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California Lawmakers Take Another Stab at Online Poker

California lawmakers are taking another stab at legalizing online poker with the introduction of The Internet Consumer Protection Act (AB 1677). The proposed legislation would establish a licensing scheme for the state; address the thorny issue of compensation for race tracks for not being allowed to participate in online gambling; and lays out the basics […]

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  • February 21st, 2017 by admin

Bitcoin Report: Hedge Funds Snapping Up Mt. Gox Customer Claims

International hedge fund operators are snapping up claims from former customers of the now defunct bitcoin exchange, Mt. Gox. The story was broken by reporters at the Financial Times (subscription required) who relied on their own sources at unnamed international hedge funds. The current offer being floated is 15 percent of the claims value in […]

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  • February 19th, 2017 by admin

Feds Investigate Kansas High Stakes Poker Player

Brandon Steven is a Kansas business man and high stakes poker player who, seemingly, has it all. He’s a well-known on professional and private high stakes poker circuits where he regularly plays for massive amounts of cash. He’s also known as a sharp business man who owns stakes in several car dealerships, health clubs and […]

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  • February 17th, 2017 by admin

Veto Stands on New Jersey’s Anti-Icahn Bill

Carl Icahn Jr.’s foes in the New Jersey state house were delivered a blow this week when their efforts to overturn a veto of an anti-Icahn bill fizzled out. Governor Chris Christie vetoed the bill (S2575) last week and didn’t hide his displeasure with the lawmakers who passed it. In remarks to the press, as […]

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  • February 15th, 2017 by admin

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