The island nation of Antigua has set a year-end deadline for the US government to pay up money it owes them as part of settlement brokered by the World Trade Organization (WTO) to end a long-running dispute over online gambling sites. If the US doesn't pony up more than $200 million in cash, the Antiguans…
At least 60 people were arrested earlier this week when Philippine law enforcement agencies busted an illicit, Chinese-run online gambling operation. The dramatic raid is just the latest salvo in President Rodrigo Duterte's ongoing war on the online gambling industry. Representatives of the National Capital Region Police Office (NCRPO) charged through the doors at the…
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…
UK gaming regulators are getting ready to impose a daytime ban on all gambling advertising. The proposed ban is part of a larger effort to crack down on the rapid rise of problem gambling across the United Kingdom. News of the advertising prohibition is being reported in Friday's edition of The Sun, though details, and…
Nevada Gaming Commissioner Michonne Ascuaga resigned her position this week after coming under investigation by the Feds for running afoul of anti-money laundering regulations. The investigation focuses on Ascuaga's 16-year tenure as the CEO of the Sparks Nugget in Reno. It's worth noting that the casino, not Ascuaga, were named in the investigation by the…
The State of Nebraska has weighed in on whether it thinks online poker is a game of skill or a game of chance and their decision is not good news for rounders. Last week, the Nebraska State Legislature voted down a bill that would have legalized online poker by redefining poker as a game of…
The daily fantasy sports (DFS) industry is fighting back against the Illinois Attorney General and her claim that their games are tantamount to gambling. Earlier this week, DraftKings filed suit against Illinois Attorney General Lisa Madigan looking to lift the DFS ban she imposed a few weeks back. The suit also asks that the state…
The state lottery system in the United States is generally regarded as a well run, and thoroughly regulated, arm of the legal gambling industry. In fact, most industry observers credit lotteries with opening up regulated gaming markets throughout the United States where gambling is now legal in 48 states. But a recent scandal involving a…
Online gambling supporters shredded their critics yesterday in a Congressional hearing that was designed to smear the entire industry. The hearing titled, A Casino in Every Smartphone – Law Enforcement Implications, was held by the House of Representatives Committee on Oversight and Government Reform in an effort to boost support for the Restoration of America's…
US lawmakers have scheduled a hearing for December 9 to discuss the future of the anti-online gambling bill known as the Restoration of America's Wire Act (RAWA). If passed into law, RAWA would overturn the Department of Justice's 2012 ruling that overturned the old US Wire Act and, essentially, put the power to legalize online…
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