Romanian Gambling Industry in Good Shape
When you think of gambling hot spots around the globe, Romania is unlikely to spring first to mind, but in actual fact, there is a vibrant gambling industry thriving in the Eastern European nation. Recent reports from the Romanian government show that online and brick and mortar gambling operators are serving as a valuable source […]
Virginia, the USA’s First Regulated DFS Market
Daily fantasy sports betting sites had a dark year in 2015, following a major scandal that broke regarding what amounted to basically insider trading. After state District Attorneys and legislatures all began to investigate their operations, daily fantasy sports betting operators like FanDuel and DraftKings seemed to be fighting for their very right to exist. […]
The Prevalence of Gambling in the UK
Gambling has a long history in the UK, but it wasn’t until the 1960s that an appropriate regulatory framework was adopted to extend beyond racecourses, dog tracks, and small private members clubs. In 1961, betting shops were subsequently legalized in the country, and today UK residents can walk into a bookies and bet on every […]
Indian Tribal Casinos Post Record Revenues of $28.3BN in 2014
In the year 2000, the newly formed California Nations Indian Gaming Association (CNIGA) managed to get two important pieces of legislation passed and signed into law by Governor Gray Davis; Proposition 5 and Proposition 1A. These two laws made it possible for the 63 Indian tribes in California to open large luxury casinos on their […]
Revel Casino Set to Reopen in Atlantic City by Mid-June
Revel is the most expensive casino in the history of Atlantic City, with the property having cost $2.4 billion to build. After opening with plenty of press coverage and media attention in 2012, though, the buzz was not sufficient to make Revel a success, and so the casino shuttered its doors in the autumn of […]
NJ and Delaware iGaming Revenues Surge in February
The USA’s regulated online gambling markets reported hugely impressive results to start off the year, with New Jersey hitting record revenues of $14.6 million in January, and Delaware its second best month to date of $190,829. Both figures were 26% and 36% higher respectively than the same month in 2015. Furthermore, the two states have […]
Paddy Power Slammed By UKGC As Revenues Top €1.1BN
Gambling machines can legally be offered in licensed UK venues, as long as bookmakers follow the rules enforced by the UK Gambling Commission (UKGC). A recent report, however, revealed that one operator, Paddy Power, grossly failed to comply with the law, for which they were ordered to pay £280,000 towards a socially responsible cause. Nevertheless, […]
