New Jersey online gambling regulators have fined Canada’s Amaya Gaming $25k for failing to ensure that out-of-state players couldn’t play on PokerStars New Jersey site.

On Wednesday, the New Jersey Division of Gaming Enforcement (DGE) published a January 20 decision detailing how a “software flaw” enabled out-of-state patrons to gamble at PokerStarsNJ.com, in violation of the DGE’s strict intrastate gambling rules.

The DGE said its investigation had revealed that “a limited number” of patrons had been allowed to wager while outside New Jersey’s borders “for a short period of time before a subsequent geolocation check detected such patrons and blocked them from wagering.” The DGE said PokerStars has since deployed an update to its software to remedy the flaw.

The DGE said it found “sufficient legal and factual support” to justify the imposition of a $25k fine on Amaya US Services Ltd., which executed a stipulation of settlement with the DGE.

Russia is reportedly considering developing a new casino-friendly zone—its sixth to date—soon.

According to Russian language media outlets, businessman and Senator Suleiman Kerimov has partnered with investment company Nafta Moscow to build an entertainment complex worth $100 million “on the site of sea trade port in Makhachkala.”

The complex will feature a yacht club, a hotel, a shopping center as well as betting shops and two casinos, Izvestia reported.

Nafta Moscow, however, denied the reports.

Lawyers representing lottery players have lodged a civil suit against former Illinois lottery operator Northstar Lottery Group for alleged manipulation of winning tickets.

Belleville News Democrat reported that the attorneys have accused Northstar of defrauding businesses that sold scratch-off tickets and the lottery customers by manipulating the number of winning tickets available for purchase, among other things.

To prevent players from hitting the jackpot with large payouts, they alleged that Northstar intentionally discontinues scratch-off games before tickets are sold.

The lawsuit, which was filed on Monday in southern Illinois’ St. Clair County, didn’t state how much compensatory damages they were seeking from the lottery firm, according to the report.

HongKong-listed casino operator NagaCorp. Ltd. scored a robust net profit, soaring by as much as 7 percent on the back of a stable Cambodian economy.

In a regulatory filing on Wednesday, NagaCorp posted a US$184.2 million net profit in 2016 compared to the previous year. Revenue for the period has also risen by 5.5 percent year-on-year to US$531.6 million, with casino revenue accounting for 94.2 percent of overall income.

Meanwhile, NagaCorp.’s reported earnings before interest, taxation, depreciation and amortization (EBITDA) of US$256.1 million, up by 12 percent from the prior-year period.

“As noted we are quite pleased that net profit is 7 percent. It is a very competitive environment. So when I looked at those numbers and looked back in the last seven years, we have seen consistent seven digit growth many of those years,” Tim McNally, chairman of NagaCorp. told Bloomberg. “But this is a positive news as well as I indicated that we have a competitive gaming environment but we are very optimistic in 2017, it is an extremely exciting year for us.”

HongKong-listed casino operator NagaCorp. Ltd. scored a robust net profit, soaring by as much as 7 percent on the back of a stable Cambodian economy.

In a regulatory filing on Wednesday, NagaCorp posted a US$184.2 million net profit in 2016 compared to the previous year. Revenue for the period has also risen by 5.5 percent year-on-year to US$531.6 million, with casino revenue accounting for 94.2 percent of overall income.

Meanwhile, NagaCorp.’s reported earnings before interest, taxation, depreciation and amortization (EBITDA) of US$256.1 million, up by 12 percent from the prior-year period.

“As noted we are quite pleased that net profit is 7 percent. It is a very competitive environment. So when I looked at those numbers and looked back in the last seven years, we have seen consistent seven digit growth many of those years,” Tim McNally, chairman of NagaCorp. told Bloomberg. “But this is a positive news as well as I indicated that we have a competitive gaming environment but we are very optimistic in 2017, it is an extremely exciting year for us.”

HongKong-listed casino operator NagaCorp. Ltd. scored a robust net profit, soaring by as much as 7 percent on the back of a stable Cambodian economy.

