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iGaming Business – Australian gaming companies Tabcorp and Tatts are seeking repayments of more than AUS$1 billion (€651.6 million/US$880.4 million) from the Victorian Government after changes were made to poker machine regulations. According to ABC Australian, the Supreme Court in Melbourne heard that Tabcorp is suing for nearly $700 million plus interest after claiming it as entitled to a payment when its poker machine licences expired in 2012. The Tatts Group is said to be seeking about $500 million from the Government in the Australian state of Victoria. The two companies held a duopoly to operate 27,000 gaming machines outside…

Online poker in California most likely isn’t coming this year, but that won’t stop some of the industry’s leading figures from discussing its future in the Golden State. The inaugural iGaming Legislative Symposium, to be held Feb. 27, 2014 in Sacramento, will “identify the critical issues regarding the legalization of online gaming in California, and explore possible solutions and success scenarios that are applicable to jurisdictions nationwide,” according to a press release. California is the nation’s most populous state. It also has the largest tribal casino industry out of any in the country. The announcement added that the symposium will…

New York Daily News – It was only a pipe dream. Workers cleaning a clogged sewer pipe at an Atlantic City casino may have thought they landed a $2.7 million windfall when they found more than 500 poker tournament chips. But the chips were counterfeit. The Harrah’s Resort and Casino employees unearthed the chips in the room of poker competitor Christian Lusardi, 42, of North Carolina, according to The Press of Atlantic City. Lusardi was taken into custody Friday at an Atlantic City motel, investigators said, accused of stuffing the chips into the pipe. The bad act spurred the cancellation…

Card Player – There are just three states with legalized and operational online poker — Nevada, Delaware and New Jersey. It appears very possible to remain that way when 2014 winds to a close. The aforementioned three have online poker industries in their infancy, which means strong revenues have yet to be realized. It’s unclear how much Nevada or Delaware have seen in online poker revenue, but New Jersey did recently release some figures on its fledgling system. The sentiment among the remaining states in the country with some propensity to authorize gambling seems to be a wait-and-see approach. After…

Poker News – The 6th Expert Group on Gambling meeting is taking place in Brussels, Belgium this month. Established in December 2012, the Expert Group on Gambling brings together officials from 31 countries* with the purpose of “establishing cooperation between member states’ authorities and the Commission on matters relating to gambling services,” as well as “advising and assisting the Commission in the preparation and implementation of policy initiatives relating to gambling service.” While the meetings were taking place, PokerNews reached out to Taivo Põrk, a specialist from the Entrepreneurship and Accounting Policy Department at the Estonian Ministry of Finance, to…

Online-Casinos.com – Online poker in the USA has been transformed in the last few years after going through the legal hoops and rings of fire. Many people think the licensing of online poker in Europe and parts of America has made it a safe and problem free. The reality is far from that although the licensing of internet play for real money has done a great service to the consumer there are still issues in the process that need to be addressed. The most pervasive problem is the poker bot originally just a money printing opportunity created by developers they…

Card Player – One of the men who had spearheaded past efforts for online poker in the state of California has been convicted of perjury and voter fraud. On Tuesday, a jury found California Sen. Roderick D. Wright guilty, the Los Angeles Times reported. He could face more than eight years in prison for the crimes. Has was indicted in September 2010 and has been free on $45,000 bail. The 61-year-old is a Democrat. According to the report, the jury found that Wright lied about his address on documents in 2007 and 2008. Some of the documents were for his…