Online Gambling Suffers Setback – WSJ.com

By | May 21, 2014
1 Comment

It was only a matter of time before the American Gaming Association withdrew its support for online gambling in the US.

Many observers have stated that Adelson and the Coalition to Stop Internet Gambling could not stop the proliferation of online gambling outside of New Jersey, Nevada, and Delaware. I beg to differ.

The AGA’s withdrawal of support is a big blow to the pro-online gambling forces. Couple this with dismal revenue figures coming out of NJ, NV and DE and the growing support from lawmakers and others for a ban, the future does not look bright for the pro-online gambling forces.

Never count Mr. Adelson out. People have tried before and they have failed. Looks like he is back and getting stronger by the day.

To read the article, click on the link below.

Online Gambling Suffers Setback – WSJ.com.

 

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Alex Igelman

Founder at Gaming Research Partners
Alex Igelman is a gaming lawyer and consultantbased in Toronto, Ontario, Canada. In 2007,Alex Igelman foundedGaming Research Partners, a full servicegaming and eSports consultancy that specializes in research and business development.
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  • stevenorton

    It was just a matter of time for the AGA to stop promoting Online Gaming, since two of the Association’s major members, LV Sands and Wynn Resorts, are both opposed to casino play on the Internet. If Online Gaming eventually becomes profitable in New Jersey, it will help the earnings of several operators; that is if it doesn’t take away live play at the casinos. I presented at this weeks Atlantic City Gaming Congress, and Boyd’s CEO, indicated that Online is helping the Borgata. But in my view, it is to early to draw conclusions, and Boyd has indicated they are not yet profitable with their Online games. The good news for both land based and online operations is the DGE, going on the attack with illegal Internet sites. NJ gets no taxes and no one knows whether the games offer honest odds, and pay major slot winners.