Beginning March 28, 2016, PokerStars will be implementing a host of new pricing policies that are aimed at the online poker world's prodigious shark population. The new policies include a hefty rake increase and are not particularly popular with the professional poker playing community. Some highlights from the new plan, which was announced on PokerStars'…
If you're a New York-based daily fantasy sports player who was thinking that this was going to be your year to win big, we have some very bad news for you. In an announcement made Monday afternoon, the Attorney General of New York said that both Draft Kings and FanDuel have agreed to stop taking…
Full Tilt Poker's US players were once the center of the online poker world with money to burn and unlimited opportunities. Of course that was before the US Department of Justice put the kibosh on the golden age of poker and froze all that cash in a state of suspended animation. When Amaya Gaming purchased…
A Dutch appellate court recently overturned rulings by two lower courts declaring poker is a game of skill. It's a major setback for Dutch poker enthusiasts and potential operators who hoped the previous rulings would be upheld and that the Netherlands was being ushered into a golden age of poker. The game of chance ruling…
Amaya Gaming reported a net loss for Q4 2015 due to a number of divergent factors, but a single lousy quarter is unlikely to stop the steamrolling Canadian operator from its mission to dominate the online gambling market. Amaya CEO David Baazov reported the bad news on a conference call to financial analysts yesterday. While…
It's not an everyday occurrence when an online gambling company asks government regulators for more curbs on advertising, but that's exactly what's happening in the red hot Australian gambling market. In an interview with The Australian (subscription required) late last week, Sportbet CEO Cormac Barry voiced his wish for regulatory curbs on advertising for Aussie…
Regulated online gambling could be coming to one of the world's largest consumer markets if a bill under consideration by Brazilian lawmakers becomes a law. Late last week, members of the Special Committee on National Development (CEDN) spent a fair amount of time tinkering with SB 186/2014, a bill which would radically alter the gaming landscape of…
With the passage of the Fantasy Contests Act, Virginia recently became the first US State to legalize daily fantasy sports. It's a massive leap forward for the beleaguered daily fantasy sports industry, but it might not be such great news for smaller and start-up operators. At its core, the Fantasy Contests Act, which was signed…
The Nevada Gaming Policy Commission came out this week for a public discussion on the fate of Silver State-facing daily fantasy sports sites and the tone of the discussion was not favorable for DFS operators, according to LegalSportsReport.com. In short, Nevada regulators don't seem to be buying into the argument made by DraftKings CEO Jason…
A recent Fanbet advertisement depicting a suicide by hanging was not a big hit with UK advertising watchdogs. Last week, the UK Advertising Standards Authority banned the ad, while delivering a fairly stern rebuke to Fanbet. The controversial advertisement featured three rotating slides, one of which showed a man hanging from a noose. Along with…
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