BetConstruct Gets Green Light for European Online Poker Project

Software supplier BetConstruct has been granted a license to offer online poker from the Malta Gaming Authority (MGA), something which could lead to more choices for European players.

BetConstruct to offer online poker in Europe.

With a green light from Malta, BetConstruct is ready to deploy poker troops across Europe. (Picture: Kpalion/Wikipedia)

Announced on Oct. 18, the regulatory approval means that BetConstruct can now add poker to its listing of sports and casino betting provisions. The company has been given B2C rights as well as receiving a license.

“Meeting high technical standards of MGA, we now offer to build high game profiles and attract maximum player numbers with our poker software,” explained BetConstruct founder and CEO Vigen Badalyan.

New Cross-Platform Integrations

In practice, the new licenses could open up a new network of poker websites in Europe. As well as existing partnerships with big brands such as Betsson Royal Panda and Patrouche, BetConstruct functions with a variety of smaller brands.

By having its poker software accredited by the MGA, these sites will have the option to integrate poker alongside sports and casino gambling. What is more, using a license that is B2C, BetConstruct could opt to build its own internet poker websites.

For European players, the information is just another sign of recent wave of positivity that has been sweeping the continent as gambling products mature.

Timing Right for European Invasion?

As it has been for the previous five decades, the UK remains the standard for all sorts of online betting in Europe. However, thanks to a current liquidity sharing pact, France, Spain, Italy and Portugal all are currently enjoying a new lease of life.

Although Italy is yet to formally join the playerpool, players in the remaining countries are not only seeing a host of innovations from internet poker operators although activity.

The latest addition to the schedule is PokerStars’ Southern Europe Championship of Online Poker (SECOOP). Set to take place between October 28 and November 12, the new’COOP will feature 149 MTTs and a prize pool of at least $11.5 million.

Despite being smaller than the World Championship of Online Poker (WCOOP), the festival is just another example of how increased traffic is prompting operators to spend more money.

Beyond the online poker sector, the scene is thriving. The 2018 World Series of Poker Europe (WSOPE) is now in full swing and seeing fields sizes approach 3,000 runners for side events like the 637 Colossus.

The improvements are a sign that the sector in a country that is wholesome moving towards 2019 Even though the economy is more than a handful of inventions. With its new internet poker license, BetConstruct will be seeking to benefit from this and, in turn, create more choices for players across Europe.

Related Posts

Dead In The Water: Pennsylvania Developers Reportedly Ditching Stadium Casino Project

Stadium Casino saleStadium Casino sale

According to sources, the Philadelphia Live! Property could be the latest in a long line of casino jobs. Less than a year after a new law paved the way for construction, investors appear to have caught a case of cold feet.

Reports indicate that Cordish Company and Greenwood Gaming are shopping their joint Pennsylvania job and its considerable collection of assets.

We have heard same. https://t.co/OnzSsme796

— Chris Krafcik (@CKrafcik) October 19, 2018

In addition to construction costs that were early-phase, the duo has spent more than $100 million in licenses to the so-called Stadium Casino:

$50 million for Category 2 license$40.1 million for Category 4 license$10 million for interactive gambling permit

Apparently, it will be up to the new owners to apply for the $10 million PA sports betting permit.

Why is the property up for sale?

Joint projects can be successful. Look no farther than New Jersey, where Boyd Gaming and MGM ran Borgata as a joint operation until recently.

Teaming up with a rival presents a number of challenges , though. And those challenges would be amplified in Pennsylvania.

The two companies would first need to agree on management of the property itself, then about online gambling and the Category 4 mini-casino license obtained at auction. Sports gambling is on the horizon. Everything is spanned by the logistics that is required from investments to partnerships.

Further complicating matters, Greenwood would need to weigh any decisions! Casino against its current PA possessions, Parx and the South Philly Turf Club.

And then there is the tricky environment that the high taxes and licensing fees produce.

It’s possible the two companies have decided that selling the assets off to more-interested parties is preferable to splitting the spoils and investing funds.

Is this Cordish wants to expand?

Cordish is invested in gambling or sports . And much like a newly hired general manager inheriting a head coach, it may not want to start those journeys by taking on partners that are partly chosen by somebody else.

To the extent a Philadelphia casino could excite Cordish, headaches could be created by a lack of complete control over satellite casinos and verticals.

