Gambling News

  • 23 December 2015

    London Stock Exchange Receives Paysafe Group

    It might sound strange to some people from places like the United States, but there are tons of online gambling companies that are publicly traded. These companies are viewed as being just as legitimate as any other business, chiefly because they are. However, the main market for the London Stock Exchange, just like the main markets for many other stock exchanges, is still the place to be, and that's where the Paysafe Group is headed.

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  • 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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  • 06 December 2015

    Certification in the UK Added to iSoftBet's Credentials

    Different jurisdictions hold different weights in the online casino industry. A license in Costa Rica, for example, is generally seen as little more than a rubber stamp, but a license in the United Kingdom is a really big deal. This all comes down to how the different jurisdictions are handled and how much credibility they have in terms of having solid rules that are enforced.

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  • 29 November 2015

    Yggdrasil Offers Up Nirvana Online Slot

    Mythology is a heavy word for a lot of people, but it's something that online slot providers have used as the inspiration for many of their games. Yggdrasil is no different, and they've recently added a new game called Nirvana that's based around three goddesses. This game is jam-packed with features, and it looks to be one of the biggest releases of the year for this software developer.

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  • 25 November 2015

    Estonian Chanz Casino Has Initial Launch

    One aspect of online casino play that's always been inferior to the land-based product is the social factor. A lot of people go out to play in land-based casinos to meet people and have a good time socially, and that's something that can't really be matched in most online casinos. However, a new site called Chanz Casino in Estonia is looking to buck that trend by taking advantage of how connected everyone is through social networking platforms like Twitter and Facebook.

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  • 25 November 2015

    Daily Fantasy Sports Giant FanDuel Forms Board of Advisors

    A new advisory board has been created for FanDuel, one of the two largest daily fantasy sports companies in the world. The board's express purpose is to help the company develop policy, but it's not hard to see that they're scrambling at this point to get as much positive publicity as possible after the scandals and other hits that the industry has taken in the past couple of months. Who is on the Board This board consists of a number of big names in sports and politics.

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  • 25 November 2015

    Realistic Games and Rank Interactive Sign Content Deal

    New content deals have been happening left and right lately, and there's yet another that affects Realistic Games this time. They've signed a deal that will have a lot of their content featured on the Bede software platform, one of Rank Interactive's key products. This includes all of their new games like the Super Graphics Super Lucky line, Fireworks, 6 Appeal and others. It's a cool deal that gives Realistic Games even more exposure.

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  • 25 November 2015

    BetSoft Now Providing Content for SlotsMillion

    SlotsMillion is an online casino that's known for having an overwhelming number of online slots. Their whole gimmick is this idea that they have more slots in one place than anyone else, and it's really the case since they have well over 1,000 titles. Thanks to a new content deal with BetSoft, that number's going to increase to even higher levels.

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  • 20 November 2015

    Illegal Operators Get Big Fines in the Netherlands

    In the Netherlands, the gambling regulator's name is Kansspelautoriteit, and they have thrown some pretty big fines in the direction of two companies, backers of RedSlots.com. The two companies in question are Bluemay Enterprises and Redcorp, and a further look into RedSlots.com has shown some shady claims about their payment processor Megaton Ltd.

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  • 20 November 2015

    BetSoft Pairs With CoinGaming.io for Bitcoin Releases

    When bitcoin's popularity really went through the roof in 2014, players and industry experts realized that the cryptocurrency could be used to fund deposits and withdrawals for online casinos. Bitcoin casinos sprung up afterwards, but a lot of them had limited software selections. This doesn't seem like it's going to be an issue for CoinGaming.io after a new deal with BetSoft will have them offering some of the best content in the industry today. Details on the CoinGaming.

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  • 16 November 2015

    The AGA Has Taken a Position on Daily Fantasy Sports Regulations

    The American Gaming Association has had what some would consider a questionable history when it comes to supporting online gambling in the United States. Because their primary backers are those involved with land-based gambling, it's hard to know exactly where their motives lie when they make statements about the online sector, and this includes daily fantasy sports. They've made some statements about DFS, and it seems like they're wanting to use it as leverage to expand sports betting.

