Business News and Headlines
Business
December 10, 2018
Pennsylvania’s Gambling Expansion Pays Off $400m
Pennsylvania’s Windfall on Online Gambling Pennsylvania has managed to achieve solid results following the expansion of gambling in the state back in 2017. With the legal cogwheels tweaked last year, the state has introduced a number of highly-yielding activities, including online lotteries and daily fantasy sports, to speak nothing of sports betting, which has been […]
Business
November 18, 2018
A $2m Penalty Hits CG Technology in Nevada
CG Technology has managed to negotiate a deal with Nevada’s watchdogs, allowing the company to continue providing sports betting solutions for the state. The company was obliged to pay $2 million over a number of infringements accumulated over time. CG Technology Out of the Frying Pan For a while now, CG Technology has had a […]
Business
November 14, 2018
UKGC Fines Stride Gaming Subsidiary $9.2 million Over AML
The United Kingdom Gambling Commission (UKGC) has toughened its stance against wrongdoers. From 32Red to Stride Gaming, everyone is on the receiving end of what the regulatory watchdog considers justice. More often than not, the UKGC is usually right. So why is Stride Gaming contesting the latest fine? Stride’s Subsidiary Slapped with Hefty Fine Stride […]
Business
November 7, 2018
LeoVegas Prepared to Focus on Compliance
LeoVegas has been one of the most ambitious gaming projects in the industry. According to company CEO Gustaf Hagman, compliance is instrumental in the operator’s future success The Importance of Compliance According to LeoVegas CEO Gustaf Hagman, the key to succeeding in the iGaming industry is compliance and sustainability, which he estimates to be challenged […]
Business
October 18, 2018
LeoVegas Cleared by ASAV from Recent Complaints
LeoVegas has had a good run so far. It has announced one of the first initiatives focused on training more girls to pursue computer sciences and the casino generally has had a good reputation among regulators, gamers, and countries. Bar the recalcitrant Italy. Today, LeoVegas managed to defend its good name by obtaining clearance from […]
Business
August 24, 2018
LeoVegas Introduces BankID for Customers in Sweden
LeoVegas is one of the largest operators on the market. With its vast operations and rich portfolio of iGaming products, the company is definitely a favorite among gamers of all stripes. Even though LeoVegas has had a bit of trouble in Italy over gambling ads, with the decision of the government to suspend all advertisements […]
Business
June 17, 2018
Sikkim India Bans Locals from Betting
An activist in Sikkim and his partner were arrested for damaging a store that had a permit to advertise the World Cup. Now a few days later, the Indian state is ensuring everyone understands there is a ban for local residents. Anyone living in Sikkim is not allowed to access sports betting shops that are […]
Business
April 9, 2018
PokerStars No Longer Offering WA Free Poker
PokerStars will no longer offer Washington State residents free online poker. It is a precautionary change. Wednesday, April 4, 2018, the Washington State Gambling Commission announced that social gaming websites, like PokerStars, have proactively made new business decisions regarding online gaming. The online sites were available to Washington State residents, but that has stopped. The […]