Proposed Standards for Online Gambling Regulations Published by Organization of US Legislators

News January 24, 2015 by Peter Flynn

The National Council of Legislators from Gaming States (NCLGS), a non-bipartisan organization of U.S. state lawmakers who are themselves members of gaming regulation committee in their respective state legislative houses, has published a compilation of gaming policies that the organization proposes as standards for online gambling legislation. The NCLGS asserts that the compiled standards could…

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GoBetGo Sportsbook Shuts Down, Claiming Insolvency as Punter Complaints Mount

News January 24, 2015 by Peter Flynn

Last week, GoBetGo Sportsbook online betting site closed down without giving its site members assurance of settling any unpaid winnings and/or remaining account balances. Rather than do so, the GoBetGo Management merely posted a notification that the dotcom site has closed because their business strategy of offering the best odds at low margins was not…

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Nevada Bookmakers Pushing for Legalization of Betting on Olympic Games

News January 24, 2015 by Peter Flynn

The next summer and winter Olympics is still a year away, but a group of Nevada-based bookmakers is hoping that state regulators will grant their petition for allowing Olympic Games betting. As it is, wagering on Olympic matches is an exception to the sports betting activities allowed in Nevada. According to the Vice President of…

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Caesars’ WSOP and AAPN’s 888Poker to Combine Player Pool in New Jersey

News January 18, 2015 by Peter Flynn

In a move to spur the growth of Internet gambling in New Jersey on its second year, particularly for online poker, NJ regulators have given the go signal for WSOP.com and 888.Poker.com to proceed with their initiative of combining their player pools. After its first year, NJ's online gambling industry realized only around 10 percent…

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PokerStars Cancels Previous and Planned Site Changes

News January 18, 2015 by Peter Flynn

To demonstrate its commitment to putting the interest of the poker community first, PokerStars announced the cancellation of previously introduced and announced changes at PokerStars.com and shared liquidity sites. An exception to the cancellation is the rake increase announced for the "Spin and Go" games that took effect on November 03, 2014, denoting that the…

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Russia Intensifies Punishment Laws on Illegal Gambling Activities Including Online Gambling

News January 8, 2015 by Peter Flynn

Russian Federal Bill 478806-6, which the Russian Parliament State of Duma had deliberated on for several months in 2014, finally became a new law, after Russian President Vladimir Putin signed it last December. The new bill is actually an amendment to the Criminal Code of the Russian Federation, aimed at putting more teeth to Russia's…

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PokerStars Expands Foothold in Asia with Launch of Live Poker Room in the City of Dreams Manila

News January 3, 2015 by Peter Flynn

PokerStars is fast becoming more than just the world's largest online poker room as it has expanded its live gaming operations, by opening a second true-to-life poker room in another Crown-Melco operated City of Dreams, but this time in Manila. Last December 14, 2014, the PokerStars Live Manila poker room opened its doors and held…

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NJ Gov Christie Rejects NBA Commissioner Silver’s Offer, Calling It a “Bait and Switch” Tactic

News December 30, 2014 by Peter Flynn

A few days after NBA Commissioner Silver made a call for NJ Governor Chris Christie to join him in addressing sports betting issues, by directing their attention to Congress and by coming up with a federal framework for Congress to consider, Gov. Christie stated in a televised interview that the NBA Chief is merely executing…

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NBA Commissioner Silver Publicly Asks Gov. Christie to Join Movement for Sports Betting Expansion

News December 26, 2014 by Peter Flynn

In an interview conducted by ESPN's "Outside the Lines," Commissioner Silver told host Andy Kantz that Governor Christie should turn his attention to Congress in Washington D.C. . He added that they should work together to come up with a framework that "makes sense on a national basis," which would presumably allow other U.S. states…

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US Billionaire Activist Investor Icahn Pledges $20 Million to Keep Taj Mahal Operational

News December 23, 2014 by Peter Flynn

Carl Icahn, the American billionaire investor who would take control of the Trump Entertainment's assets once the bankruptcy plans become final, has reconsidered his position regarding the closure of Trump Taj Mahal property on Saturday Dec. 20, 2014. In a letter addressed to the CEO of Trump Entertainment Robert Griffin, Mr. Icahn conveyed his willingness…

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