PokerStars Founder Plead Guilty and Faces Prison

In one of the last chips to fall from the Black Friday fiasco years back, the PokerStars founder plead guilty to operating an illegal online gambling business and could go to prison. Isai Scheinberg entered his plea in a New York federal court earlier this week.. The plea comes two months after the 73-year-old duel citizen of Canada and Israel originally surrendered to U.S. authorities. He was released on $1 million bail after initially pleading not guilty to all charges. Scheinberg is now facing up to five years behind bars. Scheinberg founded PokerStars in 2001 and continued to operate in…

SiGMA – The World’s iGaming Festival

The World’s iGaming Festival is scheduled for June 8th and 9th, 2020, at the SMX Convention Center, Manila. SiGMA Manila, in conjunction with ICE Asia, expects to welcome 10,000 delegates, offering the chance to network with leaders in the iGaming industry, strike deals with the biggest brands, engage the leading suppliers, and secure support from the affiliates that matter. Register Here! As a joint venture between SiGMA Group and Clarion Gaming, the event will cater for both the land based gambling sector as well as the iGaming sector, with online suppliers, operators, affiliates, regulators and blockchain businesses all being housed…

online gambling

States Could Look to Online Gambling as a “Savior”

Some casinos in America are starting to re-think this whole online gambling thing. Many have resisted the move, usually based on scare tactics implemented by multi-billionaire casino moguls (think Sheldon Adelson). But as the times change and pandemics change our world, even the biggest opponents may soon be faced with a serious economic choice. In states like New Jersey, Pennsylvania, Nevada and Delaware online gambling casino, poker or some combination of all three can be played from the relative safety of a living room via computer or mobile device,is legal and regulated. Any impacts from the Coronavirus shutdowns could be…

Coronavirus May Push Legal US Online Gambling

Will it take a pandemic to legalize US online gambling? Last week Las Vegas shut down. Every casino shut their doors. And not just in Nevada, but all across America. Casinos are closed for business. There is an obvious benefit here for online casinos, poker rooms and sports books, but so many of those are offshore. Only a few states have regulated internet betting, but an industry trade group thinks the global virus scare could change that. iDevelopment & Economic Association is now pushing states to allow online casino games to replace their disappearing revenue. This includes exploring how governors…

New Jersey

New Jersey Gaming Revenue Keeps Growing in 2020 

The New Jersey Division of Gaming Enforcement (DGE) has shared the latest Total Gaming Revenue Results report, confirming that the gambling market (both online and brick and mortar casinos) in the Garden State remains strong and continues to grow steadily. Let’s not forget that Atlantic City is almost as famous as Las Vegas, and gambling has been legal since 1976. In February 2020, the Total Gaming Revenue was $287.3 million, 19.1% more compared to the same month last year ($241.2 million). Broken down by industry, the results are as follows: Casino Win: $218.3M (11% more than in the same month last year);…

GolfBet and the PGA Bring Sports Betting to Golf

Fans of the Professional Golf Association and sports betting rejoice! The Golfbet app will soon be available, powered by the Action Network! Norb Gambuzza, the PGA Tour’s Senior VP of media and gaming added that this partnership allows fans to access much deeper information than they would normally have access to while placing their bets. He added that golf was a perfect sport for in-play betting, which is a relatively new market in the US, and so GolfBet can help customers become more familiar with the format. Golfbet will be available on the network’s website and app, and will include…