Why would the bank of America want to close the account of a bona fide customer worth around $32.3 million? The Bank of America played the Christmas Grinch for poker ace Daniel Negreanu (41) this year, arbitrarily and without warning closing his account just before Christmas. Canadian-born but Las Vegas resident, Negreanu is a well-liked and honest player of considerable...
Legality to be debated in the new year, but AG has not been asked for an opinion yet It may be awhile before Ohio follows states like New York and Illinois in deciding whether daily fantasy sports are illegal or not...state lawmakers revealed in their annual report this week that they have not yet completed a detailed consideration of the...
Iowa Tribe of Oklahoma announces its intentions In an announcement by its chairman, Bobby Walkup, the Iowa Tribe of Oklahoma has advised its intention - subject to legality - to enter the online gambling sector in collaboration with Florida-based technology firm Universal Entertainment Group. InfoPowa readers may recall that Universal Entertainment Group was also involved in the abortive Pokertribes.com initiative...
Respected journalist resigns from Connecticut newspaper citing conduct of alleged Adelson front-man The repercussions from Sheldon Adelson's allegedly stealth purchase of the Las Vegas Review-Journal spilled over into Connecticut Thursday with the resignation on ethical grounds of Steve Collins (54), a respected and professional journalist working for the Bristol Press, a publication owned by one Michael Schroeder. Schroeder is allegedly...
"Fast-tracked" case is still six months into next year Daily fantasy sports companies DraftKings and FanDuel, which have filed litigation against an opinion by the Illinois Attorney General that DFS is illegal gambling (see previous InfoPowa report), have reportedly agreed a fast-tracked court schedule with that office. A report in the publication Canadian Business reveals that the deal took place...
Management stresses the need to remain competitive by offering more According to the Boston Herald, the Massachusetts State Lottery is hoping to add fantasy sports and other online games in a drive to remain competitive with land and online casinos. Lottery executive director Michael Sweeney told the newspaper Wednesday: "I have a business that is not allowed to be online...
DraftKings and FanDuel sue Illinois AG for claim that their activities constitute illegal gambling Daily fantasy sports market leaders FanDuel and DraftKings have reacted quickly to Wednesday's opinion by Illinois AG Lisa Madigan that their activities constitute gambling and are therefore illegal in the state. On Thursday the two companies filed separate cases fighting the opinion and insisting that their...
Assembly committee gets legalisation off to a fast start The usually well-informed and reliable Online Poker Report writer Chris Grove has tweeted that the California Assembly's Government Organisation Committee has scheduled a meeting on the legalisation of online poker, sports betting and daily fantasy sports for January 6 2016, getting the year's gambling initiatives off to a fast start in...
November casino win up 7.8 percent year-on-year Latest figures for November 2015 released by the Nevada Gaming Control Board Wednesday show that casino win was up 7.8 percent year-on-year. Nevada casinos kept $944.3 million of gamblers' wagers in November thanks to slot machines, the calendar and a record month for sports betting, the regulator advised. NGCB analyst Mike Lawton told...
Finance Minister confident that Cabinet will accept US offer and end more than 12 years of argument The industry has heard this one many times before in the World Trade Organisation dispute between Antigua and Barbuda and the United States over the latter's online gambling ban: "We're on the threshold of an agreement." Unfortunately it has invariably led to disappointment...
