Online gambling is viewed negatively by many segments of society, with those against the industry imagining people going online, visiting illegal websites, and gambling away their hard earned income with the money they spend then going towards funding criminal activities through offshore accounts. Those familiar with the industry, however,...
March 31st, 2016 By Shane Larson
The Chief Executive Officer of Amaya Inc, David Baazov, was recently charged with insider trading by the Quebec Securities regulators (AMF). The same day the news was announced, shares in the world’s largest online poker company took a dive and closed 21% down on the Toronto stock market. While...
March 30th, 2016 By Adam Brown
When you think of gambling hot spots around the globe, Romania is unlikely to spring first to mind, but in actual fact, there is a vibrant gambling industry thriving in the Eastern European nation. Recent reports from the Romanian government show that online and brick and mortar gambling operators...
March 29th, 2016 By Charles Washington
Daily fantasy sports betting sites had a dark year in 2015, following a major scandal that broke regarding what amounted to basically insider trading. After state District Attorneys and legislatures all began to investigate their operations, daily fantasy sports betting operators like FanDuel and DraftKings seemed to be fighting...
March 28th, 2016 By Stephen Smith
Gambling has a long history in the UK, but it wasn’t until the 1960s that an appropriate regulatory framework was adopted to extend beyond racecourses, dog tracks, and small private members clubs. In 1961, betting shops were subsequently legalized in the country, and today UK residents can walk into...
March 25th, 2016 By Shane Larson
In the year 2000, the newly formed California Nations Indian Gaming Association (CNIGA) managed to get two important pieces of legislation passed and signed into law by Governor Gray Davis; Proposition 5 and Proposition 1A. These two laws made it possible for the 63 Indian tribes in California to...
March 24th, 2016 By Lucy Brown
Revel is the most expensive casino in the history of Atlantic City, with the property having cost $2.4 billion to build. After opening with plenty of press coverage and media attention in 2012, though, the buzz was not sufficient to make Revel a success, and so the casino shuttered...
March 23rd, 2016 By Charles Washington
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