Swedish Gambling Revenue Up in First Months of Regulated Industry

Swedish Gambling Revenue Up in First Months of Regulated Industry

Recent numbers coming out of Sweden’s newly regulated gambling industry show revenue in Q1 of 2019 was higher than the same period last year. This indicates the country is succeeding in channeling players to legal gambling platforms. That is not to say that the regulated market, which went live on 1 January 2019, is not…

Online Bookmakers vs. Betting Exchanges: Pros and Cons

Online Bookmakers vs. Betting Exchanges: Pros and Cons

Betting exchanges are all too often touted as better than online bookmakers in every way. While it is true that betting exchanges do offer some advantages in certain situations, it is a gross oversimplification to just call one or the other “better” without stipulating better at what. Betting exchanges and bookmakers both have their strong…

Western Australia Plans to Fine Lottery Betting Customers

Western Australia Plans to Fine Lottery Betting Customers

Western Australia is preparing to go scorched earth in the war against lottery betting sites. The state government has introduced legislation that calls for not only jailing the operators of lottery betting sites, but also fining their customers A$2,500 for betting on “unapproved domestic and international events and contingencies.”

Unnamed Premier League Footballer Banned from Betting After Staggering Expenditures

A Premier League star has been banned by a bookmaker after depositing and betting more than £5.5 million in just a matter of just months. According to recent reports, the unnamed footballer earns more than £100,000 per month but was flagged for review after employees of the betting site saw depositing staggering amounts of money…

Latest eSports Betting Currency: eGold

eSports betting platform provider UltraPlay is planning to launch a new cryptocurrency called eGold on the Ethereum blockchain. To this end, UltraPlay has announced an initial coin offering (ICO). Sales will go live beginning 18 December 2017 and will run until 28 February 2018 or until a hard cap of 25,000 ETH is reached, whichever…

Liverpool Man Wins Nearly £38,000 Off a £1 4-Fold Accumulator

A punter named only as “Joe from Liverpool” made a killing off Sky Bet last night with a unique accumulator bet that paid nearly £38,000 off a single £1 bet. What’s particularly noteworthy is this was just a 4-fold accumulator. If you know accumulators, that’s quite an accomplishment considering the punter only had to get…