A grandma's lawsuit seeking to claim a $41.8 million bonus, which she asserts was awarded by the Miss Kitty penny slot machine, did not hit pay dirt. Last Friday, all seven members of the Iowa Supreme Court ruled in favor of the casino. The High Court's decision was based on the premise that the slot…
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Last April 16, 2015, PokerStars rolled out an exclusive "StarsCard" payment option in the UK online gambling market. "StarsCard" is a versatile online payment option backed by MasterCard's prepayment facility, and SafeCharge's online payment technology. PokerStars customers can use their "StarsCard" account or "StarsCard" Prepaid MasterCard not only as method of depositing or withdrawing funds…
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Last Thursday, the Pennsylvania House Gaming Oversight Committee led by Committee Chairman Rep. John Payne (R-District 106) held a hearing to determine the legal framework of B649. The bill authored and introduced by House Gaming Committee Chairman Rep. John Payne himself, proposing the legalization of online gambling in the Keystone State. The Committee hearing was…
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Beginning April 17, 2015, major credit card companies American Express, Discover, MasterCard, and Visa will start using new Merchant Category Codes (MCCs) in identifying credit card transactions entered with regulated online gambling websites. Their aim is to establish an entirely new level of clarity, in order to address consternation over the hesitancy of banks to…
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Las Vegas-based NYX Gaming Group, to whom Canada's Amaya Gaming granted the "right-of-first-offer" to purchase its subsidiary Amaya Inc., announced that the acquisition deal is to push through. Amaya Inc. is the business-to-business (B2B) segment of the Amaya Group that manages the Canadian gaming company's Cryptologic and Chartwell Technology subsidiaries. Widely recognized as one of…
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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…
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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…
Read moreLast 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…
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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…
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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…
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