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Tuesday May 21, 2013

Stories related to ‘gambling’

Online Gambling Company Will Buy Atlantic Club Casino

Online Gambling Company Will Buy Atlantic Club Casino

In the wake of the passing of the online gambling bill in New Jersey,  online gambling company Pokerstars is seeking to purchase the Atlantic Club Casino in Atlantic City. This proposal would be the first time that an online company would join the physical gambling world in Atlantic City, [Full Story…]

#Christie to Decide NJ Online Gambling Bill

#Christie to Decide NJ Online Gambling Bill

NJ gamblers are awaiting a decision from Governor Chris Christie on a bill that will allow the state to participate in the Internet gambling business. State legislators sent Christie an updated bill, claiming that it addresses his concerns about the previous version. Michael Frawley of the [Full Story…]

Online Poker Con Man Gets Three Years in NY Trial

Online Poker Con Man Gets Three Years in NY Trial

In January it was reported that Ira Rubin had pleaded guilty to helping online poker companies transfer billions of dollars in illegal gambling proceeds overseas from US customers. According to the AP, today Rubin has been sentenced in NY to three years in prison. Federal Judge Lewis Kaplan [Full Story…]

Cuomo OKs Video Lottery Terminals in Bars

Cuomo OKs Video Lottery Terminals in Bars

Bars in NY will be adding New York Lottery video game terminals to their locations as a result of a law pushed through legislature by Gov. Cuomo. According to Crain's New York Business, the NY Lottery has already placed 92 terminals in bars since April, and these new Quick Draw video installations [Full Story…]

New Jersey Internet Gambling Bill Does Not Go to Vote

New Jersey Internet Gambling Bill Does Not Go to Vote

New Jersey State Senator Raymond Lesniak proposed Internet gambling bill was not voted on this Thursday in the State Senate, as he had hoped. The bill, which would support Internet gambling, will not likely be voted on until the fall of this year according to Poker News. Governor Chris Christie  [Full Story…]

Online Gambling Bill Approved by NJ Assembly

Online Gambling Bill Approved by NJ Assembly

New Jersey is looking to become the first state to legalize online gambling after a State Assembly panel yesterday approved a bill allowing Internet wagers despite Governor Christie's veto of a similar bill sometime last year. NJ Senator Raymond Lesniak has expressed interest in legalizing online [Full Story…]

Internet Poker Bill to be Voted on by NJ Senate on May 31

Internet Poker Bill to be Voted on by NJ Senate on May 31

Senate Bill 1565, known as New Jersey's Internet gambling bill, is scheduled to go up for a vote in the NJ Senate on May 31, later than sponsor NJ Senator Raymond Lesniak had hoped. According to Pokernews, the delay will push back his predicted Sept. 1 start date for online poker in the Garden [Full Story…]

NJ Internet Gambling Bill Moving Forward

NJ Internet Gambling Bill Moving Forward

Senate Bill 1565 is a bill that would legalize Internet gambling through Atlantic City, New Jersey. It is backed by Sen. Raymond Lesniak and Sen. James Whelan, and was recently approved this the NJ Senate's State Government, Wagering, Tourism & Historic Preservation Committee. meaning that it [Full Story…]

Rubin Pleads Guilty in Online Poker Case in NY District Court

Rubin Pleads Guilty in Online Poker Case in NY District Court

Yesterday Ira Rubin in Manhattan's U.S. District Court pleaded guilty in helping online poker companies transfer billions of dollars in illegal gambling proceeds overseas from U.S. customers. Prosecutors say he made it appear that money processed by poker companies through U.S. banks was actually [Full Story…]

Clarification from Justice Dept. May Open Door for Online Gambling

Clarification from Justice Dept. May Open Door for Online Gambling

Late last week the U.S. Justice Department gave the okay to allow the selling of lottery tickets to adults over the Internet within state borders.  According to The New York Times, the opinion was issued in response to requests by NY and Illinois, which were looking to clarify the Wire Act of 1961, [Full Story…]

U.S. Attorney in Manhattan Charges PokerStars, Full Tilt Poker and Absolute Poker with Fraud

U.S. Attorney in Manhattan Charges PokerStars, Full Tilt Poker and Absolute Poker with Fraud

Manhattan based U.S. Attorney Preet Bhara late last week brought a criminal case against several Internet gambling companies, including well known sites PokerStars, Full Title Poker and Absolute Poker.  The charges brought against the companies, many of which are headquartered outside the U.S.,  [Full Story…]

Governor Christie Vetoes NJ Internet Gambling Bill

Governor Christie Vetoes NJ Internet Gambling Bill

As some had anticipated, today New Jersey Governor Chris Christie vetoed a bill that would have legalized interstate online gambling, which would have made New Jersey the first state in the nation to do so.   Thought the bill had moved rapidly through the NJ state assembly and senate in the past [Full Story…]

Christie to Make NJ Internet Gambling Decision by Tomorrow

Christie to Make NJ Internet Gambling Decision by Tomorrow

New Jersey Governor Chris Christie has until Thursday to veto or sign a bill allowing Atlantic City casino companies run online gambling websites for state residents.  The bill has already passed through both houses of New Jersey legislature and has the support of both parties, and if Christie [Full Story…]

Will Christie Veto NJ Internet Gaming Bill?

Will Christie Veto NJ Internet Gaming Bill?

Gov. Chris Christie was expected to sign a bill for Internet gaming in the Garden State, but it seems that he is now leaning towards vetoing the bill. Lawmakers passed the bill recently in the hope to bring more revenue into the state's 11 casinos and into the state through taxes, as it has been [Full Story…]

Super Bowl: Business Insider Looks at Online Sports Betting

Super Bowl: Business Insider Looks at Online Sports Betting

Business Insider published a slide show of pages from the SBGGlobal website, pointing out that NYers can place bets on the Super Bowl without having to travel to Vegas.  Other sites mentioned in the article were Sportsbook.com and Bogog.com. Fair warning: SBGGlobal is the only site that accepts [Full Story…]