Tag Archives: USA

Great Canadian Gaming sells Great American Casinos

GCG pins focus on Canada, sells Washington casinos for $56 million. Established in 1982, Great Canadian Gaming (GCG) has long since strived to be just that – Canada’s greatest gaming corporation. More than two dozen casinos later, GCG accomplished that goal long ago, now standing tall alongside Gateway Casinos & Entertainment as the only dominant commercial casino competitors in the Great White North. What many visitors of their multitude of properties across British Columbia, Ontario and the Atlantic provinces may not realize is that, despite its region-bearing name, Great Canadian Gaming also operates a few gambling establishments to the south. That’s because the company launched those operations under a subsidiary branch, aptly titled Great American Casinos (GAC). After shutting down one of those operations less than two years ago, the Coquitlam-based corporation has decided its American investments are no longer worthy of pursuit. The latest financial headlines indicate GCG is … Continue reading

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NJ Lobbies for Higher Penalties as PokerStars Pays $10k Fine

NJDGE fines PokerStars $10k for accepting illegal sports bets. The New Jersey Division of Gaming Enforcement (NJDGE) has spent the last six years regulating the most successful online gambling market in the United States. There have been ups and downs. There have been mistakes made, problems realized, and solutions conceived. Is this not to be expected when pioneering any market of such a volatile nature? One thing gaming regulators in the Garden State have learned in recent times is that the penalties for non-compliance could have – nay, should have – been set a lot higher. That was the sentiment coming out of NJDGE offices last week when it was announced that one of their most prominent licensed operators had been fined just $10,000 for violating the state’s strict sports gambling laws. PokerStars Fined $10k for Accepting Illegal Sports Bets On April 12, 2019, David L. Rebuck, Director of the … Continue reading

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Investments in Online Gambling Software Company turn Sour

New Jersey court to hear case of $1.3mm online gambling fraud. From July 2012 to December 2017, Mr. Sandy J. Masselli was a very busy man. The CEO of Carlyle Entertainment Ltd (formerly Carlyle Gaming & Entertainment Ltd) worked tirelessly to convince New Jersey investors that his company was worthy of their investment. His hard work paid off, generating over $1.3 million from 26 investors. According to a press release by the New Jersey Division of Consumer Affairs (NJ-DCA), Mr. Masselli is now the primary defendant in a serious case of fraud. Last week, Attorney General Gurbir S. Grewal and the Bureau of Securities of the NJ-DCA filed suit against Mr. Masselli and his numerous investment firms for allegedly using the investment funds to bankroll an “extravagant lifestyle”. $1.3 Million Online Gambling Fraud Masselli is accused of convincing more than two dozen investors that he is a “savvy business”, and … Continue reading

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Canada’s Favorite Live Casino launches in US Market

Best Canada Live Casino expands south into New Jersey, USA. The live dealer casino market isn’t nearly so competitive as its cousins in electronic gambling. There are hundreds of companies developing game software for online casinos, building interactive, RNG-based slot machines, tables games and more. Contrariwise, only around two dozen brands host live casino studios, streaming genuine table action to desktops, smartphones and tablets all over the world. There are a few logical explanations for why the live casino industry is so much smaller. For the last decade, it’s been more of a niche market, largely due to high-tech demands. It’s also not the type of software online casinos look to employ more than one of. Furthermore, it’s not a very inviting business for entrepreneurs when a single entity has already reached astronomical heights, soaring far beyond the capabilities and popularity of any existing competitor. If you’re familiar with today’s … Continue reading

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Australia’s Slot Machines, aka Pokies, not so bad after all?

Research proves Aussie Govt’s claim to ‘Most Pokies per Capita’ false. The Australian government has spent years, and countless funds, fighting the ills of slot machines; or pokies, as they call them. Time after time, anti-gambling politicians and lobbyists have claimed that Australia’s overabundance of gaming machines is to blame. The nation alleges to have the most pokies in the world, with as many as 20% of global installments, and the ‘most poker machines per capita‘. There’s been no push to dispute those claims either. After all, it would take mountains of documented research to do so. As it turns out, someone has done all the work, and they’ve been doing it for years. Australia’s Gaming Technologies Association (GTA) authors an annual World Count of Gaming Machines, and the latest edition was just released. Research Proves AU’s ‘Most Pokies per Capita’ False According to InterGame, GTA just finished putting together … Continue reading

