New York’s top gaming lawmakers are teaming up for a proposal that would greatly overhaul how mobile sports betting operates in the state. Not only do they want to expand the number of operators, but they also want to reduce taxes, allow write-offs, and include more minority representation in the industry.
DraftKings (NASDAQ:DKNG) is moving further into the cryptocurrency space, announcing today it will stake digital assets to support the Polygon blockchain network. But shares of the gaming company are sliding due to an analyst downgrade.
Mansion Group is exiting the sports betting scene. The gaming operator announced its departure, but added that it will continue its iGaming operations.
On Monday, the NFL announced Atlanta Falcons wide receiver Calvin Ridley is suspended for at least the 2022 season for placing wagers on league games, including at least one involving his team. In the aftermath of that news, it appears both a data provider and a gaming company played parts in assisting the NFL in its investigation.
Emmanuel Macron is running away with the French presidential election. The incumbent leader already had a good head start. But Smarkets data shows that he is extending his odds.
888 Fined £9.4M in UK for AML Failings, License Revocation Threat
Posted on: March 1, 2022, 06:05h. Last updated on: March 1, 2022, 01:02h.
Philip Conneller
Philip Conneller
@casinoorgphilc
Expertise: Crime, Gaming Business, Regulation.
It could be a case of three strikes and you’re out for online gambling behemoth 888.com. On Tuesday, the UK gambling regulator (UKGC) announced it had fined the operator £9.4 million (US$12.6 million) for social responsibility and anti-money laundering (AML) failings.
The Netherlands’ iGaming market could soon add additional players. The two-year “black-out” period included in gambling law updates in 2022 is coming to an end.
A DraftKings poster hangs in New York, above. The company delivered an impressive long-term outlook, but its stock slumped. (Image: New York Times)
A WynnBet advertisement featuring Shaq promoting a risk-free sign-up incentive. Wynn Resorts is scaling back its marketing budgets for its interactive gaming unit. (Image: WynnBet)
Charlie “Atong” Ang is the owner of e-sabong operator Lucky 8 Star Quest. All of the missing men visited one of the company’s cockpits prior to their disappearance, according to Philippine media. (Image: Business News Philippines)