Industry
June 14, 2021
Former Gambling Addict Seeks to Prevent Addiction for Others
A former gambling addict who spent 8 months in jail for siphoning money from his employer is now collaborating with bookmakers to fine-tune a gambling app that helps protect others at risk. Dedicated to Helping Others David Bradford, a 64-year old former accountant, who piled half a million in debt before being found to have […]
Industry
June 11, 2021
Alaska Might Consider Expanded Gambling To Cover Budget Shortfalls
The regular legislative session in Alaska ended with several questions still unanswered. This led to the need for a special session that is currently underway, but it looks like the additional time won’t be enough, either. As the state tries to figure out its budget, a second special session is going to be necessary, and […]
Industry
June 11, 2021
CAC Outlines 4 Measures to Combat Cross-Border Gambling
China authorities have no intention of easing the pressure on offshore gambling groups and activities which continue to solicit its residents to gambling via websites and mobile applications. Cross-Gambling Still an Issue The Cyberspace Administration of China (CAC), the central internet regulatory, oversight and control agency of the country, presented at a meeting of the […]
Industry
June 11, 2021
DraftKings and AGA Join Forces to Promote Responsible Gambling
DraftKings is joining forces with the American Gaming Association to promote responsible gambling. The operator will promote the AGA’s “Have A Game Plan. Bet Responsibly.” campaign both online and at its retail locations. DraftKings Commits to Responsible Gambling with AGA DraftKings, the leading US daily fantasy and sports betting operator announced on Thursday that it […]
Industry
June 11, 2021
Dennis Blieden Sentenced to Prison for Embezzling $22 Million
Dennis Blieden, a former World Poker Tour champion, has been sentenced to more than six and a half years in prison for embezzlement and identity theft. Dennis Blieden Funded His Poker Game with Embezzled Money On Wednesday, Dennis Blieden, a former World Poker Tour champion, received a sentence for 79 months (more than six and a […]
Industry
June 10, 2021
SIG Investment Set to Fuel Smarkets’ Push in the US
Smarkets, a London-based sports betting exchange operator, received significant investment from an investment fund affiliated with American trading giant SIG, signaling an upcoming push in the US. Betting Similar to Trading The significant minority investment made by Susquehanna Growth Equity, an investment fund affiliated to SIG, marked the first time since 2013 when outside money […]
Industry
June 10, 2021
April Gaming Revenues Climb to Record Highs According to AGA
According to the American Gaming Association (AGA), the US casino industry is well and truly back in business. The AGA has released the latest commercial revenue figures for April, with the figures showing more than a 25% year-on-year increase. Figures for April showed that sports betting boosted commercial gaming revenue in April to pre-pandemic levels. Revenue […]
Industry
June 10, 2021
Kieckhefer’s Esports Bill Passes in Nevada with Some Major Changes
Nevada State Bill 165 envisioned the establishment of an Esports Regulatory Commission. It was proposed by state Senator Ben Kieckhefer who believes that creating an esports regulatory body will help with establishing a healthy gambling ecosystem and boost the industry’s growth. However, the idea was scrapped, and the bill received some important tweaks before finally getting signed by Governor Steve Sisolak. The […]
Industry
June 9, 2021
Allowing Gambling Ads During Euro 2020 Gets ITV Under Care’s Scrutiny
With the Euro 2020 football event around the corner, a conflict has arisen. The social policy group Christian Action Research and Education (CARE) called out ITV for their decision to allow gambling ads during the event. Care Took an Issue with ITV’s Lack of Action CARE raised the issue after ITV announced that it will be greatly […]
Industry
June 8, 2021
Noorul-ain Khan Appointed as iSoftBet Chief Financial Officer
Leading supplier of online games and aggregator of gaming content iSoftBet announced today the appointment of Noorul-ain Khan as its new Chief Financial Officer (CFO). Financial Services Experience Noorul-ain Khan brings a wealth of experience to iSoftBet, with more than 20 years of experience in financial services across a number of disciplines like private equity, […]