In this week's edition of the Weekly Industry Update, Harry Reid signals a federal bill is making progress and a Black Friday processor pleads guilty in New York. Check out these stories and more in this week's report.

Reid: Federal Bill "Making Progress" While Nevada gets ready to regulate online poker and more states follow suit, Harry Reid offered fresh hope that a federal bill could still be in the cards. Harry Reid told a Gambling Compliance reporter that "we cannot have a series of laws around the country related to gambling." Most interestingly, Reid told the reporter that he was "making progress" with Jon Kyl on federal legislation. Jon Kyl has traditionally been one of online gambling's biggest foes but could agree to a internet poker bill if other forms of gambling were barred.

Zynga Changes Position on Real Money Poker?: It seems that Zynga, the world's largest social media gaming company, may be softening their position on real money gambling. The company confirmed on Friday that they are now speaking with potential partners to "better understand and explore" the opportunity in real money poker. The entry of Zynga, which has 30 million monthly users, into the real money online poker market would be an undeniable game-changer for the industry.

Full Tilt Poker Update: Last week Ira Rubin, one of the payment processors indicted on Black Friday that processed for Full Tilt, pleaded guilt to conspiracy charges in New York. Rubia was alleged to have helped offshore poker companies process billions of dollars in illegal gambling proceeds. As part of the plea deal, Rubia could face 18 to 24 months in prison.

In regards to the Full Tilt Poker/GBT sale progress, there have been no major developments since Full Tilt Poker agreed to transfer assets to GBT in the middle of December.

PokerScout Traffic Update: Online poker traffic stabilized last week accroding to PokerScout after a large 10% upswing the previous week. PokerScout was the only room in the top five to decline, however. Merge Gaming saw its traffic increase by 3%, likely due to a Bad Beat Jackpot that had increased to $1 million and was subsequently hit hours later.

Jottings: Superuser scandal victims sue Ultimate Bet...Internet world rallies behind SOPA opposition, Megaupload seized following day...PokerStars CEO Steps Down...State race for online gambling begins...State profits from internet gambling may be smaller than expected...Iowa lawmaker making push for online poker.