Online Gambling Becoming Next Big Frontier In The Bitcoin World
According to research firm H2 Gambling Capital, the global online gambling market was worth an estimated $30 billion in 2012 and will grow to reach $40 billion by 2015. However, the online gambling industry also relies heavily on being able to process fast, irreversible payments, whilst also reducing the transactions costs which would otherwise remove […]
Unregulated US Online Poker Market Continues To Thrive
In the US, just three of the country’s fifty states currently offer online gambling, namely Nevada, Delaware and New Jersey, while the remaining states are taking note before deciding on whether to join the bandwagon in the near future. Meanwhile, it would seem lawmakers from the various states are fast coming to the realization that […]
Sheldon Adelson Pushes His Internet Gambling Control Act
Despite being a millionaire casino mogul, Sheldon Adelson is one of the most ardent opponents of online gambling in the United States and has been fervently crusading to have it banned since the UIGEA was re-interpreted in 2011 to allow for state-by-state lawful online gambling. Consequently, the Las Vegas Sands CEO said he is willing […]
PokerStars May Get DoJ Green Light To Enter US Market
According to a report on CalvinAyre.com, the US Department of Justice may be on the verge of amending its policy related to pending Black Friday charges against individuals whose companies previously operated in the US. If confirmed, defendants with outstanding charges against them, such as PokerStars founder Isai Scheinberg, may be permitted to pay fines […]
New Jersey May Allow Overseas Online Gambling
Having been instrumental in introducing online gambling to New Jersey, State Senator Ray Lesniak is now seeking to increase the scope of those games by re-introducing a bill that would allow licensed online gambling operators to offer their products to people located outside of New Jersey, or even the United States. New Jersey to offer […]
California Regulated Online Poker By 2015?
California is the most populous state in the US with around 38 million residents, and as such has the potential to become the biggest player in America’s newly regulated online poker environment. California online poker worth $384m within 10 years Thus far, just Nevada, Delaware, and New Jersey have launched statewide real-money online poker, but […]
Pennsylvania Considers Allowing Legalized Online Gambling
According to online gambling consulting company, Spectrum Gaming Group, Pennsylvania, West Virginia and another nine US states might approve Internet gambling either this year or in 2015. As Spectrum Gaming Group founder Fred Gushin, explains: “There’s intense competition in that part of the country. It’s something that will be considered not only by Pennsylvania but […]
