Sometimes you can only find heaven by slowly backing away from hell.
—Carrie Fisher
2nd February 2018  
The Story

United Kingdom’s national competition watchdog has released the results of its investigation into the “unfair” promotional offers of some online gambling operators, warning that non-compliance with its new rules would result in dire consequences.


3 online gambling operators have vowed to change their ways.

William Hill, Ladbrokes, and Playtech had “formally committed to change the way they offer bonus promotions,” according to the Competition and Markets Authority (CMA). Specifically, the operators vowed that their players will no longer be required to play multiple times before they can withdraw their money; they will not cite vague conditions to get their players’ money; and they will not force players to be part of publicity campaigns. Operators are expected to comply with the CMA’s new code of conduct by February 28.


The dying of the light: Timex for a change

Canadian poker player Mike ‘Timex’ McDonald reflected on how his life changed a decade after he became the youngest European Poker Tour (EPT) winner ever, saying that he has built a super high bank rolling group, dabbled into cryptocurrency, and got involved in other businesses beyond poker.


Will cybercriminals get caught or will Bitcoin whales be harpooned?

Bitfury’s Crystal software, which can be used to trace "suspicious transactions" anonymously, could be detrimental to the cryptocurrency industry as it could weaken the privacy and anonymity features of Bitcoin.

Macau extends casino GGR winning streak in January 2018

Macau casinos exceeded analysts’ expectation after its gross gaming revenue (GGR) went up to MOP26.26 billion (US$3.26 billion), a 36.4% jump from its January 2017 GGR of MOP19.3 billion ($2.4 billion).

Italy’s ‘betting king’ arrested in Malta-linked online betting bust

Italian police have arrested ‘betting king’ Benedetto Bacchi along with 23 individuals in an anti-mafia operation. Bacchi reportedly controlled 700 shops that generated illegal gambling profits of over €1m per month.

Politico: MGM cock-blocking Connecticut’s third tribal casino

Mohegan Gaming and Entertainment chairman Kevin Brown said that they will commence the construction of its East Windsor casino with the Mashantucket Pequot Tribe despite delaying tactics made by rival MGM.


Payment Threshold—In affiliate marketing, this refers to the amount of commissions an affiliate has to get before being paid. Merchants either set a minimum payment threshold themselves to save accounting costs, or places the decision to the affiliates.


Magnet Gaming hunts for further growth with iforium deal

The deal between the two companies will give iforium full access to the specialist provider’s full suite of titles, which include classic titles like Fish Tank and Gold Rush and new releases like Treasure Coast and Haunted House.


Cheers to Daniel Eskola for being picked as the new Chief Executive Officer of Relax Gaming! Eskola is the current Chief Product Officer of Kindred Group, and has more than 13 years of B2B and B2C experience across casino, sports betting, poker, and bingo.

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