Gibraltar Raises Tax Levies On Internet Gambling Firms
The Internet gambling haven of Gibraltar, long known as a tax haven, has decided to raise tax levies. Beginning in 2011, it will impose a standard 10 percent tax.
Ladbrokes Looking To Buy 888.com
After a failed attempt to acquire mega online casino company 888.com four years ago, The United Kingdom’s biggest bookmaker, Ladbrokes, is trying once more.
It was revealed Sunday night that Ladbrokes is offering around £240m or 70p a share. That is nearly half of what they offered four years back but the industry is in constant flux and online casinos in particular have been battered by the current economic crisis.
Nevada In The Toilet
The unemployment rate in the casino rich state of Nevada has now hit 14.3 percent and things do not seem to be getting much better. The percentage rose from 14.1 in October.
Australian Gambling Sports Betting Ads, Promos Cop Heat
G'day casino and gambling millionaires, billionaires, media moguls, sports nuts, entertainment news junkies, insiders, outsiders, politicians, journalists and everyone else. Today we probe the proliferation of sports betting, casino and gambling mentions and themes in the Australian media, sports and entertainment business.
New Jersey, California Race to Legalize Internet Gambling
With the worldwide Internet gambling market generating some $330 billion, US states the likes of New Jersey and California are looking to legalize the activity within their own borders.
Harry Reid Draft Bill for Internet Poker Targeted for Spending Bill
Reid Poker Draft Bill Promises Between $10 to $40 billion in Tax Revenue
Online Poker Traffic Jumps 3.4 Percent Ahead of Possible Legalization in US
No More OTB in NYC? Last Minute Reprieve Could Happen
OTB or Off Track Betting has announced it will cease to exist in New York City as of this Friday December 3, 2010. But could the troubled 40-year-old betting firm get a last minute reprieve?
Senate Democratic Leader John Sampson of Brooklyn will be calling the Senate back into session on Tuesday in order to consider a bill that would save the OTB. Any shutdown would result in 800 employees losing their jobs.
New York Governor David Paterson has also stepped in to try and find a last minute solution.
2014 Super Bowl in New Jersey Could Be Huge For State Sports Betting
