Nick Xenophon Gives Up on Aussie Pokie Ban Efforts

The Australian government’s war on pokies has, seemingly, ended and it looks as though the pokies actually won. Earlier this week the SA Best Party announced that it is giving up its efforts to enact a total ban on the controversial slot machines that would have included pubs and hotels. …

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Sportsbooks See Record Super Bowl, But Still Take Beating

Nevada sportsbooks saw a record amount of money come pouring through their cash drawers on Super Bowl Sunday. Unfortunately, not very much of that cash stayed there as punters cashed in on the underdog and an array of proposition bets. According to a report on Super Bowl Betting in the …

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UK Regulators Clamping Down on Dodgy Bonus Offers

Gaming and business regulators in the UK are clamping down on the online gambling industry’s longtime relationship with dodgy bonus offers that require exponential play and trap player funds in an inescapable purgatory. The move is described in a press release from the UK Government about online gambling as, “…a …

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Will Greece Keep its Online Gambling Tax at 35 Percent?

Anyone who is still thinking that Greek online gambling operators will be able to dodge a sky high 35 percent tax on their revenue is likely in for a big disappointment. Earlier this week, a US consultant contracted by the Greek government to study the matter issued a report recommending …

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$530 Million Bitcoin Heist Leaves Investors Holding the Bag

Coincheck, a Japan-based cryptocurrency exchange, is reeling after being hit by hackers who looted $ 530 million worth of bitcoin from 260,000 site users. The electronic heist is the largest known grab of electronic cash on record and is sending shock waves through the bitcoin world. Word of the heist …

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UK Gambling Regulators Ready to Drop the Hammer on Ad Code Violators

The UK Gambling Commission (UKGC) is getting ready to make good on its promise to crack down on gambling operators who violate its advertising code. Late this week the Commission released a series of proposed new standards, and penalties, that could radically reshape the face of UK gambling advertising. Among …

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Duterte Picks Notorious Gambler to Combat Illegal Gambling

If the expression, “It takes a thief to catch a thief,” is true, could it also be possible to say, “it takes a gambler to combat illegal gambling?” In the beleaguered Philippines, President Rodrigo Duterte is about to find out. Earlier this week, Duterte make a public statement declaring that …

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UK Horse Racing Industry Says ‘Whoa’ to Proposed FOBT Minimums

An effort by UK lawmakers to limit the maximum wager at fixed-odds betting terminals (FOBT) is meeting resistance from some of the very people it’s designed to protect. Earlier this week, representatives of the British Horseracing Authority (BHA) came out against the effort being made by secretary of the Department …

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WinView Creates New Niche in US Sports Betting Market

The US sports betting ban is becoming more and more porous as companies like DraftKings, FanDuel, and now WinView are proving. WinView is a Silicon Valley-based startup that’s looking to disrupt the sports betting scene with a unique business model that emphasizes in-play predictions. WinView’s operation is pretty original, but …

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