Now that all things have completely changed in online poker industry and much to surprise that department of justice(DOJ) has excluded online poker from UIGEA wire act rule, it is something awesome news I have come across.

If that news is poping up, then it means online poker is legal in United States, it also means online poker transactions can be done.

In the statement, James Cole made a comment, US Deputy Attorney General stated that “The Department’s Office of Legal Counsel (“OLC”) has analyzed the scope of the Wire Act, 18 U.S.c § 1084, and concluded that it is limited only to sports betting.”

These are the words spoken out from DOJ official. It means legalizing online poker could be any time soon in US and we are also seeing some US states coming forward for it.

Matolcsy further confirmed that the government plans to raise the gambling tax on gaming machines from November 1, 2011. The bill has already been placed on to the table.

The arrest warrants were issued against the 11 owners of the online poker rooms. Currently the owners of full tilt and poker stars are settled in Isle of Man and the US FBI is taking the help of foreign government officials and Interpol to track them down.

Once the owners are arrested there could be a fine of more than $3billion, 5 years in prison. Another 20 years imprisonment for illegal wire act and 30 years for money laundering act.

One of the full tilt poker’s representative said in an interview that “we have operated legally in the US and we have not committed any crime by accepting US players, we adhere to rules and regulations while operating in US.

Meanwhile the investigation is still going on and the time will tell about the future of these poker room but the current situation looks very dangerous for them.

The state law makers are reluctant to pass the online poker legislation bill in order to grab the multi-billion dollar market.

Recently, that is on Thursday, the members of the Assembly introduced the gambling legalization bill that allows gambling regulators to frame strict and proper rules for operators and companies.

One of the Reid’s spokesperson , Zac Petkanas, gave a statement that “if the federal government doesn’t act to regulate online poker, then states will try to do so,” .

Ladbrokes management stated that the deal is still under initial stages and the offer has been made to the concern party. But as said the deal is still in preliminary stages and its not certain that the deal will be closed with acquisition.

The news of acquisition will certainly boost the share prices of Ladbrokes PLC .

Now that the gambling bill is passed in the local state senate, now its time for the bill to get cleared in the local assembly and then signed by the Governor. Many of the politicians are very confident that the bill will pass the assembly and signed into law by the governor as the important aspect of bill was to get passed in the senate which is already accomplished.

With this event many online gambling firms are jumping to enter the first US legalized gambling state. And who could be the first most enthusiastic gambling firm its no other then PartyGaming, which is eagerly waiting to step into the American soil after many years of losing huge business since 2006 October.

Two online poker giants, PokerStars and FullTiltPoker have been in the US market ever since they started off without even caring about the new law in US, which bans all forms of online poker games.

Now, the things are looking to get better for online gambling as more US states will follow the New Jersey’s footsteps.

Now, Romania is yet another EU nations whic is trying their best to legalize online gambling but seems to be less fruitful.

Recently, the country, Romanian draft bill that legalize online gambling was the latest to be votted by the EC and unfortunately it has failed. The EC has issued a detailed statement pointing out those provisions of the proposal are not compatible with European Union (EU) law.

The reason stated by the EU commission is that The ban on marketing and advertising activities for EU listed companies that are not authorized in Romania has been termed discriminatory and hence not acceptable.

According to a research document, 3.2 million people joined online gambling, surpassing big social networking sites such as Facebook and Twitter.

PartyPoker, the leading internet gambling company of UK has reported a registration of 8,72,000 players and hope to see more in coming months and Party Casino’s site also saw an extra 1.2 million players.

Middle aged men make up the bulk of the UK online gambling public (46%).

“While the phenomenal growth in gambling sites over the last two yeas have been driven by men and women of all ages, it appears to be powered particularly by middle aged men, the well-educated and high earning households,” said a research reports from a well main source.

In a recent case, North Carolina, one of the US states have passed a bill banning all stakes on computers. Now the gambling bill is just a sign away from implementation.

If Governor, Beverly Perdue signs the bill, Internet and sweepstakes cafes will be forced to shut down by Dec. 1.

Things are certainly not going in favor of online gambling as California state which was looking to legalize gambling, stepped back and planning to re introduce the bill once again and in the state of New Jersey the bill is halted.

UK is the hub of online gambling and betting of 1 billion pounds will certainly break many records and intern see online gambling growing.

But gamblers are seemingly not just backing England, bets are going on a whole variety of teams, matches and outcomes.

“We anticipate one-billion-pounds being gambled industry-wide, and the further England go in the tournament, it’s more likely that this figure will be comfortably surpassed.

Online betting is huge market and will certainly see a whooping amount of punters coming in .