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BULLISH FORECAST FOR PENNSYLVANIA ONLINE GAMBLING

28th March, 2017 at 19:47:54
Hundreds of millions of dollars in new tax revenue possible with legalisation.

The US state of Pennsylvania has the potential to generate hundreds of millions of dollars in new tax revenue should the state pass legislation to legalise and regulate online casino games and poker, according to a recently released 14 page white paper by news and analytical research site PlayPennsylvania titled "Pennsylvania Online Gaming Revenue: A Billion-Dollar Opportunity."

Full Story: Bullish Forecast For Pennsylvania Online Gambling »

MORE DETAILS ON COSTA ONLINE GAMBLING LEGALISATION BILL IN PENNSYLVANIA (Update)

21st March, 2017 at 21:54:56
Senator Jay Costa introduces his bill SB524 with the support of three other senators.

Earlier this year Pennsylvania Senate Minority Leader Jay Costa flagged his intention to introduce an online gambling and gaming reform bill (see previous report) and this week made good on his word with the introduction of SB524.

Full Story: More Details On Costa Online Gambling Legalisation Bill In Pennsylvania (update) »

NOW WEST VIRGINIA EYES ONLINE GAMBLING LEGALISATION

18th March, 2017 at 06:34:19
New legalisation bill follows earlier challenge to PASPA

Legislatively speaking, Delegate Shawn Fluharty is shaking things up on the gambling front in West Virginia; earlier this month he introduced HB 2751 to the state House, a measure that challenges the federal Professional and Amateur Sports Protection Act (PASPA) which restricts sports betting to just three US states (see previous report), and on Friday he launched HB 3067, a proposal that intrastate online gambling be legalised.

Full Story: Now West Virginia Eyes Online Gambling Legalisation »

REPUBLICANS FILE ANTI-ONLINE GAMBLING BILL IN PENNSYLVANIA

14th March, 2017 at 08:11:41
HB801 has echoes of last year's unsuccessful attempt authored by former Representative (now Senator) Mario Scavello.

Heating up the Pennsylvania online gambling legalisation discussion this week is the introduction of an anti-online gambling bill by five Republican representatives, led by Thomas Murt - Representatives Matthew Baker, Robert Kauffman, Craig Staats and Will Tallman.

Full Story: Republicans File Anti-online Gambling Bill In Pennsylvania »

BETFAIR BREAKS EVEN IN NEW JERSEY

11th March, 2017 at 07:26:29
Profitability in sight as licensed online partnership with Golden Nugget prospers and US television assets grow.

The post-results press conference following the release of Paddy Power-Betfair's FY-2016 report recently (see previous report) revealed the interesting news that Betfair's US operations are doing well, and that its online casino partnership with Golden Nugget in New Jersey has reached EBITDA break-even following a 39 percent rise in revenue, and will soon be profitable.

Full Story: Betfair Breaks Even In New Jersey »

TVG AND TABCORP SUBSIDIARY SKY RACING WORLD EXPAND PARTNERSHIP

10th March, 2017 at 10:19:28
New agreement delivers increased TV coverage of Australian racing on TVG and TVG2.

Tabcorp's US-based subsidiary, Sky Racing World, which distributes southern hemisphere racing to the Americas, has announced an extended partnership with California-based television and horserace wagering website TVG that has already started to deliver increased TV coverage of Australian racing on TVG and TVG2.

Full Story: Tvg And Tabcorp Subsidiary Sky Racing World Expand Partnership »

PENNSYLVANIAN LEGISLATORS AGAIN MULL ONLINE GAMBLING LEGALISATION

08th March, 2017 at 11:38:44
Tuesday's inconclusive joint House and Senate hearing was the 84th discussion in the last two years.

Tuesday saw the Pennsylvanian Legislature again considering online gambling legalisation (among other related matters) in a joint House and Senate hearing - the 84th in the last 2 years on this issue according to some observers, without reaching finality.

Full Story: Pennsylvanian Legislators Again Mull Online Gambling Legalisation »

MASSACHUSETTS LAND CASINO OPERATORS POSITIVE ON ONLINE GAMBLING LEGALISATION

08th March, 2017 at 11:38:44
More detail from last week's hearing by the Massachusetts Special Commission on Online Gaming and Daily Fantasy Sports.

