A Massachusetts Native American tribe has eliminated one of two major hurdles as it pursues the one and only Indian casino license included in that state’s expansion of gambling. The federal Bureau of Indian Affairs has approved a gaming compact negotiated by the Mashpee Wampanoag tribe and Gov. Deval Patrick…. Continue reading
The head of the Borgata Hotel/Casino in New Jersey says he does not believe Internet gambling will have a negative effect on attendance at Atlantic City’s brick and mortar properties. He based his opinion on a review of the company’s 20,000 online account holders and their visits to the casino…. Continue reading
While three states permit intrastate online gambling, an Oklahoma-based tribe is looking to conduct Internet gambling involving international players. The Cheyenne and Arapahoe Tribe of Oklahoma has an agreement with the state whereby they would operate an Internet site called pokertribes.com that would attract players from around the world. But,… Continue reading
Internet gambling is shaping up as the “Battle of the Behemoths,” now that information regarding major investments by well-known hedge fund operators has been made public. In a piece for Forbes on Monday, Nathan Vardi identified billionaires George Soros, John Paulson and Leon Cooperman, known in the financial world as… Continue reading
