Poker News - Laws, Regulation & Legislation

Nevada Regulators Cannot Agree on Medical Marijuana Laws for Casinos

Tuesday, 20th May 2014

Nevada legalized medical marijuana nearly a decade and a half ago. Fourteen years after pot was made legal for certain medical conditions, Nevada gaming regulators still have not figured out how the law applies to smoking pot on casino premises. Under Nevada law from 2000 to 2014, people with a

California Chrome Wins Preakness, Seeks First Triple Crown Win in 36 Years

Saturday, 17th May 2014

California Chrome won the second of three Triple Crown races on Saturday, setting up one of the most anticipated Belmont Stakes in decades. If the thoroughbred can win at Belmont Park in New York on June 7, California Chrome will become the first Triple Crown winner in 36 years. 12

The National Council of Legislators from Gaming States Makes Standards Suggestions

Friday, 16th May 2014

On Friday, The National Council of Legislators from Gaming States suggested standards all US states considering online gaming should adopt. The New York based group believes nationwide standards will make it more likely that the U.S. public accepts the online gambling industry. The iGaming industry faces a pivotal test in

Deutsche Bank Sells The Cosmopolitan of Las Vegas to Blackstone for $1.73 Billion

Thursday, 15th May 2014

Deutsche Bank AG has ended its foray into the Las Vegas gaming market after it sold The Cosmopolitan of Las Vegas for $1.73 billion. The Las Vegas Strip resort and casino is considered a luxury property, but it was unprofitable in the time the German investment bank owned the casino.

Local Gambler Convicted of Cheating and Swindling at 3 Atlantic City Casinos

Wednesday, 14th May 2014

Derek Bethea of Bayonne, New Jersey was convicted today of illegally placing bets at three Atlantic City casinos. The man stood accused of placing bets after the winning numbers at a craps table had been determined. Derek Bethea has spent most of the past 13 years in prison, due to

Atlantic City Gambler May Sue Revel Casino over Its Medical Marijuana Policy

Tuesday, 13th May 2014

A medical marijuana patient is demanding the right to use his prescription drugs in the Revel Casino in Atlantic City. 23-year old Daniel Price of Atlantic City has told the Star Ledge he has retained a lawyer and wants an answer on whether he can use marijuana on the Revel

The Big One for One Drop Adds 10 New Players, Begins on June 29 at Rio Casino

Monday, 12th May 2014

The $1 million buy-in “Big One for One Drop” will begin on June 29 at the Rio ALl-Suite Hotel & Casino in Las Vegas. The One Drop Foundation is a Canadian non-governmental organization which fights poverty by supporting water access globally. Each year since 2011, the One Drop Foundation has

Bitcoin Has Become a Widespread Online Gambling Payment Method

Sunday, 11th May 2014

Bitcoin is becoming a more common payment method for underground betting sites, according to Naomi Brockwell of Bitcoin Center NYC. Brockwell recently spoke on camera with John Stossel, the Emmy Award winning TV journalist for Fox News. Bitcoin is a currency ready-made for online gambling. In fact, about 50% to

CEO Gary Loveman Says Caesars Might Close One or More Atlantic City Casinos

Friday, 09th May 2014

Caesars Entertainment may consider Atlantic City closures, due to “market challenges”, according to Bloomberg Businessweek. Caesars CEO Gary Loveman admitted to pressure on the Atlantic City properties during a conference call this week. “All the businesses in A.C. are under tremendous pressure.” In discussing retraction, Loveman said that reducing the

Ben Affleck Barred from Counting Cards at the Hard Rock Casino

Thursday, 08th May 2014

Ben Affleck recently was barred from playing blackjack at the Hard Rock Hotel & Casino on the Las Vegas Strip. Contrary to reports on tabloid websites across the Internet, he was not banned for life from the Hard Rock Casino. Affleck is said to have been caught counting cards, which