Tag: Online Gambling news
New Jersey Online Gambling Regulations Move Forward
From Poker News The New Jersey Division of Gaming Enforcement will publish a draft of proposed Internet gambling regulations in the New Jersey Register on June 3, opening a 60-day period for public comment. In advance of the official publication, the draft regulations already are up on the Division’s website. Early reviews of the regulations indicate they look good from the players’ perspective. “There are a few things we’ll probably look into in the general comment period, but overall the regulations seem pretty fair,” said John Pappas, executive director of the Poker Players Alliance. Two concerns of the PPA, according…
Online Gambling Firms Set Ambitions on U.S.
From Wall Street Journal Online casino gambling has become a potentially big player in the U.S., with three states passing—and others considering—laws allowing some form of it. The only problem: how should regulators deal with firms that have come under scrutiny or operate in so-called gray markets? 888 Holdings Based in Gibraltar but owned in large part by its Israeli founders, 888 has big ambitions in the U.S. with partnership deals already with casino companies and a slot machines maker. With backing from investment firm Avenue Capital Group, it plans to spend more than $100 million to market its own…