International Game Technology (NYSE:IGT) is expanding its library of digital games in a big way with the $174 million, all-cash acquisition of iSoftBet, a provider of iGaming content.
Gaming-related companies across Southeast Asia are under attack. Hackers, reportedly out of China, are targeting operations in the region, and where successful, can gain access to entire gaming networks.
888 CEO Itai Pazner said the US market remains a huge opportunity for his company, which has created a platform for profitable long-term growth. (Image: 888 Holdings)
A New Jersey man claims FanDuel has violated his state’s Consumer Fraud Act, breached its contract with him, and engaged in a civil conspiracy by not giving him back $300.
Chile is in the process of attempting to legalize online gaming and sports betting. Betsson reportedly didn’t wait for the arrival, and casinos are denouncing the “illegal” entry of the online gaming company.
The Pennsylvania gaming industry is now on a three-month revenue slide after posting record revenue in November. Gross gaming revenue (GGR) last month totaled a little more than $375.6 million, which represents a 4.4% month-to-month decline.
Authorities in the Philippines have charged or are in the process of charging 13 people with crimes linked to the disappearances of at least 34 stakeholders in the country’s fledgling e-sabong (online cockfighting) market. Among them are five serving police officers.
The mystery buyer of a A$38.5 million (US$28 million) Melbourne mansion has been identified by Australian media as the 26-year-old cofounder of one of the world’s biggest crypto-betting operations.
888 Fined £9.4M in UK for AML Failings, License Revocation Threat
Posted on: March 1, 2022, 06:05h. Last updated on: March 1, 2022, 01:02h.
Philip Conneller
Philip Conneller
@casinoorgphilc
Expertise: Crime, Gaming Business, Regulation.
It could be a case of three strikes and you’re out for online gambling behemoth 888.com. On Tuesday, the UK gambling regulator (UKGC) announced it had fined the operator £9.4 million (US$12.6 million) for social responsibility and anti-money laundering (AML) failings.
The Netherlands’ iGaming market could soon add additional players. The two-year “black-out” period included in gambling law updates in 2022 is coming to an end.