• Gambling News

    • 03 October 2015

      Microgaming's European Live Dealer Games to be Handled by Evolution

      Live dealer games are a pretty important part of today's online casino environment. They offer players an alternative to the normal online casino experience by tying in elements of playing in a land-based casino. These elements include playing games with real deals who spin a real roulette wheel or deal games with real cards. It also adds a social factor to the game since you can interact with your dealer and the other players.

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    • 03 October 2015

      Oculus Announces Wearable Computer

      Oculus is known primarily for its virtual reality products, and now they're coming out with a wearable computer. This device is expected to start at $99, and it's expected to have immediate support for Facebook, Twitch and Netflix. This company is owned by parent company Facebook, so it's obvious that it will have their integration, and that leads the way for social gaming and other types of gaming to be integrated as well.

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    • 02 October 2015

      RAWA Supporters Could Attempt Another Tactic

      A new approach could be coming from supporters of the Restoration of America's Wire Act. They could impose what's known as a moratorium for two years that would effectively stop states from legalizing online gambling. The idea is that this would give Congress time to study the issue, and even though it would be a massive blow to states' rights, it's still something that's on the table, and it's much more likely to pass than the full-fledged RAWA bill. What is RAWA?

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    • 01 October 2015

      GBGC Announces Report on Virtual Sports Betting

      Virtual sports betting is something that critics have pointed to as being ridiculous, but a new report by the Global Betting and Gaming Consultants (GBGC) based out of the Isle of Man shows that it's very much on the rise. In the tenth edition of their Global Gambling Report, they've shown that the pressure to increase profits due to higher taxes from regulation has made many operators look for new types of betting, and virtual sports betting is one of those channels that they're looking to.

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    • 30 September 2015

      Opposition for RAWA Starts Piling Up

      Lots of different organizations have started lining up against the Restoration of America's Wire Act, a proposal that could see online gambling banned on a federal level. Among other things, it would seek to officially change the ruling on the Wire Act to ban all forms of online gambling instead of just betting on sports. A somewhat surprising number of groups and organizations have chimed in on the issue. A Letter to Congress

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    • 30 September 2015

      HollywoodBets Sponsors South African Team

      Gambling is an extremely complicated topic in South Africa. A part of that has to do with how dynamic some of the political changes have been from one party and administration to another and how wildly their viewpoints can vary. In a move that's sure to shake things up, a South African cricket team has received a sponsor that few would have guessed would happen, but now the realities of the situation are going to unfold, and it's going to be super interesting to see what happens.

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    • 30 September 2015

      Sweden Online Gambling Reform Coming

      Regulation for online gambling is a particularly interesting subject on a global level because so many different countries handle things in so many different ways, and there's not really any unified concept of how it should be handled specifically. Sweden has been adopting a model for a while based on a government-backed monopoly through a company called Svenska Spel, but like most other attempts at this type of monopoly in this industry, the approach has not been working.

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    • 23 September 2015

      Unibet Finishes Acquiring iGame

      Since the beginning of the year, and even as far back as the middle of 2014, we've been seeing a lot more mergers and purchases in the online gambling world than we've probably ever seen before. Lots of companies have been executing extremely strategic purchases recently, and it's creating a situation where a lot more connections have to be remembered than ever before. The latest of these is the purchase of iGame by Unibet that was finalized in the past week. Details on the Purchase

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    • 23 September 2015

      Daily Fantasy Sports Hearing Called For in Congress

      It's no secret right now that daily fantasy sports represent one of the fastest-growing segments of the online gambling market. It's gained more steam in the United States over the past 18 months than most forms of online gambling ever had, and more states have started making decisions about the legality of the game. Now there could be an upcoming congressional hearing on the subject as well. The Need for the Meeting Congressman Frank Pallone Jr.

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    • 17 September 2015

      California Daily Fantasy Sports Regulations Proposed

      There has been a pretty fierce battle going on in California over the online poker industry for the past few years, and a bill supporting it has failed once again because of political issues between racetrack operators, native tribes and other groups. The same person who proposed the poker legislation Assemblyman Adam Gray is behind a new proposal to regulate and provide licensing processes for daily fantasy sports sites to operate in the state. About AB-1437 for Daily Fantasy Sports

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    • 17 September 2015

      Playtech's Teddy Sagi Strong on Israel Wealth List

      In the online gambling world, Teddy Sagi is a big name when it comes to the business side of things. He has had strong ties with Playtech for a very long time, and he is currently their principle shareholder. Sagi is known for making a lot of major deals in different industries, and his deals so far this year have seen him almost double his net worth. This has shot him up on the list of the most wealthy individuals in Israel, and he is currently in the number six spot on the list.

