$50 million? No problem.

One of the great things about the online gambling industry is that there’s never a dull moment.

Every month we see new twists and turns in old stories, like the Black Friday saga; as well as new story lines such as the rapidly growing blacklisted domain list in Bulgaria.

Here’s a few of the online gambling headlines from last month every affiliate should have on their radar.

Bulgaria Expands Blacklisted Domain List

Say what you will about the Bulgarian State Gambling Commission (BSGC) but they’re definitely not afraid of the big boys. Last month they added a number of big name operators to their blacklisted domain list including Ladbrokes and Bet365.

It’s a sign that they’re serious about getting operators on board with the new Bulgarian licensing plan; and it appears to be working. The BSGC reports a big uptick in license applications.

PokerStars Still Courting US Market

PokerStars wants a piece of the US igaming market so badly that they’re willing to buy the failing Atlantic Club Casino in Atlantic City to do so. That kind of commitment might normally be rewarded but PokerStars just doesn’t have a lot of friends in the upper levels of the US gambling industry.

Last month the company’s lawyers appealed a Jersey court order killing the Atlantic Club deal and have burrowed themselves into the legal minutae. The only safe prediction here is that the lawyers will make plenty money as this fight continues.

Fortunately PokerStars (and parent company Rationale Group) have some pretty deep pockets. Company CEO Mark Scheinberg just settled longstanding legal problems with the US Department of Justice for $50 million.

In short, PokerStars is willing to pay just about any price to land on American shores.

Other Headlines

What kind of impact did these stories have on your business? Share your thoughts in the comments section below.

Tags: ,

Related posts: