From Pokerati A news report from The Register this past Monday suggested that Canadian anti-money laundering and financial crimes regulations and disclosures will not apply to bitcoin exchanges in Canada. This was based on letters apparently received by some exchanges from the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC). I have not seen the letters, but today I confirmed this position with a spokesperson for the FinTRAC. This posture presents an exciting opportunity for bitcoin exchanges that the Financial Crimes Enforcement Network (FinCEN) recently confirmed are subject to registration, monitoring, and reporting as money services businesses and money transmitters in…

From Card Player Caesars Entertainment Corp. and another firm are developing a zip line-like ride between the two towers of the Rio Hotel and Casino, according to the Las Vegas Review-Journal. The project is not expected to be done in time for the summer World Series of Poker, however. The project is being called the “Voodoo Skyline” and it will send guests flying 400 feet above the ground between the two sections of the massive casino. “It’s going to be different than a typical zip line,” one of the developers said. “This type of system is viewed as much safer…

From Wall Street Journal Online casino gambling has become a potentially big player in the U.S., with three states passing—and others considering—laws allowing some form of it. The only problem: how should regulators deal with firms that have come under scrutiny or operate in so-called gray markets? 888 Holdings Based in Gibraltar but owned in large part by its Israeli founders, 888 has big ambitions in the U.S. with partnership deals already with casino companies and a slot machines maker. With backing from investment firm Avenue Capital Group, it plans to spend more than $100 million to market its own…

The folks who write the checks that help keep Atlantic City’s casinos afloat say internet gambling can help revive the market’s flagging fortunes. Speaking at The East Coast Gaming Congress Wednesday, a panel of Wall Street analysts said the investment community views Internet gambling as a way to finally end the city’s seven-year losing streak. The state plans to offer online bets by the end of the year. “I’m probably one of the more bullish people on this,” said David Berman, senior managing director of Macquarie Capital. “It’s a big boon for Atlantic City and New Jersey.” Internet gambling will…

From iGaming Business Following the publication of draft gaming legislation by the Dutch Ministries of Justice and Finance yesterday, organisers of next month’s Gaming in Holland Conference have announced details of an expanded programme of events. Hosted in association with the iGaming Supershow in Amsterdam, the two-day event will feature a host of top speakers shaing their insight into the Dutch market. The Confernece will now start at 3pm on Monday June 10 with Legal and Tax experts dominating the discussion. The line up of speakers will include Drs Benjamin Jansen, Justin Franssen, Frans Duynstee, Pedro Fernandez, Simon Holliday and…

From Gambling 911 (Reuters) Ladbrokes said as many as 100 employees at its headquarters in Harrow could lose their jobs as Britain’s second-largest bookmaker transfers a number of roles to its operation in Israel, set up as part of its agreement with gaming software developer Playtech. In March, Playtech and Ladbrokes, which has struggled to keep up with the online offering of UK market leader William Hill, finalised an agreement for the former to advise and assist the bookmaker with its digital services for an initial period of five years. Ladbrokes Israel began operations at the start of the month…