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May 31, 2011 | By Mark Gruetze, PITTSBURGH TRIBUNE-REVIEW
Online poker will rise again in the United States, but it's going to be a while - maybe two years or more - before it returns to the level it was before "Black Friday. " The shape it will take is up for grabs. Maybe casino giants such as Caesars or MGM will become dominant providers. Or maybe an organization such as the World Poker Tour. Maybe states will decide individually whether to allow Internet games within their borders. Or maybe Congress will enact a national law. At some point, it will be legal for poker fans in America to send money to a website, play online, and collect their winnings.
NEWS
January 20, 2014 | By Amy S. Rosenberg, Inquirer Staff Writer
BRIGANTINE, N.J. - Jamie Kerstetter is in her pink slippers with the pom-poms. And why shouldn't she be? It's a Sunday morning, and she's settling in to a long day during which she won't leave the apartment. The cards are dealt, on the screen, four tables going at once, a far cry from the 20 poker games this former tax lawyer used to fire up on her computer screen in Mexico, where she would spend hour after twitchy hour playing online Texas hold 'em. "My boyfriend and I would sit all day and not talk to each other except when one of us would say, 'Wanna order out?
BUSINESS
December 7, 2010 | By Joseph N. DiStefano, Inquirer Staff Writer
A late attempt in the lame-duck Democratic Congress to legalize online poker betting has only "a one-in-three shot" of passing, analyst Brian McGill , of Philadelphia-based Janney Capital Markets , told clients Monday, after checking his Washington contacts. "Negotiations are very active," hedged another Washington-watcher, analyst Edward Mills , of Richmond-based FBR Capital Markets . Online gambling, currently and illegally practiced by Americans on offshore websites, could go legit under a poker proposal pushed by Senate Majority Leader Harry Reid (D., Nev.)
NEWS
February 5, 2006 | By Patrick Kerkstra INQUIRER STAFF WRITER
Ari Paul's dorm room at the University of Pennsylvania has the trappings of the contemporary collegiate male: acoustic guitar, Hooters calendar, supersize bag of tortilla chips on the floor, and dual flat-screen computer monitors at which he's playing three simultaneous hands of online poker. The game is Omaha high, close to Texas hold 'em. Cards flick across the screens at a speed no casino dealer could match. The stakes are low by Paul's old standards, a total buy-in of just $500 at the three virtual tables.
NEWS
April 29, 2011
By Marc Cooper I was dealt some pretty bad hands recently by forces far out of my control. One day this month, I awoke to find that the feds had indicted 11 executives on multiple felony charges, including bank fraud and money laundering, at the three top sites in America's online poker market. They also seized their Web domains. If you logged on to Absolute Poker, Full Tilt Poker, or PokerStars, you got to look at the shiny logo of the FBI. I like to play the 50-cent-minimum, no-limit game on Full Tilt, but my $216.
NEWS
October 4, 2012 | By Suzette Parmley, Inquirer Staff Writer
LAS VEGAS - Internet gaming, the next frontier for casinos, occupies center stage here this week at the Global Gaming Expo, known as G2E. What form I-gaming will take and how it will be regulated are anyone's guess, but the industry already is creating interactive products that will allow anyone who frequents a casino to enjoy favorite slot machines or table games online, in virtual versions that look identical to those on the casino floor....
BUSINESS
March 9, 2013 | By Suzette Parmley, Inquirer Staff Writer
A bill that would legalize Internet wagering in Pennsylvania is to be introduced next week by State Rep. Tina Davis. The Bucks County Democrat confirmed Thursday that she might introduce the measure in Harrisburg as early as Wednesday. Davis - whose district includes Parx, the state's top-grossing casino - cited recent moves by New Jersey and Delaware as the reason Pennsylvania needed to get started on the issue. "We wanted to get the conversation going," she said. "We're working on some changes" to the bill.
BUSINESS
June 26, 2011
"I think flying is kind of an emotional experience. Maybe going to buy a couch in a furniture store is much less emotional, you know, because the couch just sits there and doesn't say anything to you. It's not worried about being on time and it doesn't take a huge assemblage of people and technology to bring it to pass. " - Herb Kelleher, former chief executive officer of Southwest Airlines Co. "You might not know this, but one of my responsibilities as commander in chief is to keep an eye on robots.
NEWS
September 3, 2006 | By Tom McGurk INQUIRER SUBURBAN STAFF
One never knows what one might find while scanning the help wanted ads. Stanley Kozlowski logged on to his computer for that very task, and, months later, the 46-year-old Bordentown resident found himself in the bright lights of Las Vegas, playing in the World Series of Poker's Main Event for the opportunity to win $12 million. "There's tons of stuff on the computer, and I was able to find an opportunity of a lifetime, even if it was by accident," Kozlowski said. In April, Kozlowski went to America Online in search of a job. He got sidetracked when he clicked on AOL's games section and was introduced to online poker tournaments.
BUSINESS
October 17, 2011 | By Suzette Parmley, Inquirer Staff Writer
LAS VEGAS - Bally Technologies Inc. showcased its most popular games, including Cash Spin, on several platforms here this month at the Global Gaming Expo (G2E). There was Cash Spin as a traditional slot machine; Cash Spin on an iPod, Droid, BlackBerry, and iTouch tablet; and Cash Spin as an online game at the Bally Interactive booth at the Sands Expo & Convention Center. As one of the world's largest suppliers of slot machines and systems that operate casinos, Bally and companies like it are gearing up for what many say will be gambling's next frontier: the Internet.
