Will it take a pandemic to legalize US online gambling? Last week Las Vegas shut down. Every casino shut their doors. And not just in Nevada, but all across America. Casinos are closed for business. There is an obvious benefit here for online casinos, poker rooms and sports books, but so many of those are offshore. Only a few states have regulated internet betting, but an industry trade group thinks the global virus scare could change that. iDevelopment & Economic Association is now pushing states to allow online casino games to replace their disappearing revenue. This includes exploring how governors…

The queue of states looking to legalize online gambling is growing larger by the day. By all accounts, 2017 is going to be the year the number of states with legalized online gaming will increase. According to industry analysts Chris Grove and Adam Krejcik of Eilers & Krejcik Gaming, at least one, and perhaps as many as three states will legalize online gaming in 2017. No state has authorized iGaming since 2013. The prediction was part of Eilers & Krejcik Gaming’s U.S. iGaming Industry Update – 2017. When it comes to continued online gaming legalization in the United States, everything…

With the recent challenges to Internet gambling in the United States, a pannel discussion at the Global Gaming Expo addressed the issue this week. Moderated by Lloyd Levenson, Chairman of the Casino and iGaming Law practice group, this panel of experts discussed the issues facing iGaming in the U.S. and the future of the industry. Panel members Susan Hensel, Director of Licensing for the Pennsylvania Gaming Control Board; Matthew Katz, CEO of CAMS, LLC; and Michael Choen, Caesars Interactive Entertainment began discussing the current legislation being considered by the Pennsylvania Senate as the state is poised to be the next…

A number of industry experts have hit out at the negative impact on US online gambling from illegal activity in the market. One year since the first legal online poker company in the US opened up its services to legal players, the industry’s growth has been hit by a number of factors, including various technical issues such as laws limiting players to access such services in the three states where internet gambling is legal. Nevada, Delaware and New Jersey remain the only US states to have legalized internet gambling, but have all made a slower start than many had imagined…

Despite setback after setback, Europe-based PokerStars won’t give up on its quest to break into the US online gambling market. After failing in Nevada and New Jersey, the new target is California. But odds are PokerStars is once again drawing dead. The company, operated by the Isle of Man-based Rational Group, is linked to three politically powerful Los Angeles-area card rooms and Riverside County’s the well-connected Morongo Band of Mission Indians. The partnership wants to block Internet poker legislation in the state that bans PokerStars from participating in what many believe will be a massive revenue-generating Internet market that would…

AP – Morgan Stanley lowered its estimate of the U.S. Internet gambling market on Tuesday to $3.5 billion by 2017, down from a previous forecast of $5 billion. The Wall Street firm cited worse-than-expected technical issues in its projection, but said it’s optimistic about the new industry’s long-term prospects. It forecast an $8 billion market by 2020 compared to its initial $9.3 billion estimate. “While we remain bullish on the online gaming opportunity in the U.S., we are lowering our estimates to better reflect the insights we have gained following the first few months of operations in New Jersey, Nevada…