Tag: sportsbook

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…

Ladbrokes can’t recover $100 million tax payment

It’s not often that someone wins against the taxman. Tax collectors are notorious for almost always making sure they cross all their t’s and dot all their i’s. This case wouldn’t prove to be the exception, either. First, it’s necessary to paint the background. A 2008 tax loophole was in place that allowed corporations to…

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…