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    • 17 September 2015

      Mt. Gox CEO Charged by Japanese Authorities

      At one point in time, about four-fifths of all bitcoin exchanges were handled by Mt. Gox, then the top exchange by far for bitcoin transactions. Having what seemed to be such a solid operation taking over such a large portion of the market helped the cryptocurrency to gain a lot of attention with huge fluctuations in its value. This all came crashing down when the Tokyo-based company was accused of fraud and a number of other crimes. Details on the Charges

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    • 16 September 2015

      Caesars Entertainment Fined $9.5 Million in Penalties

      Money laundering is something that's often tied to gambling because of how relatively easy it can be to launder money through gambling establishments. This is largely due to the cash nature of the business and how casino chips are mixed up and traded back and forth during games. Different casinos have to adhere to rules that help to prevent money laundering, and Caesars Entertainment found out the hard way that they weren't doing enough with a $9.5 million penalty. Why Such a Large Penalty?

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    • 16 September 2015

      GameAccount Network Rebrands to GAN

      A company's identity, no matter what industry they are in, is largely tied up in their branding. We saw this a few years ago when MoneyBookers switched its branding and identity to Skrill and pushed on to be one of the top online gambling payment processing options before being purchased by the parent company of Neteller. The GameAccount Network has decided that it's time for them to rebrand as well, so effective September 9, they will now be branded as GAN. Standard Rebranding Ideas

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    • 16 September 2015

      Isle of Man Sees Major Online Gambling Growth

      The Isle of Man is known for being one of the most reputable jurisdictions for online gambling in the world. It's where some of the biggest names have been based in the entire industry, and it's well-respected by everyone involved in the industry in any way. A recent report has shown that they have been growing quite a bit in this industry over the past year, and they generate a ton of revenues and jobs from it. Competition With Insurance

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    • 12 September 2015

      Optimal Payments Proposing Change of Name

      In the online gambling world, a name can mean everything. This is even more true for payment processors, who are often considered the front lines for trust because that's where a player puts their money first. After Optimal Payments brought on Skrill in their reverse takeover worth about €1.1 billion, it seems they're looking for a new identity. That new identity could be the Paysafe Group. Why Change Names?

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    • 11 September 2015

      New Bitcoin-Based Gambling Site Chopcoin Opens

      When bitcoin exploded in popularity over the past 18 months, it created a situation where a lot of people thought it would be perfect for online gambling transactions. The crypto-currency is particularly anonymous, though sometimes to the point of fault for some users, and it seemed perfect for many people who wanted security and safety with their online gambling transactions.

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    • 07 September 2015

      Bwin.Party Shows Huge Support for GVC Proposal

      One of the biggest topics going in the online gambling industry over the past couple of months has been the big bidding war between GVC and 888 Holdings for the purchase of Bwin.Party. We've seen them go back and forth with bigger and bigger proposals, but it seems like we might finally be getting towards the end of this extremely entertaining struggle. GVC Makes Massive Offer The previous offer by 888 Holdings was for a total of £898.

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    • 07 September 2015

      888 Holdings Officially Drops From Bwin.Party Bidding

      Since July, 888 Holdings has been fighting a fierce and entertaining bidding war with GVC Holdings over the purchase of Bwin.Party. We've seen big offers countered by even bigger offers, and the advantage has switched back and forth a number of times during this whole ordeal. However, it looks like GVC is officially the winner now because the 888 Holdings board has pulled support for any deal with Bwin.Party. The Final Days of the Bidding War

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    • 03 September 2015

      Net Entertainment Games Launch in New Jersey

      Over the past few weeks, Net Entertainment has been waiting to hear from the New Jersey Division of Gaming Enforcement on their license. Since that review could take some time, the DGE has granted NetEnt a wavier to offer games in the state while their official application is still under review. This is something that they have done before, but it's not something that they've done for all software companies, and there are some big reasons behind that. Bad Actors and Good Actors

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    • 01 September 2015

      Daily Fantasy Sports Confirmed Illegal in Washington

      Daily fantasy sports is probably the single fastest-growing segment of the online gambling industry for the past 12-18 months. It has absolutely exploded with the top companies securing major deals with sports teams, ESPN and other sports-related entities. While it's definitely a skill-based contest, Washington state doesn't really care because their ridiculous laws prohibit it anyway according to a recent statement by the Washington State Gambling Commission.

