British gaming regulators hit Kindred Group brands 32Red and Platinum Gaming with a combined £7.1 million ($8.8 million USD) fine for various social responsibility and anti-money laundering (AML) compliance issues. The fines show that the Commission is still very much on the job while it waits for the long-promised gambling reform white paper, that's been…
GambleAware is taking a closer look at how its products impact members of the country's various minority groups as part of its ongoing efforts to curb problem gambling. They recently published the results of some new research on the subject and the findings are disturbing. Britain's minority groups suffer from problem gambling rates that are…
Bally's is pulling the plug on Monkey Knife Fight, a daily fantasy sports (DFS) site the company acquired during a buying spree aimed at beefing up its sports products. Monkey Knife Fight's untimely demise comes just two years after Bally's acquired the up-and-coming DFS operator for $90 million. When Bally's first purchase Monkey Knife Fight,…
The days of US players making "risk-free" bets on NBA games and props are coming to a close. Last week, the professional basketball league became the latest US entity to ban operators from using the phrase "risk-free" in their official promotions, and they're not likely to be the last. The problem with "risk-free" and "free"…
A recent meeting of the New York Senate Racing, Wagering, and Casino Committee turned into a gripefest by big-time operators like DraftKings and FanDuel. The operators strayed from the meeting's agenda with extended complaints about the state's sky-high 51 percent tax, and threatened to take out their feelings on consumers with threats of increased juice.…
A recent survey conducted by the University of Houston found some Texas-sized support for regulated sports betting and casino expansions. It's another sign that residents of the Lone Star State want more regulated gambling in their lives, but that's not something the state's authoritarian leaders are interested in providing. The survey, conducted by the Hobby…
The UK Gambling Commission (UKGC) is hitting In Touch Games with a massive £6.1 million ($7.5 million USD) fine for a slew of social responsibility and anti-money laundering (AML) failures. In Touch Games' huge fine not only reflects how seriously the UKGC is taking its responsibilities these days, it also reflects the fact that this…
Lawmakers in Nebraska are readying a bill that would allow state residents to wager on the home team in games that are played in-state. It's a measure that would close an odd loophole in the state's recently opened regulated sports betting market, and will likely be a boon to a fund that provides scholarships to…
UK football clubs are under fire from anti-gambling advocates for their role in bringing branded sportsbooks to Premiere and Champions League football stadiums. That criticism is currently focused on Sheffield Wednesday and William, the first football team/operator duo to enter an arrangement to develop a Home Shop at the team's Hilsborough Stadium. Though gambling operators,…
Risk-free bets are a marketing cornerstone of the contemporary sports betting industry. In the United States, where the regulated sports betting sector is still in its infancy, operators use so-called "risk-free" bets as a promotion that's usually written off on the company's tax bill. The pervasive nature of risk-free promotions make Penn Entertainment's recent decision…
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