CG Technology, the gambling subsidiary of Wall Street Firm Cantor Fitzgerald LP, will pay the largest fine in Nevada history to settle a complaint that the company or its CEO should have known that one of its top executives was taking illegal bets.
Tuesday saw the New Jersey Division of Gaming Enforcement release its first online gambling revenue report since online operations launched in late November.
Internet gambling has generated a $50.3 million payoff for lawyers, lobbyists, and other professionals since mid-2009, according to disclosures posted Friday by the New Jersey Division of Gaming Enforcement.
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