From Gambling 911 David Baines of the Vancouver Sun reports that a backpack filled with $1.3 million cash intercepted by the RCMP enroute to Vancouver in February 2012 belonged to a Hells Angels linked Internet gambling operative. The monies were later returned to Erwin Speckert, though the RCMP continued to investigate him.  Speckert was later implicated in an alleged stock scheme by the B.C. Securities Commission. Baines writes: In February this year, they charged him with possessing the proceeds of crime, trafficking in the proceeds of crime, possession for the purpose of trafficking in proceeds of crime, and laundering the…

From Courier Post Casinos will win with new gambling revenue. New Jersey will win with new tax revenue. Consumers will win with a new entertainment option that they can play from the comfort of a coffee shop or their own sofa. Everybody, it seems, is guaranteed to win. Except Atlantic City itself. New Jersey is rolling out legalized Internet gambling, betting that it will help casinos fend off fierce competition from neighboring states, bolster the state’s tax revenue and be a powerful economic engine once again. It is a chance, casinos say, for New Jersey to remain on the cutting…

From Legal Poker Sites A bill that expands gambling in the United States requires the support of groups that will operate the proposed system.  The bill sponsored by Representative Peter King (R-NY) that would regulate online gambling in the United States will be missing this key element.  Tribal gaming interests are certain to oppose this bill across the board for a number of reasons. The Indian Gaming Regulatory Act (IGRA) was enacted by the federal government in 1988.  It settled the long standing issue of reservation casinos.  It gave states the right to enter into gaming compacts with tribes.  Reservations…

From Online Casino Archives Those in-charge of America’s policies on online gambling should learn some lessons from the handling of allegations of rigged software at two popular European gambling sites. A recent case in Europe demonstrated how online casinos and regulators can work together. A five month investigation was carried out by the Gibraltar Regulatory Authority which it claims demonstrated a high level of openness necessary between regulators and casino operators. According to one gambling mathematician who questioned the fairness of two games, the probe opens the door to future abuses. The case involved games called ReelDeal and HiLo where…

Tottenham winger Andros Townsend has received a four-month ban by the Football Association (FA) for match betting on football games. Townsend is not accused of wagering on matches he was a part of, but nevertheless found himself in hot water and fined £18K for breaching the FA’s player betting regulations. Three months of the ban have been suspended until July 1st, 2016 and will be enforced if the footballer gets into any more trouble during that time-frame. An independent regulatory commission imposed the sanctions. The promising 21 year old talent is expected to be available again for the start of…

The United States has been struggling with the legalization of online gambling and now as Tribal communities voice their rights to the gambling market the issue become even more complicated. California looks like it’s shaping up to be the battle ground for the right to offer online gambling. Chief William Bills of the Winnemucca Indian Colony of Nevada has stepped up to the plate to voice his opinion on the situation in California. The Chief is asking all the Tribes of California to strengthen their Sovereignty and voice their objection to the online gambling bill as it is proposed by…