Gambling Insider News

  • Macau clamps down on cryptocurrencies

    The Monetary Authority of Macau (AMCM) has issued guidance prohibiting financial institutions operating in the region from providing financial services to any businesses involved in virtual currency, citing concerns about money laundering and terrorist financing. In a statement citing an earlier press release the AMCM said that: “Bitcoin is...
  • Tabcorp fined $45m for anti-money laundering and counter-terrorism

    The Federal Court has fined gaming operator giant, Tabcorp $45m for breaches of anti-money laundering and counter-terrorism financing laws on 108 occasions over a five-year period. In July 2015, AUSTRAC filed papers in the Federal Court against the three Tapcorp group companies for extensive, significant and systemic noncompliance with...
  • Lottoland hopes to be the first private lottery operator in Germany

    Lottoland has filed an application to have its own lottery in several German federal states in order to challenge the German lottery monopoly and become the first private lottery operator of a major lottery in the country. The company’s new German lottery system will resembles that of the German...
  • UK lottery loophole may be shutdown as licence for lottery betting is granted by MGA

    A betting loophole that allows gambling websites to offer cut-price bets on the EuroMillions lottery draw is intended to be closed by the government as it takes “money away from good causes”. Although the Gambling Act prohibits betting on National Lottery games, websites get around the law by offering...
  • Arrests made over Welsh football match-fixing allegations

    A total of 10 people have been arrested by South Wales Police in relation to an investigation into match fixing on a Welsh Premier League football match played last season. The Football Association of Wales (FAW) referred the case to the Gambling Commission’s Sports Betting Intelligence Unit, before both...
  • New York shows DFS can learn lessons from the case of i-poker

    The differences and similarities in how online poker and daily fantasy sports (DFS) in the US have been handled continue to emerge, following recent developments in New York. While online poker bill S5302 missed the adjournment deadline of 17 June, S8153, a bill seeking to legalise both daily and...
  • UK operators have allegedly closed 20,000 accounts

    The UK Horseracing Bettors’ Forum (HBF) has estimated that 20,000 British online accounts were closed by operators over the last six months. The estimation was included in a publication of the results of a survey conducted between 3 April and 30 April, which found that over 4,000 accounts were...
  • Betfair and Arsenal renew partnership

    The new deal sees the operator become the official betting partner of Arsenal in the UK, Europe, Central and South America, while the expanded partnership will give Betfair increased branding at all domestic fixtures played at the Emirates Stadium. Betfair will also have access to first-team players in developing...
  • MGM Resorts to purchase Boyd’s share in Borgata

    MGM Resorts is to purchase Borgata Hotel Casino & Spa in its entirety, after agreeing to buy the remaining 50% stake in the casino from its partner Boyd Gaming for a consideration of $900m. This does not mean that MGM Resorts will be the sole owner of Borgata, however,...
  • Visa rules to tighten for Macau casino executives

    The Macau government is set to tighten its visa policy for executive’s working in the territory’s casinos, in a bid to see more local employees promoted to management positions. Speaking to the Portuguese-language Jornal Tribuna de Macau, The Human Resources Office of Macau confirmed that it can deny requests...
  • Singapore Pools struggling to launch before the Euros

    Online betting still seemingly has a way to go before it is a reality for punters in Singapore. That’s because less than two weeks before the start of Euro 2016, lottery operator Singapore Pools has yet to get regulatory clearance to launch its first online betting website. In February...
  • BetClic Everest first sports-betting operator to move into new Portugal

    BetClic Everest has become the first operator to launch in Portugal’s regulated online sports-betting market. The operator says on its website that its Portuguese offering is primarily for the Portuguese market, but is available for all Portuguese-speaking players. Sports-betting appears to be the only vertical on offer at the...
  • Ladbrokes Coral would be placed third in UK online sports-betting market

    Ladbrokes Coral would be the third-biggest UK online sports-betting operator, in terms of traffic, should the merger be allowed to complete. Based on last year’s traffic numbers, released by digital research firm SimilarWeb, Ladbrokes is the fourth most popular i-gaming site in the UK with 15.1 million average visits...
  • William Hill partners with social betting network

    Betfect has announced that William Hill has signed up to the sports-betting social network. Betfect went live last year with Ladbrokes as its first major partner. The new partnership is a considerable milestone for the social network that aims to revolutionise the betting industry with its platform. Betfect, a...
  • Amaya: What is the fuss?

    Despite having a recent change in CEO and unwanted publicity, the numbers appear to show it’s business as usual at Amaya. When you look at the PokerStars owner’s Q1 2016 financial results that were published on Monday, revenue is no longer a reflection of hefty percentage increases. The total...
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