Since the introduction of Bitcoin more than five years ago, the worldwide cryptocurrency market has grown at a breakneck pace. At this moment, investors, gamblers, and futurists can take their pick from dozens digital currencies and tokens. Unfortunately, not all of these out-of-the-box coinages are on the up and up. This is a lesson that…
A pair of UK gambling operators are finding out just how easy it is for anyone in the UK to lodge a complaint about their advertising, no matter how absurd that complaint happens to be. Both William Hill and Unibet were subject to investigations from the UK Advertising Standards Authority (ASA) that neatly illustrate why…
The Stars Group, a mega-gaming operator based out of Toronto, is enjoying a pretty sweet revenue spike thanks to some recent acquisitions. Earlier this week, the company wowed industry analysts with the news that revenue for the three months ending September 30 was up a whopping 73.6 percent over the previous year. This was due,…
Australian gaming authorities have ordered Betfair Australasia to pay out $150,000 AUD ($108,000 USD) to a problem gambler whose suspicious gaming habit slipped past the company's firewall against addictive behavior. It's yet another sign that Australian authorities, and their counterparts across the Commonwealth, are very serious about regulatory compliance, especially when it comes to operators…
Fixed-odds betting terminals (FOBTs) are a major flashpoint for the UK gaming industry. The ubiquitous machines produce significant revenue (as in billions and billions worth of revenue) but are constantly under attack from lawmakers and anti-gambling activists for being a bit too addictive. That addictive aspect is why the UK Parliament has been trying desperately…
Executives at UK pay television giant Sky are hoping to stay a step ahead of ad regulators by voluntarily imposing limits on the number of gambling ads they accept for airing. It's a bold move that illustrates exactly how nervous UK operators, and the businesses they do business with, are about potential regulatory changes aimed…
William Hill is looking to acquire the Swedish operator MRG (formerly Mr Green) and they're willing to pay big bucks in an effort to get the deal done. Earlier this week, the UK-based mega-operator put in a bid of $2.2 billion Swedish Kroner ($306.7 million USD) for all of the company's outstanding shares and assets.…
Over the course of the last ten years Zynga has seen its fortunes rise and fall more than a few times. But throughout its trials and tribulations, the once mighty social gaming company has always been able to count on Zynga Poker and social slots to produce a steady revenue stream. Unfortunately, for the San…
A German judge ruled late last week that Lottoland, the digital lottery operator, does not have a legal right to offer its services in Germany. It's just the latest big legal challenge for a company that's seen its business model vigorously challenged by governmental entities across the globe. The latest setback for Lottoland came when…
The UK sports betting industry is scoffing at a suggestion from the Football Association (FA) that they start sending a chunk of their revenue back to professional sports leagues. It's the UK equivalent of a form of graft the US leagues call, "integrity fees," and it's just about as popular as its US counterpart. The…
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