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The following gambling news is updated multiple times per day. We try to keep you updated on the latest gambling news, including poker news, casino news, brick and mortar news, sports gambling news and industry news. If you have an event or are a company with a press release submit it to us for publication. Contact us at email.

Seventh consecutive week of declining lower traffic - Reporting in its weekly assessment of global online poker traffic Tuesday, the independent monitor Pokerscout noted that traffic has declined 6 percent week-on-week for its seventh consecutive week of lower traffic. All top ten sites and networks showed weaker traffic.

MGT taking over fantasy sports site Fantd - The New York investment company MGT Capital Investments put its corporate toe in the online gambling water this week, announcing that it is about to take a controlling interest in an established fantasy sports betting operation branded FanTD LLC.

Emma Delta Last Chance For OPAP - According to Reuters, Emma Delta has offered Euro 622 million for the stake in OPAP, around half way between the National Bank and Deutsche Bank advisors estimate of the stake's worth of Euro 610 million

UKash Honored By Queen - E-money network UKash has been honoured for the third consecutive year in the Queen's Awards for Enterprise for its contribution to International Trade.

HB1235 Davis Bill Finally Introduced - The much anticipated Pennsylvania online gambling legalisation bill HB1235 authored by Rep. Tina Davis has been launched in the State's House at last, albeit substantially edited.

Oddball fluid odds system - Irish online betting start-up Oddball is confident on its prospects forecasting a market share of 10 percent of the Irish betting market by 2015.

Foxwood in Deal With Game Account for US Casino - The owners and operators of Foxwoods Resort Casino, the Mashantucket Pequot Tribal Nation has entered into a partnership agreement with GameAccount Network aimed at pursuing online gaming opportunities in the United States.

WSEX Finally Closes - Online sports book World Sports Exchange shut down its operation this week citing inadequate financial resources as the reason why.

OddsMatrix Gets Alderney License - EveryMatrix OddsMatrix software has been awarded a Foreign Gambling Associate Certificate in Alderney effectively authorising it to provide its products to holders of an Alderney Category 1 gambling license.

Pieter De Korver Wins EPT Berlin Main Event - The international poker action centred on Berlin in Germany this weekend, where the European Poker Tour Berlin main event kicked off, and the Berlin Cup came to a conclusion, with Dutch player Pieter De Korver claiming the lion's share of the Euro 500,000 guaranteed Berlin Cup prize pool.

Betfair says No To CVC Capital Partners Offer - The initial moves by private equity company CVC Capital Partners to acquire British online betting company Betfair has been rejected by the company's board of directors.

11 Indicted in Ohio Gambling Cafe Busts - Last week’s Ohio enforcement raids on six internet cafes allegedly providing illegal online gambling through a sweepstakes system has resulted in the indictment of 11 individuals and eight companies, the state Attorney Generals office reports.

Party/Bwin BLocks 18 More Countries - Bwin Party Digital Entertainment's strategy to abandon legally grey markets, announced in its last financial reportage appears to have been implemented.

Brothers To To Steal $5 Million Scratch Lottery Ticket - An alleged lottery ticket fraud dating back to 2006 and involving $5 million in prize money has surfaced in Syracuse, New York according to a report in the publication

Tim Kennedy Concerned on NY Internet Gambling - New York State Senator Tim Kennedy, a Democrat from Buffalo, is concerned about the possible effect of legalised online gambling in neightbouring states like Delaware and New Jersey, according to a statement he issued Friday.

Better Wifi Coming to UK Racing Tracks - Traditional racecourse bookies, with their colourful language and hand signals, are very much a part of the racing experience, but modern technology may soon be presenting new challenges to their businesses, reports the publication This Is Money.

US Gambling Ring Defendants Charged - The massive enforcement swoop on internet sports betting and poker that started in New York and spread across the United States last week had a sequel in a federal court in Manhattan Friday, when more than 30 defendants pleaded not guilty.

World Sports Exchange Closes - The World Sports Exchange, a pioneering online sports betting operation in the Caribbean which has been making headlines - often for all the wrong reasons - since the nineties, has finally closed.

Legendz Sports Players Bought By Wagerweb - Speculation on where Legendz Sports players will be referred following the closure of the us sportsbook has been ended with an announcement that account balances are to be transferred to Costa Rica-based WagerWeb Sportsbook.

Rounders 2 Coming To The Big Screen - The much anticipated sequel to the poker movie Rounders will be in theatres by end September titled Runner, Runner entertainment media in the United States report this week.

New Poker Player App - Newly arrived in the iGoogle store is a free Android platform app that enables poker players to get an immediate assessment of the odds and value of each hand as the action unfolds.

Bet365 Owner on Rich List - Online gambling industry observers will be taking an interested look at the new Sunday Times Rich List, due for publication this weekend and detailing the richest folks in Britain.

Online Gambling Will Provide Tax Releif To New Jersey - the legalisation of online gambling will generate $225 million in state taxes, and that the New Jersey Division of Gaming Enforcement is tasked with delivering and implementing online gambling regulations sometime between late May and late November 2013.

Joseph Cheong wins Asian Poker Tour Manila Millions - Cheong outlasted the 18-man field in the super high rollers event with a HK$ 1 million buy-in, pitting himself against well know poker pros Joe Hachem, Sam Trickett, Philipp Gurissem and others.

Perform Relicenced For Sports Coverage - Digital sports media group PERFORM has expanded its rights portfolio in a deal with media rights company MP and Silva.

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