Archive for January, 2016

California DFS Bill Sails Through State Assembly

This week, California became the first state in the US to pass daily fantasy sports (DFS) legislation after the California State Assembly voted almost overwhelmingly to support the Internet Fantasy Sports Games Consumer Protection Act, also known as Assembly Bill 1437. The bill still needs to pass through the...

Isle of Man Aiming to Become Global Leader in the Bitcoin Sector

Bitcoin, the electronic form of currency that started appearing in headlines a couple of years ago, is slowly becoming more widely accepted. Now, it’s possible to pay for certain products and services online using bitcoin, which is sourced through a process called mining using a computer. Although online retailers...

How Has WSOP.com Fared Since Becoming Nevada’s Only Viable Poker Site?

On April 30, 2013, Ultimate Poker.com became the first regulated online poker site to launch in the US, but by November 14, 2014 the operation was shut down due to revenues falling significantly below expectations. After Ultimate Poker closed down its Nevada iPoker website, WSOP.com became the only viable...

DFS Legalization Inevitable According to Mark Cuban

Mark Cuban is one of the most high profile owners of a professional sports team in the United States, and has invested in a number of start-ups both on his own and through the hit television show “Shark Tank.” Even in the midst of controversy over the legality of...

US Gambling Industry Landscape Predictions for 2016

What lies ahead for the gambling industry in 2016? Amongst the experts weighing in and making their predictions recently is Howard Stutz of the Las Vegas Review-Journal, who shared his list of predictions for the upcoming year, many of which do seem to be very plausible. Here are some...

Playing Poker A Tough Way to Make A Living

The idea of being a professional poker player has undoubted appeal. After all, who wouldn’t want to make a living taking to the live and online tables and putting their skills to the test in high stakes tournaments? Poker players also enjoy an independent lifestyle and have the opportunity...

Challenges Facing US iGambling Expansion in 2016

For those fortunate enough to live in Nevada, New Jersey or Delaware, legal online gambling is already a reality. For everyone else, it’s a dream. Every year, stories arise of states inching closer to regulating online poker and iGaming, but in 2014 and 2015, not a single state moved...