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There was some serious jumbling of the standings in the Global Poker League’s Week 4, as we are still early enough in the season that any hot or cold week by a team can result in major changes to the standings. The Montreal Nationals continued its weekly trading of the top spot with the New… Read more »
I got into the poker industry and the writing part of it, specifically, by a happy accident back in 2005. In the eleven years since, I have generally been able to write what I want on my own terms. There have been those rare times, however, when I have been told to stay away from… Read more »
These sorts of stories seem to play out way too often. Online poker room goes out of business, customers are left holding the bag. In the ongoing case of Europoker.com, though, the story is slightly different. Europoker’s ownership actually has the ability to pay out player deposits; it is the extra goodies that are at… Read more »
Week 2 of the 2016 Global Poker League begins today with another four six-handed Sit-and-Go’s on tap. As will be the case every week of the regular season, the Eurasia Conference will go first with tourneys at noon ET and 1:40pm ET, followed by the Americas Conference at 3:30pm ET and 5:10pm ET. The New… Read more »
This weekend marks the end of the college basketball season and with it, the end of college sports contests on daily fantasy sports (DFS) sites DraftKings and FanDuel. The two DFS leaders announced Thursday that after Monday’s championship game of the men’s NCAA basketball tournament, they will cease offering contests on college sports. Gambling on… Read more »
On Friday, Massachusetts Attorney General Maura Healey filed her final regulations for the daily fantasy sports (DFS) industry in her state, making it the third state to implement DFS regulations. All three have happened very recently, with both of the others – Virginia and Indiana – passing their regulations this month. Healey initially proposed DFS… Read more »
David Baazov, the president, CEO, and board chairman of Amaya Inc., the parent company of PokerStars, has charged by Quebec’s Autorité des marchés financiers (the “AMF”) with five securities fraud charges related to Amaya’s acquisition of PokerStars parent company, Rational Group, in June 2014. The AMF began its investigation in late 2014, an investigation which… Read more »
On Monday, DraftKings, FanDuel, and the New York State Office of the Attorney General announced that they have reached a settlement in the legal battle over daily fantasy sports (DFS) in the Empire State. In exchange for the two DFS leaders withdrawing from the New York market until at least September, NY AG Eric Scheiderman… Read more »
There are thousands of you out there in the interwebaverse who get tucked into bed every night, cozy and content in the knowledge the Full Tilt funds you once had frozen after Black Friday are now safe and sound in your bank account (until an international hacking syndicate takes down the U.S. banking system, resulting… Read more »
A ridiculously trivial legal case hit another milestone last week as the Amsterdam Court of Appeal ruled against two café owners who were arrested back in 2007 (yes, we’re going back almost a decade) for running a €10 re-buy poker tournament at their establishment. Richard Blaas and Rene Kurver owned the Amsterdam’s Café de Viersprong… Read more »
The Georgia Attorney General’s office has determined that daily fantasy sports (DFS) are illegal in the state, that according to a letter from Deputy Attorney General W. Wright Banks, Jr. to Georgia Lottery Corporation Senior Vice-President and General Counsel Joseph Kim on Friday. Kim had previously requested clarification of Georgia gambling law, asking if DFS… Read more »
On Friday, February 5th, sports fans in the United Kingdom joined those in the United States and Canada in having access to daily fantasy sports (DFS) leader DraftKings. DraftKings originally applied for a gambling license back in June 2015 and was awarded the license in August. At the time, the company said that it anticipated… Read more »
The Los Angeles Times is fully aboard the online gambling train, publishing an editorial Saturday in which the Times Editorial Board calls for the regulation and licensing of all internet gaming sites. Daily fantasy sports are the hot topic nowadays in the online gambling (or skill game, depending on your position) arena and several state… Read more »
Texas Attorney General Ken Paxton issued a written opinion Tuesday, declaring daily fantasy sports (DFS) to be illegal under current state law. The two leading DFS sites, DraftKings and FanDuel, have both issued statements disagreeing with Paxton, but it does not appear that either intends on withdrawing from the state any time soon. It does… Read more »
Daily fantasy sports (DFS) leaders DraftKings and FanDuel can continue to operate in the state of New York for at least half a year, as a four-judge state appellate panel issued a permanent stay Monday against an injunction issued against the sites. That injunction was levied a month ago by New York Supreme Court Judge… Read more »
It looks like New York Attorney General Eric Schneiderman has three-bet daily fantasy sports (DFS) leaders DraftKings and FanDuel and is putting their tournament lives at risk. Less than two months after filing numerous complaints against the two companies, including charges of illegal gambling and advertising fraud, the AG has amended the complaint in an… Read more »
It looks like the Massachusetts State Lottery Commission (MSLC) may be taking the “if you can’t be ‘em, join ‘em” stance when it comes to online gaming. In late December, the MSLC issued a Request for Information (RFI), inviting (preferably) qualified companies to submit proposals with ideas for how the Lottery can increase its presence… Read more »
Last Wednesday, Illinois Attorney General Lisa Madigan proclaimed that daily fantasy sports (DFS) are illegal under current state law and while she did not take immediate action against any sites, namely DFS industry leaders DraftKings and FanDuel, she did tell them that she expected them to leave the market posthaste. Both sites announced their intentions… Read more »
DraftKings and FanDuel refuse to go gently into that good night. After Illinois Attorney General Lisa Madigan ruled that daily fantasy sports (DFS) equated to illegal gambling under state law, the two DFS industry leaders are gearing up for a fight, rather than withdrawing from the market. Madigan cited a fairly simple-looking section of the… Read more »
Illinois Attorney General Lisa Madigan ruled Wednesday that daily fantasy sports are illegal gambling under current Illinois state law. She did not go so far as to order DFS sites out of the site as New York Attorney General Eric Schneiderman did, but one could probably assume that she would recommend that course of action.… Read more »
Completing a long process, the New York Gaming Commission finally handed out three casino licenses Monday, marking the next milestone in the expansion of land-based gambling in the Empire State. The commercial casinos were authorized by a bill back in 2012, but it took until a year ago for three casinos to finally receive approval.… Read more »
Paysafe Group Plc, parent of e-wallets NETeller and Skrill, has acknowledged that millions of customers had their personal information put at risk during two hacking events in 2009 and 2010. The admission of the hacking comes about a month after the initial revelation of the data breach. A total of 7.8 million Paysafe customers had… Read more »
They say the value of something is whatever someone else is willing to pay for it. All it takes is one person to REALLY want something for the price to skyrocket (well, maybe two people, as only a fool would bid against himself). So when you think of the kitchy dogs playing poker paintings, don’t… Read more »
A British teenager received a minimal punishment for bringing down an online gambling site, though he was also given a stern tongue-lashing from the judge. In early 2014, Max Whitehouse, then 17-years old, initiated a Distributed Denial of Service (DDoS) attack against a European online gambling site. The Nottingham teen created problems for the UK-facing… Read more »
Daily fantasy sports are fun, but the industry in the United States is quickly turning into a mess. Sites are being forced out of individual states, class action lawsuits are being filed, and major sites are being investigated for the legality or potential lack thereof. And now one of the two leading DFS sites is… Read more »
