Gambling News

  • 05 October 2010

    Major Casinos Looking at Online Gambling

    There has been a lot written lately about the online gambling regulation in the U.S. this year. Proponents of legalizing and regulating internet gambling have seen positive and negative so far from Barney Frank’s H.R. 2267  passing a markup vote to the NFL changing its stance to California denying an effort to legalize online poker to now the major land base casino’s changing their tune about legalizing online gambling.

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  • 04 October 2010

    New Treasury Rule Proposal and Online Gambling Funds

    There has been a new ruled proposed that has gotten online gamblers in the U.S. in a foul mood.  A rule proposed by the Treasury Department would require a weekly report of all electronic money transfers into and out of the U.S. by all financial institutions. Along with the reports the social security numbers of all those making thing transaction will be included. Currently no reports are made if transactions are less than $10,000.Could the U.S. government use this information to halt all U.S.

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  • 27 September 2010

    Washington State Court Upholds State Gambling Ban

    Lee Rousso, is an avid online poker player, the Poker Players Alliance Washington State’s Director, a lawyer and is fighting the online gambling ban in Washington State through the court system.  His central argument against the internet gambling ban is, “The central argument is that Washington State’s statute that bans internet poker is protectionist in nature. It protects in-state businesses from out of state competition. The Commerce Clause of the U.S.

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  • 26 September 2010

    Online Gambling Domain Owners Must Show Up in Kentucky

    In a very short excerpt in the AP news this week, A Kentucky Supreme Court has again ruled that owners of internet gambling sites must show up in court if they do not want the state of Kentucky to seize their domain names. If you were not aware, back in 2008/09, Kentucky Governor, Steve Beshear, tried to seize 141 gambling-related domain names, saying they were, basically, “illegal gambling devices.

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  • 23 September 2010

    Canadian Players Banned from Certain Online Casinos

    Could all the legal online gambling action involving Canada lead to some online casinos to drop Canadian players? This could be one explanation to the sudden emails sent out by Bwin Interactive, Paddy Power and Casino Club announcing they will no longer take Canadian players effective Sept. 24th 2010. Another interesting development is that all these casinos run the Boss Media software. There is no explanation in the email about why other than citing “new regulations” as the cause.

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  • 22 September 2010

    RIP Spearmaster - Ted Loh

    Guys, I am just about speechless. Earlier this week, Spearmaster, Ted Loh, passed away after a struggle with cancer. Ted is well known in the industry. He was the first affiliate I ever met in person, and he made me feel welcome. Ted was outspoken and straight forward. He spoke his mind, even in situations where most people didn’t share his views. And guess what, time usually proved him right.

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  • 21 September 2010

    Sportingbet PLC to Forfeit $33 million to Settle U.S. Online Gambling Charge

    UK Internet gambling company Sportingbet Plc agreed today to forfeit $33 million that it provided to US customers in a deal that they hope will allow the company to resume U.S. online gambling operations sometime in the future if the laws are changed. According to a statement made by Sportingbet as part of this agreement with New York, the company offered online gambling to U.S. residents from 1996 to Oct. 2006.

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  • 20 September 2010

    Online Poker Affected After California State Sen. Wright Indicted?

    What a difference a week makes.  California State Senator Roderick Wright (D- Inglewood) seemed to be a light for legalized online poker in the state has now been indicted by a grand jury on eight counts including filing a false declaration of candidacy, voter fraud and perjury beginning back in 2007. If convicted, Wright faces up to eight years and four months in state prison. He pleaded not guilty and was released after posting bail of $45,000. His next court date is October 8th.

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  • 19 September 2010

    Goldwater Bank To Forfeit $734,000 in Online Gambling Case

    Today the bank Ahmad Khawaja and his two firms Allied Systems and Allied Wallet reportedly used to transfer funds to players online poker sites, as agree to forfeit assets. Goldwater Bank, a one branch bank located in Scottsdale Arizona as agreed to forfeit $734,000 that have been tied to money laundering and illegal online gambling operations according to the FBI.

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  • 14 September 2010

    Daniel Tzvetkoff Released from New York Jail

    The Australian businessman Daniel Tzvetkoff has been released from a New York jail according to The 27 year old had been charged with money laundering, conspiracy to launder, fraud and conspiracy to defraud. He was facing up to 75 years in jail but after a hearing with a federal magistrate behind closed doors we walked out of jail though there has been no official records released which could mean he is co-operating with federal prosecutors regarding online gambling.

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