More detail has emerged from the Massachusetts Special Commission on Online Gaming and Daily Fantasy Sports hearing last week (see previous reports) with particular emphasis on the support of land casino operators in the state,

Full Story: Massachusetts Land Casino Operators Positive On Online Gambling Legalisation »

NEW JERSEY SENATOR MOVES TO PROTECT STATE ONLINE GAMBLING INDUSTRY FROM FEDERAL INTERFERENCE

03rd March, 2017 at 09:20:39
Sen. Jim Whelan files a Senate companion bill to that introduced earlier this year in the Assembly by Assemblyman Vincent Mazzeo.

New Jersey state Senator Jim Whelan, a long-time supporter of online gambling, has moved to protect the state's flourishing online gambling industry by introducing a resolution calling on Congress and the current US administration to "oppose any actions that would prohibit states to conduct Internet gaming."

Full Story: New Jersey Senator Moves To Protect State Online Gambling Industry From Federal Interference »

NYX CONTENT GOES LIVE WITH RUSH STREET INTERACTIVE PROPERTIES

02nd March, 2017 at 16:50:53
Rush Street is the first brick and mortar casino to launch NYX digital content via a single integration in both social and real-money US-regulated formats

Game developer NYX Gaming Group is extending its reach in the US online gaming market with the delivery of digital content to Rush Street Interactive's online casino brand, SugarHouse Casino.com.

Full Story: Nyx Content Goes Live With Rush Street Interactive Properties »

TRUMP TAJ MAHAL LAND CASINO SOLD TO HARD RIOCK INTERNATIONAL

02nd March, 2017 at 09:50:51
Quick flip for billionaire Carl Icahn.

Billionaire Carl Icahn, who bought the struggling Trump Taj Mahal land casino in Atlantic City amid litigation and union fights last year (see previous reports) has done a quick flip on the asset, selling it on after just four months to the Hard Rock International group and two New Jersey investors for an undisclosed consideration.

Full Story: Trump Taj Mahal Land Casino Sold To Hard Riock International »

MASSACHUSETTS TASK FORCE REPORT ON ONLINE GAMBLING DUE THIS WEEK (Update)

01st March, 2017 at 09:10:06
But doubts that document will be ready.

The Massachusetts Gaming Commission special committee tasked by state lawmakers with studying and presenting recommendations on the regulation of intrastate-legalised online gambling (see previous reports) is due to submit its conclusions this week, but media sources have expressed doubts that it is yet in a position to do so.

Full Story: Massachusetts Task Force Report On Online Gambling Due This Week (update) »

MGM CONFIRMS ONLINE GAMBLING SITE PLANNED FOR NEW JERSEY (Update)

28th February, 2017 at 11:29:05
Business development exec confirms persistent industry rumours.

Persistent industry rumours that MGM Resorts is planning a new online poker and casino brand launch in New Jersey (see previous reports) have been confirmed by the group's business development exec, Tom Mikulich, albeit without disclosing a lot of detail or a timeline.

Full Story: Mgm Confirms Online Gambling Site Planned For New Jersey (update) »

POSITIVE REPORT ON FUTURE OF ONLINE GAMBLING IN PENNSYLVANIA

28th February, 2017 at 11:29:05
White paper claims state can generate $400 million in tax revenues from online gambling by 2022.

A report by online poker legalisation action group Play Pennsylvania and the respected independent online poker information site Online Poker Report released Monday claims that the state could realise around $400 million in tax revenues by 2022 from the legalisation of online gambling

Full Story: Positive Report On Future Of Online Gambling In Pennsylvania »

ATLANTIC CITY ONLINE GAMBLING CONTINUES TO RETURN DOUBLE DIGIT REVENUES

15th February, 2017 at 07:54:38
January figures released this week show a 28.6 percent year-on-year improvement.

Figures for January released Tuesday by the New Jersey Division of Gaming Enforcement show that Atlantic City's online gambling revenues have continued to trend upward, rising 28.6 percent year-on-year to $18.8 million and making a real contribution to land operator profits.

Full Story: Atlantic City Online Gambling Continues To Return Double Digit Revenues »



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