This situation has played out multiple times since PA passed its gambling reform law this past year. Some casino operators see expansion and many others view it to get out of Dodge. Four of the state’s 12 existing casinos have changed ownership within the last year, and a fifth changed day-to-day management.

It seems like yet another one can follow suit.

Greenwood doesn’t need Philadelphia Live!

Greenwood has access to this new verticals through Parx, so the Stadium project is somewhat redundant from that standpoint. It will offer online gambling and sports gambling, rolling out the latter in the Turf Club, also. Regulators have given approvals for both.

At the end of the day, selling off the additional assets — the interactive licenses, the Category 2 license in Philadelphia proper and the Category 4 license — could offer the best return on investment.

MGM interested in a new PA casino?

The aforementioned MGM is the first name that comes to mind when considering parties that could be interested.

The company’s wish list includes expanding its sports betting and internet gambling presence, and Pennsylvania market access is a longtime MGM goal. It was in advanced talks to buy Sands Bethlehem before the deal fell through this past year.

The Philadelphia casino license could be a backup plan for MGM, particularly considering its prime location. All the better that it includes a satellite casino and online gambling baked into the cake.

Arlie Shaban Stapleton Prank James Hartigan in 12 Labors Challenge

Arlie Shaban has moved another step closer to claiming a $30,000 PokerStars Platinum Pass, and this time it required him to rattle commentator James Hartigan.

Arlie Shaban

from collecting a $30,000 PokerStars Platinum Pass, arlie Shaban is now six challenges. (Picture: PokerStars/YouTube)

With the halfway point of this 12 Labors of Arlie Challenge approaching, the internet grinder was instructed to take his cues from comedian and PokerStars prankster Joe Stapleton. Under strict instructions to stay away from social networking, the job of Shaban was to make a play based on the ancient myth of the Stymphalian birds.

Shaban Rattles Hartigan

In the original story, Hercules was forced to use a rattle that was special to disable a flock of birds that were man-eating. After shaking the device and shooting down his enemies, the eponymous hero managed to master the sixth of his 12 labors.

Attempting to recreate the challenge in the world of today, as they could Stapleton and Shaban have to generate as much awkward tension. With Hartigan oblivious of the ruse, the two players worked in unison to interrupt their PokerStars tablemate until he finally snapped.

[embedded content that is ]

It wasn’t long until the antics of Shaban rattled Hartigan and being a natural joker, the task came easy for Stapleton and caused him to come crashing down. One of the pranks played by the Twitch streamer was a stream of an investigation and wardrobe malfunctions into the supposed history in the adult movie business of Hartigan.

The PokerStars presenter congratulated Shaban on successfully making it and took it great spirits when the ruse was revealed.

This is the clearest example of how poker can be something more than a pursuit. The advertising is revealing this game’s side as PokerStars endeavored to do during the 12 Labors of Arlie.

Poker-Entertainment Convergence

As the industry has evolved over the last decade, the crossovers between entertainment and poker have become apparent. Streamers have taken a format made popular and discovered a way to attract viewers.

These innovations have allowed poker to discover a place within the mainstream gaming community. Back in 2016, PokerStars sponsored eSports outfit Team Liquid and that’s led to a plethora of crossover promotions featuring players and poker players.

This ability has become crucial. Between the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) and Black Friday at 2011, participation rates have fallen since the early days of online poker.

While some believe those highs will never return, operators are finding ways to lure new players. This change of attitude has seen numbers at the World Series of Poker (WSOP) steadily increase over the last seven years. This year’s Big Dance become the largest with 7,874 unique entrants Though the 2006 Main Event remains the gold standard.

Related Posts

AGA: Without Seeing a Cent Sports Leagues Will Make $ 4.2 B From Legal Betting

A new study suggests that US sports leagues are poised to rake in a combined $4.2 billion annually thanks to legalized sports betting.

US sports leagues

The NFL will benefit from an extra $2.33 billion in annual revenue thanks to legalized sports betting. (Picture Credit: TopBet)

The analysis , which was funded by the American Gaming Association and executed by Nielsen Sports, reveals the four major professional leagues will make enormous financial gains, even if they don’t get a cut of the real bets being placed on matches.

It is a spot to end up in for the leagues, considering they opposed efforts to legalize sports betting.

In May, the US Supreme Court threw out a federal law that prohibited all non-Nevada States from offering legal sports wagers. By offering their own regulations around the practice, in the months since, five countries have jumped, and another 18 have introduced or passed new sports betting bills.

