From iGaming Business – Gambling website SatoshiDice has been acquired by an undisclosed buyer for $11.5m (€8.9m) in a deal paid for using virtual currency Bitcoin. According to pulse2.com, the deal is reported to be worth 126,315 Bitcoins. The website offers a blockchain-based betting game where wagers can be placed without access to the website or running client software. Users send Bitcoins to the website and it picks a number before the Ghost Of Satoshi then rolls a number and people that selected a number lower than the one on the dice win. Around 3.9m of the 5.3m bets placed…

From iGaming Business – Las-Vegas based South Point Hotel Casino and Spa is to launch its real-money Nevada online poker room under the in-house Real Gaming brand. According to recentpoker.com, the company has been building up its proprietary online poker software capability for some time after it was handed an online poker license in August of 2012. Such is the development of this software that South Point missed its original target to launch last year. Global Cash Access, provider of integrated casino solutions, is reported to be Real Gaming’s payment processor and will facilitate both cash outs and deposits. In…

From Poker News – It would be difficult to imagine a more tilting hearing for poker players to watch than the one Wednesday in the Senate Subcommittee on Consumer Protection, Product Safety, and Insurance. Internet gambling was compared to pornography, discussed as a hotbed of money laundering by criminal organizations and terrorists, and said to be an avenue for human and drug trafficking. “I think there was some crazy fear mongering at the hearing that really had no basis that we’ve seen,” said Rich Muny, vice president of player relations for the Poker Players Alliance. “I hope that every poker…

With black stilettos, a blond bob and a slash of red lipstick, Milanese accountant Maria Teresa De Gasperi is dressed for a night out in Switzerland. Her visits to Lugano’s casino have grown less frequent as her gambling budget declined. “A lot, lot less,” she said, referring to her spending while sitting on a sofa in the casino’s brightly lit foyer. The Swiss town of Lugano has been home to a casino for the past century and about 80 percent of the gamblers are Italian, according to its management. The town, south of the Alps beside a sparkling blue lake…

From Las Vegas Sun – The case for federal online poker legislation was once about adults’ freedom to spend their money as they like and states’ need for an extra source of revenue. When that fell flat, online poker advocates regrouped and began calling for federal legislation as a way to combat gambling addiction and abuses, especially among children and senior citizens. But Wednesday morning, a panel of experts Sen. Dean Heller gathered before the Senate Commerce Committee’s Subcommittee on Consumer Protection argued that the chief reasons to pass federal internet gambling legislation were a need to stop money laundering…

From iGaming Business – The American Gaming Association (AGA) applauded yesterday’s US Senate hearing on online gambling and renewed its calls for the federal regulatory system it favours to be followed as a regulatory course over the state-by -state model currently taking shape in the American market. The AGA also called for a ban on online casino-style ‘games of chance’ while a federal regulatory set up would make the business model much more attractive for AGA members offering online poker. Geoff Freeman, the newly-appointed president and chief executive of the AGA, said: “Internet poker is a reality that is here…