ISLE OF MAN – The Microgaming education bursaries initiative has been created...
Sheldon Adelson, the Las Vegas casino magnate, and his wife, Miriam, contributed almost $100 million to Republican candidates and related organizations in 2012, and another $5 million in 2014. Not surprisingly, the billionaire wants something in return. That something is legislation to outlaw online gambling. But Adelson may have overplayed his hand by putting too much into the pot—and in the process providing ...
Last week the Wall Street Journal reported on plans by Amaya Gaming Group Inc., a Montreal-based producer of gaming machines and systems, to buy PokerStars, the largest online poker operator in the world. According to the Wall Street Journal, Amaya Gaming will be paying $4.9 billion to take over privately held Oldford Group Ltd., parent company of Rational Group Ltd. that owns the PokerStars and Full Tilt Poker...
The U.S. has somehow become a country in which poker players from Staten Island, New York, to Boise, Idaho, can’t risk a few hundred bucks in an honest game without fear of criminal prosecution. Idaho is known for its libertarian streak. Recently, however, overzealous prosecutors and law enforcement officers in Boise tried to turn poker players into criminals, bringing misdemeanor gambling charges that would ...
The IGC agrees that the federal government should consider allowing private companies to do buiness in Canada - with a proper regulatory and taxation model in place. The benefits are numerous: more choice (in games and operators), greater consumer protections, and revenues that exceed what provincial lottery corporations could make on iGaming...
Kentucky’s efforts to seize 132 Internet gambling domain names is on hold after an appeals court ruled Friday that a trade association may represent the owners of the sites trying to fend off forfeiture proceedings. The decision by the Kentucky Court of Appeals allows the Interactive Gaming Council to step into the 6-year-old case and, at least temporarily, keep the identities of the owners of various Internet...
The Interactive Gaming Council (IGC) announced the selection of Keith Furlong as the trade association’s new Chief Executive Officer. Furlong will replace outgoing CEO John Kennedy FitzGerald. “John FitzGerald led our organization through the challenges immediately following passage of UIGEA in the U.S. His sound counsel has been particularly instrumental in advancing lobbying efforts throughout Canada,” ...
The offshore gaming industry, exemplified by big name operators who are licensed and regulated in European jurisdictions such as the United Kingdom, Spain, Italy, and Denmark, are successful companies because of ongoing investments made in product development, technology, fraud detection, and player protection. They have loyal customers that number in the tens of thousands (if not millions), massive liquidity, and...
The year saw the enactment of online gaming in New Jersey and online poker in Nevada and Delaware, but also saw a district court judge and then a three-judge panel of the United States Court of Appeals for the Third Circuit block New Jersey from proceeding with sports betting. During 2013, a number of the individual defendants charged in the Black Friday case in the Southern District of New York settled their...