Gambling in the USA
Zack Ward, Global Sports Financial Exchange, Inc. CEO, Comments on the January 15, 2019 DOJ Wire Act Memo
There is a Clear Winner Here: The American People
Veteran film producer and Global Sports Financial Exchange, Inc. CEO Zack Ward says, “The January 15, 2019 Department of Justice (DOJ) 1961 Wire Act Memorandum is not the final word on Internet gambling, it is just a fierce reminder that they are in charge of the conversation. However, their actions will be the real statement. We are in a ‘wait and see’ scenario to find out exactly how they will enforce their position. How will they pursue the law on intrastate vs interstate and what qualifies as an illegal breach in our modern age of cloud computing? What level of priority will the United States Attorney’s office assign to hundreds of prosecutors across the nation? How aggressive will they be? How much support will The White House give?
Regardless of what happens, there is a clear winner here: The American People
Hopefully the DOJ’s wakeup call has saved investors from running in blinded by the ‘gambling gold rush’ and losing their life savings. We all remember how crypto currency was the new ‘Sure Thing Savior’ for all our financial woes and it ended up spanking thousands of Americans for billions of dollars. Thankfully, like a trusted sheriff, the DOJ has reined in the speculative investment stampede, saving us from another financial tombstone. No matter what your opinion, the next 90 days will be interesting.”
NHL Legend Bernie Nicholls says: “In understanding the importance of the Wire Act back in the 60’s when there were no cell phones, it is hard to imagine this not being enforced in today’s environment. It makes sense that this was used to protect the public, why wouldn’t it be used today? I think this is likely the last straw for the states that feel they should be offering sports betting to the public. With all the money being lost trying to figure this out, it’s only a matter of time before the leagues realize they are going to have a very hard time making any money from sports betting, as I don’t see why any casino operators would just start handing money over to the leagues when they have never had to do that in the past. Seriously, it’s time to close the book on daily fantasy and sports betting and time to open the book on sports investing.”
“No matter what kind of slant is put on this, this is an extremely bad day for the online gambling rip-off artists and a very good day for our nation in general. It also creates an extraordinary opportunity for us to push our sports investing concept and platform ahead rapidly,” says The Sports Vote political director, Chris Rabalais. “With questions swirling around the recent NFL playoffs, is more gambling the answer? Without confidence in the integrity of the games, the public will flee and the leagues will collapse.”
Gambling in the USA
Gila River Resorts & Casinos hosts $5.9 million Big Game prop play contest
Gambling in the USA
Spinomenal makes US debut with New Jersey market entry
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
Gambling in the USA
Mechoopda Casino to Suspend Operations Effective January 31, 2025
The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.
The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.
Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”
The Tribe is taking steps to support both its employees and community partners during this transition period:
Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.
Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.
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