Archive for 2014

Online Gambling Becoming Next Big Frontier In The Bitcoin World

Online Gambling Becoming Next Big Frontier In The Bitcoin World

According to research firm H2 Gambling Capital, the global online gambling market was worth an estimated $30 billion in 2012 and will grow to reach $40 billion by 2015. However, the online gambling industry also relies heavily on being able to process fast, irreversible payments, whilst also reducing the...
January 31st, 2014 By Charles Washington
Unregulated US Online Poker Market Continues To Thrive

Unregulated US Online Poker Market Continues To Thrive

In the US, just three of the country’s fifty states currently offer online gambling, namely Nevada, Delaware and New Jersey, while the remaining states are taking note before deciding on whether to join the bandwagon in the near future. Meanwhile, it would seem lawmakers from the various states are...
January 29th, 2014 By Lucy Brown
Sheldon Adelson Pushes His Internet Gambling Control Act

Sheldon Adelson Pushes His Internet Gambling Control Act

Despite being a millionaire casino mogul, Sheldon Adelson is one of the most ardent opponents of online gambling in the United States and has been fervently crusading to have it banned since the UIGEA was re-interpreted in 2011 to allow for state-by-state lawful online gambling. Consequently, the Las Vegas...
January 27th, 2014 By Adam Brown
PokerStars May Get DoJ Green Light To Enter US Market

PokerStars May Get DoJ Green Light To Enter US Market

According to a report on CalvinAyre.com, the US Department of Justice may be on the verge of amending its policy related to pending Black Friday charges against individuals whose companies previously operated in the US. If confirmed, defendants with outstanding charges against them, such as PokerStars founder Isai Scheinberg,...
January 24th, 2014 By Stephen Smith
New Jersey May Allow Overseas Online Gambling

New Jersey May Allow Overseas Online Gambling

Having been instrumental in introducing online gambling to New Jersey, State Senator Ray Lesniak is now seeking to increase the scope of those games by re-introducing a bill that would allow licensed online gambling operators to offer their products to people located outside of New Jersey, or even the...
January 22nd, 2014 By Lucy Brown
California Regulated Online Poker By 2015?

California Regulated Online Poker By 2015?

California is the most populous state in the US with around 38 million residents, and as such has the potential to become the biggest player in America’s newly regulated online poker environment. California online poker worth $384m within 10 years  Thus far, just Nevada, Delaware, and New Jersey have...
January 20th, 2014 By Stephen Smith
Pennsylvania Considers Allowing Legalized Online Gambling

Pennsylvania Considers Allowing Legalized Online Gambling

According to online gambling consulting company, Spectrum Gaming Group, Pennsylvania, West Virginia and another nine US states might approve Internet gambling either this year or in 2015. As Spectrum Gaming Group founder Fred Gushin, explains: “There’s intense competition in that part of the country. It’s something that will be...
January 18th, 2014 By Shane Larson
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