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State of Opportunity
May 16, 2014
State of Opportunity
Online gambiling is up and running in New Jersey and it’s off to a strong start, providing a welcome shot in the arm for ailing Atlantic City. Lawyer Sarah Coffey offers some early analysis. Gambling-Insider-State-of-Opportunity
$76 Million Distributed in Full Tilt Poker Restitution
Mar 1, 2014
$76 Million Distributed in Full Tilt Poker Restitution
We have previously reported on the arrangements being made by the Garden City Group for remittance of money to the former customers of Full Tilt Poker. Since that time, there has been a lengthy process for the submission of claims to the group for administration. It appears that players’ waiting has not been all for…
Full Tilt Poker Remission Process for Players Expected to Begin ‘Shortly,’ and on Favorable Terms
Aug 2, 2013
Full Tilt Poker Remission Process for Players Expected to Begin ‘Shortly,’ and on Favorable Terms
More than two years after “Black Friday” – the day on which federal prosecutors shut down the U.S. operations of Full Tilt Poker and other major online poker providers and seized billions of dollars in assets – it appears that the final chapter in that enforcement action may soon be written. The Garden City Group,…
Let the Games Begin: Legal Online Poker Starts Up in Nevada
May 1, 2013
Let the Games Begin: Legal Online Poker Starts Up in Nevada
April 30 was an historic day for online poker players in the United States. Just a bit more than two years after the indictment and civil cases that were termed “Black Friday” shut down the industry, Ultimate Poker became the first live real-money online poker site in the United States after Black Friday. Nevada became…
Facebook Takes Steps to Expand Presence in Real Money Gaming
Feb 11, 2013
Facebook Takes Steps to Expand Presence in Real Money Gaming
Facebook is quickly expanding its real money gaming platform. Net Entertainments has signed a license agreement with Bonza Gaming, which is a joint venture between gaming publisher Plumbee and online gaming operator Sportingbet. Under the agreement Net Entertainment will offer a range of casino games to Bonza Gaming, which will create an app, Bonza Slots,…
N.J. Again Passes Online-Poker Bill; Decision Now in Governor’s Hands
Dec 20, 2012
N.J. Again Passes Online-Poker Bill; Decision Now in Governor’s Hands
New Jersey could soon become the third state to legalize online gaming within its borders. Its State Senate on December 20, 2012, voted 33-3 to legalize online poker in the state. The General Assembly had previously approved the bill by a vote of 48-25-3. The bill was able to achieve significant bipartisan support in both…
Reid-Kyl Bill Would Legalize Online Poker at Federal Level
Oct 24, 2012
Reid-Kyl Bill Would Legalize Online Poker at Federal Level
A draft of the online poker bill that Sen. Harry Reid (D-Nev.) and Sen. Jon Kyl (R-Ariz.) plan to introduce was released this week. The bill, known as the “Internet Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2012” would legalize online poker at the federal level, a step that became possible last…
Founding Partner Jeff Ifrah: Why the DOJ Settlement With Poker Stars is a Win-Win
Sep 7, 2012
Founding Partner Jeff Ifrah: Why the DOJ Settlement With Poker Stars is a Win-Win
When online gaming is successful, Ifrah says, players participate in all aspects of the industry – including in the casinos. This is a great development for the gaming industry and great for business and for the nation’s economy.
Department of Justice Enters Historic Agreement with PokerStars, Full Tilt Poker
Jul 31, 2012
Department of Justice Enters Historic Agreement with PokerStars, Full Tilt Poker
Full Tilt Poker, PokerStars, and the U.S. Department of Justice announced today that PokerStars will acquire Full Tilt Poker’s assets in a transaction that ends the DOJ’s civil forfeiture case against Full Tilt. Both Full Tilt and PokerStars ran online poker sites in the U.S., and in 2011 the DOJ charged both of them with…
After Legislature Acts, Delaware Ready to Become 2nd State to Legalize Online Gaming
Jun 29, 2012
After Legislature Acts, Delaware Ready to Become 2nd State to Legalize Online Gaming
Delaware is now poised to become the second state to legalize online gaming. On Wednesday, that state’s Senate passed a bill that would legalize web table games, including poker, video lottery games, and traditional lottery games to be offered online. Democratic Governor Jack Markell supports the bill and is expected to sign it into law…
