Business & Financial

Sports Betting Here to Stay in Florida as SCOTUS Refuses to Take Up Challenge

Decision not to take up case could provide a blow to state regulators looking to keep out offshore gambling companies.

Submitted by C Costigan on, Jun/17/2024

How to Fund Your Online Casino Account in Finland (2024 - 2025)

The single most critical part of any online casino operation is the ability to receive funds on deposits and payout fast. 

Submitted by B.E.Delmer on, Jun/17/2024

It is Easy to Switch to AcePerHead for All Your Pay Per Head Needs

If you are an independent sports bookmaker then you probably already know just how important a quality pay per head service is when it comes to running the day-to-day administrative end of the business.

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Submitted by Matt Skinner on, Jun/16/2024

Michigan Regulators 'No Comment' Regarding Bovada Cease and Desist

Regulators in Michigan said Bovada had 14 days to take steps to prevent Michigan residents from gaming on their sites before further legal action is taken and those 14 days are now up. 

Submitted by Nagesh Rath on, Jun/14/2024

News as it Happens - June 14, 2024 4 pm: Philippines Crackdown, Gambling.com Group Hit

Philippines Cracks Down on Illegal Offshore Gambling Firms and Gambling.com's Group hit hard by Google update per Forbes.

Submitted by Gilbert Horowitz on, Jun/14/2024

How the West Flagler Matter and Michigan Attempt to Ban Bovada Intertwine

Entering June we reported on how the popular online sportsbook Bovada was sent a cease and desist letter by Michigan regulators demanding they stop taking bets from residents of that state. 

Submitted by Gilbert Horowitz on, Jun/13/2024

New Jersey Continuing to Lead the Way in USA iGaming Market

New Jersey Continuing to Lead the Way in USA iGaming Market

Las Vegas may be the most famous gambling hub in the USA, but it doesn’t have anything on New Jersey when it comes to the iGaming market.

Submitted by Gilbert Horowitz on, Jun/13/2024

HRWager Confiscates $15k From Gambler, Players Can't Log Into Accounts

HR Wager was kicked off its prior platform for failing to pay its fees and players.

Submitted by C Costigan on, Jun/13/2024

Bernie Kosar Sues Media Company Claiming That Bet Got Him Fired From Browns Job

The NFL fired Kosar for violating its gambling policy.

Submitted by Jagajeet Chiba on, Jun/13/2024

Trump + Logan Paul TikTok Views Over 100M By Friday Betting Odds

The Jake Paul vs. Mike Tyson fight has been pushed back to November, it was announced last week.

Submitted by Ean Lamb on, Jun/12/2024

Investors in BetMGM Parent Company Entain Demand £100million in Compensation

Legal firm, Fox Williams, announced intentions to lodge a substantial group litigation claim against Entain, which is the parent company of Ladbrokes.

Submitted by C Costigan on, Jun/12/2024

Connecticut Plans to Send Cease and Desist Letter to Bovada

"The Connecticut Department of Consumer Protection Gaming Division has confirmed with @SBD that it will be sending a cease-and-desist letter to Bovada within the week."

Submitted by C Costigan on, Jun/11/2024

San Francisco Giants Players Harassed By Sports Bettors Speak Out

Matt Chapman said, “Fans used to just say normal things like, ‘You’re a bum.’ Now, that they have all that money on us, fans will talk a lot of [expletive] to us.

Submitted by Jagajeet Chiba on, Jun/11/2024

Australia Bans Online Gambling With Crypto

Australia placed a ban on betting with credit cards and cryptos late last year but allowed for a 6-month period to comply with the deadline arriving this week.

Submitted by Gilbert Horowitz on, Jun/11/2024

GME Halted Today Betting Odds Now Up

On Friday, the stock closed lower by 39% after the company reported fiscal first-quarter earnings ahead of its schedule and Roaring Kitty (Keith Gill) held a live stream.

