PayPal, the largest online cash transaction company on the planet, may extend services to regulated US gaming sites. PayPal already authorizes payments in select foreign jurisdictions, but previously has viewed American gaming transfers to be dangerous legal ground. If PayPal joins in the American online gambling industry, it's a good
Updating a previous story, Governor Chris Christie voted legislation which would have allowed for sports wagering in New Jersey. If Christie had signed the bill into law, New Jersey would have been licensing activities in violation of federal gaming laws. Christie vetoed the bill late on Friday, after deciding legal
Monday is the deadline for when New Jersey Governor Chris Christie can submit a new bill to legalize sports betting in casino and at racetracks in the state. Christie has been a supporter of licensed sports wagers since it became a hot-button issue early in his administration. Two years ago,
Each February, NFL fans across the nation ready themselves for 6 months with no meaningful football. As America's most popular sports, sports books see a decline in sports betting as soon as the Super Bowl is finished. When August rolls around, the league schedules a month of meaningless football. The
Avery Bass won the opening event of the later season of the World Series of Poker Circuit this last weekend. The tournament, which took place at the Palm Beach Kennel Club in West Palm Beach, Florida, begins the 11th season of the WSOPC. Avery Bass won his first live tournament,
The Atlantic County Mayors Association recently voted to oppose the initiative to bring casinos to North Jersey. The association opposes any New Jersey casino building outside of Atlantic City, saying such initiatives would undermine decades of investment in the resort city. The meeting was held on the evening of Friday,
Borgata, the most successful of New Jersey's legal online gambling ventures, reported an operating loss of $1.8 million in the recent fiscal quarter, which ended on June 30. The company gave good-and-bad news, as it stated that the company broke even for the first time in July. This was described
Australian casino gaming billionaire James Packer's company bought a site on Las Vegas Boulevard in hopes of breaking into the US gaming market. Packer is the CEO of the Crown Limited Group, the leading casino gaming developer in Australia. He paid $260 million for the 34.6-acre vacant site once occupied
Three more men arrested in the Paul Phua sports betting case have been released on bail, thanks to the professional poker player community. The bail money was posted by Phil Ivey and Dan Cates. In total, the two men posted $3 million in bail for the three men, who are
New Jersey State Senate President Steve Sweeney has revealed his plan for expanding casino gambling into North Jersey. The plan was revealed in Sweeney's op-ed piece in the Press of Atlantic City. In the article, Sweeney discussed Atlantic City's role as an economic generator since 1978, when casino gambling was
In the coming months, officials in New York will decide whether the Genting Group out of Malaysia can build the proposed $1.5 billion Sterling Forest Resort in Tuxedo, New York. While the plan is being considered, a cross-section of environmentalists and state officials are afraid the development could threaten North
The U.S. Department of Homeland Security has taken Paul Phua and Darren Phua into custody. The father and son at the heart of the Caesars Palace illegal gambling ring had been free on bail in Las Vegas, awaiting an early August court date. Paul Phua is a known professional poker
