Business & Financial

How Big Is The Japanese Online Gambling Market?

In online gambling differently, but one country where the market has not been properly tapped is Japan.

Submitted by Payton on, Aug/19/2020

Tennessee Sports Betting Will Feature Dreaded Payout Cap

Once appearing to be among the most enticing states in which to place sports bets, Tennessee gamblers may be out of luck if they are looking for a lucrative pay day.

Submitted by Gilbert Horowitz on, Aug/18/2020

The Best New Jersey Online Casinos—7 Things to Look Out For

The Best New Jersey Online Casinos—7 Things to Look Out For

If you’re looking for the best online casino in New Jersey, you probably want to win decent money playing slots and poker. You also want to play a wide range of games, get bonuses regularly and receive quality customer service. 

Submitted by Payton on, Aug/18/2020

Dan Bilzerian Loses $50 Million This Year, Bitcoin Highest in 13 Months

Dan Bilzerian Loses $50 Million This Year, Bitcoin Highest in 13 Months

The annual report on the Canadian Stock Exchange revealed the massive losses with Forbes deciding to dig a little deeper. 

Submitted by Aaron Goldstein on, Aug/18/2020

4 Things You Don't Have to Worry About While Gambling With Litecoin

4 Things You Don't Have to Worry About While Gambling With Litecoin

In the second half of the last decade a revolutionary concept emerged in the global industry of gambling. The new technology of blockchain took the world by storm and various crypto gambling websites started to emerge. The undisputed king of cryptocurrencies was and still is Bitcoin, but since its creation, many different alternatives have shown up.

Submitted by Payton on, Aug/16/2020

Draftkings Loses $161M Amid Pandemic, LeoVegas Revenues Surge

Draftkings Loses $161M Amid Pandemic, LeoVegas Revenues Surge

Without sports, the bookmakers were bound to take quite a hit.  During the global pandemic, books had to resort to simulations, Belarus football and - by far the most popular of all sports - Russian table tennis.   None of this really helped it seems.

Submitted by Aaron Goldstein on, Aug/14/2020

Trade Group Report: Gambling Economy Hit Hard by Coronavirus

Trade Group Report: Gambling Economy Hit Hard by Coronavirus

The coronavirus and efforts to fight it have hit U.S. casinos and legal gambling businesses hard, leading to a nearly 79% drop in commercial gambling revenue for the second quarter of 2020, the industry’s trade association reported Thursday.

Submitted by Associated Press on, Aug/14/2020

NJ Sports Bettors Screwed for Now, Kentucky Derby Updates Covid Protocols

NJ Sports Bettors Screwed for Now, Kentucky Derby Updates Covid Protocols

Soccer bets at FanDuel Sportsbook remain unpaid in New Jersey and Indiana since Mid-July as gaming regulators conduct an investigation. 

Submitted by Jagajeet Chiba on, Aug/12/2020

Stones Talks Settlement With Cheated Poker Players

Stones Talks Settlement With Cheated Poker Players

Attorneys for those negatively impacted by high-profile Mike Postle cheating case have informed the judge overseeing the case that a settlement has been reached in principle, and that negotiations are ongoing over details.  These attorneys have indicated they will require more time, however.

Submitted by Ace King on, Aug/12/2020

BTC Trend Targets $15K, Hovers Around $12K

The price of Bitcoin was hovering around the $12K mark Monday evening. 

Submitted by Aaron Goldstein on, Aug/10/2020

These Online Casino Trends Set to Take Hold for Remainder of 2020

These Online Casino Trends Set to Take Hold for Remainder of 2020

2020 is the year we all want to escape, unless of course you are an online casino operator, run a virtual meeting platform, or food/grocery delivery app.

Submitted by Aaron Goldstein on, Aug/10/2020

iGaming Sector's Best Scenario: Some College Football in Both Fall and Spring

iGaming Sector's Best Scenario: Some College Football in Both Fall and Spring

We have had bookmakers across the board suggest early on that the Ivy League playing college football in the spring would be ideal. 

Submitted by Alejandro Botticelli on, Aug/10/2020

New York Regulator Fast-Tracks 10 Cryptocurrencies

New York Regulator Fast-Tracks 10 Cryptocurrencies

The New York State Department of financial services (DFS), the Bitlicense regulator, has published a Greenlist comprising 10 cryptocurrencies for custody and eight cryptocurrencies for listing. “Any licensed entity may use coins on the Greenlist for their approved purpose(s),” the regulator explained.

Submitted by C Costigan on, Aug/08/2020

PointsBet to Partner With Denver Nuggets, Colorado Avalanche, More

Sports Illustrated Gambling has learned exclusively that PointsBet Sportsbook has entered into a multi-year partnership with Kroenke Sports & Entertainment, LLC ("KSE").

Submitted by Aaron Goldstein on, Aug/06/2020

"Evolve or Die": Tribal Chief Talks Draftkings Partnership in MI

"Evolve or Die": Tribal Chief Talks Draftkings Partnership in MI

Bryan Newland, chairman of the Bay Mills Indian Community, explained why his tribe was so quick to partner with Draftkings in an effort to bring legalized sports betting to Michigan.

Submitted by Gilbert Horowitz on, Aug/04/2020

Florida Teen Arrested as Mastermind of Twitter Bitcoin Scam

Florida Teen Arrested as Mastermind of Twitter Bitcoin Scam

In one of the most high-profile security breaches in recent years, bogus tweets were sent out on July 15 from the accounts of Barack Obama, Joe Biden, Mike Bloomberg and a number of tech billionaires including Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Tesla CEO Elon Musk. Celebrities Kanye West and his wife, Kim Kardashian West, were also hacked. 

