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Monthly Archives: October 2017

UK Gaming Regulators Slap Stan James Online with £80,000 Penalty

The UK Gambling Commission (UKGC) is slapping UK-based operator Stan James Online with an £80,000 fine for failure to comply with anti-money laundering regulations and stop gaps meant to prevent problem gambling. Stan James Online’s trouble with the UKGC date back to the period between November 2014 and October 2016. …

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Ladbrokes Coral Stops Honoring Newspaper Odds

Ladbrokes Coral announced this week that they are saying goodbye to a practice that’s survived the internet era much longer than anyone would have suspected. On Monday, company officials stated that the UK operator will no longer honor horse racing odds that appeared in the newspaper. While the practice seems …

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Malaysia Cracks Down on Online Gambling

Malaysian government authorities are doing their best to make accessing online gambling sites as hard as possible for their citizens. As part of their efforts, lawmakers in the Southeast Asian country are looking at shutting down legal loopholes that have allowed some operators to exist in a legal grey area. …

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ESRB Won’t Classify Loot Boxes as Gambling

The line between video games and gambling has been blurred quite a bit in the last few years with the introduction of games featuring “loot boxes.” But the line isn’t blurry enough for the the Entertainment Software Rating Board (ESRB) to classify the practice as gambling, yet. Though not a …

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New Jersey to Share Online Poker Liquidity with Nevada and Delaware

Online poker players in New Jersey, Nevada and Delaware are about to experience a major change in their environment. That change will be the result of the State of New Jersey’s decision to enter an interstate compact that shares players pools from the three states. This latest development could provide …

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Nevada OK’s eSports Parimutuel Wagering

Nevada Governor Brian Sandoval signed off on a bill this week that legalizes parimutuel wagering on esports. It’s a big move that both solidifies the state’s status as an esports betting hub, and frees regulators from some major headaches. Bookmakers in Nevada were already pretty far ahead of the curb …

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Auditor’s Alarming Find: FanDuel Hemorrhaging Cash

Auditors looking at the financials of daily fantasy sports operator FanDuel are finding that the company is losing money at an alarming rate. Their findings are just the latest in a string of bad news reports that have dogged the once high flying sports operator. According to published reports on …

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