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Fitch Warns: UK Regulations Could Have Major Impact on Bookmakers

Fitch Ratings is warning investors that tough new regulations on UK bookmakers could have a major impact on their annual revenues. This is no good news for Ladbrokes Coral and William Hill. ... Read more

PAGCOR Set for New Round of Offshore Gambling Licenses

Gambling regulators in the Philippines are getting set for a new round of offshore gambling licenses in an effort to shore up tax revenues. It's a potentially big boost for the troubled Philippine gambling industry. ... Read more

Tabcorp Fined $35 Million for Compliance Violations

Tabcorp, an Australian operator, is on the hook for $35 million in fines due to its failure to comply with anti-money laundering laws. The fine is having a big impact on the company's bottom line. ... Read more

UK Gambling Commission Lashes Out Against Unlicensed e-Sports Sites

UK Gambling Commission chief Sarah Harrison lashed out against unlicensed e-sports sites in a scathing new position paper. Harrison is particularly concerned with e-sports gambling by minors. ... Read more

World Poker Tour Cancels Korean Event Amidst International Tension

Tensions between China and South Korea have led to the cancellation of the World Poker Tour's upcoming tournament at the Jeju Grand. Officals blamed the increasing difficulty of travelling between the two countries. ... Read more

Online Gambling Revenue and New Owners Boost Atlantic City's Fortunes

Booming online gambling revenue and some new faces are leaving Atlantic City casinos feeling unusually optimistic about their futures. Is this the beginning of an AC Renaissance? ... Read more

DraftKings Secures $100 Million in Latest Funding Round

DraftKings secured an additional $100 million in investor funding this week. But is that enough to right their troubled ship? ... Read more

Paddy Power Betfair Reports Solid 2016 Revenue

Paddy Power Betfair is reporting solid revenue gains for 2016. The costs of merging the two companies, however, took a bite out of the bottom line. ... Read more

Baazov Sells $99 Million Worth of Amaya Gaming Stock

Former Amaya Gaming CEO David Baazov divested himself of $99 million worth of his old company's stock this week. That should leave him with plenty of cash in his legal defense fund. ... Read more

Indian Commission Takes Deep Look at Regulated Gambling

A panel of top Indian lawmakers is taking a deep look at the issues surrounding bringing regulated gambling India's massive population. The opening of the Indian market would be a huge boon for worldwide gambling. ... Read more
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