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DraftKings and FanDuel Settle with Massachusetts for $1.3 Million Each

DraftKings and FanDuel have struck a deal with the Massachusetts Attorney General that will allow them to operate in the state, despite claims that they've engaged in unfair consumer practices. As part of the arrangement, each company will pay out a $1.3 million fine and accept certain changes to their business practices in the state.…

Sky Betting & Gaming Set to Shut Down Casino Affiliate Marketing Program

Sky Betting & Gaming (SB&G) is shutting down its casino affiliate marketing program in the wake of some scathing media coverage and a rapidly changing regulatory environment. It's a significant move that could signal seismic shifts in the casino affiliate marketing business. SB&G informed its affiliate partners of its decision on Monday in an e-mail…

888 Hit with $10 Million Fine for Failing to Protect Problem Gamblers

The UK Gambling Commission (UKGC) hit 888 Holdings, Inc. with a whopping $10 million fine for failing to adequately protect problem gamblers against their own, self-destructive behavior. The fine comes after months of investigation and could have resulted in the ultimate penalty; a suspension of the company's UK gambling license. 888's troubles started last year…

Ladbrokes Coral Volunteers for Extra Greyhound Tax

UK-based operator Ladbrokes-Coral is bucking the long-held traditions of capitalism and has voluntarily agreed to pay taxes on revenue it collects from offshore greyhound racing wagers. It's a move that sounds fairly altruistic on its face but, when all is said and done, winds up serving the company's needs. Earlier this week, the company announced…