Amaya & New Jersey officials meet over gaming license

Star Tribune – A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world’s largest Internet poker site operate legally in the state, the state’s top casino regulator said. The state Division of Gaming Enforcement will begin the talks Thursday with Amaya Gaming Group, which is buying PokerStars and Full Tilt Poker for $4.9 billion, division director David Rebuck told The Associated Press. Most importantly, the sale involves PokerStars executives charged with fraud and money laundering resigning from the company. That would appear to clear the way for PokerStars to…

888 Holdings CEO: Let PokerStars enter U.S. market

Las Vegas Review Journal – The chief executive of European online gaming giant 888 Holdings said Wednesday that rival PokerStars should be allowed to operate in the United States now that the company is being sold for $4.9 billion to a Canadian Internet wagering firm. The comments by 888 CEO Brian Mattingley differ dramatically from online industry rivals and various state lawmakers, who have moved to ban PokerStars from entering legal U.S. gaming jurisdictions. PokerStars, which forfeited $731 million to federal prosecutors in 2012 to settle a civil complaint, accepted online wagers from Americans after the activity was ruled illegal…

Gibraltar body to challenge new UK Gambling Act

iGaming Business – The Gibraltar Betting and Gaming Association (GBGA) has written to the UK government and Gambling Commission to declare its intention to challenge the new Gambling (Licensing and Advertising) Act 2014. The organisation, which represents Gibraltar-based online gambling operators, instructed law firm Olswang to contact Secretary for Culture, Media and Sport, Sajid Javid, attorney general Dominic Grieve and the UK Gambling Commission in order to spell out its concerns over the Act. Under the new Act, which was given Royal Assent by the British monarchy last month, all remote gambling operators in the UK market are required to…

Court of Justice of the European Union says different state gambling laws could co-exist

iGaming Business – The Court of Justice of the European Union (CJEU) has decided that EU law does not prevent the co-existence of liberal gambling regulations in Schleswig-Holstein and the so-called ‘Inter State Treaty’ agreed by the 15 other states in Germany. All of Germany’s 16 states, collectively referred to as the ‘ Länder’, with the exception of the northernmost of Schleswig-Holstein, abide by the treaty, which dictates stricter policies on gambling. The case dealt with by the CJEU focused on the question of whether the successful multi-licence regulation for online gambling operators in Schleswig-Holstein can exist side by side…

mobile sports betting

Online Betting App Takes Sports Betting to New Level

Just in time for kickoff at the World Cup 2014, online betting fans who are fed up with the limitations of ordinary sports betting apps can now download the unique new no-cost app “Online Betting” from Bola Webinformation, and take their hobby or profession to a whole new level. Available for both Android and iOS devices, “Online Betting” provides bettors of all experience levels – from those who are new to the practice, to those who have been betting for decades – with a full platform of tools to help them bet their way to success on matches at the…

Bitcoin-only sportsbook targets World Cup

Intergame Online – With the big kick-off in Brazil 2014 just a few days away, the world’s first licensed bitcoin-only sportsbook, BetVIP.com, has gone live. BetVIP takes bets and pays out exclusively in bitcoin and only accepts wagers in regulated markets. “BetVIP is not a PR stunt – it is a long-term business venture,” said founder Daniel Schwartzkopff. “Our gaming licence and strict bet acceptance policy demonstrates our commitment to the longevity of the currency,” he added. “There is a massive opportunity to provide both a secure and reliable platform for bitcoin holders and take on the traditional online sportsbooks.”…