PokerStars’ Dire Straits End: Money for Something, No Chips for Free

PokerStars’ Dire Straits End: Money for Something, No Chips for Free

A reinterpretation regarding the law by the DoJ could start the door for PokerStars to enter the New Jersey market at last.

Just when you can’t possibly become anymore cynical about how justice is meted out on the planet, a boomerang that is new tossed that hits you square in your head. Such is the latest within the U.S. Department of Justice’s power to bend, turn, mutate and rewrite the law essentially whenever they can potentially fit some more money out of it to increase their coffers.

Of course, we would never mean that any deals that are backhanded going on, however you can visited your very own conclusions on this one.

Justice 2.0

Unnamed sources are rumored to have admitted that the DoJ is suddenly available to a new interpretation of the law, one which basically lets non-American citizens and any businesses they might be involved with off the hook with any criminal costs. Term may be the federal justice agency will accept corporate fines which we’re pretty sure won’t be chump change along with pleas that could kill any pending costs, provided that those companies do not have U.S. physical presence whatsoever.

Is not it simply therefore convenient that this happens to encompass the situation that is exact would allow PokerStars until now saddled with the dreaded ‘bad actor’ designation that has kept the major online site out of the running in both Nevada and nj-new Jersey to get ba Continue reading PokerStars’ Dire Straits End: Money for Something, No Chips for Free

Nj Online Gambling Pays Off Bigtime for Lobbyists and Lawyers

Nj Online Gambling Pays Off Bigtime for Lobbyists and Lawyers

It’s good to be a casino industry lobbyist or lawyer representing New Jersey on the web gaming, based on the latest reports (Image: thepublici.com)

Everyone understands that when it involves gambling, the house always wins. In the case of online gambling in New Jersey, it appears that the lobbyists and solicitors do pretty well on their own, too.

Support Services Make Bank

Based on disclosures posted by the New Jersey Division of Gaming Enforcement, the on line gambling industry has resulted in $50.3 million in payments to lawyers, lobbyists, and other professionals since mid-2009. The figures came simply days aristocrat pokies indian dreaming before the revenue that is first are scheduled to be released for New Jersey casino web sites, and are section of an unusual requirement in New Jersey that demands disclosures for many expert re payments.

‘Many states have statutes requiring public disclosure of profits by lobbyists, including New Jersey, but this is the first-time I have ever heard of a gaming regulatory agency needing disclosure of payments to lawyers,’ stated Nicholas Casiello Jr., a lawyer aided by the Fox Rothschild company’s gaming team in Atlantic City.

This first report covered everything from July 2009 through December 2013, with future reports being made public for a quarterly basis.

The biggest ‘winner’ in terms of legal solutions was Brownstein Hyatt Farber Schreck, L.L.P., which made $1.89 million in legal fees. That’s in Continue reading Nj Online Gambling Pays Off Bigtime for Lobbyists and Lawyers

University of Texas El Paso Boots Basketball Players for Gambling

University of Texas El Paso Boots Basketball Players for Gambling

Three UTEP Miners basketball players have already been suspended after allegations of illegal activities gambling

If you are an university sports fan, you almost certainly don’t think much about the University of Texas at El Paso (UTEP) as it pertains to teams. Sure, you might have heard about UTEP, but you aren’t too concerned whenever your preferred group suits up to play them, and you won’t be picking them to win a nationwide championship in basketball or football anytime soon. And if their basketball group is in the news, you know it’s not likely for anything they have done on the court.

Three Players Accused of Betting on Games

And that is exactly true for the headlines taken from UTEP this week. Three players had been kicked off of the UTEP men’s basketball team after allegations were made against them regarding gambling on sports. Those allegations eventually caused the college to report the gambling to the FBI that is local field, and then take away the players from their team.

For those seeking something similar to the 1994 Arizona State aim shaving scandal, however, it doesn’t appear that things went quite that far in this case. Based on the school, none of the three UTEP players involved are accused of shaving points or games that are throwing and there is no proof that some of them bet on games played by UTEP. Coach Tim Floyd said that the evidence he’s seen backs up this belief.

‘We evaluate eve Continue reading University of Texas El Paso Boots Basketball Players for Gambling