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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