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    • 31 August 2015

      Dutch Online Gambling Grows Despite No Regulation

      Something that regulators are really starting to understand more and more each year is that online gambling is going to grow according to the demand for it, not how much politicians cross their fingers and hope that it will either grow or go away. That's exactly what the Dutch government is finding out right now. Regulator Kansspelautoriteit has found that there is going to be a year-on-year growth of about 7.

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    • 31 August 2015

      GVC and Bwin.Party Release New Takeover Statements

      For weeks now, there has been a massive bidding war for the sale of Bwin.Party. The main contenders are GVC Holdings and 888 Holdings, and neither of them are letting up an inch without a fight. It's an extremely entertaining process because of all of the tension combined with in-fighting in Bwin.Party. In the middle of all of that, GVC and Bwin.Party have released new statements. Yet Another Proposed Deal In the most recent proposed deal, Bwin.Party has been valued at 124p per share.

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    • 30 August 2015

      Sportingbet Stays in Irish Market Too Long by Accident

      Online gambling law is constantly changing, and the fact that different operators have to work with regulatory entities in different countries, states and provinces all over the world means that there are going to be some mix-ups from time to time. Sportingbet found this out the hard way when they allowed around 200 Irish players to make bets they weren't supposed to take due to new licensing processes. How This Mistake Happened

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    • 27 August 2015

      Playtech and GBG Make ID Verification Deal

      In the online gambling world, it's extremely important for sites and software platforms to be able to verify the identities of their players. Preventing fraud is one of the keys to keeping profits high and avoiding negative press, not to mention keeping players safe and satisfied. Playtech has been one of the biggest software providers around for several different types of online gambling for a long time, and they've recently inked a deal with GBG to provide ID verification.

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    • 27 August 2015

      PayPal Purchases Modest Mobile Payment Business

      The online gambling industry as a whole has been pushing very hard on the mobile front with games, platforms and software. However, one place where development has been lagging, comparatively speaking, is in payment processing. PayPal has recently purchased Modest, a start-up in the mobile payment processing sector, and it's an acquisition that could provide a model for making deposits and requesting withdrawals that the industry could leverage in a major way. What Modest Does

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    • 25 August 2015

      New Bitcoin XT Version Splits Community

      Bitcoin changed the face of online gambling for many people by being a viable, anonymous method of making deposits and taking withdrawals. However, the new Bitcoin XT, created by Mike Hearn, has received a big backlash from the Bitcoin community because of concerns that it will split and water down the currency in a way that will erode trust in the biggest virtual currency.

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    • 25 August 2015

      Genii Providing 130+ Games for Altenar Gaming Solution

      In a new deal, Genii will be providing over 130 games for the Altenar Gaming Solution, which helps Altenar in the mobile space in a tremendous way. Mobile is the fastest-growing part of the online casino world, and it has been for the past several years. Tons of people are on their phones more than they are their computers, so it makes sense that this would be the area that's seeing the most growth.

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    • 17 August 2015

      New Jersey Online Gambling License Awarded to Resorts

      Online gambling in the United States is at an extremely critical point right now where a few states have regulated the industry, but not enough states have banded together yet to really get a federal framework. In spite of that, New Jersey has shown once again that they have no intention of slowing down in the least bit by awarding a new online gambling license. How Resorts Digital Got Their License

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    • 14 August 2015

      UK Gambling Commission: List of Approved ADR Entities

      In the United Kingdom, there have been some huge changes in how online gambling is handled inside of the past 18 months. One of the biggest changes that benefits players is the Alternative Dispute Resolution for Consumer Disputes process. The way that this works is that each operator that's licensed by the UK has to use at least one of the ADR entities by the beginning of this September. These entities will mediate in the case of disputes for the players. Who Made the List?

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