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£7.8m fine for 888

New Jersey gives green light to daily fantasy sports

New Jersey has joined the expanding list of US states that have passed legislation that allows and regulates daily fantasy sports (DFS). State Governor Chris Christie signed bill A-3532 yesterday (Thursday), after it was given approval by the Senate back in June. New Jersey becomes the 16th state in the US to legalise DFS within…

UKGC calls for more action over problem gambling

The UK Gambling Commission (UKGC) has said that the industry must do more to tackle issues related to problem gambling. The national regulatory body recently undertook a review of gambling across Great Britain, focusing on rates of participation, at-risk gambling and problem gambling, and explored the associated characteristics and behaviours. Tim Miller, executive director of…

Paysafe completes purchase of Merchants’ Choice

Paysafe Group has finalised its previously announced acquisition of Delta Card Services, the holding company for US-based payment processor Merchants’ Choice Payment Solutions (MCPS). In July, Paysafe announced that it had agreed a deal to acquire Delta for $470m (€398.5m). At the time, Paysafe said the consideration is payable in cash and will be funded by a…

GVC fails in latest Ladbrokes Coral takeover attempt

The £3.6bn takeover of UK bookmaker Ladbrokes Coral by online gambling group GVC has hit a snag today as talks between the two companies broke down. This is the second time that the firm have attempted to buy Ladbrokes Coral after holding takeover discussions in December 2016, which broke down due to a disagreement regarding…

PokerStars unveils revamped social gaming platform

PokerStars has opted to relaunch its ‘PokerStars Play’ social gaming service in select markets around the world. The platform features a selection of poker variants such as Texas Hold’em and Spin and Go, as well as a range of slot games, with users able to compete against professional poker players and enter tournaments. The revamped…

Catena reveals key financial growth in second quarter

Catena Media has reported year-on-year growth across various key financials during the second quarter, while also experiencing a hike in new depositing customers. Revenue during the six months to June 30 came in at €15.1m ($17.7m), up 58% on the corresponding period last year. Operating profit climbed from €5.1m to €5.4m, while adjusted operating profit,…

Review recommends scrapping Australian casino licensing investigation

A review board in New South Wales has recommended that a mandatory investigation into the activities of the state’s casino licensees be scrapped, according to reports in the local press. The review was commissioned following government approval of Crown Resorts proposal to build a A$2bn integrated resort in Sydney’s Barangaroo precinct. It calls for the…

American Gaming Association updates responsible gaming codes

The American Gaming Association (AGA) has issued an updated and modernised code of conduct on responsible gaming, following the success of its 2017 responsible gaming week. Its updated codes includes provisions on employee assistance and training, alcohol service, the provision of casino games in person and online, and casino gambling advertising and marketing.

New Jersey’s iGaming revenue continues to grow

Revenue generated by New Jersey’s online casinos rose to over $600m in total since their legalisation in November 2013. The month of July saw New Jersey’s online casinos create over $3.6m in tax revenue, while the introduction of two new online operators, playMGM and Scores, helped to see gross profits in the month rise up…