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New York State Introduced Online Poker Bill

NY Online Poker Bill

New York State introduced a new online poker Bill which was a follow-up to last year’s one that didn’t pass. Originally authored by Senator John Bonacic, it has called for a cap to be introduced for up to 10 operators. Plus operators should be taxed at 15%. Bill’s Details This year’s bill makes references to poker as being a game ... Read More »

A New Lottery and Casino Bill Comes to the Alabama Legislature

Alabama Legislature

Del Marsh, Alabama’s acting Senate President, proposed a Bill legalizing lottery and class III gaming in the existing gambling establishments. The bill’s approval should contribute the state’s economy growth by creating nearly 11,000 new jobs, generating approximately $400 million of annual revenue and $1.3 billion general economy impact. It should also save Alabama residents from a tax hike by creating new income ... Read More »

House Bill 1540 to Determine the Future of Indiana Casinos

Indiana River Boat

The House Bill 1540 has been sent to Indiana’s Governor, Mike Pence. According to it, Indiana riverboat casinos will be moved onto land. The addition of live dealers was discussed and rejected, stating that that it might be considered after 2021. Bill’s Opportunities and Complexities Thirty-six of the seventy-five Senate members in Indiana consented, and now are waiting for the Governor’s approval. ... Read More »

New Hampshire House Rejected the Casino Bill

New Hampshire House

New Hampshire House members rejected the proposal aimed to expand the existing casino infrastructure with two new facilities. One large and one smaller casino were said to provide jobs and revitalize the state’s economy. Opponents’ Arguments One of the most vocal of this Bill proposal’s opposition was Representative Patricia Lovejoy, who stated that the casinos would not have provided the economic benefits supporters wanted. ... Read More »

Florida House Committee Approved New Gambling Bill

Gambling Bill

The Florida House Finance & Tax Committee approved HB 1233 which centers around allowing greyhound tracks to retain and expand profitable gambling activities like poker rooms and slot machines. Bill’s Details The measure would allow greyhound tracks in South Florida to provide both racing and slot/poker gambling, as well as allow the tracks to end greyhound racing altogether. But local “racinos” – pari-mutuel gambling facilities that have poker ... Read More »

Massachusetts Gaming Commission Adopted Stricter Gambling Regulations

Mass Gaming

Massachusetts has made a move to adopt several new regulations to protect gamblers in state casinos from possible overspending. Last week, State Attorney General Maura Healey recommended the changes, which were officially adopted by the state Gaming Commission. The Letter In her March 27th letter (page 231) to the Gaming Commission, Healey emphasized that regulations should be adopted to “minimize the negative ... Read More »

Battle Over Gambling Expansion Bill in Florida

Battle Casino Bil Florida

In Florida, the House of Representatives and the interests of major businesses are divided over a 316-page Bill, which would expand the state’s gambling laws to include high-stakes gaming, slot machines and craps. If this bill is passed, two new resort-style casinos would be opened in Ft. Lauderdale and Miami, which would pay the state $175 million every year. Legislators ... Read More »

Tennessee Legislators Can Allow Gambling in the State

Gambling InTennessee

Tennessee has been for a long time the target of amendments to make gambling legal in the state. Although many have tried before, a Democratic representative Jason Powell is going to take another gamble on it, claiming the residents may actually want to see the casinos nearby. The Proposal According to Powell’s proposal, the funds made from the casinos will be used ... Read More »

House Bill 40 Threatens the Biggest Poker Tournaments in Nevada

biggest_poker_tournaments

“Buying in” to the biggest professional poker tournaments can sometimes cost high stakes – entry fees today can spiral upwards from $100,000 till $1,000,000. Therefore, many players enter a sponsorship agreement, whereby their stake is either fully or partially funded by corporate sponsors. In return for bankrolling their entry, sponsors take a percentage of any their winnings. A new Nevada gaming law might ... Read More »

Well known Nevada casino shuts after 43 years

closed

Sharkey’s casino in Gardnerville northern Nevada has closed its door after being in the casino business for 43 years. Sharkey’s casino first opened in 1971 under the ownership of Milos “Sharkey” Begovich, which shut down at midnight on Saturday November 15, 2014. According to the notice found on the door, the casino is “temporarily closed”. The notice of the trustee’s ... Read More »

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