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Luke Thompson
EditorLuke is a media graduate who is looking to build upon his experiences from his strong love of sports betting and casino games which started during his first year of college. His fresh mindset always brings new content ideas to the team and his editorial skills will continue to grow with the help of the upper management team at GamblingNews.com.
Casino
August 27, 2021
Caesars Increases Its Stake in Horseshoe Baltimore With a New Deal
Nevada-based casino and hotel company Caesars Entertainment is now the owner of 76% of the Horseshoe Baltimore casino, following a recent deal where Caesars acquired a minority interest from an undisclosed joint venture partner. Caesars Now Owns 76% of Horseshoe Baltimore Although Caesars didn’t comment on the monetary aspect of the deal, it did announce […]
Sports
August 27, 2021
Arizona Issues Sports Betting Licenses to Four Operators
Four gambling operators have reported that they have been greenlit to run sports betting business in the state of Arizona. The approved operators include BetMGM, DraftKings, FanDuel and Penn National. Four Lucky Operators Get Some of the Limited Licenses FanDuel and Penn National shared news of their approval earlier this week. The first of the two operators is partnering with NBA’s Phoenix […]
Business
August 27, 2021
Sportech Announces New CEO and CFO Amid Internal Reforms
International betting technology business Sportech is undergoing inner restructuring in the wake of the company’s downsizing. As a result, Richard McGuire and Tom Hearne will be leaving their respective positions as chief executive officer (CEO) and chief financial officer (CFO). This was announced by Sportech this morning. Sportech’s CEO and CFO Leaving Sportech’s chairman, Giles […]
Industry
August 26, 2021
Hong Kong Customs Busts Major Money Laundering Operation
Five men have been arrested for money launder when trying to cross the Hong Kong-Zhuhai-Macau Bridge. Hong Kong customs officers claim that the men participated in operations that illegally transported over $22 million in cash that is believed to have been acquired through fraud. The case was reported by the Hong Kong Government itself. A […]
Poker
August 26, 2021
Americas Cardroom’s Venom PKO III Puts a Guarantee of $5M on the Line
In the wake of its grandiose The Venom poker tournament, Americas Cardroom (ACR) is preparing the next edition of its spinoff series – The Venom Progressive Knockout (PKO) III. The news shows that Americas Cardroom is hellbent on expanding its franchises through spectacular events. Everything About the Venom PKO III The Venom PKO III online tournament will have […]
Business
August 26, 2021
iGaming Platform Developer Connective Games Celebrates 15th Anniversary
Connective Games, a privately owned company offering scalable iGaming software solutions to operators, is celebrating its anniversary this month. Founded 15 years ago, the company continues to provide state-of-the-art tech to its loyal clients. The 15th Anniversary of a Tech-Savvy Company Connective Games is well-known on the market for the quality of its products that […]
Esports
August 25, 2021
Kambi Acquires Abios to Expand in Esports
Kambi, a premium provider of sports betting services to licensed B2C gaming operators, has struck an acquisition deal to get its hands on market-leading esports data and technology platform Abios. The Companies Strike a $31M Acquisition Deal According to the deal, Kambi will provide an initial payment of $17.2 million, followed by a second one of up […]
Casino
August 25, 2021
Participation in Illegal Gambling Gets Hong Kong Policeman and Others to Court
An illegal casino was busted by the Hong Kong police. Located in the Selwyn Factory building in Kwun Tong, one of the city’s eighteen districts, the gambling space provided betting games for dozens of people. A police action swept the 1,600 square-foot improvised casinos and arrested 48 people in total. One of them surprisingly was a police officer from […]
Legal
August 25, 2021
Ali Jafaar Named as Defendant in Multi-Million Massachusetts Lottery Scheme
A father and his two sons are facing multiple charges in what the Massachusetts Attorney’s Office alleges is a multi-million lottery scheme. Ali Jafaar Indicted by Attorney’s Office in Lottery Scheme Ali Jaafar and his two sons, Yousef and Mohamed Jafaar, have each been charged with one count of conspiracy to defraud the Internal Revenue Service as well as […]
Sports
August 24, 2021
Chalkline’s Series A Funding Yields $2.7M
Chalkline announced the end of its Series A financing. The business-to-business sports betting customer acquisition and retention platform revealed that the funding round had yielded about $2,7 million. The Successful Round Will Drive Chalkline Forward The funding round was led by venture capital firm Parlay Capital Holdings and Patrick Conroy. As a result, Parlay Capital Holdings’ chief executive officer, Greg Buonocore, and […]