The highest reward for a person's toil is not what they get for it, but what they become by it. —John Ruskin |
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12th April 2018 | SHARE THIS | ||||
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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.” |
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Playtech makes good on its promise to invest in fast-growing regulated markets. |
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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.” |
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Luckbox's Redeye wants to provide greater education around esports gambling |
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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 |
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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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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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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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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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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. |
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Doc's Sports Service adds ESPN contributor Scott Spreitzer |
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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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