PokerStars Founder Isai Scheinberg Surrenders To Feds In New York
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
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 […]
US Online Gambling Still Under Threat: DOJ Is Appealing Its Loss In The Wire Act Case
The case about the enforcement and breadth of the federal Wire Act is not over yet. The Department of Justice filed its intent to appeal a district court decision on the Wire Act to the First Circuit Court of Appeals. In June, a federal judge in the New Hampshire District ruled that the Wire Act […]
Federal Judge To DOJ: Wire Act Only Applies To Sports Betting
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 […]
Arguments In Wire Act Lawsuit Begin In New Hampshire Federal Court — Live Updates
CONCORD, N.H. — On Thursday morning, a federal judge in New Hampshire will hear arguments in the legal challenge to the new Wire Act opinion issued in January by the US Department of Justice. The NH Lottery Commission brought the first action against that opinion, seeking to protect its online ticket sales and its ambitions for regulated […]
All Aboard The Wire Act Case: NJ, PA, Michigan Lead Challenge To DOJ In Federal Court
New Jersey and Michigan have joined the legal challenge against the Department of Justice‘s latest interpretation of the Wire Act. We’ve confirmed that New Jersey filed an amicus brief on Friday in the case started by New Hampshire in federal court. You can read the filing here. Later on Friday, the Michigan Lottery also filed an amicus brief, including 11 […]