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CG Technology Settles Illegal Gambling Investigation for $22 Million

CG Technology is settling up two different Federal investigations by paying fines totaling $22 million. The fines date back to the days when it was known as Cantor Gaming. ... Read more

Visa Cracks Down on Binary Options Processing

Visa is letting the binary options world know that it's getting ready for a major crackdown on how it processes funds from the industry. The company says the move was designed to reduced fraud. ... Read more

Former NBA Commissioner Tells G2E: Sports Betting isn't So Bad After All

Former NBA Commissioner David Stern told the gathered masses at the Global Gaming Expo that sports betting isn't really so bad after all. He's just the latest big name to come out against the US sports betting ban. ... Read more

PartyPoker Becomes Latest Operator to Ban Seating Scripts

PartyPoker is the latest online poker operator to ban the use of scripts and players histories in a effort to draw in new players. ... Read more

Casino License 'Warehousing' May Be a Thing of the Past in New Jersey

A bill preventing casinos from declaring bankruptcy and re-emerging with their casino licenses in tact is gaining steam in New Jersey. The new law is aimed squarely at the owners of the Trump Taj Mahal. ... Read more

Pennyslvania Poker Rooms Rake in $4.9 Million in August

Pennsylvania poker rooms raked in a whopping $4.9 million in revenue for August '16 and that's enough to put a big scare into Atlantic City. It's also a good example of the changing dynamics of the US land-based casino market. ... Read more

Illinois Judge Says: 'Game of War Losses Do Not Count as Gambling Losses'

An Illinois judge has ruled that in-game gambling apps on Game of War do not qualify as gambling losses for players. According to the judge, there are no winners in this particular game. ... Read more

Canada Says 'No' to Regulated Sports Betting

Canadian lawmakers have voted down a bill that would have legalized single game sports betting in the country. Some say the vote is a victory for organized crime. ... Read more

Judge Rules That Bitcoin is Real Money for Legal Purposes

A federal judge in the United States has ruled that Bitcoin is a form of real money. That's bad news for Anthony Murgio, the defendant in a case involving Bitcoin and financial fraud. ... Read more

UK YouTube Personality Charged with Promoting Gambling to Minors

Two popular UK YouTube personalities have been charged with promoting gambling to minors through videos promoting e-sports wagering. The pair are believed to be the first e-sports figures to be hit with these charges. ... Read more
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