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Julie Moraine's latest articles
Julie Moraine
Lead AuthorWith 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.
Business
November 4, 2020
Maryland, South Dakota and Louisiana Approve Ballot Measures
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]
Legal
November 3, 2020
SportPesa Considers Taking Former Chair to Court for Allegations
Kenyan number 1 sports betting operator SportPesa is considering taking legal action against its former chair Paul Ndung’u, after a series of allegations of improper business conduct from non-Kenyan shareholders of the company. Transfers to Offshore Funds SportPesa officials believe the extent of the utterly false claims from Paul Ndung’u requires a proper response which […]
Sports
November 3, 2020
NFL Players Association Acquires Strategic Ownership in MKF
The National Football League (NFL) Players Association (NFLPA) acquired a stake in Monkey Knife Fight (MKF), the daily fantasy sports (DFS) operator ranked third behind the big boys DraftKings and FanDuel. Fastest Growing DFS Operator in North America The NFLPA announced it entered into an exclusive long-term and multifaceted partnership deal with the fastest growing […]
Industry
November 3, 2020
UK: Public Consultation on Operator’s Role in Harm Prevention
The UK Gambling Commission (GC) is starting a consultation with online gambling operators and consumers, looking for insights on how to better protect vulnerable customers from gambling related harms. Gambling Harm Prevention at the Source Arguing that remote gambling operators are already in a position to identify players who may be susceptible to gambling harm, […]
Industry
November 2, 2020
Sir Keith Mills Will Chair Sazka’s Lottery License Challenge
Pan-European lottery operator Sazka Group announced the appointment of Sir Keith Mills as Bid Chair of the company’s team which will run for the UK National Lottery license. Contribution to 2012 London Olympic and Paralympic Games Sir Keith Mills is expected to bring a wealth of experience to the Sazka’s UK team, having multiple roles […]
Sports
November 2, 2020
William Hill: Home-Field Advantage Disappeared with Crowds
Sports betting operators face difficulties quantifying the effect of home-field advantage due to games being played behind closed doors and with zero audience. William Hill already reported in a Q3 trading update it had its profit margin slashed due to a string of unpredictable results. William Hill told shareholders the lack of fans in the […]
Industry
November 2, 2020
BGC Hails Furlough Extension, Calls for End to Arbitrary Decisions
The Betting and Gaming Council (BGC) welcomed the decision from the Chancellor of the Exchequer to extend the Coronavirus Job Retention Scheme through November, but called on the Government to allow casinos and betting shops to re-open from day 1 after the lockdown period is over. Stop Arbitrary Decisions Ahead of the second nationwide lockdown […]
Business
November 2, 2020
GVC: Second Lockdown Will Have £34M Impact on Business
Sports betting and online gaming companies in the UK are bracing for a second impact from the national restrictions seeking to flatten the curve of new daily coronavirus cases. GVC Holdings, the owner of Ladbrokes high-street betting shops estimates the impact on the business from the second lockdown in England to be around £34million, in […]
Business
November 1, 2020
Casino Equipment Supplier GPI Victim to REvil’s Hacker Attack
A top supplier of casino equipment is the latest victim of a Russian hacker group known as REvil, according to a statement on the Dark Web. Pay or Have Your Data Exposed The hacker group REvil reportedly took control over the servers of Gaming Partners International, a leading provider of casino currency and table game […]
Legal
November 1, 2020
BC Inquiry: Regulator Failed to Enforce Reporting Compliance
The gambling regulator in British Columbia (BC) failed to enforce compliance with reporting requirements related to suspicious cash transactions for casinos, the former director of BC Lottery Corp told the inquiry into money laundering in the province. In February, the government in the Canadian province launched an investigation of its own into money laundering related […]