All Posts By Dan Katz

Jason Koon Replaces Scott Seiver in ‘High Stakes Duel III,’ Will Face Phil Hellmuth for $1.6m Prize Pool

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Each player risking $800,000 When Scott Seiver withdrew from his scheduled Round 5 match against Phil Hellmuth in “High Stakes Duel III,” it seemed like that it was it for that series, that we would have to wait for PokerGO to organize an eventual “High Stakes Duel IV.” On Tuesday, though, PokerGO announced that Jason ...

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Imposter Found Gaping Hole in Online Gambling Payment System, Stole Money Directly From Poker Players’ Bank Accounts

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Scammer creating accounts in pros’ names The poker world is at the center of yet another scandal, though this time it does not involve cheating (alleged or proven) or wrongdoing by a player. This week, multiple professional poker players have made it known that someone created online gambling accounts in their names, deposited money from ...

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GLPI Interested in Acquiring a Las Vegas Strip Property

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GLPI owns the Tropicana’s land The CEO of Gaming and Leisure Properties Inc. (GLPI) said that, contrary to popular belief, he is interested in acquiring additional property on the Las Vegas Strip, if the right opportunity presents itself. In an earnings call on Friday, Peter Carlino admitted, in a bit of a surprising mea culpa ...

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IGT Wins Lawsuit Against DOJ, 2018 Wire Act Opinion Nixed

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Online gambling industry can exhale The online gambling industry appears to be back on the good side of the Interstate Wire Act of 1961 (Wire Act). On Thursday, the US District Court for the District of Rhode Island ruled in favor of International Game Technology (IGT) in the gaming company’s lawsuit against US Attorney General ...

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PredictIt Could Disappear Within Months as CFTC Pulls No-Action Letter

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No more looking the other way Popular political betting exchange PredictIt may be on its way out. On Thursday, the Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) announced that it was withdrawing its no-action position letter on PredictIt, a potential death knell for the site created by Victoria University of Wellington, New ...

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