PayPal drops payment protection on gambling transactions

Article by - - filed under Business, Online Gambling.

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The world’s most recognized online payment provider PayPal has announced that they will cease offering payment protection to any gambling-related transactions in the United States, Canada and Brazil. In a statement made by the US company as part of an update to their User Agreement, PayPal will stop protecting gambling-related payments from June 25. This… Read more »

David Baazov and two others face insider trading charges

Article by - - filed under Business.

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David Baazov, the CEO of online gaming company Amaya, is under investigation by Quebec’s security regulator, the Autorité des marchés financiers (AMF) for alleged insider trading. Baazov faces 5 charges relating to the acquisition of Pokerstars owners Oldford Group Ltd. An employee and advisor are also under investigation with a total of 23 charges filed…. Read more »

IGT roll out Wheel of Fortune online slots to New Jersey

Article by - - filed under IGT.

IGT stand

A slot machine that has long been a favorite of casino goers in the US and Canada will now be available online for players in New Jersey, NY and Ontario, Canada. Wheel of Fortune – Triple Extreme Spin, will now be able to accessible via online casinos in these territories for real money, which has… Read more »