December 2014 – Internet Gambling

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Online Poker Rocked by Scam in Denmark

The internet has been subjected to a number of hacks of late in the entertainment world and now it has been revealed that high stakes online poker games have been subject to computer fraud involving a so called Trojan horse. A group of high stakes online cash game players, from Denmark, recently notified the Economic […]

New Jersey Online Poker Revenues Hit Another All-Time Low

For the second consecutive month, online poker revenues in the state of New Jersey have fallen to their lowest levels since the state began offering online poker at the end of November last year. According to figures released by the New Jersey Division of Gaming Enforcement on Friday, revenue fell by $90,301 or 4.59%, […]

Police And Securities Regulators Raid Amaya, Owner of PokerStars

Federal Canadian police officers and provincial financial markets regulators on Wednesday raided the headquarters of Amaya, the Montreal-based owner of PokerStars, and two financial firms, as part of an investigation that Amaya says is related to trading in its securities surrounding its $4.9 billion acquisition of Rational Group earlier this year.

Nevada online poker revenue falls to lowest level since February

According to figures released by state gaming regulators, Nevada’s online poker industry yielded $665,000 in revenue in October, the lowest figure since the state began releasing revenue data for its web poker sites in February.

Congress must act to stop Internet gambling

Despite fervent warnings from law enforcement, Internet gambling — accessible anywhere and by anyone — appears to be moving forward full tilt. On Nov. 26, New Jersey joined Delaware and Nevada in offering legalized Internet gambling. Cash-starved states are eyeing it as a new source of revenue, with California expected to consider the issue next […]