Slow start, gradual improvement for US Internet gambling

Internet gambling is off to a slow start in the United States, with banks hesitant to handle credit card payments for online bets and some politicians and casino moguls pushing to ban it, but there remains potential for great ...

First guilty plea in US online poker case

The American president of a Costa Rica-based company is facing up to 30 years in prison after pleading guilty to illegally processing payments for Internet poker firms.

BetOnSports.com founder gets 4-plus years

(AP) -- The founder of the online gambling site BetOnSports.com was sentenced Monday to more than four years in prison, ending a lengthy investigation and prosecution into one of the world's largest offshore sports gambling ...

Feds: Full Tilt Poker site was Ponzi scheme

(AP) -- An Internet poker company that was blocked from operating in the U.S. in the spring as part of an online gambling crackdown was "not a legitimate poker company, but a global Ponzi scheme," federal prosecutors said ...

Online gambling fight now about when, who -- not if

(AP) -- The fight to fully legalize online gambling in the U.S. is now less about whether Americans will be able to play and more about who will bring the action to them - and when.

Zynga mulls online gambling market

(AP) -- Zynga, the social game company known for "FarmVille" and "Zynga Poker," is mulling a new market - online gambling.

China busts $11 bln online gambling ring

Chinese authorities have busted what is reportedly the country's biggest online gambling ring, which allegedly handled bets of more than 70 billion yuan ($11 billion), according to state media.

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