World's online gaming authority since 1995

Novomatic Puts IPO on Ice as Looming German Regulations Generate Market Uncertainty

Johann Graf, owner of Novomatic

Austrian gambling giant Novomatic has shelved its highly anticipated initial public offering, due to market uncertainty caused by new restrictive gaming regulations in Germany. The floatation on the Frankfurt stock exchange was expected to happen this week, but instead the slots operator and casino supplier announced it was would not be listed this year at…Read More

Ex-Amaya Chief David Baazov Sued by Dubai Investment Firm for Alleged Fraud

David Baazov sued by KBC Aldini Capital 

Former Amaya chairman and ex-CEO David Baazov is being sued by the Dubai investment company he once claimed was financing his proposed takeover of the PokerStars parent. Baazov announced his intention to take Amaya private at the beginning of 2016, before a string of insider trader charges forced him to resign from his executive roles…Read More

Barbuda: Would Really Help Relief Efforts if US Paid Its $273M Online Gambling Debt

Barbuda, devastated by Hurricane Irma

If the United States wants to help the hurricane-ravaged island of Barbuda, it could do so by paying a $273 million debt over online gambling that started accruing in 2007. Antigua and Barbuda has called on the US to pay money that the World Trade Organization says it owes. Ronald Sanders, the dual-island nation’s ambassador…Read More

Scientific Games Buys Online Gambling Platform Provider NYX Gaming for $632 Million

Scientific Games NYX Gaming acquisition

Las Vegas-based Scientific Games (SG) announced on Wednesday that it was acquiring competitor NYX Gaming in a deal valued at $632 million. The purchase further extends Scientific’s dominating presence in the slots market. Scientific Games will buy all outstanding ordinary shares of NYX, a company based in Las Vegas that trades on Toronto’s Venture Stock…Read More

JP Morgan Chief Calls Bitcoin a ‘Fraud’ That Will Crash Like 17th Century Tulips

Jamie Dimon predicts curtains for Bitcoin

Is Bitcoin a virtual bubble that’s about to burst, or a dependable safe haven that can withstand market turbulence and economic uncertainly? Opinion is unquestionably divided, but the head of one of the world’s biggest banks is emphatic that the digital currency that’s been skyrocketing up is certain to come crashing down. At a Barclay’s…Read More

Australia Considers Regulating Online Poker as Internet Gambling Ban Takes Effect

Sen. Mitch Fifield, Australian Communications Minister

Online poker became illegal in Australia on Wednesday, as the country’s Interactive Gambling Amendment Bill became a fully enforceable law. But a new proposal floated this week is offering aggrieved online poker players fresh hope for a fix. Communications Minister Mitch Fifield said on Tuesday that the government is “favorably disposed” to the idea of…Read More

Pennsylvania House Adds Non-Specific Gambling Expansion to Budget Plan

Pennsylvania State Rep. Bryan Barbin criticizes House budget plan

Pennsylvania’s Republican-controlled House of Representatives passed a long-awaited budget plan on Wednesday night, and gambling expansion, having been left out of earlier drafts, is now part of the deal. However, this doesn’t mean online gambling legalization is a certainty. The provision adding it to the House budget plan doesn’t specify which of several gambling possibilities…Read More

Pennsylvania Budget Crisis Keeps Online Gambling Hopes Alive, Michigan Introduces Bill

Pennsylvania Gov. Tom Wolf waiting for the House to resolve his budget woes.

The Pennsylvania legislature is back in session this week, as lawmakers reconvene to resume squabbling about an ever-elusive budget agreement that could, eventually, legalize online gambling. Urgency is growing, though, as the state could go broke on Friday for the first time in its history. Treasurer Joe Torsella and Auditor General Eugene DePasquale have warned that…Read More

CSGO Lotto Skin-Gambling Scam YouTubers Escape FTC Penalties, Despite Deceptive Practices

CSGO Lotto Trevor “TmarTn” Martin and Thomas “Syndicate” Cassell no FTC fine

Two CSGO Lotto skin-betting site owners, who posed as US-based YouTubers blogging about their exploits without declaring that they actually owned the site, were spared fines by the Federal Trade Commission (FTC) this week. Trevor “TmarTn” Martin and Thomas “Syndicate” Cassell would promote CSGO Lotto with videos bearing titles such as “How to Win $13,000 in…Read More

DraftKings, Fan Duel Settle with Massachusetts for $2.6 Million Over Mystery Violations

Maura Healey has game when dealing with DFS.

FanDuel and Boston-based DraftKings will pay $1.3 million each to resolve unspecified historic violations of “consumer issues” in Massachusetts. The resolution comes after an investigation from Massachusetts Attorney General Maura Healey into both companies’ consumer practices “in the early stages of this new industry,” according to a statement from the AG’s office released on Thursday. But…Read More

Cyberattacker Shows His Cards, Says Rival Site Paid for Assault on ACR Poker Network

The Winning Poker Network (WPN) and its flagship site America’s Card Room (ACR) were hit by a spate of massive DDoS attacks on Thursday. The onslaught lasted three days and resulted in the cancelation of the network’s “Bigger Online Super Series” (BOSS) of tournaments. Cyberattacks are nothing new, and DDoS assaults have menaced the online…Read More

Howard University Pulls off Biggest Spread Upset in College Football History

Howard University UNLV college football

Howard University was a 45-point underdog entering Saturday night’s game in Las Vegas against UNLV. But that didn’t stop the small Mid-Eastern Athletic Conference team from pulling off the biggest spread upset in college football history. Just 10 miles from the Strip, Sam Boyd Stadium played host to the biggest sports betting upset Nevada’s legalized…Read More

New DDoS Threat ‘WireX’ Harnesses Android Devices, But Tech Companies Are Fighting Back

WireX botnet harnessed Android devices

Google was forced to remove around 300 Android apps from its Google Play Store this week after it emerged that they contained embedded malware that facilitated a new kind of distributed denial of service attack (DDoS), dubbed the WireX botnet. Online gambling firms have been targets for DDoS attackers since the infancy of their industry,…Read More

888 Hit With Record $10M Fine for Letting Problem Gamblers Play

MP Tom Watson condemns 888 for failings in corporate responsibility

888 Holdings has been fined £7.8 million ($10 million) by the UK Gambling Commission over serious failings of its social responsibility program. The fine, a record amount for the online gambling industry, was imposed after regulators discovered a technical glitch in 888’s system that allowed thousands of self-excluded gamblers to continue to play. The UKGC…Read More

Keno Wars: Mass. Lottery Threatened by New Hampshire’s Tax-Free, Online Games

New Hampshire Gov. Chris Sununu wants keno

A border war is looming in New England, as Massachusetts officials try to figure out their best response to an offensive move by neighboring New Hampshire, which intends to go after the region’s keno lottery dollars starting in January. New Hampshire Gov. Chris Sununu signed a bill in July that seeks to fund early education…Read More