Category: Online Gambling Stories
Adelson finds allies in gambling crusade
The Hill – Legislation to ban online gambling that was written with the help of lobbyists for Republican super-donor Sheldon Adelson will soon be introduced in Congress. Adelson, chairman and CEO of Las Vegas Sands Corp., is on a crusade to stop online gambling, arguing it would be harmful to children and the nation’s moral fabric. He is pushing for a federal law to stop the industry in its tracks. But the bill will face a firestorm of opposition from state lotteries, poker players and major casinos who see a bright future for the gambling industry online. Charlie McIntyre, executive director…
Online poker regulation hailed as victory by casino executives
Las Vegas Review Journal – Early projections of a massive swell of cash from legalized online gaming may have been overly optimistic, but regulation launched a breakthrough in the gambling world, Ultimate Gaming’s top executives told a crowd of about 200 on Thursday at the iGaming North America 2014 conference. In a joint keynote speech at Planet Hollywood, the company’s chairman Tom Breitling and CEO Tobin Prior pushed for extended legislation across the country. While creating new jobs, the sites can be trusted and taxed, they said. “Regulation now means victory,” Prior said. The two highlighted lessons the company learned…
Gambling Website’s Bitcoin-Denominated Stock Draws SEC Inquiry
Bloomberg – The Securities and Exchange Commission is conducting a formal inquiry into an online gambling website’s Bitcoin-denominated stock sale after the agency signaled that such dealings may break U.S. laws. The SEC sent a letter asking MPEx, an online exchange for Bitcoin-based trading, to provide contracts and other documents relating to SatoshiDice.com, according to a copy of the request posted on the website trilema.com. Mircea Popescu, the MPEx operator to whom the letter was addressed, confirmed its receipt in an e-mail to Bloomberg News and said MPEx hasn’t broken any laws. The letter lists SatoshiDice as the topic of…
Betfair and Income Access launch affiliate programme in New Jersey
iGaming Business – Online gambling company Betfair has joined forces with Income Access, a provider of technology and affiliate iGaming management solutions, to launch the Betfair Casino affiliate programme in the US state of New Jersey. The new affiliate programme will complement Betfair Casino’s online slots, poker and table game products that were launched in the state in November 2013. Betfair and Income Access will now work together to help affiliates benefit from these products and supply them with experience on how to best promote and drive traffic in the regulated New Jersey online gaming market. In addition, Betfair said…
Mkodo and OpenBet link up for Danske Spil mobile launch
iGaming Business – Mobile gaming solutions provider Mkodo and online gaming software specialist OpenBet have joined forces to launch a mobile and smartphone sportsbook web application for Danish sports betting company Danske Spil. Launched through OpenBet’s sportsbook platform, the new HTML5 app has been developed for Danske Spil’s Oddset brand and is the first product to launch in the company’s agreed long-term roadmap. The app will allow Danske Spil customers to view all Oddset betting opportunities on their mobile or tablet device and will support the company’s full range of live betting events and markets. “The launch of this sportsbook…
Playing on Belgium’s Blacklisted Poker Sites Might Cost You Three Years in Prison
Poker News – Belgium’s Gambling Commission has doubled the number of inspectors on its staff, which could lead to a hunt for players on non-licensed gambling sites. “The Belgian Gambling Commission (BGC) reportedly announced that it would extend its actions to online players,” said Patrick Van Eecke and Antoon Dierick from international law firm DLA Piper. “It will be interesting to see how far the BGC wishes to go in fining individual players and whether the Public Prosecution office is also willing to make infringements in this area a matter of prosecution priority.” DLA Piper’s words were triggered by some…















