As cryptocurrencies and online gambling become more common in the United States, the American Gaming Association (AGA) is calling on the Biden administration to consider cryptocurrency's impact on gambling operators. In a recent letter addressed to Undersecretaries Nellie Liang and Brian Nelson, AGA President Bill Miller spoke of the industry's crypto concerns and the importance…
When Massachusetts lawmakers recently approved a bill regulating sports betting, their hope was that operators could be licensed and online before the start of the 2022 football season. But their hopes have collided with reality and it appears that Boston bettors will have to wait until at least next season before placing their first legal…
When FBI agents present a search warrant at the door of ex-President Donald Trump's Mara Lago estate in Florida earlier this week, they set into motion a chain of events that extended well beyond their control. Among the myriad of ripples the raid created was a serious drop in the value of "Will Donald J.…
A group of UK football fans are calling on lawmakers to implement a complete ban on Premier League gambling sponsorships. The effort is being led by a group of recovered gambling addicts called Football Supporters Against Gambling Adverts, and already has 45,000 signatures on a petition supporting its efforts. Their goal is to gather one…
Executives at DraftKings touted the company's bright future after announcing Q2 2022 revenue of $466 million during a recent call with shareholders. That's a future that includes solid customer retention and the prospect of increased revenue as emerging markets like Ontario continue to develop. Of course the star of the show was the $466 million…
While the people of Colorado were celebrating the Colorado Avalanche's recent Stanley Cup win, their local sportsbook operators were taking a major hit. That's because confident Coloradans cashed in futures bets on the hockey team that ultimately won the championship, and tanked operator revenue for June. According to a recent report from SBC Americas, Colorado…
Bally Bet is betting that a partnership with New York's premiere professional sports team will help the operator secure a spot in one of the United State's biggest sports betting markets. That's why earlier this week Bally's Bet signed on to be one of the New York Yankees official betting partners. As a relative newcomer…
Online gambling operator LeoVegas was hit with a £1.32 million ($1.61 million USD) for violations of social responsibility and anti-money laundering (AML) rules. It's another example of how UK regulators are holding operators accountable by enforcing AML and social responsibility rules to the letter. LeoVegas' violations occurred over a period between October 2019 and October…
Regulated sports betting is coming to the state of Massachusetts after years of political bickering and haggling. The Bay State is now the 36th US State to legalize sports betting (30 state and Washington DC are operational, five states - including Massachusetts have legalized but aren't online yet). Massachusetts' entry into the regulated sports betting…
[caption id="attachment_872310" align="alignnone" width="628"] FanDuel Sportsbook[/caption] FanDuel is significantly expanding its live dealer options with the launch of FanDuel-branded live dealer studios in Michigan and Pennsylvania. The new studios are part of the FanDuel Casino brand, which is currently operating in four US states. The US-based operator isn't exactly breaking new ground with its live…
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