New Jersey lawmakers have passed a bill that punishes casino owners who shutter their doors with a five-year casino time out. It's a measure that's aimed squarely at punishing Trump Taj Mahal owner Carl Icahn, who closed his casino at the height of a recent labor dispute with his employees. It's generally believed that Icahn…
Bitcoin users are a notoriously private bunch and that's a notion that doesn't sit well with the tax collectors at the US Internal Revenue Service (IRS). Of course giving up any of their hard won privacy isn't a notion that sits well with Bitcoin users, and that's setting up a major legal battle over how…
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,…
Eighteen Crown Resorts employees have been detained by Chinese authorities in what's believed to be the start of a crackdown on the gambling and casino junket business. At least three of the detainees are believed to be Australians, including Jason O’Connor, the head of Crown’s VIP International team. Details surrounding the whereabouts of the 18…
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…
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…
Gaming regulators in the Australian state of New South Wales have banned gambling operators from airing in-play odds advertising during sporting events. The move is aimed at curbing problem gambling by reducing the number of opportunities gamblers have to indulge in impulsive behavior. Fortunately, for in-play wagering enthusiasts anyways, the ban will not apply to…
A hacker recently cheated Bitcoin casino PrimeDice out of a cool million, there's not a damn thing the site's operators can do it about it. The PrimeDice con, which exploited a weakness in the site's random number generator, and the brouhaha that followed in the Bitcoin community, illustrate some of the challenges operators face in…
Lots of European governments talk about breaking up their lucrative sports betting monopolies, but very few of them do so of their own volition. Hungary, is not one of those countries. Late last week, lawmakers in the former Communist country began moving forward a proposal that would radically liberalize the way Hungarian gambling takes place.…
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