iGaming Business – The newly-regulated US igaming market is set to generate US$300m in gross win in 2014 and remains a good bet for operators despite its recent tentative start, data specialist H2 Gambling Capital has revealed, adding that much of its growth resides in its untapped potential of its most populated states on the east and west coasts. Publishing the first of a series of exclusive data-led articles for iGaming Business, Joel Keeble, special projects director at H2, said that although the pace of regulation may not be as quick as at first envisaged, individual states will continue the…

Politico – Billionaire casino mogul Sheldon Adelson’s mission to ban Internet gambling just got a major opponent — a coalition backed by MGM International and other Washington powerhouses. The newly minted Coalition for Consumer and Online Protection is going up Wednesday with an initial three-week, $250,000 online and print ad buy to campaign against a federal online gambling ban. The ad buy is focused predominately on the Washington, D.C., market, but also will have presence in Nevada. The coalition has also hired some heavy hitters to help them make their case. Former Rep. Mike Oxley (R-Ohio), who served as Financial…

Vice – BitInstant CEO Charlie Shrem, along with alleged co-conspirator Robert Faiella, was arrested by federal authorities last week for allegedly laundering more than $1 million worth of bitcoins. This is a tiny amount compared to the largest drug-and-terrorism money laundering case ever. Yet when British bank HSBC was found guilty in 2012 of laundering billions, the firm paid a fine of $1.9 billion. Authories made no arrests, and HSBC still turned a $13.5 billion profit that year. Rolling Stone’s Matt Taibbi detailed the crimes HSBC helped fund, including “tens of thousands of murders” and laundering money for Al Qaeda…

Poker News – Poker players found guilty of cheating at online tables might soon risk being sentenced with up to 10 years of imprisonment according amendments being discussed at the House of Lords. As reported by The Telegraph, the amendments have been presented by former sports minister Lord Moynihan, twice Chairman of the British Olympic Association and British coxswain Olympic silver medalist at Moscow games in 1980. Based on the laws passed one year ago by the Australian state of Victoria, which seem to have given a significant contribution in fighting against corruption in sports, the amendments are intended to…

Poker News – Three years after the opening of a legalized online poker market, France’s national regulator ARJEL launched its second awareness campaign against illegal operators. While regulated iGaming markets in Europe are engaged in finding measures to fight against the decline of the industry and open to shared liquidity talks, France has chosen to take a different approach, raising public awareness on the risks of playing on unlicensed websites. “You have only to lose when you play on non-ARJEL regulated websites” is the message the regulator chose to push with a campaign currently hitting French radio stations, national press…

Venture Beat – CashBet has raised $1.7 million in angel funding for a platform that enables developers to build real-money gambling into their social and mobile games. The company aims to run a business that will allow more companies to bridge the game between the multibillion-dollar markets of mobile games and online gambling. The Oakland, Calif.-based company received the money from FWH Holdings and private investors, and it will use it to develop its online gambling platform. CashBet can do this because the Alderney Gambling Control Commission in the British Channel Islands awarded online gambling licenses to CashBet, allowing it to register…