Federal Online Gambling Bill Coming To America?
Back in 2006, Congress led a crackdown on online gambling and by 2011 the U.S. Justice Department had successfully managed to dismantle America’s thriving online poker industry after ousting PokerStars, Full Tilt Poker and Absolute Poker from the US market. By 2011, however, the 2006 UIGEA statute was re-interpreted to permit state-by-state legalized online gambling, […]
France’s Regulator ARJEL Fails To Stem Online Poker Decline
Three years after legalized online poker was launched in France, the country’s gaming regulator ARJEL has seen France’s online poker industry continue its downward trajectory, with last year’s financial report showing a dramatic 13% fall in revenues to €258 million compared to €297 million for 2012. Overall, ring games were down by 18% while tournament […]
Delaware Online Gambling A Test Case For Smaller US States
The state of Nevada launched online poker in spring, 2013, and by November was joined by Delaware and then New Jersey. Unfortunately, while its fellow pioneers have been busily carving out a slice of the online gambling pie for themselves, up until now internet games in the ‘Diamond State’ have generated just a few crumbs […]
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 transactions costs which would otherwise remove […]
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 fast coming to the realization that […]
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 Sands CEO said he is willing […]
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, may be permitted to pay fines […]
