« News index »
ACADEMICS SAY ONLINE GAMBLING REGULATION A POSITIVE THING
02nd June, 2015 at 09:21:50
Both US society and the industry itself would benefit from legalisation, say Michigan State University business scholars.
The publication MSU Today carried an article this week describing the US government's attempts to control Internet gambling as "a convoluted mess" that would benefit from properly defined licensing and regulation designed to protect the consumer.
The piece references a new study by Michigan State University business scholars, who claim they are the first to estimate the costs and benefits of the Unlawful Internet Gambling Enforcement Act of 2006, and note that despite ongoing uncertainty and confusion stemming from the law, the industry has reacted positively, with the value of publicly traded online gambling firms increasing nearly 3 percent.
"The online gambling industry is at the point where it wants controlled regulation," Mark Johnson, MSU finance professor and study co-author says.
"We conclude that both the industry and individuals
Related News Tags: UIGEA
ONCE RATIONAL GROUP IS PAID OFF, WILL AMAYA BE LOOKING FOR ACQUISITIONS?
24th March, 2017 at 16:47:40
$4.9 billion consideration agreed for Rational Group in 2014 is due for final payment this year...but what then for Amaya?
MORE DAILY FANTASY SPORT BILLS INTRODUCED IN U.S. STATES
18th March, 2017 at 06:34:19
Now Ohio and Pennsylvania set to come to the party.
BETRADAR HAS AN UNUSUAL ATTRACTION FOR ITS I.C.E. DISPLAY
26th January, 2017 at 17:06:48
Watch eSports live as two top British teams tangle in a tourney.
LAS VEGAS SANDS PENALISED AGAIN
20th January, 2017 at 09:00:27
Sheldon Adelson's company settles for a $6.96 penalty on foreign bribery allegations.
NEW JERSEY SENATOR WARNS THAT STATE WILL NOT TOLERATE A FEDERAL BAN ON ITS ONLINE GAMBLING INDUSTRY
14th January, 2017 at 08:31:36
Warning follows recent exchanges during AG Nominee Jeff Sessions confirmation hearing.