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Gambling Law & Society News (1285 articles)

BetConstruct Partners with Colossus Bets to Offer Sports Jackpots

BetConstruct announces it will offer the largest sports jackpots after a recent agreement with Colossus Bets. The deal includes the £10,000,000 Colossus and the largest sports jackpot in the world, plus partial cash out technology now available to BetConstruct’s 100 global partners. Vahe Baloulain CEO of BetConstruct said, “Colossus Bets’ mega jackpots wit...

Gambling Law & Society News

BetMayor Sportsbook Bought by Media-Tech - Update

It’s been weeks since a BetMayor player has been owed $51,000 and he may be paid but for at least another 60 days. The company refused to pay out the winnings accusing the punter of being a "professional player". The player data was to be transferred to another sportsbook, Globalbet, and wait an additional 60 days for the completion of a corporate takeover...

Gambling Law & Society News

Paddy Power Taking Bets on MP’s

Elections were on everyone’s mind in the UK on Thursday and Paddy Power took the opportunity to put one of its publicity stunts into action by parking a big green truck, which read “You’re getting sacked in the morning”, in front of the Houses of Parliament in London. The truck was meant to advertise the odds on which MPs would be voted out. Paddy Power’s n...

Gambling Law & Society News

Kentucky State Senate Votes Fantasy Sports is a Skill Game

The Kentucky state Senate voted 37 to 1 in support fantasy sports as a game of skill and the issue has is now in the state House. If passed by the House and signed by Republican Gov. Sam Brownback, fantasy sports will become legal in the state. Republican Rep. Brett Hildabrand introduced the bill and included language to ensure that Kentucky residents are n...

Gambling Law & Society News

Bartice King Convicted in Legends Online Sports Betting Case

The 2013 bust of the Legends online sports betting ring in the US has finally come to a close in an Oklahoma City federal court when a jury found 44-year-old Bartice King guilty of illegal gambling charges and conspiracy to commit money laundering. The case was heard in court over the course of two weeks where prosecutors showed evidence that the Legends oper...

Gambling Law & Society News

Global Gaming Network Sells Sports Brands

Global Gaming Network Inc.’s Amped Fantasy Sports and Sports and Alert.com brands have been sold to Lux Digital Pictures Partners who then transferred the assets to StreamTrack Inc. StreamTrack will take on the marketing for ampedfantasysports.com, ampedfantasy.com and ampedfantasy.net effective immediately. StreamTrack chief executive officer, Michael Hill...

Gambling Law & Society News

BetMayor Sportsbook Bought by Media-Tech

Players have complained about delayed payouts from the BetMayor online sports betting operation and its decision to deny a players $51,000 in winnings for "professional Blackjack play" but the company has been bought by a Panama venture capital fund, Media-Tech. BetMayor sent its players an email on Monday notifying them of the sale and reassuring them that th...

Gambling Law & Society News

Resignation of German Sports Betting Advisory Council

The unsuccessful licensing process in Germany has once again become a focal point as the German Sports Advisory Council ends its cooperation with the State of Hessen Ministry of the Interior and Sports. Deutsche Sportwettenverband (DSWV) revealed the resignation of a senior representative of the Sports Advisory Council (SAC) as he does not support the Betting...

Gambling Law & Society News

OPAP Offered Sole Licensing for Horse Race Betting

HRADF, Greek government privatization agency, has offered former government gambling monopoly, OPAP, a contract to acquire sole licensing for horse racing betting. According to the Reuters news agency, this arrangement comes after HRADF announced plans to sell exclusive betting rights to OPAP. Before privatization, OPAP operated horse racing betting in Gre...

Gambling Law & Society News

666Bet Customers Still Waiting on Repayments

Deceived customers of 666Bet are still hoping to get their personal funds back after the UK Gambling Commission (UKGC) suspended the operator’s license on an interim basis in order to review its status. 666Bet claims this is the reason for it not being able to return funds to its customers. The company’s director Paul Bell was arrested last month in relation t...

