Clients of shuttered Nevada-licensed entity betting operator Bettor Investments were left scratching their heads on how they will get their money back.

Bettor Investments, with its “mathematical probability calculations and statistical analysis,” made an average of 93 bets per month, none of which exceeded 2% of the fund’s total capital. However, it closed down in November 2016 due to the “sketchy technology” and illegal gambling connections of its partner CGT Technology.

Instead of returning funds to clients, the Bettor Investments management issued promissory notes. Yet, when the notes fell last year, the company left their clients in the cold and failed to respond to their emails. The Nevada secretary of state and attorney general received complaints from Bettor Investments clients and started an investigation on the matter.

In this interview with CalvinAyre.com’s Becky Liggero, the Rize Digital executive explained that gambling operators must brace themselves as regulations start to emerge in the cryptocurrency space. 

CoinGeek.com’s mining hash has thumbed down the proposal of Bitcoin Unlimited’s Andrew Stone for OP_GROUP, saying that a May 2018 implementation sans tests and sufficient documentation, is too soon. 

The international credit watcher Fitch Ratings raised its outlook on Macau’s gross gaming revenue (GGR) for 2018 due to a higher gaming and hotel room inventory from its Cotai casino resorts.

The UK bookmaker incurred a pre-tax loss of £74.6m versus a £181.3m profit in 2016, no thanks to its struggling Australian operation.

The company has warned the state governments in South Australia and Western Australia that imposing a 15% tax on all online wagers will force them to make a drastic move that will make punters unhappy.

Athens’ former Hellinikon airport will be transformed into an integrated resort complete with a casino, high-rise hotels, luxury residences and a marina for high-rollers.

The Gaelic Athletic Association has imposed a ban on sponsorships made by betting companies as more players reportedly sought counselling due to problem gambling.

In 2017, the UK Gambling Commission has issued 791 active licenses to ‘remote gambling’ enterprises, allowing them to operate in the country. Among these licensees, 44% are based in the UK, 15% operate out of Malta and 10% are from Gibraltar.

Hundreds of high-profile speakers and industry leaders will be tackling various subjects on football and betting at Betting on Football at Stamford Bridge on March 20-23.

Congratulations to Poker Central and Andrew Neeme for being the big winners of the 4th Annual American Poker Awards! Neeme was given the Best Video Blogger Award, and won the People’s Choice Award for Poker Personality of the Year.