As I had predicted from the outset, the revenue and taxation figures for online gambling in NJ are moving in a downward direction. Instead of the 200M in additional tax revenue anticipated from gaming taxes in NJ, the state treasurer is now saying only 34M in new tax revenue is expected this year (June 30 […]
Two proposed bills were recently introduced in California that would see Indian casinos and existing card rooms apply for online poker licenses. Sen. Correa’s bill is a re-introduction of his failed bill last year while Assemblyman Jones-Sawyer bill is a re-do of Sen. Wright’s old bill that also went nowhere last year. The interesting thing […]
On Tuesday last week, the Mississippi legislature decided to strike down a proposed bill entitled “The Mississippi Lawful Internet Gaming Act of 2014”. Mississippi was one of the states that had been touted in a recent news piece as prospective states that were looking to pass online gambling laws in 2014. As I had mentioned […]
According to a recent report being propagated by the pro-online gambling forces (Caesars, MGM, AGA, etc…) there are 10 states: California, Colorado, Hawaii, Illinois, Iowa, Louisiana, Massachusetts, Mississippi, New Jersey and Pennsylvania, that are looking at passing online gambling bills (or expanded bills). What’s interesting to note is that two of the ten listed include […]
It looks like the anti-online gambling forces just got a major boost this week as Stephen A. Wynn, Chairman and CEO of Wynn Resorts, has decided to throw his weight behind Sheldon Adelson and his position against the proliferation of online gambling in the US. Just as I have been saying for quite some time […]