Blockchain
April 3, 2023
Beaxy Founder Faces Charges of Gambling with Investor Funds
Hamazaspyan, who founded Beaxy, is also accused of having gambled with investor funds. The exchange wound down operations last week, citing an “uncertain regulatory environment” as the reason why. Misappropriated Funds and Unlicensed Operations The SEC argues that Hamazaspyan has raised $8 million from BXY, the cryptocurrency exchange’s native token, and used at least $900,000 […]
Casino
April 3, 2023
Deutsche Bank Upbeat about Wynn Prospects
Deutsche Bank analyst Carlo Santarelli has defied expectations for the casino resorts sector, posting an upbeat outlook for Wynn Resorts. According to Santarelli, Wynn’s shares will soar. Wynn Resorts Is Gathering Financial Momentum He bases this outlook on several main factors that are going to drive an upsurge in the company’s stock over the next […]
Sports
March 31, 2023
Bally’s Becomes Official Partner of Minor League Baseball
Global casino-entertainment company Bally’s Corporation announced a new partnership with Minor League Baseball (MiLB) Friday. Under the terms of the new multi-year collaboration, Bally’s gained rights to live broadcast, as well as exclusive free-to-play gaming content rights for its digital platforms. The new partnership marks an important achievement for the duo. This is because the […]
Legal
March 31, 2023
Kentucky Senate Passes Sports Betting Proposal
House Bill 551 (HB 551), a proposal that calls for the legalization of sports wagering in Kentucky successfully passed the Senate Thursday. Although the faith of the bill was unclear and there was a possibility for it to fail, in the end, it successfully cleared the Senate chamber after a 25-12 vote. Given that it’s […]
Industry
March 31, 2023
Fanatics, Hard Rock Digital, PointsBet Bolster RG Commitments
The Coalition’s member lineup consisted of Bally’s, BetMGM, DraftKings, Entain, FanDuel, and MGM Resorts International, which are now joined by the latest trio as well. The organization came together in September 2022, introducing 12 responsible gaming principles, which members accept to follow. 3 New Members in the Coalition Fanatics, Hard Rock Digital, and PointsBet all […]
Legal
March 31, 2023
VDACS Regulates Charitable Bingo and Texas Hold’em Games
The state’s Department of Agriculture and Consumer Services (VDACS) is the most recent agency to join the list of current agencies regulating gambling in the Old Dominion. By giving the green light to electronic bingo and Texas Hold’em games played for charity purposes, the department will oversee the exact percentage of the money played will […]
Industry
March 31, 2023
BetMGM Secures RG Check Accreditation from the RGC
Global gambling giant BetMGM announced that it has been awarded one of the industry’s top accreditations from the Responsible Gambling Council. The council acknowledged the efficiency of BetMGM’s responsible gaming and player protection efforts in North America and provided the operator with the RG Check certification. In its official announcement, BetMGM noted that the accreditation […]
Casino
March 31, 2023
Card Shuffler Accused of Cheating Live Casino, Winning $47K
A 23-year-old Norwalk, Connecticut resident surrendered to police earlier this week after his alleged participation in an elaborate gambling scam. The man, identified as Sebastian Echeverri, allegedly win nearly $50,000 by cheating in a virtual casino operation and using multiple online accounts that belonged to him, a report released by Patch reveals. The 23-year-old man […]
Industry
March 31, 2023
Aristocrat’s Anaxi Partners with FanDuel
However, as FanDuel’s online casino platform is currently available in West Virginia, New Jersey, Pennsylvania, Michigan, and Connecticut, players will need to be physically present in either one of these states to get access to the new Anaxi content. An Exciting Partnership As a major US operator, FanDuel’s platform will be a big stage for […]
Industry
March 31, 2023
Paysafe Enters Massachusetts with Two Strategic Partnerships
Paysafe has taken advantage of its long-lasting relationship with the two high-profile operators to enter a ripe new market. Online sports betting in Massachusetts launched on 10 March, with leading sportsbooks fighting to secure a market share. Caesars and DraftKings understand the importance of a smooth transaction experience, making their partnership with Paysafe a significant […]
