Gambling business winners and losers in 2015 went from sea to sea that is shining America
Gambling business in 2015 appeared to be getting decidedly more complicated all the time.
Every gaming operation, whether land-based or digital, seemed to be bogged straight down in litigation of some kind this present 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 a lot better than others this 12 months. Let’s have a look, starting with the good news, 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 america once more to remind us we must update the banking info on that account we opened in the late 1990s!
After a 12-year absence in America, the online payment processor quietly decided this season it was again willing to roll the dice in the face of US federal gaming laws that are still about because grey as a $5,000 chip at the Bellagio.
In 2002, four years after PayPal was founded and customers started using the repayment processor to fund their online gambling records, the digital payment service flipped out when regulators began looking closely at whether the business was breaking federal anti-gambling laws.