Chris Moneymaker Suing PayPal

Chris Moneymaker Suing PayPal Thumbnail

Poker Hall of Famer Chris Moneymaker is suing ubiquitous payment processing giant PayPal. In a press release issued late last week, Moneymaker’s attorney, Eric Bensamochan, said that they will be suing PayPal for breach of contract, unjust enrichment and bad faith, “among other causes of action,” for confiscating more than $12,000 from the 2003 World… Read more »

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Soccer Star Zlatan Ibrahimović Fined €50,000 for Ownership Stake in Bethard

Soccer Star Zlatan Ibrahimović Fined €50,000 for Ownership Stake in Bethard Thumbnail

Small stake is still against the rules The Union of European Football Associations (UEFA), the administrative organization for European soccer, has fined superstar Zlatan Ibrahimović €50,000 ($61,000) for his involvement in online casino and sportsbook Bethard. UEFA began its investigation a little over a month ago, appointing an ethics inspector to examine if Ibrahimović violated… Read more »

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Maryland Governor Signs Sports Betting Bill

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Maryland has legalized sports betting. Governor Larry Hogan signed a bill to make both online and retail (in-person) sports wagering legal on Tuesday, an action which was entirely expected considering state lawmakers passed the legislation last month by overwhelming margins. Under emergency authorization, the law can take effect immediately, but no sportsbooks are expected to… Read more »

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Germany Proposes Tax Increase on Internet Gaming

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After extensive debate, Germany is looking to increase the taxes on internet gaming, in particular slots and poker. The discussion over the increases is not over quite yet, but time is running out to stop the proposed increases. If nothing is done to prevent it, implementation of the new taxes will begin July 1. All… Read more »

Poker Legislation

Casinos Continue to Increase Capacity: MGM Las Vegas Gets Green Light, Philadelphia Coming Soon

Casinos Continue to Increase Capacity: MGM Las Vegas Gets Green Light, Philadelphia Coming Soon Thumbnail

MGM got its employees vaccinated With millions of COVID-19 vaccines getting administered every day in the United States, the pandemic statistics are moving in the right direction. Because of this, casinos have gradually been upping their customer capacities. Things are really starting to accelerate in Nevada, as MGM received permission from the Nevada Gaming Control… Read more »

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MGM Growth Properties Buys MGM Springfield for $400 Million

MGM Growth Properties Buys MGM Springfield for $400 Million Thumbnail

Continues the real estate/operation split MGM Growth Properties has acquired the real estate of MGM Springfield in Massachusetts from MGM Resorts International for $400 million cash. The purchase is a leaseback deal in which MGM Resorts will continue to operate the property and pay MGM Growth $30 million per year in rent. In Tuesday’s announcement,… Read more »

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WSOP.com Targeting Summer Launch in Pennsylvania and Michigan

WSOP.com Targeting Summer Launch in Pennsylvania and Michigan Thumbnail

Time to show off the new 888poker platform It’s an embarrassment of riches in Pennsylvania and Michigan! It appears that both states will soon have a third competitor in the race for online poker supremacy. In a recent investor conference call, 888 CEO Itai Pazner said that WSOP.com, which runs the 888poker platform, will soon… Read more »

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