Business & Financial

Reddit Co-Founder Invests in Sports Betting App Wagr

Reddit Co-Founder Invests in Sports Betting App Wagr

Reddit Inc. co-founder and the hubby of tennis super star Serena Williams, Alexis Ohanian, is leading a $4 million seed-funding round for the sports-betting startup app Wagr, which allows fans to bet on sports with each other as opposed to at a sportsbook or casino.

Submitted by Gilbert Horowitz on, Jun/17/2021

Black Market Ties Claims Lodged Against DraftKings: Reddit to the Rescue Again

Black Market Ties Allegations Lodged Against DraftKings: Reddit to the Rescue Again

Among the key findings, DraftKings has exposure to international “black market” gambling rings and organized crime.  But the Reddit community was quick to cry "fake news".

Submitted by Alejandro Botticelli on, Jun/17/2021

Online Gambling Affiliate, Search Beat - June 17, 2021

Online Gambling Affiliate, Search Beat - June 17, 2021

First Look’s sentiment analysis tool uses natural language processing and artificial intelligence to read and decipher the sentiment behind reviews written by all of the affiliates, Blockchain & iGaming: Why the future looks great with Calvin Ayre and Becky Liggero and Catena Media talks growing momentum for online casino in the US.

Submitted by Gilbert Horowitz on, Jun/17/2021

Sports Betting Beat - June 17, 2021

Sports Betting Beat - June 17, 2021

Ohio Senate passes bill that will legalize sports betting in Ohio including bars and bowling alleys, G3 Esports bolsters executive lineup and MGM's CEO touts iGaming as the secret for success.

Submitted by Aaron Goldstein on, Jun/17/2021

The Crypto Beat - June 17, 2021

World Bank rejects El Salvador request for help on bitcoin implementation, Resorts World Las Vegas to be First Casino to employ digital payments and David Case: Building killer eSports apps on Bitcoin | Top Picks

Submitted by Aaron Goldstein on, Jun/16/2021

Casinos’ Online Win Still Growing Despite Return of Gamblers

Casinos’ Online Win Still Growing Despite Return of Gamblers

A year ago, Atlantic City’s casinos were closed due to the coronavirus outbreak, and internet gambling was the only game in town for slots or table games players.

Submitted by Associated Press on, Jun/16/2021

Benefits Online Casinos Can Reap From Blockchain

Benefits Online Casinos Can Reap From Blockchain

Blockchain technology would allow for universal, trusted information system that would allow operators that demonstrates to regulators a desire to follow all the right procedures.

Submitted by Aaron Goldstein on, Jun/16/2021

NEW: Online Gambling Affiliate, Search Beat - June 16, 2021

NEW: Online Gambling Affiliate, Search Beat - June 16, 2021

One of Google's most widely anticipated rollouts could mark the end to those annoying popup banners.  Plus attempts to sabotage iGB Live.

Submitted by Payton on, Jun/16/2021

What Are the Most Important Skills in Running an Online Sportsbook?

One needs to have a knowledge of sports betting along with a goal while never allowing arrogance to stand in the way of running your online sportsbook.

Submitted by Gilbert Horowitz on, Jun/15/2021

Indiana Among US Strongest Sports Betting Markets

Indiana Among US Strongest Sports Betting Markets

Plus Michigan's May sports betting handle was the worst so far this year.

Submitted by Gilbert Horowitz on, Jun/15/2021

DraftKings Share Price Plunges Tuesday

DraftKings Share Price Plunges Tuesday

Bloomberg News is reporting that DraftKings Inc. share price fell the most since March 5 on Tuesday after short seller Hindenburg Research said it was betting against the online gambling company.

Submitted by Aaron Goldstein on, Jun/15/2021

New Owners Try to Get Bally's Atlantic City Back in the Game

New Owners Try to Get Bally's Atlantic City Back in the Game

Phil Juliano was looking at Bally's casino through rose-colored glass. Or more accurately, rose-colored glass flecked with jarringly out-of-place blue squares.

Submitted by Associated Press on, Jun/15/2021

Epic Fail: $65,000 Bet on Over 0.5 goals (-2000) in Spain-Sweden EURO 2020 Match, Ends 0-0

Plus, it's confirmed: Jeopardy! James Holzhauer joins The Athletic, with sports betting in focus and WynnBET joins forces with the Cincinnati Reds.

Submitted by Gilbert Horowitz on, Jun/15/2021

2021 Seminole Hard Rock Poker Open to be Held July 22 to Aug. 10

2021 Seminole Hard Rock Poker Open to be Held July 22 to Aug. 10

Seminole Hard Rock Hotel & Casino Hollywood Announces 2021 Seminole Hard Rock Poker Open Held July 22 to Aug. 10 with the $400 Deep Stack No Limit Hold’em (NLH) series opener highlighting a $500,000 guarantee.

Submitted by Press Release on, Jun/15/2021

Sports Betting Beat - June 15, 2021

Sports Betting Beat - June 15, 2021

Optimism over sports gambling in Canada grows, Virginia reaches $1 billion in sports bets placed in less than five months, former NBA player launches instructional sports wagering video platform.

Submitted by C Costigan on, Jun/15/2021

YouTube Bans Masthead Gambling Ads

YouTube Bans Masthead Gambling Ads

YouTube has announced it will no longer be displaying online gambling ads at the top of the homepage, commonly referred to as the masthead. 

