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Fahrenkopf Stepping Down from AGA

[caption id="attachment_31474" align="alignright" width="190" caption="AGA CEO Frank Fahrenkopf"][/caption] After 17 years as the President and CEO of the American Gaming Association (AGA) Frank Fahrenkopf will step down as of June 30. The former Chairman of the Republican Party has held the position since the AGA first formed back in 1995. According to a statement released…

Top Online Gambling Moments of 2012

#1 - Poker Stars Buys Full Tilt The Black Friday saga took another big turn when Poker Stars finalized a deal purchase Full Tilt Poker's assets from the US Department of Justice in April. By the end of the year, they had relaunched the legendary site and it was like all that nastiness never happened.…

13 Predictions for the Gambling Industry in 2013

[caption id="attachment_30669" align="alignleft" width="150" caption="Federal action not likely in 2013."][/caption] #1 - No Federal Poker Legislation What can you say about the US Congress? The only group American trust less are used car salesmen (though it's a very tight competition). This current crop of Congressional jokers can't even pull their acts together when the country's…

Caesars Prepares For Nevada Gaming License

[caption id="attachment_30395" align="aligncenter" width="425" caption="Caesars Wants To Play Online"][/caption] Caesars Interactive Entertainment will be in a hearing this week, prepared to get an intrastate online poker license from the Nevada Gaming Commission.  This will be a “must have” license, as they are not just a huge gaming brand in the US but also the proud…

Online Poker Revenue Could Save the US Government

[caption id="attachment_30338" align="alignright" width="277" caption="Passing Reid-Kyl doesn't have to be so tough."][/caption] Could online poker revenues prevent a fiscal catastrophe in the United States? That's the point financial blogger Travis Hoium made in very interesting posting on Motley Fool this week. According to Hoium, the US Government is currently making the classic mistake of leaving…

Pinnacle Sports Owner Out To Fight Indictments

[caption id="attachment_30289" align="aligncenter" width="425" caption="Pinnacle Owner Hires Top Lawyer"][/caption] Pinnacle Sports owner Stanley Tomchin is not going down without a fight and has hired high profile gaming lawyer Jeff Ifrah, a partner of the Washington DC based law firm Ifrah Law who also represents Full Tilt Poker. The indictments were sent out last month from…

Mohegan Sun Selects OnPoker for Online Poker

The Ongame Network has been tapped to provide play-money online poker to the influential Mohegan Sun Casino in Connecticut. Published reports suggest that the new site (www.mohegansun.com) could launch in the first part of 2013. Mohegan's deal with the Amaya-owned Ongame Poker Network is just the first salvo in what could be a major online…

Breaking News: DOJ and Full Tilt Poker Player Refunds

[caption id="attachment_30002" align="aligncenter" width="425" caption="Player Funds Will Soon Be On The Way"][/caption] The United States Attorney’s Office for the Southern District of New York has announced that is currently evaluating applicants who will be in charge of handling all the remitted payments to players from Full Tilt Poker. Once a claim administrator is put into…

MGM Resorts, 2 More Secure Nevada Gaming Licenses

[caption id="attachment_29846" align="aligncenter" width="425" caption="MGM Grand Is Ready To Play Online Poker"][/caption] The Nevada Gaming Commission licenses are rolling off the approval assembly line with three more companies ready to operate in the state’s new intrastate online poker industry. Number one is the big brand MGM Resort who secured a license along with two other…

North Dakota Explores Online Gaming

[caption id="attachment_29256" align="aligncenter" width="425" caption="North Dakota Begins The Process"][/caption] The government of North Dakota has now starting the process of requesting information on updating and converting its lottery’s online gaming system. To start, an initial RFI has officially gone out which would also include updating all of its associated products, retail network and support services. This…