An Idaho Senatorial Committee has killed an effort by one its own to permanently remove slot machines from Indian casinos in the Land of Famous Potatoes. House State Affairs Chairman Tom Loertscher (R) spearheaded the effort to rob Indians of slot machine revenue in an effort that appeared to be motivated by revenge. Loertscher was…
What will American leader Donald Trump's impact be on the American gambling industry? The jury's still out, but figures in the gambling world aren't taking any chances and are bringing their cases directly to the leader himself. Evidence of this emerging phenomena emerged this weekend in the form of stories of New Jersey politicians making…
Binary options and Forex operators and affiliates have a brand new set of troubles this week as PacNet, one of the industry's top payment processors, is being investigated as the hub of a major criminal enterprise. According to a recent report on FinanceFeeds.com, PacNet and its subsidiary Counting House, are under investigation by the US…
A New York-based anti-gambling group is suing the State in hopes of stopping the daily fantasy sports business in its tracks. According to a lawsuit filed last week by a group called Stop Predatory Gambling, a deal struck recently by lawmakers that allowed the daily fantasy sports industry to continue operating in the state was…
North American-facing binary options affiliates are bracing themselves for a major change in their business after Visa issued a statement saying it would be cracking down on the industry. While Visa says that it will continue processing transactions from binary options sites, but it also made it clear that it would be subjecting those transactions…
Bitcoin is, indeed, a legitimate form of money. That's the word that came down from U.S. District Judge Alison Nathan who sits on a federal court in Manhattan. While word of Bitcoin's legal legitimacy likely comes as good news to fans of the crypto-currency, it's bad news for Anthony Murgio. Murgio is the defendant in…
California's slow march towards regulated online poker continued this week with a proposed 5-year ban on bad actors, such as PokerStars, according to a report in the Los Angeles Times. The amendment was added to AB 2863 earlier this week by the bill's sponsor, Assemblyman Adam Gray (D-Merced). Representative Gray's proposal would prevent any operator…
There's no question that the 2016 US Presidential election is completely bizarre, even by the standards of the worldwide gambling industry. While the election is definitely off the rails, there are a number of big issues on the horizon that could impact operators and punters alike. These issues include the passage of a national online…
The president of the American Gaming Association (AGA) came out in favor of regulated US sports betting in a major way this week, according to an article from the Associated Press. While addressing an AGA gathering in Biloxi, Mississippi, the group's president, Geoff Freeman, unloaded with both barrels on the, "hypocritical," and, "antiquated," behind the…
A Florida man accused of money laundering is a free man today after a Miami judge ruled the Bitcoins used in the alleged transaction aren't actually money. The case is a milestone in Bitcoin litigation and has been closely watched by the Bitcoin community. At issue is whether a Bitcoin dealer named Michell Abner Espinoza…
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