Submitted by Associated Press on, Aug/01/2020

Hill's Asher in Line of Fire Following Twitter Tirade Attacking Offshores

Hill's Asher in Line of Fire Following Twitter Tirade Attacking Offshores

VSiN's Gill Alexander @beatingthebook is the latest to lash out at William Hill CEO Joe Asher for his attack on the offshore sports betting industry.

Submitted by Jagajeet Chiba on, Jul/30/2020

DraftKings Becomes PGA TOUR’s First Official Betting Operator

DraftKings Becomes PGA TOUR’s First Official Betting Operator

The PGA TOUR and DraftKings Inc. (Nasdaq: DKNG), have announced an expansion of their multi-year content and marketing relationship today that now designates DraftKings as the first “Official Betting Operator of the PGA TOUR.” In July 2019, DraftKings became the TOUR’s first “Official Daily Fantasy Game of the PGA TOUR” as part of a multi-year, exclusive arrangement.

Submitted by Press Release on, Jul/29/2020

Pro Sports Bettor Goes on Epic Twitter Rant Against Will Hill

Pro Sports Bettor Goes on Epic Twitter Rant Against Will Hill

A popular professional sports bettor blasted bookmaker Wililam Hill Wednesday in epic fashion.

Submitted by Jagajeet Chiba on, Jul/29/2020

ESPN Online Gaming Allows Bitcoin Deposits, Withdrawals

ESPN Global has now launched a blockchain-powered gaming platform.  Individuals will now be able to make deposits using Bitcoin and other cryptocurrencies.

Submitted by Aaron Goldstein on, Jul/28/2020

Bitcoin Continues to Surge Past 11K, Bitcoin Cash Up 13.8 Percent

Bitcoin Continues to Surge Past 11K, Bitcoin Cash Up 13.8 Percent

Bitcoin once again was trading above the 11K mark Tuesday as the digital currency continues to surge.

Submitted by Aaron Goldstein on, Jul/28/2020

Bitcoin Back Up Above $10K Sunday

Bitcoin Back Up Above $10K Sunday

After several weeks of trading in narrow ranges, bitcoin breached $10,000 on Sunday for the first time since early June.

Submitted by Reuters on, Jul/26/2020

Important Factors to Consider When Choosing USA Online Casinos

Important Factors to Consider When Choosing USA Online Casinos

https://www.gambling911.com/online-casinos-reviewsYou don’t have to visit Las Vegas to enjoy gambling and casinos. You can simply play your favorite casino games in the comfort of our home or office at any time and with real money. USA online casinos have complexly revolutionized the way people play casinos.

Submitted by Payton on, Jul/26/2020

Wozniak Sues YouTube Over Bitcoin Scams, Did Twitter Employees Aid Hackers?

Wozniak Sues YouTube Over Bitcoin Scams, Did Twitter Employees Aid Hackers?

Apple co-founder Steve Wozniak announced he will be filing a lawsuit against YouTube, claiming the site failed to remove a series of scam videos that used his name as a means of enticing viewers to send Bitcoin to a specific wallet.

Submitted by Aaron Goldstein on, Jul/26/2020

Best Technologies in the UK Casino Industry

Best Technologies in the UK Casino Industry

The casino world keeps delivering exactly what their consumers crave. The key players in this industry are always on the lookout for anything that will elevate the overall customer experience. While there are many reasons why the industry has grown by leaps and bounds, the advancements in technology have had a significant role in this growth.  

Submitted by Payton on, Jul/23/2020

Probe Into Ladbrokes Parent Company Expands, $890K in Bitcoin Seized

Probe Into Ladbrokes Parent Company Expands, $890K in Bitcoin Seized

The United Kingdom tax authorities have widened their ongoing investigation into online sportsbook operator GVC Holdings allegedly regarding the activities of its former Turkish subsidiary.  GVC Holdings is the parent company of Ladbroke, PartyPoker and Bwin.

Submitted by Jagajeet Chiba on, Jul/22/2020

Eldorado Finishes $17.3M Buyout of Caesars Entertainment

Eldorado Finishes $17.3M Buyout of Caesars Entertainment

A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world. 

Submitted by Associated Press on, Jul/20/2020

3 Minute Sportsbook Payouts at BetOnline! Whales Move USDT 110,000,000 in 1 Hour

3 Minute Sportsbook Payouts at BetOnline!  Whales Move USDT 110,000,000 in 1 Hour

Talk about fast online sportsbook payouts, one customer of BetOnline reported via Twitter he received his within - drum roll please - three minutes.

Submitted by Aaron Goldstein on, Jul/20/2020

Judge Dismisses Harassment Lawsuit Against Wynn Resorts

Judge Dismisses Harassment Lawsuit Against Wynn Resorts

A federal judge has dismissed a lawsuit filed by nine women who alleged they were sexually harassed by former casino mogul Steve Wynn.

Submitted by Associated Press on, Jul/20/2020

Ellmount Gaming Partners With Rightlander.com

Ellmount Gaming Partners With Rightlander.com

Tier-one operator continues its commitment to marketing compliance by partnering with the industry’s leading compliance platform

Submitted by Press Release on, Jul/20/2020

Breaking News

The Impact of Gambling on Local Economies

Gambling is one of the fastest-growing sectors in the digital entertainment industry, bringing significant economic benefits to many regions. Although the impact of casinos on the local economy can be evaluated from various perspectives and viewpoints, it can be clearly stated that it has significant positive aspects.