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» Morgan Stanley Sees US iGaming Market Worth $2.7bn By 2020

Morgan Stanley Sees US iGaming Market Worth $2.7bn By 2020
Written by B. Solomon | Friday, April 3rd, 2015

Back in 2013, Morgan Stanley estimated that the US online gambling industry would have a value of $9.3 billion by 2020, but ever since the financial services corporation has been slashing its forecasts, with its latest prediction having now been reduced to just... 

US Man Told $500k Winning Scratch Card A Misprint
Written by A. Mitchell | Friday, January 9th, 2015

On December 6th, New Mexico resident John Wines got the biggest surprise of his life after buying a $20 “Ruby 7s” scratch card at a gas station, which subsequently revealed five winning numbers for a massive windfall of $500,625. Unfortunately, Wines’... 

Fantasy Sports Now A Cultural Phenomenon In The USA
Written by B. Solomon | Monday, December 29th, 2014

Over the past couple of decades fantasy sports have become somewhat of a cultural phenomenon stateside, and each year around 41.5 million US players pretend to be the owners of imaginary football, baseball, and basketball sports teams and gamble billions of dollars... 

PayPal Return A Game Changer For US iGaming
Written by B. Solomon | Thursday, August 21st, 2014

Recently Chris Grove on Online Poker Report stated online processing company Paypal would make a return to US iGaming “in the coming months.” That rumours has now taken a step closer to reality after Chris Krafcik from Gambling Compliance tweeted yesterday: “#NewJersey... 

Poker Stars Post Bail For Illegal Sports Betting Suspects
Written by A. Mitchell | Monday, August 4th, 2014

A number of top poker professionals have put up millions of dollars of their own money in order to bail out a group of Asian men involved in an alleged international sports betting ring. Between them, Phil Ivey, Andrew Robl and Daniel “Jungleman12” Cates have... 

US Supreme Court Declines NJ Sports Betting Case
Written by B. Solomon | Thursday, June 26th, 2014

New Jersey has failed in its attempt to have the ‘Professional and Amateur Sports Protection Act’ (PASPA) overturned. In 1992, PASPA limited sports betting to just four US states, namely Nevada, Delaware, Oregon and Montana, but two years ago New Jersey... 

Borgata Casino Sued For Cancelled Poker Tournament
Written by S. Taylor | Friday, May 16th, 2014

Back in January, the 2014 Borgata Winter Poker Open in Atlantic City was cancelled after a large number of counterfeit chips were discovered to have been used during the $560 NLHE Re-Entry tournament. In April, the New Jersey Division of Gaming Enforcement (DGE)... 

Illegal Sweepstake Cafes Targeted By US States
Written by B. Solomon | Wednesday, March 26th, 2014

As US states debate the merits of permitting igaming within their borders, residents continue to gamble on unlicensed offshore websites from the comfort of their own homes or alternatively at illegal gambling operations known as ‘sweepstakes’ cafes.... 

English, Welsh Slots Gamblers To Set Own Time And Money Limits
Written by B. Solomon | Friday, February 28th, 2014

As part of its ongoing efforts to promote responsible gambling, the Association of British Bookmakers (ABB) has introduced a new code of conduct which allows gamblers to set limits on the amount of time and money they spend on high-stakes gaming machines located... 

Forgetful Poker Pro Leaves $300k In Back Of Taxi
Written by A. Mitchell | Thursday, December 26th, 2013

On Monday, 23rd December, a forgetful poker pro gave a Las Vegas cab driver a huge surprise after leaving a brown paper bag containing $300,000 in cash on the back seat of his vehicle. All that is known about the owner of the cash is that he is a 28-year-old famous...