Online Casino News Roundup: September, 2013
September was an extremely busy month in the iGaming world as operators gear up to launch their real money poker sites and other products. Industry watchers also reported an unusual rumor involving Google and an incredible run of luck at a Bitcoin casino.
Here are the September igaming headlines you need to know.
Churchill Downs Expands Online Operations – Churchill Downs is sinking big bucks into software upgrades and new employees as it gears up for the potential of expanded regulated online gambling in the US.
Will Google Buy bwin.party? – The gaming industry rumor mill exploded with stories that Google could be purchasing the struggling bwin.party. This story is every bit as interesting, as it is unconfirmed.
Archie Karas Charged with Cheating – Veteran gambler Archie Karas was arrested in California and charged with cheating at blackjack. Karas is a legendary figure in the gambling world who once turned a $50 stake into $40 million (and then turned the $40m back into $0).
Full Tilt Poker Freezes Out Affiliates – Affiliates and former employees of Full Tilt Poker might be excluded from the payout fund that’s being administered by the Garden City Group. Word of the freeze out came from leaked e-mails and has yet to be confirmed.
New Jersey Needs Online Gambling…Right Now – Did you need to see the August revenue report to know that Atlantic City casinos are in trouble? In case you did, you might want to know that August revenues were down 5% over the previous year.
New Jersey Online Gambling Launch Set for November – Just in time to save those same AC casinos, New Jersey gaming officials pegged November 23 as the launch date for regulated online casino gaming in the Garden State.
Caesars Launches Nevada Online Poker – Caesars Interactive launched WSOP.com, becoming the second live, regulated online poker site in the Silver State.
$1.3 Million Bitcoin Casino Win – An anonymous gambler going by the handle, “Nakowa,” took the Bitcoin-based Just-Dice online casino for a whopping $1.3 million. His epic run on the site took up most of the weekend and left Just-Dice with some serious liquidity issues.
Penalty, No Jail, in Legends Case – A 44-year-old New York man named Craig Hayner will be paying $250,000 in fines for his role in the Legends online sportsbook case. Thirty four people were arrested when the site was busted last year, Hayner is the fourth one to strike a deal with authorities that didn’t involve jail time.
888 Signs Wynn Deal – 888 Holdings is aggressively courting the US market and just signed a deal to work with Wynn Resorts in Nevada. This comes in addition to their deal with Caesars Interactive. 888 casino affiliates; take note. This will be big for you.
Does Nevada Need Interstate Action Right Now? – Silver State politicians and operators are already wringing their hands over the state of regulated online poker there. Most industry watchers agree that interstate gambling compacts are a given. The bigger question is, “Who will Nevada partner up with, and when?”