ALBANIA PASSES LAW BANNING SPORTS BETTING
The parliament passed the law that also bans online gaming and other forms of gambling from 2019. Albania.- The Albanian parliament passed a law on Thursday that bans sports betting and other forms of gambling starting in 2019, in an…
SPORTSPESA DENIES OUTRIGHT NAIROBI IPO RUMORS.
Ronald Karauri, Chief Executive of Kenyan betting group SportPesahas moved to quash rumours that his firm will seek an IPO in 2019. On Thursday, citing unnamed sources, Bloomberg and Reuters Africa reported that Karauri and SportPesa investors were planning to list…
PREMIER LEAGUE CHAMPIONS GO CASHLESS WITH TAPPIT PARTNERSHIP
Manchester City has announced a new partnership in the UK and Asia Pacific with tappit, a solution that provides cashless experiences at events. The deal will explore the use of this technology at club events across the world, including global live screenings and…
GAMING AND SPORTS BETTING EXPLOSION IN AFRICAN COUNTRIES – UNDERSTANDING THE DYNAMICS
(Malta).- Technology has always played an important role in many fields. The gaming and sports betting industries, as well, don’t stay indifferent to the never-ending technology development. As a consequence, because the technology revolutionizes, the need for following the advances…
SPORTS BETTING CAN OFFER A PARADIGM SHIFT FOR US STATE LOTTERIES REVIVAL
(United States).- Limited growth in revenues and profits or even stagnation pose a direct risk for State budgets and significant hurdles in the Lotteries’ process for digital transformation that is critical for addressing in a sustainable way the next generation…
PADDY POWER BETFAIR FINED £2.2M FOR FAILING TO STOP BETS WITH STOLEN MONEY
Paddy Power Betfair has been fined £2.2m by the gambling industry regulator for failing to protect customers and stop stolen money being gambled. The Gambling Commission said during 2016, the betting group failed to intervene when customers displayed signs of problem gambling and…
ONLINE AND SPORTS BETTING COMBINE FOR ‘BIGGEST GAME IN TOWN’
The United States will become the world’s top legal sports-betting market within five years, and online wagering will be a major reason for that, a panel of experts agreed Monday at the Global Gaming Expo. “This will be the biggest…
EREDIVISIE BIG GUNS TO SPREAD WEALTH
In a bid to strengthen the overall level of Dutch top flight football, The Eredivisie’s Champions League regulars, Ajax, Feyenord and PSV have agreed to split the money they receive from competing in European competition with other Eredivisie sides. The agreement comes after the rapid decline…
ESPN’S VAN PELT TELLS G2E AUDIENCE LEGALIZING SPORTS BETTING IS GOOD ‘COMMON SENSE’
ESPN personality and anchor Scott Van Pelt was an early proponent for the legalization of sports betting in the U.S. His reasoning was simple, he told an audience at the Global Gaming Expo Wednesday. “Because I have common sense,” he…
WORLD POKER TOUR NAMES FANSUNITE OFFICIAL PARTNER
Innovative Blockchain Sportsbook Partnership Includes International WPT Television Distribution Highlights: FansUnite Entertainment Inc., an award-winning sportsbook blockchain protocol that is revolutionizing the sports betting world, has been named a World Poker Tour™ (“WPT”) “Official Partner.” The WPT, the poker behemoth…