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Business News and Headlines
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 […]
Business
April 5, 2019
Totalizator Sportowy Posts Solid Results for 2018
Polish Totalizator Sportowy, the state-owned gambling company, posted significant improvement in its overall sales in 2018, passing the PLN6 billion threshold. Totalizator Sportowy Revs Up Revenue in 2018 Poland’s main gambling operator, Totalizator Sportowy, has managed to finish 2018 pulling off an impressive overall score with the company generating PLN6.1 billion in 2018. This topped […]
Business
April 3, 2019
Puerto Rico Governor Plans to Introduce Sports Betting
Puerto Rico makes first step towards legalizing sports betting, adding esports and DFS betting in the process. Puerto Rico Eyes Legal Sports Betting Puerto Rico is planning to get in on the sports betting race. Governor Rosselló Nevares has announced that Puerto Rico will seek to introduce legal options to wager on the outcome of […]
Business
April 2, 2019
New York Still Not Adopting Mobile Sports Betting Bill
New York lawmakers continue to see-saw between support for mobile sports betting and inaction. What has caused the latest debacle for the Empire State betting industry? Mobile Sports Betting Not Happening in New York New York has been long trying to give its support to various sports betting and poker initiatives. For nearly a decade […]
Business
April 1, 2019
Mount Airy, Mohegan Sports Betting Operations Coming to PA
The online casino industry in Pennsylvania is readying for a launch. Now, two more companies are looking to rather belatedly join the party, but they want to do sports more so than any form of iGaming. More Sportsbooks to Open Doors in Pennsylvania Pennsylvania is still a little jittery when it comes to online casinos, […]