Sports betting

August 22, 2015

Latest Casino and Gambling News, World Casino News, Sports betting, Fines, Lawsuits & Litigation, Financial Fraud, Italy, Malta

An update to Malta’s gambling legislation will focus on safeguards for customers of online gambling by gaming regulators in the southern European island country. According to a Malta Gaming Authority (MGA) r...

Conservative Judicial Watch sues DOJ over 2011 opinion that online gambling is legal

August 20, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Mobile gaming, Lottery, Sports betting, Licensing, Fines, Lawsuits & Litigation

The Department of Justice’s 2011 revision of the scope of the Wire Act of 1961 is under scrutiny by Judicial Watch, who has filed a federal lawsuit seeking documents pertaining to the ruling. The lawsuit fil...

Dublin bettor earns big payday after unique day in baseball history

August 14, 2015

Latest Casino and Gambling News, Sports betting, United Kingdom

For the very first time in Major League Baseball history, all fifteen home teams earned a win on the same day. After the Mariners took down the Orioles 6-5 in extra innings, history was made, giving one William...

GVC fights on to win back Bwin.party’s favor over rival 888

August 9, 2015

Online gaming software, Latest Casino and Gambling News, World Casino News, Online Poker, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

In a battle that has seemed to some to see board approval of both bidders, GVC Holdings Plc is raising its bid for Bwin.party Digital Entertainment Plc in an attempt to wrest a final approval from the board and...

Portocarrero brothers sentenced for involvement in Macho Sports illegal gambling ring

August 9, 2015

Latest Casino and Gambling News, Illegal Bookmaking, Sports betting, Conspiracy, Racketeering, Financial Fraud

Facing a maximum sentence of 20 years, ringleaders of Macho Sports global gambling ring, the Portocarrero brothers were each fined $50,000 and will serve less than two years in federal prison on racketeering an...

Top Vegas sports bettor, family to pay $4.2M forfeiture

July 29, 2015

U.S.A., Sports betting, Fines, Lawsuits & Litigation

After being found guilty of playing part in an illegal gambling operation dealing with multi-millions in cash, Glen Cobb has now been sentenced. Cobb was sentenced to a year of probation just yesterday and will...

DOJ and NFL have argued that sports betting is skill-based

July 23, 2015

Gaming Law & Legislation, Poker Law, U.S.A., Sports betting, Fantasy Sports, New Jersey

Commissioner Roger Goodell and the NFL oppose legalized sports betting, but that may change in the near future for the business that generated a whopping $7.2 billion in national revenue in 2014. The argumen...

GVC Holdings Plc still considering bwin purchase despite 888 Holdings announcement of acquisition

July 22, 2015

Latest Casino and Gambling News, Online Poker, Sports betting, Mergers, Acquisitions & Partnerships

It was just a few days ago that 888 Holdings announced they were set to acquire bwin.party for $1.4 million. 888 was up against stiff competition for the purchase of the major online gambling brand including GV...

888 outmaneuvers GVC for Bwin.party

July 18, 2015

Online gaming software, Latest Casino and Gambling News, World Casino News, Online Poker, Licensed online casinos in USA, Sports betting, Mergers, Acquisitions & Partnerships

Despite a slightly richer offer from GVC and Amaya, 888 Holdings of Gibraltar has pulled ahead in a deal to purchase Bwin.party (including PartyPoker) for US$1.4 billion (£898.3m). Bwin.party shareholders wi...

Ladbrokes removes Quickcall feature after legal issues surface

July 17, 2015

Australia, Latest Casino and Gambling News, Sports betting

It was just a short time ago that Ladbrokes, a top bookmaker based in the United Kingdom, decided to offer a new featured titled Quickcall in Australia. The new service allowed in-play betting to take place via...

Indian Premier League corruption scandal results in severe punishments for top cricket teams

Renee Kingsley

July 15, 2015

India, Money Laundering, Illegal Bookmaking, Unlicensed Operation, Tax Evasion, Online Gambling News, Asian Casino News, Sports betting, Conspiracy, Racketeering, Crime, Bribery, Financial Fraud

The Indian Premier League (IPL) which was founded in 2008 took the cricketing world by storm. The league format allowed millions of dollars to be traded as international cricket players from around the world w...

GVC offers $1.4 billion for Bwin.party; 888 still in the running

July 13, 2015

Online gaming software, Latest Casino and Gambling News, World Casino News, Canada, Online Poker, Economy/Finance, European Casino News, Sports betting, Mergers, Acquisitions & Partnerships

Last week Bwin.Party Digital Entertainment Plc confirmed that GVC Holdings Plc has made an offer to buy. The deal is reportedly worth US$1.4 billion (GBP908 million) in cash and stock. That amounts to US$1.71 (...

Stan James Online acquired by Unibet Group

July 10, 2015

Sports betting, Mergers, Acquisitions & Partnerships, Gibraltar, United Kingdom

Pending regulatory approval, expected later this year, Unibet Group plc will acquire the online gaming business of Stan James Group plc, including the brand. UK gambling shops were not sold in the deal. The sal...

Blue Horizon Casino Cruise to sail any day now