RSS Feed for Gambling FinancialsCategory: Gambling Financials

So… What is Going on With eWalletXpress? »

Online gamblers have expressed their concern for the situation with online payment processor eWalletXpress. Recently, players who used this processor to manage their money at online gambling sites found out that the site was down and that the company was not providing the usual services. Naturally, those online gamblers wondered what was to happen to […]

Gambling.com Domain Up for Grabs »

At the 2010 Global Gaming Expo, Media Corp., a UK based company, announced that one of the biggest online gambling domains, Gambling.com, is up for sale. A lot of casino groups have contacted the company to make offers but Media Corp. has decided it is better to finalize the selling through an auction.
Bookmark this story

PPA List of Congressional Endorsement for the Elections »

PokerPAC, the political action committee of the Poker Players Alliance (PPA), today released the list of Congressional candidates it has endorsed for the 2010 mid-term elections on November 2nd.
Bookmark this story

Online Gambling Growth Staggering in the UK »

Online gambling is currently one of the fastest growing industries around the world. Every day more and more people join the scene to partake in online gaming activities.
Recently, figures reported that online gambling has increased by 40% in the last 12 months in the UK.
Bookmark this story

MasterCard Buys Payment Processor »

Credit cards are the major electronic payment option available to online gamblers in the world. Players use them to make direct deposits and/or to put funds into their electronic wallets.
MasterCard is one of the largest credit card companies in the world, actually it is the second largest payments network, and now they have announced […]

UIGEA Compliance Deadline Approaching »

The deadline to fall into full compliance with the regulations of the Unlawful Internet Enforcement Act (UIGEA) is December 1st for all companies in the financial services industry.
In the meantime, the Poker Players Alliance is working hard on delaying the deadline. Bill HR 2266 was introduced by Congressman Barney Frank in May of this year […]

Financial Firms in US say Online Gambling has a bright future »

September 28, 2009 (CAP Newswire) – Video game consoles have become remarkably inexpensive recently, with gaming companies getting more competitive as the consumer electronics market weakens along with the general economy. But according to highly respected market research firm Ernst & Young’s U.K. branch, online gambling may be the one part of the gaming market […]

UIGEA reulations will have NO Effect? »

Gambling Law Expert Tells Poker News Daily that UIGEA Regulations Will Not Have “Any Effect At All”
From the CAP News page:
July 30, 2009 (CAP Newswire) — In an interview published at Poker News Daily, Nelson Rose, a noted gambling law professor who often speaks out on the regulations against online gaming, told the publication that, […]

Ohio’s Issue 6 - Allowing gambling in the Bible Belt? »

Well after years of failed gambling voting in Ohio Issue six this November is the newest to surface.  Issue 6 run by a small time group of Indian Casino promoters is attempting to slip one in there.  They have many loopholes in the proposed amendment to the Ohio Constitution that will allow real casino based […]

US bail out plan, could the death of the UIGEA be involved? »

Well this is a personal opinion but Barney Frank has some serious pull all of a sudden.  As the house financial leader he is now looking straight into the bail out plan for wall-street valued at 700 Billion, OMG that’s a big number and that includes MY tax money as well as all other Americans.  […]