I missed it. They were talking about Maryland but not sure if it was brick and mortor or online. I do know that any gambling will promote or help online gambling, real money gambling, and going to physical casino's.
Sentiment: Strong Buy
While online casinos cannot be established in the state of Maryland, offshore online casinos can be played by residents of the state. Maryland's criminal code does nothing to ban online casinos, and you are not going to face criminal charges for participating. Just choose the right casino and you have nothing to worry about when participating in this industry. There could be a new wave starting across the web and states.
I saw it also HOLD em as this stock can do very well. ZNGA poker app is the top grossing iPhone app for the U.S and U.K market for 2012 and this is no small feat considering that the game has been around for two years and is still finding a large number of users. We expect this game to be turned into real-money games soon once the gaming license comes through. The company has officially filed papers with the Nevada Gaming Control Board for a gaming license in the state which will be subject to Zynga’s financial standing and regulatory track record. The company was also in talks with Wynn Resorts earlier this year for an online gambling partnership, and we expect to see significant growth in revenues led by real money gaming if the license and partnership deals go through.
Big Apple Budget Proposes Online Gambling Legalization in New York
Here is the time-line of events. The United States Department of Justice reverses their long-held opinion that all forms of online gambling are illegal in December of 2011, advising individual states to make that decision for themselves. In early 2012, Nevada becomes the historic first state to legalize online poker soon after that landmark decision, [...]
Chicago Casino Gambling Bill Proposes Online Illinois Wagering
You might think that the recent veto by Illinois Governor Pat Quinn regarding expanding brick-and-mortar gambling in his state would mean bad things for the future of Internet gambling in the Prairie State. But state Senator Terry Link did not let that decision dissuade him from proposing a bill that would call for statewide legalization [...]
US Feds to Propose Online Gambling Legislation This Spring
In late 2011 the United States Department of Justice decided to flip flop an age-old position regarding online gambling. They moved from illegalizing all forms of online gambling in the US to allowing each state to decide its own destiny. That has since resulted in Nevada, New Jersey and Delaware passing legislation legalizing online gambling [...]
Texas Online Poker Package Proposed
Legalized Internet gambling has come to the United States once again. Online gambling has been legalized in New Jersey, Nevada and Delaware in some capacity. Right now New Jersey has the largest potential player pool of those three states due to their 9 million residents. Nevada currently has a population of 3 million, with Delaware [...]
California Re-Buys Into Online Poker With New Gambling Bill
Nevada, Delaware and New Jersey have passed online gambling packages making it legal for United States companies to operate internet gambling portals. You must be located inside those states’ boundaries as a resident or traveler to play, and those three states have positioned themselves as leaders in a multi-billion dollar online gambling business in the [...]
Didn't see it but Caesars is just starting a brick and mortar in Baltimore. Slots and table games overseen by Md. Lottery. If we get a license in the US I'm a bit worried that these states that depend on these proceeds will ban internet gambling in the state
The winners might be the ones with a mobile platform. The steady rebound in the share price for various game makers will attract investors looking for investments undergoing a sustainable turnaround. Zynga (NASDAQ: ZNGA) and Glu Mobile (NASDAQ: GLUU) are two companies that closed recently well above lows reached in November 2012. Zynga is up nearly 70%, while Glu Mobile is up 43%.
Just wish Florida would get on the band wagon, seems the seminole indians down in southern Florida own our state legislatures and keeps all other forms of gaming out of Florida. They just don't realize that northern Floridians travel over to Biloxi to gamble. At least online gaming would bring in some state revenue.
Lu24, no internet ban my friend, every state needs the added revenue stream,, just like powerball and megabucks the lottery in each state will promote a compact system for internet gaming...
just as powerball and megabucks produce larger payouts the state lottery running internet gaming will give players a progressive jackpot on the internet in both poker and all casino games played !!
gaming history will repeat itself in the usa !!!
Sentiment: Strong Buy