Last-minute amendments introducing "bad actor" clause trigger a reaction The last-minute addition of a "bad actor" clause that would effectively exclude Pokerstars from Californian licensing for five years has prompted the coalition of Pokerstars, the Morongo Band of Mission Indians, the San Manuel Band of Mission Indians, and California's three largest card clubs — Commerce Casino, Hawaiian Gardens Casino and...
Late "bad actor" amendments will do little to protect consumers and promote competition The Poker Players Alliance, which claims a poker-playing membership of over 1.2 million, 90,000 of whom reside in California, has issued a strong condemnation of the late "bad actor" amendments to California Assemblyman Adam Gray's AB2863 bill seeking to legalise online poker in his state. News that...
Parties reportedly exploring the possibility of a Europe and Asian facing, real-money online gambling enterprise The Irish Times reported Thursday that Dermot Smurfit's GamingAccount (GAN) is currently exploring the set-up of a Europe and Asian-facing, real-money online gambling enterprise for an unnamed US casino operator. The talks are apparently at "an advanced level" and will involve basing the proposed business...
Developing the Simulated Remote Gaming project in the USA apparently going well Dermot Smurfit's simulated remote gaming technology firm GAN has announced that it has been successful in raising a further GBP 1.3 million in investment capital through the placement of 3.25 million ordinary shares at 40p each with Dermot Desmond's IIU. The sale represents 4.6 percent of the enlarged...
Daily fantasy sports operator touts September tournament FanDuel has responded to this week's news that rival DraftKings is to offer MLB-themed tournaments with guarantees of over $5 million by announcing that it is to invest $1 million next month as a prize pool guarantee for an MLB-related event branded Big Swing. The new tournament follows the conclusion of FanDuel's 2016...
Operator has big plans for the 2016 Major League Baseball season Daily fantasy sports operator DraftKings has set aside a budget of $5 million in player rewards to kick-start its involvement in the 2016 Major League Baseball season, titling its latest 10-day DFS festival the Fantasy Baseball $5 Million Championship Series. The series runs through to September 2 and will...
Market leaders and three other operators cleared in time for the football season and Major League Baseball playoffs After months of threats, litigation, legislative action and uncertainty daily fantasy sports is back in New York state, with market leaders DraftKings and FanDuel, along with three other operators, cleared for operations just in time for the football season and the MLB...
But some regulatory board members feel their proposals are not tight enough Flushed with success at being allowed to operate in New York this week, DFS market leaders FanDuel and DraftKings appeared before Nevada's Gaming Policy Committee Tuesday punting their regulatory proposals in an attempt to gain access to the Nevada market. InfoPowa readers will recall that Nevada regulators concluded...
Collective profit up 21 percent in the first six months of the year... the best since 2010 Atlantic City's remaining land casinos reported collective profits up 21 percent in the first half of 2016, indicating that the embattled industry may be stabilising following the closure of several venues. Figures released Monday by the New Jersey Division of Gaming Enforcement show...
Insiders report that Assemblyman Adam Gray may take his proposed legislation off the table for Monday's Assembly session With an end-August Californian Assembly adjournment ever closer, the news broke over the weekend that Assemblyman Adam Gray may be about to pull his online poker legalisation bill AB 2863 from Monday's much anticipated floor debate following intensified opposition to its latest...
