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Update: Gambling on the US Presidential Election

There's no question that the 2016 US Presidential election is completely bizarre, even by the standards of the worldwide gambling industry. While the election is definitely off the rails, there are a number of big issues on the horizon that could impact operators and punters alike. These issues include the passage of a national online…

Trump Taj Mahal Casino Closing After Month-Long Strike

Running a successful land-based casino is never as easy as it might sound, even if you're a billionaire; just ask Donald Trump and Carl Icahn. Both men attempted to turn Atlantic City's Taj Mahal Casino into something other than a money pit and failed. Late last week officials at Icahn Enterprises would be closing the…

How Does US VP Candidate Mike Pence Feel About Gambling?

Regulated gambling isn't an issue that gets much play during most US Presidential elections. And almost no one ever cares what a vice-presidential nominee thinks about the business. Unfortunately, almost nothing about this year's battle for the White House qualifies as, most US Presidential elections. That's why it's worth taking a look at how GOP…

Sheldon Adelson Hires Trent Lott as Top RAWA Lobbyist

Billionaire casino owner Sheldon Adelson has hired former GOP Senator and majority leader Trent Lott to lobby on behalf of the Restoration of the American Wire Act (RAWA). Lott, who works on behalf of the Washington D.C. lobbying firm, Squire Patton Boggs will be pushing Adelson's anti-online gambling legislation to lawmakers on Capitol Hill. Of…

New Zealand Racing Minister Targets Offshore Gambling Sites

New Zealand's Racing Minister, Nathan Guy, is very interested in online gambling, but don't go targeting him as a potential conversion just yet. Earlier this week Guy commissioned a study group to take a look at New Zealand's online gambling industry and figure out what to do about the problem of offshore gaming sites. That…

Harry Reid Flip Flops on Regulated, American Internet Gambling

Nevada Senator Harry Reid is dead set on banning regulated online gambling in the United States before leaving office in 2016. In a recent interview with Nevada Public Radio, the outgoing politician said he would support a ban on online gambling, but was open to an exemption for poker. "I believe that online gaming is…

State Governments Debate Online Gambling Bills

In State Houses across the United States, legislators are back in session and online gambling; sports betting; and lotteries are on the agenda in many of them. Thanks to a lack of Federal online gambling regulations, state governments wield tremendous power over the American online gambling industry. State lawmakers are also heavily influenced by what…

Congress Eyes Online Gambling Ban (Again)

A Utah Congressman working at the behest of a Las Vegas billionaire is trying to ban online gambling in the United States. Jason Chaffetz (R-Utah) (pictured above) is the Congressman and is trying to turn back the clock on internet gambling by turning the Restoration of the American Act (RAWA) into law. If passed by…

Dutch iGaming: A Peek into the Future

When the Dutch igaming market opens to international operators in 2015 it will be the latest in a long line of European Union member countries to embrace liberalizations. The big question for operators and affiliates is whether the Netherlands will also be the latest in a long line of European gaming markets to fizzle out…

Bitcoin and the Fictions of Money

Individuals and businesses around the globe are either buying Bitcoin, handling some of their payments in it, or simply treating it as an investment. But despite all this, what Bitcoin is most of all, is an unknown. No one really knows where Bitcoin is going, but there are still some interesting points of view we…