GAMBLING IN THE USA A BILLION DOLLAR OPPORTUNITY IN THE ONLINE GAMING MARKET (SAFEHAVEN.COM MARKET COMMENTARY
By Zoltan Tundik FN Media Group Presents Safehaven.com Market Commentary Currently, Global Market Advisors estimate illicit sports betting is a $150 billion industry. NBA commissioner Adam Silverhas written that some even estimate it at $400 billion per year. And in 2018, a little-known U.S. Supreme Court decision…
MACAU GREYHOUND RACING OPERATOR FINED MOP$25 MILLION FOR FAILING TO REHOME DOGS
Macao (Yat Yuen) Canidrome Co. Ltd, the former operator of the city’s greyhound racing facilities controlled by legislator and SJM Holdings Co-Chairman Angela Leong, has been fined MOP$25 million (US$3.1 million) for abandoning dogs formerly under its care. The Municipal…
NEW SPORTS BETTING WEBSITE LAUNCHED IN NEW ZEALAND
The new NZRB website has been highly praised and is expected to have a great impact on sports betting in the country. The NZRB’s new betting platform was launched this week and was described as “the beginning of a new…
TURKEY OPENS TENDER FOR SPORTS BETTING
The government has opened a tender for the operation of sports betting state-owned operator SporToto. Turkey.- Turkey’s Official Gazette has reported that the government is looking to open the sports betting industry by launching a tender to find businesses to…
FACEBOOK RESTRUCTURES SPORTS DIVISION FOR CRITICAL 2019
Ted Menmuir Entering 2019, social media giant Facebook has moved to restructure its global sports division, which will be led by former NBA executiveDan Reed as Vice President of Global Sports/Media Partnerships. Facebook has previously stated its intent on growing exclusive sports partnerships…
TOKYO PLANS MAJOR ESPORTS EVENT IN FY2019
Tokyo Governor Yuriko Koike has announced that 50 million yen ($460,000) in public funds is being budgeted in FY2019 for a major two-day eSports event in Tokyo. Both the venue and the date of the event remains to be decided….
INDIAN MP URGES REGULATION OF ONLINE SPORTS BETTING
The politician has introduced a bill that would improve integrity in sports and regulate online sports betting. India.- Indian Thiruvananthapuram MP and senior Congress Leader Dr. Shashi Tharoor introduced on December 28 the Private member’s Bill in the Lower House…
SBC STRENGTHENS CONFERENCE TEAM APPOINTING ANA-LUIZA OLANESCU AS PRODUCTION LEAD
Andrew McCarron Sports Betting Community (SBC), the organiser of Betting on Football, Betting on Sports America, Betting on Sports and CasinoBeats Summit, has strengthened its conference team with the appointment of Ana-Luiza Olanescu as Head of Conference Production and Content. Olanescu joins SBC’s London office from Informa, where as Editor…
ITALY BEGINS 2019 WITH GAMBLING TAX HIKE
The Italian government has rung in the New Year by introducing a series of tax increases for gambling operators, which come into force alongside its blanket ban on gambling advertising. As of January 1, iGaming licensees are subject to a…
US – SBTECH APPOINTS GAVIN ISAACS AS CHAIRMAN
SBTech has started 2019 with a bang by appointing former Scientific Games CEO Gavin Isaacs as its new Non-Executive Chairman. Mr. Isaacs, who joins SBTech today, will use his extensive 20 years’ gaming experience across a series of senior management…