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Gambling Law & Society News (1305 articles)

California Passes Initial Round of Online Gambling Regulation

California passed major hurdle on April 28th, with their passing of bill AB 2863. This bill has seen numerous updates to suit the needs of both the horse racing industry, and the Tribal casinos that appear to be the major roadblocks for regulating online poker. After being presented to the state senate, the bill was passed unanimously with a 19-0 vote. But, we...

Gambling Law & Society News

Phil Ivey Back in Court

It’s been almost four years since famed poker pro Phil Ivey has won, then lost £7.8 million at Crockfords Casino. In August of 2012, Ivey and his friend won the money playing Punto Banco, (Baccarat) at the U.K. casino. The casino then deemed Ivey and his acquaintance to be cheating and withheld his winnings. It took months to determine this initial outcome, o...

Gambling Law & Society News

Portuguese Poker Regulation Could Shut Out Major Networks

One of those countries is Portugal. In 2015, it was announced that Portuguese players would not be permitted to segregate with international player pools. This would essentially, “Fence Off” the tiny nation from the rest of the world. Much the same model as France and Spain have been using for some time. This was obviously bad news for poker players hailing fr...

Gambling Law & Society News

5 Years After Black Friday – Where are We Now?

Today marks the 5th anniversary of Black Friday – the event that rocked the poker world. Much has come out of this turbulent, and some may say arrogant act of the United States government. From the moment we stared at our computer screens with that F.B.I. Seizure warning, speculations began swirling as to what would happen next. The obvious first take down wer...

Gambling Law & Society News

Winners and Losers of Black Friday

Were one day away from the 5th anniversary of Black Friday – the event that shook up the entire poker world. Literally, in seconds, we saw a complete change to the poker landscape. And while the main culprit of the attack was the United States government, their rash decisions had an effect on the global poker community. Not surprisingly, ripples of this event...

Gambling Law & Society News

Japanese Gambling Regulation Stalls

Japan has long been considered ahead of the times, especially when it comes to technology. Their progressive society has produced some of the world’s greatest creations and helped cultivate imaginative minds. One would think, a country that has vending machines on streets where passer byes can purchase woman’s underwear would be more liberal when it comes to o...

Gambling Law & Society News

PokerStars CEO Steps Down Amid Insider Trading Accuastions

Poker Stars is far and large, the largest online poker brand. They have a choke hold on the market, and have been doing so for years. Some may say they helped create the poker boom back in the early part of this century when Chris Moneymaker and Greg Raymer won the WSOP Main Events in consecutive years. Both eventual champions won their seat into the Main Event p...

Gambling Law & Society News

Garden City Group Remits Another Round of Full Tilt Payouts in the US

Full Tilt poker players that have been waiting to receive payouts for years may be included in this round of payments from Garden City Group, the 3rd party company hired by the US government to handle this process. Full Tilt Poker was seized by the US federal government in 2011 and it’s been quite the lengthy process to pay balances owed to players. Garden...

Gambling Law & Society News

Amaya Faces $290M Judgement Against PokerStars – Update

The case of Kentucky versus Amaya continues as the gaming company appeals the court’s ruling requiring it to pay $870 million as PokerStars’ allegedly offered its services to Kentucky players illegally from 2006 to 2011. The case that was initially based on a $290 million claim was blown up to three times that amount following Amaya’s request for the reconside...

Gambling Law & Society News

Amaya Scooting Full Tilt Poker players to PokerStars

Full Tilt’s performance has been on the decline ever since its 2012 relaunch following the effects of Black Friday. Parent company, Amaya, announced that it will scoot Full Tilt Poker players over to PokerStars as soon as this spring. According to Amaya’s press release: “This platform migration will allow Amaya’s development and technology teams to focus on...

Gambling Law & Society News

Amaya Acquisition Ahead?

