UK-based operator William Hill abruptly shuttered its operations in the Canadian province of British Columbia. As yet details surrounding William Hill's exit from British Columbia are pretty vague. According to several published reports, users of the site were greeted with a message stating that the company had shuttered the site due to, "regulatory issues." What…
The daily fantasy sports industry continues its fight for survival in the US with battles in the Colorado and Texas statehouses. On another front, daily fantasy sports operators lost their bid to advertise on NBA jerseys. Colorado Bill Gets High Profile Supporter In Colorado, lawmakers considering HB 16-404, which would create an office of fantasy…
Amaya Gaming CEO David Baazov has formally plead not guilty to the insider trading charges lodged against him by Quebec financial regulators.Baazov, along with five co-defendants (two people and three companies) entered their pleas via mail over the past few weeks. With this step of the legal process out of the way, the case will…
Isle of Man’s Gambling Supervision Commission (GSC) is considering a number of changes to the regulations that govern online gambling operators. Chief among the proposed changes is a proposal allowing operators to accept Bitcoin deposits from their players. The proposed upgrades to the GSC's regulations were released late last month in the form of a…
The true identity of Satoshi Nakamoto, the anonymous inventor of the Bitcoin, has finally been revealed. According to a number of published reports Craig Wright, an Australian tech entrepreneur, is the real Satoshi Nakamoto and he's got the Blockchain evidence to back his claim. A number of credible sources, including the Economist, have met privately…
Australian lawmakers are mulling over a review of the Interactive Gambling Act of 2001 that includes a broad set of recommendations that, if enacted into law, would radically change the face of Down Under online gambling. The review includes 19 recommendations for changes to existing laws governing the way Aussies access online gambling sites. According…
A recent gambling addiction study suggests that problem gamblers don't necessarily need regulated options to get their fix. Regardless, Nevada still has the most gambling addicts of any US state. The study was conducted by WalletHub, a company that bills itself as a, "financial fitness firm," and looked at both availability of gambling (gambling friendliness)…
California lawmakers are meeting this week to take another stab at AB2863. their long-delayed online poker bill. Once again, the assembled politicians will be attempting to appease a galaxy of competing stakeholders that are all looking to grab their own piece of the California online gambling dream, while keeping their competitors from getting a taste.…
Illinois lawmakers are debating a measure that would regulate daily fantasy sports play for the state's 12.8 million residents. The new measure (HB 4323) passed out of committee last week and is supported by the Fantasy Sports Trade Association (FSTA). If passed, HB 4323 would allow Illinois residents 21 or older to participate in online…
The looming specter of a massive new sports betting tax has Russian bookmakers preparing for the worst. Late last month, the Russian Finance Ministry announced the imposition of a new 10% tax on their sports betting licensees. Poor performing bookmakers will be hit even harder as the tax includes a $2.5 million (RUB) to…
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