Rational Group is considering adding a Full Tilt Casino to the brand’s offerings. The owners of both PokerStars and Full Tilt Poker intend to expand into other online gambling options beyond just poker. The firm announced last summer that Full Tilt Poker would be remade into a fully operational online casino with slots, blackjack, and roulette in addition to the online poker rooms. But Rational Group says the remake will not stop there, with plans to open a licensed sports book under the Full Tilt brand.  If the sports book is added to the domain, Full Tilt will become the…

Forbes – Last week, I detailed my fantasy of fleeing public accounting for life as an illegal bookmaker. I was, of course, indulging in nothing more than a bit of playful escapism, meant to dull the pain of another long busy season. But after reviewing the Tax Court’s decision in Kaplan v. Commissioner, T.C. Memo 2014-43, I think I’m ready to give my two-weeks notice. Like, today. Because while Kaplan may not enlighten with regards to the tax law, it does reveal just how much bookmakers earn. And it’s a lot. As in a $24 million tax bill, which translates…

Huffington Post – Sports betting is booming. Reuters estimates one trillion dollars is bet annually on sports worldwide. Yes, trillion with a T! It’s estimated that half of adult Americans bet something on this year’s Super Bowl. Betting on sports has been big business for a long time, but what’s different recently is the modern media’s acceptance of this reality. Lotteries, poker rooms, and casinos are everywhere these days — resulting in a general waning of the taboo associated with gambling. So it makes sense that the ever expanding national sports networks (television and radio) have embraced the Vegas perspective…

OnlineCasino.org – Gambling remains a contentious issue in certain parts of the world.  Casinos, poker rooms, lotteries, and slot entertainment facilities are popular across Canada, the US, and other liberal gambling markets.  But sportsbetting is another issue altogether, with many markets still reluctant to discuss legalization of the pastime. Sportsbetting is limited in the US to four primary markets, with Nevada sportsbooks by far the most popular destination to bet on professional matches.  In Canada, players can bet on three sports events at a time, but are legally prohibited from betting on single game matches under current sportsbetting laws. But…

iGaming Business – Intralot Italia, the Italian subsidiary of Greek-owned gaming and lottery operator Intralot, has expanded its interactive gaming portfolio with the launch of its new mobile and tablet betting proposition SportsMobile. The operator said that the new product would allow players to access pre-match and live sports betting via their mobile device. SportsMobile utilises HTML5 technological innovations by Intralot Interactive and is fully integrated with the firm’s interactive gaming platform, thus ensuring cross-channel compatibility accord to the group’s ‘Universal Gaming Experience’ framework. “SportsMobile, one of our group’s series of innovative mobile-first products capitalises on our extensive sports betting…

SBR – Bitcoin sportsbook Bitbook.biz has announced that it is closing. SBR last reported on February 27 that Bitbook.biz was suffering from continued DDoS attacks. Bitbook.biz released a statement on their webpage today informing users of the closure and that bets are no longer being accepted. Bitbook claims it will be paying all users. Bitbook.biz lists a 48-hour time-frame for these final payouts. SBR advises players to request their balances ASAP. Bitbook.biz website statement: “Important Announcement We have decided to shut down BitBook.biz. Although BitBook is shutting down, we are not running off with user funds. We ask that users…