gambling transactions, says Press of Atlantic City

What this means is that even if someone wants to gamble online, that they may be unable to deposit funds. But New Jersey has devised a plan to remove this roadblock, by creating a new Merchant Category Code. The current Merchant Category Code for any and all, including the illegal and unregulated online gambling, is 7995. Many banks automatically decline all transactions with this code, due to their concern of facing criminal liability.

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Attention Casino Marketers: Casino Marketing & Technology Conference Set for July

Attention Casino Marketers Casino Marketing Technology Conference Set for July 300x220 Attention Casino Marketers: Casino Marketing & Technology Conference Set for JulyCasino marketers everywhere will soon descend upon the Rio All-Suite Hotel & Casino is in Las Vegas, Nevada, as this will be the site of a critically important casino marketing and technology conference this summer.

Spanning July 14-16, the conference will include the first-ever technology program designed specifically for casino marketers.

Casino Marketing & Technology 2015 has been known as Casino Marketing since 2005. It will again follow Raving Consulting’s Host Development Conference, (July 13-14). Casino Marketing & Technology and will feature the same robust traditional marketing conference content that Casino Marketing attendees have come to expect over the years, as well as a dedicated track of technology sessions that are geared toward marketers.
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Advertisements for Unlicensed Online Gambling Under Fire in Sweden

Advertisements for Unlicensed Online Gambling Under Fire in Sweden 300x187 Advertisements for Unlicensed Online Gambling Under Fire in SwedenIf you are part of online gambling that isn’t sanctioned in Sweden you might want to advertise elsewhere. Lotteriinspektionen, the regulators of Sweden’s gambling, are cracking down on advertisements for unlicensed online gambling as it has been affecting profit accumulations for Sweden.

In March of this year, a new amendment was enacted that will focus on not only companies in the country of Sweden, but also foreign companies that may be advertising unlicensed online gambling. This amendment is in compliance with the European Union competition laws, meaning that Lotteriinspektionen will not only focus on foreign companies, but also on companies based in Sweden.

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Mayweather vs. Pacquiao Fight Likely To Break Online Betting Records

Yahoo Preps Four New Apps for Apple Watch 300x200 Mayweather vs. Pacquiao Fight Likely To Break Online Betting RecordsEvery once in a while there is a sporting event that is so highly anticipated that it stands to be legendary. On May 2, 2015 the fight between Floyd Mayweather Jr. and Manny Pacquiao is proving to be just that. The fight will be held at the MGM Grand Garden Arena in Las Vegas, and is long sold out.

Aside from the fact that the tickets prices for the fight were astronomically high, the fight is expected to break online sports betting records. Other sporting events that tend to draw large sums of money include the Super Bowl, the World Cup, and many other league finals.

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Online Gambling In Delaware Still Falling Short Of Expectations

Online Gambling In Delaware Still Falling Short Of Expectations 300x199 Online Gambling In Delaware Still Falling Short Of ExpectationsLike all states that have launched regulated online gambling, the state of Delaware is still raking in less online gambling revenue than expected. According to their latest calculations, online gambling has dropped 14% from February 2014 to February 2015. That being said, January 2015 was 8% higher than January 2014.

In an effort to improve results, the state of Delaware has partnered with a few Las Vegas casinos to offer Delaware residents the ability to gamble with some of their favorite casinos on the Vegas strip.

While overall numbers are still drastically lower than projected, some progress is being made. For example, wagers have increased by 17%, and 274 new players registered for online gambling in the month of February.

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Betfair Forced to Battle DDOS Attack

Betfair Forced to Battle DDOS Attack 300x187 Betfair Forced to Battle DDOS AttackAn attack was waged over the weekend on a number of online gambling-themed news sites and service providers.

GamePolitics reports that Poker News is among the prominent digital publications to be taken offline as a result of a DDOS attack.

But we’re also told that Betfair and PokerStars found themselves in the same boat.

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SafeCharge, TAIN Team Up to ‘Enhance eGaming Payment Funnel Conversion’

SafeCharge TAIN Team Up to Enhance eGaming Payment Funnel Conversion SafeCharge, TAIN Team Up to Enhance eGaming Payment Funnel ConversionSafeCharge, a provider of payment technologies, has just hooked up with the folks at TAIN AB, a turnkey solution provider for the e-gaming industry.

On Tuesday in London, the new partners announced that they will be collaborating to offer payment services to White Label licensees and enhance eGaming payment funnel conversion.

TAIN, which has developed platforms and online gaming solutions since 1999, “has recently opened up a number of new International markets,” a provided statement reads. “By utilising SafeCharge’s network of Alternative Payment Methods, TAIN will now give its White Label licensees access to a wide range of local and alternative payment methods.”
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Media Impressions Not Atlantic City’s Benchmark

Media Impressions Not Atlantic City’s Benchmark 300x198 Media Impressions Not Atlantic City’s BenchmarkThe Atlantic City Alliance (ACA) is the agency responsible for staying on top of the city’s negative news. In the past few years negative news has been related primarily to casino closures, financial concerns, and legal issues the city is facing.

While many similar agencies focus on how many media impressions each of their negative or positive news articles generates, the ACA has developed a different benchmark. The thought behind their benchmark acknowledges the fact that just because media impressions may be high, that there is not necessarily a measurement of the negative or positive impact.

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Morgan Stanley Drastically Revises Estimates of U.S. Internet Gambling

Morgan Stanley Drastically Revises Estimates of U.S. Internet Gambling 300x168 Morgan Stanley Drastically Revises Estimates of U.S. Internet GamblingWith the introduction of regulated online gambling in the United States, well-respected Morgan Stanley recently conducted research, and provided estimates for the growth within the online gambling industry.

With the dismal results of the few states that have legalized online gambling, Morgan Stanley has revised the report they issued in September 2014, Poker Updates confirms.

Initially, Morgan Stanley believed that combined revenue for Internet gambling would reach $5.2 billion by the end of 2020. Now their new estimates are closer to half of that amount at just $2.7 billion.

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