A 300-year-old British law is the basis for a $300 million lawsuit against sportsbooks in Washington, D.C. The law, known as the Statute of Anne, allows gamblers to sue to recover losses over $25. Mayor Muriel Bowser has moved to retroactively exempt sports betting from … Read more
Ontario AG Doug Downey is seeking legal approval to open the province’s online poker tables to players from the U.S. The move follows Pennsylvania’s surge in online poker revenue after joining a multi-state network. TORONTO – Ontario is making a push to open its online … Read more
FanDuel IPO would only make a small shareholding available but nothing is imminent. Flutter saw a 42% jump in online revenue during Q1 which was driven by online player growth being up 36%. FanDuel was responsible for 91.6% of Flutter’s revenue compared to only 8.4% … Read more
Flutter and The Stars Group will go through with a planned merger on Tuesday, May 5, 2020. The two companies own major gambling and sports betting products like FanDuel, Betfair, FOX Bet, and PokerStars. The newly merged company will split operations into four geographically based … Read more
The sports betting market in Pennsylvania is thriving and another sportsbook location has opened its doors. Mount Airy Casino opened their sportsbook in Pocono, Pennsylvania last week for residents and tourists alike. All visitors must be 21 years old by law to participate in any … Read more
Skrill is a PayPal-like money transfer company based in Europe and popularly used for sports wagering. Rapid Transfer streamlines and encrypts bank transfers for online purchases. Paysafe Group hopes synergy between its two brands will drive US adoption. New York – Skrill, one of the … Read more
PokerStars operates under the Resorts Digital Gaming, LLC skin. Accepting wagers on New Jersey college athletic programs is prohibited. There were 217 wagers were refunded by PokerStars. ATLANTIC CITY – The New Jersey Division of Gaming Enforcement levied a $10,000 fine to PokerStars after discovering … Read more