Tag: gambling
UK government rejects lawmakers call to treat crypto like gambling
The United Kingdom government has rejected a proposal made by the U.K. Treasury Committee to regulate crypto retail trading in the same way it oversee [...]
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
“A system of gambling regulation, in isolation, would be unlikely to address these risk factors” such as the commingling of customer funds alleged of [...]
Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18
In this week’s newsletter, Google Play has officially allowed nonfungible token (NFT) games on its store — with some limitations. NFT company Dapper L [...]
Google Play Store officially allows NFT games, but not gambling ones
The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a July 12 blog post from the s [...]
Crypto developer commits $2M rug pull fraud to fuel gambling addiction
According to a Reddit post, a developer has posted an unusual farewell note, apologizing and blaming his online gambling woes after leaving a project [...]
Fanatics increases its offer to $225 million to acquire PointsBet’s U.S. assets
Fanatics founder and CEO Michael Rubin at his office in New York.The Washington Post | Getty ImagesFanatics has raised the stakes as it looks to acqui [...]
DraftKings offers to buy PointsBet for $195 million, outbidding Fanatics
Omar Marques | LightRocket | Getty ImagesSports gambling powerhouse DraftKings has made a $195 million, all-cash offer for PointsBet's U.S. assets, it [...]
Golden Knights win Stanley Cup, cementing Vegas as sports city
Mark Stone celebrates with the Stanley Cup after the Vegas Golden Knights won the NHL Stanley Cup Final against the Florida Panthers at T-Mobile Arena [...]
NFL Raiders’ Sandra Douglass Morgan on U.S. sports betting
Sandra Douglass Morgan has seen a lot of changes in the five years since she was named to the Nevada Gaming Commission.The same year she became a gami [...]
Teen charged with hacking DraftKings, said ‘fraud is fun’
In this photo illustration, the American daily fantasy sports contest and sports betting company DraftKings logo is displayed on a smartphone screen.B [...]
UK Treasury Committee’s Bid to Regulate Crypto as Gambling Invites Industry Backlash
“This latest Treasury Select Committee report goes against the grain,” Mark Foster, the Crypto Council for Innovation’s European Union (EU) policy lea [...]
Kraken, UK trade body derides lawmaker description of crypto as ‘gambling’
Self-regulatory organization CryptoUK and crypto exchange Kraken UK has slammed a recent report from a panel of British lawmakers that suggested crypt [...]
Crypto retail trading should be regulated as gambling: UK lawmakers
The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service [...]
UK Treasury Committee Wants Unbacked Crypto Like Bitcoin and Ether to be Regulated Under Gambling Rules
“With no intrinsic value, huge price volatility and no discernible social good, consumer trading of cryptocurrencies like bitcoin more closely resembl [...]
Fanatics to buy PointsBet U.S. assets
Fanatics logo is seen on the dugout wall before the game between the Pittsburgh Pirates and the Milwaukee Brewers at PNC Park on July 3, 2022 in Pitts [...]