Fantasy sports betting involves creating virtual teams composed of real-life athletes. Participants earn points based on the real-world performance of these athletes in their respective sports. The team with the most points at the end of a competition wins. This type of betting can be split into season-long and daily fantasy sports (DFS). While traditional
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Ras Al Khaimah, UAE, will host the Ortak x B.F.T.H. Arena Awards 3.0 for the first time, gaming technology provider BetConstruct announced Thursday. Scheduled for December 12-14, the event will bring together the Web3, crypto, and iGaming sectors. Led by BetConstruct in collaboration with Fastex, the event promises to deliver “a fascinating industry experience.” The Ortak x
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Maine could see its first in-person sports betting bar open sooner than later, as the owners of a Portland bar cleared their first obstacle on Monday when the city council approved the establishment’s liquor license. According to Portland Food Map, the new sports bar will be called Oddfellahs, and construction is currently underway at 55 Market
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Australian sports betting and iGaming operator PointsBet announced a 17% increase in revenue for the fiscal year that ended on June 30, reaching AUD 245.5 million ($165.3 million), driven by cost-cutting measures and strong operational performance in Australia and Canada.  The gross profit margin for FY24 increased to 52.8%, up 2.5%, reflecting better operational efficiency. PointsBet’s efforts
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Japan’s National Police Agency (NPA) has launched its first-ever investigation into offshore online casinos, responding to the growing popularity of illegal online gambling among the country’s youth. The investigation will target offshore online casino operators catering to Japanese users, a trend that has led to debt and involvement in illegal activities among younger people, reports
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Online betting operator PlayUp Interactive, trading as Draftstars, has been hit with a record fine of AUD 586,000 ($392,700) for illegally offering inducements to gamble. The penalty was imposed by Sydney’s Downing Centre local court in mid-August after the company was found guilty of 33 related offenses involving prohibited advertising. The infractions involved offering free
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View image in fullscreen NFL using ‘integrity representatives’ to monitor suspicious in-game gambling activity League introduces new gambling rules for players Spotters to track sidelines and press box during games The NFL has increased its gambling policy education and integrity monitoring efforts after a successful offseason. There haven’t been any players suspended for gambling violations
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