Sep 2, 2015

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Gambling Law & Society News (3264 articles)

NetEnt Launches in New Jersey via Borgata and Bwin.Party

Net Entertainment has been granted a transactional waiver from the New Jersey Division of Gaming Enforcement, which will allow it to launch its digital gaming products via the Borgat...

Gambling Law & Society News

888 Holdings Submits New Bid for Bwin.Party

The battle for the acquisition of Bwin.Party continued over the British bank holiday as 888 Holdings issued a new statement on Tuesday including a revised bid, which Bwin-Party is currently reviewing in addition to the offer from GVC Holdings. Bwin has stood by the July recommendation from its directors to go...

Gambling Law & Society News

Social Gaming Leads to Problem Gambling?

CNet recently published an article covering concerns that social casino games "normalize" gambling activities and contribute to future gambling addiction. The piece notes the accessibility of social games online and the younger demographics who are playing th...

Gambling Law & Society News

AGA’s Jim Murren Supports Online Gambling Regulation

Comments from MGM Resorts chief and American Gaming Association chair Jim Murren’s interview with News3LV continue to attract media attention. He said that daily fantasy sports is definitely gambling and requires regulation. He also spoke about the Restoration of America's Wire Act, which is funded by Sheldon Adelson. Murren expressed his opinion that onli...

Gambling Law & Society News

Online Gambling Activist Launches New Show on YouTube

Following some attention grabbing previews, activist gambler Tim James published the first episode of his show on his YouTube channel on August 20th. James promised that his show, which is just over 25 minutes long, would point out Sheldon Adelson’s hypocritical ways and he certainly delivered having included clips from Adelson interviews followed by criticis...

Gambling Law & Society News

Bwin.Party Seeks Clarity from GVC

Bwin-Party issued a statement on Thursday regarding GVC Holdings’ bid and confirmed that "...key aspects of GVC’s proposal have now been addressed to bwin.party’s satisfaction," but seeks clarity on the best terms on which GVC will make an official offer. It is uncertain whether or not GVC will make an offer for bwin.party, however 888 Holdings plc has been m...

Gambling Law & Society News

Potential Merger for Paddy Power and Betfair

Yet another merger is in the works as Paddy Power and Betfair have announced a “possible merger”, which would result in the company rebranding to Paddy Power Betfair. The boards on both sides have agreed on the key terms of a merger creating a match ma...

Gambling Law & Society News

EveryMatrix Obtains UK Licensing

The UK Gambling Commission has granted software developer EveryMatrix a General Software License, a General Betting Standard Real Event License and a Casino License. Ebbe Groes, chief executive officer of EveryMatrix, said, “As a serious software supplier in the industry, we are constantly assessing adding more licences to the portfolio. Consequently, we are c...

Gambling Law & Society News

Federal Ban on Sports Betting Sticks

New Jersey’s hopes to boost its gambling economy were shattered this week when the federal government decided that the ban on sports betting in all but four states would remain. Despite the decision, the 2-1 ruling by a panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia gives NJ the opportunity to pursue the issue in the full court. “We are revi...

Gambling Law & Society News

Bestpay Partners Ban US Players

Bestpay Partners has allegedly banned US players from playing at any of their nine casinos: Play2Win, 21Grand Casino, Supreme Play Casino, Euro Fortune, RockBet, Slots Jackpot, Tradition Casino, Fi...

Gambling Law & Society News

Bwin.Party Bidding War Continues

The fight for the acquisition of Bwin.Party continues as spokesmen from the bidders take to the UK media to add pressure to the situation. Reps from 888 Holdings and GVC- Cerberus Capital Management have highlighted the advantages of their offers versus the disadvantages of the others. An insider warning Financial Mail journalist Sarah Bridge warned that G...

Gambling Law & Society News

Andrew Quinlan Criticizes RAWA

Referencing Sheldon Adelson's activity in funding anti-online gambling activities, the president of the Center for Freedom and Prosperity, Andrew Quinlan described the proposed Restoration of America's Wire Act as an assault on the Tenth Amendment of the Constitution and criticized Nevada’s Senator Harry Reid for his involvement. In an article for The Hill, a...

Gambling Law & Society News

Indonesian Immigration Authorities Bust Illegal Gambling Ring

While pursuing illegal immigrants, Indonesian immigration authorities in Bali busted an online gambling ring resulting in the arrest of 48 Chinese and Taiwanese nationals that were allegedly involved. A spokesperson for the local immigration office spoke to the Jakarta Post saying: “We need to investigate further regarding how they operate. So far, I am qui...

Gambling Law & Society News

Las Vegas Club Sold

The Las Vegas Club on Freemont Street has been purchased by D owners Derek and Greg Stevens, as announced by Jonathan Jossel, CEO of the casino’s operating company and the Plaza hotel-casino. The purchase price was not disclosed; however the Clark County records show the property being sold for $40 million but it is unclear whether or not that includes the ca...

Gambling Law & Society News Land Based Casino News

GBG to Provide Playtech with ID Verification Services

Playtech has selected security and ID provisions software provider GBG to deliver global ID verification services. The contract will see GBG services available to Playtech’s licensee network via its IMS platform. Shimon Akad, COO, Playtech, said, “That service begins with player on-boarding but also includes campaign management, fraud and risk management a...

Gambling Law & Society News

GVC Raises Bid for Bwin.Party Acquisition

The GVC-Cerberus Capital bid for the acquisition of Bwin has increased to 130p a share with a cash offer of GBP1.1 billion from its previous GBP1.03 billion and GBP 1 billion offers. According to media reports, Bwin.Party's board will consider the offer on Thursday morning’s meeting. Bwin.Party shareholder Jason Ader has made it clear that a fair price would b...

Gambling Law & Society News

Playtech Shareholders Give Go Ahead for Plus500 Acquisition

Playtech shareholders have approved its acquisition of CFD firm Plus500 at a general meeting on Wednesday. Finalization of the deal is pending regulatory approvals, however the company is projecting completion by 30 September 2015. The acquisition deal values Plus500 at GBP 459.6 million or GBP 4 per share, which is nearly half the GBP 862 million the comp...

Gambling Law & Society News

DDoS Attacks on the Rise

Security group Akamai's report for Q2 2015 indicated an increase in Distributed Denial of Services noting that online gaming sites are being targeted. Based on prior years, DDoS activity has significantly increased with a large portion of the attacks targeted at online gaming operators. John Summers, vice president, Cloud Security Business Unit at Akamai, s...

Gambling Law & Society News

Former Bwin Exec Joins Gala Coral

Gala Coral has appointed former bwin.party digital entertainment exec, David Fuke, as its head of web and mobile. Fuke previously served as Head of Product: Bingo for two years. Before his career at bwin.party, Fuke worked for Endemol as product development manage...

Gambling Law & Society News

Bitcoin Users Reluctant to Embrace XT Version

Bitcoin users are not pleased with new Bitcoin XT version, which was created by Mike Hearn and recommended by the currency's chief scientist, Gavin Andresen, but Andersen says that users are beginning to accept the idea as 10 percent of the network have recently accepted the new product. There are concerns that changing the software could split the virtual cur...

Gambling Law & Society News

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