Gambling News

  • 01 July 2015

    Operator Primedice Taken for Over a Million in Bitcoin

    Bitcoin of what we think about when it comes to how currency works and the opportunities that come up when we have anonymous payment methods. A number of online gambling sites like Primedice have found themselves offering deposits and withdrawals in bitcoin as a sort of marketing ploy that's gained some sites a fair amount of attention. However, the anonymous factor, so often touted as a massive advantage, led to Primedice being fleeced for seven figures.

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  • 09 June 2015

    NetEnt Granted Spanish Online Gambling License

    The Directorate General for the Regulation of Gambling  has awarded a license to operate in Spain for Net Entertainment, and this comes just as they have allowed online casinos to offer slots. The timing doesn't seem to be coincidental, and it's a big step forward for the market as a whole. Net Entertainment's portfolio of games centers largely around online slots, and it's not necessarily the case that they'd be very popular in Spain without those titles being made available.

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  • 02 June 2015

    Italian Regulator Blocks 5,000+ Illegal Gambling Sites

    The regulator for online gambling in Italy is the Agenzia delle Dogane e dei Monopoli, and they send out regular reports about their activities each year. This includes financial reports, but it also includes other information like the ways they have been enforcing rules about unlicensed sites operating in the country. This type of information in a recent report shows that they are doing a whole lot of blocking and going after illegal operators.

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  • 02 June 2015

    666Bet Announced They Have No Money to Repay Players

    One of the most important things that online gambling sites are supposed to do with money in player accounts is keep them in segregated bank accounts so that the funds don't mix with each other and so they do not mix with operating funds for the site itself. The point is that the money still belongs to the player at that point, even though it's in an account with the casino.

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  • 02 June 2015

    The Fight for Online Gambling Continues in South Africa

    In South Africa, there's a long and really interesting history when it comes to online gambling because it's been legalized and made illegal in various forms over and over again. Right now certain types of online gambling are legal like sports betting, but most forms are not. Geordin Hill-Lewis is a South African MP who has been fighting the good fight trying to get online gambling laws expanded, but he's running into a ton of opposition from the government.

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  • 01 June 2015

    Police Union Finance Officer Stole One Million for Gambling

    It's not looking like a good time for the financial officer of the Queensland Police Union Kelly Harris. Harris is accused of stealing about a million dollars from union accounts over around six months. These allegations state that funds were moved to accounts that did not belong to the union where the funds were then used to bet online on horse races. Kelly has gotten a lawyer for himself, and it's going to be interesting to see how this one turns out.

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  • 27 May 2015

    California Continues Looking at Online Poker

    In hearings this week in the joint Senate-Assembly for the state of California, Governmental Organization committees heard expert testimony from several interesting parties that had a lot to say about the feasibility of vetting and licensing operators. They also heard from others who had other types of interest in the proposed legislation, and a strong case for online poker's expansion continued to be heard.

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  • 26 May 2015

    Online Gambling in the UK Has Grown at 8.3 Percent Annually

    Anyone who is involved in the online gambling industry in any capacity can tell you that it's growing, but we don't always get straight-forward numbers on just how much it is. The Gambling Commission of the United Kingdom, however, has been tracking values since 2008, and they have some very serious numbers that paint a clear picture about what growth in this industry has been like. The Real Growth From 2008 through 2015, participation in online gambling grew an average of 8.

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  • 19 May 2015

    Dutch Regulators Working With Isle of Man in New Agreement

    One of the main problems facing the online gambling world is that there are no unified rules about what should and shouldn't be allowed. There are no standards of behavior or for licensing, and because different countries have different rules on taxation, it wouldn't necessarily be helpful if they did. It's been a long time coming for countries to start working together more on this issue because independent licensing and accrediting groups can only do so much.

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  • 19 May 2015

    Romania Creates Questionable Retroactive Tax Policy for Online Gambling

    Romania has been a trouble area for online gambling legislation for a while, and for the past several years, they have been trying to get together some kind of comprehensive plan to create a better situation for licensing and regulation of the industry. All of that is finally over, and all that's left is the president's signature. However, one particular part of the soon-to-be law involves retroactive taxes for companies that were operating in the country since 2009.

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