Politics
Nadex Denied Ability to Offer Futures Betting on President Obama
While you can still bet on the US Presidential race and Barack Obama’s odds to be re-elected at online gambling sites the likes of Sportsbook.com, the Commodity Futures Trading Commission shot down a proposal by the North American Derivatives Exchange (NADEX) to offer options contracts on the US Presidential election, claiming such “gaming” was not in the public interest.
Couric vs. Palin Morning News Ratings Odds Give Former Alaska Governor Edge
Gambling911.com has released its own odds of a Couric vs. Palin morning news show showdown with NBC’s “Today” a 1/3 odds favorite to beat out ABC’s “Good Morning America”.
PPA Pushing to Have Online Poker Measure Attached to Cyber Security Bill
Poker Players Alliance Vice President of Player Relations Rich Muny sat down with Poker Fusion this week to address the possibility of online poker legislation finding its way onto an upcoming cyber security bill.
Sheldon Adelson Done With Newt Gingrich: ‘He’s at the End of His Line’ (Video)
In an interview featured on the Jewish Journal Thursday, casino magnate Sheldon Adelson essentially said that Newt Gingrich’s campaign to become the GOP US Presidential nominee is over.
UK Internet Gambling Tax Structure Restructured: Sin Tax Based on Consumption
Sinners in the UK, you’ll have to pay! At least if it is at online casinos and poker rooms where you play.
Internet gambling aficionados find themselves caught up in George Osborne’s budget tax increases.
A new tax will be introduced for Internet gambling that is based on the place of consumption. Previously, that tax was levied on a 'place of supply' basis.
George Osborne UK Chancellor of the Exchequer:
California Legalized Internet Poker Update (Video)
Sports Book Review analyst Natalie Rydström interviewed California State Senator Roderick Wright on the hot topic of legalized online gambling.
Attempts to Legalize Internet Poker, Casinos in Hawaii Fail
Hawaii is the latest state in the US to propose legalizing Internet poker only to have such efforts stall in the legislature.
A series of three related bills that included the legalization of Web poker, brick and mortar casinos and a state lottery were introduced back in January.
Rep. Angus McKelvey introduced the online poker measure that would have provided for a state lottery to oversee and regulate Web gambling activity.
Hawaii is one of only two states in the US that does not permit any form of gambling including a state lottery.
John McCain on Sheldon Adelson’s Donation to Gingrich Campaign: ‘Drives Up Unfavorables’
There has been plenty of hoopla surrounding casino magnate billionaire Sheldon Adelson’s multiple donations to a Newt Gingrich super PAC. Now fellow Republican, Senator John McCain, has suggested such cash infusions by Adelson have only served to harm the Gingrich Presidential campaign, which is now all but dead.
Herman Cain Wins at Wynn Using ‘9-9-9’ Plan at the Poker Tables
One time GOP candidate for President of the United States and former head of the Godfathers Pizza restaurant chain, Herman Cain, has taken his famed “9-9-9” plan to Vegas.
New Jersey Internet Gambling by September Despite Thursday Hiccup
New Jersey State Senator Raymond Lesniak promised that his measure to legalize Internet gambling would sail through the state legislature this past Thursday. That didn’t happen. But it was more a technical snafu than any type of opposition blocking the bill’s passage.
Iowa House Kills Online Poker Bill
The Iowa House has decided not to take up Senate File 2257 which would have legalized Internet poker in the state.
House Speaker Kraig Paulsen, R-Hiawatha, said there has been a “general lack of interest” in the topic among his 60-member GOP caucus, according to Dubuque’s KCRG.
“What are we in? Week 10?” Paulsen said March 15. “I don’t know if I’ve had three members mention this subject to me … until this week when the big hub-bub was.”
Former US Vice Presidential Candidate Wayne Root Looks to Launch Online Poker Site in US
Nevada based online social media and gaming company W Technologies Inc. is looking to launch an online poker within the USA that could eventually embrace “real cash” play.
Iowa Forges Ahead With Legalized Internet Poker
Could Iowa soon become the hub for legalized Internet poker in the Midwest USA?
No Voter Referendum Needed for New Jersey Internet Gambling
TRENTON, N.J. (AP) In the race to be the first to approve Internet gambling and dominate a potentially multi-billion-dollar market New Jersey lawmakers heard what they wanted to hear Monday from a Seton Hall law professor and expert on the state constitution.
Nevada Anticipates Online Poker Sites to be Live by Fall: NJ Big News Coming
In an interview with iGaming Business, Chairman of the Nevada Gaming Control Board Mark Lipparelli, said he anticipates Internet poker rooms to go live as early as this coming fall (2012).
He said, licensees “thoughtful about their approach and had their systems reviewed by test labs in the past” will be the first given the green light. An operation could go live soon after a successful technical evaluation, “by late fall and certainly by late winter or the early part of 2013.”
Mississippi Burning: Internet Poker Bill Dies in Committee
A controversial Internet poker bill that would have seen players funds essentially confiscated for nonactivity has died a quick death in the Mississippi legislature.
