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Monthly Archives: February 2017

Idaho Senate Committee Kills Anti-Indian Casino Law

An Idaho Senatorial Committee has killed an effort by one its own to permanently remove slot machines from Indian casinos in the Land of Famous Potatoes. House State Affairs Chairman Tom Loertscher (R) spearheaded the effort to rob Indians of slot machine revenue in an effort that appeared to be …

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Adelson’s Japanese Casino Could Cost $10 Billion

Sheldon Adelson is getting ready to invest upwards of $ 10 billion on the construction of a Las Vegas Sand Corporation casino in Japan. The billionaire casino magnate and political activist is so confident of success in the Land of the Rising Sun that he’s willing to lay down that …

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Mexican Gambling Reform Delayed Again

Mexican lawmakers are, once again, delaying an ambitious set of gambling law reforms that were aimed at moving the country’s gaming industry into the 21st century. Members of Mexico’s gambling industry were hoping to see the Law of Games and Sweepstakes update implemented by August 31, 2018, but virtually no …

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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; …

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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 …

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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 …

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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 …

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Zynga Beats Q4 Expectectations as Old Favorites Stay Strong

Zynga, the social gaming giant that ruled rode the early days of Facebook to massive popularity, is experiencing something of a rejuvenation in recent months. The company is reporting positive growth for 2016 and Q4 earnings that were beyond Wall Street’s expectations. This is especially good news coming from a …

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Duterte Executive Order Intensifies War on Gambling

Philippines President Rodrigo Duterte is signalling an intensification of his war on gambling after issuing an executive order that clarifies the roles of various gaming license authorities. The decidedly unsexy Executive Order No. 13, which Duterte signed on February 2, chopped through the country’s alphabet soup of regulatory agencies by …

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Super Bowl 51 Sports Betting: An After-Game Report

Last night the New England Patriots pulled off one of the greatest comeback wins in NFL history with their 34-28 overtime win over the Atlanta Falcons and entered into the legends and lore of American sports betting. Besides offering up the first overtime in Super Bowl history, the Patriots also …

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