Cates is in rare company Another week of the 2022 World Series of Poker is in the books, but with so many tournaments running nearly around the clock, the days can blend into each other, so what is a week, really? Regardless of one’s concept of time, however, let’s take a look at some of ...
UFC Owner to Buy OpenBet for a Revised Price of $800m
A significantly lower price Endeavor Group Holdings Inc. is buying the sports betting business OpenBet in a deal worth $800m. The Ultimate Fighting Championship (UFC) owner had originally planned in September 2021 to buy OpenBet for $1.2bn from Light & Wonder. The original $1.2bn was to be in the form of $1bn cash plus newly issued ...
Gambling Act 2005 Review: ‘Nanny State’ Intervention or Much-Needed Reform?
MPs in disagreement In 2020, the UK government decided to take a closer look at the nation’s gaming laws. The Gambling Act 2005 has dictated the regulation of UK operators for almost two decades, and Conservatives have asserted that it is time to update what has become “an analogue law in a digital age.” more debate ...
AGA Praises Congressional Letter to DOJ Regarding Offshore Gambling Operators
Encouragement for illegal market investigation On June 29, nearly 30 congressional leaders sent a letter to the United States Department of Justice (DOJ) regarding the need for action against illegal offshore gambling operators. The letter pointed out issues with offshore sportsbook operations; the American Gaming Association (AGA) praised the effort. AGA is hopeful that the letter ...
Football Index-Like Soccer Trading Firm Operating in UK Without License
Under the radar An unlicensed soccer trading site in the UK is causing concern among victims of the recent Football Index collapse. Much like Football Index, SportsBroker allows users to buy and trade soccer shares that rise or fall based on a team’s performance. did not fall within the Commission’s remit to regulate” As reported by EGR, ...
The Five Best Bets in the Casino: Low RTP Bets
First things first: RTP is an acronym for Return To Player. Basically, it’s how casinos pay the bills, make a profit, and keep the lights on. It’s another way of displaying a game’s ‘odds’ – and usually applies to slots. Every single online casino bet you make has a return to player. For example: If ...
Imperial Palace Saipan Looks to Rise from the Ashes, Open Q4
After reaching an agreement with the Commonwealth Casino Commission in Saipan two weeks ago, Imperial Palace Saipan has announced new funding options and a tentative date to open the hotel and casino again. At one time, prior to opening the current location, the tables at its temporary satellite casino were the most lucrative in the ...
VSO Research Suggests 26-Year-Old American Is Ultimate Wimbledon Competitor
A historic tournament Strawberries, cream, white clothes, and tennis fans – what could it be other than Wimbledon? The oldest tennis tournament in the world has returned for another thrilling edition. Over the next week and a half, the competition will see the best tennis players from across the globe duke it out in the ...
D.C. Man Gets 13 Years in Prison for MGM National Harbor Casino Kidnapping
Crime took place 2021 A US District Judge in Maryland has sentenced Darius Young, 30, to 13 years in federal prison for his role in a kidnapping and robbery at MGM National Harbor Resort & Casino in 2021. Darius Young, a/k/a “Mup”, of Washington, D.C., must also serve five years’ probation In a news release Monday, the ...