The UK Gambling Commission (UKGC) hit two UK-facing operators with a combined £657,000 ($851,000 USD) in fines for a variety of anti-money laundering (AML) and social responsibility failings. Jumpan was hit with a £500,000 ($630,000) fine while Cyprus-based Progress Play will be paying out £175,718 ($221,000 USD). Though both operators were cooperative and worked with…
The age of gambling sponsors' logos on Premier League jerseys appears to be coming to an end. According to a recent report from BBC Sport, the Department for Digital, Culture, Media and Sport (DCMS) will be including the ban in a white paper on gambling reform that's due to be published within a few weeks.…
Take-Two, one of the biggest names in video games, has completed its acquisition of the social gaming pioneer, Zynga. The blockbuster deal comes in at $12.75 billion and will expand Take-Two's portfolio deep into the social gaming market. Under the terms of the deal, Zynga shareholders will receive $3.50 in cash and $6.36 in shares…
Would proposed betting limits for UK operators fuel a surge in black market gambling? According to a new survey from YouGov and the Betting and Gaming Council (BGC), that's the opinion of about 65 percent of UK punters. The BGC is using the survey's results as the centerpiece in its campaign to keep lawmakers from…
The American Gaming Association (AGA) is pressuring Massachusetts lawmakers to give a ban on betting on college sports that is the cornerstone of a new bill that would bring regulated sports betting to the state. The influential trade group stated its case in a letter that was delivered to the State House recently ahead of…
BetDeluxe will be paying out AU$100,000 ($70,000 USD) to the The New South Wales (NSW) Independent Liquor & Gaming Authority for violating local laws on inducing gambling via bonus offers. Regulators further warned that other operators will be feeling the sting of a crackdown on illegal promotions. At the heart of the matter were a…
Goldchip Ltd. is suspending all operations under its operator's license pending an investigation by the Great Britain Gambling Commission (GBGC). It's another big move from the British government on an operator that's allegedly operating outside the confines of the Gambling Act of 2005. Details of what exactly Goldchip may have done in violation of their…
The US Department of Justice (DOJ) is suing Republican Party activist, and former casino owner, Steve Wynn to order him to register as an agent of the Chinese government. The shocking move comes after sources revealed that Wynn pressured former US President Donald Trump on behalf of the Chinese government, to deny asylum to a…
888 shareholders overwhelmingly approved the company's decision to acquire William Hill's non-US assets in a blockbuster deal worth £1.95 billion ($2.34 billion USD) from Caesars. It's a big move that greatly enhances 888's footprint in the UK market, and puts a few billion extra dollars into Caesars' coffers. The deal has been in the works…
Since the rise of the rise of regulated sports betting in the United States, American operators have been operating in a Gold Rush environment. Nearly every month brings news that one regulated market or another have not just broken, but shattered, their monthly revenue or handle record. Now, according to the American Gaming Association (AGA),…
News in the iGaming and Sports Betting affiliate world moves fast.
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