Sports League Windfall

As the biggest player in the North American sporting space, it’s not surprising that the NFL stands to see the biggest gains from sports betting. The study suggests that the NFL will account for over half of the $4.2 billion figure by reaping an extra $2.33 billion in annuals revenues.

Other leagues will gain scale on.

Major League Baseball (MLB) projects to create an extra $1.11 billion per year.The NBA will take in about half of that, with an extra $585 million flowing into their coffers each year.The NHL is expected to generate the smallest gains at additional $216 million.

And while MLB continues to push for an immediate cut of the whether it’s labeled as a royalty or an integrity fee — it turns out that the profits will roll in. All of that cash will come from revenue instead.

$3.28 billion in media rights, sponsorship, merchandise, and ticket sales. $596 million from TV ad revenue from gaming operators. $267 million sponsorship from gaming operators. $89 million in video and data revenue.Partnership Potential

The NFL was crystal clear in its stance.

“We strongly oppose legalized sports betting,” Commissioner Roger Goodell said when announcing the Oakland Raiders’ move to Las Vegas.

However, little time was wasted by the league in taking advantage of the new landscape. When it partnered with the WinStar World Casino and Resort in 27, last month, the Dallas Cowboys became the first NFL team with a casino sponsor.

The NBA was always more supportive of sports betting than the NFL, and in August, it signed a landmark deal by making the MGM its official gaming companion.

NHL commissioner Gary Bettman was apparent in his displeasure with legalization, but that didn’t stop the Vegas Golden Knights from entering into a sports betting partnership with bookmaker William Hill.

MLB continues to ask for an immediate cut of the take. In the recent Global Gaming Expo in Las Vegas, executive VP Kenny Gersh pushed Nevada regulators to get a 0.25 percent commission to help safeguard the integrity of its matches.

Related Posts

WSOP Europe: Hanh Tran Wins $550 PLO for Second Bracelet of 2018

Hanh Tran took down Event #3, $550 Pot-Limit Omaha. It was his second bracelet of this year, placing him in some company of bracelet winners.

Hanh Tran WSOP Europe

Hanh Tran won the $550 PLO event his second World Series Bracelet of this year, at WSOP Europe. (Image: WSOP)

This week, a gold bracelet was also shipped by mykhailo Gutyi. His came in Event #4, $.

Another event, the $1,500 Monster Stack, got underway with the first of 2 Day One flights. Quan Zhou, a Chinese player, finished the first session.

The 2018 World Series of Poker is over, with only six remaining opportunities to win a bracelet.

Hanh Tran Comes Out Victorious

Most poker players dream of winning one WSOP bracelet in their lifetime. Heck, Dan Smith, as an example, is still bracelet-less, and he’s one of the top high stakes players on the planet.

Hanh Tran, who resides in Austria, beat Smith to the jewelry, and he’s now done it twice…in the same year. In Las Vegas last summer, he shipped the $1,500 Limit Lowball Triple Draw event for $117,282. But he didn’t stop there.

On Thursday, he outlasted 572 players at the $550 PLO championship in Rozvadov, Czech Republic to win another bracelet. Not bad for a guy with two WSOP cashes both for under $10,000 in 2014.

Although he does have almost $565,000 in career earnings tran doesn’t have any other tournament wins. For winning the 2013 Mega Poker Series Main Event in Madrid, Spain, and some solid cashes that includes a $44,000 award.

With his second WSOP title of 2018, he joins a team of the year’s multiple bracelet winners. The list of five includes John Hennigan, Shaun Deeb, Joe Cada, and Justin Bonomo.

Deeb gets the 2018 WSOP Player of the Year on lock down. Cada is the 2009 world champion. Hennigan was inducted into the Poker Hall of Fame in July. And Bonomo is the all-time winningest tournament player of poker. That’s some impressive organization to join.

Ukrainian Scoops WSOP Europe Bracelet

Mykhailo Gutyi took down a WSOP Europe in King’s Casino. His bracelet came in the $1,100 No-Limit Hold’em Turbo Bounty. Luck is an even bigger factor in a tournament such as this as the blinds get big.

But Gutyi, a pro, was able to outlast 387 runners to ship his bracelet, great for $61,000. Florian Sarnow, who made the $550 final table (8th place), was the runner-up ($37,678).

