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Author Archive for Brian Trembath

8 MONTHS AGO
IGT is selling its DoubleDown Social Casino to DoubleU, a Korean social casino company, for a whopping $825 million. IGT purchased DoubleDown in 2012 for a mere $500 million. … Read More
8 MONTHS AGO
Regulated gambling is big business in South Korea and the government is benefiting from it to the tune of $54 billion over the past 15 years. Does this mean that the time is ripe for regulating online gambling?… Read More
8 MONTHS AGO
New information from Ontario financial regulators is shedding light on the details of an alleged insider trading scheme at Amaya Gaming. This can\'t be good news for former Amaya CEO David Baazov. … Read More
8 MONTHS AGO
New Jersey\'s online gambling industry posted record revenue during the month of March, and that\'s great news for Atlantic City casinos. Is this proof that the NJ experiment is a success?… Read More
8 MONTHS AGO
A group of Canadian investors is seeking to acquire an Indian rummy site called Ace2Three.com, proving that rummy can be profitable. Details of the potential sale are still emerging. … Read More
8 MONTHS AGO
Absolute Poker players who had money in their accounts on Black Friday could see some compensation under a new program from the DOJ. So far there\'s no word on whether they will be fully compensated or not. … Read More
8 MONTHS AGO
Paddy Power is dealing with the chaotic US political situation by hiring its very own expert in the fine art of gambling on Donald Trump. But is this gig the real deal, or just another publicity stunt. … Read More
9 MONTHS AGO
Authorities in New South Wales have imposed a $35,000 fine on Ladbrokes for violating the law by \"inducing gambling\" via print advertising. This was not the company\'s first offense. … Read More
9 MONTHS AGO
New Jersey sports betting advocates are likely to find very soon whether or not the Supreme Court will hear their case. This could well prove to be the conclusion of a case that\'s dragged on for almost eight years. … Read More
9 MONTHS AGO
A Hong Kong investment firm recently gobbled up 11.2 percent of Amaya Gaming. It\'s a move that could breath new life into the troubled poker giant. … Read More
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