Local news agencies began reporting that Turkey is introducing new controls over money transfers and ATM withdrawals as part of a government effort to combat financial fraud and illegal gambling.
eSports betting platform provider UltraPlay is planning to launch a new cryptocurrency called eGold on the Ethereum blockchain. To this end, UltraPlay has announced an initial coin offering (ICO). Sales will go live beginning 18 December 2017 and will run until 28 February 2018 or until a hard cap of 25,000 ETH is reached, whichever…
A Belgian court ruling has just erected the latest barrier for betting sites attempting to operate in an already restrictive market. Last week, the Belgian Constitutional Court ruled that licensing practices that allow operators to offer sports betting and casino games on a single website contradict the Belgian Constitution.
The online gambling landscape in Russia is changing rapidly now that betting sites are able to acquire licenses to serve the Russian market legally. Just last week, local Russian bookmaker RUS-TELETOT launched Tennisi.com to become the latest licensed betting site to go live in Russia.
In four months, online bookmakers licensed in Australia will have to do away with credit betting entirely. Reforms included in the Interactive Gambling Amendment Act regarding credit betting are set to take effect on 17 February 2018. From that point on, betting sites licensed in Australia will no longer be able to offer “deferred settlement…
Hurricane Irma tore through Antigua and Barbuda in September, destroying or damaging 95% of structures on Barbuda and causing an estimated $250 million in damage across both islands. The saga continues more than a month later with recovery efforts underway and local officials scrambling for recovery funds.
News that Switzerland would eventually pass new online gambling laws has been circulating since at least 2013. It took a good four years, but those rumours finally turned into reality after the Swedish legislature approved new gambling laws late last month.
And the most surprising gambling-related news of the day comes from North Korea of all places. International news outlets are reporting that Kim Jong Un has turned a 180 on his traditionally anti-gambling stance and is now allowing North Koreans to bet on local horse races in a desperate bid to raise cash amid increasingly…
In October, Newmarket will play host to the Dubai Future Champions Festival. It is another major highlight of the Flat racing calendar as the best young horses in UK racing compete in an event that casts light on some potential superstars of the future.
The PGA Tour will be launching a new program to more closely monitor sports betting as it relates to professional golf beginning on January 1st, 2018. The new Integrity Program will implement a more comprehensive policy regarding sports betting and will have the PGA Tour partner with sports data firm Genius Sports to monitor regulated…