Gambling business winners and losers in 2015 went from sea to sea that is shining America
Gambling business in 2015 was getting decidedly more complicated all the time.
Every video gaming operation, 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 better than others this year. Let’s have a look, starting with the news that is good and who came out on top for 2015, and who got dunked.
The winners that are big
Oh, look: it’s our old friend PayPal, back in the usa again to remind us we must update the banking information on that account we opened in the late 1990s!
After a 12-year absence in America, the online payment processor quietly decided this present year it was once more ready to roll the dice in the face of US federal video gaming laws which are still about as gray as a $5,000 chip at the Bellagio.
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.