Bitcoin No Liberty Reserve: Shutdown to Affect Only One Online Casino
Anonymous payment solutions company, Liberty Reserve, has been shut down by federal authorities out of the Southern District of New York on Tuesday.
The indictment alleges Liberty Reserve, a company incorporated in Costa Rica, has for years operated as one of the world’s largest digital currencies. Law enforcement refers to the company as a “PayPal for criminals” that allegedly laundered money to the tune of $6 billion over the past 7 years.
Real Money Online Slots: Achilles, Hillbillies, Funky Monkey, Caesar’s Empire
Real money online slots were available from Win Palace Casino, featuring such Real Time Gaming classics as Achilles, Caesar’s Empire, Funky Monkey and more.
Federal Internet Poker and Casino Bill Intro Pushed Back a Few Weeks
The introduction of a bill to legalize Internet poker and online casinos in the USA will not take place before the end of May but instead is anticipated within the next two to three weeks (June 2013).
“The Internet casino and poker bill will not be ready for introduction before congress adjourns for Memorial Day recess,” John Pappas of the Poker Players Alliance announced this week.
US Online Casinos – Win Palace Accepts American Players
US online casinos for real money include WinPalace Casino, which is offering up to $1000 in FREE BONUS MONEY.
Some of the advantages of playing at this US-friendly online casino include:
Supporting both downloadable software and the ability to place a wager without a download, credit cards accepted and a massive offering of Real Time Gambling (RTG) casino games.
Bitcoin Economy Now Worth $1 Billion
The Bitcoin economy is now worth a whopping $1 billion and, despite a few near death experiences, continues to grow.
This past weekend, some 1000 people attended the Bitcoin 2013 event in San Jose, California.
Skrill Unauthorized Logins Have Online Gamblers Worried
A spate of reported unauthorized Skrill logins have the online gambling community on edge.
Skrill, formerly known as Moneybookers, is a popular money transfer platform for those gamblers living outside the United States. It is similar to PayPal.
Is This the Beginning of the End of MCC 7995 for Online Gambling in Regulated States
The new Ultimate Poker, Station Casino’s online poker property, is now accepting Mastercard transactions, making them the first licensed poker room in the United States to do so.
iGaming Super Show Amsterdam 2013 Lands GCB’s AG Burnett as Speaker
iGaming Business have announced that AG Burnett, Chairman of the Nevada State Gaming Control Board (GCB), will be speaking at the iGaming Executive Conference. This C-level, invite only event is one of the seven concurrently-held conferences that take place on June 12th as part of the iGaming Super Show, which is being held in Amsterdam on the 11th – 14th June 2013.
Blue Monday’ Online Gambling Beneficiaries Jailed, Forced to Resign
It’s been nearly two years since close to a dozen online gambling domain names were seized as part of a payment processing sting operation.
Queen’s Speech: ‘All UK Gambling Companies Must Have License’
Online gambling companies will not be able to advertise their products in the UK without the proper license.
The Queen’s Speech outlined the new requirements.
Canadian Government Caught Off Guard by Bitcoin Emergence
OTTAWA – (Canadian Press) - Canadians buying and selling an emerging digital currency are running afoul of established banks and operating in uncharted territory for financial regulators.
"The Canadian government doesn't know what a Bitcoin is, doesn't recognize the Bitcoin, and there's no regulatory agency that knows what a Bitcoin is," said Joseph David, the owner of VirtEx.
His Calgary-based website lets Canadians trade Bitcoins through an online market similar to a stock exchange. David said the two-year-old company facilitated $15 million in transactions this year.
Will BuddyBet be the Next Social Online Gambling Phenom
Social gambling website BuddyBet has secured $3 million in funding from private investors.
BuddyBet lets buddies play against one another as opposed to playing against the actual website or a bookmaker. The site itself focuses exclusively on sports betting but will move into other sectors in the coming months.
VentureBeat.com explains the BuddyBet concept:
Online Jackpot Games to Offer $2 Million at Cake Poker: Upgrades Blackjack
Popular online gaming site, Cake Poker (CakePoker.eu) has launched Jackpot Games, a selection of cash and Gold Chip buy-in casino and entertaining games that offer wins of up to $2 Million. In addition, Cake has launched an upgraded version of their BlackJack games with new, advanced features including auto play, speed settings and the inclusion of strategy tips.
Guns, Online Gambling Ensure Bitcoin Staying Power
As long as online gambling remains on the fringe of legality in nations across the globe, Bitcoin should emerge as a viable alternative currency for the industry as more operators come to embrace it.
And then there are guns.
With US efforts to curb gun sales through expansion of background checks, Bitcoin suddenly becomes more attractive to gun sellers and buyers.
B3W Group to Fix Security Flaw in Online Poker Software
B3W Group, based out of Malta, has announced it plans this week to fix a vulnerability recently discovered by two security experts. The company produces turnkey online casino and poker solutions.
