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Monday, May 06, 2013

Casinos Brace For Impact Of Internet Gambling

 ATLANTIC CITY, N.J. — With legal gambling now moving beyond the casinos and onto the Internet, the industry is bracing for the most far-reaching changes in its history.

A Las Vegas firm, Ultimate Gaming, on Tuesday became the first in the U.S. to offer online poker, restricting it, for now, to players in Nevada. New Jersey and Delaware also have legalized gambling over the Internet and expect to begin offering such bets by the end of this year.

And many inside and outside the industry say the recent position taken by the federal government that states are free to offer Internet gambling — as long as it doesn’t involve sports betting — will lead many cash-hungry state governments to turn to the Web as a new source of tax revenue.
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2 comments:

Anonymous said...

Of course stupid Commie Md is again a day late and dollars short..waiting till all suronding states legalize gambling because a dumbocrat wanted it now taxing booze and cigs to chase the revenues away lost 10 years of gambling$$ and now..on line but not in MD...told ya time too move cause all these revenue shortfalls wiill come back to bite the dumbest state in the unionMD true democratic stupity

Anonymous said...

I hope it runs the lotto entity in Maryland in the ground.