[caption id="attachment_36322" align="alignright" width="220" caption="Australian Prime Minister, Julia Gillard"][/caption] To say that Australia loves gambling is something of an understatement. Aussies are absolutely crazy for all types of wagering and spend around $100 million annually on gambling products (which is pretty impressive for country with just 22 million people.) That's why the recent Australian Government…
A U.S. District Court judge in Texas has ruled that Bitcoins are officially a form of currency. The ruling came in response to a motion to dismiss a Bitcoin-focused fraud case because the defendant said Bitcoins weren't actually real money. Texas resident Trendon Shavers is accused of scamming would-be investors in his Bitcoin hedge fund,…
[caption id="attachment_35937" align="alignright" width="194" caption="David Rebuck"][/caption] The New Jersey Division of Gaming Enforcement has posted an Internet Gaming FAQ that includes some new information on how branded skins will be regulated. Branded skins are an issue NJ Gaming Enforcement Director David Rebuck has been focusing a lot of time on lately, as he alluded to…
Australia is one of those countries that usually takes a live-and-let-live approach to online gambling. Aussies are free to wager online and operators are free to advertise their products during Australian sporting events. That arrangement worked out pretty well in the wager-happy Land Down Under until a recent explosion of live odds advertising during television…
[caption id="attachment_35639" align="alignright" width="194" caption="David Rebuck, Director of the NJ Division of Gaming Enforcement"][/caption] Regulated online gambling is roaring towards its launch date in New Jersey but there are still plenty of unanswered questions about what exactly it's going to look like. One of the biggest questions that's been left hanging is exactly what role…
[caption id="attachment_35544" align="aligncenter" width="220" caption="Property of the Federal Government"][/caption] Absolute Poker has finalized a deal with the US Department of Justice that brings closure to another thread of the complicated Black Friday indictments. The deal was put together by US Attorney Preet Baharara and frees the company from any further prosecution in the two-year-old case.…
[caption id="attachment_35382" align="alignright" width="297" caption="Texas Congressman, Joe Barton"][/caption] Texas Congressman Joe Barton is the latest Representative to introduce a Federal Online Poker bill. Barton's bill would legalize online poker at the Federal level, while allowing states that aren't interested to opt out of igaming entirely. In a statement to the press, Barton described poker players…
Pari Mutuel Urbain (PMU), the French state-owned betting conglomerate, is moving to wall off its land-based and online enterprises. It's a huge move that's motivated by market competition and could seriously shake up the French gaming market. PMU's online wing has always been able to count on solid liquidity thanks to its connection to 11,000…
Betfair and William Hill are both applying to run the Greek gambling monopoly, but there's more to the story than the headline indicates. The applications are just one scene from what's turning into a classic Greek drama. At the center of fight is OPAP, Greece's gambling monopoly. The Greek Government is trying to sell off…
It's all in for New Jersey's casino industry as all 12 Atlantic City casinos are making moves towards securing their online gaming permits. The big 12 notified state regulators of their intentions just ahead of the deadline for casinos that hope to have their operations up by the November launch date. The stampede towards cyberspace…
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