Economy/Finance

Flutter Completes FanDuel Takeover, Extends Boyd Partnership to 2038

Johnny K.
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Flutter Entertainment has officially reached an agreement to purchase Boyd Gaming Corporation’s remaining 5% ownership in FanDuel, cementing full control over the U.S.’s leading sports betting and iGaming platf...

Indonesia’s Financial Authority Cracks Down on Online Gambling with Major Account Freezes

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Unlicensed Operation, Online Gambling News, Asian Casino News, Crime, Fines, Lawsuits & Litigation
Indonesia's Financial Services Authority (OJK) has ramped up its efforts to fight illegal online gambling by instructing financial institutions to freeze a staggering 17,026 bank accounts suspected of involveme...

Curaçao Online Casino Operators Settle Over KYC Failures

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Curaçao Casinos, Online Gambling News, Fines, Lawsuits & Litigation
In a landmark move, twelve online casino operators in Curaçao have accepted an out-of-court settlement for failing to properly verify the identities of their players, a critical violation under the island's leg...

Nevada Congresswoman Pushes Back on Gambling Loss Cap with FAIR BET Act

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Taxes, Nevada
Nevada Representative Dina Titus is taking a firm stand against a controversial new tax change impacting gamblers across the country. On Monday, she introduced the Fair Accounting for Income Realized from Betti...

Fantasy Sports Startup Secures 7 Million Dollars to Fuel Expansion

Johnny K.
U.S.A., Online gaming software, Latest Casino and Gambling News, NFL, World Casino News, North America Casino News, Gaming Industry News, Technology, Economy/Finance, Sports betting, Online Gambling News, Fantasy Sports
Fantasy Life, the brainchild of renowned fantasy football analyst Matthew Berry, has successfully closed a $7 million funding round aimed at accelerating its evolution from a content brand into a dynamic techno...