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Bitcoin Prices Drop 20 Percent in Overnight Trading

Bitcoin prices plunged more than 20 percent on Thursday. The dive was triggered by the increasing stability of the Chinese Yuan. ... Read more
 

US Lottery Players File Lawsuit Over Rigged Drawings

Lottery players from five US States are looking for refunds after a lottery official rigged a series of drawings back over a six-year period. Lawyers for the players say lottery officials should have done more to prevent the scandal. ... Read more
 

Icahn Surrenders Casino License and Slips Poison Pill in Taj Mahal Deed

Billionaire Carl Icahn is surrendering his NJ casino license and is intent on grabbing a little revenge on his way out the door. Icahn is making sure that his building won't be a casino again unless he gets paid. ... Read more
 

Israel Pulls Plug on State-Sponsored Slot Machines

Israeli officials have shut down the country's state-sponsored slot machines after a licensing dispute they just couldn't solve. The move is a big win for Israeli anti-gambling forces. ... Read more
 

Daily Fantasy Sports Outfit Tells Federal Judge, 'We're Not Legal'

A daily fantasy sports company told a judge that its contracts with the Minnesota Wild are null and void because DFS is actually illegal. It's a novel defense that might actually work. ... Read more
 

Poker Sports League to Launch in India

An entrepreneur is launching the Poker Sports League (PSL), a 12-team franchised poker league that competes for big prize money. If successful, the PSL could supercharge the Indian gambling market. ... Read more
 

Russian Sports Betting Sites Race Towards Year-End Launch

Three Russian bookmakers are racing towards year end launches for their products. It's a major step forward for regulated Russian sports betting. ... Read more
 

Duterte Calls for Shutting Down 'All Online Gambling'

Philippines President Duterte called for the closure of his country's entire online gambling industry. It's a move that could cost the country hundreds of millions in lost tax revenue. ... Read more
 

California Indian Tribe Loses Online Gambling Fight

A federal judge has ordered a California Indian tribe to shut down its online gambling operation, saying it violates state and federal laws. It's just the latest roadblock in front of California online gambling. ... Read more
 

Judge Sides with Borgata in Phil Ivey Edge Sorting Case

A New Jersey Judge has ordered Phil Ivey to pay back the Borgata casino the $10.1 million he won on an epic baccarat run. Ivey will not, however, be required to pay back damages on top of his winnings. ... Read more
 
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