West Virginia online poker may soon be a reality as the state considers online gaming. And the primary motivation behind doing so is that West Virginia’s casino revenue has been falling due to intense out-of-state competition. Additionally, lottery revenue is dropping because many people pay for gas outside, rather than inside gas stations, where they might buy lottery tickets.
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Ever since Nevada became the first US state to launch online gaming, the “bad actor” clause has been a major source of controversy. Many see this as a rule designed to prevent competition and keep PokerStars out of the US gaming market, at least for the time being. Others, such as 888 CEO Brian Mattingley, […]
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Despite lacking any concrete studies or facts to back up his efforts, Sheldon Adelson poses a serious threat to the spread of online gaming in the United States. The Las Vegas Sands Chairman is worth over $37 billion and has said that he’ll spend “whatever it takes” to stop internet gaming. But if this is […]
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Throughout the year, Sheldon Adelson has been feeding the American public a substantial amount of garbage regarding the evils of online poker. Using hokey one-liners such as “click your mouse and lose your house” and buying politicians like Lindsey Graham, the Las Vegas Sands CEO is doing his best to halt online poker and casino […]
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A recent report by Adam Krejcik at Eilers Research shows that US social gaming is currently smashing the regulated market. According to Krejcik, social gaming, which sees players buy fake chips that can’t be cashed out, earned $350 million in the first quarter of 2014. Regulated US gaming, which consists of Delaware, New Jersey and […]
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If anybody has reason to be worried about the way that their company is going in the US online poker market, it’s Ultimate Poker Chairman Tom Breitling. In New Jersey, Ultimate’s revenue fell from $100k in March to $50k in April. Ultimate Poker’s first full year in Nevada hasn’t exactly gone great either since the […]
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The April numbers from New Jersey’s online gaming market were recently released, and they’re somewhat disappointing. April’s gaming revenue was $11,428,737, compared to $11,878,374 in March – a 3.8% decrease. The one positive to take from this dip is that revenue from casino games increased from $8,667,711 up to $8,836,898. On the downside, New Jersey […]
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Last March, a biased article appeared in the Press of Atlantic City that attempted to debase New Jersey online gaming. The disputed article, which software-developer James Thackston is behind, claims that NJ’s internet gaming operation is rife for cheating, collusion, and other methods of fraud. But any concerns that this now-removed article created may be […]
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Only Sheldon Adelson could manage to work his crusade against online gaming into a speech about leadership. And this is exactly what the 80-year-old did while speaking to students at the University of Nevada, Las Vegas. Adelson was part of a series of speeches called the “Conversations on Being Successful.” In terms of financial success, […]
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