From Card Player Wired reported Tuesday that federal prosecutors in Nevada will no longer pursue hacking charges against two men who, in 2009, allegedly found a bug in International Game Technology’s “Game King” video poker device and used the glitch to win a six-figure sum. The case now focuses on a single charge of conspiracy to commit wire fraud for both. There was a long battle over whether the Computer Fraud and Abuse Act could apply to the case. “The United States of America, by and through the undersigned attorneys, hereby moves this Court to dismiss Counts 2 and 3…

From ABC News With legal gambling now moving beyond the casinos and onto the Internet, the industry is bracing for the most far-reaching changes in its history. A Las Vegas firm, Ultimate Gaming, on Tuesday became the first in the U.S. to offer online poker, restricting it, for now, to players in Nevada. New Jersey and Delaware also have legalized gambling over the Internet and expect to begin offering such bets by the end of this year. And many inside and outside the industry say the recent position taken by the federal government that states are free to offer Internet…

The British parent company of the PokerStars website says it still wants to buy an Atlantic City casino, even though a deal to obtain it fell through on Wednesday. The Rational Group said Thursday night it wants to try to save its deal to purchase The Atlantic Club Casino Hotel. The casino said Wednesday the purchase deal was dead, but declined to say why. Eric Hollreiser, a spokesman for the Isle Of Man-based company, said it had expected the closing deadline for the sale to be extended. “Several days ago the Rational Group received a purported notice of termination of…

From iGaming Business After reporting record fourth-quarter financial results in February, Malta-based online gambling operator Unibet Group has now announced that the first three months of 2013 saw it increase gross winning revenues by 16 percent year-on-year to £59.3 million. Unibet revealed that its interim financial results for the first quarter of 2013 also show that it boosted its earnings before interest, tax, depreciation and amortisation by 11.7 percent year-on-year to £17.1 million while its operational profit rose some 7.7 percent when compared with the same period in 2012 to reach £12.5 million. Continuing the good news, Unibet stated that…

From USA Today SAN FRANCISCO — Zynga CEO Mark Pincus may have an ace up his sleeve after all to save the troubled social games company he founded. UltimatePoker.com on Tuesday delivered Nevada residents a first taste of real-money Internet gambling, a move that could soon be dealt up by Zynga — not to mention others in high-tech, such as payment-processors like PayPal. “It’s a significant opportunity for Zynga,” IDC analyst Lewis Ward says of the company’s online gambling prospects. Billions of dollars could be in the offing after Ultimate Gaming, a Las Vegas-based casino operation, launches the first fully…

From Fox Business News Greece’s government Wednesday accepted a 652 million euro ($860.3 million) bid for the state gambling company OPAP SA (GRKZF, OPAP.AT), marking the first significant asset sale in the country’s long-delayed privatization program. In a statement, Greece’s privatization agency said that a Czech-led private equity consortium, Emma Delta, had won the bid for the acquisition of a 33% stake of OPAP, after improving its earlier bid by EUR30 million to meet the government’s minimum target price. Greece will also retain 2012 dividends from the company, equal to EUR60 million, bringing the total bid up to EUR712 million,…