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Monthly Archives: June 2016

Bet365 Looking at Legal Action After Holding Back Player Payout

An aggrieved UK punter says Bet365 is dragging its feet on a  £54,000 ($ 72,700 USD) payout to her account and now she’s considering legal action against the operators. Back on April 16, the, as-yet-unnamed player opened a Bet365 account with a deposit of £30,000 ($ 40,000 USD). The very …

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Intertops Halts Bitcoin Deposits

Intertops, an Antigua-based online bookmaker with a storied past, has stopped accepting Bitcoin deposits. It’s a move that’s both shrouded in mystery and not particularly popular with the operator’s Bitcoin using customers. As of this writing, Intertops has yet to make a formal announcement as to why they’ve stopped accepting …

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DraftKings Makes Big UK Move Acquiring TransferKings

Fantasy sports giant DraftKings recently acquired a UK daily fantasy sports site called TransferKings. The acquisition is a big move for DraftKings and could give them a major advantage as they move into the UK gaming market. Though terms of the deal were not announced, both companies were eager to …

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Reactions Vary as Las Vegas Lands NHL Team

Las Vegas has finally landed its own professional sports team and reactions to the big event are range between, “Yeeehaaa!,” and, “Hey, what about me?”. And though it might seem insignificant today, Las Vegas’ new NHL franchise could be a tipping point in America’s endless discussion over regulated sports betting. …

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Canadian Sports Betting Bill Faces Grim Prospects

Canadian lawmakers are looking at a bill that would legalize single game sports betting and, so far, they don’t seem to like what they’re seeing very much. If approved, C-221 would allow individual provinces to offer single game sports betting to their residents. Under current Canadian law, only multi-game parlay …

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New York OK’s Daily Fantasy Sports

New York lawmakers approved a measure legalizing daily fantasy sports in the Empire State, late last week. The bill, which easily passed the State Assembly but took a lot longer for Senate approval, throws a lifeline to DFS operators who were operating in the state before November 15, 2015. Under …

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888.ru Launches Russia’s Second Online Sportsbook

Russia’s regulated online sports betting market doubled in size this week with the launch of 888.ru. The company, which is based in Russia and has no relation to 888 Holdings, is now the second operator to take a chance on a market that features some very challenging circumstances. 888.ru is …

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Regulators Hit BetFred with £800,000 Fine

The UK Gambling Commission is hitting UK operator BetFred with an £800,000 ($ 1.1 million USD) fine for violating anti-money laundering regulations. While BetFred has acknowledged its role in the case, this version of money laundering is probably not the kind you’re thinking about. BetFred, according to a report in …

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Russia Turning Up the Heat on Illegal Gambling

Russia has long been a place where illegal gambling isn’t looked on particularly kindly by government officials. Fines for illegal operators range from extreme to sky-high and, if a new bill under consideration by the State Duma passes, they’ll go even higher. According to a recent announcement by The Russian …

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