• Gambling News

    • 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

      Read full article
    • 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.

      Read full article
    • 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.

      Read full article
    • 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.

      Read full article
    • 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

      Read full article
    • 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.

      Read full article
    • 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

      Read full article
    • 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.

      Read full article
    • 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.

      Read full article
    • 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

      Read full article
    • 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?

      Read full article
    • 12 August 2015

      Macho Sports Illegal Sports Betting Sentencing Complete

      Of all of the different types of gambling out there, it seems like sports betting is the type that gets the most attention to being tied to different types of crime. This is definitely the case for the operators of Macho Sports who were hit with a handful of different federal charges after a sting operation ended with them forfeiting millions of dollars in assets. The Amounts Forfeited

      Read full article
    • 10 August 2015

      Asset protection does not protect you from the Internal Revenue Service

      Dear Reader, This Blog could be one sentence long: “Asset protection does not protect you from the Internal Revenue Service!” Since some will doubt me, and many have tried to beat the Collector (the most powerful arm of the U.S. government targeted at citizens rather than terrorists), here are 10 reasons why asset protection is useless against the government. First, the homestead exemption does not apply to the IRS.

      Read full article
    • 09 August 2015

      Unibet Purchases iGaming Holding in Continued Expansion

      In a move that expands in key areas, Unibet has purchased iGaming Holding plc. This deal was made for €59 million in cash, and another €20 million could be on the way based on future performance. This is a pretty typical deal for a purchase of this size, and it just goes to show that Unibet is continuing to expand. However, they aren't just expanding in any direction they can for the sake of it. Instead, they're growing in a very strategic way. Unibet Growth Strategy

      Read full article
    • 05 August 2015

      Coingaming Launches Bitcoin Online Sportsbook Software

      When bitcoin started becoming popular a couple of years ago, one of the things that people naturally gravitated to was the idea that it could be used to fund online gambling accounts. The anonymous aspect of the transactions made it really easy to see some advantages of this. Coingaming was a software company that jumped at this opportunity and started created software solutions for operating online gambling sites based around bitcoin.

      Read full article
    • 05 August 2015

      Amaya Sells Chartwell and CryptoLogic to NYX Gaming

      The Amaya Gaming Group has made an enormous amount of noise in the news over the past year, and they've done it again with a key deal that shows a lot about their investment strategies. They have sold Chartwell and CryptoLogic, two online casino software providers, to NYX Gaming. This deal was for $110 million in cash and $40 million in stock, and this comes after they've held both companies for less than four years. The Original Purchase Back in 2011, the Amaya Gaming Group bought Chartwell.

      Read full article
    • 02 August 2015

      Malta Gaming Authority Pulls Three Mob-Linked Licenses

      In an interesting move, the director of Fenplay Ltd was arrested recently because of his connection with the 'Ndrangheta betting network. Vincenzo Giuliano was arrested along with 27 others in this investigation of the Italian mafia. Along these lines, Fenplay has seen its license suspended by the Malta Gaming Authority, and they have been told to stop all activities. Players are able to email the Malta Gaming Authority at support.mga@mga.org.

      Read full article
    • 01 August 2015

      GVC Continues Push for Bwin.Party

      The bidding war for Bwin.Party has been primarily held between two groups. On the one hand, you have 888 Holdings, and on the other hand, you've had a cooperative effort between GVC and the Amaya Gaming Group. The GVC-Amaya cooperation was thought to have lost the bidding battle to 888 Holdings after an earlier announcement, but it seems like GVC just won't quit. They've announced a new offer to Bwin.

      Read full article
    • 01 August 2015

      Rival Gaming Leaves the UK Market

      In the past couple of years, the United Kingdom has revamped how they handle the licensing and taxes for online gambling companies. This includes software companies that offer games to operators, and these new regulations have put a number of companies in a bind because of how difficult it is to stick to the guidelines that the UK requires for compliance. Rival Gaming is the latest in a number of companies who have decided to leave the market instead of sticking around. Why Did Rival Leave?

      Read full article
    • 01 August 2015

      Beteagle Owner Joseph Graziano Gets 18-Month Sentence

      Beteagle is an online sportsbook that was owned by Joesph Graziano, and it offered its services to United States players. This earned him an 18-month prison sentence, a $1 million forfeiture, another $16,000 fine, and three years of supervised release. His associate Dominick J Barone had already pleaded guilty to related charges, and Joseph Lascala is set to be charged as well. These figures are all connected to organized crime in the area. The Useless Wire Act

      Read full article
    • 27 July 2015

      Net Entertainment Offering Content for Gala Coral

      Net Entertainment has been expanding in a major way over the past few years, and they've made another big deal that's going to get their games in front of even more players. A new deal with the Gala Coral Group will see NetEnt games in Galabingo, Galacasinio and Coral. These are the Gala Colal's groups three top-performing brands, and it will get them in front of a ton of people who probably haven't seen their games before. Importance of the Deal

      Read full article
    • 27 July 2015

      South Africa Plans Stronger Online Gambling Enforcement

      For more than 10 years, the topic of regulating online gambling has been debated back and forth. As it stands right now, most forms of online gambling are essentially illegal in the country. Though many politicians are able to point out why it makes sense to regulate the industry, there's still a lot of opposition. Most recently, the National Gaming Board is putting together a strategy to go after unlicensed operators offering their services to those in South Africa. Same Old Story

      Read full article
    • 23 July 2015

      Information on the Bwin.Party Buyout Released

      There has been a massive bidding war going on for a while now when it comes to the sale of Bwin.Party. 888 Holdings has been competing primarily against a join cooperation between GVC and the Amaya Gaming Group, and they've recently suggested a big deal that includes almost a two percent premium on the recent closing prize for Bwin.Party. Details about this deal and the offer that 888 has given, and it covers a fair number of things that players will want to be aware of. Impact on Players

      Read full article
    • 22 July 2015

      Betway to Innovate with Pub Ads on Screach Platform

      Being able to target key demographics is a major part of what can make an online gambling brand successful. Advertising is great, but if you're not advertising to the people who want to use your product, then it's not very useful. Betway has found a way to get into a lot of pubs where their potential customers are waiting, and that's with an exclusive advertising deal that has been made with the Screach platform. What is Screach?

      Read full article
    • 22 July 2015

      888 Holdings Wins Bwin.Party Bidding War vs. GVC-Amaya

      For anyone who has been around the online gambling world for any amount of time can tell you, companies are constantly being bought and sold. Whether it's a large software company purchasing a smaller one to boost their portfolio and prevent future competition, or whether it's a large investment group buying up companies they believe are undervalued, there's always some kind of business news attached to the online gambling industry.

      Read full article
    • 22 July 2015

      USA Anti-Online Gambling Lobby Grows Larger

      The lobbying effort against the expansion of US online gambling has continued to grow. Sheldon Adelson's Restoration of America's Wire Act is the main focus, and Squire Patton Boggs of Washington has joined the cause. This has been done through Adelson's Coalition to Stop Internet Gambling. This firm includes a number of major political figures, and it shows that the lobby against online gambling is continuing to grow. Major Political Figures

      Read full article
    • 19 July 2015

      Unibet Buys Bookmaker Stan James Online Operations

      In the United Kingdom, the online gambling market has seen a bit of a chokehold put on it after regulations and licensing changed over the past couple of years. One of the major effects on the industry was that there aren't very many large online sports betting operations going, and that means that when a company like Unibet is looking to expand their market reach in the UK, they don't have many options for acquisitions.

      Read full article
    • 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. Software Flaws

      Read full article
    • 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.</p>

      Read full article
    • 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. Enforcement Measures

      Read full article