Still Many Online Gambling Payment Options In Canada

Online-Casinos.com – 2013 was an interesting year for the global online gambling industry what with the reintroduction of internet wagering in Delaware, internet poker in Nevada and the challenge the State of New Jersey has made federally to offer sports betting over the net. While internet wagering has been around and regulated in the U.K. for some time the rest of Europe is slowly coming to grips with the number of monopolies some members of the Union still employ. A lot of attention has been focused on mobile gambling and the payment processing involved. One big news item that seemed…

Colorado Man arrested and accused of running online gambling website

Denver Post – A 62-year-old Boulder County man accused of running an online gambling website for at least three years has been arrested. The Daily Camera reports Larry Kyle Richardson was arrested Friday after a grand jury indicted him on one charge of violating the Colorado Organized Crime Control Act. He is suspected of running an online gambling website from Jan. 1, 2010, through Jan. 8, 2013, “in, or triable in, Boulder County.” District Attorney Stan Garnett says that while he can’t talk about the case, for it to be “triable” in Boulder County it must have some connection to…

Pennsylvania, West Virginia in line for Internet gambling

Trib Live – Pennsylvania, West Virginia and nine other states might approve online gambling this year or next, says the founder of a major Internet gambling consulting company. “There’s intense competition in that part of the country,” says Fred Gushin, managing director and founder of Spectrum Gaming Group, a New Jersey company that analyzes trends for casino-related clients and government agencies around the world. New Jersey, Delaware and Nevada launched online gambling last year. “It’s something that will be considered not only by Pennsylvania but by all the other states that have gaming because they ultimately can’t afford not to,”…

Mobile and tablet revenues drive Netplay TV

iGaming Business – UK-based interactive gaming company Netplay TV has cited continued growth in mobile and tablet revenues during the three months to December 31 as a key factor behind its ‘strong’ end to 2013. According to the firm, mobile and tablet net revenue grew 121% year-on-year during the most recent quarter. Mobile and tablet revenue now accounts for 30% of total net revenue, up from 18% in the fourth quarter of 2012. The news comes after the firm said mobile and tablet results also boosted the firm’s third quarter revenue, as reported by iGaming Business. Netplay TV also recorded…

U.K. Government Online Gambling Review in the Cards

Online-Casinos.com – The United Kingdom was one of the first jurisdictions to regulate online gambling and it has been a roaring success for the most part. Now though there has been a great deal of debate in the parliament about the changes gambling has undergone over the past few years. Much of the controversy has been focused on the introduction and proliferation of fixed odds betting terminals and their potentially damaging impact on economically struggling communities. Online and on land betting service providers have been ramping up their efforts to get more people punting. The push for online betting has…

First Bitcoin insurance service launches in UK

iGaming Business – Elliptic Vault, a facility that claims to be the “first in the world” to offer insurance to owners of the Bitcoin virtual currency, has been launched in the UK. According to the BBC, the Bitcoin storage service insures deposits of the digital currency against theft and loss. The service uses a ‘deep cold storage’ in which private encrypted keys to Bitcoins are stored on offline servers in a secure location. Multiple copies of the Bitcoin keys are protected by layers of cryptographic and physical security, with such copies only accessible via a quorum of the company’s directors. Online…