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Paddy Power Betfair Looking at Possible FanDuel Acquisition

Officials from Paddy Power Betfair are in negotiations to possibly acquire the US daily fantasy sports site FanDuel. It's the first major, potential, acquisition of a US sports wagering firm since the US Supreme Court green-lighted regulated sports betting at the state level earlier this week. And, in the eyes of gaming industry watchers, it's…

Kentucky Derby Wagering Sets New Record

On any given year the Kentucky Derby draws gamblers out of the woodwork as casual punters try their luck at wagering while partying at Derby celebrations across the country. This year, however, those once-a-year bettors took their wagering to new heights as Churchill Downs reported record wagering on the 144-year-old event. According to published reports,…

Moldova Says 'No' to Gambling Monopoly – Calls in Private Sector

The tiny nation of Moldova, in Eastern Europe, is doing something that most European countries won't, it's divesting itself of its long held gambling monopoly. According to Balkan Insight, the outsourcing project includes everything from slot machines to sports betting and even the national lottery. Under the terms of the new plan, Moldova's government will…

Lottoland Readies for Bruising Legal Fight

In the Land Down Under, the battle between synthetic lottery operator Lottoland and the Australian Lottery and Newsagents Association (ALNA) is, once again, heating up. Over the past week, Lottoland has threatened to take its fight to Australia's highest courts, while also accusing its arch-rival of seriously over representing its numbers. Here's where the fight…