Michigan lawmakers are considering a new bill regulated online poker bill that comes with a decidedly international, and open minded approach to online gambling. If passed into law, SB 889, the Lawful Internet Gaming Act would set a framework for regulated online poker operators to set up shop in Michigan. The bill also allows…
Phil Ivey is, arguably, the best poker player in the world and now he's getting ready to take on a new challenge, daily fantasy sports. The master card player is all set to launch his own daily fantasy sports site on the iTeam Network sometime next month. Details about Ivey's new venture are still pretty…
The state of New Jersey gambling was put on stark display when the Division of Gaming Enforcement (DGE) released its final revenue numbers for 2015. These numbers told a story that could easily start with the words, "I've got some good news and I've got some bad news." On the good news front, revenue from…
If you've recently visited the United States of America, you couldn't have done so without hearing about the sky high Powerball lottery which, as of this writing, is hovering at $1.4 billion (USD). That's the largest jackpot in US lottery history and it's certain to climb even higher as the week rolls on. Anyone in…
The state lottery system in the United States is generally regarded as a well run, and thoroughly regulated, arm of the legal gambling industry. In fact, most industry observers credit lotteries with opening up regulated gaming markets throughout the United States where gambling is now legal in 48 states. But a recent scandal involving a…
After a couple years of middling results, New Jersey's fledgling online gambling industry posted its highest ever revenue in November 2015. The impressive numbers, which were released by the New Jersey Division of Gaming Enforcement, are packed with tidbits that point to some genuine Garden State success stories. The most important number from the November…
Earlier this week, an unnamed buyer purchased the Las Vegas Review-Journal, Nevada's largest daily newspaper, for an astonishing $140 million. That may not sound like a story that impacts the igaming world, but it's much more important than you might think. The Review-Journal sale is particularly puzzling for a number of reasons, not the least…
Online gambling supporters shredded their critics yesterday in a Congressional hearing that was designed to smear the entire industry. The hearing titled, A Casino in Every Smartphone – Law Enforcement Implications, was held by the House of Representatives Committee on Oversight and Government Reform in an effort to boost support for the Restoration of America's…
US-facing daily fantasy sports sites have seen a major decline in tournament entries and guaranteed prize pools (GPP) since the insider trading scandal broke back in September. According to a recently released analytics report from Adam Kreijcik, managing director of digital and interactive gaming at Eilers Research, action in GPPs is down as much as $10 million…
New Jersey's Division of Gaming Enforcement is, once again, brainstorming new ways to help Garden State online operators attract new customers. Among the recent proposals being studied by the Division is a measure that would allow online gambling operators to use celebrity pitchmen to endorse their products. So what's the big deal about hiring a…
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