Poker News - Laws, Regulation & Legislation

Processing Troubles Surround Internet Betting Transactions

Friday, 15th November 2013

Though real money online betting is now legalized in three states – Delaware, New Jersey, and Nevada – not all banks are willing to process the related financial transactions, this according to a report Friday by Bloomberg. PayPal, American Express, and others denying transactions Major banks like Wells Fargo, American

Full Tilt Remission Deadline This Weekend

Thursday, 14th November 2013

This weekend is the deadline for any former Full Tilt Poker accountholders in the United States who would like to file a claim to receive remissions to do so. November 16 – this coming Saturday – marks the last day that players can submit an application to recover their funds.

Wynn Drops PA Casino Plan, Citing NY Expansion

Tuesday, 12th November 2013

With big plans to build one of his signature bronze curtain glass casinos in Philadelphia, Steve Wynn earlier this year was touting the ability of new casino development in Philadelphia as having the ability to bring back a lost standard of glitzy, luxurious urban casino resorts. That vision is apparently

NJ Players Can Self-Exclude from iGaming Sites

Monday, 11th November 2013

As New Jersey residents gear up for the November 26 launch of real money online betting web sites, Garden State gaming regulators have turned their attention to one of the potential downsides of increased access to gambling – problem gambling – and have announced that those who wish to prohibit

Revel Atlantic City May Soon Be Up For Sale

Sunday, 10th November 2013

Revel Atlantic City, which was bankrupt within a year of its opening to much fanfare in Spring of 2012, may soon go up for sale, according to a recent report by Bloomberg News. The operators of Revel are said to be “exploring strategic options” as they work to move the

Several Companies Issued New Jersey Approvals This Week

Saturday, 09th November 2013

With only two weeks to go before the soft launch of real money regulated online betting sites in New Jersey, this week saw a flurry of licensing approvals, with the first offshore-based companies getting the go ahead from Garden State regulators, according to the Chicago Tribune. Companies that received transactional

New York State Casino Plan Moves Forward with Voter Approval

Friday, 08th November 2013

A plan in New York state to add seven land-based casinos won the approval of voters there this past Tuesday, and the construction of those properties could be yet another thorn in the side of Atlantic City, according to the South Jersey Times’ nj.com. Constitutional¬†amendment clears the way for upstate

Latest Chapter for Atlantic Club is Chapter 11

Thursday, 07th November 2013

The Atlantic Club Casino Hotel in Atlantic City has been successful at one thing this year: keeping its name in the headlines. News broke this week that the ailing land-based casino filed for bankruptcy protection yesterday. The Wall Street Journal is reporting that the move is a precursor to a

Atlantic City’s Newest Woe: Casino Values Decline

Tuesday, 05th November 2013

It seems that every month brings a new set of woes for Atlantic City. Revenue there has declined there every single year since peaking back in 2006, largely owing to ever-increasing competition for gamblers and their spare dollars, and now the casinos have a new concern – the declining value

Suffolk Downs Flying Solo in Tomorrow’s Election

Monday, 04th November 2013

Left without a casino partner after it was forced to jettison Caesars Entertainment when Massachusetts gaming regulators – quickly gaining a reputation for being extra-stringent – uncovered alleged criminal connections to an investor involved in a Nevada casino redevelopment project, East Boston racetrack Suffolk Downs will be going it alone