Sen. Addabbo: iGaming Legislation Dead in NY on March 9 Without Support
The 2023 effort to expand online gambling in New York will fail if Assembly or Senate iGaming bills aren’t included in the “one house” versions of the State Legislature‘s budget proposal on March 9. So state Sen. Joseph P. Addabbo Jr. urged iGaming leaders he’d gathered for a roundtable discussion on March 7 to reach out […]
NorthStar Gaming Now Publicly Traded as TSXV:BET Following Reverse Takeover
Investors will shortly be able to purchase shares in Ontario’s homegrown online gambling operator NorthStar Gaming. The company announced on Mar. 3 that it had completed the reverse takeover process it was undergoing to become a publicly-traded corporation. Technically speaking, the former NorthStar Gaming is now a subsidiary of another company, Baden Resources, which has now taken on […]
iGaming Ontario Faces Operator Ire Over Unexpected Banking Fees
Ontario online gambling operators are frustrated with iGaming Ontario (iGO) over unexpected fees. The provincial agency says it has received due diligence fees from its financial institution and will pass them on to the operators. According to Gaming News Canada, which broke the story, iGO informed operators on Feb. 21 to expect invoices for the […]
Flutter to Pay $4 Million to SEC for Alleged Due Diligence Failures by PokerStars in Russia
Flutter has agreed to pay a $4 million settlement to the Securities and Exchange Commission (SEC) for alleged due diligence failures relating to PokerStars‘ lobbying efforts in Russia. It’s the second time PokerStars’ gray market history has returned to haunt its new owner, following a much larger settlement with Kentucky in 2021. Flutter’s shares trade on the London Stock Exchange, so it isn’t […]
Aristocrat’s Anaxi Strikes Online Slots Deal With Caesars Casino
Anaxi, the online real money gaming division of Aristocrat Leisure, has announced a deal to bring its games to Caesars Casino. The agreement is part of Aristocrat’s plan to extend its retail slots empire into the US online gambling space. For Caesars Casino, it’s a way to add popular retail brands to its slots catalog. […]
Fanatics Online Casino May Follow ‘First Step’ in Online Sports Betting
Fanatics Online Casino is coming to the US eventually but isn’t ready to launch quite yet. However, the beta test of Fanatics Sportsbook for online sports betting is underway in Tennessee and is a “first step,” according to a spokesman for the sports apparel e-tailer. Beta tests, or “soft launches,” are regulatory steps states take […]
Doug Polk And Texans For Texas Hold’em Go All-In In Defense Of Texas Poker Rooms
Professional poker player Doug Polk has taken on a new role as the face of Texans for Texas Hold ’em (TFTH), a lobby group intent on protecting poker rooms in the Lone Star State. The group has come out in support of House Bill 2345. The bill, sponsored by Rep. Ryan Guillen, seeks to legalize […]
Play’n Go Continues US Expansion With Connecticut License
Swedish slot developer Play’n Go has secured a license to offer its games in the Connecticut online casino market. It’s the fourth state for the company, whose US presence also encompasses NJ, MI, and WV. The company can now seek partnerships with one or both of Connecticut’s online gambling operators, neither of which is among […]
PredictIt Temporarily Safe from Shutdown as CFTC Issues New Letter, Rendering Current Case Moot
In a surprise legal move, the Commodity Futures Trading Commission (CFTC) has retracted its August 2022 letter to PredictIt, only to issue a new one. By doing so, it says it has rendered PredictIt’s request for a preliminary injunction moot. Although this likely means that PredictIt can continue operating for now, the CFTC has issued a new […]
New York Online Gambling Sees Mix: iGaming Meeting, ‘Predatory Sportsbook Bonuses’ Bill
New York online gambling may see a mixture of love and hate this month, with a March 7 iGaming meeting scheduled with lawmakers and attempts to further regulate existing legal online sports betting. The Empire State saw movement on the latter on March 3, when state Sen. Peter B. Harckham filed S5395 – a bill […]