West Virginia is joining the fraternity of states that have decided to give a legal status of their betting & gaming opportunities. Naturally, there has been much opposition, but also a fair bit of endorsement, sufficient apparently, to finalize matters in a way that’s agreeable to everyone. West Virginia Goes Legal The legalized sports betting […]
Casino Stocks after Sports Betting Adoption
Sports betting has caused quite the splash. Every state out there, or at least most states, are gearing up to introduce the activity in one form or another. The most common venues to request a license, though, are not committed bookmakers – it’s casinos. However, is it worth placing a bet on casino stocks? We […]
Sports Betting in New Jersey is on the Up
Sports betting has been definitely enjoying the legalized fruits of its labors. And who wouldn’t? After the defeat of PASPA, a significant number of states saw a soaring interest in the industry as a whole. Let’s take, for example, the July proceedings generated through the activity. July Brings Mixed Results July was strong for the […]
5 Star Movement Bans Gambling Ads in Italy
While the whole of Europe has been letting up the hard stance on gambling, even in countries not part of the European Union, mind, Italy has taken a reverse course. Gambling ads are now under fire and that affects every possible medium out there. In other words, you will no longer be able to see […]
Parrikar Says No to Local Gambling, Brings Bill in Assembly
If you are a resident of the Indian State of Goa, things are about to get very difficult for you if you love gambling and frequenting casinos. According to Chief Minister Manohar Parrikar, these goodies will no longer be accessible to the locals. The announcement came on Friday, much to the general surprise of the […]
MGM and GVC Holdings Manage Joint-Venture Deal
The owner of Ladbrokes and Coral have decided to push ahead with a $200-million deal, allowing the operator to seek a possible partnership with a US casino operator and quickly shift the tide of the burgeoning sports betting legislation in the country. If successful, the partnership should reap rewards beyond anyone’s wildest dreams. GVC and […]
Switzerland Reforms Gambling
Switzerland has decided to move away from it stringent regulatory system which has long stifled innovation in the gambling sector and re-introduce laws that are well-adjusted for present day times. The proposed changes will now affect the land-based venues as well as their digital counterparts found online. Switzerland’s Rigid Past on Gambling Switzerland has certainly […]
China Cracks Down on $1.5 Bitcoin Gambling
The Chinese police have successfully cracked down on an illegal gambling den that has been operating on the territory of the country. The culprits used Bitcoin to carry out their transactions. In the sting operation launched by Chinese security authorities, over 540 individuals, including the six organizers have been arrested. The complete number of seized […]
Marja Appleman Steps Down from KSA
The Netherlands top person on all things gambling has decided to step down from her position at the helm of the country’s burgeoning and revitalizing gambling industry. Marja Appleman, head of Kansspelautoriteit (KSA), or the regulatory authority that oversees gambling in the country, has decided to resign. The news was announced by KSA themselves. Appleman […]
Mexico to Overhaul Online Gambling Industry
Mexico is pushing ahead with legal changes in its gambling laws and it will focus on the online segment, equating it with the rest of the nations’ gambling activities. Mexico is no stranger to gambling. The county’s economic outlook is not exactly promising, but quite a few people have the disposable income to spend on […]