If something sounds too good to be true, it probably is. That’s the cautionary statement to keep in mind as we discuss a questionable bitcoin eSports betting investment website that is currently making the rounds online. We remind our readers to stick with bitcoin betting sites you can trust as reccomended by OBS to avoid…
The Swedish government has unveiled new legislation to open its online gambling market and issue licenses to international operators. The proposal seeks to break the Svenska Spel monopoly over online gambling and begin issuing licenses to international operators beginning 1 January 2019.
Norway continues its insistence on funneling gamblers to the two state-run operators who have been granted a monopoly over all forms of gambling. Just this week, the government has issued directives targeting gambling advertisements and payments in an effort to crack down on illegal betting sites still accepting Norwegian players.
Turkey is still working out how to deal with unlawful sports betting and gambling, two activities which have remained stubbornly popular despite the country’s strong anti-gaming laws that prohibit everything except the state-run lottery and a limited state-run sports betting portal.
Local news agencies began reporting that Turkey is introducing new controls over money transfers and ATM withdrawals as part of a government effort to combat financial fraud and illegal gambling.
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…
A Belgian court ruling has just erected the latest barrier for betting sites attempting to operate in an already restrictive market. Last week, the Belgian Constitutional Court ruled that licensing practices that allow operators to offer sports betting and casino games on a single website contradict the Belgian Constitution.
The online gambling landscape in Russia is changing rapidly now that betting sites are able to acquire licenses to serve the Russian market legally. Just last week, local Russian bookmaker RUS-TELETOT launched Tennisi.com to become the latest licensed betting site to go live in Russia.
In four months, online bookmakers licensed in Australia will have to do away with credit betting entirely. Reforms included in the Interactive Gambling Amendment Act regarding credit betting are set to take effect on 17 February 2018. From that point on, betting sites licensed in Australia will no longer be able to offer “deferred settlement…
Hurricane Irma tore through Antigua and Barbuda in September, destroying or damaging 95% of structures on Barbuda and causing an estimated $250 million in damage across both islands. The saga continues more than a month later with recovery efforts underway and local officials scrambling for recovery funds.