Tag: Sports betting

GVC and MGM Enter Into $200M Joint Venture

July 31, 2018

International gaming operators are becoming increasingly interested in America’s online gambling market, and a $200m deal has welcomed one of the UK’s biggest sports betting firms into the country. Recently GVC Holdings (the owner of Ladbrokes and Coral) has entered into a joint venue with MGM, and the two companies will work together to provide players across the country with access to top-quality sports betting systems. The Nitty Gritty The new joint venture will see MGM and GVC come together to create a sports betting platform that will cater to American players. Now that the Professional and Amateur Sports Protection… Read More

Paraguay’s Sports Betting Regulations

Paraguay
July 7, 2018

Macau is the place most people think of when they of a gambling mecca that or Monte Carlo. Recently Macau announced a cleanup of their sector by arresting loan sharks. Macau is not the only country that wants to make the laws and regulations clear. Paraguay is also cleaning up their gambling industry. Paraguay is now enforcing the new sports betting monopoly. However, companies do not want to leave the area. The new laws are making companies have to close and leave the shores of Paraguay, but rather than just going they are fighting. The National Commission of Games of… Read More

New Jersey Offers Sports Betting

New Jersey Offers Sports Betting
June 16, 2018

The world knows online and land based sports betting is key. Plenty of countries are working towards getting sports betting to be more of a thing in their markets. GAN raising money is just one company that is attempting to get sports betting as part of their offerings in more places. The US Supreme Court’s recent decision is another thing that makes us take notice of sports wagering and how popular it is. The Federal Court overturned a ruling that would limit sports betting to Nevada only for US people, which is making several states happy. Just yesterday, Mississippi announced… Read More

Game Account Network Raises Money for Sports Betting

Game Account Network Plc
May 22, 2018

Game Account Network Plc is cleaning its balance sheets, and gaining more funds. GAN has boosted earnings for the year, which will help their expansion into the US sports betting sector. The details of GAN’s recent financial boost was provided in a disclosure to the London Stock Exchange. They announced the raising of $10.05 million using ordinary shares. The reason behind the streamlining of accounts is regarding the US sports law. The sports betting law change in the US means companies can start to offer sports book, perhaps even online. The Federal government stopped companies from offering sportsbook options outside… Read More