Latest Fallout from Fantasy Sports Debacle
The dominoes keep tumbling for the Fantasy Sports industry, after a DraftKings employee used “inside information” to win over $300,000 in one week. Investigations have been initiated by the FBI and...
View ArticleFanDuel CEO Warns: Expect More Laws and No IPO
[sg_popup id=”4″][/sg_popup]After spending the last two months promising to make you rich, the chief executive of FanDuel admits his daily fantasy sports site may have gone a bit overboard. “We...
View ArticlePennsylvania Online Gambling Not Quite Dead
The Pennsylvania legislature is back in session, and gambling is back on the table. Even though two hearings that were expected to discuss online gambling expansion were cancelled (the first on October...
View ArticleFBI Joins AGA Effort to Fight Illegal Gambling
The AGA’s initiative to crack down on illegal gambling received a big boost when we announced a new effort with the FBI. We’re pleased to be cooperating with the nation’s top law enforcement and...
View ArticleNevada Attorney General is RAWA Supporter
Political observer Jon Ralston interviewed Nevada’s Attorney General Adam Laxalt, who admitted to supporting Sheldon Adelson’s Restoration of the Wire Act (RAWA), on his TV program Ralston Reports....
View ArticleSheldon Adelson’s Generosity to Nevada Attorney General
The news two days ago that Nevada Attorney General Adam Laxalt would be signing a letter from other AG’s in support of the federal ban regarding online gaming and poker came as a stunner. Not only did...
View ArticleKentucky Judge Hits Amaya with $290 Million Judgment
Breaking reports from Kentucky-based news outlets have revealed that a county-level circuit judge issued a massive $290 million judgment last month against PokerStars and its current parent,...
View ArticleSheldon Adelson Buys Las Vegas Review-Journal
Casino industry legend Sheldon Adelson confirmed Thursday that he is the new owner of the Las Vegas Review-Journal, ending a bizarre week of confusion and speculation as to who had just acquired...
View ArticleThe NFL to Vegas? Adelson Wants to Make it Happen!
Billionaire casino mogul Sheldon Adelson is scheduled to meet Friday with Oakland Raiders owner Mark Davis about a possible move of the football team to Las Vegas. Adelson, the chairman of Las Vegas...
View ArticleStates Watch California and Pennsylvania Online Poker
That annual chatter regarding online poker regulation in various states has already begun for 2016. The problem is that much of the chatter is going on outside of California and Pennsylvania. While any...
View ArticleChris Christie Plots Takeover of Atlantic City
New Jersey Governor Chris Christie has openly voiced his support for a revised plan to rescue the US state’s gambling resort of Atlantic City. Introduced by Christie alongside Senate President Steve...
View ArticleAnother Shot at New York Online Poker
New York will have another crack at online poker. Legislation that would regulate online poker sites in the Empire State was re-introduced this week. The measure was considered last year but didn’t...
View ArticleUS Sports Leagues Wheel & Deal with Sports Betting Firms
After nearly a century of zero-tolerance policies that treated gambling as a mortal threat, U.S. sports leagues are rapidly cutting deals with companies involved in sports betting. To varying degrees,...
View ArticleUS Fantasy Sports Updates Roll In
It’s been a busy week for fantasy sports in America, with several states starting to consider the legality of the activity. Some states are thinking about regulation, while others still believe the...
View ArticlePennsylvania Targets Federal Sports Betting Ban
The Pennsylvania House Gaming Oversight Committee has passed a bill that could lead to the US state lifting a federal ban on sports betting. The Committee approved HR619 by a vote of 23-1, but the bill...
View ArticleCitigroup Blocks New York Fantasy Transactions
Fantasy sports sites FanDuel Inc. and DraftKings Inc., already facing mounting legal and regulatory scrutiny, ran into more trouble when Citigroup Inc. said it was blocking transactions by New York...
View ArticleCalifornia Online Poker Could Benefit Horse Racing
There may yet be hope for ending the long stalemate between California tribes and racetracks on Internet poker. PokerNews.com has received a copy of language Assemblyman Adam Gray has floated to...
View ArticlePokerStars Sets Date for US Return
Amaya Inc. today announced that it expects to initially launch its PokerStars brand in New Jersey on Monday, March 21, 2016. The launch quickly follows the September 2015 authorization by the New...
View ArticleDraftKings Appeals NY Injunction
DraftKings cited horse racing and spelling bees as it appealed the preliminary injunction imposed against daily fantasy sports (DFS) operators in New York. The court that sided with state Attorney...
View ArticleAmaya Appeals Kentucky $870 Million Fine
Canadian gaming giant Amaya has filed a notice of appeal against a Kentucky court order to pay $870 million (€794 million) in damages for subsidiary PokerStars’ allegedly illegal operations in the US...
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