DraftKings has completed a new round of financing from venture capitalists that totals more than $153 million. The new round of capital breathes some much needed life into the daily fantasy sports giant as it fights for its life in state houses across the country. Though there are believed to be multiple finance partners participating…
July proved to be a scorching hot month for Nevada's casino and sportsbooks. The Silver State's regulated gambling industry saw a very solid 10 percent July revenue jump over the previous year's results. Casinos and sportsbooks across Nevada did land rush business built on an unusually busy month for the state's regulated sportsbooks. According to…
World Series of Poker (WSOP) pro Travell Thomas is accusing the US Department of Justice of racial profiling in its effort to prosecute him for debt fraud. Thomas is also looking to depose Manhattan US Attorney Preet Bharara as part of the process. The WSOP circuit player was one of 11 people who were arrested…
Winamax, a French operator, has broken ground on the French daily fantasy sports market with the launch of Le Jeu de l’Entraineur (JDE) (the Coach's Game) game. Could this the beginning of something tres grand? The company is the first and, as of this writing, the only operator with its hooks in this totally unproven…
Ladbrokes is defending itself against complaints that a recent Iron Man 3-themed promotion targeted children with a novel argument; Iron Man is for adults. The provocative, and actually quite logical, statement came after the UK Advertising Standards Authority (ASA) suggested that Ladbrokes' used of Iron Man images went against rules prohibiting gambling ads from targeting…
The Philippine Amusement and Gaming Corporation (PAGCOR) is opening its doors to foreign operators. This stunning move comes just weeks after PAGCOR, acting at the behest of Philippines President Rorigo Duterte, is actively working to shut down their domestic-facing gaming industry. According to a report from Reuters, PAGCOR is now offering online gaming licenses to…
If you think that sports betting and the Summer Olympic Games in Rio de Janeiro are a perfect fit, you might want to have a chat with owners and operators of Nevada's legal sports books. The purveyors of Sin City sports betting offered action on the games for the first time in more than 15…
Hustler publisher Larry Flynt is being sued by the Isle of Capri Casinos, Inc. over his use of the term, "Lucky Lady Casino" on his recently opened Los Angeles casino. The card room and casino is officially known as, "Larry Flynt's Lucky Lady Casino," but that distinction is not good enough for the Isle of…
California's slow march towards regulated online poker continued this week with a proposed 5-year ban on bad actors, such as PokerStars, according to a report in the Los Angeles Times. The amendment was added to AB 2863 earlier this week by the bill's sponsor, Assemblyman Adam Gray (D-Merced). Representative Gray's proposal would prevent any operator…
CSGO Lounge will no longer allow gambling on esports on for skins. It's a move the company has resisted for weeks, but also signals the end of an era in the budding world of esports gambling. The announcement of the skins betting was posted yesterday on the site's Facebook page in a post reading: Today…
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