Slot makers preparing for Internet gaming [LAS VEGAS REVIEW-JOURNAL - Posted: Apr. 22, 2012 | 2:02 a.m.]

... SOCIAL GAMING SURGE ...

... Zynga CEO Mark Pincus said the company could parlay its popular virtual poker game into real-life betting, calling the possibilities "mind-blowing." ...


... NET POKER OFFERS GATEWAY ...

... "The best opportunity for legalization on the federal level is poker," said Reno businessman Paul Mathews Jr., a member of Gov. Brian Sandoval's Gaming Policy Committee. "Let's get poker done on a federal level, and let's prove we can do this right." ...

just what i wanted.. ty PokerXanadu

Can someone login and read the rest of this article and report back?

http://online.wsj.com/article/SB1000...sj_share_tweet

Nothing new

You can view it for free through google news.

thanks

Seems like news to me. This article is saying there is a draft being worked on. We really haven't had a confirmation of this yet.

Pauky...you can read any WSJ article for free. Just copy the title of the article into Google search and enjoy!

here

I think articles like that are about all we are going to get until after the elections. Nobody drafting this bill seems to want to talk. I think it's just frozen until November and hopefully we will get some juicy details at that point. Maybe even a .PDF of the bill?

I hope at least this much happens.

I think they are stretching when they make it sound like the draft is being worked on right now. It looks to me like the author is just projecting off of the drafts from the 2010 lame duck session plus the occasional rumor that we all see in print once in awhile saying that Reid and Kyl are negotiating a bill.

Jon Ralston
‏@RalstonFlash

Had been hearing Reid and Kyl reached agreement on web gaming. @AlexandraBerzon confirmed. Problem: The House. Boehner in Vegas on Friday.

Considering nobody has commented on this, should I assume this means nothing?

Haven't they reached an "agreement" ~August? In any case, how much weight does Boehner really have?
P.S. Why/how in the hell is he meeting Adelson??

Barton said Boehner gave him a "yellow light" when he talked to him about hr2366 last yr. (before sheldon decided he was gonna try to dick us, fwiw)

I mean either way he coulda just been trying to placate our boy joe at the time.

If Boehner doesn't want this to happen, it won't. If there is an agreement between Reid/Kyl, then Adelson is likely meeting with Boehner to block it in the house. Based on what BFrank and Barton have said, though, I doubt Boehner would be the one the block this. It's going to happen at the state level anyway.

Vegas casinos gamble on online partners with a past

"...Many of the cash-starved states, encouraged by intensive industry lobbying, have felt freer to act since December, when the Justice Department declared that one federal anti-gambling law, the Wire Act, would no longer be enforced beyond sports betting.

But casino operators, Indian tribes and Internet powers bent on offering online poker lack experience delivering it. Online poker is a business that involves processing billions of dollars worth of bets and battling the fraudsters, cheats and robot-player software that can ruin the games. Hence the casinos are cozying up to some tech-savvy offshore partners whose pedigrees might give regulators pause."

after reading this article it's starting to sound like party/bwin is gonna own the US market.

http://openchannel.msnbc.msn.com/_ne...th-a-past?lite

:EDIT:
After re-reading this I notice:
The article is VERY long

Bits and pieces of anti-poker fiction displayed as truth

An overall "Gasp!" sentiment in the way the article is written.


this is probably NVG material, but...

:"Cliffs":

the title of the thread is the headline of the reuters story. The story is pretty much all over the place touching highlites from the 1997-present history of online poker/gambling. I can't tell wtf this guy is getting at because some parts of the story are very pro-poker seeming and other parts seem like the standard anti-gambling crap(imo).

first and last 3 paragraphs for those to lazy to click the link and/or read.

""SAN FRANCISCO -- To prime itself for the U.S. debut of legal online poker, MGM Resorts International, owner of such Las Vegas Strip monuments as the MGM Grand, the Bellagio and the Mirage, wanted a partner that knew the ropes.

So last October it hooked up with Bwin.Party Digital Entertainment Plc, a London-listed, Gibraltar-based specialist that rakes in more from Web betting than any other publicly traded company. MGM Resorts took 25 percent of a new venture 65 percent owned by Bwin.Party, with smaller Las Vegas casino operator Boyd Gaming getting the remaining 10 percent.


"We'll be out of the gate as soon as anybody," MGM Resorts Chief Executive Officer Jim Murren boasted to investors in February.""

...........................

""Zynga has held talks with Bwin.Party, 888, multiple California tribes and card rooms, and the big brick-and-mortar casinos, people familiar with the discussions said. The company might experiment first with poker in well-regulated overseas markets such as the United Kingdom, they said. Zynga declined to comment.

The gambling majors have seen the promise of social networking as well. MGM Resorts, like Bwin.Party, is planning its own game without cash payouts but with social networking built in. Caesars recently bought game application developer Playtika, which has a popular free slot machine app on Facebook called Slotomania, and it launched a Caesars-branded casino game suite there, too. Despite the enthusiasm, the risks of a regulatory, legal or public-relations setback for Zynga and Facebook are substantial, even if they partner well.

With millions of free players, "it's very likely these people can be converted" to playing for real money, said one longtime offshore poker executive. "But do they want a headline saying some kid lost $10,000 playing poker on Facebook?"

this seems to sum up the article best
:Caption under the main photo:

MGM Resorts International CEO Jim Murren attends a news conference in Hong Kong on May 19, 2011. Murren says his company's online poker tie-up with Bwin.Party, backed by onetime phone-sex and porn entrepreneur Ruth Parasol, gives it a competitive edge.

eh, i saw it on the front page of msnbc.com with the words "online poker" in the title. pretty rare, so i thought i should post. and when poker does show up on the home page of a major news site it's usually about a scandal. this article is probably good for us although yeah it is a little all over the place

http://www.latimes.com/news/local/la...,4104720.story

Thanks for the rundown, spoonfox.

SPECIAL REPORT: Vegas casinos gamble on online partners with a past [reuters.com]

To prime itself for the U.S. debut of legal online poker, MGM Resorts International, owner of such Las Vegas Strip monuments as the MGM Grand, the Bellagio and the Mirage, wanted a partner that knew the ropes.

...

Lazard Capital Markets said in March that it expected Zynga to move "aggressively" and capture an extra $100 million in annual profit by offering online poker with cash payouts and prizes.

Zynga has held talks with Bwin.Party, 888, multiple California tribes and card rooms, and the big brick-and-mortar casinos, people familiar with the discussions said.

...

It’s time for Eric Holder to follow the law [dailycaller.com]

By Drew Ryun
President, American Majority Action

...

Holder continues to ignore laws that have been duly passed by Congress, such as the Wire Act.

A few months ago, the Justice Department promulgated changes to the Wire Act under the cloak of night, thereby eliminating valuable tools used to crack down on foreign gambling. The Justice Department did this knowing full well that states do not have the ability to police the problem themselves.

...

Drew Ryun is president of American Majority Action, an organization that promotes the free market, American individualism and engagement in the political process. [emphasis added]

Wrote this: