Malaysian government authorities are doing their best to make accessing online gambling sites as hard as possible for their citizens. As part of their efforts, lawmakers in the Southeast Asian country are looking at shutting down legal loopholes that have allowed some operators to exist in a legal grey area. According to reporting by CalvinAyre.com,…
Ladbrokes Coral announced this week that they are saying goodbye to a practice that's survived the internet era much longer than anyone would have suspected. On Monday, company officials stated that the UK operator will no longer honor horse racing odds that appeared in the newspaper. While the practice seems desperately antiquated, it's been a…
Auditors looking at the financials of daily fantasy sports operator FanDuel are finding that the company is losing money at an alarming rate. Their findings are just the latest in a string of bad news reports that have dogged the once high flying sports operator. According to published reports on insider.co.uk and CalvinAyre.com, auditors from…
Nevada Governor Brian Sandoval signed off on a bill this week that legalizes parimutuel wagering on esports. It's a big move that both solidifies the state's status as an esports betting hub, and frees regulators from some major headaches. Bookmakers in Nevada were already pretty far ahead of the curb when it came to esports…
Online poker players in New Jersey, Nevada and Delaware are about to experience a major change in their environment. That change will be the result of the State of New Jersey's decision to enter an interstate compact that shares players pools from the three states. This latest development could provide a much needed shot in…
The line between video games and gambling has been blurred quite a bit in the last few years with the introduction of games featuring “loot boxes.” But the line isn’t blurry enough for the the Entertainment Software Rating Board (ESRB) to classify the practice as gambling, yet. Though not a formal ruling, that decisions was…
More than six years after Black Friday, Absolute Poker co-founder Scott Tom is back in Antigua after serving a week long jail sentence for his role in the mother of all online poker scandals. Tom’s sentence was part of a plea deal that could have involved up to a year behind bars. Tom returned to…
DraftKings is planning a major expansion of its international markets to include operations in both Ireland and Australia, according to a report on Legal Sports Report. This marks the company’s first big push into foreign markets since its proposed merger with rival FanDuel collapsed earlier this year. Company officials pointed to the large numbers of…
A Colorado man who shared a lottery jackpot with lotto-fixer Eddie Tipton is suing the Colorado State Lottery in an attempt to reclaim the rest of his winnings. It's the first lawsuit of its kind and, if successful, could be a major headache for the US lottery business. Amir Massihzadeh, on whose behalf the suit…
Lottoland is facing a new set of regulatory headaches in New South Wales where government officials refer to the company's products as, "synthetic lotteries." It's just the latest regulatory headache for the company whose business model is drastically disrupting local lotteries, and local lottery revenue. Details on how exactly New South Wales plans on regulation…
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