Online Casino and Gambling News: April 2013

Internet Poker Traffic Drops For 7th Straight Week

Internet poker traffic continued its recent nosedive as internet poker traffic monitor PokerScout noted that player numbers dropped for the seventh consecutive week.

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Pennsylvania Launches Internet Gambling Bill

Politicians in the state of Pennsylvania have launched a bill that would allow for internet betting in the Keystone State.

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World Sports Exchange Closes

Internet based sportsbook World Sports Exchange has announced that it has closed its doors this week due to financial issues the firm was having.

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Betfair Rejects Acquisition Bid

UK based betting firm Betfair has rejected an offer by CVC Capital Partners to acquire the firm, noting that the bid vastly undervalues the betting exchange's value.

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Bwin Restricts Player Action From 18 Countries

Internet betting firm Bwin Party Digital Entertainment has announced that it will begin restricting player access from 18 different gray market spots beginning at the end of the month.

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New York State Senator Concerned About Internet Betting

A State Senator from New York has voiced concerns regarding the legalization of online gambling in the neighboring states of New Jersey and Delaware, stating that he believes it could lead to illegal gambling within the Empire State.

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11 People Arrested In Ohio Sweepstakes Cafe Raids

Eleven people were arrested in Ohio last week on charges that they were running illegal internet sweepstakes cafes in the Buckeye State.

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Legends Begins Re-Directing Bettors

Less than a week after it shut down, respected Costa Rican sportsbook Legends Sports has announced that it will transfer all existing player balances to fellow site WagerWeb Sportsbook.

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Internet Betting Will Bring New Jersey Big Revenues

New Jersey's Legislative Budget Chief David Rosen revealed last week that internet gambling could generate $225 million in state taxes annually, with gross revenues reaching $1.5 billion in five years.

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Spain To Regulate Exchange Betting And Casino Games

Spain's gambling regulator announced this week that it has analyzed arguments and decided that it will regulate exchange betting and internet based casino games in order to combat illegal betting and money laundering taking place in the country.

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