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Bodog Poker Withdrawn From Over 20 Different Countries

Posted On: Aug 8, 2023
Posted In: Latest Gambling & Casino News

One of the biggest online poker websites, Bodog Poker, has sent out a mass email to its customers in 20 different countries all asking them to withdraw all of their funds from their accounts. In the first few emails, details were very short. However, the follow-up emails stated that they had processing issues in those ...

Settlement Between Online Poker Sites & U.S. Authorities

Posted On: Aug 1, 2023
Posted In: Latest Gambling & Casino News

Tuesday of this week, the American Department of Justice settled with the online poker sites, PokerStars & Full Tilt Poker, for a $731 million agreement to resolve the bank frauds and money laundering accusations. This also resolved all accusations against Full Tilt’s Ponzi scheme. They were believed to have used player’s funds worth up to ...

UK Government Consulting The Online Gaming Industry To Settle A Tax Rate

Posted On: Jul 25, 2023
Posted In: Latest Gambling & Casino News

Almost every gambling law in the UK has been labeled as being outdated and inadequate to deal with the many changes the industry has encountered over the years. For this reason, the Department of Culture, Media, and Sport in alliance with the Treasury want to impose a higher tax rate on remote gaming. They are ...

888 Online Casino Declaring Highest Performance Ever

Posted On: Jul 13, 2023
Posted In: Latest Gambling & Casino News

The world known online gambling operator, 888 Holdings, has earlier issued their trading update for the first half of the year 2023. It is stated that they expect, if everything keeps on going the same way, the full-year income to be way more bigger than all expectations. 888, which is based in Gibraltar, has announced ...

Cyprus Officially Banning Online Gambling

Posted On: Jul 12, 2023
Posted In: Latest Gambling & Casino News

The House of Representatives of Cyprus officially passed the legislation that prohibits any online casino games and exchange betting within its boundaries. This indirectly bans any online casino and online gambling to take place in Cyprus, what can online casinos possibly be without the games. The only type of betting that is regulated is sports ...

Ray Bitar Freed On $2.5 Million Bail

Posted On: Jul 10, 2023
Posted In: Latest Gambling & Casino News

After giving himself in to the American authorities of New York last week, Ray Bitar, the CEO of the world known online poker website, Full Tilt Poker, has been released after paying a $2.5 million bail. This is a bail price that he is not going to forget anytime soon. Charge Held Against Him Ray ...

Licensees Of Playtech Opening Business In Spain

Posted On: Jul 10, 2023
Posted In: Latest Gambling & Casino News

For the past few months, Playtech has been all around the top headlines. From recently announcing their move to the London Stock Exchange to extending their doors to the unregulated Asian markets, they are simply everywhere. Once more, they have made it to the top headline of this week’s online gambling news by announcing that ...

Landmark Deal Signed By Betfair For United-Kingdom Horseracing

Posted On: Jul 5, 2023
Posted In: Latest Gambling & Casino News

Sports betting world known organization and online casino operators, Betfair, has recently signed a landmark deal with the British Horseracing authority. They will see a minimum of $65 million that will be invested in the sport along the next 5 upcoming years. The Agreement The agreement between Betfair and the British Horseracing Authority as well ...