Gambling News

  • 23 December 2015

    Amaya Finally Launches BetStars Daily Fantasy Site

    In the online gambling world, the biggest thing that's come out over the past two years is the push for the daily fantasy sports leagues. The Amaya Gaming Group has decided to throw their hat into the ring with their BetStars brand in a strategic move that could pay some massive dividends. The whole situation is complicated for a number of reasons, in particular because they have only opened their doors to a very select number of jurisdictions.

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  • 17 December 2015

    UK Bookkeeper Gets Jail For Gambling With Stolen Funds

    There are cases every single year of people stealing to gamble, and that's just a part of the industry that seems like it will never go away. If you look at a recent case out of Maidstone in the United Kingdom, you'll find a 57-year-old grandmother who has received jail time for 40 months for stealing from her employer. She stole a total of £913,000 from Tara Plant Hire and an additional £33,000 from Steadfast Carpentry.

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  • 17 December 2015

    A New European Disputes Platform is Coming

    One of the issues that we run into in the online gambling world is that there are no unified standards. It can be difficult enough to get politicians in a single country to agree on rules and regulations, so it's easy to see how it's nearly impossible get multiple countries to come together. However, that's exactly what's happening in February 2016 with a new European Online Dispute Resolution platform that will be called ODR for short.

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  • 10 December 2015

    GVC Holdings Vote Coming Over Bwin.Party Acquisition

    Big business deals happen fairly often in the online gambling industry, but there's been one this year that stands out among all of the rest. The acquisition of Bwin.Party by GVC Holdings was the result of a massive bidding war against 888 Holdings, and it was one of the most entertaining stories of the year from the larger industry as a whole. Now this is finally coming to a close since GVC shareholders are set to vote on accepting the acquisition.

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  • 10 December 2015

    DraftKings Sues Payment Processors for Pulling Service

    The drama just doesn't end for the daily fantasy sports industry. DraftKings has launched a lawsuit in Boston against Vantiv and Optimal, two payment processing companies, over a breach of contract issue after they pulled their services. This pull came after the New York Attorney General filed a cease and desist warning, which DraftKings is currently contesting in court. This comes down to the effects of the UIGEA, and that's an extremely complicated topic for daily fantasy sports companies.

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  • 10 December 2015

    Daily Fantasy Sports Companies Wait on NY Decision

    Daily fantasy sports have been having a really hard time over the past couple of months. It started off with a handful of states deciding that the service was against their online gambling and/or sweepstakes laws, and then there was the scandal. This scandal involved a DraftKings employee using inside information to pull six figures in winnings in one weekend at FanDuel.

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  • 07 December 2015

    Cat Shelter Donations Gambled Online by Ex-Stripper

    There are really weird cases that happen a lot of the time, but it's hard to find one weirder than what's been going on in South Australia. A ex-stripper by the name of Nicky Hocking has been accused of using donations for her The Furry Ones cat shelter charity for online gambling. Her license for the charity has been suspended pending an investigation, and this investigation has already found a number of problems.

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  • 06 December 2015

    EveryMatrix Granted License in Denmark

    The way licenses are handled in Europe right now is complicated because each country handles regulation in its own way, and there are no unifying standards. This means that each casino operator or software company has to work towards getting a variety of licenses, and EveryMatrix has added to the list of licenses that they have earned by getting licensed in Denmark for offering online gambling services.

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  • 06 December 2015

    Details From Paysafe Group's 2009-2010 Hacking Released

    In the online gambling world, one of the biggest worries of players is that their personal and financial information will be hacked. That's exactly what happened to some degree with a handful of attacks that happened in 2009 and 2010, and these attacks were investigated in detail. A total of about 3.6 million accounts from Neteller and 4.2 million accounts from Skrill were affected in this data breach.

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  • 06 December 2015

    New NetEnt Content Deal Awarded to SoftSwiss

    This year has been a big one for SoftSwiss, but they're ending 2015 on an even stronger note with a new content deal. This deal will see Net Entertainment titles released on the SoftSwiss platform in another step by SoftSwiss to include third-party developers. This is the largest signing of the sort, and it goes to show that the growth SoftSwiss has seen has not been a fluke because one of the biggest names in the business is willing to work with them.

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