Tag: Gambling

Could online gambling boost economies?

Since their introduction to the online space in the mid-90s, online casinos have only been growing. Although land casinos are still undisputed champions of the gambling industry, online casinos have been spreading like wildfire in recent years, becoming the preferred choice of many players. It’s far easier to sit from home and play a game…

States racing for piece of sports gambling action

The morning of May 14 started like any other for Jake Williams at Sportradar U.S. Hours later, following the U.S. Supreme Court decision legalizing sports gambling nationwide, he felt like a fourth round National Football League draft pick — happy for the news yet aware of the long and uncertain road ahead. Williams is the…

Online gambling site 888 to pay almost £8m for ‘failing vulnerable customers’

Online gambling firm 888 has been ordered to pay more than £7.8m for not helping vulnerable customers to limit the damage of their gambling addictions. The Gambling Commission on Thursday said that, due to a technical failure in 888’s systems, over 7,000 customers who had chosen to self-exclude from their casino, poker or sports betting…

DraftKings heads down under with Australian expansion

American daily fantasy sports company DraftKings has announced that it will begin offering daily fantasy sports (DFS) contests to Australian punters in Q2 2018. The company confirmed that it has been granted a government licence by the Northern Territory Racing Commission, under which it is permitted to offer DFS contests in Australia. Announcing the licence…

Tycoon Stanley Ho retires: Macau’s ‘King of Gambling’

Macau gambling king Stanley Ho’s swashbuckling corporate deal-making style transformed Macau from a sleepy peninsula dotted with seedy, windowless gambling dens into the world’s biggest casino centre. One of Asia’s richest men, the flamboyant tycoon made his riches by smuggling luxury goods into China from Macau during World War II, before he secured the only…

Atlantic City Casino To Launch An Online Gambling Service Via GAN

International online casino supplier GAN is going to increase its footprint in the US. Already involved in New Jersey online casinos, GAN announced this week it would be powering the online gambling arm of the planned Ocean Resort Casino, formerly the Revel in Atlantic City. The UK-based company offers turnkey software solutions for both social…

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”…