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Aussie Regulators Fine Neds for ‘Inducing Gambling’

It’s been clear for some time that Australian lawmakers and regulators are coming down hard on the online gambling industry and the case of Neds, an online bookmaker, really drives that point home. Earlier this week, the operators of Neds.au plead guilty to five counts of offering New South Wales residents inducements to gamble or […]

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  • May 19th, 2018 by admin

Paddy Power Betfair Looking at Possible FanDuel Acquisition

Officials from Paddy Power Betfair are in negotiations to possibly acquire the US daily fantasy sports site FanDuel. It’s the first major, potential, acquisition of a US sports wagering firm since the US Supreme Court green-lighted regulated sports betting at the state level earlier this week. And, in the eyes of gaming industry watchers, it’s […]

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  • May 17th, 2018 by admin

US Supreme Court OK’s Sports Betting

In a 6-3 decision, the US Supreme Court has overturned the Professional and Amateur Sports Protection Act (PASPA) and opened the gates for regulated sports betting in the United States. The ruling also puts aside decades of wrong-headed, puritanical thought that pushed a huge sector of the gaming industry into the arms of the black […]

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  • May 15th, 2018 by admin

Kentucky Derby Wagering Sets New Record

On any given year the Kentucky Derby draws gamblers out of the woodwork as casual punters try their luck at wagering while partying at Derby celebrations across the country. This year, however, those once-a-year bettors took their wagering to new heights as Churchill Downs reported record wagering on the 144-year-old event. According to published reports, […]

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  • May 13th, 2018 by admin

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