The long running battle to legalize New Jersey sports betting moved into the U.S. Court of Appeals for a rare en blanc panel in front of 12 judges. For the state of New Jersey, the hearing presented a last ditch effort to convince the judges that the Professional and Amateur Sports Protection Act of 1992,…
If you've been wondering what daily fantasy sports sites like DraftKings and Fan Duel have been doing with all that money they used to spend on advertising, your wait is over. It turns out that a big chunk of that money is going to high-powered Washington D.C. lobbyists and lawyers. According to a report in…
Amaya Gaming is prepping a player liquidity merger between Full Tilt Poker and PokerStar, which could happen within the next six weeks. It's another blockbuster move by Amaya and it's one that could mean the end of the line for the venerable Full Tilt Poker brand. News of the big merge was first reported by…
The latest attempt at bringing regulated online poker to California involves a $60 million incentive for the Golden State horse racing industry. That $60 million offer is part of a group of amendments California Assemblyman Adam Gray added to his version of an online poker bill that's been kicking around the state house for quite…
Amaya Gaming CEO David Baazov is very serious about his bid to take the gaming giant private. This week he hired the services of Barclays Capital Canada to advise him in the effort, according to a report by Reuters. As with so much of Baazov's ambitious bid to take over the biggest online gaming company…
When the Denver Bronco beat the Carolina Panthers 24-10 in Super Bowl 50, the real winners were Nevada sportsbooks. Silver State sportsbooks, the only legal sports betting option in the United States, took in a a record $132.5 million in Super Bowl 50 wagers. That's a nice a little leap over the previous record, $119…
The week leading up to Super Bowl 50 should have been the US-facing daily fantasy sports industry's big moment. Instead, the week was punctuated with even more bad news for the beleaguered vertical's two biggest players. On Friday afternoon Citibank announced that it would no longer be processing daily fantasy sports transactions that come out…
Germany's incredibly complicated licensing scheme for online gambling operators is complicated to the point of being completely unworkable. That's long been the belief in the igaming industry and that belief has been upheld by a top European Union court. Earlier this week the Court of European Union Justice (CEUJ) ruled that German gaming regulators could…
Every February, the NFL hands the sports betting world a $4.2 billion gift in the form of America's most hyped sporting event, the Super Bowl. $4.2 billion is the approximate amount that will be wagered on Super Bowl 50. That's the good news. The bad news is that the bulk of those wagers will be…
The US-facing daily fantasy sports industry is about to learn a lesson that other US-facing operators learned long ago; doing business without a payment processor is next to impossible. Late last week, Vantiv Entertainment Solutions, sent word to Draft Kings and Fan Duel that, as if February 29, it would no longer be handling payments…
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