At the end of July, four men were arrested in Israel and Florida accused of orchestrating a “pump-and-dump” scheme involving penny stocks and Bitcoins which is believed to have netted them millions of dollars. The fraudulent investments were offered to people across three continents, including Israel, Cyprus, and Russia,...
August 3rd, 2015 By Stephen Smith
At the beginning of 2015, Full Tilt was the second biggest poker room worldwide, with an average of 1,800 cash game players over a seven-day period, but a little over half way through the year and the site has now slipped down to 8th place on PokerScout‘s ‘Online Poker...
July 31st, 2015 By Charles Washington
From the beginning of this year, multiple states were seen as great candidates to pursue internet gambling expansion, especially Pennsylvania and California. In fact, these two states were widely considered the frontrunners in the race to become the country’s next legalized iGaming states, although other states such as Washington,...
July 30th, 2015 By Adam Brown
In 2009, Playboy was losing money until Scott Flanders was appointed the company’s new chief executive officer and managed to turn around the business by creating a more elevated lifestyle model for the Playboy brand, whilst also making Playboy “primarily a licensing business”. The same year Flanders joined the...
July 29th, 2015 By Shane Larson
The World Poker Fund Holdings (WPFH) was formed earlier this year with the assistance of chief backer US rapper Soulja Boy (photo), and has the stated mission of helping develop the poker industry by making the game more entertaining and accessible to the general public. This week, the company...
July 28th, 2015 By Stephen Smith
In 1988, just Nevada and New Jersey offered casino gambling in the US, but today that number has risen to 43, or 86% of all the states in the country. Pennsylvania is one of them, and in 2007 the state opened seven casinos which brought in $1.4 billion during...
July 27th, 2015 By Charles Washington
While New Jersey’s online poker market continues to disappoint, the state’s online casinos are doing rather nicely and on Monday their numbers grew further after MoheganSunCasino.com launched under the iGaming license of Resorts Casino Hotel. The new online casino has currently moved into a soft-launch phase while a number...
July 24th, 2015 By Adam Brown
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