Gambling News Roundup
OPAP Takes Out Loan for Lottery License
Greek Organization of Football Prognostics (OPAP) recently took out a loan of roughly 300 million Euros from several local banks. The company plans on expanding into other parts of Europe and to fund recent purchases including an exclusive video lotto license from the Greek government as well as a 20 year renewal of its online casino monopoly. Read the full article.
Legal Gambling Comes to Massachusetts
Last week, Massachusetts became the 40th state in the United States to legalize casino gambling. The event witnessed Massachusetts Governor Deval Patrick sign a bill that makes casino gambling legal to state residents. Read the full article.
Barney Frank Steps Down
Senator and online gambling advocate Barney Frank to retire from Congress. Read the full article.
24Poker Loses License
24Poker had its gaming license suspended by the Kahnawake Gaming Commission. This led to Microgaming immediately suspending the network on which games its games are played. Read the full article.
Tobey Maguire Settles Lawsuit
Actor Tobey Maguire has agreed to pay $80,000 to a U.S. Bankruptcy Court Trustee. The money will be set aside for Ruderman’s victims. Read the full article.
As always, check out the Online Casino News section of CAP!