It only took a year and a half, but the New Jersey online gambling industry finally has some good news to report. During the 2014 reporting period, Garden State igaming drew in $122 million in revenue. That represents some real progress from its early days and is turning into the poster child for regulated online…
Golden State lawmakers' latest attempt at legalizing California online poker has cleared an important committee vote, but has plenty of hurdles to leap before becoming a law. Late last week, the Assembly Appropriations Committee unanimously gave a thumbs up to AB 431, but that doesn't mean you should start including California in your next marketing…
Full Tilt Poker is all set to take on the red hot Danish gambling market after securing the proper licensing from the Danish Gambling Authority. Once they're up and running, Full Tilt will find themselves in heated competition with at least 113 other licensed gaming companies. In a statement to PokerNews, Full Tilt Managing Director,…
Seals with Clubs with Clubs was Nevada's first Bitcoin-only online poker room before it shut down in March due to security concerns. Now the company has earned another, more dubious, Nevada online poker first. It's the first Nevada online poker room to be charged with operating an unlicensed interactive gaming system. Earlier this week, Nevada…
The dream of regulated California online poker inched closer to becoming reality after AB-431 passed a key committee on its way towards a vote by the General Assembly. While AB-431's movement from the Government Organizational Committee to a series of scheduled hearings is an extremely significant step - it's the first time any Golden State…
Amaya Gaming released its Q4 earnings report this week and, despite some pretty big losses, the future looks very bright for the Canadian igaming giant. On the bright side of the report Amaya Gaming clocked in revenue of $368.6 million ($291.57 million USD) that's a whopping ten-fold increase over the previous year, which was a…
Analysts at Morgan Stanley have been gazing into the future of regulated American online gambling and they didn't particularly like what they saw. Yesterday, the financial giant slashed its prediction for US online gambling growth through 2020 by by more than half. The company suggests that the budding industry will only do about $2.7 billion…
The drawn out, and often controversial, Full Tilt Poker repayment process may be coming to a close as soon as March, 2015, according to a report from PocketFives.com. PocketFives' reporting is based on a e-mail one of its readers received from the Garden City Group (GCG), the company in charge of the repayment plan, reading:…
There are two, very distinct, types of people who work in the gambling business today; those who say what's on their mind and those who stick to coded corporate-speak. While the group that says-it-like-it-is definitely deliver more colorful quotes for internet consumption, the suits are usually the ones who get the final word. We've sorted…
Sports Betting Will Never Be Legal in the US The State of New Jersey recently fought the good fight for legal sports betting in the United States...and lost in a major way. But that doesn't mean the fight is over for good. Believe it or not, there are actually signs that regulated sports wagering could…
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