The District of Columbia is becoming the first U.S. jurisdiction to allow Internet gambling, trying to raise millions of dollars from the habits of online poker buffs and acting ahead of traditional gambling meccas like New Jersey and Nevada. Permitting the online games was part of the 2011 budget and a 30-day period for Congress to [...]
Entries Tagged as 'internet gambling'
Washington D.C., First to Legalize Online Gambling
April 13th, 2011 No Comments
Tags: Washington DC
Proposal to legalize Online Poker May Become Part of Must-Pass Legislation Before Congress Adjourns
December 12th, 2010 No Comments
Senate Majority Leader Harry Reid’s proposal to legalize and tax online poker may become part of a spending package or other must-pass legislation before Congress adjourns for the year, the Washington Post reported. Reid, a Nevada Democrat, decided against adding his measure to a compromise tax-cut package amid concerns it would undermine the tax bill’s [...]
Tags: Dave Camp · Harry Reid · Lamar Smith · Mitch McConnell · Spencer Bachus
Casinos Warm Up to Online Gambling as a Better Bet
October 6th, 2010 No Comments
Many of the country’s largest casinos, long opposed to gambling games like poker on the Internet, are now having second thoughts. Although online gambling is popular with millions of Americans, it is illegal in the United States, and the casino industry has considered it a threat. But a trade group that represents major casinos like [...]
Tags: Barney Frank · Harrah’s Entertainment · MGM Resorts · Wynn Resorts
PartyGaming and Bwin Interactive Entertainment to Merge
July 30th, 2010 No Comments
Two of the biggest European operators of Internet betting sites, PartyGaming and Bwin Interactive Entertainment, said Thursday that they planned to merge, forming the world’s largest publicly traded online gambling company. The deal comes at a time when a number of governments both in Europe and the United States are relaxing the rules on online [...]
Tags: Bwin Interactive Entertainment · Jim Ryan · partygaming
Congress is considering legalizing Internet gambling
July 28th, 2010 No Comments
With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling. On Wednesday, the House Financial Services Committee approved a bill that would effectively legalize online poker and other nonsports betting, overturning a 2006 federal ban that critics say [...]
Tags: Barney Frank · Brad Sherman · internet gambling · Jim McDermott · Spencer Bachus
