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Is New Jersey’s Online Gambling Affecting Atlantic City?

Online gambling revenue in New Jersey increased 28 percent in its second month while physical casino gambling fell 9.2 percent from a year earlier, New Jersey’s Department of Gaming Enforcement released on Feb. 12. Those findings could be the precursor to what gambling experts predicted when online casinos in New Jersey was at the proposal…

Instabill Receives 'A' Rating from CardPaymentOptions.com

Instabill Receives 'A' Rating from CardPaymentOptions.com

Instabill, a global provider of merchant accounts since 2001, received a grade ‘A’ rating in a review of credit card processors from CardPaymentOptions.com. The review encompassed performance areas such as sales and marketing, for which it received an A-; as well as costs and contract terms, for which it received an ‘A.’ Additionally, Instabill received a grade…

Are E-Cigarettes Impacting Big Tobacco?

Are E-Cigarettes Impacting Big Tobacco?

E-Cigarette manufacturer Green Smoke was recently purchased by the Altria Group, adding more evidence to the trend that E-Cigarettes are having an impact on the big tobacco industry. The acquisition by Altria Group, which oversees NuMark, Phillip Morris and U.S. Smokeless Tobacco, Co., is the latest in what appears to be a pattern of tobacco giants…

Credit Card Processing for Marijuana Merchants Could Be Near

Credit Card Processing for Marijuana Merchants Could Be Near

Credit card processing for marijuana merchants may be near after U.S. Attorney General Eric Holder publicly supported banking access for such. In a speech at the University of Virginia last week, Holder also said that the U.S. Department of Justice would “soon unveil proposed regulations” regarding the buying and selling of medicinal marijuana in the…

MasterCard Advocates Credit Card Security in US with EMV Chip Cards

MasterCard Advocates Credit Card Security in US with EMV Chip Cards

MasterCard announced last week that U.S. banks and merchants need to transition to the EMV chip system to enhance credit card security. The announcement came in an open letter from Chris McWilton, President of MasterCard’s North American Markets on Jan. 8, released this week to financial institutions, merchants and other partners in response to the…

E-Commerce Surge the Reason for Fed Ex, UPS Shortcoming

E-Commerce Surge the Reason for Fed Ex, UPS Shortcoming

Package shipping giants Fed Ex and United Parcel Service were simply not prepared for the e-commerce surge that accompanied the 2013 holiday season. From Dec. 24-26, virtually every news medium in the U.S. reported how FedEx and United Parcel Service (UPS) experienced significant delays which drew the ire of thousands without presents on Christmas morning.…

CEO Urges Against US Online Gambling

CEO Urges Against US Online Gambling

The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…

CEO Urges Against US Online Gambling

CEO Urges Against US Online Gambling

The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…