Arizona Senator Jon Kyl Removes Internet Gambling Statement From Site
Arizona Republican Senator Jon Kyl, who has been rumored to be in talks regarding amending the current Unlawful Internet Gaming Enforcement Act (UIGEA), a prohibition bill he co-authored in 2006, has removed a statement on his own website suggesting a change of stance regarding Internet gambling.
The statement removed read as follows:
Internet Gambling
NJ Sen. Jim Whelan: ‘I Feel Like I Am Being Blackmailed (By Horse Racing Association)’
A measure to legalized online gambling in New Jersey has moved one step closer to reality with a 3-0 passage in the state senate. Horse racing groups have threatened a derailment of the bill after an earlier funding commitment was removed however.
Racing industry lobbyist Barbara DeMarco has hinted at possible legal action, telling the Daily Record: “Undoubtedly the racing industry will push to have a constitutional amendment.”
Super Tuesday Betting Odds Have Romney Winning At Least 6 States
While Americans cannot bet at Irish bookmaker Paddy Power, the UK’s third largest bookmaker continues to be the only wagering establishment offering betting on all the US GOP primaries and caucuses, including odds on Super Tuesday.
Odds of Israel Striking Iran by Year’s End at 40 Percent Says Betting Exchange
There has been a lot of talk about Israel possibly striking Iran some time in 2012 should they fear an advancement of that regime’s nuclear program. The betting public remains somewhat skeptical, however, as only 40 percent believe a strike is imminent by year’s end.
California Pushes Forward With Internet Poker Bill
The state of California, which is the 8th largest economy in the world, will decide if Internet poker for real money play is to be legalized very shortly following the introduction of SB1463.
The bill was introduced by State Senator Roderick Wright this past week.
Online Gambling Affiliate Leader Honored by Obama
Warren Jolly, Head of Affiliate Media, was one of several honored by US President Barack Obama on Monday for his achievements as a young entrepreneur. Jolly was one of the pioneers in the online gambling affiliate realm.
Iowa Subcommittee Approves Legalized Online Poker
An Iowa Senate subcommittee on Monday approved a bill that would legalize online poker in that state.
The vote came against opposition from family values groups like Family Leader.
“This is just the beginning," said Danny Carroll, a Family Leader official and former state lawmaker. "The people of Iowa do not want it," he said, citing Iowa and national polls indicating a plurality of opposition to legalizing online poker.
Carroll has asked the three-member Senate panel to consider the dangers legalized online poker might have on families.
PayPal Founder Donates $1.7 Million to Ron Paul Campaign
The co-founder of the popular online payment platform PayPal, Peter Thiel, donated $1.7 million last month to a super PAC supporting GOP Presidential hopeful Ron Paul.
In total, Thiel has donated $2.6 million to the Endorse Liberty super PAC created last year to aid the Paul campaign.
All four Republican candidates are in the process of filing fundraising reports for the month of January along with their super PACs. These must be submitted to the Federal Election Commission today.
The Texas Congressman has long been an advocate for one’s right to gamble online.
Sheldon Adelson Pumping Another $10 Million Into Newt Gingrich Campaign
CBS News has learned that billionaire casino magnate Sheldon Adelson is pumping yet another $10 million into GOP Presidential hopeful Newt Gingrich’s faltering campaign.
Maine May Not Have Been a Win for Romney
It is beginning to look like yet another state got it wrong in the Republican primaries/caucuses.
First it was Iowa where one time Senator Rick Santorum was the eventual winner after several days of former Massachusetts Governor Mitt Romney being touted as the victor. Now we have Maine where it appears Texas Congressman Ron Paul may have beat out Romney.
Harry Reid: ‘No Internet Poker in Payroll Tax Extension Bill’
Senate Majority Leader Harry Reid on Thursday put an end to rumors that a measure to legalize Internet poker might be attached to a Payroll Tax Extensions bill.
He declared Thursday that the bill does not contain any such Internet poker attachment.
From the Las Vegas Review Journal:
As details of the payroll tax bill were being unfurled, Reid, the Senate majority leader from Nevada, said online poker was not in there.
He did not elaborate on a quick comment made to a reporter as he entered a Senate elevator.
New Harry Reid Cyber-Security Bill a Likely Vehicle for Internet Poker
After two controversial Internet piracy bills were shelved last month, Senate Majority Leader Harry Reid is back with a revised bill that could potentially include an amendment to strengthen the Unlawful Internet Gaming Enforcement Act (UIGEA) while legalizing Internet poker. Gambling911.com should stress that there is no confirmation of such plans to tie the two bills at this early stage. That may all change shortly.
PPA Director: ‘Payroll Tax Extension Bill Probably Not Right Vehicle for Internet Poker’
A lot of excitement is building in the online poker community with news that a Payroll Tax Extension bill could be passed within the week. There has been much speculation that Senate Leader Harry Reid and Arizona Republican Senator Jon Kyl might attempt to attach an amendment to legalize Web poker by strengthening current prohibition, The Unlawful Internet Gaming Enforcement Act (UIGEA).
Payroll Tax Extension Measure Could be Voted on This Week: Internet Poker Inclusion?
A measure to extend payroll tax cuts through to the end of 2012 is expected to be voted on this week. Those in the online poker sector are eyeing this bill as one that could contain an amendment legalizing Web poker in the U.S.