Gutyi now has over $337,000 in career tournament earnings. That puts him at in Ukraine’s history. He has a ways to go to catch the leader, Eugene Katchalov whose cashes exceed $9.2 million.

Related Posts

Lack Of Chatter Around Illinois Online Gambling Could Be A Great Sign

Illinois online gamblingIllinois online gambling

Illinois is one of two states that still has an opportunity to pass sports gambling and online gambling legislation this year, with Michigan being the other.

Illinois lawmakers passing a gaming expansion package’s prospect got a shot in the arm on Wednesday. Two subcommittees met to discuss a bill that has been kicking around the statehouse for almost two years.

SB 7 started its life as a Chicago casino bill back in January 2017. The proposal went on to morph into an omnibus gaming expansion bundle under amendments from Rep. Robert Rita, with online gambling, sports betting and daily fantasy sports added to the mixture.

The focus of Wednesday’s hearing was sports gambling , with only a few brief detours into land-based and internet casino expansion. That said, the meeting was a net positive for online gambling.

Deciphering legislative hearings

After the Congressional sports gambling hearing in September, many latched on to the closing statements of Chairman Jim Sensenbrenner (R-WI):

“I think the only thing that most of you agree on is that for Congress to do nothing is the worst possible option.

“So this means we have some work to do. And I’m looking forward to working with you to attempt to think of something equally short-term and something more permanent to deal with this matter. Because I’m afraid if we do not, there will be some people that get hurt — and hurt very badly.”

Like the highly witness testimony it had been nothing more than hearing-speak that is standard. As I noted on Twitter, if you want to know just how long along a legislative body is on an issue, look closely at the types of questions it asks.

Yesterday’s hearing featured lawmakers asking many of the questions that were right to move forward. The discussions were:

Precise, demonstrating a solid understanding of this topicFocused on the best policies and practices, rather than viability

Agreed. They’re asking how it functions, not if it can get the job done. https://t.co/ownGhDs84r

— jessicaafeil (@jessicaafeil) October 17, 2018

An bill may garner the support

Wednesday’s lengthy hearing was a little frustrating if you’re an online poker or online casino advocate, as neither topic got time. One could see that as a great sign, however.

As Rep. Lou Lang stated in his opening comments, online gaming and DFS are already fairly well vetted in Illinois. The inclusion of both of these issues coupled with the general apathy adds fuel to the speculation that they wrapped up. Sports betting is the issue that the legislature needs to get up to speed on.

Another positive indication for gaming supporters were the remarks from witnesses and legislators about keeping all kinds of expansion intertwined in a single piece of legislation. As Pala Interactive CEO Jim Ryan told the committees, sports gambling will account for 50 percent of internet gaming revenue, so,”only legislating sports gambling is doing half the job.”

Furthermore, the same type of omnibus approach allowed Pennsylvania to pass a comprehensive gaming reform package last year, and it might be the secret sauce which garners enough legislative momentum — and votes — in Illinois.

The, companies and the more industries that would benefit from the bill will hop on board. And if their reservations are outweighed by their support of a single issue about another, lawmakers may be more likely to cast their vote for an omnibus expansion.

Could Online Poker Piggy Back on New Washington DC Sports Betting Bill?

City council members in Washington DC are making a push to legalize sports betting, and the possibility exists that poker could come along for the ride.

Jack Evans, Washington DC councilman

Could a sports betting bill? (Picture: Main Street Alliance)

Lawmakers held a hearing this week to gather feedback on a sports betting bill.

There was a sense of urgency as council wants to make sure it defeats on nearby states.

“Sports betting is going to happen across the country, I’d imagine in over 40 states,” said Evans, based on WTOP News. “I want legalized sports betting in the District [of Columbia] ahead of Virginia and Maryland, before their legislatures convene in January.”

Nearby Delaware and New Jersey have legalized sports betting, while Maryland and Virginia are currently considering putting new regulations in place for ancient 2019.

DC council wants to get to guarantee not and potential revenues are currently staying in the city flowing out of state.

Injecting Online Poker

At least one supporter at this week’s hearings brought up the notion of including poker in any statutes. Attorney Jeff Ifrah is the founder of the iDevelopment and Economic Association (iDEA), a group that advocates for”Growth through regulated online gambling.” He urged council members when mapping out legislation, to not eschew things.

“Internet and mobile gaming, including poker and casino games, are great opportunities for DC to expand the size of the betting pool and include extra revenue,” Ifrah wrote in a statement regarding his testimony.