The owner of PokerStars and Full Tilt, Amaya Inc., has announced that its chairman and CEO, David Baazov, has plans to make a cash offer to acquire the company. Amaya has been valued at C$21.00 per common share and Baazov is prepared to make a cash bid but no formal offer has been made as described in Amaya’s press release on February 1, 2016. “Amaya Inc. (...

Gambling Law & Society News

Online Poker Legalization for Russia?

News publication Business Insider wrote a piece this week that suggests that the Russian government may be prepared to legalize online poker. The author, Robert Carmona-Borjas, wrote about the possibility of online poker being legalized as a game of skill in Russia so the government can increase tax revenue. Legal expert Alexander Zakondyrin revealed that a...

Gambling Law & Society News

Amaya Meets with PokerStars Players but Change is Not Likely

Amaya’s changes to the PokerStars VIP program have left a bad taste in the mouths of players including the pros. The hot topic this week in poker was the meeting between Amaya and a high stakes player delegation but the lack of public communication from either side has left us all wondering what happened. Both sides said that they are unable to comment due to...

Gambling Law & Society News

Chris Moneymaker Announced as 1st Franchise Holder in New Global Poker League

Alexandre Dreyfus, CEO at Mediarex Sports & Entertainment – GlobalPokerIndex, is making headway with his Global Poker League project having just announced that American poker pro Chris Moneymaker will be the first franchise holder and the debut of HoldemX, which ‘connects the world of video games, social/casual poker and eSports’. The Global Poker League launc...

Gambling Law & Society News

Isaac Haxton Declines Renewal of his PokerStars Team Pro Online Contract

Isaac “Ike” Haxton announced that his PokerStars Team Pro Online contract has expired and he will not be renewing it as he cannot support changes to the VIP program having boldly stated, “I believe PokerStars is behaving unethically”. On Friday Ike tweeted, “I have resigned from PokerStars in protest of the changes to the Supernova and Supernova Elite programs...

Gambling Law & Society News

Amaya Faces $290M Judgement Against PokerStars – Update

The case involving the state versus Amaya’s PokerStars just got three times worse as of Wednesday, December 23, 2015 when a Franklin Circuit Court judge awarded the state $870 million. Judge Thomas Wingate ruled that the state would receive three times the original $290 million judgement in relation to the 2010 lawsuit against Amaya Inc., in which the state cl...

Gambling Law & Society News

Amaya Faces $290M Judgement Against PokerStars – Update

Amaya Inc. addressed the news regarding its lawsuit involving the Commonwealth of Kentucky related to its PokerStars brand. The period in question is from 2006 to 2011, which was three years before its acquisition of the Rational Group brands. Amaya describes the action as “frivolous and without merit”. Franklin Circuit Court Judge Thomas Wingate recently hand...

Gambling Law & Society News

Amaya Faces $290M Judgement Against PokerStars

A 2008 case involving a county in Kentucky and its attempt to seize the international domains of online gambling companies has resurfaced as Franklin Circuit Court Judge Thomas Wingate awards a $290 million judgment against PokerStars and its parent group, Amaya Group Holdings. Amaya certainly intends to appeal the judgement but Judge Wingate settled the 2008...

Gambling Law & Society News

PokerStars Christmas Calendar and the Gift of Danish Licensing

Both PokerStars and its players have plenty to look forward to this holiday season with the Christmas Calendar and its Danish licensing approval. This month players stand to win a total of $2 million in prizes. Open the door to new prizes daily at 00:00 ET each day from your desktop or mobile device. Win fabulous prizes and take part in popular promotions...

Gambling Law & Society News Poker Promotions

Dutch PokerStars Players Not Required to Pay Taxes on Winnings

Dutch players are able to breathe a sigh of relief as the Amsterdam Court of Appeal has ruled that they are not to be taxed on winnings derived from PokerStars.eu. PokerStars player Freerk Post and his legal firm Taxwise advocaten & belasting adviseurs, took the case to court claiming that since Malta is part of the European Union (EU), winning should not be...

Gambling Law & Society News

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