One of Cantor Fitzgerald’s top executives is under investigation by the US Attorney’s Office for his alleged role in an illegal sports betting ring.
Lee Amaitis, is being accused of allowing runners in Nevada to place bets for an East Coast gambling ring known as the, “The Jersey Boys.”
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The recently New Jersey-licenced Golden Nugget Hotel & Casino (Golden Nugget) has selected Amaya Gaming Group as the technology provider for its Golden Nugget Poker and Golden Nugget Casino brands.
Under the terms of the agreement, Amaya will provide a poker platform, casino content and poker services to the Golden Nugget for a share in the revenue generated by the brands.
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For all of the attention New Jersey’s November 26 launch date for online gambling is generating, Delaware is quietly preparing itself for its own real-money online poker launch on Halloween.
The October 31 launch date wasn’t so much of a surprise considering that the state has been working tirelessly to get all the systems up and running. The state took the first step to offering online gambling back in August with the launch of three video lottery casinos that were released on Facebook through IGT’s DoubleDown Casino. At that time, it was expected that it would take another two months before real-money online gambling would go live and guess what, that two-month time frame expires at the tail end of October, right in time for Halloween.
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The Nevada Gaming Commission will discuss several changes to the state’s Internet gaming regulations at its regular meeting monthly meeting Thursday in Las Vegas.
Adding other casino games, such as blackjack and slot machines to Nevada’s current poker-only status, however, is not under consideration.
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Social games firm Kabam has been having big mobile hits with games like The Hobbit: Kingdoms of Middle-earth, Fast & Furious 6: The Game and Kingdoms of Camelot: Battle for the North.
Fond of a colon, then. But Kabam is also one of the fastest growing publishers in the mobile games world, as chief executive Kevin Chou explains in an interview with The Guardian.
"We did $180m last year in revenue, and this year we're on track to do well over $300m. We were profitable last year, and we've been profitable every single quarter this year as well," says Chou.
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Trump Plaza is partnering with British company Betfair to offer Internet gambling once it begins in New Jersey next month.
Betfair is one of Britain's largest online betting companies, and it owns TVG, the platform provider for 4NJBets. That is the only horse racing account-wagering platform available to New Jersey residents.
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Today's mobile game industry exists in a time warp.
On the one hand, the design work featured in today's games far exceeds anything we could have imagined just a couple years ago.
When it comes to monetisation, however, we're still living in the Dark Ages.
On the one hand, the design work featured in today's games far exceeds anything we could have imagined just a couple years ago.
When it comes to monetisation, however, we're still living in the Dark Ages.
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New Jersey casino regulators continued their march toward Internet gambling Monday, awarding the state's fifth online gambling permit to the Tropicana Casino and Resort.
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Caesars Entertainment Corp. said Monday the U.S. Treasury Department is investigating potential money-laundering allegations at Caesars Palace.
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Gartner expects PC, tablet, smartphone shipments to grow 4.5% this year, wearable computing won't take off before 2017
PCs, tablets, and smartphones are seeing increasing demand around the world, but it's no longer the priciest options driving the business. According to IT research firm Gartner, the growth is coming from cost-conscious consumers.
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Two lawyers at an Indiana law firm have suggested an unusual but innovative idea to boost revenues for the flagging Indianapolis international airport – the introduction of on-premises gambling using mobile devices connected via a WiFi system.
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The tablet category is continuing to eat the PC’s lunch, albeit it’s a large lunch so the feast is taking a while. Analyst Gartner expects worldwide tablet shipments to grow 42.7% 53.4% [Gartner has issued a correction to its earlier figures] this year, with shipments reaching 184 million units. And while traditional PCs are still shipping a lot more units (303,100 forecast for this year), those shipments are continuing to decline — predicted to be down 11.2% on 2012 shipments.
That’s lower even than Gartner’s prior forecast, back in April, when it said it expected PCs to decline 7.3% this year.
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In just about five weeks, the doors will open on only the second operation in the United States that will legalize online gaming and poker. On November 26, New Jersey will crack the seal and open up, for its residents, a variety of casino gaming (any game offered in an Atlantic City casino can be made available). More importantly, online poker will earn its second home in the U. S. and major players in the game are ready to take advantage of that.
What will be the potential bounty that awaits the casinos that will be in the mix? According to a study between Academicon and PokerScout.com, in the first year alone there is the potential for $39 million to $65 million in revenues. The research looked at the last two years prior to 2011 (“Black Friday” messed those numbers up pretty well) and found that 38,100 residents of New Jersey participated in online poker during the 2009-10 time frame. At that time, players in New Jersey were spending an average of $765 per year, creating a more than $29 million market.
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The fact that the PTO has upheld the "Steve Jobs patent," as it's known, will certainly complicate legal strategies for Apple's competitors, suggested Peter Toren, a partner with Weisbrod Matteis & Copley. "Without a doubt, Apple will try to use the patent now to the full extent possible, and it could be found that many Samsung devices are infringing," he said.
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Players of progressive slot machines may see bigger jackpots in the future thanks to some companies’ desire to compete with large lottery payouts in other states.
The three-member Nevada Gaming Control Board conducted a workshop Wednesday on a petition by IGT and Bally Technology to change regulations that aim at get more players to spend their money on the progressive machines.
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