NY Class Action Lawsuit Targets Amaya, Baazov, Sebag
More bad news has emerged for Canada-based online-gambling giant Amaya Gaming, in the form of a class-action lawsuit filed against the company in the wake of last week’s allegations of insider …
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DFS Regulations Filed in Massachusetts
On Friday, Massachusetts became the third state this month to enact regulations for the daily fantasy sports (DFS) industry. Unlike Virginia and Indiana, though, no new bills were passed; instead, …
Split Decision Announced in Jeremy Johnson iWorks Fraud Case
Utah businessman Jeremy Johnson, an important but unindicted figure in the 2011 “Black Friday” crackdown by the United States Department of Justice against US-facing online poker sites, has received a split …
Amaya CEO David Baazov Takes Leave of Absence Amid Insider Trading Concerns
Storm clouds continue to deepen against embattled Amaya Gaming CEO David Baazov, indicted last week on multiple charges of insider trading in connection with the 2014 acquisition of PokerStars parent …
David Baazov Insider Probe Deepens as More Allegations Released
Information continues to emerge in recent days regarding the ongoing investigation by Quebec’s Autorité des marchés financiers (AMF) into allegations of insider trading centered on Canadian online-gambling giant Amaya Gaming, parent …
Germany Hopes to Double Sports Betting Licenses, Circumvent EU Edict
Curious legislative developments have emerged from Germany in recent days, where the country’s 16 state-level prime ministers — roughly equal to governors in the US — have approved a plan …
Indiana Legalizes DFS
Looks like we are alternating good news and bad news on the daily fantasy sports (DFS) front. Two weeks ago, Virginia Governor Terry McAuliffe signed a bill into law that …
WPT Rolls Out Its Own March Madness
You know, we have had some less-than-uplifting poker news the last couple days, what with PokerStars announcing that it is increasing rake and its big boss getting in trouble for …
PokerStars to Raise the Rake Next Week
Maybe it was strategic, perhaps it was coincidental, but the same day the poker world celebrated PokerStars’ launch in New Jersey, marking the return to the United States for the …
Quebec’s AMF Charges Amaya CEO David Baazov with Insider Trading Violations
Amaya Inc. CEO David Baazov was charged today with violations of Quebec securities law in connection with the company’s 2014 acquisition of PokerStars parent company Rational Group. Baazov was hit with …
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