PokerStars could be pulling out of the lucrative Australian gambling market as soon as this week if a new bill cracking down on grey market operators passes into law. The proposed measure, an amendment to the Interactive Gambling Act of 2011 (IGA), would close loopholes that allowed PokerStars, and other major operators, to operate in…
The Brazilian Senate will be voting on a long-debated gambling bill on December 7. If approved, the bill would open a massive, new regulated gaming market in South America's most populous country. The sweeping legislative package establishes regulations, licensing schemes, and tax structures for both land-based and internet gambling across the massive country. Responsibilities for…
DraftKings and FanDuel, the two biggest names in daily fantasy sports (DFS) have agreed to merge their business operations. If approved, the deal would create a DFS behemoth that controls a full 80 percent of the US market. The deal, which was announced late last week, is a desperate bid for survival by two companies…
The American Gaming Association (AGA), along with five US states, have joined the State of New Jersey's fight to legalize sports betting in the United States. It's just the latest twist in an ongoing legal saga that's taken on new dimension since the shock election of US leader Donald Trump. Along with the AGA, Arizona;…
PokerStars began unveiling new policies for its VIP Club that are set to be implemented in 2107. The massive changes are part of a larger effort to attract more recreational players to the PokerStars ecosystem without alienating their highest rollers. It's a delicate balancing act and, so far, those VIPS aren't very happy with the…
Former Amaya Gaming CEO, David Baazov is offering $3.65 billion to assume control of the company. Baazov's offer comes just days after the company announced its Q3 results which included a hefty boost in revenues. Baazov's bid, according to a recent report on CalvinAyre.com, will be formally submitted some time this week. His offer, which…
The cyber criminals responsible for hacking into the Casino Rama, a tribal casino in Ontario, Canada, have upped the stakes in their game by posting reams of personal data from their big haul. Casino Rama, which is run by the Rama Band, was initially hit by the hackers late last week in a breach that…
A new bill introduced in the Australian Parliament this week is aimed at closing a legal loophole that allowed offshore gambling sites to operate without local licensing. If passed into law, the Interactive Gambling Amendment bill 2016 would mean the end of click-to-call in-play wagering for Aussie punters. The legislation was introduced by communications minister,…
It's the shock heard round the world as the igaming industry instantly reacted Donald Trump's stunning victory in the US Presidential election. Shortly after the final results were tallied, Bitcoin prices surged to the highest rates in months; and operators are feeling the burn as they hand out cash to pro-Trump punters. Bitcoin Spikes Political…
Move over Nevada, there's a new gambling tax revenue king in the United States of America, Pennsylvania. The Keystone state is now besting the Battle State by more than $500 million in revenue, according to a recent report from the American Gaming Association (AGA). Pennsylvania's popular casinos brought in more then $1.38 billion in tax…
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