Archive for July, 2017

Transaction Laundering a Growing Trend in Internet Gambling

Reuters has recently carried out an independent investigation of different transaction laundering websites, and has since released a comprehensive report about its findings. According to the report, transaction laundering has been growing exponentially in the world of online gambling in recent times, and is the process by which websites...

Illinois Online Gambling Efforts Seem to be Over for 2017

This year, Illinois had been one of the states taking center stage regarding the possibility of online gambling legislation being adopted. Optimism over the issue gained momentum in May after the Senate decided to amend and advance a bill seeking to legalize online poker, online casino and daily fantasy...

NJ iGaming Tax Revenues Now Exceeds $100 Million

New Jersey has generated $100 million in tax revenue since online gambling legislation was passed in 2013, sending a clear message that a well organized regulated market can make a significant contribution to a state’s coffers. The landmark point was finally achieved in May after New Jersey’s online gambling...

Saudi Arabia Planning Its Own Version of Las Vegas

Just a few years ago, anyone suggesting that an entertainment resort similar to Las Vegas could be built in the center of Saudi Arabia would have been met with derision. Still, that is exactly what is being planned, with its opening date in the capital city of Riyadh scheduled...

The State of Portugal’s Online Gambling Market

The regulated online poker market in Portugal is one of the youngest in Europe, with new laws surrounding gambling only going into effect last spring. Portugal’s regulated online poker market was subsequently established formally in November of last year after PokerStars was granted the country’s first license by the...

New York iPoker Looks Promising for 2018

NY State Senator John Bonacic has said that he is more optimistic than ever that an online poker bill will eventually be passed in New York, although there is not expected to be any movement on the issue until early 2018. The reason for the setback is because the...