World's online gaming authority since 1995

GVC Ups Ante Again in Bid for Bwin.party

GVC, bwin.party, 888, Brian Mattingley

GVC Holdings has increased its offer for bwin.party to £1.03 billion ($1.6 billion), around £100 million ($155 million) higher than its previous bid, made just two weeks ago. The ball is now squarely in 888’s court, as analysts fully expect GVC’s rival to come back with an improved offer of its own. Both of the…Read More

Yahoo Introduces Daily Fantasy Sports

Yahoo daily fantasy sports

Web portal giant Yahoo has made the move into daily fantasy sports, embracing a multi-million dollar industry that skirts around the fringes of online gambling without actually being “gambling,” or so the industry insists. It’s a bold step for a mainstream company like Yahoo, but also a natural one; the portal has always been an…Read More

Betsson Acquires Europe-Bet For $50 Million

Magnus Silfverberg, Betsson CEO and President, Europe-bet takover

Swedish online gambling group Betsson has announced it will acquire Georgia-based Europe-Bet for US$50 million. An extra $35 million will be paid in 12 months’ time, provided that gambling regulations in the Caucasian country remain favorable, the company said today. The move will fortify the company’s strategic presence in the region, explained Betsson CEO and…Read More

UK Online Sports Betting Figures Rocket; DraftKings Inks Deal with ESPN

FraftKings, ESPN, UK online sports betting results

The UK’s internet sports betting markets are going through the roof, according to new figures from the UK Gambling Commission (UKGC), and it’s being driven by online betting. Over the past four years,the UK’s gross gaming yield (or handle, to non-accountants) has grown almost 55 percent; from £1.94 billion in 2010 to over £2.99 billion…Read More

Bryan Micon Expected In Court On Thursday

Bryan Micon Seals with Clubs

Bryan Micon is coming back to America to face the music regarding the charge filed against him by Nevada authorities. According to court records, Micon is expected to make a court appearance at a Thursday hearing, and defense lawyer David Chesnoff has said that he expects Micon to be there for the court date. Micon…Read More

Australian Study Says Internet Gambling Isn’t Root Cause of Gambling Problems

Gambling study online gambling problems

Online gambling opponents often portray Internet betting as particularly dangerous, using terms like “click your mouse, lose your house” to suggest that individuals can suddenly run up huge debts after becoming addicted to the games. But a new study out of Australia questions these claims, saying that there might not be anything particularly harmful about…Read More

Gambling on eSports Becoming Mainstream

Tabcorp Unikrn eSports online betting

Competitive video games, or eSports, have seen their popularity grow by leaps and bounds in the last few years. Online streaming sites like Twitch have made the games more accessible to fans, and even ESPN has broadcast a handful of championship matches in games like Dota 2 and Heroes of the Storm. And as with…Read More

FanDuel Signs Partnerships with 15 NFL Teams

NFL FanDuel Partnership with teams

FanDuel and DraftKings seem to be locked into a battle over which daily fantasy sports site can find bigger and better partners for their brand. This week, it was FanDuel making waves, as the larger of the two major daily fantasy brands scored a partnership with approximately half of the franchises in the National Football…Read More

Louisiana Bill Would Legalize Daily Fantasy Sports Games

Louisiana daily fantasy sports law

Daily fantasy sports games are unambiguously legal in most states, thanks in large part to fantasy sports exceptions in bills like the Unlawful Internet Gambling Enforcement Act. However, there are exceptions, as some states have laws that make the legality of such games questionable at best. Over the last year, the daily fantasy industry has…Read More

Major League Baseball Expands Partnership With DraftKings

DraftKings Major League Baseball deal

Major League Baseball season began on Sunday, and fans across the country were happy to start enjoying the nearly daily presence of the sport that will span through the summer and provide action over the next seven months, including the playoffs and World Series. But the last week also marked a major sign of the…Read More

Morgan Stanley Halves US iGaming Market Forecast 

Morgan Stanley, online gaming

Morgan Stanley has halved its estimation of the long-term value of American online gambling market in just six months. The firm said in a report released on Tuesday that it predicted the market would be worth $2.7 billion by 2020, down by almost 50 percent on its September 2014 estimation. The market will be worth…Read More

Deutsche Telekom Enters Sports Betting Market With Tipp3 Takeover

Deutsche Telekom sports betting

Germany’s Deutsche Telekom (DTAG), one of the world’s largest telecommunications companies, is entering the country’s sports betting market following its 64 percent acquisition of Deutsche Sportwetten (DSW) and its subsidiary brand Tipp3. The telecom giant didn’t disclose financial details of the purchase, but did tell news sources that it plans to launch its betting platform…Read More

Bwin.party Shares Bounce Back as Amaya Still in the Mix  

bwin.party, Norbert Teufelberger, Jim Ryan

Bwin.party takeover talks are back on, according to the latest market chatter. The company’s stock plummeted by 20 percent last Friday following rumors that acquisition negotiations had fallen apart, but share prices recovered slightly on Tuesday amid speculation that Amaya Gaming is still in the picture. The recovery was also aided by the collapse of…Read More

Belgian Regulator Denounces Game of War: Fire Age as “Illegal Gambling”

Game of War: Fire Age

The Belgian Gaming Commission (BGC) has declared war on the social media game Game of War: Fire Age, which it accuses of offering casino-style games to players as young as nine. Game of War is a massive multi-player online game (MMO), an in-depth strategy role-player, big on social elements, that’s available primarily on the iOS…Read More

William Hill Makes Takeover Offer for 888 Holdings

UK Gambling harm reduction

888 Holdings has received a potential offer to buy out the company by William Hill, the leading bookmaker in the United Kingdom. After press speculation mounted about the possibility of such an offer, 888 was forced to release a statement to the London Stock Exchange confirming the rumors. “The board of the company confirms that…Read More