Here’s What Happened This Week in mGaming

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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.

As 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 your revenue’s low and business isn’t expanding – where do you turn? No, not where, “Everybody knows your name.” Expand it to the Internet. That is exactly what West Virginia is doing. According to Flushdraw, “the state of West Virginia is considering legalizing online gambling to try to counteract the loss of the state’s gambling revenue to casinos across state borders.”

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.

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