Business
November 13, 2019
California Cardrooms Economic Impact Huge, Survey Claims
California’s cardrooms may now be responsible for a fair chunk of the state’s economic well-being. In certain communities, these cardrooms contribute estimated 50% of all taxes. A New Report Shows Upsides of California Cardrooms A new report has pin-pointed the exact value of cardrooms in California, and specifically how much they contributed to the state’s […]
Business
November 10, 2019
Betway to Join Swedish Online Gambling Trade Association
Betway has recently revealed its plans to become a member of Branschföreningen för Onlinespel (BOS), the Swedish trade association for online gambling operators. BOS is primarily responsible for ensuring that online gaming companies are not subject to any unfair policies. As such it was only natural for Betway which is a recent entrant into the […]
Business
November 10, 2019
What the US can learn from the UK: government pushing for an overhaul of online gambling law
There were 9 million wagers in the UK in 2018, while last year 80% of online gamblers lost their money estimated at a total of £5.6bn, an interim report by the APPG reveals UK gambling stocks have been suffering recently by a political call for restrictions on online gambling stakes to £2 only. The proposal […]
Business
November 9, 2019
How could US-China trade war affect Las Vegas casinos and US operators in Macau?
Wynn Macau, MGM China and Sands China account for 60% of the US$37.6 billion gaming revenue generated in Macau last year, compared to US$11.9 billion collected on the Las Vegas Strip. Last July, US President Donald Trump put into effect his threats about imposing tariffs on Chinese imports in an attempt to narrow the trade […]
Business
November 6, 2019
Seneca Gaming Corporation and Kambi PLC Agree on Sportsbook Deal
Sports betting kiosks and player account management to make entry in New York after Kambi PLC and Seneca Gaming Corporation agree on a sportsbook deal. Kambi PLC and Seneca Gaming Corporation Partner in a Sportsbook Deal Seneca Gaming Corporation and Kambi Group PLC have entered a partnership that’ll see the former get player account management […]
Business
November 5, 2019
DraftKings Becomes NBA’s New Authorized Sports Betting Operator
DraftKings, one of America’s leading online sportsbooks, has teamed up with the NBA to provide sports fans with accurate and actionable data that can be transferred into successful bets. NBA and DraftKings Team Up for Data Partnership The National Basketball Association (NBA) and American sports betting provider DraftKings have announced a multiyear partnership granting DraftKings […]
Business
November 5, 2019
Gambler Who Threatened Athletes Gets 18-month Prison
Addison Choi has been sentenced to 18 months in prison after admitting to having threatened 45-odd athletes with murder. Addison Choi to Serve 18-month Prison Sentence Notorious sports bettor Addison Choi was sentenced to 18 months in federal prison, after he pleaded guilty to several charges of threatening professional athletes with murder. Choi admitted that […]
Business
November 5, 2019
Sports Betting to Hit $8bn by 2025 in the US
Sports wagering in the United States is set to hit $8bn, Morgan Stanley said during the NYC Sports Betting Investor Summit on Monday, confirming the forecasts of a number of industry leaders. Sports Betting in the US to Hit $8bn On Monday, industry experts met in New York City for the NYC Sports Betting Investor […]
Business
November 4, 2019
GVC Selects Former William Hill Executive as New Chairman
JM Barry Gibson will take over as non-executive chairman at GVC after his appointment. Gibson will replace Lee Feldman after holding the position for 11 years. GVC Appoints Gibson as New Chairman JM Barry Gibson is the new GVC non-executive chairman. His appointment takes effect immediately and will replace long-serving (11 years) Lee Feldman, who’ll […]
Business
November 4, 2019
UFC, PokerStars Add Ambassadors to Octagon Chip Campaign
The world’s leading poker site has added three UFC stars to be part of the new Octagon Chip Campaign. PokerStars Adds Masvidal, Suarez, and Nunes for Octagon Chip Campaign PokerStars ambassadors and UFC fighters Jorge Masvidal, Tatiana Suarez and Amanda Nunes will all participate in a new brand challenge. The trio will be joining existing […]