WSOP Circuit Stops at Harveys Lake Tahoe, First Ring Goes to Joe Ambrogi

WSOP Circuit Stops at Harveys Lake Tahoe, First Ring Goes to Joe Ambrogi

by October 26, 2018

US poker pro Joe Ambrogi secured his first World Series of Poker Circuit ring, winning the $250 No-Limit Hold’em Re-Entry against 267 competitors. The tournament on Thursday was the opening event of 2018/2019 WSOP Circuit at Harveys Lake Tahoe Hotel and Casino in Nevada.The ...

Albanian Parliament Bans Sports Betting, Online Gambling

Albanian Parliament Bans Sports Betting, Online Gambling

by October 26, 2018

Following a decision to move casinos out of cities, Albania is now imposing a ban on sports wagering and other forms of gambling, which comes into force on January 1, 2019. In a Thursday vote, the Parliament passed a law prohibiting betting shops, slot machines parlors, and onlin ...

Sweden’s Gambling Monopoly Sees Drop in Profits as Market Liberalization Looms Ahead

Sweden’s Gambling Monopoly Sees Drop in Profits as Market Liberalization Looms Ahead

by October 25, 2018

Svenska Spel, Sweden’s state-owned gambling operator, has seen a drop in profits and gaming revenue in the third quarter of 2018, as the market liberalization looms ahead. Losing market share to offshore gambling companies, it is now signing agreements with private operators, mos ...

MGM GVC Interactive Confirms Adam Greenblatt as CEO of the Joint Venture

MGM GVC Interactive Confirms Adam Greenblatt as CEO of the Joint Venture

by October 24, 2018

Following the creation of a joint venture in July 2018, MGM Resorts and GVC Holdings announced this week the appointment of Adam Greenblatt as the venture’s Chief Executive Officer. Greenblatt has previously served as Director of Corporate Development & Strategy for GVC Holdi ...

Fate of Europe’s First Integrated Casino Resort to be Decided by March 2019

Fate of Europe’s First Integrated Casino Resort to be Decided by March 2019

by October 24, 2018

As the bidding process for a Greek casino license has already started, only three American gambling companies have remained in contention for the planned €8 billion Elliniko integrated casino resort. Hard Rock, Caesars Entertainment and Mohegan Gaming and Entertainment are curren ...

eSports Betting Platform Unikrn Obtains Wagering License, Rolls Out to 20 Countries

eSports Betting Platform Unikrn Obtains Wagering License, Rolls Out to 20 Countries

by October 24, 2018

The live-betting eSports platform Unikrn has obtained a cryptocurrency and real-money online gambling license in the Isle of Man, allowing it to roll out various wagering products to twenty countries. Along with the standard “spectator betting” on major eSports tournaments, the c ...

Gambling Addict to Receive €2.5 Million Compensation from Novomatic

Gambling Addict to Receive €2.5 Million Compensation from Novomatic

by October 23, 2018

Following an unidentified slot player’s lawsuit against Novomatic, the Austrian gambling company was ordered to pay the plaintiff €2.5 million in compensation. As local media reported on Monday, the court ruled that the gambler’s addiction to slots rendered all his bets invalid, ...

Mitchell Lekarcyzk Triumphs at WSOP Circuit Coconut Creek $400 NLH Monster Stack

Mitchell Lekarcyzk Triumphs at WSOP Circuit Coconut Creek $400 NLH Monster Stack

by September 21, 2018

As the 2018/2019 season of the World Series of Poker Circuit is sweeping through the Seminole Casino in the charming city of Coconut Creek, Florida, several poker pros won prestigious WSOP titles, complete with gold rings and free seats to the 2019 Global Casino Championship. ...

New Hampshire Becomes the Sixth State to Launch Online Lottery

New Hampshire Becomes the Sixth State to Launch Online Lottery

by September 21, 2018

New Hampshire has launched several online lottery products this week, becoming the sixth state in the country to offer this popular activity to Internet users. Unlike most forms of gambling which are banned in the Granite State, the lottery has enjoyed huge popularity since the 1 ...

US State and Local Governments Rake in $40.8 Billion in Gambling Taxes

US State and Local Governments Rake in $40.8 Billion in Gambling Taxes

by September 20, 2018

US governments on all levels, federal, state and local, received $40.8 billion in tax revenues from the rapidly growing gambling industry in 2017. The sector contributed $261 billion to the United States economy and employed more than 1.8 million people, a new study by Oxford Eco ...

Okada Manila Operator Eyes Expansion in Japan

Okada Manila Operator Eyes Expansion in Japan

by September 20, 2018

Tiger Resort Leisure and Entertainment Inc. (TRLEI), the operator of Okada Manila casino resort, is eying expansion in Japan following the country’s official ratification of the Integrated Resort Implementation Bill in July. The Philippines-based gambling company is now opening a ...

Russian Authorities Arrest 100 People in Illegal Gambling Crackdown

Russian Authorities Arrest 100 People in Illegal Gambling Crackdown

by September 19, 2018

The Russian police have revealed an underground casino network in Moscow during a joint operation of several investigative offices. Following a long investigation and more than 80 searches of businesses and homes, authorities have detained 100 people, including the leader of the ...

2018/2019 WSOP Circuit Carries on with William Watson’s Title in $400 No-Limit Hold’em

2018/2019 WSOP Circuit Carries on with William Watson’s Title in $400 No-Limit Hold’em

by September 19, 2018

The fifteenth season of the World Series of Poker is currently running at the Seminole Casino Coconut Creek in Florida. The Circuit has given away yet another WSOP gold ring during the fifth event of the festival as William Watson defeated 56 players and won $6,805 in cash.Th ...

FanDuel Declines to Pay Out $82,000 Bet Due to Pricing Error

FanDuel Declines to Pay Out $82,000 Bet Due to Pricing Error

by September 19, 2018

New Jersey bookmaker FanDuel has declined to pay out a bettor his potential winnings of around $82,000 due to a pricing error. The dispute has not yet made it to court but it was reported by a local TV station, which explains that the $110 bet on Broncos was placed at the FanDuel ...

Formula One Inks Historic Sponsorship Deal to Launch Live Betting

Formula One Inks Historic Sponsorship Deal to Launch Live Betting

by September 18, 2018

Formula One, the highest and most prestigious class of auto racing sports in the world, has surprisingly changed its years-long attitude towards sponsorship by bookies on Tuesday. The brand’s owner, Liberty Media, announced it has signed a sponsorship and data rights deal with In ...