Submitted by Aaron Goldstein on, Jun/10/2024

Gambling News as It Happens June 10 - 10 am

Jontay Porter attorney says player was "over his head" with gambling addiction, a really bad week for the leagues in terms of gambling scandals, William Hill enters into agreement with EPIC Global Solutions.

Submitted by Gilbert Horowitz on, Jun/10/2024

Did DraftKings Really Lose $6 Billion Since March?

"As of March 31, 24, #draftkings has incurred over $6 billion in loses, management reward themselves above the average means."

Submitted by C Costigan on, Jun/07/2024

What We Can Learn From The Finnish Betting Market

The Finnish betting market, its state-regulated and state-owned nature, and the role of social welfare in shaping the legalized betting industry provide a rich case study of the challenges and potentialities of the interaction between national policy, gambling, and social wellbeing.

Submitted by B.E.Delmer on, Jun/06/2024

Pro Sports Bettor: 'Timing of These MLB Suspensions Seems Dubious'

5 MLB players were suspended or permanently banned Tuesday for violating the league's gambling policy.

Submitted by C Costigan on, Jun/05/2024

Gambling News as it Happens: June 4 5 PM

Legendary Vegas hotel selling off everything that's not bolted down, Phillies infielder banned for betting, attorney believes Bally's tampered with machine to conceal evidence of $2.5 million win.

Submitted by Gilbert Horowitz on, Jun/04/2024

Tucupita Marcano Gets Lifetime MLB Ban for Betting on Baseball

Marcano was found to have placed 387 baseball bets, including 231 MLB-related wagers, between Oct. 16, 2022 and Nov. 1, 2023, totaling over $150,000.

Submitted by C Costigan on, Jun/04/2024

Roaring Kitty Charged in 2024 Betting Odds

On Monday June 3, the GameStop price was surging once again after the meme-stock mania of 2021 posted what appeared to be a $116 million position in the video-game retailer on Sunday.

Submitted by Aaron Goldstein on, Jun/03/2024

Gambling News as it Happens: June 3 11:30 AM

Evolution Gaming accuses lawfirm of defamation, Pritzger bets DraftKings, FanDuel won't leave Illinois over hefty tax hike, Justin Jefferson, Vikings Agree to 4-year, $140M Deal and latest WSOP reports.

Submitted by Gilbert Horowitz on, Jun/03/2024

Alan Keating & Neymar Jr Coming to Hustler Casino Live Blockbuster Streaming Event

Poker pro Peter becomes biggest HCL winner ever Friday night.  Alan Keating has the second biggest pot ever at HCL.

Submitted by Ace King on, Jun/01/2024

Trump, Biden Change Their Tune on Cryptos While Ether's Price Surges

Trump now wants the U.S. to be a crypto powerhouse while Biden's aides have reached out to important players in the sector.

Submitted by Aaron Goldstein on, May/31/2024

Bovada Betting Accounts in Michigan Closing?

Ignition Casino accounts expected to close as well after gambling firm sent a cease and desist letter.

Submitted by C Costigan on, May/30/2024

Crypto Casinos: The Future of Secure and Anonymous Betting

The world of online gambling is rapidly evolving, and crypto casinos are at the forefront of this revolution. These innovative platforms leverage blockchain technology to offer a level of security and anonymity that traditional online casinos can't match.

Submitted by B.E.Delmer on, May/30/2024

You Can Bet On FTX Exec Ryan Salame Fleeing The Country After Being Sentenced to 7 Years

Salame, 30, served as the co-CEO of FTX Digital Markets.

Submitted by Nagesh Rath on, May/28/2024

Nvidia Largest Company By June 15 Betting Market

 Microsoft is currently the largest company in the world, with a market cap of $3.1 trillion, according to Forbes.

Submitted by Aaron Goldstein on, May/28/2024

DraftKings Stock Sees Worst Hit in Two Years With Illinois Sports Betting Tax Likely

Illinois lawmakers are pushing for a graduated tax structure of up to 40% of gross gambling revenues, up from a flat 15%.

Submitted by Aaron Goldstein on, May/28/2024

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