dinsdag 27 september 2016

American Gaming Association calls for legalized sports wagering


In advance of kicking off its three-day Global Gaming Expo (G2E) in Las Vegas, the American Gaming Association trade group has called for the federal government to consider legalizing sports wagering nationwide.

A new report from the body's Illegal Gambling Advisory Board has advised Congress to repeal the 1992 Professional And Amateur Sports Protection Act (PAPSA), which banned sportsbetting in all states with the exceptions of Delaware, Oregon, Montana and Nevada, and replace it with a "rigorous" set of regulations.

"The current approach to sportsbetting in the United States is not working; instead, it's fueling criminal enterprises," said Tim Murphy, a former Deputy Director for the Federal Bureau Of Investigation and leader of the Illegal Gambling Advisory Board. "The time has come to repeal the current sportsbetting ban and replace it with rigorous regulations that benefit states, protect consumers and maintain the integrity of the games."

Murphy guided the first-ever law enforcement summit on illegal sportsbetting in Washington, DC, this summer and has now helped to produce the Law Enforcement On Illegal Sports Betting: After-Action Report, which declared that the current approach by United States authorities to sportsbetting is "failing".

"Under PASPA, federal law largely prohibits sportsbetting outside Nevada," read a statement from the American Gaming Association. "Instead of curbing illegal betting, the law has driven sportsbetting underground, creating a thriving $150 billion to $450 billion illegal market with no consumer protections, no tax benefits for communities and no safeguards for sport integrity."

The Illegal Gambling Advisory Board, which also consists of Ed Davis, former Commissioner for the Boston Police Department, and Jim Dinkins, past Homeland Security Investigations Executive Associate Director for the United States Immigration And Customs Enforcement, concluded that the federal government must repeal PASPA and "allow states to determine if they wish to regulate this form of wagering".

"No voice is more important than law enforcement to make clear the perils of a thriving illegal sportsbetting market and why prohibition is failing," said Geoff Freeman, President and Chief Executive Officer for the American Gaming Association. "The Illegal Gambling Advisory Board makes a compelling case that will capture the interest of lawmakers on Capitol Hill and demonstrate why it's time for legislative action."

The Illegal Gambling Advisory Board is moreover made up of JB Van Hollen, the past Attorney General for Wisconsin, and Bill Young, a former sheriff for Clark County, Nevada, and explained on Wednesday that a regulated sportsbetting system would aid law enforcement efforts and better protect consumers.

"The United Kingdom and other international markets demonstrate how legal [and] regulated sportsbetting can create a powerful partnership between the gaming industry, the leagues and law enforcement," read the statement from the American Gaming Association. "This transparent system provides effective tools to monitor, investigate and shut down illegal activity."

The Illegal Gambling Advisory Board estimated that upwards of $4.1 billion was wagered on February's Super Bowl 50 while as much as $90 billion is expected to be bet on National Football League and collegiate American football games this season with 98% of these wagers made illegally.

"Through its Stop Illegal Gambling: Play It Safe initiative, the casino gaming industry is working with law enforcement organizations and agencies including the Federal Bureau Of Investigation, attorneys general, district attorneys, police chiefs, sheriffs and others to expose the growing illegal gambling market that preys on consumers, siphons tax revenues and funds violent crime and stands in stark contrast to the legal [and] regulated gaming industry that serves as a community partner across 40 states," read the statement from the American Gaming Association. "The American Gaming Association is focused on five types of illegal gambling [in] sportsbetting, illicit machines, Internet sweepstakes cafes, online and often offshore wagering and animal betting.

Kahnawake gambling sites will no longer serve US customers

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Kahnawake gambling sites will no longer serve US customers

 K Morrison  September 27, 2016  Canada, Latest Casino and Gambling News, Licensed online casinos in USA, New Jersey, Online gambling regulation, Online Poker, Sports betting, The Players Lounge, U.S.A.
Customers in the U.S. will no longer be permitted by the Kahnawake Gaming Commission (KGC) to be served by its online gambling licensees after it was determined that Continent 8, LLC, an Internet technologies firm, may have violated its New Jersey license.

On Monday, the New Jersey Division of Gaming Enforcement (DGE) announced that it and the KGC had reached an understanding that will prevent Kahnawake-based websites from accepting bets from U.S. residents if the websites are not authorized.  The new policy will take effect on September 30.

According to the press release, DGE took prompt action when it became aware that services may have been provided by Continent 8 to illegal Internet gaming websites via the data center located in the Mohawk Territory of Kahnawake, a sovereign jurisdiction located just outside Montreal, Quebec, Canada. Specifically mentioned were sites offering, "illegal online sports wagering," according to the release.

After extensive discussions regarding unique jurisdictional issues, with the KGC and the Mohawk Council of Kahnawake, the DGE was able to ensure that once the policy goes into effect Kahnawake-originating websites would no longer be available to residents of the U.S where such companies are not authorized to operate.

The result of the new policy is that trusted casino sites such as Intertops, Clubworld, Bovada, Slots.lv, Aladdin's Gold, Allstar Slots and several others will no longer be able to list the KGC as their licensor and will not be able to offer their players dispute resolution services through the commission. In recent years the KGC has become known as offering one of the fairest dispute resolution services in the world to its license holders.

While the DGE action may appear to protect players in New Jersey, and perhaps Nevada and Delaware – in effect, it leaves the rest of the country without a viable online casino regulator.

David Rebuck, Director of the DGE, said, "The Division is pleased to have the KGC's assistance as a fellow regulator and looks forward to working together in the future. We were able to reach a series of agreements that are amenable to all of the parties involved and satisfy the Division's regulatory concerns. The Division appreciates the KGC's commitment and looks forward to its continued cooperation in the fight against unlicensed Internet gaming traffic. This agreement is an important step in ensuring the integrity of Internet gaming operations in New Jersey and helps ensure that online gaming patrons can play on fair, regulated sites," according to the news release.

woensdag 7 september 2016

100 Bitcoins in One Day at mBit Casino


September 6, 2016 Curacao – Could you imagine winning 100 bitcoins in a day? You would bank close to $60,000 USD. It's possible, and a player at mBit Casino scored this win just a few days ago.

Playing the game Geisha and a 4 of a Kings, with bets between 0.12 and 0.012 BTC, a player booked a net win of 101.5 bitcoins. The player, who was a new member at mBit Casino, had the following to say…

"Amazing how much better my gambling experience was with mBit. I won $57,600 and within minutes the money was in my wallet, I could not believe it, Thanks mBit for this opportunity" 

– Lucky Winner

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"New players are coming in large numbers after we launched our new VIP system a few weeks ago. Nothing makes us more excited than seeing big winners like we did today. " 

– Linda Murphy – VIP MANAGER

The new VIP system includes 10 deposits bonuses per month and a total of up to 575% in Bitcoins. The 100 BTC winner said they joined largely due to the new, innovative VIP program at mBit.

We believe in full transparency at mBit Casino, and we have made the winner's spin available for public viewing on our YouTube channel: