Gambling business winners and losers in 2015 went from sea to sea that is shining America
Gambling business in 2015 was getting ultimately more complicated all the time.
Every video gaming procedure, whether land-based or virtual, seemed to be bogged straight down in litigation of some kind this year.
In it this year whether it was New Jersey’s push to open the sportsbooks, daily fantasy sports’ hopes to be regulated, or even California’s seemingly never-ending journey to finally legalize online poker, the law had its hand.
That being said, some entities fared much better than others this 12 months. Let us have a look, starting with the good news, and who came out on top for 2015, and who got dunked.
The Big Champions
Oh, look: it’s our old friend PayPal, back in the US once again to remind us we need to update the banking info on that account we opened in the late 1990s!
The online payment processor quietly decided this year it was once again willing to roll the dice in the face of US federal gaming laws that are still about as gray as a $5,000 chip at the Bellagio after a 12-year absence in America.
The digital payment service flipped out when regulators began looking closely at whether the company was violating federal anti-gambling laws in 2002, four years after PayPal was founded and customers began using the payment processor to fund their online gambling accounts.
In 2003, PayPal merged with e Continue reading “Gambling Business Winners and Losers in 2015: Who Banked and Who Tanked”