Gambling News

  • 08 January 2016

    Wisconsin Pushes for Legalized Daily Fantasy Sports

    Over the past six months or so, daily fantasy sport contests have been a segment of the industry that has gotten a lot of bad press and a lot of bad news. They saw a ton of rabid expansion in late 2013 and early-to-mid 2014, and that expansion brought a lot of attention to the contests. At this point, a number of states have decided that these events go against their laws for online gambling, and more than one state has had their Attorney General declare DFS illegal in their borders.

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  • 08 January 2016

    Boosted Italian Market Penetration for NYX Gaming

    One of the effects of the new era of regulation for online gambling in Europe is that business deals have become strategic for different reasons. Now companies have to try to maneuver to gain ground in individual markets because of how each country has their own form of regulation.

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  • 06 January 2016

    Three California Betting Bills for Consideration

    The Government Oversight Committee of the California state legislature has put a lot of emphasis and priority on a hearing that's happening on January 6. The point of this hearing is to look at legalizing intrastate online poker along with the same for sports betting and daily fantasy sports. One of the bills is the Internet Fantasy Sports Game Protection Act, and it was introduced back in September.

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  • 06 January 2016

    Lucky Irish Woman Gets £100,000 Christmas Surprise

    Lots of people from all over the world go shopping in the weeks and months leading up to the end of December for a variety of holidays and occasions. One lucky woman by the name of Stephanie Harkin decided to pick up a scratch card while she was out shopping for a school festival, and this Northern Irish 28-year-old picked up a big £100,000 payout for a surprise Christmas present.

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  • 06 January 2016

    Regulators Watching Adelson's Newspaper Takeover

    Sheldon Adelson's family recently bought up the Las Vegas Review-Journal for a total of about $140 million. Because he has gambling businesses running in both Pennsylvania and the state of Nevada, Adelson is going to be subject to monitoring from gambling regulators over this transaction. The justification comes from the fact that regulators reserve the right to look into transactions like this from the News & Media LLC that's owned by Adelson's family.

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  • 06 January 2016

    A Big 888 and William Hill Merger Could Be Coming

    The online gambling industry has seen a lot of activity in the past year when it comes to major mergers and acquisitions. There have been lots of takeovers, purchases, buyouts and mergers that have completely changed the face of the industry and where the top companies rank relative to each other. One of the big mergers everyone has been expecting is one between 888 and William Hill, and it'll be interesting to see if it happens.

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  • 27 December 2015

    Sports-Based Partnership Between NBC and Yahoo Continues

    NBC Sports and Yahoo have had a deal for a while that sees them combining Yahoo's daily fantasy sports product with NBC Sports' video library and other promotional services. This partnership is interesting because of the synergy that the two entities create since they complement each other so ridiculously well. They also show that they're both betting on fantasy sports to continue to be popular, and this is interesting timing considering the hot water the industry has been in lately.

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  • 27 December 2015

    Cherry Group Purchased Moorgate Media, NorgesSpill

    The online gambling world sees business deals happen all the time with one company buying another or selling a part of itself to another business. These frequent deals introduce a lot of strategy in terms of how business is done, and the Cherry Group seems to have this strategy down to an art form. They've recently picked up two different companies for two different reasons with Moorgate Ltd. and NorgesSpill.com, and it's interesting to see how these deals complement Cherry's current operations.

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  • 27 December 2015

    UK Gambling Licensed Awarded to Yggdrasil Gaming

    Yggdrasil Gaming has made a name for itself in the past few years. They've been coming out with very high-quality content that players love, and they've made a lot of deals to have their games distributed through a lot of different channels. All of this momentum has been punctuated in a major way here in the last month of 2015 by gaining a license from the United Kingdom Gambling Commission. This will allow them to offer their own platform and their games to players from the UK.

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  • 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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