The Illinois Legislature has passed a bill to dramatically expand gambling in the state in a bid to help close a $15 billion budget deficit. But the bill still needs a wary governor's signature.
The US Attorney in Manhattan has filed fraud charges against Full Tilt Poker and two other online companies. The move is roiling the US poker community, and it plays into a larger debate about the legal status of online betting.
Many states are turning to legalized gambling to help fill holes in their budgets. But gambling revenue is not a long-term fix for budget problems.