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Real-money online poker was officially reintroduced in the U.S. on Tuesday with the launch of the country's first legal site operated by Ultimate Gaming, a subsidiary of larger entertainment company Fertitta Interactive that runs the highly popular Ultimate Fighting Championship.The historic first hand was dealt around noon ET.The site, which has branding attachment to the UFC, becomes the country's first legal online gambling portal allowing users to bid real money since U.S. regulators shut down real-money gambling sites in the summer of 2011 on a day later dubbed "Black Friday" in the poker world."We are proud to be the first company to deliver legal and secure real money online gaming to poker players," said Ultimate Poker Chairman Tom Breitling.The government in 2011 seized the domain names of top gambling sites, including PokerStars, Full Tilt Poker and Absolute Poker, and rapidly passed a series of new laws banning online poker, sending shockwaves through what had been a surging...
Federal prosecutors on Tuesday announced a $731 million settlement with two online poker sites accused of money laundering and bank fraud.One of the sites, PokerStar...
Three years behind bars and a $5 million fine. That's the sentence meted out to Ira Rubin, the man who admitted helping online poker companies hide billions in illeg...
Gambling revenue in Macau, the only place where gambling is legal in China, surged by 25% last month from a year earlier as players continued to play despite renewed...
The casino industry is reportedly pushing Congress to ignore proposals seeking to regulate the online poker industry and instead pass new legislation that would let ...
FBN's Robert Gray on stocks ending a gloomy third-quarter on a weak note, plus data on U.S. income falling.
Professional poker player Tom Dwan discusses how the scam at Full Tilt Poker has impacted the game.
FBN’s Ashley Webster on reports the CEO and CFO of Solyndra will invoke their fifth amendment rights at a Congressional hearing Friday.
Federal prosecutors said Tuesday that a popular online poker site already accused of money laundering and bank fraud operated essentially as a giant Ponzi scheme.Ful...
Full Tilt Poker owner Pocket Kings is being purchased by a group of European investors for an undisclosed amount that may cover a large part of the $150 million owed...
The United States violated global trade law by shutting down Internet gambling sites based in Antigua and elsewhere and prosecuting their owners, according to Antigu...
FBN's Robert Gray on Hyundai announcing next month it will begin guaranteeing the trade-in values of new cars.
FBN\'s Robert Gray on American Airlines parent company's earnings and outlook.
In an unprecedented intervention in a state licensing case, the trade group for the U.S. casino industry has asked New Jersey regulators to bar a well-known online g...
America is a nation of risk takers, so it's no surprise we love games of chance. That's even more evident each year when the NFL's big event, the Super Bowl, rolls a...
3G Studios CEO James Kosta on expanding into online gaming industry.
A former online poker executive pleaded guilty in federal court Wednesday to money laundering and other counts for tricking banks into processing profits raised ille...
FBN's Lori Rothman breaks down late-afternoon market news.
FBN’s Robert Gray breaks down the afternoon markets.
FBN's Adam Shapiro breaks down mid-afternoon market news.
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