Business News and Headlines
Business
May 3, 2019
NeoPollard Asks DOJ to Rule on Wire Act Lottery Vendors
NeoPollard demands that the DOJ removes iLottery vendors from the ambit of the Wire Act No definitive law exempts vendors from fault, the company argues DOJ needs to specify its stance on iLotteries and the Wire Act Opinion NeoPollard has directed criticism against the Department of Justice (DOJ) over the uncertainty now marring business prospects. […]
Business
May 3, 2019
Caesars to Consolidate Sports Betting Business
Caesars hits 1Q 2019 targets The corporation plans to expand in sports betting Comp points slashed for loyalty customers amid wage increase for staff Caesars Entertainment Corporation’s 1Q 2019 Earnings Call came with an ambitious outlook. The company’s development strategy moving forward would feature expansion across sports betting. While the earnings call reflected the opinions […]
Business
April 30, 2019
Kambi and William Hill to Work on Sports Betting in Sweden
Kambi strikes new partnership with William Hill for Sweden William Hill to rebrand Redbet.se into WilliamHill.se MRG deal yet to be finalized Amid soaring first quarter results, Kambi has struck a new partnership to power William Hill’s sports betting platform in the newly-regulated Swedish market. Kambi’s Financial Performance Grows Kambi’s financial performance soared in the […]
Business
April 29, 2019
Leaked Ladbrokes Documents Show “Player Profiling”
Leaked documents show that Ladbrokes has been profiling players Ladbrokes claims that the documents date back five years and they do not reflect the current betting platform practices Customer protection bodies weigh in on the documents Ladbrokes has made headlines recently with reports emerging that the bookmaker is profiling customers and forcibly restricting betting opportunities. […]
Business
April 25, 2019
Louisiana to Debate Sports Betting in the Senate
Louisiana to debate SB 153 in Senate The bill will bring up to $60 million in monthly revenue The Senate hearing is decisive Another sports betting legislation is stepping in the ring. This time, Louisiana is pushing ahead with plans to debate a fully-legalized industry in the Senate. Louisiana’s Senate to Debate Sports Betting The […]
Business
April 25, 2019
Tennessee to Legalize Sports Betting Online in Senate
Tennessee spearheads bill to legalize online sports wagering The state expects to collect $750,000 per license fee every year Companies offering betting odds will be taxed up to 20% of their revenue Revenue from sports betting expected to hit $40 million by the second year of business Amid rapidly expanding sports betting landscape in the […]
Business
April 23, 2019
Why Did PokerStars Get Fined in New Jersey?
PokerStars is fined $10,000 for accepting wagers on college contests Illegal college betting continues offshore, experts say Banning betting odds at licensed operator not a solution PokerStars gets fined for college sports betting in New Jersey. The state’s regulator has slapped The Stars Group-owned company with $10,000 for taking bets on college basketball games. PokerStars’ […]
Business
April 22, 2019
Delaware North Sues Miomni for Extortion Scheme and Fraud
Delaware North sues Miomni over fraudulent contracts Miomni’s lack of clarity has led to a shutdown of DNG-owned properties Miomni knowingly hid vital information from its partners Delaware North is suing its main supplier, Miomni, after a forcible shut-down over alleged contract breaches in West Virginia, the sports betting operator announced in a press release. […]
Business
April 17, 2019
ASA Clears Betfred of Charges Against Company’s Ad
Amid a tightened regulatory context, Betfred has avoided a penalty by the UK’s Advertising Standards Agency (ASA), which has been going after online gaming and betting operators in the recent past. Betfred Is Not in the Wrong Says ASA One of Betfred’s latest advertisement in the United Kingdom has caused some stir, with the Advertising […]
Business
April 10, 2019
Blizzard Release More Information about WoW Classic PvP
Blizzard reveals PvP content release plan All iconic battlegrounds, from Warsong Gulch, to Alterac Valley, to Arathi Basin to be featured The PvP content will be released along with the six-phase content release plan for PvE Blizzard published a new update about their upcoming World of Warcraft Classic initiative, fleshing more information about how PvP […]