Divestiture Agreement hassles result in $10,000 penalty The New Jersey Division of Gaming Enforcement has announced that online gambling operator Bwin.Party, which partners in the Garden State online gambling market with the Borgata, has been fined $10,000 for a breach by one of its shareholders of the terms of a divestiture agreement imposed in the licensing process. The 2013 agreement...
Statistics for September show continued growth, but online poker still lags The latest online gambling statistics from the New Jersey Division of Gaming Enforcement show that growth continued in September, with total Internet gaming win of $12 million, an improvement of just over 17 percent on September 2014's $10.2 million. Online poker again showed a decline at $1.77 million, its...
Limits operation of StarsDraft Amaya Inc. said Monday it will limit its daily fantasy sports (DFS) brand StarsDraft from real-money games and tournaments in most U.S. states following pending reviews in a number of jurisdictions (see previous InfoPowa reports). "We have previously called for state regulation and licensing of DFS to ensure consumer protection and strict government oversight of operators,"...
Southern District of New York enforcers go to work again Online poker sector observers will be familiar with the name Preet Bharara, the US Department of Justice official who spearheaded the Black Friday enforcement attack on internet poker sites four years ago, decimating the US online poker market. The Wall Street Journal reports this week that Bharara, and his team...
In-house developed "SponsoredPlay" brings players and advertisers together The in-house development team at social games provider Zynga has come up with a feature that they claim will bring about more player engagement with in-game advertisers. Branded SponsoredPlay, the product rewards players as they play a game if they engage with sponsoring advertisers. Brands are charged each time a person plays...
Competitive Enterprise Institute launches a pre-emptive strike With rumours of a federally-imposed two-year moratorium on internet gambling legalisation strengthening in the United States (see previous InfoPowa reports), Michelle Minton of the Competitive Enterprise Institute launched a pre-emptive strike in an op-ed article in the widely read Washington DC publication The Hill Tuesday. Like the struggling Restoration of America's Wire Act...
Retired Republican Congressman Jim Leach speaks out on "cauldron of daily betting." The politician who caused untold damage and billions of dollars in losses for online gambling companies in the United States with his "follow the money trail" 2006 Unlawful Internet Gambling Enforcement Act (UIGEA), Jim Leach, has characterised the daily fantasy sports phenomenon as a "cauldron of daily betting"...
Amazon launches new Cloud-connected business One of the current buzz-phrases doing the rounds is The Internet of Things, and Amazon is capitalising on it with the launch of its new Amazon Web Services IoT business, which allows a wide sweep of industries from manufacturing to healthcare systems to develop applications that connect devices through Cloud services. The beta version of...
Microsoft's Bing Predicts artificial intelligence shocks the bookies Artificial intelligence has been disturbing gambling consortiums in Las Vegas, the publication Extreme Tech claims, reporting that Microsoft's AI engine, Bing Predicts, recently bested the Las Vegas odds in predicting winners for week one of the NFL season. It wasn't a flash in the pan, either; the system correctly predicted the outcomes...
5.00 p.m. on is the new deadline The possible acquisition of Sportech plc by Canada's Contagious Gaming group is taking longer than anticipated, and for the second time the negotiating parties have been given an extension on time limits for the deal by the London stock exchange. In a statement Friday Sportech advised that a further extension to 5.00 p.m....
