Australian online bookmaker CrownBet has shelved plans to provide its online sports-betting services in 1,200 clubs across New South Wales. This Thursday, ClubsNSW Chief Executive Anthony Ball announced that James Packer’s CrownBet deal with ClubsNSW drops off the agenda due to the confusing regulatory regime. Tabcorp, the leading company on […]
Author: Paul Brooks
New Blockchain Project to Revolutionize Sports Betting Market
The symbiosis between the innovative cryptocurrency and the online gambling market is getting stronger with each passing day. The global online gaming market is currently booming and operators are exploring various ways to evolve gaming experience. As a result, a number of online betting companies integrated blockchain into their digital […]
Idaho Reopens Debate to Legalize Slot Machine-like Horse Racing Terminals
Idaho has added “historical” or “instant” horse racing machines to its wish list. The horse-race betting machines are very similar to slot machine-like betting terminals that allow players to place bets on replays of horse races that have already been run. According to the latest news, a bill that would […]
The Era of Poker Machines in Tasmania is About to End, Study Shows
Gambling is a popular pastime among many Australians. More than half of the population engage in gambling of some kind. Looking at how much money Australians spend on gambling, it is not a surprise that the country is a hotbed of gambling-related problems. Every year, Australians gamble away billions and […]
Montreal-Based Tech Company’s Offices Raided in Alleged Link with Amaya Insider Trading Case
Last fall, the security regulator of the Canadian province of Quebec Autorité des marchés financiers (AMF) raided the offices of the Montreal-based company Hypertec. Earlier today, The Globe and Mail reported that the move came after the security regulator tabled bombshell allegations of suspicious business relationships between the Canadian gambling […]
Bitcoin Price Slips as South Korea Plans to Ban Cryptocurrency Exchange
Cryptocurrency has been attracting the attention of many people around the globe. Some consider cryptocurrency to be the payment method of the future, while others say that cryptocurrency is a balloon that is expected to burst in the foreseeable future. Bitcoin is the largest cryptocurrency thus far. The value of […]
Daily Fantasy Sports Revenue Fails Rising to New York’s Expectations
The fantasy sports industry is undoubtedly a rapidly-growing business that constantly needs to innovate in order to attract the attention of new players. Despite all the legal hurdles that the industry-involved companies faced, the daily fantasy sports (DFS) craze keeps on sweeping across the U.S. Many states considered adopting gambling-friendly […]
Sports Betting Bill is Likely in the Cards for Many U.S. States
Sports betting have come to be a multi-billion-dollar industry that is growing astronomically across the U.S. Roughly estimated, Americans spend approximately $150 billion on illegal sports wagers per year. As of now, sports betting remains illegal in most of the American states. Only Nevada, Oregon, Delaware, and Montana, which are […]
Bitcoin Rise in Usage Supports Offshore Sports Betting Sites Prosperity
Bitcoin is a form of digital currency, that is produced by people by using complex algorithms. Unlike the traditional currencies such as dollars or euros, bitcoins are not printed on paper without using any traditional banking channels. In other words, bitcoin exists in digital wallets on the Internet. The digital […]
Champaign’s City Council to Discuss New Video Gambling Regulations
Video gambling is a rapidly-growing business in Champaign. A rough estimation showed that gamblers frittered away more than $45.26 million during the past five years. Quite expectedly, the city was among the biggest revenue winners among all other cities in Illinois. According to various studies, the video terminals have resulted […]