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Understanding US & Canada Online Gambling Licenses

US & Canadian Internet Gambling Jurisdictions by Province / State As promised in a previous segment detailing National Online Gambling Licensing Jurisdictions, today’s edition will cover more locally run regulatory bodies—specifically those in the states and provinces of the US and Canada—where online casino and/or poker games are locally operated. In these countries, the federal government has limited control over internet gambling laws. Both nations have decreed that gambling is not specifically legal or illegal, unless deemed so—one way or the other—by the state or province in which one resides. Therefore, the legality and regulation of internet gambling depends entirely upon where one lives in North America. We’ll give a brief run down of US and Canada online gambling licenses, where they exist, and what they permit. Important Note on Federal Gambling Laws United States: Unless otherwise legislated, online gambling is generally illegal in any US state where the activity … Continue reading

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Paysafe offers Best Deposit Methods for Online Casinos

EGR says Paysafe is still the industry’s best online casino payment option supplier. Does the name Paysafe ring a bell? Perhaps not. Paysafe Group Limited is a massive, global online payment system company. But it’s best known by the name of some of its most successful products; Neteller, Skrill, PaysafeCard, and Income Access. Those names are much more likely to grab your attention—especially if you’re a member of the world’s vast internet gambling community. For many years, Paysafe—formerly Optimal Payments—has been a top-teir provider of payment solutions. Several of its products have been named among the best deposit methods for online casinos, poker sites, bingo, sports betting, etc. According to eGaming Review Magazine‘s EGR North America Awards, Paysafe is still on top of the market. The company has been performing so well over the last 12 months, its superior products were worthy of not one, but two awards. Paysafe still … Continue reading

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The Stars Group seeks Sky Betting Funding via TSX, Nasdaq

Toronto online gambling juggernaut proposes common shares public offering. The Stars Group is already among the largest online gambling companies in the world. Based out of Toronto, it owns some of the largest iGaming operations in existence. Its portfolio includes online poker behemoths PokerStars and Full Tilt, along with the popular casino and sports betting sites, PokerStars Casino and BetStars. If their latest acquisition comes to fruition, The Stars Group will officially become the largest global operator in the online gambling industry. Earlier this year, the company set its sights on UK-based Sky Betting & Gaming, one of the largest iGaming brands in all of Europe. That company owns real money internet gambling operations Sky Bet, Sky Bingo, Sky Casino, Sky Poker, and Sky Vegas. It also operates several free-to-participate gaming sites as well as the odds comparison domain, Oddschecker. In April 2018, Sky Betting & Gaming and its majority … Continue reading

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Will CGA mimic AGA Priorities for Online Sports Betting?

Canada should mimic AGA’s priority list for legal online sportsbooks. Last week, the US Supreme Court wiped the slate clean, obliterating a 26-year ban on sports betting across all US states, minus Nevada. Immediately after the decision was announced, the Canada Gaming Association welcomed the decision, and responded by imploring the Canadian government to amend the Criminal Code to allow for single-event sports bets. Several other major backers are supporting the movement, including the BC Lottery Corp, and BC Attorney General David Eby, and Niagara Falls Mayor Jim Diodati. It’s safe to assume the CGA is plotting its offense, gathering its ammunition, and preparing for an all-out lobbying war to convince the House and Senate that the time has come to regulate single-game live and online sports betting. The CGA would do well to study the tactics of their southerly cousins. The American Gaming Association (AGA) wrote an influential letter … Continue reading

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Stars Group buys SkyBet… What Happens Next?

Future gets brighter still for Canada online gambling firm The Stars Group. Should SkyBet’s rivals be nervous? As we learned over the weekend, The Stars Group, an online gambling behemoth based in Toronto, Canada, boosted its portfolio with a major acquisition. The company spent a whopping $4.7 billion to acquire UK iGaming giant Sky Betting and Gaming (SBG). So… what happens next? In February, the company snatched up Australian sports betting operator CrownBet. Immediately after that, it was announced that CrownBet was scooping up the Australian branch of William Hill – another digital sports betting rival in The Land Down Under. And now, Stars Group has one of the UK’s largest iGaming groups, SBG, under its wing. Clearly, The Stars Group is working to spread its wings all across the globe, in more verticals than ever before. As the owner of PokerStars and Full Tilt, there’s no question that the … Continue reading

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