Flutter Entertainment plc, formerly branded Paddy Power Betfair, has posted its interim financials for the six-month period ended June 30, 2019. A drop in pre-tax profits of 24% to $98m took some of the shine off an otherwise healthy 18% increase in overall revenue to $1.24bn.
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On Monday, Brazil’s Economic Ministry published an official notice of an electronic public consultation on how best to set up a regulated online and land-based fixed-odds sports betting market.
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The government in Kenya has shut down many online gambling sites under dubious circumstances.
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With sports gambling continuing to attract more attention in the U.S., the online gaming operator wants to diversify and offer a sportsbook in New Jersey. After that, it could expand its activity into Pennsylvania, where it already has a partnership with Mohegan Sun Pocono.
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Women in professional sports get paid less than men, but they may be able to attract sports betting companies as a way to offset lower incoming revenue.
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As of this moment, anyone with an IP address identified as being South African can’t gamble online, excluding licensed operators controlled, taxed, and regulated by local provinces and the NGB.
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Mumbai police are staying busy trying to keep illegal gambling out of the area. In the latest move, law enforcement officials busted an illegal gambling ring on Grant Road this past Saturday that mumbai-police-bust-illegal-cricket-gambling-ringwas targeting cricket fans and a match between West Indies and New Zealand.
Read More . . .Gambling ads that appeared on an app "appealing to under 18s" have been banned by the advertising watchdog. The ads for LottoGo EuroMillions, William Hill Vegas, Betfair Bingo and Dunder came up in the Looney Tunes World of Mayhem app in February.
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Continuing to ensure that brick and mortar casinos remain appealing to punters is a challenging facing many organisations, one such example operating in the United Kingdom is Genting.
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After a large money laundering scandal was discovered at a Canadian casino, the United States called Canada a major money laundering country, but really the problem is worldwide.
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Bet365 — the world’s largest online gambling company — has joined forced with Pasteko, a local bingo hall operator in Argentina’s capital Buenos Aires. Likewise, Betway have teamed up with Bingo King to begin their expansion plans into the country.
Read More . . .The National Basketball Association (NBA) is expanding its reach and brand beyond its US heartland with the decision to live stream the NBA Finals 2019 to fans in India. They will be able to watch all the action on Facebook, Twitter and YouTube.
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