Notably absent from the hearings was the Poker Alliance, a DC-based group that recently promised to double down in its efforts to advocate for online poker in america.

We’ve yet to hear from council members on the topic of poker specifically, but based on leanings, it’s possible it may see some support.

DC lawmakers passed legislation to legalize poker before the US online poker landscape altered forever. As a result, that legislation was repealed.

DC could join and Nevada and the player pool that is shared by including poker in sports betting legislation. With disappointing earnings figures up to now, it’s a pool that could certainly use an infusion of new players.

Moving Forward with Sports

The DC sports betting bill live betting and would allow for all bet types. Bets could be placed in person, as well as online.

Legal sports would include a 10 percent tax on revenues to go towards children’s education and local arts. Operators would have to pay a licensing fee, and sports novels such as FanDuel and DraftKings have expressed interest in getting up and running in DC.

Next up for the bill? It will be open to public comment until Nov. 1. After that, prior to getting the nod of approval it needs to pass two council votes.

Related Posts

Roland Israelashvili (Who You Have Probably Never Heard of) Just Booked His 94th WSOP Cash

A poker pro casual fans aren’t familiar with, roland Israelashvili, has made the money in the first four WSOP Europe events. That’s good for seventh all-time, and just one behind the fantastic Men”The Master” Nguyen.

Roland Israelashvili WSOP Europe

Roland Israelashvili recorded his 94th career contains four already and WSOP money. (Picture: borgatapokeropen.com)

Over in Rozvadov, Czaech Republic, Florian Sarnow final tabled two occasions within 24 hours. The finished second in the $1,100 No-Limit Hold’em Turbo Bounty for $37,678 on Wednesday. Then he registered for the $550 Pot-Limit Omaha 8-Handed and ended up in eighth place ($5,198).

Thursday was another exciting day at King’s Casino.

Who’s Roland Israelashvili?

You’re likely familiar with Phil Hellmuth, Daniel Negreanu, and the others atop the all-time WSOP cashes list. But you probably could not pull 58-year-old Roland Israelashvili .

All-Time WSOP Cashes

Phil Hellmuth (USA) 135Chris Ferguson (USA) 117Daniel Negreanu (Canada) 108Erik Seidel (USA) 107Barry Greeinstein (USA) 102Men Nguyen (Vietnam) 95Roland Israelashvili (USA) 94

The New York native finished 17th in the turbo bounty ($1,960) and 40th in PLO ($1,224). He now has four cashes this series in four events, but only for a total of $7,889. Despite cashing in each event, he’s turned a $4,039 profit.

That’s par for the course for this min-cash specialist. Despite having cashed in 94 WSOP events, he’s never won a bracelet. In actuality, he has not even made a last table since the 2013 Little One Drop (third place for $295,433). And that covers a span of over 60 cashes. It was also his greatest finish in any World Series of Poker bracelet event.

Israelashvili has 18 cashes between the 2018 WSOP in Las Vegas and Rozvadov. All but two have been for less than $10,000.

Every player in the top seven in career cashes has three gold bracelets to their name. Hellmuth, naturally, leads the way with 15.

We’ll call him the Kansas City Chiefs of the WSOP; championship material that is always aggressive, but never.

Also at the WSOPE …

Florian Sarnow Final Tables in 24 Hours

The only bracelet event money of florian Sarnow was an place finish in the 2016 Colossus in Las Vegas. But to his resume, he added a set of cashes on Thursday and Wednesday. Both occasions were tabled by him.

The impressive run began with a runner-up finish in hold’em ($37,678). He expected to get over the hump and win his first bracelet, and got back this one PLO, to another table the day. Unfortunately, for the German, he was the first to bow out in the eight-handed closing table ($5,198).

He jumped 5, $ 1,100 Monster Stack after collecting his PLO winnings. Busy day.

Related Posts

Nevada Sportsbooks May Soon Accept Out-of-State Wagers

Where sports betting is legal, with approval for a leap pending facing the state Gaming Control Board, nevada sportsbooks appear to be on the point of accepting bets.

Nevada sportsbooks

Bellagio in Las Vegas is home to one of the best Nevada sportsbooks. (Image: thevegasparlay.com)

The US Supreme Court determined each nation should be able to legalize sports gambling this year. As a result of the judgment, sportsbooks in Nevada became stressed that their earnings would decline.

