BlueBet Shifts Focus to Australia After Exiting U.S. Market Post-Merger
In a significant strategic shift, BlueBet, recently merged with Betr, has announced its decision to exit the U.S. market and concentrate its operations exclusively in Australia. This move is set to occur shortly after the merger, indicating a forthcoming rebranding of the combined business.
The decision mirrors challenges faced by smaller Australian betting firms such as PointsBet, which have struggled with the complex and expensive regulatory landscape in the U.S. Each state requires separate approvals for betting operations, often taking years and consuming substantial financial resources before a single bet can be placed. Both BlueBet and PointsBet have encountered failures in securing these approvals in s…
Read moreGGPoker’s WSOP Super Circuit Event Bringing $100 Million in Prizes for the Coolest Poker Faces
An established operator GGPoker is bringing more exclusive poker action with the prestigious online tournament World Series of Poker (WSOP)! A series of poker events will be held from March 3 through April 1, 2024 within the thrilling WSOP Super Circuit 2024. The tournament will reportedly feature the $100 million prize pool to be awarded to the most convincing poker faces at this stage of the WSOP Road to Vegas qualifiers.
$100 Million Prize Pool:
In addition, the organizers will gamble to randomly award $2 million in free tickets to participants. As GGPoker announced earlier today, the World’s Biggest Poker Room will include 18 prestigious WSOP Ring events. The winner of each event will take the largest share of the prize pool. In addition, they will reportedly be eligib…
Read moreJelly Entertainment Acquires Wundermachine To Optimize Content Distribution
Jelly Entertainment, a UK-based game development studio, has reportedly completed the acquisition of Wundermachine, a B2B supplier of social gaming products and technology. The acquisition represents a significant expansion of Jelly’s offering capability in terms of distribution and delivery, as well as a wider market coverage. According to the source, the transaction testifies about the Jelly’s strategic intent to grow into a full-profile B2B supplier.
Acquisition Boosts Content Distribution:
Germany-based Wundermachine is reportedly an experienced gaming and software supplier to the social gaming industry. Its experience in delivering proprietary technology and products across a range of partners will contribute to the Jelly’s capacity as far as content distr…
Read moreXbox Would Suffer "Irreparable Harm" If It Went Back On CoD PlayStation Promises
In making its case for its Activision Blizzard acquisition to be approved, Microsoft has repeatedly said it will continue releasing Call of Duty on PlayStation. But what would actually stop the company from doing otherwise, given that Sony has reportedly refused to accept a contract guaranteeing future releases? According to Phil Spencer, there is serious damage to Xbox’s brand that it would not intentionally invite.
As part of the ongoing hearings, in which the FTC is seeking a preliminary injunction to prevent the acquisition from going through without further review, Spencer was asked if he would expect any kind of reaction from PlayStation CoD fans if the series were pulled from Sony’s systems.
Fortnite Season 8- How To Find And Use The Carnage And Venom Symbiotes
Fortnite Season 8’s battle pass features a sinister surprise at the end: Carnage, the psychotic symbiote from Marvel comics, is the final prize of this season’s pass. If you don’t want to wait to wield Carnage’s power, however, Epic Games has added symbiote weapons to the battle royale game for players to find. Here’s how to find–and more importantly wield–the Carnage and Venom symbiotes in Fortnite.
Fortnite Symbiotes Explained
Symbiotes in Fortnite are Mythic weapons, unique items that hold powerful passive and active abilities. The symbiote will occupy one item slot in a player’s inventory when picked up, immediately granting the wearer zero gravity jumps and the ability to re-deploy a glider during any high jump. When activated the weapon reaches out in fro…
Read moreOperators of gambling-friendly venues located in the Kenyan capital of Nairobi reportedly now have to pay a range of higher licensing fees following the passage of new legislation that has been designed to bring in more tax revenues and cash for charitable causes.
According to a report from the Business Daily Africa newspaper, the Nairobi County Assembly’s ratification of the Nairobi City County Betting, Lotteries and Gaming Act of 2021 means that betting premises must hand over about $5,560 for their inaugural licenses while simultaneously paying a $92 application fee. The new legislation has also purportedly instituted a $278 annual renewal charge as well as a $92 location transfer duty.
Costly certification:
For those properties in …
Read moreMontenegro’s Electronic Payment Ban in Gambling Sparks Backlash- Threatens EU Compliance and Foreign Investment
Montenegro’s recent enactment of amendments to its gambling laws, effectively banning modern electronic payment methods such as Apple Pay, PayPal, mobile banking, IPS, and e-banking, has sent shockwaves through the global financial community, particularly in the European betting and iGaming sectors.
Challenges to EU compliance:
The Minister of Finance’s assertion that the country is not obligated to comply with EU rules raises eyebrows, given Montenegro’s aspirations for EU membership and integration into the digital business world. This paradoxical stance could hinder Montenegro’s progress towards EU accession, as alignment with EU standards is a crucial requirement.
The amendments have sparked concerns about Monte…
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