Gambling Industry News

Videoslots Fined by Swedish Gaming Authority for Deposit Cap Violation

Videoslots Fined by Swedish Gaming Authority for Deposit Cap Violation

The Swedish Gaming Authority (SGA) has issued an injunction to iGaming operator Videoslots after it was revealed that the company had violated Sweden’s deposit cap. In early 2020, the Swedish government revealed plans to put a SEK 5,000 cap on weekly deposits at all online casinos. The move was in direct response to the expected […]

Pointsbet Recruits Shaquille O’Neal as Australian Brand Ambassador

SHAQl will become the face of Canadian betting Co PointsBet’s 2021 marketing campaign.

Playtech in Talks to Sell Financial Division Finalto for $200m

Playtech has announced that a management consortium has made an offer to acquire its financial trading division Finalto for a sum that could reach $200m. The online gaming software giant confirmed the news after recent speculation in the Israeli media suggested that an Israeli-led consortium was in advanced talks to purchase the trading division. The […]

DraftKings Launches Virginia Sportsbook Just in Time for Super Bowl LV

DraftKings Launches Virginia Sportsbook Just in Time for Super Bowl LV

Comcast’s NBC announces plans to terminate NBCSN Sports Cable Network

Comcast’s NBC announces plans to terminate NBCSN Sports Cable Network

Comcast subsidiary NBC has announced plans to terminate service of the NBCSN sports cable network by the end of 2021 The move if most likely a result of Comcast’s aim to enhance its new streaming service Peacock, which launched in 2020. Peacock and the USA network (also owned by NBC) are the likely destinations for […]

First Circuit Court Rules DOJ Law Interpretation invalid – Wire Act Does not apply to to Non-Sports Gambling

First Circuit Court Rules DOJ Law Interpretation invalid – Wire Act Does not apply to to Non-Sports Gambling

The 1961 Wire Act was originally intended to prevent the use of wired telecoms systems to place bets across U.S state-borders and was part of a package of bills enacted to curb the activities of organized crime. when the Internet arrived, the same legal interpretation were deemed to apply to the virtual space too. This […]

MGM Resorts International Withdraws $11.06B takeover bid of Entain

MGM Resorts International Withdraws $11.06B takeover bid of Entain

UK-based Entain PLC (OTC:GMVHY) (formerly GVC Holdings) recently received a takeover offer of $11.06B USD from US Casino group MGM Resorts International which would have left shareholders owning approximately 41.5% of the company. MGM and Entain have been partners in a $450m 50/50 sports-betting joint venture in the US since 2018, with each company bound […]

Legal Online Sportsbetting & Casinos Launch in Michigan

Legal Online Sportsbetting & Casinos Launch in Michigan

In December 2019 the Legislature and Governor Gretchen Whitmer legalized internet gambling and sports betting in the state of Michigan. Since then regulators have been planning how to manage, regulate, licence and monitor the new gaming platforms. Michigan residents have long been able to gamble online via offshore operators, and now residents of the state […]

Betting & Gambling Jobs

USA Casino & Gambling Industry News

Washington’s answer to pandemic-hit economy: Legal Poker & Sports Betting

On Wednesday the Senate filed a Bill which could increase the scope of allowed gambling to include card-rooms and racetracks which are licensed by Washington State.

GGPoker launches innovative new poker format “Flip & Go”

GGPoker launches innovative new online poker tournament format - "Flip & Go"

Las Vegas Casino & Gambling News

Las Vegas Luxor eSports Arena Naming deal extended for HyperX

Luxor Hotel and Casino has announced that HyperX will continue to be the naming rights partner the group's Esports Arena at the Luxor Hotel in Las Vegas.

Sportsbetting News

Trippier betting ban to end in February after unsuccessful FA appeal

Kieran Trippier's FA match ban for encouraging friends to bet on his transfer to end in February after unsuccessful FA appeal.

Billionaire Casino Mogul & Online Gambling Opponent Sheldon Adelson dies aged 87

According to a statement from the Las vegas Sands (his casino & resort company), Casino mogul Sheldon Adelson’s Casino & resort company – Sheldon Adelson dies aged 87. Adelson was a multi-billionaire casino mogul and GOP supporter, and also a staunch opponent of online-gambling. The Republican Party mega-donor, died from complications related to cancer treatment. […]

Gambling Business News

Entain’s CEO Shay Segev quits during $11.06 billion Takeover Battle with MGM

While there's an $11.6B takeover battle happening with MGM and Entain, The CEO of Entain Shay Segev announced he was leaving for a higher paying job at sports media company DAZN

Pro Sports Leagues Support Legal Canadian Sportsbetting

Commissioners from the MLB, NBA, CFL, NHL and MLS signed a letter supporting legal sportsbetting which was sent to the Canadian federal government.

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