888 CEO Itai Pazner is exiting the company in the wake of an internal probe revealed anti-money laundering (AML) and Know Your Customer (KYC) failings related to Middle Eastern VIP players. Pazner has not been accused of any personal wrongdoing in the matter, though the story is developing. Pazner's departure is the first bit of…
Executives at the Las Vegas Sands (LVS) see a potential expansion into the recently opened New York gambling market as a game-changing opportunity. LVS Chairman and CEO Rob Goldstein recently talked at some length about the company's efforts to secure a coveted New York gaming license and its plans for the site that now houses…
A recent survey conducted by the University of Houston found some Texas-sized support for regulated sports betting and casino expansions. It's another sign that residents of the Lone Star State want more regulated gambling in their lives, but that's not something the state's authoritarian leaders are interested in providing. The survey, conducted by the Hobby…
December 2022 was a really good month for operators of unlicensed gaming sites. That's the conclusion of a recent report from the UK Betting and Gaming Council (BGC), a trade group representing licensed operators. According to the study, which was conducted by Yield Sec, visits to illicit sportsbooks by UK residents more than tripled during…
The UK Gambling Commission (UKGC) is hitting In Touch Games with a massive £6.1 million ($7.5 million USD) fine for a slew of social responsibility and anti-money laundering (AML) failures. In Touch Games' huge fine not only reflects how seriously the UKGC is taking its responsibilities these days, it also reflects the fact that this…
Fanatics Betting and Gaming made a bit of history this week when it opened the first retail sportsbook located in an NFL Stadium. The Fanatics Sportsbook at FedExField in Maryland, home of the Washington Commanders, is also the latest example of how the NFL's embrace of regulated sports betting flies in the face of decades…
Bally's is cutting 15 percent of its interactive workforce as legacy operators continue to adjust their staff size, and business models, to the realities of a very competitive marketplace. It's a move that reflects the realities of trying to do business in the chaotic post-pandemic world. Bally's announced the restructuring plan in filings made with…
UFC, the biggest name in mixed martial arts (MMA) is looking to clean up its image in the sports betting world by hiring on US Integrity as its official integrity service. The move comes in the wake alleged "unusual activity" surrounding wagering on several recent UFC events. “U.S. Integrity will help us strengthen our existing…
The UK Gambling Commission is hitting TonyBet, an Estonian-based operator, with a £442,750 ($547,043.75 USD) fine for a laundry list of anti-money laundering (AML) and social responsibility failings. It’s big hit from the Commission and a clear warning to other operators that the UK’s top gambling regulator is very serious about the business of compliance…
The movement to expand Texas gaming law to include urban casinos and regulated sports betting picked up a significant supporter this week when Dallas Cowboys owner Jerry Jones lent his support to the campaign. Jones joins a growing chorus of lawmakers and other Texans who are hoping Texas can join the tidal wave of regulated…
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