B3W's software updates itself over an insecure HTTP connection. Updated files are stored without digital signatures, and ".exe" files are not verified before installation. They also found issues with how B3W's software stores passwords on a person's computer.
PlayOLG.ca Online Gambling Website to Launch in Ontario This Year
The Ontario Lottery and Gaming Corp (OLG) is set to launch its online gambling website, PlayOLG.ca, later this year.
Casino and lottery type games will be offered to citizens of the province including those in its biggest city of Toronto.
Morgan Stanley: By 2020 Online Gambling Will be Bigger Than Vegas and AC Combined
Morgan Stanley upgraded Boyd Gaming’s stock to Overweight Thursday, sending its share price soaring.
Boyd, which is teaming up with bwin.party to offer online gambling in the US once regulation occurs, saw its shares climb 10.37% to $9.05.
Bitcoin Currency Hits $219: Stress Placed on Processors
Bitcoin, the virtual currency that has many online gambling operators starting to take notice, hit a record high of $219 on Monday.
Just one year ago, a single Bitcoin was worth just $9.
The big question now: Are we starting to see a bubble?
Internet Gambling in New Mexico a Complicated Matter, Frowned Upon by Some
Internet gambling will be discussed by legislators in the US state of New Mexico this summer but the situation there is somewhat complicated.
Tribal Casinos Prepare for US Online Gambling: Pechanga Conference Planned
As Gambling911.com reported earlier in the week, some Tribal casinos are looking to combine their resources as a means of gaining entry into the lucrative US online gambling market.
Online Gambling Affiliates in the US: Preparation, Adapting Will be Key
There is an excellent report by John Mehaffey of LegalPokerSites.com on the legal landscape of online gambling in the US and how current affiliates with 10 plus years of experience may or may not be able to gain access. This, we at Gambling911.com believe, is a must read, especially in the wake of
Zynga Shares Up Nearly 15 Percent on Real Money Web Gambling News
News of Zynga beginning to offer real money online gambling in the United Kingdom sent its stock price rising 15 percent Wednesday. The company also intends to offer real money gambling in some regulated European countries over the next couple of months and the US by year’s end.
Zynga Will Expand Real Money Online Poker Into Europe: Shares Surging
With the announcement that Zynga, the word’s largest social gaming market, will offer real money gambling in the United Kingdom, shares rose 5.5 percent to $3.24 in after-hours trade Tuesday. By late morning Wednesday, shares were up 12.4 percent to $3.45 with an earlier high of $3.49.
Zynga Shares Surge on News of ZyngaPlusPoker Will Offer Real Money Play in UK
Zynga, the world’s largest social gaming company, announced Tuesday it will begin offering real money online gambling in the UK through its new website ZyngaPlusPoker.
Shares of Zynga, which closed 2.9% lower, rebounded 8% to $3.33 in after-hours trading following the news.
"We look forward to launching our social versions of real money games for players on Facebook and mobile in the UK throughout 2013," says Barry Cottle, chief revenue officer of Zynga, posted shortly after the announcement.
Cyrpus Banking Crisis Helps Bitcoin Value Rise (Video)
Despite news last week that the US Government has intentions of regulating the virtual currency Bitcoin, its value continues to rise at an incredible pace.
The reason: Tiny Cyprus in the Mediterranean. An island nation that was forced to enter a bailout while imposing what amounts to a 60 percent fee on high end bank balances with little warning.
Tribes Looking to Form Online Gambling Coalitions
A report appearing on GamblingCompliance.com suggests that US Tribes could begin forming online gambling coalitions as states begin to legalize betting on the Web.
From GamblingCompliance.com:
Internet Gambling, Casino Expansion a Tough Sell in Illinois: Quinn Skeptical
CHICAGO — (Associated Press) - Lawmakers pushing to expand gambling in Illinois hope the third time is a charm with a more finely tuned proposal that could make Illinois the fourth state to allow Internet gaming.
The latest proposal includes some familiar ideas: five new casinos, including one in Chicago and Rockford; thousands of slot machines, including at Chicago’s two airports. But it also includes Internet gambling, which would allow Illinois residents to play games like black jack on their computers or smart phones.
AFFCoins Online Casino Brands Rockbet, Slots Jackpot Re-enter US Market
In a sign of good things to come we suppose, the AFFCoins online casino group, which includes Rockbet Casino, Vegas Days Casino, Casino Fiz, Tradition Casino and Slots Jackpot, have re-entered the US market offering real money play.
UK Online Gambling Sees 80 Percent Growth Over Past 5 Years
Good news for the online gambling sector as one of the most open markets, the United Kingdom, reported growth of around 80 percent since 2008.
Survey: 79.4 Percent of Gamblers Say Online Gambling Won’t Increase Addiction
Morningside Recovery Center, the leading addiction recovery center surveyed over 1,030 men and women this week over the age of 18 on Gambling Addictions. As Gambling 911 has previously reported, PokerStars is referring players to Morningside Recovery and poker great Eric Lindgren has been there for two-weeks to deal with his issues.





