Casino News

PokerStars Founder Isai Scheinberg Surrenders To Feds In New York

January 25, 2020 | By: Eric Ramsey

Prosecutors in New York finally have their hands on Isai Scheinberg. As Forbes first reported, the founder of PokerStars surrendered to federal authorities upon entering the country from Switzerland a week ago Friday. Scheinberg, 73, stands charged with a number of gambling and financial crimes including money laundering and bank fraud. The defendant pleaded not guilty in […]

Study: Deposit Limits A Good Indicator, Bad Solution For Problem Gambling Online

October 5, 2019 | By: Alex Weldon

Finnish online gambling operator Paf announced that it will lower its annual loss limit for customers from €30,000 to €25,000 beginning next year. The decision stems from the results of a study it conducted in conjunction with Stockholm University. It found that allowing players to set their own deposit limits is largely ineffective in curbing […]

Federal Judge To DOJ: Wire Act Only Applies To Sports Betting

June 3, 2019 | By: Eric Ramsey

New Hampshire has won its lawsuit against the US Department of Justice clarifying the scope of a 1961 federal gambling law. In a 60-page ruling issued Monday, US District Court Judge Paul Barbadoro rejected a 2018 opinion from the Office of Legal Counsel which expanded the Wire Act to broadly cover interstate online gambling. The previous interpretation from 2011 applies narrowly […]

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