UK Gambling Commission Fines 888 £9.4 Million

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Lax in social responsibility measures The United Kingdom Gambling Commission (UKGC) has fined 888 UK Limited £9.4 million for social responsibility and anti-money laundering failings. The company operates 78 online gambling sites, including 888.com and 888poker. “Today’s fine is one of our largest to date, and all should be clear that if there is a… Read more »

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Super Bowl LVI a Boon for Nevada Sportsbooks

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Record-breaking weekend The Super Bowl is now in the rear view mirror, with anyone who isn’t specifically a Los Angeles Rams or Cincinnati Bengals fan probably only remembering the halftime show for either being pretty cool or, in a bizarro universe, scandalous. Not that it wasn’t a good game – L.A.’s last-minute go-ahead touchdown and… Read more »

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Online Sports Betting Launches in New York

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There were some happy sports betting operators this past weekend, as New York online sports betting finally launched. One of the most coveted markets in the country, New York is the fourth-most populous state with an estimate 19.5 million residents, plus loads who commute to the state for work every day. It ranks behind only… Read more »

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DraftKings Facing Legal Issues on Multiple Fronts

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Possible trouble with the purchase of GNOG DraftKings is just finding itself in all sorts of legal messes lately. A law firm has announced an investigation into the sports betting company’s acquisition of Golden Nugget Online Gaming (GNOG) for potential violations of securities law and a British bookmaker has sued DraftKings for patent infringement. Let’s… Read more »

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Sportsbooks Made a Killing on NFL Games in November

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Does everyone really love an underdog? The betting gods giveth and the betting gods taketh away. After an ultra successful October, NFL sports bettors got destroyed in November, leading to what Superbook executive director John Murray told ESPN was “one of our best hold months in Nevada on record.” Jeff Stoneback, who heads BetMGM’s Nevada… Read more »

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