Submitted by Aaron Goldstein on, Jun/15/2021

CoinGeek Conference Coming to NYC in October

CoinGeek Conference Coming to NYC in October

Fresh off their successful Zurich conference, CoinGeek will now move onto New York in October.  This will be the website's first US conference.

Submitted by Aaron Goldstein on, Jun/15/2021

The Crypto Beat - June 14, 2021

The Crypto Beat - June 14, 2021

Binance big boss steps down amid U.S. Commodity Futures Trading Commission probe, Elon Musk statement sends Bitcoin price rising once again, and Bitcoin bad for crime?

Submitted by Aaron Goldstein on, Jun/14/2021

Sports Betting Beat - June 14, 2021

Sports Betting Beat - June 14, 2021

Malta could have to withdraw its EU veto on a sports betting convention if it is to finally get the all-clear from the Financial Action Task Force in the coming days on its Moneyval test.  Plus Indiana sports betting saw $254.445 million wagered on sports in May.

Submitted by C Costigan on, Jun/13/2021

Attendees Hospitalized Following Miami Bitcoin Conference

More of those who attended last weekend's Miami Bitcoin Conference have come forward to tell their stories of falling ill, some confirming they tested positive for Covid-19.  The organizers point to the fact that vaccinations have been widely available in the United States.  According to CoinDesk, most respondents to their inquiries indicated that they had gone to Miami fully vaccinated

Submitted by Jagajeet Chiba on, Jun/13/2021

Becoming a Bookie Where to Start

Becoming a Bookie Where to Start

The increase in popularity and decrease in the stigma associated with sports betting have put the industry more into the mainstream. Sports leagues, reversing decades of keeping gambling organizations at arm’s length, have embraced the practice, going as far as establishing formal agreements. 

Submitted by C Costigan on, Jun/11/2021

Start a Sportsbook From Illinois

Start a Sportsbook From Illinois

Illinois offers one of the most enticing markets in which to start a sportsbook as there are plenty of regulated books that are widely advertised yet limited in what they can offer, most notably the inability to take bets on in-state schools.

Submitted by Aaron Goldstein on, Jun/11/2021

Miami Bitcoin Gathering Was a Covid Hot Spot, Attendees Say

Miami Bitcoin Gathering Was a Covid Hot Spot, Attendees Say

Bloomberg News on Friday reports that the Bitcoin 2021 conference in Miami last week with around 12,000 in attendance apparently turned out to be a Covid hot spot.

Submitted by Jagajeet Chiba on, Jun/11/2021

SBC and EPIC Risk Management Announce Ground-Breaking Player Protection Symposium

SBC and EPIC Risk Management Announce Ground-Breaking Player Protection Symposium

SBC Events has announced the launch of the Player Protection Symposium in partnership with EPIC Risk Management, the first high-level event dedicated to building a robust gambling harm prevention ecosystem as legal sports betting and igaming roll out across the US.

Submitted by Press Release on, Jun/11/2021

Coingeek Zurich Day 3 Live

Coingeek Zurich Day 3 Live

"They prostitute you for your data. We are going to give your data back,” said Dr. Craig Wright.

Submitted by C Costigan on, Jun/10/2021

Spanish Company Using AI to Battle Problem Gambling

Spanish Company Using AI to Battle Problem Gambling

Gambling911.com's Thomas Somach sits down with Josh Tromans-Jones, the chief technology officer of Jada Gaming, to talk about how the Spanish software giant has begun to utilize AI to help those who market and operate online gambling in determining how much a gambler will lose or win how likely he or she will be to return after leaving.

Submitted by Thomas Somach on, Jun/10/2021

EPL Club Drops Shirt Sponsor After Fans’ Backlash, Gambling Company's Sexualized Advertising

EPL Club Drops Shirt Sponsor After Fans’ Backlash, Gambling Company's Sexualized Advertising

English Premier League club Norwich ended its new shirt sponsorship deal with a gambling operator on Thursday after a fans’ backlash at the firm using sexual images of young women in social media marketing.

Submitted by Associated Press on, Jun/10/2021

CoinGeek Zurich - Livestream - Day 2

CoinGeek Zurich - Livestream - Day 2

After an action-packed first day at CoinGeek Zurich which focused on the BSV enterprise blockchain and how it’s transforming payments, healthcare, supply chains and more, Day 2 will delve into NFTs, tokenized assets, blockchain law and more.

Submitted by C Costigan on, Jun/09/2021

Sports Betting Beat - June 8, 2021

Sports Betting Beat - June 8, 2021

MLB partners with the Action Network, Louisiana Governor signs sports betting tax measure, and Illinois amendment would require those who want to bet on in-state schools to do so in person and not online.

Submitted by C Costigan on, Jun/08/2021

Coingeek Zurich Day 1 - BSV Blockchain Ignites the Power of Data

Coingeek Zurich Day 1 - BSV Blockchain Ignites the Power of Data

Join us for the first day of CoinGeek Zurich, hear from the leading speakers in the BSV Blockchain talk about real value and utility and how the BSV Blockchain Ignites the Power of Data.

Submitted by C Costigan on, Jun/08/2021

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