Tag Archives: Peter King
- Rep. Jim McDermott introduces Day Late & Dollar Short Online Gambling Act of 2013
November 15, 2013
Just as our Jason Kirk was lamenting the lack of federal legislative action on online poker, Rep. Jim McDermott (D-WA) was introducing legislation into the House of Representatives sketching out a proposed framework for taxing online gambling. McDermott’s HR3491 'Internet Gambling Regulation and Tax Enforcement Act of 2013' is the...
- AGA reconsiders legislative stance in face of Congressional gridlock
August 3, 2013
Rep. Peter King (R-NY) was trawling the hallways of Congress this week, looking for support for the online gambling bill he unveiled in June. King distributed a letter to his fellow Washington pols on Tuesday, reminding them that “the choice to play games of skill or chance should be a...
- Investing The Hard Way: Second Quarter Review
July 1, 2013
Blah. That's probably the best word to describe the second quarter for gambling stocks. As a whole, the sector – as measured by the Market Vectors Gaming ETF (BJK) – rose a little over two percent, modestly under performing the three percent gain seen in the broad market. In an echo of...
- Investing The Hard Way: The Legal Challenges Facing Gambling Stocks
June 10, 2013
“The first thing we do, let's kill all the lawyers.” - William Shakespeare, Henry VI One of the great ironies of the gambling industry is that it appears, at first glance, to be one of the simplest businesses known to man. The 'house' – whether a casino, racetrack, or sportsbook –...
- Rep. Peter King’s federal online gambling bill ambitious, but likely stillborn
June 6, 2013
As promised last month, Congressman Peter King (R-NY) has introduced the Internet Gambling Regulation, Enforcement and Consumer Protection Act of 2013 (read it here). Unlike Sen. Harry Reid’s aborted 2012 Nevada-centric online poker bill, King’s bill aims to “foster a level playing field” among all potential online gambling stakeholders, including...
- Bwin.party flip-flops on Nevada license as new federal online poker bills loom
June 1, 2013
Two Republican members of the US House of Representatives are planning to introduce online poker bills into Congress. Aides for Rep. Peter King (NY) and Rep. Joe Barton (TX) told Reuters their bosses are working on separate pieces of legislation to head off state-level initiatives in New Jersey, Delaware, California...
Nevada legalizes Parimutuel Betting on eSports
October 17, 2017
Google eyeing takeover of Bwin.party ahead of New Jersey launch
September 13, 2013