Gambling news - page 645

Member of MIT blackjack team says activity prepared him for a career in business

21 Mar 2016

In an interesting interview with Business Insider this week an erstwhile member of the famous MIT blackjack team that won millions off Las Vegas casino operators at the turn of the century said that the experience and discipline necessary had prepared him for a successful business career. Blackjack prodigy Yuchun Lee joined the team after …

Read now

DFS market leaders unhappy with New Jersey bills

21 Mar 2016

In New Jersey, two DFS regulatory bills currently at committee stage in the state legislature – S1927 and A4805 – have been criticised by daily fantasy sports market leaders FanDuel and DraftKings because they do not explicitly categorise DFS as a game predominantly of skill (and by implication therefore outside the legal definition of gambling …

Read now

Pennsylvania State senator starts DFS regulatory process

21 Mar 2016

If Philadelphia state senator Anthony Williams has his way Pennsylvania could be joining the more than two dozen states currently mulling regulatory legislation on daily fantasy sports. Local media reports over the weekend are that the senator has been circulating a memo among fellow lawmakers asking for their support for a measure that will classify …

Read now

Malta sports betting operator launches online casino action

19 Mar 2016

Malta-headquartered and licensed online sports betting operator TipBet has expanded its offering with the launch this week of an online casino powered by Microgaming and NextGen. Whilst the operator remains focused mainly on sports and live betting through both desktop and mobile channels, it will also offer full player services for casino punters and a …

Read now

Aussie gambling groups react to in-play moratorium

19 Mar 2016

The Australian government’s reported decision to suspend all in-play betting until after the general election (see previous reports) has evoked very different reactions from traditional Aussie gambling groups like Tatts and Tabcorp, and the more aggressive foreign owned sports betting sites of companies like William Hill, Sportsbet and Bet365. The Australian federal government is expected …

Read now

German Länder seek ways around online gambling impasse

19 Mar 2016

The confused mess that is German online gambling legislation, criticised by the European Commission and threatened with legal action from frustrated operators (see previous reports) appeared to be moving into a new “quick-fix” phase Friday, although there remains little hope for anything beyond expanded online sports betting (i.e. no casino or poker activity will be …

Read now

Another Indian province flirts with online gambling

19 Mar 2016

Nagaland, a small province in India, has joined fellow province Sikkim in what is at present a low level legislative flirtation with online gambling at provincial level. Our readers will recall that for several years Sikkim has permitted intrastate internet gambling, albeit only via digital terminals in retail betting shops. Nagaland’s rather more direct move …

Read now

U.S. fantasy sports operator acquires games developer

19 Mar 2016

Minneapolis-based fantasy sports and e-sports operator SportsHub Technologies has acquired veteran fantasy sports games and contests developer RG Ventures LLC for an undisclosed consideration, according to a presser from SportsHub this week. RG Ventures is well known in the sector for its CDM Sports suite of Fantasy Challenge and Draft and Play games. The SportsHub …

Read now

101 computer sets and 18 lapotops seized in latest Malaysian online gambling police raids

19 Mar 2016

Five known online gambling dens in Subang Jaya, a suburban town in Malaysia, were targeted for the third time in simultaneous police raids Friday, and a further 101 computer sets, 18 laptops and other evidence was seized from operators who clearly have little respect for the law. Police are hoping that this third attempt to …

Read now

Virginia police shutter online gambling outlet

18 Mar 2016

A 24-year-old man, Liang Liu, was arrested Thursday after police raided his Chippenham Bids store in Chesterfield County and uncovered evidence of a backroom online casino outlet. Spokesman Lt. Jim Profita told local media that Liu was arrested and is being held without bond. His internet gambling operation had only been in action for four …

Read now

Former Ladbrokes digital chief heads for the USA

18 Mar 2016

Industry veteran Ed Andrewes has been identified in several UK and US publications as the new chief executive officer at New Jersey-based Resorts Digital – the online operations division of Resorts Casino Hotel, which has partnership deals in place with prominent online gambling firms like NYX and Pokerstars. Andrewes, who has previous e-gaming management experience …

Read now

NCAA less than happy with daily fantasy sports activity

18 Mar 2016

With March Madness grabbing the gambling headlines in the United States, and daily fantasy sports operators offering big money on the right brackets, the National Collegiate Athletic Association has reiterated that it does not endorse gambling on collegiate athletics, and is actively trying to ban daily fantasy gambling on college sports. The Boston Globe newspaper …