In a regulatory filing on Wednesday, NagaCorp posted a US$184.2 million net profit in 2016 compared to the previous year. Revenue for the period has also risen by 5.5 percent year-on-year to US$531.6 million, with casino revenue accounting for 94.2 percent of overall income.

Meanwhile, NagaCorp.’s reported earnings before interest, taxation, depreciation and amortization (EBITDA) of US$256.1 million, up by 12 percent from the prior-year period.

“As noted we are quite pleased that net profit is 7 percent. It is a very competitive environment. So when I looked at those numbers and looked back in the last seven years, we have seen consistent seven digit growth many of those years,” Tim McNally, chairman of NagaCorp. told Bloomberg. “But this is a positive news as well as I indicated that we have a competitive gaming environment but we are very optimistic in 2017, it is an extremely exciting year for us.”

HongKong-listed casino operator NagaCorp. Ltd. scored a robust net profit, soaring by as much as 7 percent on the back of a stable Cambodian economy.

In a regulatory filing on Wednesday, NagaCorp posted a US$184.2 million net profit in 2016 compared to the previous year. Revenue for the period has also risen by 5.5 percent year-on-year to US$531.6 million, with casino revenue accounting for 94.2 percent of overall income.

Meanwhile, NagaCorp.’s reported earnings before interest, taxation, depreciation and amortization (EBITDA) of US$256.1 million, up by 12 percent from the prior-year period.

“As noted we are quite pleased that net profit is 7 percent. It is a very competitive environment. So when I looked at those numbers and looked back in the last seven years, we have seen consistent seven digit growth many of those years,” Tim McNally, chairman of NagaCorp. told Bloomberg. “But this is a positive news as well as I indicated that we have a competitive gaming environment but we are very optimistic in 2017, it is an extremely exciting year for us.”

HongKong-listed casino operator NagaCorp. Ltd. scored a robust net profit, soaring by as much as 7 percent on the back of a stable Cambodian economy.

In a regulatory filing on Wednesday, NagaCorp posted a US$184.2 million net profit in 2016 compared to the previous year. Revenue for the period has also risen by 5.5 percent year-on-year to US$531.6 million, with casino revenue accounting for 94.2 percent of overall income.

Meanwhile, NagaCorp.’s reported earnings before interest, taxation, depreciation and amortization (EBITDA) of US$256.1 million, up by 12 percent from the prior-year period.

“As noted we are quite pleased that net profit is 7 percent. It is a very competitive environment. So when I looked at those numbers and looked back in the last seven years, we have seen consistent seven digit growth many of those years,” Tim McNally, chairman of NagaCorp. told Bloomberg. “But this is a positive news as well as I indicated that we have a competitive gaming environment but we are very optimistic in 2017, it is an extremely exciting year for us.”

The People’s Bank of China (PBoC) is laying out the ground rules for companies dealing with digital currency in the country.

Reports surfaced that officials from the central bank called in several of the country’s digital currency exchanges for closed door meetings this week. PBoC confirmed the reports and added that Wednesday’s meeting was broader than the ones held earlier this year, with a number of lesser-known bitcoin and cryptocurrency exchanges in attendance.

Among those who attended the meetings were BTC Trde, Yunbi, HaoBTC, CHBTC, BTC100, BitBays, Yuanbao, Dahonghuo and Jubi.

PBoC indicated on its website that it has issued specific instructions to the digital currency exchanges, stressing the need for platforms to enforce anti-money laundering (AML) and foreign exchange regulations.

The People’s Bank of China (PBoC) is laying out the ground rules for companies dealing with digital currency in the country.

Reports surfaced that officials from the central bank called in several of the country’s digital currency exchanges for closed door meetings this week. PBoC confirmed the reports and added that Wednesday’s meeting was broader than the ones held earlier this year, with a number of lesser-known bitcoin and cryptocurrency exchanges in attendance.

Among those who attended the meetings were BTC Trde, Yunbi, HaoBTC, CHBTC, BTC100, BitBays, Yuanbao, Dahonghuo and Jubi.

PBoC indicated on its website that it has issued specific instructions to the digital currency exchanges, stressing the need for platforms to enforce anti-money laundering (AML) and foreign exchange regulations.