Alabama Could be Next to Regulate Fantasy Sports

Alabama could soon operate legal daily fantasy sports as State legislators decided to pass the bill. According to Biz Journals, the Alabama House of Representatives approved yesterday a gaming amendment to include daily fantasy sports under local regulations. The sector will still be considered as illegal until the Senate confirms the House approval. Daily fantasy…

IGT Dumps Double Down

International Game Technology (IGT) has agreed a deal to sell its Double Down Interactive LLC social casino subsidiary to an affiliate of DoubleU Games Co. Under the definitive purchase agreement, social casino operator DoubleU Games, which is headquartered in Seoul, South Korea, will purchase the business unit for $825 million (€774.9 million). IGT said the…

NBA Supports Fantasy Sports Around the World

North America’s National Basketball Association (NBA) has agreed a multi-year deal with sports entertainment company PlayON to launch daily fantasy sports (DFS) contests in regions around the world. PlayON will serve as the official daily fantasy partner of the league in a selection of major markets in Europe, Latin America and Asia. The partnership will…

More Trouble for Online Gambling in Pennsylvania

A powerful group is pushing to set high tax rates to online gambling activities in order to make it non-viable in the state.US.- A group within the Pennsylvania State Senate is attempting to trample down the intent of regulating online gambling in the region. Online Poker Report (OPR) reported that the small but powerful group…

US Online Gambling Ban Concerns Grow

Luminescent signboards flashed across the streets and alleyways as colossal skyscrapers soared upwards to speak with the heavens. The jingle of coins and the rumbling of roulette wheels approached the ear from all directions. Inside, you could hear the flamboyant cheers of players soaked in adrenaline-filled mirth. Drinks poured in one glass at a time…