Asset Forfeiture and Money Laundering division's decision open to appeal until May 17 Forum exchanges over the weekend indicate that around 1,500 Full Tilt petitioners have had their claims rejected by the Asset Forfeiture and Money Laundering division of the US Department of Justice following review. Players affected report that they received emails notifying them of the disqualification and giving...
But was the underlying motive preparing the way for an attack on PASPA? Wednesday's much-anticipated Congressional hearing on daily fantasy sports failed to deliver any new developments or fireworks, prompting some political observers to suggest that the underlying motive of the New Jersey introducers may have been to prepare the ground for a campaign for the liberalisation of sports betting...
State could be the next to legalise daily fantasy sports Colorado legislators have moved with remarkable speed to legalise daily fantasy sports in the state, sending a legalisation bill to Governor John Hickenlooper's desk for signature after fast passage through both the House and the Senate. Bill HB1404 sponsored by House Democratic leader Crisanta Duran sailed through the House, and...
Full launch follows period of Beta testing Betfair US is scheduled to take the U.S.'s first exchange betting offer out of beta testing and into full operation with Monmouth Park racecourse in New Jersey today (Tuesday). Action is expected to be limited for the first few days, says Daily Racing Form, due to a paucity of live racing signals and...
Online casino performance the best yet The New Jersey Casino Control Commission chairman Matt Levinson had good news Thursday, announcing that Atlantic City revenues (including the online contribution) were up 8.1 percent year-on-year to $215 million in April 2016. Taking out online returns, the increase was still 6.3 percent. Online casinos did especially well, delivering revenues of $14.3 million for...
John McAfee to oversee MGT Capital's move into the cyber-security sector John McAfee, the often colourful founder of the eponymous cyber security software giant bearing his name, has been appointed CEO of mobile gambling company MGT Capital Investments and returned to the public markets this week around five years after selling McAfee to Intel Corp. for $7.68 billion. He will...
Las Vegas Review Journal writer Jennifer Robison departs Professional staff turnover at the Las Vegas Review Journal, a Las Vegas newspaper purchased for a reportedly inflated price of $140 million last year by the Adelson family continues to be brisk, with Jennifer Robison the latest respected journo to depart. Robison, who is leaving to work in communications for PG&E in...
CEO of multi-billion dollar video game developer bullish on the future The CEO of the multi-billion dollar video gaming company Activision (it produces and sponsors games like Call of Duty, Starcraft and Destiny) is confident that the burgeoning eSports phenomenon has a great future... and he intends to continue being a part of it. In an interview with the publication...