Some Gambling News

Two items caught my eye, one about online gaming and the other about poker classifications. They both seemed rather interesting, but I will lead with the less entertaining one regarding online slot machine and poker playing.

PartyGaming has announced that their online division is expecting profits of $140 million for last year. The company had bailed on the US market last year because of the Department of Justice and their never ending quest to stop online gaming, but it did not ultimately hurt the company. Also, Paradise Poker room has changed software platforms to Boss Media. Sportingbet PLC will have to eliminate $110 million estimated value of their current software to bring in the new software, but the company thinks it is a good idea because of the US governments ban on online gambling.

Lastly, American Gaming Association President Frank Fahrenkopf has said that he does not think that Congress would ever classify poker as a game of skill. The game is currently listed as a game of chance, which enables the government to lump it in with slot machines and everything else and put it under the UIGEA heading. Many think it is a game of skill and it should have its own classification, but if that happened it would change much of the outlook of American gaming laws.

Back to Monthly Archive // Main Slot Machine News Index