Betting & Casino News Service

Lawmakers on Cyprus are concerned about unregulated wealth being moved through the country by online casino operators, and may establish regulations governing the Internet gaming industry.

Billionaires Carl Icahn and Donald Trump are competing for control of Trump Entertainment and its three Atlantic City casinos, with Trump trying to bring the company out of bankruptcy.

Financial services company Morgan Stanley is flush enough to repay the federal government billions and give more billions to executives, but wants New Jersey taxpayers to underwrite the completion costs for an Atlantic City casino.

Focus on the Family fanatics, not satisfied with trying to limit the freedom of US residents in regard to online gambling, are also telling Angelina Jolie how her daughter should be raised.

Even though the federal government tries endlessly to aid special interests controlling land-based casinos, online casinos still continue to grow in popularity, much as Netflix is bypassing Blockbuster.

Even though his extramarital affairs have cost him numerous sponsorships, golfer Tiger Woods denies he is talking to Internet casino operator Paddy Power about a $75 million deal.

David Paterson says scandals such as the mess involving the naming of the future casino operator at Aqueduct will not force him to resign.

A new tax suggested for online gambling deposits made by Kentucky residents will not be fought by Churchill Downs, which already somehow is fortunate enough to accept Internet wagers despite federal and state prosecutions of competitors.

CryptoLogic, one of the largest developers of Internet casino software, announced annual figures that showed a substantial loss, but explained reasons why the company can expect positive news in 2010.

An Australian politician known for opposing online casinos and gambling in general denies state-collected evidence that problem gambling is in decline.

Problem gambling may be more easily addressed by a new system called Gameplan, which allows players to get running figures on wagers and losses, as well as apply limits and self-exclusion which the system would enforce.

Las Vegas casino operator Steve Wynn appeared at a meeting of the Pennsylvania Gaming Control Board to convince the group he should be given control of the delayed Foxwoods casino development.

Florida lawmakers are close to a compromise deal with the Seminole Tribe which would give exclusive table gambling and partially exclusive slots to tribal casinos.

A German citizen is being held without bail in Florida for funneling payments to Internet poker players, with amounts reaching many millions of dollars.

A Florida lawmaker has introduced a bill regulating Internet poker and establishing online gambling administration and licensing.

Two US Representatives from Missouri are joining the fight to bring regulation to online gambling at the federal level.

The NFL and religious groups continue to use debunked arguments to oppose regulated online gambling.

An Iowa legislator is pushing a plan for intrastate online gambling through the state House.

A tax reform bill being pushed by US Senators from both parties uses regulation of Internet gambling to pay for simplifying and eliminating confusing tax codes.

A race track operator sued Jacksonville Internet cafe companies, saying the businesses were really illegal online casinos.