Preet Bharara, the U.S. Attorney best known in the gaming industry for the Black Friday indictments, has launched an investigation in daily fantasy sports. Michael McCann of Sports Illustrated said the news is the "most troubling legal development yet" for the daily fantasy sports industry. According to The Wall Street
Donald Trump has had to defend his history of bankruptcies while owning Atlantic City casinos. In the televised debates, the 69-year old real estate developer and reality TV star defended his use of American bankruptcy laws, highlighting the bankers and financiers who "made a lot of money along the way
Mandiant and FireEye, two American computer security firms, have located a new hacker group called Fin5. The group invaded the security of one online casino and stole at least 150,000 credit cards from the unnamed casino. More astounding, Fin5 is thought to have had access to the casino's database for
The Nevada Gaming Control Board declared on Thursday that daily fantasy sports is a form of gambling. The Control Board announced that companies which accept Nevada players need to be licensed first, or else they will be in violation Nevada state laws. Control Board Chairman A.G. Burnett said all companies
A Philadelphia appellate court voted to reconsider a ruling against New Jersey in its federal sports betting case. The ruling means August's 2-1 decision in favor of the NFL's lawsuit against New Jersey could be overturned. The 3rd Circuit Court of Appeals said back in August that New Jersey's attempt
Jason Chaffetz, who introduced Restore America's Wire Act to the U.S. House of Represenatives, is seeking to become the Speaker of the House. If the U.S. representative from Utah were to become the ranking member of the House of Representatives, the chances of RAWA passing would increase by a significant
The daily fantasy football scandal surrounding DraftKing and FanDuel this week has led to lawsuits, op-ed articles, and calls for regulations from U.S. officials. It would be hard to give a quick recap of the various opinions published, but a review of the possible regulations might be feasible, and is
Steve Wynn filed a libel on Thursday lawsuit against "unknown defendants" for leaking the subpoenas involved with the City of Boston's ongoing lawsuit against the Massachusetts Gaming Commission. Boston's suit stems from the MGC's handling of the license process which ended with Wynn Resorts being given a license for Everett,
A law designed to help Atlantic City casinos might soon be signed into law in New Jersey. The bill has passed in the legislature and Gov. Chris Christie could soon sign the "Britney Bill" into law in the state of New Jersey. The bill is designed to lure A-list entertainment
The New York Attorney General, Eric Schneiderman, on Tuesday sent a letter to FanDuel and DraftKings informing them he was ordering an investigation in the recent controversy involving the daily fantasy sports services. Schneiderman asked for the names, job titles, and job descriptions of the employees who complile and aggresgate
Milton McGregor is preparing to reopen VictoryLand's gaming area after an Alabama judge said the state's closure of its casino operators was discriminatory. Alabama Circuit Judge William Shashy used the term "cherry picking" to describe Alabama's enforcement of its own gambling laws. The state shut down VictoryLand in 2013. VictoryLand
Resorts Casino owner Morris Bailey, whose casino will partner with PokerStars, spoke about the decision of the Division of Gaming Enforcement this week to approve PokerStars for the New Jersey gaming market. Bailey said he was looking forward to launching the new service after the standard test pariod. Testament to
