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Madrid Cuts Casino Tax For Las Vegas Sands Resorts

[caption id="attachment_29882" align="aligncenter" width="425" caption="Madrid says "Yes" to Lowering Tax Rate"][/caption] Sheldon Adelson’s strong negotiation power and financial weight was just enough to convince the mayor of Madrid to cut the casino tax from 45% to 10%. When you’re about to spend €15 billion developing a massive EuroVegas hotel and casino in the region and…

Google Faces FTC Ultimatum

The Federal Trade Commission (FTC) is stepping up pressure on Google to change their ways or face a big-time anti-trust complaint. According to a number of published reports, the two sides have been negotiating concessions from Google, but things aren't moving fast enough for the Feds. Most sources say that a formal anti-trust complaint from…

Pennsylvania Lottery Considers Online Expansion

The Pennsylvania lottery is looking at expanding its highly successful program with online ticket sales and keno. While state officials believe that the expansion could help beef up revenues that benefit seniors, state employee unions are saying, "Not so fast." What's bothering critics are Governor Tom Corbett's highly secretive attempts to privatize the lottery's online…

Online Poker Legislation Update

Online poker is going is primed for a major explosion in the coming months as the US market slowly comes back to life. That means 2013 will bring a slew of online gaming legislation at the state and Federal levels. Here's a few updates to help affiliates keep current on this very important topic: Federal…

First Nations in Saskatchewan Prepare For Online Gaming

[caption id="attachment_29483" align="aligncenter" width="425" caption="First Nations Brand Goes Online Anyway"][/caption] Even though the government in Saskatchewan has publicly stated that it would not be entering the online gaming space, the First Nation Tribes in the province is still moving forward. Currently, in Canada the provinces of British Columbia and Quebec have started their own online…

What the 2012 Election Means for Online Gaming

After one of the longest, most expensive and bitterly fought national elections in US history, the dust is settling on a political landscape that could be quite friendly to the gaming industry. If you're still sorting the results, celebrating, or nursing a broken heart, here's what you need to know about the outcome of the…

Obama To Win, Sportsbooks Says

Pundits and pollsters are calling tomorrow's US Presidential election a, "toss up," but sports betting exchanges do not agree. According to a recent article in EGR Magazine, most betting exchanges and sports books are calling for a big Barrack Obama win tomorrow. Over at Betfair, one of the biggest betting exchanges around, there's plenty of…

How Native American Gaming Could Impact Online Poker

Native American gaming interests are an x-factor that could seriously impact how legal, online gaming is regulated in the United States. That's because, unless the Federal Government intervenes, tribes will be able to operate online with almost no regulatory oversight. Throw in a few hundred small tribes that need little more than a couple servers…

Netherlands Gets Serious On Gambling Regulations

[caption id="attachment_29125" align="aligncenter" width="425" caption="Netherlands Gets Ready For Online Gambling Legislation"][/caption] Both the Dutch Liberty Party and Labour Party coalition government have announced their plans to overhaul the gambling regulations in the country. The good news is that the new government will begin issuing egaming licenses before the end of the current term and will…

The Politics of Gambling – 2012 Election Edition

Gambling is one of the few industries that shaped as much by political forces as it is by economic forces. That's why the upcoming national and local elections in the United States incredibly important everyone in iGaming, whether they're in the US or not. Because there are so many angles to the politics of gambling,…