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DRAFTKINGS TO DELAY U.K. LAUNCH
Thursday December 17,2015 : DRAFTKINGS TO DELAY U.K. LAUNCH
Planned December launch postponed to early 2016.
Despite being granted a UK Gambling Commission licence, daily fantasy sports operator DraftKings will not launch in the UK as planned this month, and has postponed the initiative to an unspecified date early in 2016.
A company spokesperson was unable to provide Bloomberg business news with an explanation for the delayed launch, which observers have speculated is the result of the extensive US media, legal and enforcement interest in the legality of the vertical and whether it should be banned or regulated.
It is known that the company faces high legal and lobbying costs as it seeks to secure its business future in such an environment, where deposits have started to show signs of shrinkage.
The US furore has undoubtedly also had a distracting effect on the company's management and a possible dampening of investor enthusiasm.
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GAN Partners with Station Casinos -
B2B online gaming company GAN (formerly Game Account Network) has revealed Station Casinos as its previously unidentified partner in an announcement made August 2016
Oceanís Call Slot Launches -
Online gambling games developer Habanero has embarked on a journey across the high seas to bring players its latest HTML5 high resolution slot title, Oceanís Call.
Big Names Playing WCOOP -
The big names came out to play in the closing stages of the World Championship of Online Poker this week as major prizes were handed out in a number of exciting and entertaining competitions.
Sirplay to Open Argentina Branch -
#SirPlay expects the new office to be fully operational by early next year, extending its service to Grupo Slots, which holds a license to operate the provincial San Luis Lottery, and other potential LatAm clients.
DFS Changes for Ohio -
#dfs Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.
New Jersey Teams Up With Kahnawake Gaming Commission -
The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.
Petition to Ban Online Gaming in Singapore -
Singapore Pools and Singapore Turf Clubís application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.
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