Company Fined for Allowing Underage Online Bets in New Jersey
Rush Street Interactive, which operates the playsugarhouse.com online gambling site in New Jersey, has been fined $30,000 by New Jersey regulators for allowing underage gamblers to bet on the site.
Isaacs: Industry Future ‘Very Much Online’
Gavin Isaacs, the new non-executive chairman of SBTech, commented that the future of the industry lies with online gaming, which was one of the reasons for his taking the helm at the company.
Alberta Moves Toward Online Gaming
Alberta is almost pulling up in the rear of Canadian provinces moving towards legalization of online gaming. The agency that governs gaming in the province has put out a request for proposals from providers.
Report: Online Betting Group Leaks Player Info
An online casino group has leaked information on 108 million bets, including player information, according to reports. The reports at several tech tracking websites say security researcher Justine Paine discovered a data leak this week from an ElasticSearch server.
Chalkline, Parx Launch Free-to-Play Partnership
Tennessee-based Chalkline Sports and Parx Casino in Bensalem, Pennsylvania have launched a partnership to provide free-to-play digital sports games.
Arena Football League Approves Atlantic City Franchise
The Arena Football League has officially approved locating a new franchise in Atlantic City to play at the resort’s Boardwalk Hall. The introduction of sports betting in Atlantic City has been cited as a major reason for the league’s move. Fans will be asked to help name the new franchise.
Paddy Power Goes Live with SG OGS
Paddy Power Betfair has gone live with the Open Gaming System from Scientific Games across regulated markets in the U.K., Ireland and Italy.
West Virginia Lottery Delays Online Gambling
West Virginia Lottery Director John Myers told a legislative committee his agency wants to consider online gambling after regulators work out sports betting apps for the state’s five casinos. Observers said the reason is the lottery’s success, surpassing 2018 projections by more than $25 million. Meanwhile, state Del. Shawn Fluharty re-introduced online gambling legislation.
UK to Consider Banning Credit Card Use for Gambling
The UK government is considering banning the use of credit cards in gambling. UK Culture Secretary Jeremy Wright said he wants to hold meetings with bookmakers and major retail banks to discuss why 20 percent of deposits to gambling firms are made with credit cards.
DraftKings Faces Lawsuit Over Tournament in New Jersey
DraftKings is facing a class-action lawsuit in New Jersey seeking refunds for players in its Sports Betting National Championship, which was marred by a timing issue that blocked many players from making bets on an NFL playoff game. The suit seeks refunds of the $10,000 entry fee and damages. The suit was filed in New Jersey Superior Court on behalf of participant Christopher Leong of New York.
Hedge Funds Circling MGM
Activist investors are making their presence felt on the gaming giant MGM Resorts, which has agreed to add hedge fund boss Keith Meister (l.) to the board of directors. Meister used to work for Carl Icahn and has a history of pushing changes on his investments. A second hedge fund is also increasing its position in MGM.
Ho Dynasty Extended
Macau gaming magnate Stanley Ho has 17 children. Two of them seem to have inherited his business acumen. Daughter Pansy Ho has just assumed control of Macau casino operator SJM Holdings Ltd., founded by Stanley. Brother and fellow billionaire Lawrence Ho operates Melco Entertainment and is determined to win one of the first three integrated resort licenses in Japan.
