U.S. Virgin Islands Could Offer Online Gambling

U.S. Virgin Islands Could Offer Online Gambling

The U.S. Virgin Islands may soon have the ability to offer online video gaming, but many caveats abound. (Image source: Travel.usnews.com)

Most Americans understand the U.S. Virgin isles for the sunshine and beaches that are beautiful they could visit without having to get yourself a passport. But thanks to a present ruling from the hawaiian islands’ Attorney General, this vacation spot may soon become simply as well-known as a house for on the web gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an opinion with other Virgin isles officials, stating that the 2001 V.I. law that allowed for Internet gambling companies to operate in the united states wouldn’t normally clash with any federal laws in the usa, meaning that the law could finally be utilized to permit the territory to host Web gambling companies. Until now, the territory had held off on actually enabling any online video gaming to get forward, because of warnings issued from the government that is federal.

However, as is often the case in these situations, things aren’t quite that clear cut. What the law states only permits two companies to operate as ‘master service providers’ into the territory, shutting out some other potential operators. And one or more of those companies states they’ve lost a majority of their investors in the 12 years considering that the law has passed, as a result of the doubt around whether they’d ever b Continuez la lecture

Gaming Almanac Figures Show Casino Revenues Growing Across US

Gaming Almanac Figures Show Casino Revenues Growing Across US

There were lot of the latest casino openings across the U.S., and general, revenues are accelerating. Today(Image source: Indian Country)

If you’re in america these days, then you aren’t too far away from at the very least one casino. It’s no secret that there’s been casino that huuuge slots login is massive all across the united states throughout the last decade, as progressively states have wished to profit in the possible revenue streams that brick-and-mortar gambling can bring. And according to the latest reports, that tactic seems to be working for a lot of them.

The 2013-2014 North American Gaming Almanac was released this week, bringing more details of actual figures to light. The report that is annual the country’s video gaming industry includes a state-by-state breakdown of this revenues each state produces from gambling, including how those figures have changed over time.

Nevada Not Soaring

For most states, in line with the report, the news is fantastic though you may well not know that if you started by looking at Las Vegas. In Nevada, gambling revenues endured at $9.8 billion in 2000, but after rising for quite a while, they took a hit following 2008 recession. Meaning that in 2011, Nevada had been again bringing it— $9.8 billion from gambling in you guessed. Brand New figures for Nevada do look more promising, though, with the state recording a 7.4 per cent increase in year-over-year profits in September, bas Continuez la lecture