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BUSINESS
June 4, 2014 | By Harold Brubaker, Inquirer Staff Writer
Hand-wringing over the future of Pennsylvania's casino-gambling industry - which shrank in revenue last year for the first time since it began in 2006 - will resume Tuesday in Harrisburg at a state Senate hearing. The hearing, organized by the Committee on Community, Economic, and Recreational Development, is expected to expand on a May 7 session, during which a report on the industry by Econsult Solutions was released. Returning from a break, legislators are plunging into a difficult budget season, facing a budget gap that could soar as high as $1.2 billion in the fiscal year that starts July 1. Likely on everyone's mind, but not on the agenda Tuesday, is if or when the Pennsylvania Gaming Control Board will pick a winner from the five applicants for the second casino license in Philadelphia.
NEWS
January 20, 2014 | By Amy S. Rosenberg, Inquirer Staff Writer
BRIGANTINE, N.J. - Jamie Kerstetter is in her pink slippers with the pom-poms. And why shouldn't she be? It's a Sunday morning, and she's settling in to a long day during which she won't leave the apartment. The cards are dealt, on the screen, four tables going at once, a far cry from the 20 poker games this former tax lawyer used to fire up on her computer screen in Mexico, where she would spend hour after twitchy hour playing online Texas hold 'em. "My boyfriend and I would sit all day and not talk to each other except when one of us would say, 'Wanna order out?
SPORTS
January 10, 2014 | By John Smallwood, Daily News Columnist
NEWARK, N.J. - Norbert Teufelberger has been in the gaming business a long time. As the CEO of bwin.party digital entertainment, the Denmark native has made a living off "the national and international casino and betting business" for more than 2 decades. Before the passage of the Unlawful Internet Gambling Enforcement Act by Congress in 2006, bwin's Partypoker brand was the largest online-poker brand in the world. Teufelberger's experiences in the United States made him well aware of America's relationship with gambling, where a large percentage of the population does it but it's still considered taboo.
BUSINESS
November 29, 2013 | By Harold Brubaker, Inquirer Staff Writer
A Moody's bond analyst estimated this week that New Jersey gamblers' online losses could result in as much as $100 million in total operating profit for the seven Atlantic City casinos that have Internet gaming permits. Online gambling won't save Atlantic City, but it "is a much-needed boost for a market that has suffered protracted declines in gaming revenues amid increased competition from neighboring states and weak consumer gaming demand," said Peggy Holloway, a Moody's Investors Service vice president and senior credit officer.
BUSINESS
March 9, 2013 | By Suzette Parmley, Inquirer Staff Writer
A bill that would legalize Internet wagering in Pennsylvania is to be introduced next week by State Rep. Tina Davis. The Bucks County Democrat confirmed Thursday that she might introduce the measure in Harrisburg as early as Wednesday. Davis - whose district includes Parx, the state's top-grossing casino - cited recent moves by New Jersey and Delaware as the reason Pennsylvania needed to get started on the issue. "We wanted to get the conversation going," she said. "We're working on some changes" to the bill.
NEWS
February 2, 2013 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - A Feb. 7 deadline for Gov. Christie to sign off on a bill legalizing Internet gambling from computer servers based here is creating a sense of urgency at the Shore's smallest casino, the struggling Atlantic Club. Its prospective buyer - Rational Group US Holdings, parent company of the websites PokerStars and Full Tilt Poker, which combined have tens of millions of worldwide subscribers - plans to establish a headquarters here, the first that would merge a land-based U.S. casino with an online-gaming company.
NEWS
October 4, 2012 | By Suzette Parmley, Inquirer Staff Writer
LAS VEGAS - Internet gaming, the next frontier for casinos, occupies center stage here this week at the Global Gaming Expo, known as G2E. What form I-gaming will take and how it will be regulated are anyone's guess, but the industry already is creating interactive products that will allow anyone who frequents a casino to enjoy favorite slot machines or table games online, in virtual versions that look identical to those on the casino floor....
BUSINESS
October 17, 2011 | By Suzette Parmley, Inquirer Staff Writer
LAS VEGAS - Bally Technologies Inc. showcased its most popular games, including Cash Spin, on several platforms here this month at the Global Gaming Expo (G2E). There was Cash Spin as a traditional slot machine; Cash Spin on an iPod, Droid, BlackBerry, and iTouch tablet; and Cash Spin as an online game at the Bally Interactive booth at the Sands Expo & Convention Center. As one of the world's largest suppliers of slot machines and systems that operate casinos, Bally and companies like it are gearing up for what many say will be gambling's next frontier: the Internet.
NEWS
August 22, 2011
Little being said of wars' cost Do the American people realize that the cost of the present wars since 2001 is more than a trillion dollars ( www.costofwar.com ), which has been financed largely by borrowing? Why is it that our representatives in Washington and the current presidential contenders conveniently do not talk about this? The question is not should we be at war, but why are we going into tremendous debt to support it? Taxes were raised to support World War II, the Korean conflict, and the first Persian Gulf war. Why is our present situation any different?
BUSINESS
June 26, 2011
"I think flying is kind of an emotional experience. Maybe going to buy a couch in a furniture store is much less emotional, you know, because the couch just sits there and doesn't say anything to you. It's not worried about being on time and it doesn't take a huge assemblage of people and technology to bring it to pass. " - Herb Kelleher, former chief executive officer of Southwest Airlines Co. "You might not know this, but one of my responsibilities as commander in chief is to keep an eye on robots.
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