Latest Sports News
Maine Joins Arkansas, Becomes The 15th State To Legalise Fantasy SportsAug 3, 2017
Maine legalises paid-entry fantasy sports this year and becomes the fifth state this and 15th state otherwise to do so. The law came into force on Wednesday. Just a few days back the state of Arkansas passed the law legalising fantasy sports.
Research Reveals More Than 60% Kenyans Fear Heavy Taxes May Kill Betting IndustryAug 3, 2017
A poll conducted on 822 respondents from the seven counties- Nairobi, Uasin Gishu, Meru, Nyeri, Kisumu, Mombasa, and Kakamega, revealed that more than 60% of the Kenyans do not support the recent legislation imposing a 35% tax on the betting companies. Only about 22% of the respondents were in support of it.
Malaysia Stands Firm To Curb Illegal GamblingAug 1, 2017
Online gambling equipment worth RM 345,500 (around $80,000) has been seized by authorities from two different venues in Kuala Lumpur, Malaysia in an attempt to crackdown illegal gambling activities. In all about 239 items that are believed to be related to online gambling were seized in a raid conducted on July 28.
Arkansas Passes Bill Legalising Fantasy SportsJul 31, 2017
A number of bills became law this week after being approved in this year’s Arkansas General Assembly which included fantasy sports in the state along with laws concerning placements of juveniles in foster care and increased speed limits on controlled-access highways.
With EPL Around The Corner, FanDuel Bids A Good-Bye To The UK Market.Jul 30, 2017
FanDuel has announced to it would not be offering its services further in the UK through an e-mail sent to current players, offering a full refund to its clients. The operator started its services in the UK recently in August 2016 partnering with sports data provider Opta.
ARJEL Reports Of Sports Betting Market In France On A RiseJul 29, 2017
ARJEL, the French gambling regulator in its recent publishing, declared the turnover from sports betting in France had hit the all time high by reaching €636m (£567m) mark. The sports betting market in France is experiencing what is called the largest growth in years.
Sports Bettor Billy Walters Will Face Five Years In Jail With A Fine Of $10 Million For Insider Trading SchemeJul 28, 2017
Sports bettor Billy Walters on Thursday was sentenced five years in prison and fined $10 million for insider trading earning him more than $40 million.
Uruguay On Plans To Introduce New Laws To Regulate Gambling ServicesJul 27, 2017
Uruguay government is on plans to introduce a new legal framework seeking a check on internationally licensed iGaming operators from targeting local players. Due to the lack of controls that could stop casino players and sports bettors from accessing these gambling sites, despite online gambling prohibited in the country.
DraftKings Unhappy With The Classification Of Fantasy Sports Under Online Gaming By Massachusetts’ State CommissionJul 26, 2017
With the coming of State Commission’s proposal of classifying fantasy sports under online gaming, DraftKings Inc. has shown its disapproval saying they’re a growing tech company and reclassifying them as online gaming would impact their business and their ability to thrive in Boston and Massachusetts.
Governor Chris Sununu Signs A Law To Make Fantasy Sports Legal In New HampshireJul 25, 2017
New Hampshire Governor Chris Sununu has recently signed a law legalising all fantasy sports game in the state.
Kenyan Company Sues Asian Betting And Gaming Enterprise, Africa, Over Name InfringementJul 24, 2017
Asia’s biggest sports betting firm, Asian Betting and Gaming Enterprises, Africa, is being sued for name infringement by a Kenyan company for using the name ‘Dafabet’, despite the same name already registered in Kenya locally by a different firm. The Asian sports betting company has been accused of using the said name to promote the sports betting activity in the country.
California Joins The List Of States To Push Legalisation On Sports BettingJul 23, 2017
Sports betting fever seems to be catching up in California, where the official introduction of sports betting amendment to the law was done by Assembly member Adam Gray. If the federal government allows betting on sports betting, the new bill will regulate the sports betting industry.
Kenyan Sports Betting Firm Moves To Court To Challenge The Betting TaxJul 22, 2017
Kenya’s largest betting company, SportPesa, which has recently expanded its business to the international market by entering the Italian market is in the news again, this time for moving to the court to challenge the 35% tax on revenue which came was signed into law by the President Uhuru Kenyatta last month.
Slovakia Releases The Blacklist Of Banned Online Sports Betting OperatorsJul 21, 2017
A blacklist of banned online sports betting operators has been issued by Slovakia after the country passed an amendment last year that required all the firms to first obtain a licence before offering their services to players in the country.
Resorts Casino Hotel, New Jersey, Becomes The First Casino Outside Of Nevada To Offer Daily Fantasy SportsJul 20, 2017
Resorts Casino Hotel, New Jersey has become the first casino in Atlantic City that lets the patrons play daily fantasy sports contests for money. The casino launched FastPick, a daily fantasy sports game on Monday, in which the customers have to choose from real world athletes for head-to-head player matchups.
Kenyan Sports Betting Operators Expands European Profile, Acquires Major Shareholding In RCS GamingJul 19, 2017
SportPesa, Kenyan sports betting operator, has entered the Italian betting market after acquiring a significant shareholding in RCS Gaming and thus has expanded its European profile.
UK Gaming Commission Gives Warning Against Fantasy Sports Contests Ahead Of English Premier LeagueJul 18, 2017
The UK Gambling Commission (UKGC) has given out a strong warning against illegal fantasy sports leagues with entry fees. UKGC stated in the notice that anyone running a fantasy contest business could be going against the law.
India In Talks To Legalise Online Sports BettingJul 17, 2017
Indian Sports Ministry has brought up the issue of legalization and regulation of online sports betting. As per sources, different government administrations have been approached with the proposal, and informal consultations have been held.
Supreme Court’s Sports Betting Ruling May Affect Nevada Gambling Industry MajorlyJul 16, 2017
With the supreme court of the United States announcement of reviewing the sports betting case of New Jersey and the American Gaming Association’s persuasion to repeal the law that forbids state authorized sports betting, which may bring about with it some significant changes.
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