Online betting industry news and interesting information from gambling operators in regulated markets.
LetBet (www.let.bet) has thrown its name in the hat to become the next big thing in crypto sports betting. The Belizean company has created its own cryptocurrency designed to power an online betting platform that is anonymous, trustless and decentralized.
Kenyan betting site SportPesa threatened to end all sponsorships with local football leagues and clubs last June if a new gambling tax was imposed on gambling firms. That tax was approved anyways and the news today is SportPesa has indeed followed through on its threat.
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…
Online betting giant Sky Bet and its associated gaming brands sent notice two days ago that they will be shuttering their entire affiliate program effective 2 October 2017 in response to mounting regulatory pressure.
Artificial intelligence continues its slow creep into the online betting industry. This is something the industry has been watching for quite some time, but the pace has been picking up over the past two years. Recent developments are showing promise and all signs point to what we’re seeing today being just the tip of the…
Alternate Dispute Resolution providers (ADRs) are third-party services whose purpose it is to resolve disputes between consumers and businesses without taking small cases to court. When we speak of online gambling specifically, ADRs are intended to function as neutral mediators when disagreements arise between players and betting sites.
We follow betting-related news as a part of our effort to stay up to date here at OBS, and something we’ve noticed lately is a significant increase in news stories related to political betting. It’s true that political betting sites have been around for years, but previously it was more of a novelty thing. Lately,…
Bookmaking is a tough and unforgiving business that has seen many promising startups go live, begin making a name for themselves and then implode in spectacular fashion as a result of small mistakes that spiral out of control. Taking bets from the public is a high volatility business and many betting sites have found their…
Irish betting site Paddy Power took to LinkedIn this morning to post its latest job opening: Head of Trump Betting. Yes, that is the official job title and it does indeed describe exactly what Paddy Power’s next hire will be doing at Paddy’s Dublin office.
While slumming around the internet earlier today looking for something interesting to write about, I stumbled across a study from 2010 that ties in nicely to to the much-publicized CS:GO skins betting scandal we’ve all heard so much about lately.