Read now

Allegations of Curaçao corruption linger on

18 Mar 2016

The media in the online gambling licensing jurisdiction Curacao are having a field day with corruption and organised crime allegations following the recent criminal conviction of former Curaçao Prime Minister Gerrit Schotte (41). Earlier this month Schotte was found guilty and sentenced to three years in jail on bribery charges in which it was claimed …

Read now

Openbet teams with Playnow to make betting simpler

18 Mar 2016

UK online gambling software provider OpenBet has partnered with BCLC (British Columbia Lottery Corporation) to launch Sports Pools on PlayNow.com, British Columbia’s online gambling website. OpenBet has worked closely with BCLC since the Canadian provincial government launched its initial online gaming offering in June 2010, when it delivered Canada’s first online casino on OpenBet’s platform …

Read now

Core Gaming and Storm Gaming partner on new online slot release

17 Mar 2016

Core Gaming, a UK-based HTML5 gambling software firm, has teamed up with developer Storm Gaming to release Pharaoh’s Wild, a 5 reel, 20 pay-line game with an ancient Egyptian theme with three bonus features in which players are rewarded for matching two, three, four or five-of-a-kind symbols with each spin, with a total win of …

Read now

Virtual reality promotions for Las Vegas

17 Mar 2016

With virtual reality at the centre of most gambling technology conversations these days, it is perhaps appropriate to mention that the Las Vegas Convention and Visitors Authority (LVCVA) has launched its Virtual Reality Companion app, which helps transport trade show delegates and would-be visitors alike the popular attractions in the entertainment and gambling world centre. …

Read now

Aussie parliamentarians briefed on Government’s internet gambling intentions

17 Mar 2016

The Australian federal government’s reaction to the O’Farrell review of online gambling was briefed to parliamentarians by Human Services Minister Alan Tudge Wednesday as predicted by The Australian newspaper (see previous report), and the future will apparently offer some challenges to corporate bookmakers like William Hill, Ladbrokes and Bet365 who have been prospering from workarounds …

Read now

Massachusetts pioneers a new state-wide anti-problem gambling program

17 Mar 2016

State gambling regulators in Massachusetts will today (Thursday) discuss a new first-in-the nation system titled “Play My Way” that allows land casino patrons to set limits on their betting, and is scheduled to launch next month. Designed and introduced to curb problem gambling in the state, the program will be launched at slots parlour Plainridge …

Read now

Arizona lawmakers to consider fantasy sports bill

17 Mar 2016

The US state of Arizona – often perceived as one of the bastions of anti-online gambling – could be set to regulate and licence daily fantasy sports betting, according to local media reports. The Cronkite News reports that state Senate bill 1515, which has sailed through the Senate Judiciary Committee, exempts participation on websites like …

Read now

RTG releases latest online slot

17 Mar 2016

RealTime Gaming’s latest 5 reel, 20 pay-lines slot Zhanshi (it apparently translates to ‘soldier’ in Mandarin) takes players back to ancient Chinese battlegrounds in a game with two bonus features that double and triple prizes. In this epic game mighty warriors fight for glory and honour against a backdrop of ancient temples and fortresses, where …

Read now

UK remote sector face tax amendment

16 Mar 2016

UK Chancellor of the Exchequer George Osbourne, in delivering his budget report 2016 before the House of Commons Wednesday, identified imbalances in the Remote Gaming Duty versus the General Betting Duty tax systems in terms of freeplays. The budget report points at the remote gambling sector enjoying a more generous tax treatment on discounted or …

Read now

Maryland Live! launch social casino

16 Mar 2016

U.S. casino Maryland Live! has launched its LIVE! SOCIAL CASINO describing the new offer as a cross between a free-play website and a “freemium” social casino for patrons 21-years-of-age or older. Live! Social Casino, powered by GAN, is available across mobile as a downloadable app from the App Store and Google Play as well as …

Read now

Aussie federal government to ban in-play betting?

16 Mar 2016

The Australian federal government’s reaction to the O’Farrell review on internet gambling (see previous reports) is not due out for several weeks, but the Herald Sun newspaper has published a preview on what it is likely to be, presumably based on unofficial insider information. The newspaper says it believes the government is not keen on …

Read now

Betsson MD moves to venture capital firm

16 Mar 2016

Betsson managing director Carla Maree Vella has moved on to join Malta-situated venture capital firm Optimizer Invest whose focus lies in entrepreneurial online gambling start-ups. Vella will serve as chief executive officer and chief operating officer for the company after spending just over a year in the hot seat at Betsson.

Read now