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OPAY’s Neteller Now Accepting Bitcoin for Online Gambling Transactions

News April 13, 2015 by Peter Flynn

Following the announcement of its bid to takeover payment processing rival Skrill, Optimal Payments (OPAY), the leading global provider of payment processing services, has added the bitcoin cryptocurrency to its broad list of available payment options. Through an agreement struck with bitcoin provider and payment processor BitPay Inc., OPAY's e-wallet and online global payment processing…

Disney’s ESPN, Ventures into Fantasy Sports Betting Business via DraftKings

News April 13, 2015 by Peter Flynn

The Wall Street Journal (WSJ) reported last April 03, 2015 that the Walt Disney Company through its multi-media sports entertainment subsidiary ESPN, intends to invest $250 million on Boston-based fantasy sports betting company DraftKings Incorporated. WSJ further disclosed that a major provision of the investment deal is for DraftKings to spend roughly $500 million of…

Anti-RAWA Advocate Seeks Pres. Obama’s Support via the White House “We the People” Platform

News April 8, 2015 by Peter Flynn

Last April 02, 2015, Rich Muny, the Vice President of Player Relations at Poker Player Alliance (PPA) submitted a petition seeking the support of President Obama in the fight against the proposed Restoration of America's Wire Act (RAWA). Mr. Muny put forward the petition, not as a representative of the PPA but as a private…

First U.S. Regulated Multi-State Poker Network Available in Nevada and Delaware

News March 30, 2015 by Peter Flynn

Last week, 888 Holdings launched the first U.S. Multi-State Poker Network (MSPN) in the online gambling states of Nevada and Delaware. The launch brings fruition to the first interstate gaming compact signed last February 2015 by Governors Brian Sandoval (Nevada) and Jack Markell (Delaware). As the company in-charge of operating the shared poker platform, 888…

RAWA Gets a Hearing but Supporters’ Testimonies Failed to Impress Committee Members

News March 30, 2015 by Peter Flynn

The Restore America's Wire Act (RAWA), which aims to force a federal prohibition against all forms of Internet gambling, received a hearing last Wednesday from the House Judiciary Subcommittee on Crime, Terrorism, Homeland Security, and Investigations. Contrary to what RAWA supporters had hoped to elicit, the hearing saw lawmakers belonging to both parties, raise concerns…

Mr. Green Online Casino Gets Nod of Italian Gaming Regulator

News March 26, 2015 by Peter Flynn

Scandinavian gaming company Mr. Green & Co. has announced that initiatives to launch online gambling operations in Italy through its newly acquired subsidiary MyBet Italia, will push through as planned. The notification came around last Monday (March 23, 2015) after the Amministrazione Autonoma dei Monopoli di Stato (AAMS) granted approval to Mr. Green Limited's petition…

Canada’s Amaya Announces Growth Strategies for PokerStars Business in Asian Markets

News March 20, 2015 by Peter Flynn

Amaya Inc.'s press release last Wednesday indicates the Asian market as the current focus of the company's growth strategies for 2015. After all, many of those operating in the online poker industry believes that Asian countries such as Japan and China are fast emerging as potential target growth, since Western-style poker is still a novel…

High 5 Games in Legal Squabble with IGT over Content Deal Violations

News March 20, 2015 by Peter Flynn

Last week, New York-based games developer High 5 Games (H5G) filed a lawsuit against Nevada-based International Game Technology (IGT) as a means to claim money owed by IGT for its unauthorized use of several H5G games. Apparently, the legal action taken by H5G is an escalation of a previous content distribution squabble, over IGT's alleged…

IRS Proposed Reduction of Threshold for Tax Reporting Purposes to Hurt Casinos, Says AGA

News March 16, 2015 by Peter Flynn

The U.S. Internal Revenue Service (IRS) has recently published proposed changes to the tax information reporting policies observed by casinos. The changes include the reduction of reporting threshold for gross casino winnings down to $600 or more, to replace the previous $1,200 or more, for slot and bingo payouts and $1,500 winnings from keno games.…

NYX Gaming Enhances Poker Products in Italy with Addition of Instant Rewards Tool

News March 12, 2015 by Peter Flynn

NYX Gaming, the iGaming company that acquired the Ongame Poker Network from the Amaya Group last year, will be adding the Ongame Instant Rewards feature to NYX’s Italy-facing online poker products. Designed and built by former Ongame Poker owner Amaya as an achievement engine, it is a tool used by operators to boost player activity.…

Category: News

News April 13, 2015 by Peter Flynn

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