Latest Sports News
Turkish Government Gets Strict With Illegal GamblingJul 5, 2017
In a bid to curb illegal gambling Turkish government is planning to launch a two-year plan, where different government agencies would contribute to tackle matter regarding unauthorized provision of gambling services of all kinds.
Supreme Court’s Sports Betting Case Draws West Virginia Law Maker’s AttentionJul 4, 2017
Democratic Delegate Shawn Fluharty, wants the West Virginia to introduce sports betting if the nationwide ban is lifted, following the U.S. Supreme Court Case.
GBI Racing Demands 200 Million Shekels Compensation In Israel For Breach Of ContractJul 3, 2017
A British company, GBI Racing is demanding compensation worth 200 million shekels ($57 million) after the government banned the betting. The company operated as a government-franchise that allowed Israelis to bet on overseas horse racing. The company firmly asked for significant compensation for ending its contract early during a hearing chaired by the director general, Shai Babad, at a hearing at the Finance Ministry. The treasury officials are prepared, to negotiate terms and talks, which is expected to be underway in the next few weeks. In an attempt to crack down on betting, the legislative body of Israel, Knesset approved legislation that banned betting on horses. Eventually, prohibiting the ones run by the Council for Organised Sports Betting. All this has caused the issue as the contract between the company and government council end towards the August 2018. Horse race betting became legal in 2012 in Israel but was categorized not different from the slot machines and other gambling and asked to ban it again. GBI challenging the notion said Israeli bettors have evolved with the increasing knowledge in gambling with average bet ranging from 35-45 shekels.
Daily Fantasy Sports Bill By New Jersey State LegislatureJul 3, 2017
A bill was passed on Friday by the state legislature, authorising the licensing provision of the Daily fantasy sports to be regulated in New Jersey. Gov. Chris Christie’s final approval on the bill is all that is needed for the bill.
A Gap in Treasury and DCMS Invites Delay in Betting Terminal ReviewJul 1, 2017
Owing to complication created between the Treasury and the government departments associated with the gambling industry, the long-awaited review of fixed-odds betting terminals gets postponed until autumn.
Portugal’s National Association of Online Gamblers To File Petition Seeking Tax Rates RevisionJun 30, 2017
In a bid to get the tax rates lowered on online gambling Portugal’s National Association of Online Gamblers (ANAon) has decided to file a petition with the parliament.
PokerStars Launches Microgaming’s Games Following Successful Quickfire IntegrationJun 29, 2017
PokerStars has successfully integrated Quickfire platform from gaming software developer Microgaming Software Systems Limited, which allowed the site to offer players a wide range of new games that include Mega Moolah and Immortal Romance video slots.
Macau Slot Co Ltd Sees !5% Loss In Profit, Despite Overall Rise In RevenueJun 29, 2017
Macau Slot Co Ltd, a Macau sports betting concessionaire, said in a summary it reportedly had a net profit of MOP117.9 million (US$14.7million) for the entire year 2016, which was 14.8% less than its figure the previous year.
Malta Fails To Provide Legal Aid To Italy To Prosecute Online Gambling Site Linked To MafiaJun 28, 2017
In a quest to investigate the CebturionBet Ltd. which operates online gambling Bet1128 casino brand, Italian prosecutor Nicola Gratteri asked formally from Malta to provide for legal assistance.
Seventh Online Gambling Licence Given Out By Portuguese Gambling RegulatorJun 28, 2017
The seventh licence for the provision of online gaming services was given out by the Portuguese gambling regulator, SRIJ (Serviço de Regulação e Inspeção de Jogos) on Monday to a Portuguese betting and casino company, Sociedade Figueira Praia.
The U.S. Supreme Court Agrees To Hear New Jersey’s Sports Betting CaseJun 28, 2017
In what looks like a victory in a war that has been going on for the past 5 years in the state of New Jersey with the major American sports leagues, the U.S. Supreme Court has announced to hear the state’s appeal to offer legalised sports betting.
FA Ends 4 Year Deal With Ladbrokes In Just 12 MonthsJun 24, 2017
Just after 12 months into a four-year deal, the Football Association has called off the deal with Ladbrokes and will have no sponsorships with betting companies.
Delaware On A Move To Legalise Fantasy Sports BettingJun 23, 2017
Delaware is currently counting on a bill by Rep. Charles Potter, D-Wilmington, which moved through the House Gaming and Parimutuels Committee on Wednesday. If the bill turns into a law, would legalise and regulate the fantasy sports betting industry in Delaware.
K8.com Signed To Be The Official Betting Partner For Manchester City In AsiaJun 22, 2017
Kai-Fa Yule's K8.com; a Philippines-based on-line gaming company has been signed by the Premier League Manchester City as their official betting partner in Asia.
Instant Race Betting Facility At Poplar Level Road To Be Developed By Churchill Downs Inc.Jun 21, 2017
In a bid to develop an 85,000 square foot accommodation for a new form of gambling for the historic racetrack, Churchill Downs Inc. plans to invest $60 million. A form or type of betting where people use electronic gaming machines to bet on races that have already taken place is called historical or instant racing.
DraftKings and FanDuel Merger Being Blocked By The Federal And State OfficialsJun 20, 2017
Boston-based DraftKings being the largest and Scotland-based FanDuel being the second largest daily fantasy Sports Company based on their revenues were merging.
Russian Sports Betting Market All Positive About GrowthJun 19, 2017
With the high-profile sporting events based in Russia, like 2018 soccer World Cup and International Operators likely to partner with the domestic company, Russia’s licensed sports betting market is all set to more than double over the coming five years, as per Bookmaker Ratings.
Mayweather vs. McGregor Fight, A Huge Loss Of Sports Betting OpportunityJun 19, 2017
U.S is waiting for the biggest upcoming super-fight between boxer Floyd Mayweather Jr. and UFC fighter Conor McGregor on August 26 in Las Vegas, which would invite a huge betting action.
Stern Measures on Gambling Ads Likely To Be Introduced In RomaniaJun 17, 2017
Romania is preparing to take stern measure on gambling advertising, following the opening of its gaming and sports betting market to regulated international operations.
Sports Betting and Integrity Policy Introduced by Badminton EnglandJun 16, 2017
With Badminton World Federation launching Sports betting and Integrity policy and because of a number of high-profile cases of betting and gaming issues within sport, Badminton England showed super fast response and gave out its intentions to do anything to protect the players and member from the threats that unethical activity in and around the game can bring and safeguard the integrity of the Sport in England.
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