Playtech and Flutter in £500M Bidding War for PlanetWin
Flutter Entertainment and Playtech are both vying to takeover Italian gaming group PlanetWin365 for about £500m ($610m). [Image: Shutterstock.com] Plenty of competition Playtech and Flutter Entertainment are both in the…
FEC Gets Validation To Spin-Off And List Palasino Holdings
Far East Consortium International Ltd. (FEC), a flagship global real estate developer based in Hong Kong, revealed that it has got validation from the Hong Kong Stock Exchange to continue…
Betr Facing Largest Bet Payout in Australian History on NRL
Betr may have made a major mistake in Australia by offering crazy odds on the Penrith Panthers to win the NRL. [Image: NRL.com] Damage limitation Sportsbook operator Betr might have…
Flutter Entertainment Acquires MaxBet For Serbian Expansion
Flutter Entertainment, a London Stock Exchange listed international sports betting and gambling company, acquired the Serbian second-largest sports betting and gaming operator MaxBet! According to the company, the acquisition conducted…
Ladbrokes Owner Entain Loses £1bn in Market Valuation
Ladbrokes owner Entain has lost £1bn in market valuation due to revenue loss following the introduction of the UK's new safer gambling rules. [Image: Shutterstock.com] “Slower customer acquisition” Ladbrokes owner…
Norway Monitors Banks Due To Gambling Transaction Ban
Lotteritilsynet, the Norwegian lottery authority, will keep the country's nine banks under supervision to make sure their obedience regarding the ban on “processing transactions” with operators that don't own license.…
Singapore Police Seizes $1.8 Billion and Arrests Ten
The biggest anti-money laundering case in Singapore has resulted in the seizure of assets worth almost S$2.4 billion ($1.76 billion) following the simultaneous raid of 400 police officers in the…
How He Laundered Through iGaming
Sicilian mafia boss Messina Denaro (pictured) has died at the age of 61 after a battle with cancer. End of the line Like something out of a Martin Scorsese film,…
FanDuel Wins Bettors’ Hearts After Losing $20m on Parlay
FanDuel might have lost $20m on a bespoke kicking parlay, but it also earned it plenty of praise from bettors. [Image: Shutterstock.com] Expensive day for FanDuel While the accountants at…
Phil Mickelson Opens Up: Gambling Addiction Was “Hurtful”
Phil Mickelson has taken to X to write a lengthy post on the dangers of gambling after suffering from the addiction himself. [Image: Shutterstock.com] “Crossed the line” Phil Mickelson has…