Multiple compliance failures The UK Gambling Commission (UKGC) has ordered Novamatic subsidiary Greentube Alderney Limited to pay a £685,000 ($912,180) penalty, citing social responsibility and anti-money laundering failures. The UK gambling watchdog took to Twitter December 2 to share news of its regulatory action against the Vienna-headquartered global iGaming service provider: An online gambling business must pay ...
A long-running issue Colossus Bets has filed a lawsuit against DraftKings, accusing the sportsbook operator of patent infringement. The London-based Colossus Bets filed the lawsuit on Wednesday with the US District Court of Delaware through the DLA Piper law firm. full or partial buy-out offer made at any time prior to completion of a wagering event” DraftKings ...
A central location Major League Baseball’s (MLB) Oakland A’s reportedly want the Tropicana Casino on the Las Vegas Strip to be the site for their new stadium, should the team move to Vegas. A CNBC report on Wednesday revealed that the team is looking to build the stadium on this 34-acre site; Bally’s Corporation is ...
Not many poker players have managed to be as controversial as Will Kassouf. While a few names come to mind in this context, the thing about Kassouf is that he did it without cheating or scamming anyone on the way. In fact, ...
Worrying findings A recent study has found that soccer friendly games are at a greater risk of match-fixing than competitive matches. The report, published on Wednesday, looked at games that took place between 2016 and 2020. Over the course of the study, investigators found suspicious activity in over 250 friendlies in which European teams were ...
Third-quarter numbers are coming in with plenty of winners and very few losers. The Italian operator, Sisal wraps up the period with earnings of €459.8m (£388.7m/$518.9m) for the first nine months of 2021. Online revenues led the parade with a jump of 90.9% over the same period last year for a take of €185.6m. Sports ...
A major milestone North Dakota will become the 28th state to offer legal sports betting if its retail sportsbook opening goes ahead as planned on Wednesday. According to local media, a retail sportsbook is about to open at the Dakota Magic Casino in Hankinson, about an hour away from Fargo. That said, the opening might ...
A record month Nevada sportsbooks had a state record monthly handle in October of $1.1bn, making it the first time that the state’s sportsbooks broke the $1bn barrier. The previous record handle in Nevada was $786.5m, which was set in September. October’s handle represents a 67% year-on-year increase and a 102% jump from October 2019 ...
A few other closing conditions Online gambling company 888 Holdings is moving ever closer to completing its takeover of the non-US business of William Hill in the first quarter of next year. The operator has informed shareholders that it has received all of the necessary gaming regulatory and antitrust approvals for the £2.2bn ($2.9bn) acquisition. a ...
Breach of license An Australian racing regulator has fined Entain AU$26,690 ($19,074) for breaching its sport betting license by offering cash bonuses to new customers. US Financial analyst Alphonso Straffon took to Twitter November 28 to share news of the Isle of Man-based sports betting and online gaming giant’s violation: Meanwhile in the Northern Territory, Australia…."… companies ...
