The U.S. Supreme Court has struck down the Professional and Amateur Sports Protection Act (PASPA) of 1992 as unconstitutional, paving the way for legalized sports betting in the country.

In a 7-2 vote, the U.S. high court said that PASPA violated the 10th Amendment of the Constitution, adding that it “unequivocally dictates what a state legislature may or may not do.” The Court also said that “Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own.”

New Jersey Gov. Phil Murphy and former Gov. Chris Christie were elated with the decision, saying that the state had “long been the lead advocate in fighting this inherently unequal law.” Meanwhile, William Hill US CEO Joe Asher and Monmouth Park CEO Dennis Drazin expressed “great satisfaction” at the Court’s ruling, adding that they are ready to offer sports betting at the end of the month.

The ball is now with the federal government to pass a uniform legal sports betting environment in the country.

CalvinAyre.com’s Rafi Farber reflects on the effects of the U.S. Supreme Court decision declaring the federal sports betting ban as unconstitutional in the stock market.

In this interview with CalvinAyre.com’s Stephanie Tower, Alderney eGambling CEO Susan O’Leary discusses the challenges of regulating cryptocurrency use in the gambling industry.

Seminole County became one of the first counties in the U.S. to recognize Bitcoin Cash and BTC as payments for driver's licenses, identification cards, property taxes and titles.

The government made a 180-turn on its policy of banning poker in its integrated resorts after realizing that the game is one of the main cash source for casinos. 

The Philippine-listed casino operator attributed its net profit decline to lower revenue contribution from the non-VIP segment as a result of lesser gaming capacity.

Victoria became a refuge for online bookmakers after it imposed an 8% point-of-consumption tax, lower than the 15% tax in the states of South and Western Australia.

The state’s licensed online gambling operators generated combined revenue of $23m in April, more than $2m short of its record-smashing revenue of $25.6m set in March 2018.

The revenue from casino tables contributed to the 0.3% growth in the earnings of the city’s brick-and-mortar gaming operations for April. 

PageRank—refers to the most popular algorithm used by Google to rank sites on their searches. The said algorithm rates the importance of a given page analyzing both the quantity and quality of links pointing to it.

Following its successful “The Crypto Con” event in Mumbai last March, Block Hedge is inviting all stakeholders interested in blockchain innovation and ICOs to Thailand and Bahrain! The company has already commenced registration for its events in Bangkok on August 31 and in Manama on September 27.