Insider Uncovers More Details On Sweden ‘s Online Gambling Regulation Draft

A few more details about the nearing regulation of Sweden ’s online gambling market emerged late last week. In a post on his LinkedIn page, Mark Knighton, Founder and CEO of Gothenburg-based business consultant Obsidian Consultancy, discussed several important provisions that were understood to have been included in Sweden’s draft gambling legislation. The provisions covered…

Novomatic Leaves German Online Gambling Market

Austrian gambling technology group Novomatic exited the online gambling market in Germany at the end of December, a spokesman said on Tuesday, calling for more regulatory clarity there. In September Novomatic shelved plans for a 5 billion euro initial public offering on the Frankfurt bourse due to due to uncertainty over new regulations regarding gambling…

Could this be the future of sports gambling?

A fat, Jewish kid from Chicago, by his own account, Robert Gorodetsky is also a 25-year-old college dropout who has emerged as one of the most compelling and controversial, albeit largely unknown, figures in sports. He wears a black cap with white letters that spell GAMBLR., and like his personal logo with the missing “e”…

As Supreme Court Weighs Landmark Sports Betting Case, Push To Curb Underground Market Intensifies

If a prominent bookmaker fielded a request to set a line on whether the Supreme Court will rule in favor of New Jersey in the landmark sports gambling case before the nation’s top court, the sportsbook may opt instead to keep the wager off the board. Following Monday’s hearing in Washington D.C., numerous gaming experts…

Cramer: Bitcoin is like ‘Monopoly money’ — you’re better off gambling in Vegas

Bitcoin is a pure gamble, and those interested in the cryptocurrency should just go to Vegas, CNBC’s Jim Cramer warned on Wednesday. The cryptocurrency, which has surged more than 1,000 percent this year, broke above the $12,000 mark on Wednesday morning, according to industry site CoinDesk. Bitcoin’s rapid gains have prompted some market participants to…

Who will inherit Stephen Paddock’s $5 million real estate?

Stephen Paddock, the gunman behind the deadliest mass shooting in modern U.S. history didn’t leave behind a will before killing innocent concertgoers in Las Vegas and then turning a handgun on himself—so what happens to his fortune? Stephen was an avid gambler and left behind an estate worth an estimated $5 million, but didn’t leave…

Actor Corey Feldman claims he was sexually harassed by two Hollywood stars

Corey Feldman revealed the name of one his sexual predators to Dr. Oz on Thursday. The ’80s star said the man who attacked him when he was 14 years old is named Jon Grissom, an actor who had bit parts in some of Feldman’s films including “License to Drive” (1988) and “Dream a Little Dream”…

Catalans declare independence as Madrid imposes direct rule

Catalonia has officially announced its independence from Spain after its regional parliament voted “yes”. The Spanish parliament has approved direct rule over the region. Spanish Prime Minister Mariano Rajoy had told senators direct rule was needed to return “law, democracy and stability” to Catalonia. The crisis began earlier this month when Catalonia held a controversial…

Russian engineer builds Partisan One, a low-budget HUMVEE substitute

A Russian engineer and designer came up with an idea to build a simplistic military vehicle as a substitute for the famous American HUMVEE series. It’s named Partisan One and its creator hopes to put it into serial production. The necessities of modern war have forced combat vehicles to get sophisticated, like the massive JLTV…