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 …

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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 …

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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 …

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New Jersey Spent $8.5 Million Fighting Sports Betting Ban

When the citizens of New Jersey approved a measure allowing sports betting in Atlantic City casinos, if sports betting were actually legalized, they knew they were in for a fight. Now, nearly eight years later, the bill for that fight is coming in and it’s clocking in at around $ …

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Lottoland Readies for Bruising Legal Fight

In the Land Down Under, the battle between synthetic lottery operator Lottoland and the Australian Lottery and Newsagents Association (ALNA) is, once again, heating up. Over the past week, Lottoland has threatened to take its fight to Australia’s highest courts, while also accusing its arch-rival of seriously over representing its …

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Ransomware’s Favorite Target is the Online Gambling Industry

The online gambling industry ranks number one in a category that no business wants anything to do with, ransomware attacks. According to a recent study by NTT Security, roughly 20 percent of all ransomware attacks are aimed at online gambling sites. Ransomware is the practice of criminals taking over a …

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Paddy Power Has Meh Q1 Because of Awesome Q4

When the earnings report for Q1 2018 came into the Paddy Power offices, it’s possible that someone asked if maybe they had too much of a good thing in Q4 2018? That’s because Paddy Power’s so, so entree into 2018 may have been the result of a truly spectacular Q4 …

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Daily Fantasy Sports Pass ‘Game of Skill’ Test in Academic Study

Are daily fantasy sports (DFSS) contests games of skill, or games of chance? That’s a multi-million, possibly multi-billion, dollar question that’s kept the DFS market spinning its wheels in a number of countries. Fortunately, for DFS operators, a recent study by researchers at Kansas State University found that DFS is …

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Loot Boxes are Now Considered Gambling in Belgium

Belgian Gaming Commission (BGC) is the latest group of gaming regulators to decide that video game loot boxes are, indeed, a form of gambling. In a report released yesterday, the BGC declared that loot boxes must be removed from video games sold in the country. Video game makers who are …

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