Gambling Law & Society News

Paddy Power Removes Offensive Tweet

Paddy Power has earned a reputation for extreme marketing but this week the company may have pushed the envelope a bit too far on Twitter, which was subsequently removed. Prior to the Newcastle vs. Liverpool football match, Paddy Power made reference to the American controversy surrounding the recording of African-American police beatings in the following twee...

Gambling Law & Society News

666Bet Players Start a Petition to Get Paid

Following the suspension of its gaming license by the UK Gambling Commission, it seems that Metro Play’s 666Bet is experiencing delays in paying out hundreds of players. Disappointed players have taken to online forums leading to the issuance of the following statement from the company: “We apologize for the continued delay in returning customer funds. We a...

Gambling Law & Society News Sportsbook Banking

MLB Prohibits Players from Taking Part in Real Money DFS Activity

The US Major League Baseball authorities support daily fantasy sports; however they took a stance announcing that its players are restricted from taking part real money DFS activities. Despite the restriction, players may secure endorsement or promotional deals in the industry. Playing for prizes could trigger the anti-gambling Rule 21 according to MLB Commis...

Gambling Law & Society News

Kansas City Man Guilty of Running Illegal Sports Betting Operation

This week Kansas City resident, 49-year-old Hoang Pham, pled guilty to charges of illegal online sports betting and money laundering in front of US District Judge Fernando Gaitan. Pham admittedly managed the operation from 2008, possibly earlier, until it was busted by the feds in 2012. According to prosecutors, Pham ran the business using websites based in...

Gambling Law & Society News

Attempts to Legalize Sports Betting in Indiana Hindered

According to media reports, those hoping that Indiana Representative Alan Morrison would successfully push two bills regarding the legalization of sports betting and the right for state gaming establishments to take wagers on fantasy sports, will be disappointed as the bills failed at the committee stage. Earlier this year, the two bills were introduced to the...

Gambling Law & Society News

Betfair Opens a New Software Development Center in Romania

Betfair, one of the largest online gaming operators in the UK market, has announced the opening of its largest technical center in Cluj, Romania. The establishment in Cluj employs 330 experts and is central to the group's strategy to concentrate on in-house product and operational development rather than rely on third party supplier agreements as Paul Cutter, Bet...

Gambling Law & Society News

Cyprus Betting Companies Association Formed to Fight OPAP

Cyprus betting companies are tired of the advantages that Greek-Czech gambling monopoly OPAP has and have come together to form an association to overthrow the monopoly. Members of the Cyprus Betting Companies Association include Bet on Alfa, Fair Champions Meridien, Cy Betand Megabet Plus, reports the Cyprus Mail. “We demand an end to the monopoly and pref...

Gambling Law & Society News

666Bet Director Involved in £21M Fraud and Money Laundering Case

The suspension of MetroPlay-666Bet's license is now being followed up by the questioning of director of companies Paul Bell for his involvement in an alleged £21 million fraud and money laundering case. Bell is a director of 666Bet and was reportedly arrested at Heathrow airport last week as part of an investigation involving both HM Revenue & Customs and Nati...

Gambling Law & Society News

The End of Virtual Horse Racing Machines in Idaho

Idaho’s virtual horse racing machines are about to be pulled throughout the state after the House supported the Senate vote to reverse legislation passed in 2013. The bill is now in the hands of state governor, Republican Gov. C.L. Otter and legislators are confident it will be approved. "We thought we were supporting a game of skill. It turns out, that i...

Gambling Law & Society News

Female Illegal Gaming Operator Indicted in Korea

An illegal online gambling operator has been indicted in the South East Korean industrial city of Ulsan for allegedly providing gaming services on 79 tablet devices installed with gambling apps. The operator, a woman known as “Yoo”, registered an internet cafe but was found to be selling game points to customers who used the tablets to make wagers. “App r...

Gambling Law & Society News

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