To help ease these concerns, the GCB is thinking about the possibility of allowing out-of-state wagers. It wouldn’t be the first time Nevada’s gaming regulators approved a measure that is similar.

Better Results than Online Poker?

Earlier this season, the Silver State granted its poker site, WSOP.com, permission to unite its player pool with New Jersey and Delaware. Despite the liquidity agreement, none of the states have profited much financially.

On Tuesday, the gambling board heard testimony from 10 business representatives. The hearing addressed including accepting sports wagers four gaming related issues.

If the measure is approved, sportsbooks will be permitted to accept wagers from clients in states that have legalized sports gambling.

New Mexico became the sixth state to open a sportsbook that was legal, linking Delaware, New Jersey, Nevada, West Virginia, and Mississippi.

Before the Supreme Court ruling earlier this year, only Nevada had licensed sportsbooks in operation. The US court overturned the Professional and Amateur Sports Protection Act of 1992, a law which prevented all but four states.

Some felt the judgment may harm Las Vegas’ sportsbooks. However, the Gaming Control Board seems willing to help.

Nevada Sports Betting Upgrades

The Gambling Control board is also considering two other changes to its sports betting regulations. First of all, player security’s dilemma was addressed.

When using a sports betting app providing a social security number is a requirement. That rule might soon end. That law to only want a participant submit the last four digits of his or her social security number may be amended by Gambling regulators.

The issue on the docket at the hearing of Tuesday is geared towards tourists. At the moment, sportsbooks are only required to give winning ticket holders to cash in their ticket. That’s often a problem for non-locals who forgot before leaving town to cash in a winning ticket or won futures bets.

A full year in the future, assuming the Gambling Control Board approves the measure, gamblers will have. That will give them more time to return if they reside in, say, Paducah, Kentucky, which is 1,700 miles from Las Vegas.

Related Posts

New Jersey Gaming Regulators Warn Offshore Affiliates about Promoting Illegal Sites

New Jersey gaming regulators are sounding the alarm on what they see as a threat to regulated gambling operations in the nation — the continuing operation and promotion of illegalwebsites.

New Jersey gaming

DGE manager David Rebuck (left) needs to make sure all sports gambling New Jersey is done above board. (Picture: PIX11.com)

“The illegal market is enormous in the US, and it has been for a very long time, stunningly to us,” David Rebuck said earlier this month at the G2E Global Gaming Expo in Las Vegas.

Rebuck is the manager of the New Jersey Division of Gaming Enforcement (DGE), and he’s been working behind to scenes to do something about the matter.

Online Poker Report revealed that Rebuck and his team are trying to clear out competition from unlicensed sportsbooks and gaming websites, at least partly by warning businesses that promote these sites they won’t be able to be licensed in the state if they maintain relationships with unlicensed operators.

In a letter got by OPR and sent to one gaming affiliate:

“This letter will serve as official notice your site, by offering unauthorized gaming links, is promoting activity that’s contrary to New Jersey and federal law,” Rebuck writes. “We request that you immediately remove any online gaming links that are not authorized under federal law or the law of any State.”

By Affiliation?

In a New Jersey legislative hearing last month, Rebuck suggested that authorities had pinpointed 108 illegal gambling websites currently available to US customers, and noted that some affiliates doing business with licensed New Jersey operators are also offering players from the state the ability to gamble with unlicensed, unregulated operators.

And that’s something Rebuck states DGE will attempt to stop.

“The division won’t license or register any company that’s promoting illegal websites, since this activity negatively influences that company’s good character, honesty, and integrity,” the letter read.

The DGE do not make any effort and would make it the responsibility of gaming operators not to do business with affiliate websites that are partners with rogue gambling operators that have no license.

Defending New Gaming Ground

It’s not a issue — Rebuck has been trying to crack down on websites since 2014 — but is a particularly pertinent one.

New Jersey was one of the first to legalize sports gambling in the wake of a landmark decision by the Supreme Court to overturn a national ban on the activity.

With so many interests, the stakes are much higher, and the early results have been mixed. While sports gambling revenues have hit a strong $40.4 million since June, the take for internet poker dropped to a record low in September.

Those operators that are legal need assurances that everyone is on an even playing field. Websites like Bovada don’t need to pay the taxes, giving them a leg up on the operators that are licensed in New Jersey.

The DGE is making it very clear that, if it can not shut down sites that are such, it’s going to do everything in its power to cut off any support from US operators.

Related Posts