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Legal News Archives - Page 25Casino City Gang -- Give me the money edition2 August 2012
Casino City's Vin Narayanan and Aaron Todd discuss PokerStars settling with the Department of Justice and buying Full Tilt Poker, the DOJ's role in paying American Full Tilt players their money back, the Golden Nugget suing gamblers for winning lots of money because an automatic shuffler didn't work, how sportsbooks should handle the badminton mess at the Olympics, and make their best bets on the Olympics.
Perspectives Weekly: Zynga and tribes working towards online poker1 August 2012
This week, J Todd has news about Zynga's plan to launch real-money online poker games and a possible Native American poker bill in the U.S.
PokerStars settles dispute with U.S., acquires Full Tilt Poker assets31 July 2012
As part of a settlement agreement with the U.S. Department of Justice, PokerStars has acquired the assets of Full Tilt Poker, and all Full Tilt players with balanced owed will have a chance to request payment.
DOJ announces $731 million settlement with PokerStars and Full Tilt Poker31 July 2012
The settlement requires PokerStars to forfeit $547 Million, Full Tilt to forfeit virtually all of its assets, and funds will be made available for U.S. and international players.
PokerStars settles with DOJ, buys Full Tilt Poker31 July 2012
PokerStars will pay the DOJ $547 million as part of a settlement agreement. Part of that money will be used to pay money owed to American players by Full Tilt Poker. American players owed money will have to apply to the DOJ for reimbursement.
Perspectives Weekly: Heart attack edition25 July 2012
Rumor has it that J Todd is recovering from a heart attack. Could the online gambling news be that exciting? Maybe it was one too many bacon sandwiches. We also have stories from the horse racing industry, rumors about poker legislation, and another sentence in a Black Friday case.
Perspectives Weekly: Ray Bitar, William Hill, and more action in Nevada18 July 2012
This week, J Todd looks at two companies taking the next step to get licensed for Internet gambling in the state of Nevada. Plus, Ray Bitar is out on bail, and William Hill wants social gaming regulated.
Perspectives Weekly: Ray Bitar busted11 July 2012
This week's top online gambling news includes the surrender of Full Tilt poker founder Ray Bitar to authorities in New York. Also, headlines from 888.com and Zynga.
Casino City Gang: Look at what I won edition5 July 2012
Casino City's Vin Narayanan and Aaron Todd discuss Antonio Esfandiari's victory in the $1 million Big One for One Drop at the World Series of Poker, what playing in a smaller event at the WSOP is like, the arrest of Full Tilt Poker CEO Ray Bitar and make their best bets.
APCW Perspectives Weekly: Online Gambling Bill Passes in Delaware!4 July 2012
Online Gambling has been legalized in the state of Delaware, nearly six years after the passage of the UIGEA. Not only that, but Nevada has started to issues online poker licenses to gaming companies in the state!
Full Tilt's Ray Bitar in FBI custody2 July 2012
Full Tilt Poker CEO Ray Bitar was indicted on April 15, 2011, on charges of bank fraud, money laundering, illegal gambling offenses and violating the Unlawful Internet Gambling Enforcement Act (UIGEA).
PPA: Lame duck session only hope for U.S. online poker1 July 2012
The message from today's Poker Players Alliance town hall today was clear: The best -- and perhaps only -- chance to pass federal legislation regulating online poker this year will come in the lame duck session of Congress after the November elections.
Casino City Gang -- All in edition28 June 2012
Casino City's Vin Narayanan and Aaron Todd discuss Delaware passing online gambling legislation, try to unravel on of the weirdest hands the World Series of Poker has seen and look at William Hill's strategy in the U.S. They also make their best bets.
Perspectives Weekly: Advertisement double standard edition27 June 2012
J Todd reports on how gambling companies are using free play and social gaming to prepare for the possibility of American regulation of online gambling and whether advertisements for the gambling industry should be held to a higher standard.
Delaware Senate OKs online gambling27 June 2012
The Delaware Legislature has passed a bill that would allow table games, video lottery games, and traditional lottery games to be offered online.
Regulators OK interactive gaming license for Bally Technologies, IGT22 June 2012
Bally Technologies received the initial unanimous approval from the Nevada Gaming Commission, followed by rival International Game Technology about 45 minutes later.
Casino City Gang: I'll Have Another Verbal Declaration edition7 June 2012
In this week's podcast, Casino City's Vin Narayanan and Aaron Todd discuss the verbal declaration "rule" at the WSOP, the mess created by Purple Lounge's bizarre route to bankruptcy and this weekend's Belmont Stakes. They also make their best bets.
APCW Perspectives Weekly: Time to pay up in Spain6 June 2012
In this week's Perspectives Weekly, J Todd explains why with the Spanish online gambling market opening up, it's also time for all the would-be license candidates to pay up. Plus, he offers his unique take on bwin.party paying out $50 million for social gaming.
William Hill shuts down Australian betting website5 June 2012
Pulling out of Australia might be connected with the company's desire to do business in Nevada.
Top-10 ridiculous gambling laws4 June 2012
Gambling laws can be the most arcane and unreasonable laws on the books, whether they be at the local, state or federal level. Here are 10 of the most ridiculous offenders.
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