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Julie Moraine's latest articles
Julie Moraine
Lead AuthorWith 5+ years of experience as an analyst, Julie—affectionately known as 'Jewels' in the office—has quickly become our go-to expert in the forex and cryptocurrency space. Her keen attention to detail and deep understanding of the industry make her an invaluable asset. Julie's expertise and enthusiasm have made her the top choice to co-pilot educational initiatives alongside Mike, bringing knowledge to the masses.
Legal
November 10, 2020
NJ: Sports Betting Bill Approved by Senate’s Budget Committee
The sports betting market in the US is taking off as the approval for various forms of sports betting in Maryland, Louisiana, and South Dakota granted along with the presidential elections November 3 is now followed by a betting expansion bill in New Jersey. The state’s Senate Budget Committee approved the measure which seeks to […]
Industry
November 9, 2020
GC: KYC and Affordability Checks Need Further Improvement
The gambling industry watchdog in the UK outlined further improvements for the areas of Know Your Customer (KYC) and affordability checks are needed, as current efforts from licensees continue to fall short of the regulator’s expectations. The British Gambling Commission (GC) released its annual Compliance and Enforcement Report, along with the first ever National Strategic […]
Casino
November 9, 2020
Wynn: Curfew Will Cost Between 670 and 1,000 Jobs at Encore
Between 670 and 1,000 full-time employees of Encore Boston Harbor in Everett may be placed on furloughs due to the recent curfew hour imposed on casinos in the state, Wynn Resorts CEO Matt Maddox told investors during the company’s third quarter earning conference call. Curfew Will Force Furloughs Massachusetts Gov. Charlie Baker, worried by the […]
Legal
November 9, 2020
VCGLR Will Not Discipline Crown before NSW Final Report
The Victoria Commission for Gambling and Liquor Regulation (VCGLR) will do what is necessary to enforce Crown Resorts to comply with regulations, but only after the final report from the New South Wales (NSW) regulator, the Independent Liquor and Gaming Authority (ILGA), Victorian Premier Daniel Andrews stated. VCGLR Will Not Act Solely on Recommendations The […]
Industry
November 8, 2020
Nevada Should Push with Cashless Regulations, AML and KYC
The status of Nevada as the US gambling “Mecca” is under threat and this time it is not the coronavirus only, as residents is 6 other states approved various forms of gambling expansion along with the presidential elections on November 3. Competition Increases Members of the Nevada General Assembly hopefully kept an eye on the […]
Business
November 8, 2020
Betting Polls Lack Liquidity, Prone to Wild Swings
Election night was an example of how illiquid markets can cause wild swings to the price movement, a Bloomberg analysis of the events on the night and afterwards reports. And it all started with bettors who did not know what they were doing. Wild Swing on Betting Markets Misled by the early counts in several […]
Legal
November 8, 2020
Norfolk Faces Threats of Legal Action for the Casino Deal
Norfolk City Council is again facing threats of legal action from the developer behind the revamp of the city’s Waterside over the waterfront casino deal with the Pamunkey Indian Tribe. Developer Will Seek Legal Action Norfolk residents overwhelmingly voted to approve the casino November 3 and Cordish, the developer based in Baltimore, which revamped the […]
Legal
November 7, 2020
PAGCOR Approves Solaire Resort and Casino for Online Bets
Gaming regulatory body in the Philippines approved one application from a land-based casino operator to accept bets online, with another two applications currently reviewed, in a latest attempt to help operators offset the coronavirus impact on the business, Bloomberg reports. Land-Based Casino Will Accept Online Bets The Philippines Amusement and Gaming Corp (PAGCOR) authorized Solaire […]
Business
November 7, 2020
Wynn Resorts Absorbes BetBull into $80M Wynn Interactive
Wynn Resorts and UK social sports betting operator BetBull expanded on their partnership by creating an $80 million joint venture company, as the casino operator is looking to diversify its portfolio of online gaming. As part of the deal, Wynn has also acquired the BetBull business for an undisclosed price. Wynn Acquires BetBull Wynn Resorts […]
Business
November 7, 2020
DraftKings Denied Verbal Authorization for Proxy Betting
Boston-based daily fantasy sports (DFS) and sports betting operator DraftKings responded to reports related to a recent case of proxy betting. A spokesperson for the operator denied claims DraftKings director of sports book Johnny Avello had some kind of a verbal agreement with the Florida resident to engage in proxy betting. $3 Million Parlay Bets […]