Tag: america
E-Payment Revolution Bypasses the U.S.
Wall Street Journal – These days it’s easier than ever to pay for goods and services – without cash, card, pen or paper featuring anywhere near the transaction. Most financial obligations can even be met with just a few taps on a smartphone screen. But for American businesses, the old-fashioned paper check remains the preferred payment method, writes CFO Journal’s Vipal Monga, and that legacy comes at a cost. A survey last September by the Association for Financial Professionals found U.S businesses still pay half their bills by check. “In this day and age it doesn’t make sense,” says Mr….
U.S. Online gaming still finding its legs
Las Vegas Review Journal – Lost in the heated rhetoric over the expansion of Internet gaming is a harsh reality. Legal online wagering has not been the financial windfall many analysts predicted. Initial returns from the three states that enacted Internet gambling laws are not overflowing the balance sheet. New Jersey’s online revenue is a letdown. Delaware’s figures are inconsequential. Nevada won’t break out online poker revenue on a monthly basis until at least three websites accept bets. The third site was unveiled last week, meaning February’s statewide gaming revenue totals — which won’t be known until late March —…
Two Online Poker Bills to be Introduced in the US House
From Poker Fuse Federal lawmakers show renewed interest in online poker. Interest in online poker at the federal level has been renewed and, according to spokespersons for two members of the US House of Representatives, two separate bills to regulate online poker are expected to be introduced in the coming weeks. FULL STORY