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Industry
August 20, 2024
PlayUp Interactive Receives Record AU$600K Fine in NSW
An investigation in New South Wales (NSW), Australia, resulted in a record fine against one online gambling operator. The case involves PlayUp Interactive, a company that trades in the country as Draftstars. The operator was fined nearly AU$600,000 ($405,000) after an investigation by the gambling regulator in the state, Liquor & Gaming NSW. The probe […]
Industry
July 21, 2023
PlayUp Shuts Down New Jersey and Colorado Operations amid Regulatory Setbacks
PlayUp announced it would temporarily shut down its operations in New Jersey after the New Jersey Division of Gaming Enforcement (DGE) issued an order revoking the transactional waivers allowing the company to conduct sports wagering in the state. The following shutdown of PlayUp’s Colorado website and platform meant the operator no longer offered its services […]
Legal
April 20, 2023
PlayUp Settles with Ohio Regulators over Illegal Wagering Allegations
PlayUp, the Australian-based online sports betting operator, has withdrawn its application for a sports betting license in Ohio following a settlement with the OCCC. Ohio Fines PlayUp $90,000 for Accepting Illegal Wagers As part of the settlement, PlayUp has agreed not to seek any gaming-related license in Ohio for the next four years, and it […]
Legal
December 16, 2022
PlayUp Denied Ohio License Due to Illegal Gambling Concerns
Australia-based betting operator PlayUp will likely fail to obtain its Ohio license after the state’s regulator uncovered potential illegal gambling activity related to the company’s PlayUp Slots+ product. The Ohio Casino Control Commission (OCCC) expressed its intent to suspend the licensing process until PlayUp takes the necessary action to remedy the issues. Ohio Will Be […]
Business
September 23, 2022
SPAC Merger with IG Acquisition Will Allow PlayUp to Register on NASDAQ
Australia-based betting operator PlayUp has taken a step towards a NASDAQ listing. PlayUp has just announced that it has signed a business combination agreement with IG Acquisition, a publicly-traded special purpose acquisition company, which through a newly established company called Parent will help PlayUp list on the NASDAQ. PlayUp Is Valued At $350 Million The […]
Legal
July 19, 2022
US Ninth Circuit Throws PlayUp’s Restraining Order Against Mintas
The temporary restraining order that PlayUp imposed on Laila Mintas and was rejected by a lower court has been upheld by the US Ninth Circuit Court of Appeals. Mintas was appointed as the CEO of PlayUP in 2020 but after a failed takeover from FTX, PlayUp cut ties with Mintas. A Timeline Into the Dispute […]
Business
July 12, 2022
PlayUp To Undergo Strategic Review, Selling the Business Is an Option
PlayUp, a leading online gambling and betting operator, has announced that it will consider numerous alternatives in its strategic review, with one alternative being selling the business. The review was initiated by the company’s board of directors and Innovation Capital LLC is the review’s financial advisor. PlayUp Is Currently on a Mission to Expand in […]
Industry
June 2, 2022
Paysafe Unveils New VIP Program for USA Clients
Paysafe, the owner of digital payment services Skrill, Neteller, and Paysafecard, announced its new VIP iGaming player program on May 31. The program will allow owners of Skrill USA digital wallets an increase to their instant deposit limits by as much as several hundred times the standard amount, depending on individual KYC verification. A Program […]
Sports
February 9, 2022
PlayUp Signs Ground-Breaking Deal with Panther City Lacrosse Club
The Panther City Lacrosse Club announced a new deal with PlayUp on Tuesday this week. PlayUp Inks the Largest NLL Sponsorship Deal The newest National Lacrosse League (NLL) expansion team in Fort Worth, Texas, the Panther City Lacrosse Club, revealed a ground-breaking partnership with PlayUp, the leading betting entertainment and technology company. Under the terms […]
Legal
January 11, 2022
Temporary Restraining Order Lifted, Mintas Seeks $75m in Damages
The legal battle between PlayUp, an online gaming company operating out of Australia, and its ex-US chief executive officer Laila Mintas saw a Nevada court dismiss the initial temporary restraining order. Ex Parte Restraining Order Lifted US District Court Judge Gloria Navarro ruled against the preliminary injunction order she had issued previously after being presented […]