Like the Monty Burns casino, betting at actual, physical, brick-and-mortar casino is an activity that is imploding on itself, and the latest example is the closing of the Trump Taj Mahal Casino Resorts in Atlantic City. Online gambling, on the other hand, it’s where it’s at. Billionaire Carl Icahn bought the Taj Mahal and other Trump properties in 2014, and has been mired in negotiating a new labor deal, healthcare, and a funding of pension benefits ever since, until he eventually decided that it was cheaper to just close the thing.
A casino trying to keep its patrons from becoming addicted to gambling seems like a self-defeating purpose, like a bar that holds AA meetings. However, casinos are not really the sort of seedy establishment that TV and movies want us to think they are. Moreover, the notion of responsible gambling is that unheard-of, either. The Commonwealth of Massachusetts is on the final stages of a one of a kind method in which slot players would be allowed to limit their bets. This will be the consummation of months of planning – it might not have taken as long but they did have to take into account the concerns of local casino operators.
While most of the news regarding sports betting in the United States comes out of New Jersey, online poker is quietly becoming a reality around the nation. California is the latest state to push hard for legalization, with lawmakers introducing four bills in 2015 alone, and efforts to legalize online poker dating back to 2008.Continue Reading
Daily Fantasy Sports have been one of the biggest boons to the general sports betting industry in years. With the apparent similarity between fantasy leagues that allow for betting on individual player performances and typical sports gambling that wagers on the outcome of games, proponents of legalized sports gambling have additional ammunition against the leagues and the laws. And once again, New Jersey is leading the fight.Continue Reading
It's rare that the United States loses a case in the World Trade Organization, but that's exactly what happened thirteen years ago. The tiny state of Antigua and Barbuda filed a complaint with the WTO regarding the United States' policy against online gambling websites. Shockingly enough, the small Caribbean country won.Continue Reading
If you were hoping that 2016 would be the year online gambling becomes a reality throughout the United States, think again. A number of issues will likely keep politicians at the state and federal level from acting on strong gambling legislation. Let's take a look at a few of these issue preventing more online casinos from beginning operation in the US.Continue Reading