Posts From: April 2018

New Jersey’s sports betting legal bills top $7 Million

The state of New Jersey has racked up more than $7 million in legal bills fighting to legalize sports gambling, a bet that could pay off if the U.S. Supreme...

Business News
Sweden proposes licensed gambling, largely scrapping monopoly

Sweden’s government proposed on Thursday that the state gambling monopoly largely be replaced by a licensing system as it looks to rein in overseas-based online gambling that has surged in recent years....

Business News
Neds International releases cryptocurrency Nedscoin

Neds International is leading the way with a modern capital-raising initiative; the upcoming ICO of cryptocurrency nedscoin. nedscoin is an Ethereum ERC20 token solution developed for use within the Neds International sportsbook ecosystem. The major difference between nedscoin and several other,...

Business News
Eventus International announces new dates for Montenegro Gaming Show 2018

Eventus International will go even bigger with the first-ever Montenegro Gaming Show, and decided to reschedule the Summit to the 11th & 12th of September 2018 in order to host the event...

Event News
Pennsylvania online gambling license holders will be permitted to have more “SKINS” in the game

The Pennsylvania Gaming Control Board (PGCB) announced today that it has approved several new online gambling regulations, including how many independent brands (commonly referred to as skins) can operate under each key online gambling...

Business News
Wazdan powers into Asia with Solid Gaming ahead of Macao show

Wazdan, the major casino games producer with products covering slots, table games and video poker has powered into the Asian market following a landmark partnership agreement with Asian-specialist Solid Gaming marking another...

Business News
Gambling revenue reaches $1.8b in Bulgaria

Bulgaria becomes the paradise for the gaming industry, as for the the last 10 years the revenues from gambling rose significantly. In 2017, it reached 3 billion BGN (1.88 billion...

Business News
National Lottery funding falls despite ‘excess’ Camelot profits

Lottery operator Camelot has enjoyed a massive increase in its profits – while the amount of money donated to good causes had fallen dramatically. And it’s partly because of an...

Lotto
Sports Data Company RotoQL Announces Additional Funding and New Product BetQL for Legal Sports Betting

Mobile-first direct-to-consumer sports data and analytics company RotoQL announced today a $3M seed round (bringing total funds raised to $4.7M). The most recent round was led by an early FanDuel investor,...

Sports Betting
Pennsylvania set to launch iLottery

The PA Department of Revenue (DOR) released a set of temporary regulations for online lottery games (iLotto) this week, laying the groundwork for a vertical that could become a big moneymaker for the state....

Lotto