Industry
July 26, 2022
Only 1-in-5 Problem Gamblers Seek Help
The National Council on Problem Gambling (NCPG) believes that at least 2 million adults in the United States suffer from gambling addiction. This is a serious tally, especially given the implications for at-risk gamblers. The NCPG believes that another 4-6 million people are actually at a mild to moderate risk of experiencing or developing gambling […]
Casino
July 25, 2022
Bally’s Closed ‘Dutch Auction’ Tender, Published Results
Bally’s Corporation, the hospitality and entertainment company operating casinos, resorts and online gaming, announced today the preliminary results of its modified “Dutch Auction” tender offer which expired at midnight NYC time on July 22, 2022. Preliminary Numbers Released According to the preliminary count of the depositary for the tender offer, American Stock Transfer & Trust […]
Casino
July 25, 2022
Woman Who Scammed GoFundMe Donors to Gamble and Live in Opulence Sentenced
Katelyn McClure will spend the next three or so years in prison after she was sentenced for theft by deception in a case involving a GoFundMe campaign. She and her boyfriend, along with a third person, stole close to $400,000 out of do-gooders. McClure used the money on gambling, a luxurious lifestyle, and other expenses […]
Casino
July 25, 2022
Colorado Is Cracking Down on Gray Casinos with New Regulations
New legislation allowing for more extensive investigation of the illegit casinos in Colorado, which are often called “gray casinos”, will assist the state’s efforts to bust these illegal gambling activities. Cryptocurrency Helps Gray Casinos Get Around the Law Colorado Governor Jared Polis has just passed new regulations, which give a wider authority to Colorado’s Division […]
Blockchain
July 25, 2022
Coinbase Employee and Brother Indicted on Inside-Trading Charges
A trio of fraudsters with ties to Coinbase have been busted by the FBI and the Department of Justice, following reporting by a Twitter account by the name of Cobie. Cobie consistently criticized the way listings at the cryptocurrency exchange were happening over the years, and said that many of them appeared suspicious. In fact, […]
Casino
July 22, 2022
Jamul Casino Choses Passports’ Lush for Its Loyalty Program
San Diego-based Jamul Casino has chosen the platform Passport’s Lush™ as its main provider for its loyalty and rewards programs. The platform was developed by Passport Technology, an international heavyweight in innovative payment solutions targeted at the gambling industry. Lush’s adoption by Jamul Casino marks the start of a fruitful partnership between the two companies. […]
Industry
July 22, 2022
TVG to Rebrand to FanDuel TV, Suggests New Report
FanDuel, the premier sports betting, daily fantasy sports and online gambling leader in the US, is planning further expansion into TV, a new report suggests. FanDuel Reportedly Seeks to Rebrand TVG Seeking to further grow as a sports media company, FanDuel may be rebranding its leading horse racing channel TVG to FanDuel TV, reveals a […]
Business
July 22, 2022
Fanatics Appoints Jigish Mehta as Director of Engineering for Gaming & Betting Division
Full-scale international online sports platform and highly praised consumer brand Fanatics is currently catering to the needs of over 81 million global fans and 900+ top-tier sports properties. The company that started out as a basic e-commerce deal two decades ago is now getting ready to finally enter the iGaming and sports betting world. Fanatics’ […]
Legal
July 22, 2022
AFSCME Opposes Sports Betting in Tribal Casinos
The American Federation of State, County & Municipal Employees (AFSCME) District Council 36 in California has opposed Proposition 26. The latter is a measure that would legalize sports betting at California’s tribal casinos. Proposition 26 Would Legalize Sports Betting at Tribal Casinos The tribal measure has become a controversial topic in the regulated gambling industry. […]
Industry
July 21, 2022
EveryMatrix Agrees to Provide 888casino with Content
B2B iGaming software provider EveryMatrix has agreed to power 888casino with content from its brands. The former company will use CasinoEngine, its proprietary iGaming integration platform, to integrate its offer to 888casino. The agreement covers games from EveryMatrix’s Armadillo and Spearhead Studios. Thanks to the popularity of 888casino, the provider’s content will reach countless bettors […]
