• $43 Million is Not Bettors’ Money2

    There was big news this week regarding the outcome of the plea from former BETonSPORTS kingpin, Gary Kaplan. Kaplan pleaded guilty last week. As part of the plea, he was forced to forfeit $43.6 million of his illegal gambling proceeds. This week the U.S. Department of Justice put a notice out on its website stating

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  • NFL Loses and Bettors Win1

    In our office complex apparently somebody complained yesterday morning. Why? We were doing the happy dance and yelling like teenagers who just scored their first six-pack from a take-out package store. Why? Legal single-game betting is now a reality in Delaware. To confirm that sportsbetting will exist East of the Mississippi, on I-95, just outside

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  • iMEGA Argues Vagueness in Court2

    The choice was to go to the Michael Jackson Tribute or to attend the proceedings for iMEGA vs the US Attorney General on the legality of the Unlawful Internet Gaming Enforcement Act (UIGEA). We should’ve gone to see the King of Pop off… The Third U.S. Circuit Court of Appeals must be a difficult place

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  • DOJ Forces Online Poker Players to Sweat1

    This week the U.S. Department of Justice seized bank accounts belonging to two processing companies – Allied Systems and Account Services. These two companies were processing payments to U.S. players for several poker sites. This is a clear violation of the UIGEA and thus the government felt it was right to sieze $33 million dollars

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  • NFL Playing with Fire0

    This week the tiny state of Delaware beat the odds and enacted a bill to allow sports betting. This one move forced the hand of the NFL who needed to come up with some kind of legal opposition to this new law. Since Delaware was grand-fathered in to allow sports betting, they could not use

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  • Delaware Sports Betting Bill Clears First Legislative Hurdle6

    After 2 weeks of public hearings, the Delaware State House Gaming and Pari-mutuels Committee today, approved House Substitute 1, a stripped down version of HB100, and paved the way for legal sports betting in Delaware. Recent public hearings, packed with employees of the states 3 racinos, spurred the bill sponsor, House Majority Leader Rep. Peter

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