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Bitcoin denominated sale of under the microscope

Bitcoin denominated sale of under the microscope.
The sale by Erik Voorhees of the controlling interest in Bitcoin-denominated online gambling company  appears to be under investigation by the US Securities and Exchange Commission, according to a report in Bloomberg business news.
Voorhees revealed last July that he had sold the shares in a Bitcoin-denominated deal to an anonymous “private party”. He has not responded to enquiries on the current SEC investigation.
Bloomberg reports that the SEC has previously expressed the view that such deals may contravene US laws, and that an investigation now appears to be underway.
The SEC has communicated with MPEx, an online exchange for Bitcoin-based trading, to provide contracts and other documents relating to, where the company's shares were listed in 2012.
Mircea Popescu, the MPEx operator to whom the letter was addressed, confirmed its receipt when contacted by Bloomberg but denied any wrongdoing on the exchange's part. The letter from the SEC lists SatoshiDice as the topic of the inquiry without specifying what rules are at issue, he said.
Popescu claims that U.S. securities laws don’t apply to MPEx because Bitcoin doesn’t fall under the legal definition of money. 
In January this year an SEC official revealed that the Commission was looking at question of whether Bitcoin-denominated stock exchanges are illegal. U.S. laws require securities-trading platforms to be licensed.
“You can invest in those companies with your Bitcoin online,” the official said. “And so the question is, are those unregistered exchanges or broker dealers operating in violation of the securities laws?”

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Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

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Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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