PokerStars is shutting down its real money online poker operation in Israel. The said the closure was the result of a, "commercial assessment," but didn't offer much more in the way of details. Israeli players were notified of the decision last week in an e-mail which read, in part: Our management team regularly reviews our…
Nevada gaming regulators have given their approval to USFantasy, a Henderson, Nevada-based daily fantasy sports with a fairly unique business model. If successful in Nevada, USFantasy could provide a daily fantasy sports model that's both attractive, and fair, to players of all skill levels. Unlike traditional daily fantasy sports operators like DraftKings and FanDuel, USFantasy…
Las Vegas has finally landed its own professional sports team and reactions to the big event are range between, "Yeeehaaa!," and, "Hey, what about me?". And though it might seem insignificant today, Las Vegas' new NHL franchise could be a tipping point in America's endless discussion over regulated sports betting. Late last week, the NHL…
Fantasy sports giant DraftKings recently acquired a UK daily fantasy sports site called TransferKings. The acquisition is a big move for DraftKings and could give them a major advantage as they move into the UK gaming market. Though terms of the deal were not announced, both companies were eager to explain what the sale meant…
Canadian lawmakers are looking at a bill that would legalize single game sports betting and, so far, they don't seem to like what they're seeing very much. If approved, C-221 would allow individual provinces to offer single game sports betting to their residents. Under current Canadian law, only multi-game parlay wagers are legal in the…
New York lawmakers approved a measure legalizing daily fantasy sports in the Empire State, late last week. The bill, which easily passed the State Assembly but took a lot longer for Senate approval, throws a lifeline to DFS operators who were operating in the state before November 15, 2015. Under the terms of the new…
Russia's regulated online sports betting market doubled in size this week with the launch of 888.ru. The company, which is based in Russia and has no relation to 888 Holdings, is now the second operator to take a chance on a market that features some very challenging circumstances. 888.ru is backed by Russian lottery operator…
The UK Gambling Commission is hitting UK operator BetFred with an £800,000 ($1.1 million USD) fine for violating anti-money laundering regulations. While BetFred has acknowledged its role in the case, this version of money laundering is probably not the kind you're thinking about. BetFred, according to a report in The Yorkshire Evening News, took a…
The New State Senate has approved a measure that would legalize online poker in the Empire State. While S-5032 sounds like a victory for the online gambling industry, regulated online gambling is still a long way from becoming a reality for New York State residents. As it stands, S-5032 would allow the state to issue…
FanDuel and DraftKings, the two biggest names in daily fantasy sports, are discussing the possibility of a merger. If it came to pass, and that's a mighty big if, the deal would radically change the face of the daily fantasy sports market both in the US and abroad. The deal, which has been reported on…
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