Bookmaker News
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We cover some of the most interesting headlines and provide news from the world of online betting!
NBA Announces a Stance Shift Regarding Legalized Sports Betting
The National Basketball Association (NBA) has announced they’ll be taking a different approach to legalized sports betting moving forward. One of the biggest sports organizations in the world intends to fully support those lobbying to change existing regulations. Previously, the NBA had announced they’d land their support to legalized sports betting. However, the organization had […]
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Sports Betting Revenues Boosting French Online Gaming Market
The third quarter of 2017 has been a good one for the online gaming market in France. The aggregate gaming revenues stand at $639 million, which is a 23% year-on-year increase. It is interesting to note that sports betting has played a significant role in this development. Namely, that segment of the industry has shown […]
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UKGC Strikes Again: Ladbrokes Coral Fined £2.5 Million
The UK Gambling Commission (UKGC) has been very active lately. This regulatory body has been doing a lot to try and enforce stricter regulations onto operators offering their services to UK players. Ladbrokes Coral has become the latest victim of stricter policies. Namely, the UK bookmaker will have to pay a £2.5 million fine. In […]
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Western Union to Pay $586 Million Fine to US DoJ
Western Union, one of the largest money sending services on the planet, will have to pay up $586 million to the US Department of Justice for violations connected to anti-money laundering policies. This is by far the harshest fine imposed by the DoJ on a money services business. Illegal Sports Betting, Fraud, and Human Trafficking […]
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Bookies Got It Right for Trump’s Inauguration Speech
Some of the big bookies in Europe, like Paddy Power, didn’t have much luck with the US presidential election this time around. Donald Trump’s unexpected victory caught everyone off-guard and led to some tidy winnings for more adventurous punters. Although it may seem like a big deal from our point of view, it was just […]
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