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I. Nelson Rose Gaming Guru - Page 4  New York's sports betting disaster25 October 2021
On Friday, 22 October the New York State Gaming Commission announced what the tax rates will be for anyone unfortunate to win the right to operate online sports betting. Most of the bids were probably already in, but the Gaming Commission graciously gave the companies involved til Monday to amend their complex, multi-million-dollar proposals. ... (read more)
Gambling and the Law: The power of television5 March 2019
The more things change, the more . . . What? They remain the same? They change? One of the last book stores in Los Angeles recently closed. And record stores are just as rare. This doesn’t mean that people aren’t buying, or at least reading, books. And more individuals have copies of recorded music, mostly downloaded, than when it was only available on vinyl or tape. ... (read more)
Gambling and the Law: Preferential shuffling19 February 2019
It is time to look again at the controversy over the right of casinos to shuffle cards in blackjack whenever the remainder of the deck favors the players. Although the issue of casino dealers counting cards has been stewing for decades, the most recent flare-up is the result of technological breakthroughs. ... (read more)
Gambling and the Law: Card counting by casinos13 February 2019
It seems the eye in the sky has acquired a brain. The watchers have learned to count cards. Casinos have installed computer programs that can tell whether players are counting cards at blackjack. By recording how players change the size of their wagers and how they plays the hands as cards are dealt, these sophisticated programs can even determine which system the players are using. ... (read more)
Gambling and the Law: Dealers who count cards13 February 2019
Government regulators ought to at least pretend to be neutral. This is particularly true of regulators whose main job is to protect the public. Imagine the Atomic Energy Commission saying nuclear power plants can set their own safety standards, and anyway, there is nothing wrong with a little radioactive meltdown. ... (read more)
Gambling and the Law: Why retaliatory tariffs on playing cards?21 August 2018
The bad news for the legal gaming industry is that Canada and the European Union have imposed a 10% additional import tax on playing cards manufactured in the United States. The only good news, if you can call it that, is that China has so far not followed suit. The new added import taxes are expressly ... (read more)
Gambling and the Law: Professor Nelson Rose Speaking at the IMGL Autumn Conference16 August 2018
Among the topical discussions at IMGL’s Autumn Conference, we’ll be paying special attention to the Social Responsibility panel. I. Nelson Rose will join Sebastian Blohm, Global Head of Corporate & Legal Affairs at ZEAL Network SE and Chris Elliott, Solicitor at Wiggin LLP on the panel moderated by Cosmina ... (read more)
Gambling and the Law: Brooklyn Law review essay cites I. Nelson Rose24 July 2018
In a newly-published essay “Insiders, Outsiders, & Fair Access: Identifying Culpable Insider Trading” by Jonathan D. Glater, I. Nelson Rose’s seminal work Gambling and the Law is cited. Prof. Rose’s discussion of card-counters and other advantage blackjack players is used to help analyze what constitutes ... (read more)
Gambling and the Law: Macau and Las Vegas - Collateral Damage from Trump’s Trade War with China13 July 2018
President Donald Trump has escalated his trade war with China. Last week he announced that he intends to slap tariffs on another $200 billion of imports from China. Stock markets around the world fell dramatically, as did the value of China’s currency, the yuan. China responded, as it always does, with retaliatory tariffs on American produce and products. ... (read more)
Gambling and the Law: The Supreme Court changes everything4 June 2018
Late last year, I wrote a blog about the then pending sports betting case, entitled, “The Most Important Case of the Century.” It turned out to be even bigger than that In the coming days and weeks, I will be discussing in detail what this major change in the law means. But here is a summary of what happened and why, and what questions remain. ... (read more)
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