Legal

Michigan Online Gambling Hearing Today at State Capitol Bears a Solid “Maybe”

A Michigan online gambling bill was heard by the State Senate’s Regulatory Reform Committee today at the State Capitol Building in Lansing. Authored by State Senator Mike Kowall (R-District 15), Senate Bill 889 would allow...

Larry Flynt has his Eyes Set on Troubled California Card Club?

Larry Flynt has made his mark on the gambling and pornography industries during his 73-year life. But, according to sources, he has another big project in store. This time, the adult industry mogul allegedly has plans to overtake...

New Jersey Online Poker Boss Says Licensing Gray Market Operators is Gray Process

New Jersey online poker is experiencing its first-ever renaissance largely thanks to welcoming PokerStars to the confined Internet gambling territory. Revenues and profits soared in March, and the outlook is bright for the three...

Pensioner Accused of Poker Shooting Over Stolen Bankroll

A poker shooting in Tuscaloosa, Alabama, between two retired pensioners has left one woman facing charges of attempted murder and one man with a hole in his leg. Ethal Barron of Tuscaloosa was arrested by local police earlier...

California Online Poker Hearing Slated for April 27, Delaware Records Strong March Revenues

California online poker will have yet another day in Sacramento when the State Assembly’s Governmental Organization (GO) Committee hears a bill on April 27. First introduced in February by Assemblymen Adam Gray (D-District...

Amaya Stock Downgraded by Moody’s as Insider Trading Allegations Linger

Amaya stock is currently listed at $11.71 on the Nasdaq stock exchange, 17.5 percent lower than it was earlier this week. Trading is closed Friday to honor the Christian holiday Good Friday, but when the market reopens on Monday,...

Insider Trading Charges Aimed at Amaya CEO David Baazov by Quebec Regulators

Insider trading charges are serious business, and today is probably not the best day ever for Canadian gaming company Amaya’s CEO David Baazov. In the same week that Amaya launched its US PokerStars client in the now legal and...

5Dimes Allegedly Using Amazon Gift Certificates to Launder US iGaming Funds

5Dimes, a Costa Rican online gambling site and poker room, has been accused of offering unlicensed real money betting options to US residents through an elaborate scheme involving Amazon gift certificates. Although many members...

Detroit Home Game Robbers Sentenced

Two Detroit poker robbers were sentenced this week for their part in an armed robbery on a home game in the area last summer. Toursean Carnail-Lavan Pressley and Jemantae Kayon Perkins, both 23, were part of a gang of five men...

Amaya Seeks Independent Valuation Ahead of Baazov’s $3 Billion Bid

Amaya may not have received a formal takeover offer from its CEO David Baazov yet, but that hasn’t stopped the board from employing global independent investment bank Moelis & Company to value the company. News of a...