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I. Nelson Rose Gaming Guru - Page 11  Which Way, Asia?29 October 2008
Macau’s gross gaming revenue is slowing. Still, the only legal casinos in China made more in the first three quarters of 2008 than they did in all of 2007 -- and that was more than all the casinos on the Las Vegas Strip.
Singapore is next, with the first of two gigantic integrated resorts, or IRs, as ... (read more)
Gambling and the Law: Is poker -- like chess -- a game of skill?10 October 2008
Is poker a game of skill?
In states without licensed cardrooms, the answer will almost always determine whether it is legal to operate the game as a business. In about half the states, it would also determine whether merely playing in a commercial game is a crime.
States do have the right to put restrictions on games of skill played for money. ... (read more)
Europe Decisions Don't Open Doors to U.S. Players9 October 2008
The European Court of Justice and the European Commission have issued dramatic statements calling for the end of barriers to Internet gambling. Some observers see these as the beginning of the end for America’s Unlawful Internet Gambling Enforcement Act and the opening of doors to Internet gaming, ... (read more)
Enforcing a Stupid Law12 September 2008
The problem with political jokes is they sometimes get elected.
Anonymous
What do you do with a law that should never have been written?
By this time, most people who are interested in Internet gaming know the sordid history of the Unlawful Internet Gambling Enforcement Act: It was written by the failed politician William H. ... (read more)
No Withholding on Poker Tourneys2 September 2008
The Internal Revenue Service has decided that every poker operator in the United States will have to report anyone who wins more than $5,000 in a poker tournament.
To get around the fact that Congress never authorized this, the I.R.S. is pretending to require that 25 percent or more of these winners’ ... (read more)
No withholding taxes on poker tourneys2 September 2008
The IRS has decided that every poker operator in the United States will have to report anyone who wins more than $5,000 in a poker tournament.
To get around the fact that Congress never authorized this, the IRS is pretending to require that 25% or more of these winners' prizes have to be withheld by ... (read more)
A Barry Keene Law7 August 2008
One of my favorite stories of government incompetence is the Barry D. Keene scandal. Keene, one of Gov. Gray Davis' cronies, signed a contract requiring California to overpay Oracle as much as $41 million for software that was not needed and never used. Keene's excuse was that he was having problems with his second wife. ... (read more)
Victim of Its Own Success7 August 2008
Most casinos in the world face one of two major problems with their government regulators. Either the system is too new, or it is too old.
Macau is both.
When a gaming regulatory system is new, regulators, both the true casino regulators and lawmakers, have freedom to play at being social engineers. ... (read more)
Internet Gambling and the Presidential Race2 May 2008
For far more than 200 years, the federal government has let the states decide what their public policy toward gambling will be. Neighboring states, like Utah and Nevada, can adopt prohibition or casinos, and the federal government's role has been to either step aside or, if asked, to help a state enforce its laws.
... (read more)
Who owns tokens left in slot machine trays, or how to turn 5¢ into a fortune - by suing the casino1 March 2008
Stella Romanski found a nickel token in a slot machine tray and won a jackpot, thanks to a runaway jury and judges who think casinos have too much money.
Stella, 72, and her friends, Dorothy Dombrowski and Linda Holman, had paid $9 each for bus rides and a lunch buffet at the MotorCity casino in Detroit. ... (read more)
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