Starting on October 21, German gamblers will no longer be able to use their PayPal accounts for online casino gambling purposes after a recent update of the payments giant’s German-language guidelines. After the government recently ordered the payment processor to stop facilitating unauthorized online casino activity, PayPal updated its German market …
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Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39m and overtook retail figures for the first time. Figures published by the state’s Gaming Control Board show that online and retail sportsbooks combined to generate $59.3m in bets in July, …
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Toronto-listed sports publisher theScore has secured initial license approval from the state’s Division of Gaming Enforcement (DGE) to offer online sports betting to players in New Jersey. The firm’s subsidiary, Score Digital Sports Ventures was given authorisation to expand into online and mobile sports betting, as it seeks to elevate its growth …
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Malta-based casino games supplier Pragmatic Play has unveiled the latest strand of its global expansion strategy, after entering “a significant commercial agreement” with a Spanish gambling powerhouse Codere. Pragmatic’s slots have gone live with Codere in Mexico, including titles such as John Hunter and the Aztec Treasure, Mustang Gold, Sweet Bonanza and …
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Kansspelautoriteit (KSA), the Netherlands Gambling Authority, has fined Stockholm-listed operator Kindred Group’ subsidiary Trannel International €470,000 for serving Dutch players without a local license. The company has already launched an appeal against it. The fine was issued under the current Dutch Gaming Act, which prevents online operators from securing a …
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Dallas Mavericks and the team’s owner Mark Cuban have announced they will now accept Bitcoin to purchase both tickets and merchandise. The agreement makes Dallas the second team in the NBA to accept Bitcoin as a method of payment. Last year Cuban already hinted that fans would be able to …
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The Cambodian Government has announced that it is to stop issuing new online gambling licences in the country with immediate effect. Existing online licences, estimated to be more than 150, will remain valid but won’t be renewed once they expire. As part of an effort to clamp down on illegal …
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Iowa became the 11th US state to launch regulated sports betting, with eight of the region’s 19 casinos debut on the first legalized day. The remaining casinos are expected to have fully operational sportsbooks in time for the beginning of the 2019 NFL season in the fall. Compared with other …
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North America’s Major League Baseball has agreed to a multi-year partnership with FanDuel, the US fantasy sports company, which becomes an official gaming partner of the MLB. Through the multi-year agreement, FanDuel will gain access to official MLB data, as well as team branding and logos, for use across its …
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The German state of Hesse began preparations to start the process of awarding the country’s sports betting licences, with analysts warning that operators could see up to 70 per cent of revenue disappear as a result of the restrictive operating model. More than 200 company representatives attended last week informational …
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Gaming Innovation Group (GiG) is targeting expansion across regulated and soon to be regulated markets, as Swedish troubles and a customer contract termination impacted H1 revenues. Publishing its first interim results as a Stockholm-listed enterprise, GiG records H1 2019 group revenues of €63 million, down 14 per cent on corresponding H1 …
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New Jersey’s regulated sports betting market has seen revenue leap to $17.9m in July. It’s more than four times the sum they generated in the same month last year and a significant improvement over the $9.7m that licensees earned in the previous month. However, New Jersey’s 11 licensed betting operators reported a total …
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GVC Holdings has upgraded profit guidance for 2019 for the second time, after making “very good progress in the first half of the year”. London-listed betting and gaming operator has reported a ‘Pro-forma’ revenue of £1.81 billion (€1.96bn). This represents a 5 per cent year-on-year rise if Ladbrokes Coral’s pre-acquisition figures …
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The Global Football Report 2019 has revealed that suspicious betting patterns in the sport have decreased following a year-long data study which spanned 62,250 football matches played across 115 countries in 6 continents. The report, which was was released by the working partnership of Stats Perform’s integrity unit, Starlizard Integrity Services and TXODDS, found out that …
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The Scottish Professional Football League (SPFL), the organizer of the top four soccer divisions in the country, is in the market for a new title sponsor after betting company Ladbrokes opted not to extend its deal beyond the current season. Ladbrokes has been the title’s sponsor of Scotland’s four professional …
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China has expressed concern with Philippine gambling operators posing a threat to both Chinese citizens and the Chinese government’s efforts to reduce crime. Gambling could be one of the hot topics when the leaders of both countries meet later this month. Last week, Chinese state-run media reported that its embassy in the …
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Igaming operator ComeOn, in collaboration with data science specialist Neccton, has utilized artificial intelligence technology to develop its new responsible gambling tool. The tool has been developed in collaboration with psychology academics. It ensures that it tracks player data, detects risk patterns, changes in behaviour as well as flags signs of problem gambling. “At …
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Online gambling operator 1xBet has suspended its operations on the territory of the UK after an investigation held by ‘the Sunday Times’ into improper conduct. ‘The Times’ reported last week, that the major gambling regulatory body in the country, UK Gambling Commission (UKGC) had launched a probe into the activities of 1xBet, which had operated in the UK …
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Last week shootout at local casino near the Chile capital of Santiago resulted in five people being killed and the perpetrator reportedly still at large. Shocking footage of the shooting, which can be watched online, shows gamblers desperately try to flee the carnage in the municipality of Puente Alto, near Santiago de …
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Toronto-listed betting and gaming operator The Stars Group has reported a 55 per cent increase in total revenue to US$637.6m for the second quarter of 2019, benefiting from a record performance from its UK-facing Sky Betting & Gaming (SBG) business. The gross profit coming in was reported at $881.5m against $640.5m …
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