While there are censorship laws that restrict what type of commercial advertising can be aired when it comes to live or online gambling, U.K. TV broadcaster Channel 5 was recently allowed an exception to traditional censorship, Gaming Intelligence reports.
Reality TV show “My Spiral into Debt Hell” features individuals who are experiencing extreme problems with debt. In a recent episode, they featured an online gambler who ran up so much gambling debt that he lost everything—his home, his job, and his family.
Posted in Casino industry, News, Regulations
The Nevada Gaming Commission will soon have a new chairman.
The current Chairman Peter Bernhard, who has led the body for 13 years, plans to resign today in Las Vegas, having served longer than any previous chairman.
“Las Vegas physician Tony Alamo Jr., a member of the commission since 2008, was named chairman by Gov. Brian Sandoval on Wednesday,’ the Las Vegas Review Journal reports.
Posted in Gaming industry news, Regulations
While creative online marketing is allowed in just about every industry in the UK, it is frowned upon within the gambling industry.
The UK Advertising Standards Authority (ASA) has provided Irish-based online gambling site Paddy Power with many warnings about their methods of advertising. They have even gone as far as to ban some of their advertisements—such as their infamous advertising campaign that made a joke of domestic violence.
Even after many warnings, Paddy Power did not listen or learn—and has since had an additional ad banned. Their “Stick One On It” TV commercial was found by the UK Advertising Standards Authority to link gambling and seduction together in an irresponsible manner and therefore was banned.
Posted in Casino industry, Gaming industry news, News, online gambling, Regulations
With Delaware, New Jersey, and Nevada firmly entrenched among the early state adopters of legalized online gambling, the big question remains which state will be next to join the party?
The answer, most industry watchers believe, lies out West.
While many states are at least weighing the pros and cons of the revenue they can generate from gambling tax, implementing and regulating online gambling is no small feat.
Posted in Online poker, Regulations
Online gaming firms and casino marketers may not want to get their hopes up about Texas.
As it turns out, everything is bigger in Texas – including opposition to real-money online and mobile gambling.
Unlike other U.S. governors and state legislatures, where the issue of online gambling appears to be winning more favor, Governor Rick Perry is steadfast in his view.
Posted in Announcements, Mobile Gaming, News, online gambling, Regulations
Nevada, Delaware, and New Jersey are all seeing a significant increase in their gambling revenue made possible by the addition of online gambling.
The additional revenue that online gambling has the potential to generate has many states such as California and Illinois weighing the pros and cons. But many believe that Pennsylvania may be next.
Even though not all states are generating the revenue they hoped for, all three states where online gambling is legal are now raking in millions in revenue. It is this impressive earnings potential that has Pennsylvania taking notice. Currently Pennsylvania is looking at being around $1 billion dollars short of their annual budget, so online gambling-related taxes could help to close the gap.
Posted in Legal, online gambling, Regulations
Many states have legalized marijuana for medical purposes, and more are becoming receptive to legalizing marijuana for recreational use too. So far only Washington and Colorado have legalized marijuana for regulated recreational use.
While legalizing marijuana is a hot topic of debate, so is the legalization of online gambling.
In 2011 a 1961 law that regulated gambling, was amended to allow individual states to regulate their own online gambling. So far Delaware, New Jersey and Nevada have legalized online gambling, which is now producing millions of dollars in revenue from gambling taxes. This has many other states taking notice and considering allowing online gambling too.
Posted in Announcements, News, online gambling, Regulations
Online casinos have encountered some roadblocks recently, as consumers have become reluctant to use them in response to concerns that these platforms are not safe to use, especially because they lack regulations.
After the PokerStars scam came crashing down, it has been difficult to build up the reputation of online casinos, including those who have no affiliation with the company that openly stole from its customers.
However, increased regulations have made it safer for customers to use these online casinos today. In addition, because many people have started using online banking and other online monetary services, it has become more and more acceptable to gamble online (where legally permissible to do so, of course).
Posted in Announcements, Casino industry, online gambling, Regulations
Ontario Canada has considered introducing online gambling for quite a while now. It’s been so long, in fact, that most people believed it simply would not happen.
This year, however, the Ontario Lottery and Gaming Corporation has made major strides in meshing online gambling with the physical casinos. The organization has been looking into how online betting will affect the current horse racing industry, for example, and how online casinos will be regulated.
The government is eager to introduce online gambling as soon as possible, as a large chunk of revenue—almost two billion dollars—comes from the regulation and licensing fees for physical casinos. Because online casino regulations are not yet as structured or strict as physical casinos, there is some concern that revenue could be lost in the short term.
Posted in News, online gambling, Regulations
In 2011, the U.S. Department of Justice determined that the Federal Wire Act does not preclude states from adopting online gambling. And it didn’t take long for states to capitalize.
Since 2013, Nevada, Delaware, and New Jersey have all tested and implemented forms of online gambling, as well as a multitude of states that allow Lotto tickets to be purchased online.
On top of that, many states are doing the research and groundwork required to implement their own form of online gambling. The primary benefit being that there is great earnings potential for each state through added tax revenues.
Posted in News, online gambling, Online poker, Regulations