GPWA Times Magazine - Issue 36 - October 2016

LETTER FROM THE DIRECTOR ISSN 1941-9872 Executive Director: Michael Corfman Program Director: Anthony Telesca Program Manager: Jim Keith Membership Manager: Nancy Troy Member Services: Loriann Sheridan Marketing Director: Andrea Mullaney Managing Editor: Gary Trask Copy Chief: Clare Fitzgerald Associate Editor: Abby Messick Designers: George Choi, Zoran Maksimovic´ SUBSCRIPTIONS For a FREE subscription to the GPWA Times Magazine, visit GPWAtimes.org ADVERTISING To advertise in the GPWA Times Magazine, please e-mail: sales@gpwa.org GPWA GPWA TIMES MAGAZINE UIGEA. It’s probably the most provocative and powerful acronym in iGaming — and on 13 October 2016, it celebrates its 10th anniversary. It’s hard to believe, but the Unlawful Internet Gambling Enforcement Act is a decade old, and in this issue gaming lawyer Christopher Soriano takes a look back at this controversial legislation that changed our industry forever. Speaking of industry-changing developments, in our cover story, Clare Fitzgerald reviews the evolution of bitcoin and explores some of the legal questions that have surrounded the cryptocurrency since it was introduced seven years ago. After interviewing both attorneys and gaming affiliate program managers, it’s clear that bitcoin is gaining momentum and its presence in the iGaming space is becoming increasingly important. Elsewhere in this 36th issue of the GPWA Times Magazine , Gary Trask discusses the emerging political betting market with a renowned professional gambler and iGaming affiliates who agree that November’s U.S. Presidential election is likely to attract a record amount of interest and gambling action. We also sit down with four affiliates and a pair of affiliate managers who give us some keen insight on how they run their respective businesses, and we present an extensive photo gallery from the recent Amsterdam Affiliate Conference. Finally, this issue will be available at G2E in Las Vegas in September and the Berlin Affiliate Conference and EiG inOctober. The friendly faces of the GPWAwill be present and accounted for at all three events, so please be sure to stop by our booth and say hello. And if you’re not already a GPWA Times Magazine subscriber, please visit GPWAtimes.org/subscribe and sign up for your free subscription. Sincerely, Michael A. Corfman Departments 6 Quotables 7 Webmaster News 8 By the Numbers 10 Photo Gallery 36 Affiliate Interview Series 60 GPWA Sponsors 64 Affiliate Manager Interview Series 72 APCW Hall of Fame 74 Event Calendar ‘Bullish’ on bitcoin Clare Fitzgerald explores the main- streaming of bitcoin over the past two years, and what it means for affiliates, regulators and online gaming in general. Political punting on the rise Gary Trask looks at the recent expansion of political betting and its underrepresentation among affiliates. 28 1 0 years of UIGEA – Solutions or problems? Duane Morris’ Christopher Soriano provides a retrospective of the United States’ most controversial federal gaming law, the Unlawful Internet Gambling Enforcement Act. 18 32 W W W . G P W A T I M E S . O R G 4