The UK Gambling Commission (UKGC) is pushing back on some wild claims made in a gaming industry-funded study on black market gambling that was produced by PricewaterhouseCoopers (PwC). Commissioners say the industry is hiding behind the specter of black market gambling in a bid to unshackle itself of burdensome regulations aimed at curbing problem gambling.…
There's a perception among some segments of the sports betting population that some online gambling operators take their sweet time when a customer is asking to withdraw his or her funds. Even worse, some critics of the online gambling business have alleged that some operators even encourage players to reverse withdrawals and put them back…
There's something about the total collapse of tax revenues during the pandemic that have made all kinds of US state governors take a fresh look at the viability of regulated sports betting in their states. The latest convert to the potential fiscal benefits of regulated wagering is Arizona Governor Doug Ducey. But bringing sports betting,…
If you're a sports betting cheat or an elite athlete with a tendency to abuse steroids, you might want to avoid Australia for a while. That's because the Aussie government is cracking down on sports cheating of all kinds and using its new Sport Integrity Advisory Council (SIAC) as the main authority in that fight.…
Casino magnate Sheldon Adelson died at his home in Malibu, California yesterday after a prolonged battle with non-Hodgkin's cancer. Adelson, who was the Chairman and CEO of the Las Vegas Sands Corporation was 87 at the time of his passing, according to a report in the Las Vegas Review-Journal. Adelson's success in the casino business…
It seems like a pretty safe bet that when President Trump banned a group of Chinese payment apps recently he didn't think much about the impact it would have on US gambling operators. After all, isn't that why big time casino magnates like Sheldon Adelson and Steve Wynn poured hundreds of millions of dollars into…
Sports betting markets are reacting to the disgraceful insurrection in Washington D.C. this week with new numbers for wagers on whether the US President will finish out his term. Punters across the planet are closely monitoring markets on whether Trump will resign, be removed from office, or via the 25th Amendment. According to a recent…
Are video game loot boxes like the kind found in the wildly popular FIFA series, a form of gambling? If you're a member of almost any European legislative body, your answer to this question is probably a firm "yes". But if you're Peter Moore, Former EA Sports President Peter Moore, you might just see them…
There's something about a $15 billion budget gap that makes politicians really open their hearts and minds to the prospect of regulated mobile sports betting. That's what's New York Governor Andrew Cuomo is realizing as New York State faces a massive, pandemic-induced budget deficit that's going to require new and inventive sources of revenue. It's…
Officials at South Korean casino operator Landing International revealed that a company employee recently went missing along with $13.4 million in company cash. It's an extraordinarily embarrassing admission for the company and will almost certainly have an impact on the operation's daily business and uncertain future. And to make things even worse, this is isn't…
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