The highest reward for a person's toil is not what they get for it,
but what they become by it.
—John Ruskin
12th April 2018  
 
  INVITE FRIENDS!
 
 
 
The Story

Online gambling technology provider Playtech has agreed to buy a 70.6% stake in Italian gambling firm Snaitech, a move that the UK company expects will enhance its “revenue mix towards regulated markets.”

 

Playtech makes good on its promise to invest in fast-growing regulated markets.

The “initial acquisition” of Snaitech carries a price tag of €846m ($1.05b), and if it pushes through, it would mean that Playtech will be seeing 78% of its revenue from regulated markets. The Snaitech acquisition will allow Playtech to establish “strong presence in Italy, Europe's largest and growing gaming market, a fragmented market which is relatively underdeveloped online.”

 
 
 
 
 
 
 
 
 

Luckbox's Redeye wants to provide greater education around esports gambling

Luckbox ambassador Paul 'Redeye' Chaloner's goal is to help provide greater education around gambling in esports, prompting Lee Davy to look at the guts of the organization Redeye joined.

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Calvin Ayre: Bitcoin Cash is a movement

A huge supporter of Bitcoin Cash, Antiguan entrepreneur Calvin Ayre has been putting his time, effort and financial resources into projects that expand Bitcoin's reach and acceptance, which begs the question: why?

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  ASIA
Lawmakers probe casino construction, closure of Boracay Island

Philippine President Rodrigo Duterte's decision to close the Philippine island oasis of Boracay has opened a box of problems for Macau-based casino operator Galaxy Entertainment Group.

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Philippines finalizing casino loan shark bill as gambler rescued

A Chinese gambler has been rescued by Philippine police after he was kidnapped by loan sharks to whom he owed a major debt.

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  EUROPE
Kindred urges Sweden to privatize Svenska Spel's online arm

The online gambling operator wants Sweden's government to break up state-owned operator Svenska Spel, ensuring a level playing field under the new online gambling regime.

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Russia's simplified online betting signups proving to be not so simple

Online sports betting operators in Russia will likely have to wait until after the World Cup to enjoy a simplified customer registration process.

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  NORTH AMERICA
US State Department lectures world on gaming industry AML

The U.S. Department of State is back again with its annual list of everything that other nations are doing wrong in the fight against money laundering.

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Copycat lawsuits target social gaming operators in Washington

A flurry of copycat lawsuits have been filed to capitalize on the recent court ruling in Washington state that declared the social casino games of Big Fish Games to be a form of illegal gambling.

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  FACT YOU NEED TO KNOW
 

Alabama was ranked as the least gambling addicted state in 2017, according to a report made by personal finance website WalletHub. Analysts said that the state is neither gambling-friendly nor do its residents need intervention to treat gambling addiction.

 
 
 
 
 
 
 

Doc's Sports Service adds ESPN contributor Scott Spreitzer

Scott Spreitzer has joined the handicapping team of Doc's Sports Services. Spreitzer has been a go-to betting expert for ABC and CNBC TV, appearing on “Power Lunch” to discuss the potential fiscal benefits of the legalization of sports betting.

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Congratulations to Sam Greenwood! The poker pro picked up another $1.2m at the LIVE MILLIONS Grand Final in Barcelona. While participating in the Super High Roller tournament, not only did Greenwood win, but he came back from having a chip stack equal to only one big blind to pull off the feat.
 
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