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  • 16 November 2015

    New York Supreme Court Lawsuits for DFS Juggernauts

    Daily fantasy sports hasn't been doing so well over the past couple of months. After a scandal broke loose when a DraftKings employee used insider information to pull about $300,000 in winnings from FanDuel, they have been under fire from virtually every direction. After New York Attorney General Eric Sniederman pressed a cease-and-desist order on them, they have struck back with individual lawsuits in the Supreme Court of the state of New York.

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  • 14 November 2015

    Aussie Advertising Code to be Influenced by Watchdog

    Advertising for any type of gambling is an extremely touchy subject. On one hand, it's reasonable to think that businesses should be able to advertise their products and services so that they can gain more customers and remain profitable. On the other hand, gambling can be advertised in predatory ways, especially towards underage individuals and those with compulsive gambling problems.

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  • 14 November 2015

    Cease and Desist Letters Sent to DFS Giants from New York AG

    If you want to see how much regulation is needed for anything resembling online gambling in the United States, then you don't have to look further than what's happening for daily fantasy sports right now in New York. Attorney General Eric Schneiderman has issues a cease-and-desist order against the two largest daily fantasy sports leagues, FanDuel and DraftKings, in a move that is questionable at best.

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  • 11 November 2015

    Deckmedia Group Opening New Red Stag Casino Site

    The Deckmedia group is known for operating a selection of well-received online casinos that have all earned their stripes independently and as a group. Now they are launching another site called Red Stag Casino, and it looks like they've taken all of their prior experience into consideration when putting together the inner workings of this new online destination.

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  • 11 November 2015

    Congressional Hearing Set Up for RAWA in Early December

    The Restoration of America's Wire Act is the product of Sheldon Adelson's campaign to end online gambling in the United States to protect his land-based casino empire. It hinges on changing the Wire Act from the 1960s, an act used to combat organized crime sports betting operations that took bets over the phone, to something it was never meant to be: a law that affects all forms of gambling on a piece of technology that wasn't even invented yet.

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  • 10 November 2015

    Optimal Payments User Info Possibly Compromised From Old Attack

    Forbes has released a big investigative article that goes into a lot of detail about the attacks against Moneybookers (now Skrill) and Neteller that happened between 2009 and 2010. Those hacks were thought to be fairly harmless at first, but it's come to light that millions of individuals had their data stolen in the breach. This includes password hints for Neteller along with telephone numbers, emails, addresses, birth dates and other information for both.

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  • 05 November 2015

    DraftKings and FanDuel Are Feeling the Heat Even More

    Several weeks ago, there was a scandal where a DraftKings employee used inside information not available to public players to win six-figures in winnings on FanDuel. This has prompted a tons of attention towards regulating the games like in Florida where they're looking at the industry very closely. To make things worse, dozens of lawsuits are popping up against these companies as well.

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  • 05 November 2015

    More DDOS Attacks Are Happening Against Gambling Sites

    The publication Daze recently releases some statistics that should make everyone in the online gambling community sit back and take notice. They've claimed that about 45 percent of online gambling operators are hit with DDOS attacks and that about 75 percent of those attacked are done so multiple times. On top of that, 90 percent of those were attacked in the past year, and 10 percent were targets inside of the past seven days, on average.

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  • 05 November 2015

    Italian Online Gambling Sees New Rules and Regulations

    Italy is looking to change things up a bit in the next year by adding some things to their regulations for online gambling. For the first time, existing licenses for online gambling are needing to be renewed, and new licenses are likely to be issued. On top of that, there are provisions for Internet cafe situations that could change things up quite a bit.

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  • 05 November 2015

    Portuguese Online Gambling Licenses Coming in 2016

    Regulation for the online gambling industry has been sweeping over Europe, and we're seeing the results of that once again in Portugal. They have finally set up their own regulatory structure, but much to the dismay of some players, licenses will not be issued until the beginning of 2016. Even though players will have to wait a couple more months, this is a great sign that they're taking things seriously.

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