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By acquiring Sky Betting and Gaming (which sponsors the lower three tiers of professional soccer in England), the Stars Group will gain a significant presence in the UK’s regulated sports betting market. (Image: Paul Carroll Photography)

Stars Group to Acquire UK Sports Betting Giant Sky Bet for $4.7 Billion

- 3 min read

The Stars Group announced that it has agreed to purchase Sky Betting and Gaming for $4.7 billion, a move that will create the world’s largest publicly traded online gambling company in the world and give Stars a larger presence in the sports betting world. SBG is currently owned by CVC […]

New Jersey Online Gambling Surge May Revive Struggling Atlantic City

- 2 min read

Could online gambling actually be good for Atlantic City? A new study suggests that there is a correlation between the two. According to gaming industry research firm Eilers & Krejcik, Internet revenue in New Jersey jumped 32 percent in 2016. But what was more surprising was that money spent in […]

US Attorney General Nominee Jeff Sessions Says Online Gambling Review Possible

- 3 min read

Alabama Senator Jeff Sessions (R) is likely going to become the next United States attorney general, and that might not bode well for online gambling advocates. Appointed by President-elect Donald Trump, Sessions was on Capitol Hill this week for his confirmation hearing. His Republican colleagues congratulated him, while his Democratic […]

Bitcoin Exchange Operator Pleads Guilty to Federal Money Laundering Laws

- 3 min read

A former Bitcoin exchange operator is pleading guilty to federal charges of money laundering in the Southern District of New York. Anthony Murgio admitted to processing more than $10 million in illegal Bitcoin transactions through the Coin.mx website between 2013 and July of 2015. Bitcoin is a digitally encrypted currency that […]

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