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NEWS OF THE DAY

China has made it very clear that they want to put an end to their citizens gambling online with overseas operations, and now they’re starting to show the dog can bite. As first reported by Inside Asian Gaming, a new draft of China’s criminal law provides for a 5 to 10 year prison sentence for anyone organizing or soliciting gambling online.

THE INDUSTRY EYE

Ed Pownall tries to understand Italian sponsorship regulation (doesn’t), agrees with Bojoko Chief, thinks Draft Kings have struck gold and looks at the UK lockdown, gambling figures.

FROM OUR FRIENDS AT COINGEEK

The third episode of BSV Stories — Zug — will make its YouTube premiere on October 26. In this latest episode, CoinGeek’s Natalie Mason explores Switzerland’s Crypto Valley, the home of many digital currency and blockchain focused businesses.

DAILY ROUNDUP

PRESS RELEASE

DraftKings Inc. and Peermont Hotels, Gaming and Resorts, a leading South African gaming and hospitality group, has announced the successful recent launch of PalaceBet (PalaceBet.co.za), a mobile and online sportsbook powered by DraftKings’ cutting-edge B2B sports betting technology.

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